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- Dcb replied May 20, 2008
Have a good day trading — It is time for me to close down my trading platform. I will see you tomorrow for the London open. Wish you well in your trading today.
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
U/J — I agree with you jupiter. When I look at the M15 chart I can see how it is having trouble to move down.
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
E/U — I bought the E/U at 1.56211 and exited at 1,56417. I was afraid of the E/U was still reacting to the move after the news, strong move down, and then a strong move up. I thought it would move back to the center and catch its breath. That ...
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
E/U — The E/U went down after the news, but I am waiting to see if it develops to go back up. I believe the trend is up, and this is only a reaction to the news. What are your thoughts?
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
I understand — I have done that many times. I am watching to see if we have some movement in about 15 minutes when news comes out.
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
Yes, why won't it break through? — You wonder why the U/J doesn't breakout. Everything points down, but it doesn't want to make the move yet.
Drawing correct resistance and support-lines
- Dcb replied May 20, 2008
E/U — The E/U looks up, but I am not willing to enter at this time. Is it going to be hard to break through the recent highs? It has moved so far this morning before I opened my charts that I am hesitant.
Drawing correct resistance and support-lines
- Dcb replied May 19, 2008
A helpful post — I injoyed reading your explanation and thoughts. It is very helpful.
Drawing correct resistance and support-lines
- Dcb replied May 19, 2008
It sounds as if you had a successful day. — It sounds as if you had a very successful day. I hope you did.
Drawing correct resistance and support-lines
- Dcb replied May 19, 2008
I am expecting the E/U to go up — Hello Aediaz, I felt the E/U would go up, and the U/C to go down. I just go up, and was surprised it had not started its move.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
Congratulations! — Jupiter, Congratulations in your trades.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
G/U & U/J — I am looking at G/U and U/J to think what to expect next week. The G/U looks like it could move down, and the U/J may move up to the TL before moving down again.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
E/U can't get above 1.55125 — The E/U does not have the strength to get above 1.55125 so I am close my position and call it a day.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
E/U — The E/U does not seem to have a lot of momentum to push it higher. If this lack of momentum continues, I may exit with a small profit. I am in the black, and if there is indecision in the market, I will close and call it a day.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
Buying E/U — I am buying the E/U.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
Exited U/J — I closed my short U/J position with a 17 PIP loss. It never could push lower, and when it start moving up I decided to take my loss.
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
U/J — I see what you are saying on the U/J Daily chart. On the H1 chart there is some support at the 104.000 area. I do believe it will go down, and I will have to watch the price action to decide when to exit. It is Friday, and I am a day ...
Drawing correct resistance and support-lines
- Dcb replied May 16, 2008
Selling U/J — Juang, Did you sell the G/J? I got up late and missed the initial move of the U/J, but I am selling now. I believe it will go down to the 104.000 level.
Drawing correct resistance and support-lines
- Dcb replied May 14, 2008
E/U — The E/U wants to go up, but I want it to get above the uptrend TL.
Drawing correct resistance and support-lines