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- CharlesSA replied Jul 13, 2010
Just did a search as well. Here is some more resources which I too will work through: 1. url 2. url 3. url
- CharlesSA replied Jul 13, 2010
hehe...yeah, does look similar. I am having second thoughts on this trade (EURGBP). EUR strength is gaining momentum. Look at EUR/USD.
- CharlesSA replied Jul 13, 2010
Also took that trade. The level is also very close to the 38.2% fibb (which is less important, but still. ) I know my chart looks a bit busy still but atleast I know what is going on My initial target TP on this one is 0.82824. Does that sound ...
- CharlesSA replied Jul 9, 2010
As a newbie, I like what I have learnt from you and the No Brainer Trades thread. Playing bounces and reversing ones position on breakouts & retests seems like a very successful method, and "should" be used jointly. From my observations it "appears" ...
- CharlesSA replied Jul 9, 2010
Sure...indicator attached.
- CharlesSA replied Jul 9, 2010
Wow, ok. I need to adjust my micro view and learn to see the bigger picture. Thanks Custos.
- CharlesSA replied Jul 9, 2010
I see. I adjusted my TL and now only have a single hourly bar that closed above it. On all higher timeframes the candles closed below. Being short biased, where would you place an intraday TP level? Around 1.26465?
- CharlesSA replied Jul 9, 2010
This EUR has me annoyed! Why on earth is it so stubborn? This morning it touched the weekly R1 pivot line and made a reverse, albeit a small one. Custos, what do you think... because it has a few candle closes above the major trend line would you ...
- CharlesSA replied Jul 8, 2010
Thanks Custos
- CharlesSA replied Jul 8, 2010
Good call on that range. Thanks for pointing it out. I am currently +12 pips so will move to BE and let it do what it decides. I feel a bit more confident that you also see EURGBP as a good one Thanks
- CharlesSA replied Jul 8, 2010
Wow, some great posts with very valuable info. Thanks! Well, here are two trades that I hope will work out. First is EUR/GBP, short at black line which seems to be a good S/R level. Second, long USD/JPY at black S/R level. On the hourly and 4 hourly ...
- CharlesSA replied Jul 4, 2010
Weird one. I see that the original post is also gone of the trade call. Yeah, I also did not see a reply but I really do not expect an answer to all my questions I realize you also have to actually trade. So no worries pal! As mentioned before, I ...
- CharlesSA replied Jul 2, 2010
Custos, regarding EUR/JPY... are you not a bit nervous about that fairly strong up strength? Would love to short there as well but PA has me scared
- CharlesSA replied Jul 2, 2010
Looks like you are a natural Pipalicious I am still very new at this myself but am looking forward to fully grasping it. Mktspace, Paulette and of course Custos are always so helpful making it a pleasure to participate here. I am almost at a point ...
- CharlesSA replied Jul 2, 2010
That was my feelings as well. I see we are on the same timeline.
- CharlesSA replied Jul 2, 2010
Custos, out of interest, regarding last nights trade on Eur/GBP which you went long on just before the hourly close below S/R and you decided to exit...did you reverse this trade at all...ie go short?
- CharlesSA replied Jul 1, 2010
Ok, scrap that idea. It has blasted straight through that level. Interesting day so far! Wonder what effect NFP will have tomorrow.
- CharlesSA replied Jul 1, 2010
Thanks Keeping a close eye on EUR/USD. I have level 1.2510 to 1.2515 in mind as a short opportunity but this PA is crazy. What are your thoughts on this pair?
- CharlesSA replied Jul 1, 2010
Haha...too quick
- CharlesSA replied Jul 1, 2010
Hi Custos. Hope you had a good day What is your TP on this one?