- Search Metals Mine
- Jhig replied Jan 22, 2009
Same here. Been working the 10ema cross on the 50 ema, 5 min chart, banking profits (a least 50+ pip moves) since yesterday. Pink Line = 50 ema Grey Line = 10 ema 5 Min Mono Strategy
EURUSD
- Jhig replied Jan 22, 2009
London session has a nice run upwards, almost hit 1.3100 again. Market is in a tight range at the moment. Looking at it now: Hourly Momentum is down 1.3100 looks to be a strong s/r level At this pace, the range may continue, hitting 1.2000 to ...
EURUSD
- Jhig replied Jan 20, 2009
Im done for today. Maybe this afternoon, we'll see something but I'm not getting my hopes up. Just logged on to CNN to catch the live coverage of the inauguration. CNN has contracted "Facebook" to host the live stream with an interesting live ...
EURUSD
- Jhig replied Jan 20, 2009
Very wise. I was just thinking about hanging it up until this afternoon. Been trading intraday since the London session but no results. I haven't placed one trade. Just gauging the market. I've come to the conclusion, this is not the market for me ...
EURUSD
- Jhig replied Jan 20, 2009
If P/A can't break 1.2900, it will probably bounce back to whole number 1.3000. Market is in a serious range at the moment. I don't see much movement until noon (EST).
EURUSD
- Jhig replied Jan 20, 2009
P/A seems it can't break 1.2900. Looks to be in a retracement at the moment.
EURUSD
- Jhig replied Jan 19, 2009
Dollar is strong across the board because of the Inauguration tomorrow. Fresh new President with fresh new ideas ... traders are trading based on that info alone.
EURUSD
- Jhig replied Jan 19, 2009
I agree. Unless you are a very proficient scalper, its best not to trade Holidays (US-MLK Day). Low vollatility, no news, & lots of pro traders with nothing to do today but jumping to market. I'll be hanging back today.
EURUSD
- Jhig replied Jan 18, 2009
Not much news in the upcoming week. E/U will probably experience major highs & manic lows. At its current steady pace, e/u may hit 1.349x(ish). IF it breaks 1.349x(ish), I see it continuing upwards to maybe 1.4000. Of course this is my own personal ...
EURUSD
- Jhig replied Jan 16, 2009
I hear ya, I've never let my account get that large. I usually withdraw weekly profits or monthly profits and place my money in a security or savings such as Vanguard Mutual Funds, money market accounts, cd, ira etc... You're not the first person ...
Forex Club
- Jhig replied Jan 16, 2009
At the moment it looks like a sell. But it is "Freaky Friday", anything could happen. Traders are at lunch at the moment so after 2:00pm(ny), trading should resume. On Friday's, especially in the afternoon, it considered a scalpers world. So if you ...
EURUSD
- Jhig replied Jan 16, 2009
I totally agree with on, that whole numbers should be closely observed. I never bet on or offer a hard number. -+15 pips is usually where P/A lands.
EURUSD
- Jhig replied Jan 16, 2009
No not a teacher (I use to be a banker) and I don't have a blog. I just have FF. Your welcome, as well. Now enjoy your weekend. Cheers
EURUSD
- Jhig replied Jan 16, 2009
It'll work for intraday trading as well. Just keep noting the major S/R lines at x.x000 and x.x500. As for as intraday S/R lines are concerned, every 100 pips ending in x.x100, x.x200, x.x300 etc, P/A can be seen as bouncing or breaking S/R line. ...
EURUSD
- Jhig replied Jan 16, 2009
Ganesha, have a great weekend too! Im done for today as well. ------------------------------- profitmaker, here we are .. chart and all. ------------------------------- Circles = P/A bouncing off S/R lines Yellow Lines= Represents Daily/Weekly Chart ...
EURUSD
- Jhig replied Jan 16, 2009
Exactly!!! But, profitmaker, let me get a chart together and I'll show you?
EURUSD
- Jhig replied Jan 16, 2009
I trade intraday maybe twice a week ... if that. I mostly trade Daily/Weekly - Monthly for direction. I have an intraday account and longer term trading account. Intraday trading is great for major news trading days. Intraday stops are always placed ...
EURUSD
- Jhig replied Jan 16, 2009
On higher timeframes only. Daily/Weekly chart only, I set my stops at whole number (I don't use TP unless I have a trade open and I have to step away from the market). When I intraday trade, stops are place at what I see best, as far as direction ...
EURUSD
- Jhig replied Jan 16, 2009
I think everyone is wating for the next candle at 10:00(ny est) Market is has stall
EURUSD