Just back home after long day@work
My 4h still suggest one more up move "If I'm right next 12h"
3360 and 3460 very important point.
My 4h still suggest one more up move "If I'm right next 12h"
3360 and 3460 very important point.
Dislikedstopped out at Breakeven on that one as it spikes north.
nice trade huskyIgnored
DislikedHi bump,
I made a loss today on EJ as well , what happens is sometimes that you loose focus in the market as stop hunt moves take place..
Firstly my trade entry was correct but the move surprised me..as I had lost my focus at that point as I was working on some on going business.
Remember the simple dow rule:
If we see a 100 point down move on the dow within 35 mins of the session.99% of the time it is a profit taking move...
I hope this helps...
Being a trader involves a balance of emotions in both profits and loss scenario's and even after...Ignored
DislikedBe carefull of the "5th wave failure" phenomenon on the last wave of the so called up move.
This thing should have shooted up to 3600 by now, taking too much time to hesitate going up.
There was some good fib number by our friend DBFusion on Friday in respect to levels:
http://www.forexfactory.com/showthre...32#post5417532
I think they are very important to consider.Ignored
Disliked1-That's why i asked what TF
2-buy or sell both can b right depends on TF , MM because PA no go in Straight line
3- 1.35 my target since weeks ,I posted chart for that XX
4-I follow my plan and wait 35 to add sell because have no doubt PA will go back to 3150
ps: As Always says
Market do whatever it like but this how i read my own chart and follow my own Plan.Ignored
Disliked1. Quad bottom
2. Level count bottom ( see the table)
3. Trading hours ( range till NY)
Scalped the bottom.
If it doesnt break 3380 till 14.30-45 gmt, we may have valid long setups. My advice: If u like and you do scalping, go with ECN/brokers with 0.5-1.5 pip maximum spread.Ignored
DislikedJust back home after long day@work
My 4h still suggest one more up move "If I'm right next 12h"
3360 and 3460 very important point.Ignored
DislikedClosed: + 20pips. Looks very weak attempt to go higher. thinking about finding a position for a shortIgnored
DislikedJust back home after long day@work
My 4h still suggest one more up move "If I'm right next 12h"
3360 and 3460 very important point.Ignored