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ephisi replied May 10, 2016can't say much on crude oil,gold and silver until markets open. USD index was bullish yesterday while gold silver and crude oil were bearish. lets see how they play out today. USD index remains the key correlation for EURUSD
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ephisi replied May 10, 2016Daily pivots: these are extremely tight today i would normally expect a small daily range on a tight pivot day but as usual anything can happen so i keep an open mind. mis-pricing: The mis-pricing level of 1.1367 is still visible on the 1hr chart ...
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ephisi replied May 10, 2016Daily and 4hr trend analysis is similar to yesterdays analysis. Daily bearish trend line remains intact while the 2nd 4hr bearish trend line also remains intact with a possibility of being violated today. Anything can happen in these markets
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ephisi replied May 10, 2016good morning all. hope we are recharged and set for today. Here we go again
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ephisi replied May 9, 2016Woke up just to check the markets. mis-pricing @ 1.1396 has not been corrected. thats means i can't go short until 1.1396 is filled. Thank God i spotted it before closing yesterday.
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ephisi replied May 9, 2016Ok. Thanks. But how does one know before the fact which major will move. Kind of hard to select which pair to trade on a given day
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ephisi replied May 9, 2016just for the fun of it, nothing to trade. EURUSD mis-pricing on 1minute chart. we need to revisit 1.1396 soon to correct mis-pricing
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ephisi replied May 9, 2016Today i planned my trade according to strategy and also executed according to plan. i also stay within my daily loss limit. Thats a good day for me
. Have to keep repeating until it becomes a habitThe sacred edge 2.0
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ephisi replied May 9, 2016closed both trades +12 pips average of +6 pips. Thats it for today. see you guys london tomorrow.
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ephisi replied May 9, 2016Nothing to do or analyse. Just waiting to see if my trade will give good pips. stick around
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ephisi replied May 9, 2016You got it. trade in the direction of path of least resistance, better still on a good pull back entry
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ephisi replied May 9, 2016USD index is the key for EURUSD lets see what it does on NY market open
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ephisi replied May 9, 2016Do you prefer trading counter trend trades? i used to trade that way until i realised its easier and more profitable to flow with the trend
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ephisi replied May 9, 2016Ok, thats a good idea, if you feel the trade is invalid. But anything can happen in this market
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ephisi replied May 9, 2016Mis-pricing on 1minute chart. the up move will not be sustainable. if it rallies some more we will have to revisit 1.1393 before anything else
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