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DislikedWell fellow traders, It's Monday morning and I thought I would post a bit of my outlook as it seems at the moment.
The European Leaders have made some sort of vows to protect the Eurozone with a "do whatever it takes to preserve the EUR" and the German Chancellor and the Italian PM making pledges to do what's necessary along with France weighing is to protection mode as well!
We all saw markets commodities and risk currencies rally last week and Spanish and Italian bond yields fall.
The US growth has slowed and consumer confidence fell. At...Ignored
DislikedGreat analysis! Keep up your good job, Don!
Here is a response from an Aussie Bull .....Ignored
DislikedWell fellow traders, It's Monday morning and I thought I would post a bit of my outlook as it seems at the moment.
The European Leaders have made some sort of vows to protect the Eurozone with a "do whatever it takes to preserve the EUR" and the German Chancellor and the Italian PM making pledges to do what's necessary along with France weighing is to protection mode as well!
We all saw markets commodities and risk currencies rally last week and Spanish and Italian bond yields fall.
The US growth has slowed and consumer confidence fell....Ignored
DislikedGreat post Bro! Watch Gold too, as she may be in 4hr range and you may be putting in a Red arrow the @ UTL..Lots a FA's gona shake us up this week..
GL to All!
Weekly..Ignored
DislikedThanks Chillypiper! I really value your input! Will pull up my Gold chart now!Ignored
DislikedPA found a bit of resistance on the short term trend line- 15 min TF.
Took a quick scalp long at 1.04532. For 10-15 pips
AttachmentIgnored
DislikedNice work, I'm not as quick on the trigger as you Donl
Long based on green candle in the ellipse.
Looking for re-test of 1.048xx if we get over 1.0466
cheersIgnored
DislikedPA found a bit of resistance on the short term trend line- 15 min TF.
Took a quick scalp long at 1.04532. For 10-15 pips
Attachment
Edit: Out at 1.0462! LOL at least There's todays groceriesIgnored
DislikedThe H1 LTL was broken two hours ago. Hope you are O.K. with your trade. -DB-Ignored
DislikedPA found a bit of resistance on the short term trend line- 15 min TF.
Took a quick scalp long at 1.04532. For 10-15 pips
Attachment
Edit: Out at 1.0462! LOL at least There's todays groceriesIgnored
DislikedNice work, I'm not as quick on the trigger as you Donl
Long based on green candle in the ellipse.
Looking for re-test of 1.048xx if we get over 1.0466
cheersIgnored
DislikedI've just learned that when PA finds a minor support line it will usually bounce for a quick scalp when waiting for the larger moves. For those type of trades, I'll enter with a P & C and as soon as I get a few pips past the pip spread for my broker, move the SL to BE for the chance at another free trade. Then watch action for it's continuation or a place to exit without leaving money on the table. These sort of trades can be pretty quick with very little risk if done correctly, which is why they are called scalps and I don't recommend them to anyone...Ignored
DislikedI've just learned that when PA finds a minor support line it will usually bounce for a quick scalp when waiting for the larger moves. For those type of trades, I'll enter with a P & C and as soon as I get a few pips past the pip spread for my broker, move the SL to BE for the chance at another free trade. Then watch action for it's continuation or a place to exit without leaving money on the table. These sort of trades can be pretty quick with very little risk if done correctly, which is why they are called scalps and I don't recommend them to anyone...Ignored
DislikedNice work, I'm not as quick on the trigger as you Donl
Long based on green candle in the ellipse.
Looking for re-test of 1.048xx if we get over 1.0466
cheersIgnored