PA by Julexo

wait and kick the bastard...you have to get your's moment

Yes I am still hanging with it. Watch the US Dollar Index. What should I do now?

I think you are on right side but first you have to let price run from this range...and when price come back on yours demand zones then you know what to do...

euro provide better profit margin...bastard....ok next trade

buddy just want to help you one think...you have to make your's own decision, becouse it's very hard to make same analyze on your's chart...everyone trader have own candle structure, own idea before they enter the trade....lots of people looking in the zones and they c different picture exampl.S/D zones...you have to find your own corner and vision to identificate valid zones and targets....On this business you have to be like fish...Bofore you enter trade you have to have plan ABC...If trade goes againts me...or trade get's under control...you have to be ready all time and step in and take control your self...when market starting controling you it's disaster...You have to start from bigger TF...it's much more easy to find valid zones...

I hope to you all the best...

Which Broker you are currently using for your charts?

Catch and close.

nzd offer another entry

oanda,fxcm and others

well done

pa

feckers

banked all feckers

another positive day

Was looking at an area on 30M and worked into it on 5M.
Did not have time to move one TP and it got hit, moved the other to the base.
I let it hit as London is going home and I'm done for the day.

good profit

Julexo,

Nice job! The past several hours have been most profitable for you (smile).

Happy Trades,
fxstir

I know this is a thread about pa but for what its worth:

The Euro has dropped about 800 pips in the last month and has broken through some major support levels. There are a couple of levels to be tested before the big test at 1.1875 again.

In the same time frame, the US dollar index had a low of about 78.60 and a high of 82.40 and is now running into some supply. If it breaks through this supply level, the next level to watch is 85. After that 88.

All of us know that the Euro is in trouble. What isn't talked about is that the USD is also a terribly flawed currency. Still, when there is uncertainty, the world runs to the USD. When this happens, commodities are taken to the wood shed. Think about this for a moment. It will be interesting to see how much longer this behavior will last.

Of course China has proclaimed it will not provide any bailouts. The elephant in the room is and always has been the central banks. How much longer can they keep the charade alive? When will they run out of ink and zeroes? Will they intervene at all? If so, which central bank(s) will intervene and how?

We are living in unprecedented times. During these times, news and events can cause knee jerk reactions. Liquidity is another factor (sell in May). Keep to your price action and make sure to keep your stops tight. Remember, anything can happen.

Happy Trades,
fxstir

nice post and informative fxstir

Julexo,

Thank you for your kind words. I really like this thread and will contribute when I can. I liked seeing your charts this morning. Congratulations on a profitable day. I'll check in from time to time this week.

Happy Trades,
fxstir