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5min Trading / EURUSD / From LO

  • #81
  • Apr 20, 2012 2:06am Apr 20, 2012 2:06am
ok that was a fuck up.


Ok... I like to look for a low or a high after LO.... but some times i miss a good reversal.

So High before LO is 13163... T1 .. (traget1) 13122... T2 ...13082.

http://www.forexfactory.com/images/m...ading_dark.gif

  • #82
  • Apr 20, 2012 2:11am Apr 20, 2012 2:11am
some might wonder how i calculate my ranges... I compare the last range short to the current rabge short... and look for it to line up with other things...

current low is 100% of the last range short... but no a traget price for me... just a pause in price or a reversal I will miss.

http://i982.photobucket.com/albums/a...2/chartfri.jpg
  • #83
  • Apr 20, 2012 2:15am Apr 20, 2012 2:15am
low is with in my 10pip allowance... but so far no macd signal long... and I dont rush a signal.... ok I do some times... working on that
  • #84
  • Apr 20, 2012 2:18am Apr 20, 2012 2:18am
http://i982.photobucket.com/albums/a...eman2/fri1.jpg
  • #85
  • Apr 20, 2012 2:21am Apr 20, 2012 2:21am
T1.. 13122 lines up with 150% of the last range short..
  • #86
  • Apr 20, 2012 2:23am Apr 20, 2012 2:23am
wops
  • #87
  • Apr 20, 2012 2:25am Apr 20, 2012 2:25am
1hr chart.... small double bottom at 13127.... previous daily open at 13116.
not much else to see on the 1hr chart at the moment
  • #88
  • Apr 20, 2012 2:29am Apr 20, 2012 2:29am
ok... looking long...
Time to wait for signal long!

low 13127... was looking for 13122... but 1hr double bottom works for me.

look at 4hr chart and we have a double bottom last 2 bars... and lastest one is higher... nice sign
  • #89
  • Apr 20, 2012 2:32am Apr 20, 2012 2:32am
assuming 13127 hold..
T1=13159 T2=13191

Watch daily open... its a bitch
  • #90
  • Apr 20, 2012 2:34am Apr 20, 2012 2:34am
possible long signal 58sec
  • #91
  • Apr 20, 2012 2:35am Apr 20, 2012 2:35am
buy @ 13145
  • #92
  • Apr 20, 2012 2:37am Apr 20, 2012 2:37am
issuie with this buy is it is straight in to taget 1... 13159... so I am watching for a reversal...

My job is to pick 5min reversals.... 4hr and 1hr long....buy at a low... nice with the trend.
  • #93
  • Apr 20, 2012 2:41am Apr 20, 2012 2:41am
rule of double tops and bottoms... genaerly... this is a small one is 200% of the "W" and in this case that would mean 70 pips long... 13197

T2 = 13191

lets see.
  • #94
  • Apr 20, 2012 2:44am Apr 20, 2012 2:44am
and 13197... works for a double top and a major one on a 4hr chart....13211

could work... I set a plan and trade my plan...nothing more nothing less.

If my plan does not work... get out... and look for another opurtunity as thier are many.
  • #95
  • Apr 20, 2012 2:49am Apr 20, 2012 2:49am
eyes watching... T1 .. 13159...
  • #96
  • Apr 20, 2012 2:50am Apr 20, 2012 2:50am
Hi... to high roller..... this dude is the man..!
  • #97
  • Apr 20, 2012 2:52am Apr 20, 2012 2:52am
price stalling at 13153..... WATCHING
  • #98
  • Apr 20, 2012 2:53am Apr 20, 2012 2:53am
yes Highroller you can post!
  • #99
  • Apr 20, 2012 2:56am Apr 20, 2012 2:56am
13135.... is about as far as I will let this retrace.... 50% of the last range short.....

T1 from high from 13153 is .....T1 13115... not leting my short get to that ... ouch
  • #100
  • Apr 20, 2012 3:07am Apr 20, 2012 3:07am
I like avaerage.... strange thing...

last 2 x 4hr highs are 13171 and 13211... average is.....13191... works for me.

T2 = 13191... dam I love it when a plan comes togather...(A Team) lol
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