Trading EURUSD only

Thanks brother 1 is a loneliest number

Got one long left @1.3196
and 26 shorts

AMEN bro. I think the traders here definitely march to the beat of their own drummer. And there is nothing wrong with that.

1. Tues saw daily close above 1.3150 structural resistance level
2. Strength suggests higher resistance levels will be tested
3. 50% fib at 1.323 is next level, then 1.3300 - more structural resistance
4. Last major resistance is at 61.8% fib at 1.3345
5. Daily close above 1.3345 would suggest new highs above Feb 1 high
6. Chart: http://link.reuters.com/zap47t

1. The EUR/USD is hanging in close range in Asia as all of the action in JPY
2. EUR/JPY demand providing support while sell orders 1.3000/05 capping for now
3. EUR/USD resistance at 50% of 1.3711/1.2740 move at 1.3225
4. Hourly support formed around 1.3170/key support at 100-day MA at 1.3155

Pipnography for Pip Pervs


http://www.forexfactory.com/attachme...1&d=1366170540

Today's observation: Prices fell to the bottom of our channel and quickly moved higher. Watch for a consolidation at this level before another pullback. George

http://www.forex-trading-made-ez.com.../fx041613D.jpg

Thanks goods I'll look into it for better understanding of the market. Thank you for helping others.

JD,

Still trying to understand your approach.

What is the size of the long, please? And what are the sizes of the shorts and what are their levels, please?

ikdenk

Pipnography for Pip Pervs


http://www.forexfactory.com/attachme...1&d=1366198119

Looks like my short @99 is coming into view.

Here are is my short trading bias. See if not using SL and MM pyramid will do to keep you in the game without having a MC or account being whittled down by SL

Now size depends upon how big your account is, price of Euro, last open position AND A VARIABLE

Most of these shorts were triggered while I was expeimenting with different TA indos. Since I found a perfect mix (for me) of 5 & 15 SMA and RSI3 on the 10M chart my trades and "danglers" have been greatly reduced. Still it shows the power of the MM pryamid. I still have 1100 + Wins and only 9 loses.

Bro did I send you MM pdf by email? It is an overview of what I do.

Morning traders,

I am glad to see the euro heading in the right direction lol. Although yesterday was a tradable day, I tend to void those out in regards to an overall direction. The euro likes to move 100 pips out of the blue, or in this case almost 150ish, and than make a sizable retrace. I have daily support at 1.3050 (lower-middle of market profile) and 1.2962. 1.32008 was the high and didn't show much enthusiasm to break it. I have a target of 1.3073 (50-day SMA; blue) and eventually 1.275/70 which should be a sizable demand zone.

Markets have been in a wee bit of chaos lately. Anyone notice the S&P? Monday it was down about 35 pts, yesterday up 22 pts and SPX futures indicate an open -13 points. It's becoming a traders market. This could get fun.

Happy pips

Long @34
Reason PA went over 5 SMA
RSI3 +50
30M PA not near HSR or Fibs / Supply zone

Existing short @99 so its pips for me today

JK on FX video and commentary

http://www.jkonfx.com/

I will say it until I retire in FX and am on my way.

It is proven a MM pyramid with the right set of indos will generate wealth consistently regardless of up or down PA.

My long @34 is now ITM
The 5 & 15 SMA in relation to PA plus the RS3 on the 10M chart is the bomb. with confirmation on the 30M HSR and fibs of course.

Jamie Sattlie EW analysist

http://charts.stocktwits.net/product...jpg?1366201771

Thanks for sharing your method!

You are welcome brother. I will share anything of mine except my gold, my guns, and my girl.

1. Asian sellers ~ 1.3200 keep large stops 1.3205-20 safe for now
2. Sov downgrade rumors & weak EU equity mkts add weight & it breaks 1.3150
3. Short-term double top looks to be in place & pair tests solid bids 1.3115-00
4. Daily RSI rolls over from o/b & USD gains some yield advantage to add weight
5. Large stops touted through 1.3090, if no rally soon they will attract
6. No US econ data to spur mkt so cues may come from Fed speak & equities
7. Chart: http://link.reuters.com/pus47t