This thread will record my eurusd analysis day by day.
You can use it free or sell it too.. it's up to you
KG
You can use it free or sell it too.. it's up to you
KG
Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
MY EURUSD Journal-demo account 25 replies
forexben's eurusd jacko style journal 7 replies
DislikedI open sell position at 1.4420.
Why?
1. Daily Range already 131 pips (120% of daily range average)
2. Price ranging in trending phase area of up wave y4-$ (1.4379 to 1.4424)
I assume that buyer could not accept price above 1.4424, price several time rejected to move above high price today (1.4424). MP help me to see the price distribution clearly around olive circle and I assume that buyers and seller are building a consensus area after buyers reject price above 1.4424 offered by sellers.
I don't know after this ranging movement around trending...Ignored
DislikedUp Wave y4-$ is my focus now, and currently price on this wave still in Trending Phase (1.4429 to 1.4490). Let's see what's happened on this wave.
Since 07 May 2011 price accumulation is moving up till friday 08 May 2011 price reach 1.4490 the highest price on this wave. And since price reach 1.4490 till today we can see that price couldn't move above 1.4490. So, I assume that currently Buyers couldn't accept price above 1.4490 offer by Sellers and it's caused price move ranging between Trending Phase Area ( 1.4429 to 1.4490) of Up Wave y4-$ or...Ignored
DislikedUp Wave y4-$ is my focus now, and currently price on this wave still in Trending Phase (1.4429 to 1.4490). Let's see what's happened on this wave.
Since 07 May 2011 price accumulation is moving up till friday 08 May 2011 price reach 1.4490 the highest price on this wave. And since price reach 1.4490 till today we can see that price couldn't move above 1.4490. So, I assume that currently Buyers couldn't accept price above 1.4490 offer by Sellers and it's caused price move ranging between Trending Phase Area ( 1.4429 to 1.4490) of Up Wave y4-$ or...Ignored
DislikedOK, let' see could eurusd stay below 1.4429 and straight down to 1.4368 ???
KGIgnored