Let's see what happen next if price break trend line and S1.
Adr, psych levels, demand & supply trading 14 replies
Standard Pivots and Fibonnaci Pivots? 9 replies
EUR/USD 5min - Trendlines and Pivots 379 replies
Important psych levels 1 reply
DislikedI think that its a guide on the ammount of effort given in sharing useful information rather than the "I did this or that" type of posts.....this may clarify...
Wisdom Vouching System
The Wisdom Vouching System (WVS) is used to estimate the trading experience of individual FF members. Members vouch for others they feel are experienced and wise traders, and the number of vouchers a member has can be determined by an icon on their posts and member profile. For example, a member with one voucher will display http://www.forexfactory.com/images/misc/1kt.gif,...Ignored
DislikedIslander congrats on your stunning % for the month, nice one.
I also got some nice trades this morning.
All hammers. First ej, reject of D M1, waited for 130.50 to clear. Out in the chop below even number.
GU bought the big hammer push up from 50 level out for +8 when no follow through. Bought the small hammer that followed out at the reject of even number, should have had the intestinal fortitude to hold out for Fri's low but a pretty good morning so we made do.Ignored
DislikedEarly NY short off Lower High at 5892, looking for retest of lows.....Ignored
My first trade was a sell off the Lower High at the 5950 level just before FO - this was also the second small shooting star on my 15m chart...I had my TP at 5913 and this was a little early as price has now tested the 5900 level.
I've now taken a long looking for a retrace towards the 5925 area and the 30 ema.....this was after a hammer on the 5 minIgnored
DislikedI took a sell at the 5925 level / falling 5m 30 ema......tight stop as just before LO, so could go either way....
Edit: a nice drop on higher volume as The Brits came on board.....looking for support around the 5875 level - also todays pivot....Ignored
DislikedI finally exited this trade for about 10 pips at 5917 after too long with cable going sideways on low volume .....I'm now waiting for The Brits....
Edit: LOL - I should have waited - my TP just got hit...Ignored