Nothing worth having is easy.
- #7,082
- Oct 20, 2009 7:21am Oct 20, 2009 7:21am
- Joined Mar 2007 | Status: Trader | 1,190 Posts
Originally Posted by G_Man http://cdn.forexfactory.com/images/buttons/viewpost.gif
wow ... thats pretty good and certain ...
hate to say but i cant agree with anything that you said above ...
can i please ask what is the your range for this pair for this week?
i thought i asked that question to Sunshine.
anyway mine 8990 - 9330
what's yours?
sorry to disappoint, but i don't have a Weekly Range as such, i only trade the price action as it is represented by the candlesticks on my charts...
- #7,083
- Oct 20, 2009 7:22am Oct 20, 2009 7:22am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Hi dongsky,
Please note i may be wrong in my analysis which happens every so now and then...
i use a very simple strategy, please note...i said simple...which is not the same as easy... the simple part being the chart reading or technical analysis, the difficult part comes from actually believing in the signals and then taking the trade...[color=blue]as you...
anywayz thanks a lot for sharing your strategy.
Success consists of going from failure to failure without loss of enthusiam
- #7,084
- Oct 20, 2009 7:27am Oct 20, 2009 7:27am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
Hi Traders,
sorry to disappoint, but i don't have a Weekly Range as such, i only trade the price action as it is represented by the candlesticks on my charts...
happy trading people!
Success consists of going from failure to failure without loss of enthusiam
(major resistance)- #7,088
- Oct 20, 2009 8:04am Oct 20, 2009 8:04am
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #7,089
- Oct 20, 2009 8:06am Oct 20, 2009 8:06am
- Joined Mar 2007 | Status: Trader | 1,190 Posts
since you seem to be a nice person, just a can of worms for you, always do topdown approach before you trade....
you appear to be the nice one...
Please don't let my small number of posts fool you, or the fact that i don't have a weekly range. i have paid my school fees and i've done my time, what i'm now doing is giving back some knowledge...
and yes, i do approach the market with a top-down approach, just slightly different then yours, and since this particular trade was taken off the 15min chart and not the 1hour chart, my Stop Loss is also taken off the 15min chart, i.e. very tight.
when my trades are off the 1hour chart then naturally my Stops are wider as you mentioned, i.e. not as tight as in the 15mins.
for the record, i expect a bullish to sideways price action today.
thanks again for your concern
- #7,094
- Oct 20, 2009 8:47am Oct 20, 2009 8:47am
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #7,095
- Oct 20, 2009 8:49am Oct 20, 2009 8:49am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
good morning american session , im pipipping as Sunshine said 93 is very strong resistance at the moment but break above it could break your leg 
- #7,096
- Oct 20, 2009 8:52am Oct 20, 2009 8:52am
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #7,097
- Oct 20, 2009 8:54am Oct 20, 2009 8:54am
- | Joined Aug 2009 | Status: Trader | 1,068 Posts
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
- #7,098
- Oct 20, 2009 8:59am Oct 20, 2009 8:59am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
my first shot for the first pair of three
http://img39.imagefra.me/img/img39/2...3m_b4651f8.png
- #7,099
- Oct 20, 2009 9:06am Oct 20, 2009 9:06am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
what i can do now is wait for the longterm group (60-100moving average) set the trend direction
caution ! it base on 5 minute chart
http://img39.imagefra.me/img/img39/2...cm_0df7c6b.png
- #7,100
- Oct 20, 2009 9:09am Oct 20, 2009 9:09am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts