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- shawn3245 replied Oct 17, 2012
NYO view point from a newbie. Looking at the weekly chart the current candle looks like a bullish engulfing of last weeks candle which is a hammer which could signal the end of the run up. Also there is resistance at 1.31705 so there could be a ...
- shawn3245 replied Oct 16, 2012
Is anyone watching the EJ? Here are my thoughts on the EJ. Looking at the weekly chart I see last weeks candle was a pin and closed above the 10 ema. This weeks candle has been bullish meaning looking for longs Looking at the 4h chart the slope of ...
- shawn3245 replied Oct 16, 2012
Done for the day. Took two trades. Took a long above 1.30500 and was stopped out of that trade. The second trade was a short and made everything back that was lost in the first trade. I think its time for a break from this and take a good look at ...
- shawn3245 replied Oct 16, 2012
Thank you sir. I now understand what the story is with using ADR This sure looks like a mess with EU. The 4h says long but the 15m hasnt given any sign to get in yet. Shawn
- shawn3245 replied Oct 16, 2012
I understand why you are saying not to short yet. The question is how to respect the ADR and if Im thinking correctly on the way I think that it should be used. Can you comment on that please? You are becoming more respected on the board and I would ...
- shawn3245 replied Oct 16, 2012
Good morning all, I have a question for the masters of the board. I just turned on my computer and noticed that the ADR in the EU on the 15 min chart has been reached. After watching the video posted here last night it seems that the ADR acts like a ...
- shawn3245 replied Oct 15, 2012
Anyone watching the EJ bouncing off the ARD high? Just wondering if anyone took a quick short for a few pips? Shawn
- shawn3245 replied Oct 15, 2012
Ok with all the talk about ADR I have finally found the indictor. Now for my newbie question which will really make me look NEW how do you install this file and have it work on MT4? Im trying to get it to work but cant get it for some reason. I ...
- shawn3245 replied Oct 15, 2012
Good morning all, I short three lots this morning for a total of 13 pips. I took the trades using only the 15 min chart today. I took the shorts at the red arrow after seeing the green candle before this one couldnt close about the 10 EMA and that ...
- shawn3245 replied Oct 12, 2012
Can you explain a little more what you mean about that? Here is what I did wrong today. I looked at the 4h chart before the NYO and saw that the PA was above the 200 and 10 EMA. I also noticed that the PA touched that 10 EMA which I thought would ...
- shawn3245 replied Oct 12, 2012
What a newbie day it was for me. I thought that at the beginning of the NYO the PA was going to get to the BRN of .3000 boy was I wrong. So for the day the newbie managed a gain of 2 pips. Need to do more homework this weekend to see what I did ...
- shawn3245 replied Oct 12, 2012
I was looking at the same chart that you have here trying to decide which way to trade the NYO. Looks like that .2985 has become a resistance area and was rejected again on the 4 h chart. If it gets through the .2985 the the next area of interest is ...
- shawn3245 replied Oct 11, 2012
Can you post a chart of the 200 ema adr and pin bar please?
- shawn3245 replied Oct 11, 2012
More like a moron newbie move. It worked for 7 pips for me. That gave me a total of 17 pips for the day. I still have a lot to learn which Im sure is very apparent from my posts. I will keep trying and will get better at this. Shawn
- shawn3245 replied Oct 11, 2012
I am not in this trade. Im still learning and following along. Im guessing that you are long from 101.600 the RN and looking for 10-12 pips from what I have read in your posts. I was looking at the 4h chart which would be another reason to go long ...
- shawn3245 replied Oct 11, 2012
Did anyone go short off the RN 29500 and when Jep said the ADR has been reached? Shawn
- shawn3245 replied Oct 11, 2012
For some reason I cant get the ADR indicator installed on my MT4 platform. Its driving me crazy because its a helpful tool for our trading. I saw the resistance at the .2950 area that you are talking about but thought that a break above the 800 EMA ...
- shawn3245 replied Oct 11, 2012
Good morning all, Looking over the charts and from what I can see looks like I will be looking for longs in the EU after the NYO. The problem that Im seeing is that the PA is bouncing around the 800 EMA with the 10EMA getting to the same place. Will ...
- shawn3245 replied Oct 10, 2012
I looked at the 4h chart this morning when I first turned my computer on and saw that the PA attempted to go through the 10 EMA but was rejected. See my post from about 3 hours ago. I was away from the computer for about an hour now and noticed that ...
- shawn3245 replied Oct 10, 2012
So here is the answer as to what I/we did wrong with the trade I was stopped out of. I entered the short trade on the first green candle after the red candle went through the 10 EMA. Where I was wrong is when I entered. I should have waited until ...