Long 1.2846
s/l 1.2826
target open waching for test of 1.3000
Dave
Chart in a few
s/l 1.2826
target open waching for test of 1.3000
Dave
Chart in a few
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Quoting xxDavidxSxxDislikedLong 1.2846
s/l 1.2826
target open waching for test of 1.3000
Dave
Chart in a fewIgnored
Quoting xxDavidxSxxDislikedLong entry still forming.
1 min chart on the left and 1 hr on the right.
The first entry was when the price found support on the 55 min MA.
Then had a retest of the low. So far its holding.
I am just waiting for it to find support on the 55 min ma for the next long. Trend is too strong to not have a retest of the high befor a significant retrace can happen on a higher than 1 hr time scale.
The 55 min MA is because its equal to 1 hr. The line will be zig zagged across likes its liquid, and then it will become solid and provide support or resistance. Thats usually the direction it will take the next hour.
http://img385.imageshack.us/img385/9...ntry0qe.th.jpg
Dave
edit looking for an hourly close above 1.2846 Then a break of that candles high on the next is the entry signal.Ignored
Quoting xxDavidxSxxDislikedLong entry 1.2782
s/l 1.2765
target 1.2840.....just under weekly pivot 1.2846
see chart aboveIgnored
Quoting xxDavidxSxxDislikedMoving target up to 1.2980
moving s/l up to 1.2800
wach the 1.2845/50 range for weekly pivot resistance. Need a close above on the 1 and 4 hr charts.
DaveIgnored
Quoting xxDavidxSxxDislikedshort 1.2859
s/l 1.2873
Target: open...looking for 1.2775 at first
DaveIgnored
Quoting xxDavidxSxxDislikedhedgeing order 1.2860
....Ignored
Quoting xxDavidxSxxDislikedshort 1.2738
s/l 1.2753
Target open looking for retest of daily low 1.2700/10.
Then a bounce back up as people try to buy on dips. But a top is looking to have formed in the short to mid term.
DaveIgnored
Quoting xxDavidxSxxDislikedShort 1.2792
s/l 1.2830
Target open
DaveIgnored
Quoting xxDavidxSxxDislikedprice 1.2880
Move s/l down to 1.2815
DaveIgnored
Quoting xxDavidxSxxDislikedHere is something we all should read.
http://www.nfa.futures.org/investor/forex/forex.pdf
I have just switched my account from GFT to MG financial.
GFT had poor customer service, and there platform durring volility would have cpu usage spikeing from 5% to 100% rapidly preventing you from doing anything for a few min. My whole cpu would freeze up. And it didn't start happening untill I had a few big winners.
But any way....GFT=bucket shop. Tested on live account.
That link was provided by MG when they sent me my account information.
MG offers alot more profesional services too.
Also, starting next week or so, I will be managing some one elses account. This is going to take all my attention. I won't be able to post trades exactly as they happen. I am going to start posting an overall direction I expect the market to move in. I will do my best to clue you guys in on what to expect from the market. If I find that I can post a trade then I will.
DaveIgnored