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My trades by Dave

  • #1,221
  • May 31, 2006 12:24am May 31, 2006 12:24am
Quoting xxDavidxSxx
middle bolli ahead at 1.2868 might pause or pull back slightly.Top of 1 hr bolli is at 1.2880 next resistance point. 1.2900 top of 4 hr bolli.

Dave
pt: 1.2872

price move didn't seem strong.

+9 pips
  • #1,222
  • May 31, 2006 12:37am May 31, 2006 12:37am
on the last chart...I think the wave labled 1 could be wave 3 and ab is 4/5. Now we're in an a,b,c and price could dip more on a wave C befor continuing up.

Dave
  • #1,223
  • May 31, 2006 8:32am May 31, 2006 8:32am
The euro$ is ranged between 1.2880 and 1.2850 right now.

I got a cliff hanger working itself outon the 2 and 4 hr charts. Awaiting an entry signal the range will probly hold for another 4-8 hrs as the 4 ma and 8 ma still have to come together on the 4 hr chart.

Sell rallies at or near 1.2875/80


testing 1.2850 resistance.



Dave
  • #1,224
  • May 31, 2006 8:40am May 31, 2006 8:40am
Quoting xxDavidxSxx
on the last chart...I think the wave labled 1 could be wave 3 and ab is 4/5. Now we're in an a,b,c and price could dip more on a wave C befor continuing up.

Dave

The price did indeed dip back to the 1.2840 area befor continuing up to retest the highs in the 1.2900 area.

But The wave strusture collapsed and fell back. The price has to work out its correction on the weekly scale so a range of 1.2700/1.2950 will remain in tact for days to come.

Buy dips and sell rallies. We must assume the range will hold untill the price shows us something different.

This is where all the break out traders lose there winnings they got from the trend, thus keeping the statistics in tact (85% fail). 10% make "some" money. And only 5% get rich.

Manage your trades .....don't let your trades manage you.

Dave
  • #1,225
  • May 31, 2006 11:02am May 31, 2006 11:02am
Here is the 1, 5 min charts on price movement today.

Hi volitility forces me to sit it out. Cann't get my exact entrys.

I might try to find an entry at the top trend line because price is targeting 1.2800 wich is bottom 4 hr bolli. I didn't get my entry signal when it decided to break below the 4 hr middle bolli. It just took off.


http://img402.imageshack.us/img402/3...lity3my.th.jpg

Looking for entry at 1.2840/45 range

Dave
  • #1,226
  • May 31, 2006 11:15am May 31, 2006 11:15am
Quoting xxDavidxSxx
Here is the 1, 5 min charts on price movement today.

Hi volitility forces me to sit it out. Cann't get my exact entrys.

I might try to find an entry at the top trend line because price is targeting 1.2800 wich is bottom 4 hr bolli. I didn't get my entry signal when it decided to break below the 4 hr middle bolli. It just took off.


http://img402.imageshack.us/img402/3...lity3my.th.jpg

Looking for entry at 1.2840/45 range

Dave

or a long at 1.2807/10 because thats the 8 ema on daily and middle bolli daily and 4 ema daily. All these are giving a buy signal on the daily chart. Just needs to retest support there first.

Dave

and 1.2800 is middle bolli and 50% retrace on 4 hr chart
  • #1,227
  • May 31, 2006 11:20am May 31, 2006 11:20am
short 1.2840

s/l 1.2855


target 1.2815/10 range

Dave
  • #1,228
  • May 31, 2006 11:22am May 31, 2006 11:22am
Quoting xxDavidxSxx
short 1.2840

s/l 1.2855


target 1.2815/10 range

Dave
this isn't exact entry I am gonna let it ride into neg. numbers if nessasary. Due to volitity. And If I give a little back o'well.
  • #1,229
  • May 31, 2006 12:03pm May 31, 2006 12:03pm
turned out I suprise myself. Was exact entry and never hent against me.


1.2831/34....moving s/l to 1.2845


Dave
  • #1,230
  • May 31, 2006 12:24pm May 31, 2006 12:24pm
Quoting xxDavidxSxx
turned out I suprise myself. Was exact entry and never hent against me.


1.2831/34....moving s/l to 1.2845


Dave
pulled trade 1.2833

+7

not enough momentom there I don't think

Dave
  • #1,231
  • May 31, 2006 3:04pm May 31, 2006 3:04pm
Quoting xxDavidxSxx
or a long at 1.2807/10 because thats the 8 ema on daily and middle bolli daily and 4 ema daily. All these are giving a buy signal on the daily chart. Just needs to retest support there first.

Dave

and 1.2800 is middle bolli and 50% retrace on 4 hr chart
missed my entry price dipped to 1.2807. Awaiting a retest or entry signal

Dave
  • #1,232
  • May 31, 2006 4:35pm May 31, 2006 4:35pm
Heres chart on entry.

yellow is 55 ema

black is 120.

when price finds support on the 55 I enter. Exit when price closes under 8 ema

Dave


http://img185.imageshack.us/img185/9...51209xq.th.jpg
  • #1,233
  • May 31, 2006 5:18pm May 31, 2006 5:18pm
long 1.2814

s/l 1.2795

target

Dave
  • #1,234
  • May 31, 2006 5:40pm May 31, 2006 5:40pm
Quoting xxDavidxSxx
long 1.2814

s/l 1.2795

target

Dave
target open..
  • #1,235
  • May 31, 2006 7:33pm May 31, 2006 7:33pm
Quoting xxDavidxSxx
long 1.2814

s/l 1.2795

target

Dave
s/l hit - 19


serves me right for not pulling out like I usually do if it don't move directly into profits. Figured support would hold

Dave
  • #1,236
  • May 31, 2006 10:32pm May 31, 2006 10:32pm
well the only thing to do for me is wait untill the price finds support.


this could still be a wave 2 correction they can correct to 100% sometimes but could stop any where befor or blow right past.


Let the market show me

Dave

bottom bolli on 4 hr is at the 100% retrace range at 1.2700
  • #1,237
  • Jun 1, 2006 12:35am Jun 1, 2006 12:35am
short 1.2773

s/l 1.2785

target open

dave
  • #1,238
  • Jun 1, 2006 8:27am Jun 1, 2006 8:27am
Quoting xxDavidxSxx
short 1.2773

s/l 1.2785

target open

dave
sl hit befor continuing down

-12 pips



waiting to see if it gets closer to 1.2700 befor entering a long
  • #1,239
  • Jun 1, 2006 9:15am Jun 1, 2006 9:15am
short 1.2770

s/l 1.2785

target open

Dave
  • #1,240
  • Jun 1, 2006 9:32am Jun 1, 2006 9:32am
exit 1.2770

price came back on me..

Dave
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