That's Obama out the way no market moving comments there
rat
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Re: EurUsd short term 15 replies
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Dislikedthe price moves let's say down like this morning.. little by little up down and then more down.. this is normal.. eye the support because that's where it's going.. What I'm always looking for is an acceleration of the move into support. The faster the better.. And then it stops dead. That's what I want.. Then that pips should be retested at least once.. Then you take your chances.. If you want a little more safety you can wait for some reversal candles on m1 or m5.. That's pretty much it.Ignored
DislikedI think the moment of truth support .38 fib level . If euro cant break todays high 1.293 and 1.288 could be retested. If we break up easy 1.31Ignored
DislikedAcceleration of the move compared with what was immediately before and a dead stop like it hit a wall is key to this technique. Why does it work? I don't know.. I'm not that smart..
edit: The twist however is you don't take this set up if it consolidated right above support because then the fast move might be part of cracking it and it'll continue.. The acceleration has to happen starting at a fair distance.. That's another thing I'm looking at when it comes to break outs.. It has to consolidate right near the point it wants to break.. It may...Ignored
Dislikedhi luis how are you nice to see you in eur thread and im watching the level it will close but mainly how may be down to 1.298 then up the way it will go up from there will give us the clueIgnored
Dislikedsome reason i feel he going to bullish today closed all trade and waiting to hit sell button if any hash statementIgnored
DislikedThanks again Attila, very useful. Will try a few demo entries in the coming days.Ignored
Dislikedmaybe not the same but similar thing just happened at 95. i was waiting for price to hit it for more than an hour. when price moved so fast to 95 it was just confirmation for me to enter. sl just 2 pipsIgnored
DislikedI was looking at 94. It stopped at 95.5. Lets' see if that means anything..Ignored
Dislikedmaybe not the same but similar thing just happened at 95. i was waiting for price to hit it for more than an hour. when price moved so fast to 95 it was just confirmation for me to enter. sl just 2 pipsIgnored
Dislikedgood catch. now let's see if it succeeds or not..
nice part about it, you know exactly where to get out.. at 93-94..Ignored