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- MarcusFire replied Nov 25, 2013
Jason . . . As my Polish ancestors would say about your squat example: Yumski. Back to trading . . . Here is a daily chart of the Aussie . .. If I were not already long EU . . . I would probably be taking a long on AU now with a wide stop. And hey ...
- MarcusFire replied Aug 12, 2013
Hi Smash . . . Master the Markets and this thread are both gold mines. I re-read this thread (especially Malc's posts) almost daily.
- MarcusFire replied Aug 1, 2013
SD - GU - Closed my long . . . New Perspective . . . Good Call! :-)
- MarcusFire replied Jul 31, 2013
*** Fib Zone . . . Copyright Jason aka Pres78 . . . 2011, 2012, 2013
- MarcusFire replied Jul 31, 2013
Hi SD . . . I'm on hold for the moment on EU. It's back at a crucial price range where the sellers absorbed the hell out of the buyers back in June. I want to see which way it goes through this Fib Zone*** before taking a position.
- MarcusFire replied Jul 31, 2013
Fair enough . . . But the longer term trend is up. (This year has seen some good up moves and a double bottom). The mark-down / Shakeout will not last as long (*IF* this is truly strength!) . . . or . . . it will last as long as it lasts. either way ...
- MarcusFire replied Jul 31, 2013
Hello Malcolmites . . . Chart of Pound Futures . . . 12 Hour . . . I'm looking for longs . . .
- MarcusFire replied Jul 10, 2013
After today's action, we need a reminder from the master. Malcolm say Relax:
- MarcusFire replied Jul 7, 2013
Some buying is hitting, but trend change has not happened yet. Patience.
- MarcusFire replied Jun 26, 2013
I feel your pain! I stopped trading the JPY pairs. More power to ya if you can make it work!
- MarcusFire replied Jun 26, 2013
I jumped the gun on that GU short. I should not have taken the first sign of selling. (NEVER take the first sign!) Look at the PA in the overbought region after the trend channel forms. Two hour chart: Points ABC to set up Trend Channel That UHV ...
- MarcusFire replied Jun 26, 2013
Hi Connected . . . . Todd Krueger: Try searching for his name in this thread. You'll see a few posts about him.
- MarcusFire replied Jun 24, 2013
Current take on GU. I've been trading this more than EU because it's been moving better lately. There was plenty of Market top and Trend Change action the last two weeks or so, so I'll just say the BG prior to this chart is weak. If you disagree, ...
- MarcusFire replied Jun 23, 2013
HG be droppin' some truth bombs on us.
- MarcusFire replied May 19, 2013
I didn't think that, so no worries. I'm just explaining my reasoning.
- MarcusFire replied May 18, 2013
I did. The trend for the week is down. This is the retracement, and sellers are hitting the up move. I took a position when the selling was confirmed. Are you asking why I didn't wait for the next little up move to sell? How could I know exactly ...
- MarcusFire replied May 17, 2013
Here is my Thursday trade on EU that I closed on Friday at 2812 for 85 pips. The trend for the week is down, so I'm waiting for short opps. Five marked bars are as follows: 1. Previous lows taken out on good volume - No strong signs of buying or ...
- MarcusFire replied May 17, 2013
I put Jason's (Pres78) Fib Zones on UHV bars and watch the ensuing Price Action. Very helpful when I'm trying to ID potential Trend Change. Actually, they work nice for ID'ing trend continuation as well.
- MarcusFire replied May 15, 2013
Just a thought . . There's too little chart here. What about the background? Did the background support a short at this time? Are you falling into the trap that used to get me: Only looking at the right edge and not taking trades in harmony with the ...
- MarcusFire replied May 14, 2013
Previous SOS from Friday and Monday on EU taken out, with no buyers stepping in. Weakness abounds.