- Search Forex Factory
- 7 Results (4 Replies , 3 Comments )
- Robtheprob replied Feb 5, 2013
I held back until the news was released. I'm waiting for a retracement at the moment, as long as price does not stop at resistance. I'll see how price reacts at resistance.
- Robtheprob commented Jan 22, 2013
Price has tested the 1.5850 level, of old resistence which has become a new support level,and bounced off, having also tested the 61.6% Fibonacci level on the 1 hr chart. More downside to come.
- Robtheprob commented Jan 21, 2013
Looks like more of the same for this year, compared to last year. I'm really glad I'm a short term trader, rather than a long term investor. In the short term, I can sell short a falling price, and buy long the rising price. It takes more effort ...
- Robtheprob commented Jan 21, 2013
Once price hit the 1 hour resistance area, it was time to think about finding a short entry. I found a nice 1.58486 price entry on the five minute chart. I'm just waiting to see if it hits the 1.57925 support area.
- Robtheprob replied Jan 17, 2013
That AUD/USD sell. I would like to see it break the 1.05044 support before looking for a sell.
- Robtheprob replied Jan 17, 2013
Dear Brixton, Thanks for the reply. It's very helpful. Using the rejection candle as confirmation on entry, would work well as far as reading candle action is concerned. I put a lot of store candle action. thanks
- Robtheprob replied Jan 16, 2013
Would I be correct in thinking that you wait until price hits the 72 MA line and a resistance line in a down trend, or a support line in an up trend. Thanks in advance.
- Posts by Member Search: 'Robtheprob'