DislikedAnybody knows why this month NFP is on Thursday.Usually NFP is on the first Friday of each month
MikeIgnored
All Day USDhttp://www.forexfactory.com/images/m...ct_holiday.gifHoliday: Independence Day
That's why
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DislikedAnybody knows why this month NFP is on Thursday.Usually NFP is on the first Friday of each month
MikeIgnored
DislikedAnybody knows why this month NFP is on Thursday.Usually NFP is on the first Friday of each month
MikeIgnored
DislikedHi SRILOBA..
You can easily attach your chart by clicking "Manage Attachments" button in "Additional Options" window and upload your chart there while creating a post. Looking forward to see your post
..::hijackxx::..Ignored
DislikedThanks Hijackxx
But I save my charts on word and when I attach them they said too big. Is there any solutions ?
Thanks
SrilobaIgnored
DislikedHi fellows traders,
Here is my trade for today, second July'08. It is a easy trade. Follow the rule, be patience and money management. It is obvious at 4 hour chart, price is overbought but price is above 89 and 200 sma. So the trend is up at this stage. Now price retraces. At 1 hour chart, I saw price forms a double bottom and supported by 55 ema and 89 sma.
At 15 minute chart, price also forms a double bottom and found support at a central pivot point(CPP = 1.5784).
Sorry, I can not attach a graph. It is too big. I will later.
Enter a long trade at 1.5804 and close at 1.5855
Have a nice day
SRILOBAIgnored
DislikedWhat do you think about selling E/J, look at the charts attached.
There is an important fibo extension resistance at 168.50 on the 1H chart There is a 0.618 resistance in the bigger picture (4H), and a close below trendline and a round top could be possible. Also a descending triangle could be in place..
E/J could come back at least at the 21 EMA at 4 hs chart at 167.50.
My R1 pivot daily is at 168.13 but the weekly PP is at 167.99, so i prefer a close below this level.
What do you think??Ignored
DislikedWhat do you think about selling E/J, look at the charts attached.
There is an important fibo extension resistance at 168.50 on the 1H chart There is a 0.618 resistance in the bigger picture (4H), and a close below trendline and a round top could be possible. Also a descending triangle could be in place..
E/J could come back at least at the 21 EMA at 4 hs chart at 167.50.
My R1 pivot daily is at 168.13 but the weekly PP is at 167.99, so i prefer a close below this level.
What do you think??Ignored
DislikedHi Mr Phillip,
With all due respect sir i made another loss
I would love to see your demo live trading to see how you did up to now. If 2 losses in a row is a problem then you should stop trading right now as 3 to 4 losses in a row is most definitely going to come as well. If you however only risk 2% of your capital per trade you can have 20 wrong deals in a row and still have 50% of your account.
You should demotrade for at least 30-50 trades(done according to the system) and show a good deal of pips positive before going live.
again this morning i wonder is there any thing i really missed out.
I saw a TC pattern on the 04.00 candle,
A bullish engulfing candle or quasi tweezer bottom,
Entry at open of 08.00 candle @ 1.5759
SL below previous two candle low @ 1.5725
TP1 @ 1.5800
R:R 1:0.9
Was stopped out at SL
Kindly enlighten if i had entered too early?
I look forward to hearing from you.
Thanks a lot to Happy 68 and Scotty for there insight and may the pips be with you.
ThanksIgnored
DislikedI have done my 100th trade since posting it from Oct2007.
Only 9 lossesIgnored
DislikedEntered long after a tail indicating a short trade failed and has been turned around by an engulfing strong bullish candle.
Enter at 1.5852
SL 1.5821
TP 1.5985
Will close 50% after 25pips gain and set remainder at BE
Edit 1
Close 50% after 25pips. Set remainder at BE and 45Trailing stop.Ignored