http://i1356.photobucket.com/albums/...ps302459b8.jpg
It works till it doesn't
DislikedI'm doing well. How are you?
I haven't been trading much because I have been remodeling a property. Just took a quick look at the VIX, the eur:usd and aud:usd. I see these currencies hit daily supply zones. Draghi sure helped the eur:usd retracement. Interesting that aud:usd didn't react much in comparison. It may go higher.
There is a great deal of uncertainty with the fiscal cliff crisis, Greece, Spain and the middle-eastern theater is heating up. Another thing to consider is that it is December which usually means lower liquidity....Ignored
DislikedSage advice. I forgot about NFP. Better to be flat; there is always another setup.
Happy Trades,
fxstirIgnored
DislikedAnd... just in case you missed this little tidbit. Remember not long ago when the eurozone was in big trouble and the PIIGS were getting ready to implode. Everyone was cock sure the eur:usd was going to parity and right soon. Then miraculously, as though thru divine intervention, the euro was saved. In addition to the unconscionable destruction of the usd, and subsequently the sovereignty of the US, this is why trading has become more difficult.
http://www.youtube.com/watch?v=n0NYBTkE1yQ
Happy Trades,
fxstirIgnored
DislikedSet up looks good, I've found that the signals work much better tho on the dailys & up. It's a matter of personal preference & what suits your personality & trading style. they are a lot easier to see on the higher TF tho. Hopefully this helps.
http://i1356.photobucket.com/albums/...psc37407b2.jpgIgnored
DislikedRemember tomorrow is NFP so be careful volatility will increase. I personally am not entering any new trades till after the number is out of the way tomorrow morning.Ignored
DislikedGood chart mate. I also waiting to close my short and reload longs at 1.288X area. I believe no major movements till NFP today. Good luckIgnored
DislikedOn EU 4hr Chart indicating reversal and continuation of up trend. Need further confirmation on this. Good luck to all and have a nice weekend.Ignored
Disliked
This signal is still very valid for a long to test of the highs. R:R is very solid here with risk clearly defined. Risk no more than 20 pips from this point looking for a 100 pips.Ignored
Dislikedmay price they gone leave higher...which is good for us...more opportunitys in london sesion...Ignored