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  • #361
  • Jun 5, 2008 4:42pm Jun 5, 2008 4:42pm
Quoting tennisguy
Hello DRT,

Your prediction is coming true for the euro with a target of 1.65. It came with the help of Trichet and the prospect of a rate hike next month. Did you read in your charts that a rate hike is coming (LOL).

TG
We have a lot of wood to chop yet. But I am hoping. We will go with the flow either way.
  • #362
  • Edited Jun 6, 2008 3:03am Jun 5, 2008 4:56pm | Edited Jun 6, 2008 3:03am
http://www.askdrt.org/storage/ask-dr...206.5.2008.jpg

http://www.askdrt.org/storage/ask-dr...206.6.2008.jpg
  • #363
  • Jun 5, 2008 5:20pm Jun 5, 2008 5:20pm
Hello DRT,

Is there an updated UJ chart. The price went over 106 today. Maybe you posted yesterday's chart?

txs,

TG
  • #364
  • Jun 6, 2008 3:02am Jun 6, 2008 3:02am
Quoting tennisguy
Hello DRT,

Is there an updated UJ chart. The price went over 106 today. Maybe you posted yesterday's chart?

txs,

TG

I am really having a mental block on the U/J lately. Here it is. TY.

http://www.askdrt.org/storage/ask-dr...206.6.2008.jpg
  • #365
  • Jun 6, 2008 7:05am Jun 6, 2008 7:05am
Quoting DownRiverTrader
I am really having a mental block on the U/J lately. Here it is. TY.

http://www.askdrt.org/storage/ask-dr...206.6.2008.jpg
DRT,

What is your bias direction for UJ today?
Up or down?

Trrader8686
  • #366
  • Jun 6, 2008 7:15am Jun 6, 2008 7:15am
It's a tough call, I say short but with the NFP who knows really. Just go with the flow....

Here is my analysis from the price distribution column. It may help you.

http://www.forexfactory.com/news.php...27#post2039966
  • #367
  • Jun 6, 2008 8:10am Jun 6, 2008 8:10am
Quoting DownRiverTrader
For the remainder of today's session I would target....

166.18

If it does pullback look for 164.28 level to hold.
hi DRT, it has reached 166.18 . so what do you think is the best thing to do now?

thanks
  • #368
  • Jun 6, 2008 8:20am Jun 6, 2008 8:20am
i'm waiting for the dow to open and see what happens. it is holding at 106 to 105.90, but it all depends on the dow. any comments drt???
  • #369
  • Jun 6, 2008 9:33am Jun 6, 2008 9:33am
Quoting ah_nen
hi DRT, it has reached 166.18 . so what do you think is the best thing to do now?

thanks
You should exit, take your profits and go play tennis. We are done for the day.
  • #370
  • Jun 6, 2008 9:36am Jun 6, 2008 9:36am
I will continue to post the positioning levels here, but I encourage you to follow along with the Price Distribution Analysis as I suspect it may suit you better. The entires and targets are usually fairly large and lend themselves to position trading as well as this method does. I know it is confusing, but they are inter-related.

If you like the PDA, click the poll so I know if it is helping.

Sorry to jump around so much, but I am trying to settle on a good way to help. It is easier on me to just do one thing.
  • #371
  • Jun 6, 2008 3:12pm Jun 6, 2008 3:12pm
Quoting DownRiverTrader
I will continue to post the positioning levels here, but I encourage you to follow along with the Price Distribution Analysis as I suspect it may suit you better. The entires and targets are usually fairly large and lend themselves to position trading as well as this method does. I know it is confusing, but they are inter-related.

If you like the PDA, click the poll so I know if it is helping.

Sorry to jump around so much, but I am trying to settle on a good way to help. It is easier on me to just do one thing.
drt,
Think of it this way, prepare what you enjoy and offer what you like.
May you live to enjoy what you do and not tire out.
For us we like whats served and we will be at the table for dinner.
Thanks for your work this week may we all take time to digest it.
Have a good weekend.
  • #372
  • Edited 8:24pm Jun 6, 2008 6:39pm | Edited 8:24pm
DRT,

is it possible when you post the price distribution for the majors, to include the USD/CHF. I do trade it and it is good to have it. If it doesn't take much from your time.

TXS,

TG
  • #373
  • Jun 7, 2008 9:12am Jun 7, 2008 9:12am
DRT or anyone that can point me in the right direction; when price starts working the positioning level what determins whether you go long or short and also how do you determine the target levels I have poured over these threads and I'm not to clear on this. Many thanks for your reply.....
  • #374
  • Jun 8, 2008 12:26am Jun 8, 2008 12:26am
Quoting amaruenterprise
DRT or anyone that can point me in the right direction; when price starts working the positioning level what determins whether you go long or short and also how do you determine the target levels I have poured over these threads and I'm not to clear on this. Many thanks for your reply.....
You can start by reading trade the curve also take note of post 121.
  • #375
  • Jun 8, 2008 4:10am Jun 8, 2008 4:10am
Thank you....

Quoting lilpip
You can start by reading trade the curve also take note of post 121.
  • #376
  • Jun 8, 2008 6:41am Jun 8, 2008 6:41am
Hello DRT,

I took the step this weekend and subscribed to the Tradestation charts. I wanted to see how you trade short term with the matrix.

DO you think it is possible for you to explain how you trade the matrix short term and how you trade the curve in it. If you feel you don't want to share how you trade it then I understand.

To me trading the Matrix short term during the NY session suits my trading style and this is why I am trying to understand.

Txs for all the help you are giving in this thread.

Much appreciated,

TG
  • #377
  • Jun 10, 2008 2:37am Jun 10, 2008 2:37am
Hello DRT,

I hope all is okay with you. We haven't seen you here yesterday.

TG
  • #378
  • Jun 10, 2008 1:16pm Jun 10, 2008 1:16pm
Does anyone here know where I can get a free demo account for the TradeStation platform? I need to run DRT's attachment: ELD file.
Thanks.
  • #379
  • Jun 10, 2008 3:11pm Jun 10, 2008 3:11pm
Trader 8686,

there is no demo for tradestation. you need to subscribe to their charts, which cost $ 250 a month.

TG
  • #380
  • Jun 10, 2008 4:05pm Jun 10, 2008 4:05pm
Hello everyone. I had some obligations the last couple days. I will get my analysis together soon and get it posted. One thing to point out, if you have a brokerage account with TS and make 10 round turns a month (or something like that) the platform fee is waived. Just have to subscribe to data. Forex data is free at this time. I think I only pay $4 and change for a round turn currency future trade. Very economical.
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