I still believe the Europeans won't believe their luck when their session opens, and will short this move to death and keep it in range.
Hopefully I'm right.
Hopefully I'm right.
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Dislikedim gonna miss this one and hope for a 2784/85 entry other points of interest are 2811 27 76 85 areasIgnored
Dislikedthe eur/usd is the only pair i trade. since october of last year with the exception of december and half of january we have been ranging in a very tight area. to take the swing high and swing low..that area is 1.2330 or so to 1.3300 or so...a 1000pip range which has narrowed down to pretty much just 1.2565 and 1-2625 in recent weeks with any move out of that range best interpreted as false breakouts. During this time, there wasnt much technical analysis that one could employ (no channels for me mostly or patterns) because pa was just so choppy....Ignored
DislikedChart? Reason? T/P? S/L?
If everyone would post all their entries we would soon have a 100,000 pages.
Why post it here and not explain your reasoning?Ignored
DislikedClosed my two hedged positions long at 1.2705,I will left the other two short opened some days ago at 1.2650 with T/P 1.2500,I personally don't believe P/A will go higher than 1.2750.
Good tradingIgnored
DislikedHere's the reason for the short... Frankie headfakers went easy on us tonite... nice little run up to the pivot, hang out and jitter a little bit, build that nice mini bull flag and jitter some more like it's fixin to blow or somethin... and then kablooey.. That's my take on it, and it''ll cost me 17 pips to play.
With a 30 pip drop to M2 at the Open, and then a 140 pip climb off the bottom up to R1, methinks the ole gurrl is a wee bit tuckered...
Off to bed I go, and I'll see what I wake up to... 17 pips off my earnings today, or ??? pips...Ignored
DislikedYes, i see what you mean. Easyer to trade with a direction or purpose. But it's often hard to determine by PA only. I find that a good understanding of the fundies helps when matched with the technicals. Regardless, Pips away!Ignored