I think the market may be waiting for unemployment claims later
Blogging daily now at www.volume.zone
Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies
Best broker for scalpers? 162 replies
Scalpers Hourly Range Indicator (TSR tweeked for scalpers) 2 replies
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays 88 replies
Synergy Method For Scalpers and Scalpers Hourly Range Calculator (Based on TSR) 22 replies
DislikedOK why you short when the 10 sma on the 5 min is riding on top of the 20 sma. Do you like getting draw downs ?? lol ..
I would not be going short under the 20 sma on the 5 min and making sure I get a confirmation of a 10 sma crossing down thru the 20 sma.
202.2 to 203 is the range right now. I will be playing the breakout of the range either way .Ignored
DislikedIf the futures were going to react to ML they would have reacted ..... 30 points down is nothing. reaction is 50 points plus
I think the market may be waiting for unemployment claims laterIgnored
DislikedI cannot tell you simply how and right now I'm trading and charting and
my sentiments are explained all the way back through the thread.
I am a rookie, but the charts told me for the most part.
maybe I can get sme time later today and post some charts.
short at 202.90 or if you are short at 202.70 you may be able to get 10-20 pips on a s/t scalp down but again that is mad risky considering the huge upward pressure.
I cannot tell you in a simple way how I judge what I refer to as huge upward pressure. But there is still big upward pressure.Ignored
DislikedHaven't been in this thread for a while, but I last knew that you were holding some longs. Looks like they did you well congrats!http://www.forexfactory.com/images/icons/icon14.gifIgnored
Dislikedcongrats ? it worked out for rram .. he holds trades with 400 - 800 pip draw downs. That is one sure way to wipe out an account.
He was luckyIgnored
DislikedThe breakout of the bull flag and trend change on the 2 hour ,2 days ago told you that for swing trading the trend was changing.
The vertical line in the attached chart where the price broke the 50 sma and then the 50 sma formed support was a give away.. This was the first time this happened in 7 days
AttachmentIgnored
Dislikedcongrats ? it worked out for rram .. he holds trades with 400 - 800 pip draw downs. That is one sure way to wipe out an account.
He was luckyIgnored
DislikedBuy buy buy buy buy buy buy buy buy buy buy
GBP/JPY to the 50 MA and above
buy buy buy buy buyIgnored