Olu,
Here are the charts we spoke about.
good hunting,
golferfx
Here are the charts we spoke about.
good hunting,
golferfx
Trading For Those Who Have A Day Job 28 replies
Trading For Those Who Have A Day Job 0 replies
DislikedI have uploaded the daily chart of the eurjpy.
we have a 123 breakdown today @111.40
stochastic entrenched downwards
price below the 100sma
123 target is 108.80
the conditions for a sell in my system has been met. However I am looking for a retracement for entryIgnored
DislikedI'm waiting it to close below the monthly [email protected] and I have my short(110.98) 5 pips below yesterday's low 111.03.Ignored
DislikedI have uploaded a chart of the daily and weekly Dollar Index which is indicative of the strength of the US$. On the daily we see the stochastics has turned up. We see recent candle patterns that describe reversal. There is an attempt to try for 79.00 area. Om the weekly chart we see a well formed hammer. This came after another hammer. This describes a basing intention and if the high of the hammer(or doji? or a combination which I am calling a 'dojimar' ) is taken out we could rally hard. The last real hammer led to a 300pip rally. This equates...Ignored
DislikedGreat charts GolferFx..
How long have you been trading the 123 strategy..and do you only TRADE with the TREND only..
Just curious.. how you work out your Profit Targets ??..
thanks and take care
bazIgnored
DislikedDeepleo Hope your sell wasn't triggered.
Had a look just before leaving work. This market is testing the nerves...A strong upmove without any apparent reason IMHO.
I was nailed by an audusd trade yesterday and today this is misbehaving...
More analysis later...Ignored