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ak4x replied Sep 18, 2008Hey Futs, there you are... any chance you can find that post you did on the yen crosses correlation sometime back and post the link to it. I got all sideways with the explanation and wound up with my head up my butt while scalping the 2m. subdude ...
EURUSD
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ak4x replied Sep 18, 2008actually, i think you're right and that was what I was wanting to say, pretty busy here so shouldn't even be postimng... my bad. nucking futs has a great post somewhere on this topic that spells it out in detail where is he when I need him??
EURUSD
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ak4x replied Sep 18, 2008you are correct but not for the right reason... it's a function of how the EJ price is calculated... smarter people than I can explain it better when they're not scalping tho.
EURUSD
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ak4x replied Sep 18, 2008You guys all do know that EU x UJ = EJ right? That means that if UJ is goin up, and EJ is going up, the EU has to be going down. So look at those 3 pairs and do the math, and trade accordingly... there's a clue there. add: UJ R2 bust or bounce at ...
EURUSD
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ak4x replied Sep 18, 2008No expert, but 2 things... 1. Trend is down on any reasonable trading TF 2. It could go to 4181 and NOT turn north. Manana is Freaky Freakin Friday x 4 don't forget... I'll be nowhere near a computer with trading software on it. That was 3 things, I ...
EURUSD
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ak4x replied Sep 18, 2008well all i can say is all my stuff is still pointing south, the 2 hr closes in 10 minutes or so, and it's very close to confirming the cross for the down on the longer TF, but 10 minutes is 10 minutes for a reason, so I wait. It seems to have ...
EURUSD
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ak4x replied Sep 18, 2008probably, but mine are calculated by the pivot tool on accucharts that let me set all the parameters. actionforex is the next best source for 5pm pivots tho imo and they do offer other calculation methods as well. play around and see which ones ...
EURUSD
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ak4x replied Sep 18, 200820 more from 4229 to 09. sweet. and reentered again at 29 on the retrace, taking this one to M1 (4182) as R1 is firmly broken on UJ...
EURUSD
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ak4x replied Sep 18, 2008short from 56 w/ tight sl in scalp mode. target 20 pips to 36 (scalp mode is ONLY in pro trend direction and don't get greedy.)
EURUSD
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ak4x replied Sep 18, 2008Fodder to ponder... UJ is hard up against the 50sma and S1 on the 4hr at 106.15ish. If it breaks, bounces or stalls, I would be looking for reciprocal movement on EU.
EURUSD
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ak4x replied Sep 18, 2008crikey, dropping thru support as I speak. gonna stop posting now and get back to trading. blabbin is costin me $$
EURUSD
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ak4x replied Sep 18, 2008As i originally posted, my limit sell entry was 36 which never got hit as price stalled at 30 (cuz I was feeding my stupid face), therefore no trade. Since it worked for you, my targets would probably have been somewhere between S1 (4236) and the ...
EURUSD
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ak4x replied Sep 18, 2008sorry, but that was a crap call, it pooped out way too soon. no gas to even hit the upper bb on a 10m chart. pathetic. have to make do with my other shorts I guess. hard break of M2 tho.
EURUSD
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ak4x replied Sep 18, 2008limit sell in at 4336 with tight stop for quick scalp back to 4300 or lower.
EURUSD
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ak4x replied Sep 18, 2008I have finally recovered enough to see the keyboard again and be able to type... I was laughing so hard i thought i was gonna bust something. If you need a break from all this, read this guys posts... the ones that aren't in the recycle bin anyway. ...
EURUSD