S&R short term bounces

trade# 38

+13

...by the way bar turned out to be a very nice pinbar in the end...

trade# 39

eur/usd - long off yesterdays low

TP 13
SL 26

trade#39

profit hit fast

+13

missed a great trade. support was broken. price came back after a while and bounced. also weekly open and last weeks low were in that area. some good reasons for a trade.

Taking a shot here @ GJ with a couple more double lots rdy to scale in

Out.

The spreads make me sick though...I paid approx 7.2pips in spread round trip. Ie $144. And this was just two lot trade.

sam, great entry...great level. price moved away from a the level, had some room to develop and make more orders come in at that level... came back and .... bounce

i´m in this one right now. not much movement so far today...but I will give it a try.

trade# 40

eur/usd - short off resistance and weekly open

I took a stab at 1.2285 (EJ) and was stopped out. Next one up @ 123.14 looks even better.

What are you watching tonight?

EU looks good, I'd probably be interested in that but am unfortunately still holding long positions for the eventual gap close. GL.

this is what I´m looking at on cable... but there are news today so will be careful around the news times...plus I´ve got to work so won´t be on the screen so often...

Looks good. I really like GU longs in the lower zone you marked up, clean level although it's been used quite a bit.

GL today.

on the eur/usd I´m gonna look at this

maybe todays open (black line) could be valid as well

by the way... this level is not valid anymore for me, because price bounced some pips above it. so I wouldn´t take a trade on that level if price goes there...too risky I think.
there must be enough room after that bounce to be a valid level again for me....

hmmm

as I just mentioned just two posts before, no bounce expected there.... price just moved through the levels

trade# 40

+13

Much better

yeah... great!

Nice work on that euro trade...a long coming up here may be nice. news in 3 mins fyi