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- notch replied Jun 25, 2009
I have checked and it looks very promising but how do you calculate the levels?
EURUSD
- notch replied Jun 25, 2009
thanks for the pointer. Gone short the CHF, I see an easy 50 pips but I could be wrong.
EURUSD
- notch replied Jun 25, 2009
AtLast, seriously...I don't understand the above. Do you mean that between 3989-4002 is the area of a high risk counter trend and above 4002 shorts shouldn't be considered?
EURUSD
- notch replied Jun 25, 2009
Next 4 hours: PH: 1.4012 PL: 1.3932 I'm not trading the 4 hour levels but based on what I see the safer option is a long at the 1.3932ish level.
EURUSD
- notch replied Jun 25, 2009
Okay. I've closed long and gone short at 3969. Risking 0.05% of account. Just a bit of fun.
EURUSD
- notch replied Jun 25, 2009
To be completely honest. It shouldn't matter if you get on the wrong train because your stop should be very very tight. It shouldn't cause distress to be stopped out for 5-15 pips if you are gaining between 20-100 pips. You really should not get ...
EURUSD
- notch replied Jun 25, 2009
YEs. I'm copying AtLAst with a small position until my limit order is hit (short order moved to 4015).
EURUSD
- notch replied Jun 25, 2009
Yes, while 1.3983 remains intact that how I see PA playing out. But only while 3983 is intact. M8, you're welcome! Cheers. I'm being lazy so I'm riding your train until my limit order is hit! url
EURUSD
- notch replied Jun 25, 2009
E/G is currently testing the location of some good supply. I don't expect it to breach the 8543-8552 level.
EURUSD
- notch replied Jun 25, 2009
Market profile: Below 1.3983 expect 1.3932 then 1.3862. If 1.3862 is taken out with conviction then expect a rapid decent to 1.3772 (weekly PL). If 1.3983 is taken out I expect the price to quickly move to 1.4023 (daily PH) before falling back to ...
EURUSD
- notch replied Jun 25, 2009
Yes...probably 3995-4000. There's no point chasing it as there will be more opportunities later.
EURUSD
- notch replied Jun 25, 2009
I'll be shorting on the test of 4000 with a view to holding the position to 3850.
EURUSD