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damonl replied Oct 29, 2015If price comes back to 2.1640, I will hit this pair with a long trade. I looks like it can possibly go a few hundred more pips before the real strong resistance comes into play.
image GBP/AUD
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damonl replied Oct 29, 2015Currently long on yesterdays close and the fact that we are sitting on strong support as mentioned in earlier posts. image
EURNZD
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damonl replied Oct 29, 20154hr chart says go long now, but more importantly, 4 hour chart said go long on this stochastic divergence yesterday.... lol image
USD/CHF
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damonl replied Oct 29, 2015I think that once price reaches the 50 EMA that I will be wait for a signal to go back up. Until then, I am flat....
image USD/CAD
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damonl replied Oct 29, 2015If price retraces to .7070 I will enter short. Otherwise, I will stay flat.
image AUD/USD
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damonl replied Oct 29, 2015What will happen at my support resistance area? Another falling knife maybe. Will see if I get the signal the tells me to go short, otherwise, I am out!
image EURUSD
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damonl replied Oct 29, 2015Okay.. I will do one more tonight..... GbpJpy Daily Analysis - Bar closed right up against the 50 EMA making me hesitant to want to take this trade any higher. 4hr chart is also over-bought. If you have a good system to get you into trades, see if ...
Daily Bar Analysis - All Pairs/All Welcome
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damonl replied Oct 29, 2015GbpCad Daily Analysis There is a Bullish Harami formed, making this a great buy trade today. I believe that I am going to do that as soon as I finish this analysis. Long trade looking good to take here today.
image Daily Bar Analysis - All Pairs/All Welcome
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damonl replied Oct 29, 2015EurNzd Daily Analysis My analysis is that price is sitting on strong support from June 2013, and the retest as failed. As such, I am actually already in a long position for this pair, and I think this is a safe trade. As usual, there may be some ...
Daily Bar Analysis - All Pairs/All Welcome
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Daily Bar Analysis - All Pairs/All Welcome
Started Oct 29, 2015|Interactive Trading|15 replies
Hello: It is nice to meet all of you. I am hoping to create something powerful here. I started ...
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damonl replied Oct 28, 2015Is that why there was so much price action today on EN? Because of news announcement? I am not a big "news trader" specifically. In fact, I really should not trade during "red" news. However.. if one is quick, sometimes some quick pips can be made ...
EURNZD
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damonl replied Oct 28, 2015It was a nice trade, and so was the quick sell off. I don't like the look of the 1d bar, and so am moving to another pair for today, but I will be back. That was some nice pips, however. Can't wait to hear your thoughts on getting some more. For now ...
EURNZD
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damonl replied Oct 28, 2015That was a nice trade. I lost a few pips, as I should have exited when 1d hit the 9 EMA, but I wanted more, and got emotional and did not read the signs. As such, I did not exit until price came back at me around 100 pips. Just over +250 pips with ...
ATP - The Regurgitation to Wave Riding
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damonl replied Oct 27, 2015Here is the 1d chart which to me only shows more short term validation in the short term, that the direction to be right now is long. BTW... we do have a NLD color change which at this point could repaint. However, we also have divergence, and we ...
ATP - The Regurgitation to Wave Riding
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damonl replied Oct 27, 2015I like that looks of this 1d chart all the way! I am very optimistic that with the bullish close on the 1d, that today, into the next few days might be what I have been waiting for. In my eyes, this is more validation that long is the answer and the ...
EURNZD
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damonl replied Oct 27, 2015Still holding and trying to determine if it is going to break resistance or come back down to support. If it gets to the point where I am sure it will come back down to support, I might as well close this trade and try to pick up a few trades going ...
ATP - The Regurgitation to Wave Riding
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damonl replied Oct 27, 2015Staying with the same pair for now, as I have no lots available to trade another. Had I not had any open positions, we had a closed long signal on the eurnzd 1hr, and just had a NLD signal on the 4rh bar, which may or may not repaint. Based on the ...
ATP - The Regurgitation to Wave Riding
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damonl replied Oct 27, 2015I am with you on the long side. I did some additional research, and these charts helped me continue to think long. Nice job on your pips. If your confused, I would say just don't force it you know, and see something that really is not there. I do ...
EURNZD
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damonl replied Oct 27, 2015Here is a chart from Sept. 2014 which shows strong resistance, now support at that price which gave us that very nice 4hr BEOB a few days ago. This is another reason that it may be a good idea for me to be holding this trade, as that area from Sept. ...
ATP - The Regurgitation to Wave Riding
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damonl replied Oct 27, 2015Still holding... I am in against a massive 1w bear run. Will it even break resistance at all, or should I consider getting out the first chance I can with a profit before price turns against me again? I wish I could predict which way price was for ...
EURNZD