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- TRMZXT replied Oct 9, 2012
I think they def want 75 80 as a final target for the day. Then it will fade up probably to above 900 or 925 at most. Then Asia will test it IMO and late asia and london probably break it unless PA shows a reverse to the top. Unless US market gets ...
EurAnalysis
- TRMZXT replied Oct 9, 2012
TP at 75-80 scalp long at that point back to 900 and then shorting again as this market will break 75 sometime.
EurAnalysis
- TRMZXT replied Oct 9, 2012
Initial hit on 100 or other levels like that with nice reistance I get out. then I wait for a retreat and confirm on the 3 or 1M to get back in. 2nd time I hold on to see if it stays like right now.
EurAnalysis
- TRMZXT replied Oct 9, 2012
not sure but 75 is going to be busted. either today or tonight with this mentality. That or it is a baseline for a large range.
EurAnalysis
- TRMZXT replied Oct 9, 2012
yep... But confidence trading always works and that is what I base all my trading on. indicators are only a partial.
EurAnalysis
- TRMZXT replied Oct 9, 2012
I would totally agree. Find something that works and stick to it.
EurAnalysis
- TRMZXT replied Oct 9, 2012
Nope not common but I like consistency. You can use a 1 3 10 and 30. I go by the multiple of 3 theory. I tried the 5 and 15 and simply find it slow for normal PA and bias after testing. I see the 3 and 9 on charts all the time. mt4 doesn't but other ...
EurAnalysis
- TRMZXT replied Oct 9, 2012
All my charts show the above charts (1,3,9 and 27 minute as I use Esignal and make whatever TF I want) MA's and MACD's. I trade still off a larger chart and base my bias off S/R etc... You just can see it better. Basically I can see 4 charts above ...
EurAnalysis
- TRMZXT replied Oct 9, 2012
what the 1M chart? Heck I watch a 20second chart. Gives excellent signals and you can see PA very well.
EurAnalysis
- TRMZXT replied Oct 9, 2012
I wont long until I see a MACD continuation of the 1M and a turned 3M while crossing a 147 WMA on a 1M rejection of quarter/50/100. Untill then it is keep scalping short on small retraces.
EurAnalysis
- TRMZXT replied Oct 9, 2012
I think what could happen is It could make a whip up and test with Draghi and Merkel and then back down. I think whips saws today could be very likely.
EurAnalysis
- TRMZXT replied Oct 8, 2012
I would be very watchful of shorting anything today. Expectation of positive Euro spin ahead. Look for it to test or break previous high.
EurAnalysis
- TRMZXT replied Oct 8, 2012
sorry.. I mean the line that runs down top to bottom that has MS1 MS2 and Pivot etc.... I was trying to see with what PA that intersected to verify my time is right. Like the pic. Thanks!
EURUSD
- TRMZXT replied Oct 8, 2012
could you show me a pic of when your day started on your pivot. Could I see the price action to verify mine?
EURUSD
- TRMZXT replied Oct 7, 2012
yep seems like that. With it being a post major news day I expect pretty good moves.
EurAnalysis