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    • bigandrich replied Sep 5, 2008

      I scalp the exact same way that I take longer developing trades,except use smaller time frames. Find support and resistance on 1m or 5m charts and trade accordingly. I'm sure there are a plethora of scalping techniques out there that use all kind of ...

      EURUSD
    • bigandrich replied Sep 5, 2008

      Sure, charts are full of patterns. There is one similar that occured at 1.4400, not as dramatic, but it failed. I'm not saying this one won't reverse, I'll just wait for confirmation.

      EURUSD
    • bigandrich replied Sep 5, 2008

      That's going to be a helluva trade if it works out for you. 20 pips for 100 seems pretty ambitious with the drop it's had, I wouldn't be afraid to take some pips off the table as it retraces that way. Good luck either way

      EURUSD
    • bigandrich replied Sep 5, 2008

      More inclined to the stalling in the 1.4348, not much upward pressure here, I'm waiting for a breakdown, but if it breaks the upper area with force, I'm game for that as well.

      EURUSD
    • bigandrich replied Sep 5, 2008

      Don't know why you are shocked, we had one poster on here yesterday predicting a surprise bad number. Him and every analyst around....everyone knew it was coming. Did you think it was going to shoot straight to 1.60?

      EURUSD