- #20,861
- Oct 28, 2011 2:38am Oct 28, 2011 2:38am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,863
- Oct 28, 2011 2:55am Oct 28, 2011 2:55am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
bought it for scalp @ 1.60930
tg 1.61090
done, out most and locked
refer to EG H4 chart with sell in zone .......... this zone is very tidy, clean price structure on left indicating a supply zone. This zone "IF RESPECTED" is a LEADING INDICATOR. Think about it ........ for EG to drop from here either EU must be bearish and or cable and EU are OFF sync a bit, meaning cable will be MORE bullish than EU for EG to drop from this level. These types of situations help guide you into the market sync .. in this case its the relationship between EU and cable for intraday trading decisions
.... there goes cable using EG zone as an indicator
- #20,869
- Oct 28, 2011 3:26am Oct 28, 2011 3:26am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Attachment
Attachment
done, out most and locked
refer to EG H4 chart with sell in zone .......... this zone is very tidy, clean price structure on left indicating a supply zone. This zone "IF RESPECTED" is a LEADING INDICATOR. Think about it ........ for EG to drop from here either EU must be bearish and or cable and EU are OFF sync a bit, meaning cable will be MORE bullish than EU for EG to drop from this level. These types of situations help guide you into the market sync .. in this case its the relationship...
see what l mean, cable more bullish than eu .........
EG SUPPLY ZONE ALREADY TOLD YOU THIS WAS GOING TO HAPPEN AWAY AHEAD OF ANY NEWS, FUNDIE STUFF AND/OR ANYTHING FOREX PRO'S ARE SAYING ETC ........
there it is
- #20,871
- Oct 28, 2011 3:35am Oct 28, 2011 3:35am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
will leave a small running, and maybe hunt my own breakeven
- #20,873
- Oct 28, 2011 3:49am Oct 28, 2011 3:49am
- | Joined Mar 2008 | Status: shoe shine boy | 1,146 Posts
It seems like you ignored daily/weekly level which is a nobrainer imo:
- #20,876
- Oct 28, 2011 4:10am Oct 28, 2011 4:10am
- | Joined Mar 2008 | Status: shoe shine boy | 1,146 Posts
As it spiked straight through it on the way up, I'd be cautious using it as support. It could still be acting as resistance, I'd prefer to see a decent reaction as resistance before using it as support - in my worthless opinion.
With such strong rally like yesterday i would never sell right into well defined daily level but thats just me
- #20,878
- Oct 28, 2011 4:25am Oct 28, 2011 4:25am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,880
- Oct 28, 2011 4:29am Oct 28, 2011 4:29am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
sold eu @ 1.41698 for maybe 10 - 13 points
done .... out most and locked