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Expo33 replied Oct 9, 2013If employment data comes in at least as expected I think there is a good chance for a breakout trade for the Aud/Jpy based on Raghee Horners model. 1) 4H candle currently above 34EMA (Dave wave) 2) 4H currently above resistance from 9/19 (a close ...
AUD/USD
- Expo33 commented Oct 9, 2013
Accept that the price movements didnt correlate with the gradual upward movement of UJ, just a suuden 40-50 burst downward then a stall until the news.
UK Index of Production, August 2013
- Expo33 replied Oct 9, 2013
Mysterious drop in Cable and Geppy 2 hours before disappointing news, hmmm, I wonder if the big boys had advanced warning
Cable Update (GBPUSD)
- Expo33 commented Oct 9, 2013
Mysterious drop in Cable and Geppy 2 hours before news, hmmm, I wonder if some big players had the news a bit early.
UK Index of Production, August 2013
- Expo33 replied Oct 8, 2013
Sorry about the late response my day job is actually graveyard
My first target was .9413. When I woke up to see I narrowly missed it, I decided to close up shop on this trade and take the 50 greenies
Also just scalped 13 more greenies ...AUD/USD
- Expo33 replied Oct 8, 2013
4H momemtum looks a bit flat to me. I am going against the masses here and have opened up a short @.9478
AUD/USD
- Expo33 replied Oct 8, 2013
Basically the head of the BCC said when fantasizing about the UK's economic recovery let's not prematurely ejaculate and the cable spikes down 50 pips in 3 nanoseconds.
Cable Update (GBPUSD)
- Expo33 replied Oct 4, 2013
Hope not, I am short until I see a decisive close above 4H resistance, but then again, I am just another forex wanna be
image AUD/JPY
- Expo33 commented Sep 19, 2013
Just what we needed, an article full of quotes from economists. Here's a classic: Steve Blitz, ITG Investment Research Chief Economist: "The Fed by its actions is telling the world the economy is a lot weaker than anticipated." Turns out there are ...
Economists' Reactions To The Surprise FOMC Announcement
- Expo33 replied Sep 18, 2013
I am happy to have stumbled onto this thread. Harmonics fascinate me and I am eager to learn. Thanks to MrPips and all of the gracious contributors. Green pips to all Cheers
Ratios & Harmonics: a Different Way to Trade
- Expo33 replied Sep 15, 2013
I like your chart Alex, beautifully simplistic, informative and convincing. Cheers!
AUD/JPY
- Expo33 replied Sep 13, 2013
Still a lot to learn in the forex arena but I thought I'd post what I believe to be a simple bearish ABCD harmonic on the EJ daily. Any feedback welcome even if it means my analysis gets torn to shreds
Green pips to all Im taking a tiny ...EUR/JPY Trading Room
- Expo33 replied Sep 12, 2013
Looks like a solid bounce off the Aug. 30th daily 23.6 RT and the 34EMA
AUD/USD
- Expo33 replied Sep 12, 2013
Anticipation of the news, actual news, post news perception, all just catalysts to get price moving. Once the dusts settles, technicals run the show. Study your charts, keep it simple, keep it consistent, manage your risk, and may the pips be with ...
AUD/USD
- Expo33 commented Sep 12, 2013
Step back and have a look at the weekly, then you can see the bigger picture
Australia Labour Force
- Expo33 replied Aug 16, 2013
A beautiful bounce off the 23.6RT and the 34EMA. Short @3342 TP @3289 image
EURUSD
- Expo33 replied Aug 14, 2013
I took the same trade yesterday, long 3240, TP 3313, and I'm sticking with it. Might scale back TP 10 pips before nap time.
EURUSD
- Expo33 replied Aug 14, 2013
Went long @ 3240 during London last night, got half way to TP, now like being back at base camp on Everest. Nearly pulled the plug at 3277 just to put some pips in the basket but.......I didnt
EURUSD
- Expo33 replied Aug 9, 2013
I am glad I stumbled onto this thread. I have been trading intermittently over the past 5 years and am not ashamed to say that I am not a successful trader as of yet. I am at the doorstep of phase three. If discipline doesn't trump emotion, then it ...
What most newbies must go through when trading Forex