If this breaks to the downside it might possibly be a good hold for Friday. You never know stops in place.
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DislikedIf this breaks to the downside it might possibly be a good hold for Friday. You never know stops in place.Ignored
DislikedLast week close was signalling demand, why place a sell limit order ?Ignored
DislikedThink you're right. We would've expected 361 or thereabouts to have been reached as a pullback this afternoon. It hasn't happened. Looks like price is waiting for the averages to catch up before pushing further south (I like to have 4 and 8 hour on my chart as a guide only)Ignored
DislikedYeah I'm not sure we're going to make 36. I almost posted about the blue being weekly low and stronger than the open/close but I want to be careful not to impact the trading decisions you guys make. Everybody has to find their own way. It is always possible that we rally a little this evening during Asia and early Europe back up to test the open/close area.Ignored
DislikedCindyxxxx, You apparently did not read the thread completely from start.
Seneca is the real deal. He is trading his own account and making a descent living.
He is sharing his concepts and truths he discovered in the market.
So don't just make ignorant comments.
Most traders in this thread are objective and have sincere desire to learn and succeed.Ignored
DislikedAt what point does a level become a 'non-level', ie no longer relevant?
For example, previous day low is broken, then retested (I call that the 1st test with the best probability). Great place to enter. Price then falls away a bit, then sharply rises and crosses back above the level. Is the level now violated as its been touched several times or should we still be monitoring it until the next session and new levels are defined.
In my research it does seem to be that once a level has been touched, breached a few times it looses its importance....Ignored
DislikedWell that didn't go as well as I would have liked. It was pretty obvious as London unfolded that the yen pairs are still driving the bus. The Thursday low held on EU so I had to exit with about twenty eight average pips (35 on highest entry and 21 pips on first entry). Both yen pairs once again had textbook and very profitable daily open trades. I didn't have internet until this morning so the week has been a total bust for me. I just got enough to get back to evenish for the week with the EU trade yesterday. I finished the week down .1%.
I...Ignored
DislikedEJ was a beauty today. My most profitable trade of the week.
What exactly is your motivation behind starting a TE? I feel you've provided more than enough through your charts and commentary in this thread.Ignored
DislikedEJ was a beauty today. My most profitable trade of the week.
What exactly is your motivation behind starting a TE? I feel you've provided more than enough through your charts and commentary in this thread.Ignored
DislikedI hope everyone had a profitable day...6.0R gain = 6% for me.
Had some losses when price spiked around the daily open, but made up my losses and some more later in the day.
Have a nice weekend, traders!Ignored