DislikedSomething "fishy" is going on with J pairs today. I would stay away:
http://www.forexfactory.com/news.php?do=news&id=304050Ignored
GJ moved to BE, wow and it just hit BE
Riding the order flow
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DislikedSomething "fishy" is going on with J pairs today. I would stay away:
http://www.forexfactory.com/news.php?do=news&id=304050Ignored
DislikedSL at BE hit for XAGUSD. I am satisfied that I follow the SL trailing guidelines.Ignored
DislikedIs this pair worth trading, given its spread to volatility ratio? How much is the spread for this pair for you?Ignored
DislikedYou mean my broker Oanda? XAGUSD is 3 cents, during the US open 2 cents. I think the general volatility is not bad. The reason why I am considering it as one of my dance trades is because of what it did when Bernanke just hinted at QE2. Recently he hinted at QE3 which might mean it will get very volatile. let us also not forget the EuroZone crises. (No offense intended) It does metals well.Ignored
QuoteDislikedOriginally Posted by kostas1 http://www.forexfactory.com/images/buttons/viewpost.gif
Look at EU: the H1 10 is close to 1.4200 and M15 50, so if you see M15 rejection bars they may worth 20-30 pips upwards. But it's safer to wait for London open. If this scenario happens the piercing H1 10 bar will appear with a long bottom wick.
QuoteDislikedexhaustion bars forming and constrainment here
following MA's
M5 10/35
M15 10/50
H1 10
and all just around 1.4200
Dislikedanyone else see constrainment by H1 10 in GU?
edit: short i mean
edit2: actually the way the MAs are at the moment we can only have a constrainment UP because they need to be in order. so probably it could break up and not down.Ignored
DislikedIt did it exactly as you two predicted! Bravo!
Thanks I can see why.Ignored