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ephisi replied Sep 10, 2014Yea, we will watch price action on the up move. Will short it if i get signal
The similarity system
- ephisi replied Sep 10, 2014
im watching these levels also. will plan my strategy for tomorrow. before london open,. im thinking retest of 1.2883 then up to 1.2962 possibly to 1.2988. will confirm before london open. but will most likely buy dips above 1.2960/80
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- ephisi replied Sep 10, 2014
closed short at 1.2900. From my analysis. since we didn't break previous lows, we may have some bullish or range moves tomorrow before any bear. not sure. will decide tomorrow. 1.2860 and 1.2880 may not give way tomorrow.
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- ephisi replied Sep 10, 2014
seems like im becoming a prophet on eurusd. lol. great day usually all it takes is one 5minute candle to break a zoneThe similarity system
- ephisi replied Sep 10, 2014
looking good so far. we should challenge 1.2897 in a bit
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- ephisi replied Sep 10, 2014
the correlations still tricky for me. cant say what effect/ btw i expected that spike up thats why i didnt panic. most times its a bull trap when price rises violently.
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- ephisi replied Sep 10, 2014
wow, did i just push price down with my statement/
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- ephisi replied Sep 10, 2014
say byebye to the last bulls of the day. just my 2 cents
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- ephisi replied Sep 10, 2014
exactly, just the way i analyzed eurgbp and gbpusd today. they both brought eurusd down lower. great post mate
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- ephisi replied Sep 10, 2014
cleo. now is the time i would move my stop to breakeven or prepare to take profit as she goes down further or hold. your choice
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- ephisi replied Sep 10, 2014
lol, thats what happens when you scalp the 1minute chart. risky
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- ephisi replied Sep 10, 2014
retraces are part of the business. you should expect them always. if you look at my last posts, i called the retrace. 1.2897 WAS A PROBLEM ZONE ALSO
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- ephisi replied Sep 10, 2014
youre welcome. remember its a scalp and a late entry if you intend to hold for long. it may go down straight it may retest 30ish. i would look to take profit or move stop to breakeven if she goes down further
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good area to scalp short