EURUSD

me too, because fibo 23,6 % is support area, tp 1,3030, then out waiting news release

i wait bouncing from 3020

what is gonna be?

Hey wolfman
1stly Im not wise just check the spelling

But some food for thought with your question -

You need to pick 1 pair, this will be your primary pair, you need to study her, get to know her intimatley, all of her wierd quirks, every pair has its own idiosyncracies.
EU is good because it has nice spread and generally good liquidity, but decent moves are more fundy generated, which makes her a tricky wee thing at times other times movement is glacial and fuk boring

Then do another pair, same thing not to trade, just to understand how they tick and take notes

Then another etc etc etc

Then watch for consistant corelative reactions, ie Swissy and EU generally track together, aussie and kiwi, EJ and GJ of course not all the time as each pr has different partners, those influeces will take too many word to explain

some examples - if yen or yuan is depreciating geneerally kiwi aussie follow, however be mindful if USD is flat or negative kiwi and aussie will stay flat, however if USD is appreciating the move on aussie and kiwi will be much much stronger and vice versa

If au kiwi cable & eu are in sync, not often but when they syncronise, you really need to know, you will get some of your best trades then, because they all dont move together, generally one will go, then the next then the next etc, there is always one tardy lass, she is your baby, you can have good confidence she will follow the other girls, get nice entry and generally get plenty of warning to get out,

I will try find some charts when they are insync and working well

I think you can overload on infomation, I can be watching 30 charts at once, without an appropriate plan, I would go mad very quickly (again), you should have up 3 or 4 charts of your primary pair different timeframes, weekly and monthly levels should be studied over weekend with levels set for the week ahead trading that is plenty information, run 1 or 2 news feeds, everything else should be running in the back ground, your only looking for the things above, can see in a glance, idiosycracies, interventions etc etc, they are only early warning systems,

If yen is bombing, you need to find out why, and fast, a quick glance at the different pairs, will quickly show who reacts first and it will be almost as violent,
eg, if eu reacts 1st, you need to quicky find out is it USD or Euro, again a quick look at you other pair will show

eg if geppy reacts hard, kiwi and aussie next, and eu last and less violent, it tells me they are using GBP, there are all sorts of combinations, but if you are not aware of them, fuk interventions will kill you

Shit too many words your question is simple but the answer is not

gators mofu is doing its thing bbl

Euro over 1.30 again.

>notsuprised

Nice bounce from 50% fib... Could be a nice longer trade

WTF. i lose my mind.

Damn :-| it really was unlucky that buy limit

long closed 3018

today was done again and again sugarpink.

look at these

by the way 3018 sell limit order worked.

wtf dude

sometimes if ur at the com/mt4/phone, its better to take the initiative rather than a calculative sharp entry than to lose the opportunity a few times :|

It hurts more seeing a good trade being lost becase of less than 1 pip than being hit on SL on one in 10 seconds right before entering it

dudeee

I had my low at 1.2972... Probably a broker thing???

It hurts more getting SL hit to me...aka losing money.

I don't mind missing opportunities, but i do mind losing money

Been watching you great trades man...

thanks bro. i will post more

Well, market moves as planned, so far so good, but I dont dare to enter another scalp here, it could hurt. Though I think Mr. Market cant make it further than ,3045 here. So right now, we are retesting that broken S/R and imo will soon have a look back to ,297 area, possibly below, up to ,291. I dont see that move coming that much soon, lets say @ NY close.

That beeing said, I am out and wish you good luck rest of the day,

T

xg xu bombing