Thanks! Very useful!

EURUSD

With this breach of 1,5551 in EURUSD the down trend might be over for now. I think we could see some correction up till 1,5610 area before more downside tomorrow afternoon on the release of GPD for Q2.

Coldrecs' day trading journal

Thanks alot! I'll look into it and get back to you. I know some statistics but not enough it seems Anyway I have one or two friends that might be able to provide some help I always though this kind of approach is worth investigating although I ...

EURUSD

That picture/model looks interesting. where can I find such analisys ? Thanks!

EURUSD

As I said earlier, the NFP on Friday should be very strong and the ADP numbers today certainly sustain that. So the stock market normaly will raise in anticipation putting pressure on EURUSD and raising USDJPY. Of course if this will happen then on ...

EURUSD

The market is flat for 2 hours already, waiting maybe for ADP Emplyement release. I like momentum, and very much dislike a sleeping market so I will close my position here @1,5590 for 8 pips profit.

Coldrecs' day trading journal

Going short EURUSD for 1 contract @1,5598 after de EZ consumer confidence release.

Coldrecs' day trading journal

Missed on the big USD rally from yesterday but still made some good pips. For today the lines in the sand for EURUSD are 1,5551 and 1,5598. The latter was just breached a few minutes ago but I chose not to go long as I am bearish on EUR today and I ...

Coldrecs' day trading journal

The market is expectig good news on Thursday and Friday. Briefing.com is estimatig a 2.8% GDP anualized growth in Q2 and only -55k in NFP. I think the rally in equities will continue and this will put pressure on EURUSD. So I see only a short term ...

EURUSD

As it looks now the retrace when it will happen will not exceed 1,5660 and after that we will see it again below 1,56

EURUSD

I just did. I think it will break 1,5626 too and only after that it will retrace

EURUSD

Closing the position here @ 1,5717 for 17 pips profit on each contract.

Coldrecs' day trading journal

Going short 2 contracts EURUSD @1,5734 on this atempt to breach my pivotal level.

Coldrecs' day trading journal

My line in the sand for EURUSD today is 1,5734 (the low from the Asian session). I will be looking to go short if it goes again below that level. The up trend trigger is of course 1,5766 (the high from Monday).

Coldrecs' day trading journal

SaxoBank actually. But same news services are used by many others. Like FXCM, MGForex etc What seems odd to me is that althogh the stock market and oil market are very active, FX is sleeping ...

EURUSD

BULLET: EURO-DOLLAR: $1.5745 currently, "nope, nothing going. EURO-DOLLAR: $1.5745 currently, "nope, nothing going on," a trader says, agreeing that modest earlier lift may have come at the hands of cable where new highs were set for the session a ...

EURUSD

EURUSD shows no direction yet. As the day gradually comes to an end, given the chance by this recent drop in price, I close the remaing contract here @1,5744 for another 7 pips gain. This will be all for today. Tomorrow is another day

Coldrecs' day trading journal

Let's see if EURUSD will stay above last Friday's high @1,5752. My bet is it will not.

EURUSD

I have closed 1 contract @ 1,5743 with only 8 pips profit as momentum is stalling.

Coldrecs' day trading journal

I have changed my focus to 1,5752 as pivotal level and sold 2 contracts EURUSD @ 1,5051 as the pair failed to keep above last Friday's high.

Coldrecs' day trading journal