EURUSD

119.00...finally a decent move. +48 (not +550, sry), calling a day because I've slacked off at work enough checking charts

ej not there yet, but on the edge to committing to 117.03.. if it commits a s after a bounce is safer. 121.30/31 is the yr1.. we stopped there at 121.34 last H bounce since new low. .

What do u think about this guys?

shorting almost from the days high, added trailing stop for 200pips, I dear EJ to come back

Not sure how but just got -70 pips on 7 short ej scalps, all my hard work today down the toilet

if it goes down, small up, and down again new low...then take new down trend, i think hehe

duuuude how did you manage to do that??? it was going down 100 pips...

I still dont know !

120.50 might be in sight since it bounce back after making a new low and further more it its the fib channel forming a descending triangle. Hope I am right. Longing currently

Setting a daily profit target and sticking to it is something I would personally advise, especially if scalping (unless your really good at it).

don't go to casino 2nite i guess. my regrets.

Not only you...lost close to 40pips on stupid eurusd ranging

If i had traded ej...would have made lots now

Kbmoonshinex could you please answer few of my questions regarding the way you trade i would really be glad to get some pointers. Since i noticed you are using Ichimoku for main trading system as i am learning it too could you please answer few questions so that i can get idea of trading principle.

1.From which time frame signals do you enter on trade with Ichimoku? I have read that most people is using m5 as signal leader and the rest time frames mostly only as trend picture. Do you also use m1 for signals or other tfs?
Do you enter against other time frames if there is good signal on lower tfs? For example lets say m15,m30 and h1 all bearish while m5 is bullish and giving additionally bullish signal, do you enter in such case?

2.I am wondering about m5 sepcifically becouse today there were quite few false signals on it, few times that candles were closed above cloud and then they suddenly droped down onto other side quickly. And since you have stated that you have gathered 210 pips i am assuming you havent taken none of those trades. How do you know that signal is not good even that if it was formed completly to the rules of Ichimoku strategy?

Thanks for answers in advance.

If EURJPY were a woman she's be Angelina Jolie or Salma Hayek. All the others are an 8/10 at best in comparison.

Isn't looking really good. Any views on E/J folks?

for me scalping is really hard.. market flow and PA are unpredictable...my advise=scalp when market having low volatility

Wait untill the dust settles... Are you insane enough to trade it now...?

Love it. You can always count on Benny to drive the market down lol.

Agreed...


Current levels have yet to make lower low... may happen today or tmrw, but correction downtrend is still ongoing...

Look for 117.504 for next Target...

Short from 15min or 1 hr charts after they hit ceiling...