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- oakmac replied Jul 24, 2008
BRV -- Thank you for this analysis of the Euro. I have been patiently watching, looking for a good point to go long. I considered 1.5800, but stayed away due to the market madness the day it pushed through that level. I have seen people mention ...
- oakmac replied Jul 17, 2008
Looks like this one didn't work out too well Looks like the next EUR/JPY level to watch may be 168.12. If price turns around go long from there? Also, short USD/JPY at 106.80. Edit: Clearly this trade was not a winner. I guess I should wait for ...
- oakmac replied Jul 17, 2008
Thanks BRV Hearing you confirm what I'm seeing now is a huge plus to my trading psychology and confidence. One week ago I would have felt this burning need to "be in the trade" and "see the direction." It's like in poker, you can't force hands ...
- oakmac replied Jul 17, 2008
Oh man! I just looked closer at the chart you posted. I cannot believe I missed that obvious resistance at 1.5866. I need to pay more attention to my charts. Edit: Now that I see the level you were referring to, I'm going to try and answer my own ...
- oakmac replied Jul 17, 2008
BRV -- I was watching this and thought to myself "this looks like a reversal back to 1.5800", but I decided not to trade because my profitable long @ 15800 trade had just got stopped out for around 35 pip profit (thank you ) and I'm trying to ...
- oakmac replied Jul 14, 2008
I completely agree with you; I'm waiting for that level as well. Of course, I'm also considering the opposite bounce where I'm then looking for the price to push up to 1.5960ish.
- oakmac replied Jul 11, 2008
I cannot tell you how much this makes sense to me now. I've had some terrible problems getting whipsawed on false breakouts in the past. Thanks for your insight! Now waiting to see what happens when it touches 1.5800 again. If it is support I'll go ...
- oakmac replied Jul 11, 2008
Thanks for that new image BRV; it makes 1.0392 much clearer. I think I'm starting to get the hang of this. Just made a short-term long on the EUR/USD when it broke the 1.5800 resistance for a few pips. What do you think of my analysis of the support ...
- oakmac replied Jul 11, 2008
BRV -- Long-time reader, first-time poster Thanks for answering this question from Visual One. I had the same question; I didn't see how 1.0392 was resistance. Along these lines, would you say that 1.0130-1.0110 would be support on the southside ...
- Posts by Member Search: 'oakmac'