N2FX - 1/5/15 Minute Pattern Trades

No that last long was on EU, good job you took your profits look at that drop in EU..

I see the 3297 keeps getting attention, the lower area today at 3276 is next, I missed the short earlier when it rose fast and just dropped hard.

I would like to see something out of this range for the entry.

I have decided to stay out here.

With the move up from news, that move back to 97 line is the area where the supply started.

I wanted to short, but I am not sure where it is going to go, I know I am going to go for a walk and let this go.

I feel good with my money already in the bank, and I have no losers for the week, so that is my goal, less trades and small losers.

Interesting 3318 was a resistance, and now were at that level again. I am seriously confused, and with the FED giving information, I think the market is also. lol

Lol.. Enjoy the fresh air cableguy, Hope to catch up tomorrow..

I am going to stick around the thread, still waiting for Jody to give me a call back, I am going to give him a hard time and tell him he owes me 100.00 a day to maintain his thread.

Will be around later.

Bye guys.

Back to the low at 1.3200, just walked in and thought, man I am glad I was out.

I am looking for longs here now though, major low area.

Will take it on a reversal pattern setup on 5 or 15 minute time frame.

Any thoughts on this level?

Price stopped at 1.3210 before it moved up, and has come back to that level.

I am watching the 10 area for break up, it may still go deep as 1.3175/80, so I am waiting.

Once I enter Long, I will be expecting a move up to 1.3220/27 area.

Cable cant see it breaking that 00 level this late in the day.. all sepends how low stock go with this goldman hearing going on..

I only have an hourly on the gu, looks trapped under, but I would expect a move back to that 00 for today, you in a trade?

I am in a long EU on the 5202 second tap.

Closed out +8 on 1 entry, 2nd entry still remains for what I expect to the 3220/27 area, if price comes back to 02 I will exit break even, or I might add in the another entry, depends on the chart.

exit 2nd entry +12 pips.

Now will wait for move back to the 10 line for additional entry, was a nice bottom setup on that move back to 00 test for the longs.

No surprise on that move, I took one long at 3180 for 8 pips, will be going long again on a bottom area, watching 5m chart.

1.3200/02 was the low previously on EU, supply pushed the shorts to 3177 level, and price is under the 3193 at this moment.

I am watching how it moves in the range of 77 to 93.

Higher lows is the key for a longer term long.

Price has moved down fairly sharp today, another move deeper could still be in, and that would be down to 3130.

I will be very aggressive on a long and exit near 3200/10 area if I get a long setup.

I can get use to these moves, I longed at 65, the very bottom. I have an area at 64, so the 5 min gave a hit and off it went. I am out on that long with 2 entries, for 13 pips.

I am once again going to look for higher lows of each drop, eventually it will catch a snag here, or go to the 3130 level for major longs.

I expect the 3198 to 3202 level to be hit still, that is the supply release, those longs were getting hit hard on this drop, and cannot wait to exit at those stop levels.

This may form the higher low 5m.

Price is now going horizontal, the last high was 3183, this is the hurdle to jump on the move back to 00 supply.

I took a long at 3171 touch in expectation of the move up.

I am aggressive here, with 200 pips already on a down move, pressure is going to snap back to a safe zone, I am looking for that area above 3200.

GREAT calls cable.... I think we may get some profit taking durning asia.. may push up a little durning that time..

I exited this long with 10 pips.

Now to see if we get a higher low then the previous 71, still not sure if were going for a move up higher, if it does, so be it, I am in good profits for this weeks and today especially.

I would be extremely excited on the hourly bar closing green, 3 red down, should be time for a good move up.

That may happen, not sure about Asia.

I had my eyes on 3130 area.

Price spiked down and hit the 3143, I have a long entry at 3148, some where I am thinking we may still hit that 3190 area, just cannot be sure if it is time, such a big move down should stir up some long moves.

News for Euro zone is awful, so I am only taking small targets at this time.