Amyc Trade Journal

if by chance, there is a 50 pip spike up from current levels it may be worth a play, if there is time to jump on board for shorts.

Im going to investigate the monthly levels a little more too for trading and bias. Just one trade this week off the monthly mid was enough for a good trading week. I was at a high school doing a few days teaching, I missed the chance. But I can plan for next time. I need to take into context that this level had the bonus of a quarterly open week too.

Have to go throu 4 strong resistance lines.. much the same set up it failed from last night..

for EU to go up any from here ?

I like when PA does this.

http://my.jetscreenshot.com/11681/m_...68ob-123kb.jpg

shorted 1.2398 with 5 pip stop loss. All those levels you posted Dan gave me some encouragement to try this one and this pattern on the chart I posted here is normally banks buying or selling before a move takes place.

Ian if these lines were below not above .. i would be long.. as a matter of fact i was long at 90.. but bailed minus 2.... for me to be long it would have to go throu 2400 and then give rite price action to entice me..

thanks for the chart Dan. I was thinking of that long yesterday, but PA really bolted in the opposite direction, giving me a lot of respect for how PA can potentially behave on a quarterly open week. PA can continue on a wave until its journey is complete.

We could maybe join up on skype sometimes before a trade to team up to make a good decision. my ID is ianlikesgolf. do you have skype installed on your computer Dan ?

No i dont Ian .. i will look in to it..I am an old bloke and get a bit confused with 2 much tech stuff..
I think i will take a short possie... here is a chart of the EURX index u put me on to.. note pink lines..week .618..9910..3 week...618% 9902..5 week 9890..mth same.. 1/4..38%9900

thanks Dan

Im checking my charts more carefully and the USDX.

skype is a program you can get onto your computer and talk for free, basically an internet telephone.

http://www.skype.com/intl/en-us/get-skype/

click on skype for windows. then after that click on download skype.

Here is another EUUD 5 period 4 hr.. 2397ppx

If EU does continue down from here,
I have the monthly lows 50% at 1.2335 and 61 % at 1.2284

http://my.jetscreenshot.com/11681/m_...e2mb-112kb.jpg

Apart from the levels you posted Dan, I decided to try this short at the 61% weekly low at 1.2400.

http://my.jetscreenshot.com/11681/m_...cjhu-104kb.jpg

USDX is right on its weekly highs. it either breaks back into its weekly range or finds support and continues up.

http://my.jetscreenshot.com/11681/m_...-u8f8-93kb.jpg



USDX is above its monthly mid at 82.13 and the 50% monthly high is up at 83.34.

http://my.jetscreenshot.com/11681/m_...-j4g4-99kb.jpg

EURX has busted through its weekly lows 61% at 99.10 and now is at its monthly lows. at 50 % at 99.89 and 61% at 99.64.

http://my.jetscreenshot.com/11681/m_...hy9s-106kb.jpg

Im out +21 pips until the news or a spike up to 1.2400 and above. Im interested in another short if I can get a safe entry.

Out for 64 Ian.. off to bed..

I will check it Ian..

hi Dan

when we are both on line next I can help out or even call you if necessary on the phone to set it up.

after you click down load skype. a screen comes up and you create an ID, name , email address, etc. then you download skype and install it. after skype is installed its simple to set up, but you may need an external microphone to talk into. some computer have a microphone. I had to get an external one from the electronics store for around $6 - $8. It is easy to plug into the computer. there is only one or two places it can fit in. see how you go. If you have windows 7 on your computer it will automatically help you to make your microphone work correctly.This is where I may need to help you out, with setting up your microphone in skype. it is quite simple and straight forward to do.

EURX..4 hr

USDX multi pivots at this hi also Quad also price ssquares evenly 144.. at previous hi..

Cable 4 hr.. am long this at 15527..key area.. it must break throu is orange area..which is mthly weekly and 5 week pivot area.. How ever i have my key pivot area at 15505.. and believe this is in assention because of.. mthly..weekly and day charts..lets see how i go..

The euro is at or very close to a bottom that should last a few weeks. I have closed half my position so far today, the other half i am going to hold and see if it can hit the 2170 area to take profit.

Thankyou Amy

http://my.jetscreenshot.com/11681/m_...qp3h-147kb.jpg

the 50 % weekly low is at 1.2173. current 3 x weekly 50% low at 1.2162. the current 5 x daily 50 % low is at 1.2184.
the 3rd quarter 50% low at 1.2229. It looks like PA has went through by 2 pips on Friday last week.

I may try a short soon from 1.2284 area, if EU can return there.
1.2284 is the 61 % monthly low.
.................................................
shorted at 1.2280
.......................................................

USDX weekly 50% highs at 83.73, 3 x weekly 50 % highs at 83.78, monthly 61% highs at 83.61. current 5 x daily highs at 83.66 + 83.82.
3 x quarterly 50% high at 83.78.

Way i see it Ian.. is break above 83.60.. this will be hard up.. currently just at his of pivots that have held it in check all week..

And this EUUD.. is trading below all the pivots that have held it in place all week.. so i reckon hard dow.NNNN

hi Dan

I think EU may have put a bottom in at 1.2212. I was up briefly last night to see PA trading there. It looked like it was the low being put in as there was some very forceful PA activity.

the 3rd quarter 50% at 1.2229 looks to be supporting price, only a break below
1.2212 would have me think again. I think longs are ok now from as close to 1.2212 - 1.2229 as possible.

USDX reached its monthly 61% highs too at 83.61. PA got to within 1 pip at 83.60 when EU reached 1.2212. unless USDX takes out 83.61, I think as Amy wrote on July 11th, may now have happened.

Im looking at AU too.