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- Jhig replied Jan 27, 2009
That small downward move off 1.3200 looked to be a small retracement. Price action may be setting up for a higher down move. I will be looking to reenter if price stays below 1.3200
EURUSD
- Jhig replied Jan 27, 2009
Got 30 pips out of it - suprised it came back up so fast. Will look for reentry soon.
EURUSD
- Jhig replied Jan 27, 2009
As an indicator for a downward move, P/A is very close (50+ pips or so) to the Pivot Point level (very important level). So keep that level in mind. Pivot Point Level = 1.3089
EURUSD
- Jhig replied Jan 27, 2009
Im planning on my setup to occur around 1.3200(ish). Wait until I get a valid sell signal and play my sell order off every S/R and Quarter Point level price hits. For my trading style, news is irrelavent. I play my hand as its given .. but use any ...
EURUSD
- Jhig replied Jan 27, 2009
I would have to agree. Momentum is down, Im expecting P/A to bounce off level 1.3200 and head towards a downward move. Though it may have enough steam to move past 1.3200
EURUSD
- Jhig replied Jan 27, 2009
Im looking for P/A to do something around the S/R level of 1.3200. Price bounced off the Quarter Point level as expected.
EURUSD
- Jhig replied Jan 27, 2009
My current ABCD levels are complete ... a little happy I didn't get out too early as I thought the market had turned back to be S/R line. Exited out of half the position and realized P/A had actually hit my target of 1.3153. So now, I wait on the ...
EURUSD
- Jhig replied Jan 26, 2009
Are we talking about October 2008? Of course he made money that month. EVERYONE made money that month. I went all in and cleaned up that month. E/U trend was DOWN strong. All you had to do was bet down and got paid. Entry points were irrelevant. If ...
How I Turned 1k To 100k In A Wk!!!
- Jhig replied Jan 26, 2009
News Feed US session turned out to be Pro-Euro, for the most part. Due to the USD price action is playing in a tight ranging field between 1.3195 to 1.3124, I would expect P/A to move down some during the Asian session.
EURUSD
- Jhig replied Jan 26, 2009
Blue Lines = S/R Levels White Line = Quarter Point Level (QP Level is the point between s/r levels)
EURUSD
- Jhig replied Jan 26, 2009
I don't know!
Price is sitting just above my quarter point level 1.3200. I'll expect a retracement and just play P/A off the retracement's S/R levelEURUSD
- Jhig replied Jan 26, 2009
Im waiting for her to retrace back down to my quarter point of 1.3120. Afterwich, I'll get a better signal of where she is headed.
EURUSD
- Jhig replied Jan 26, 2009
For me, it means price action is hovering over the Support/Resistance line 1.3160. I would expect a tracement soon. Afterwich, I will be waiting for P/A to hit 1.3160
EURUSD
- Jhig replied Jan 25, 2009
At the moment, price action is having difficulties breaking S/R level 1.2860(ish). Looks to be ranging between quarter point 1.2870(ish) and S/R level 1.2860(ish)
EURUSD