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My Trading Journal
Started Aug 14, 2007|Trading Journals|29 replies
Just using this as a place to keep track of my trades, rather than on paper. Not posting a ...
Karm, do you mean 4hr 5sma? It looks as though we are at the 1 hr right now?
I'm sure I'm not the only one on the east coast who slept through this.
Oh well, I don't think the downward party is quite over yet.
Anybody else shut out of Oanda right now?
Just using this as a place to keep track of my trades, rather than on paper. Not posting a ...
Retraced to the 5 sma on the 1 hr chart.
This shows 4hr price action off of the 50% fib. This set up with the double bar high with a low close is actually a pretty reliable set-up under the james16 thread rules. There is a high probability this will continue down.
It's negative compared to projections, however, anything above 50 still means sector expansion.
Just got off the plane to find out I nailed 200 pips on this move. Like this thread.
You see this every time we have a run like this. It becomes a game of psychology. Sentiment and momentum will ultimately shift. Let the games begin.
Lots of northbound tails on the 30 min charts on the EUR and GBP. Seems to be a little more hesitation now.
Nice bearish outside daily bar on that one, too. It may bust through.
Wow. About a 100 pip move north on Oanda in the last half hour.
Not sure if it was posted earlier but there is a pin on the weekly GBP/JPY. Not a perfect one. Again, you are trying to pick a top against the trend in this situation, though.