[quote=bbakker;5237045]...[quote]
Nice educational post! You should be trading fulltime with those skills
Nice educational post! You should be trading fulltime with those skills
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QuoteDislikedYou got in at a better price, but an Eskimo trade nonetheless
DislikedBe careful
seems to me that DX beginning a compression to the demand on H4.Ignored
DislikedIt is very difficult for me to post charts during the day while I am at work, but as everyone has now left, here is my EU scalp.
Attachment
Took a long based on the facts -
1. Nice rally from this demand level around NY open and US news release
2. Nice entry back into this demand level
3. With the immediate bullish trend
4. A new HH made on the lower timeframes and pre-empting it would make a HL at this level
5. Nice R/R ratio (SL was at 1.3058) but I have already taken 50% off and put the rest to BE with final TG in place.
Checklist...Ignored
DislikedWhen two males acknowledge having been intimate with the same female and remain on good terms, the men are now bonded by having shared the same igloo at one time or another.
http://www.urbandictionary.com/defin...kimo%20BrotherIgnored
DislikedWhen two males acknowledge having been intimate with the same female and remain on good terms, the men are now bonded by having shared the same igloo at one time or another.
http://www.urbandictionary.com/defin...kimo%20BrotherIgnored
DislikedHey Mitch,
I am locked at BE+ on 3 shorts; EU, GU and AU
tg respectively: 1.3040; 1.5640; and 1.0056 (hard TP).
Don't forget the second shoulder of the big EU head.
I am done.
Good trades to all.Ignored
DislikedGuess who snuck up and took this trade out at break even
Thanks guysIgnored
DislikedHI Bbaker,
nice chart, how do you use the MAs and the indy at the bottom.Ignored
DislikedThey are all for confluence. First and foremost, supply and demand levels based on price action. The CCI indicator is a simple overbought/oversold indicator, nothing more, nothing less. If below -100 it is oversold and if above +100 it is overbought.
MAs, like trendlines are support and resistance, but they are dynamic. Magix is an FF member that taught me all about MAs and The Doc taught me about the MA expansion/contraction. Think of it as a rubber band... the further away price moves from the MA, the more chance it has of snapping back, a...Ignored
DislikedThat is the beauty of currencies. They are generally a mean reverting market.Ignored