Bears not sleeping yet.
Spot this bearish IB on broken S turned into R. Short it again.
Attachment
Out for 16p @ demand zone.
Thanks for posting your trades
Look for reasons not to take a trade.
Intraday price action trend trading
- #9,890
- May 15, 2012 7:56pm May 15, 2012 7:56pm
Impulsive>Corrective>Impulsive?
http://www.forexfactory.com/attachme...hmentid=962954
Managed to get out lower position with only 2p. Can't monitor this again. Call it a day. See u guys tommorow.
Too bad i can't monitor it a little longer
. Exactly arrive at demand zone below.
Hello guys. Another day to start.
I realize many of trades i post here seems not fit what Sho's teach here & the first thread. Many trades i took didn't like A+ setup, or taking CT trades aggresively. But believe me, i have confidence entering those setup after get many screen time & experiencing many failed setup. With many screen time, you will develop some kind of intuition or feeling to spot which setup will have greater chance for success and which setup will likely to fail.
I hope my post doesn't make confusion...
Just post your trades and why you took them (like you did in the past).
Many of the members here are posting there own way of priceaction. Everyone who is reading this can take what they wants for there own trading and what dont fits to them they dont have to trade.
I like to see the market form different sides.
And i think Sho is watching us. He will tell us when we are trading completly crap and try to bring us on the right path.
- #9,893
- May 16, 2012 5:08am May 16, 2012 5:08am
Hello guys. Another day to start.
I realize many of trades i post here seems not fit what Sho's teach here & the first thread. Many trades i took didn't like A+ setup, or taking CT trades aggresively. But believe me, i have confidence entering those setup after get many screen time & experiencing many failed setup. With many screen time, you will develop some kind of intuition or feeling to spot which setup will have greater chance for success and which setup will likely to fail.
I hope my post doesn't make...
No confusion to me, that's for sure
I believe price action is price action and if you show a little different entry style and it works consistently good, that's only for our benefit. That means there is always room to grow in this business. I personally enjoy reading your posts
Please continue. Alec
Look for reasons not to take a trade.
- #9,894
- May 16, 2012 5:19am May 16, 2012 5:19am
Daily Report: Dollar Surges as Risk Aversion Dominates on Greece
Risk aversion dominates global markets today as worsening Greece situation weigh on sentiments. After failing to form a coalition government following nine days of negotiations, political leaders will meet with Greek president Papoulias today again to organize another election in June, possibly on June 10 or 17, and put together a caretaker government. But would a new election solve the problems?....
But we already know that from yesterday charts
Risk aversion dominates global markets today as worsening Greece situation weigh on sentiments. After failing to form a coalition government following nine days of negotiations, political leaders will meet with Greek president Papoulias today again to organize another election in June, possibly on June 10 or 17, and put together a caretaker government. But would a new election solve the problems?....
But we already know that from yesterday charts
Look for reasons not to take a trade.
- #9,899
- Edited 12:34pm May 16, 2012 9:37am | Edited 12:34pm
- Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts
Looks like lots of stops got triggered
With FX, I've always said do the opposite to what you'd expect the majority of mr average joe to do.
EURUSD 1.2750 area is proving to be tough resistance
- #9,900
- Edited 12:59am May 17, 2012 12:41am | Edited 12:59am
- Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts
