My trades by Dave

anyone has seen netdania.com chart? they had euro highest price of 1.3468, is it true? if it is, then euro now is on the resistance line... if broken above, it could test 1.32

Not true

I don't like net dania, power charts or any others that FXCM offers. Don't trust fxcm.

use charts from some body that has no dealing desk and that uses straight through processing

you can use NetDania charts straight from NetDania.com...they use a generic aggregate feed that is non-market maker specific if you don't want to rely on any one market maker's feed.

price dipped slightly but bounced sharply. Nailed the top trend line. Could be good for a short but keeping tight stops just above and reverse orders for break above top

Dave

Looks like we could be having an over all trend change happening. A break above 1.3171 resistance should confirm.

Dave

Fixme1too mentioned the moon in trading. Got me interested so I read up on lunar trading a little. This is what I have on it.
Very basic. Look for reversal around the new moon and full moon phases.(+/- 2 days.) Theres more to it, and I'll read up. But I have placed yellow lines for full moon and dark kacki for new moon. I'll take these points into consideration as I trade. Could be some conformation to what I think might be unfolding, at those times.

Heres a chart.

Dave
edit: its currently 2 days after a new moon. The price has been flat since 2 days prior.. So based on what I read there should be a reversal today. We'll see.
Trend lines are showing up trend. But the price could retrace, find support, and still go on to be a new up trend. I can agree with this.
So Look for possible retrace today.

last week was flat and uneventful. Highlighted in yellow circle. But price remains bullish according to trend lines, and price trender. Price trender poked below top trend line but jumped back above it, making it bullish.
*Buying on dips near top trend line.*(wich is now the bottom trend line)

On the lunar side, there was a reversal in an intraday scale 2 business days after the new moon.( black circle inside the oyellow circle).

Dave

Edit: can you guys read my chart or all the lines confusing?

I think the charts are just about perfect.....

We can always replicate the lines on our own charts if we want more detail

These are super..

Thanks for sharing your ideas and work.

dave

Here is the current lunar cycle chart. We have a full moon this weekend. Based on this chart we should see the euro$ swing up the first part of next week.

Dave

Here is the chart on the over all trend. Price has broke out of a big wedge and pulled back and found support on the old top trend line. Now the trend has turned to the bulls. We could see a retest of the 1.3300 range.

Dave