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- xxDavidxSxx replied May 22, 2008
There it is. Euro$ found resistance under the yellow trend line. That could be it, or it could ride up the bottom of that trend line before falling off. But I see it falling to 1.5000 soon. As long as it stays under the yellow trend line that is. ...
- xxDavidxSxx replied May 21, 2008
On the news thing... I been trading 4 years, and I place most of my trades just before news. And I have professional day trader friends that make a living for there companies scalping the market. Each person will find there nitch (if they find one ...
- xxDavidxSxx replied May 21, 2008
Here is my chart continued. This is going to establish some kind of pattern, but its incomplete and will be determined if euro reaches new higher highs, or falls short and turns in the yellow reversal zone I have there. Euro likes to make a 76.4 ...
- xxDavidxSxx replied May 16, 2008
Here's chart... image
- xxDavidxSxx replied May 16, 2008
I don't think housing starts will show improvement yet, and neither does the market as its rising on anticipation. Technically euro$ needs another rally up to test the bottom of the up trend line.
- xxDavidxSxx replied Apr 14, 2008
I posted to go long before any one else. But who cares. Retail sales comming out this morning. It will show improvement over the last. I don't see 1.6000 today.
- xxDavidxSxx replied Apr 13, 2008
Only time s/l ever gets hit is if I am away, or asleep. If I see something fishy in price action I bail out(cut losses) and either reverse order, or stay out.
- xxDavidxSxx replied Apr 13, 2008
Humph. I closed that out. loss of 20. What ever its doing, it seems to want to go lower. The bottom trend lines blown out too so who knows now.
- xxDavidxSxx replied Apr 13, 2008
As close to 1.59 as possible
- xxDavidxSxx replied Apr 13, 2008
I never use tp's because I want the big moves. You never know when it will be a 500 pip week long move.
- xxDavidxSxx replied Apr 13, 2008
trailing s/l hits or where ever I feel is good.
- xxDavidxSxx replied Apr 13, 2008
Chart image
- xxDavidxSxx replied Apr 13, 2008
Have to go long on a gap like that — Well.... A gap like that has to be traded. And if it bombs, o'well. Because when have you seen a gap like that not get filled? Long 1.5705 and 50 pip s/l trailing 55 pips. More conservative s/l would be ...
- xxDavidxSxx replied Apr 11, 2008
All I can do is go by what you said. Your pointing out everything you should have said. Because all you said was "Yea, trade the break out" There are a lot of noobs on here that will take your advise word for word. And start entering blind on a ...
- xxDavidxSxx replied Apr 11, 2008
You fail to explain why you consider one break but not the other. Hence verifying exactly what I said. Thanks. Personal discretion based on fundies, or some other reason. I make 90% of my money taking position just before news. Thats when the real ...
- xxDavidxSxx replied Apr 11, 2008
I told every one here that move was going to happen and suggested entry long befor it even broke. Edit: that might not be the one I was thinking. But this time I havn't said a word, and this break out crapped out. You can not trade break outs ...
- xxDavidxSxx replied Apr 10, 2008
I am looking at the same as you. I have been taking this week off to see if the eur$ does anything. But what its doing now isn't very predictable in mid term like I trade. It has a very bullish look to it, as if its gearing up for a break out to the ...
- xxDavidxSxx replied Apr 7, 2008
1.5816 and 1.5888 trend line resistance ahead, if it keeps to the greater triangle. A blast through both could be fake or trend continuation. Hard to say witch.
- xxDavidxSxx replied Apr 7, 2008
Sounds about right
- xxDavidxSxx replied Apr 7, 2008
I just sat down to the monitor and was like, WTF? Yea didn't expect that, but I guess it had to do something, other than sit on the weekly pivot all week long.