EURUSD

For me they are as they make some great calls....and tell you before hand what price will do and then does....Gatorinla has awesome fundamental knowledge and technical levels to watch...psiholog has both as well...vinesh2 is great to read as well...Cobra is someone to watch to when he posts something....there are a few others but I watch these guys mainly.

morning all!! hope all those who traded asia had some nice pips!!

Good luck for today. MT

Hi $s.

Is it possible for EurUsd.
in my last post , The Possibility of retracment range of eurusd was predicate.
http://www.forexfactory.com/showpost...stcount=114600

be Happy.

Bought at 1.3935, SL 7 pips. Bought a little too early.

Ohhh that sounds like a sweet combo of experience to learn off! I tell ya its nice to see people throw in the mercy card for the young bucks of trading.

yeah yeah i am back...GM all..thought to share this with you.


Student’s Question:

I’ve made trades where you enter a position when it looks like the MACD is going to intersect but it doesn't and it goes even further in the direction in which it was going, ultimately hurting my account pretty bad, any suggestions?

Power Course Instructor’s Response:

Sure…

First and foremost we only want to take trades in the direction of the trend on the Daily chart...that is the first filter. Don't let the MACD (or any other indicator for that matter) decide the direction of the trade...let the trend do that. Then use the MACD to fine tune the entry in that direction.

Also, it is advisable not to take a trade when it looks like something might happen...wait until it does happen.

A good axiom to trade by is..."nothing happens until happens".

source-fx street

Dang was 1.3932 a previous s/r had a line there but cant remember why, bounced right off that sucker.

Keep the above in mind.

Notch...on the market profile...you said it would hit 3932 then 3862.....it hit 3932 and bounce up a little then went to 3927 and bac up....are you saying once the 3932 has been breeched it should go to 3862 first rather then up to test 4022? Thanks

looks like we could be in for another $ strength day (stating obvious lol)

initial thoughts are to sell any pullback (if entry criteria is met)....keeping an eye on the Volty Notch!! lol had another look at it again last night (offline) and i've decided to make it a permenant addition to my toolbox....think that will be the last though.

cheers!!
MT

I better learn to read huh, Thats pretty good im curious on where you got that number it was on one of my smaller tf charts and cant remember why?

My SL brought in to 1.3932. It went a little too far for comfort.

Initil TP reached 1.3951.

Yes, while 1.3983 remains intact that how I see PA playing out. But only while 3983 is intact.



M8, you're welcome!

Cheers. I'm being lazy so I'm riding your train until my limit order is hit!

http://www.cbot.com/cbot/pub/page/0,3181,1168,00.html

Need to get back above 1.3967 or this move down could put us on a new course southbound to round numbers.

Looking around across the pairs I see most of these flags broke the way you'd expect.

I read on FF a day or so ago that the flag breakout was predictable 73% of the time. I'm no expert, but it might even be 74%...

repost

4141 4072 4043 4013 3982.7 3945 3885

4134 4063 4017 3980 3944 3899 3827 these may work tonight.


3888 was hit i think or real close.. one platform i have shows 89 if we breach this and hold go down the list. 3837.. we bounced back to 3941 missed my 3943 number oh well shoot me..as said earlier i could get closer but not wasting the time just yet..original post has charts #114397

repost below.. chts at #114397

yeah i turned down the bs.. but it did pass my 68.2 (4108) mark but i was more concerned with where it closed.. my chart is based on a bigger time frame then most.. my top was 4099 on my big chart so i allow a bit of a cross. long wicks are part of it. my targets are the green lines but have a bias toward the lower one... and yes im still short. the smaller chart is based between green lines.. all my info is a little dated (pryer to nov. 2000/excluding candles) i dont change the rest..except to add moving (the move) pivots.. green lines are not exact ill have to do that with a caculator..but close enough to trade off. they are shorter term like weeks or a month.. there are other numbers.. but we are back in the same zone..center of this zone is 3888

shorter term numbers that are valid until broken are areas 4130 4100 4066 4044 4019 3990 3945

other groups 4354 4143 4013 3910 3804 3674 3465
4099 3938 3938 3888 3837 3775 3676

give or take a dozen on all the longer term numbers..

Attention Chart 4 today !

could be trying to put the lower high in on the 5mins....right on down TL....tight stops.