some quick Charts....
Daily: 3260-65 is the key resistance break higher n i ve weekly R1 or the upper t.l at the 3300 level to look for,a break higher to this level will confirm a move all the way to R2 or 3374.
as long as 3260-65 holds i remain bearish, with some bearish div formin on daily it shud give a fall,
4hr: same bearish div can be seen on 4 hr, a break lower to 3208 or the pivot will confirm the move down to 3190 or the lower t.l , once broken n i don mind it goin down all the way to S2 or 3145,
any move up to 3265-70 or R2 area is also a sell IMO,
over all price action has been `crazy` lately, still managin to get my daily pip goal,
today i ve started the day with 30 pips loss n now covered it back, n still holdin a runner sell from 3258 with s.l at even,
Gud luck all n
Happy Trading
~ chaudhry ~
Master Div Playa........... In DA HOUSE.. Bro, try hinting them div out earlier............ when ur div matches my supp./resis or lvl of interest brother can make some extra hitting some hard ones out.. Offcourse most for some intial gains and the rest to let em' run..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Nice......... I have projected tgt on EURO to 3145 and willing to close the bulk around to it and considering hedging longs off to it..
Euro is taking a beating on cross pair esp against the GBP and the reaon why GU is taking its sweet time to follow the suit. Let it enjoy a bit on EG strength and i can surely wait a next minor higher high to short this beast as well...
GOLD hoding 1654 is a good sign as well...
GL..
hi stryker
i am looking to take profit at 1.3183-86 because its a key trading area and hot spot trading zone for quiet some time now, i would like to take 50 % of the profits there to ensure my trade is safe with sl on the BE
ultimate target short term 1.3125, if we approach that area then i will see what to do? should i keep my shorts open or reverse my position and this is same case with this number 1.3183
i am looking to take profit at 1.3183-86 because its a key trading area and hot spot trading zone for quiet some time now, i would like to take 50 % of the profits there to ensure my trade is safe with sl on the BE
ultimate target short term 1.3125, if we approach that area then i will see what to do? should i keep my shorts open or reverse my position and this is same case with this number 1.3183
best way to trade is to bank and go about with the rest... mkt can hardy beat u down or keep u down for long...
3178-82 indeed is a good lvl... no doubt and is one of the reversal point here as well..
I banked 50% of already around to 3208, been short 3254 after missing out o 3266 entries..
wish both of us luck... ur 3125 guarantees my 3145 so im cheering up for ya...
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
best way to trade is to bank and go about with the rest... mkt can hardy beat u down or keep u down for long...
3178-82 indeed is a good lvl... no doubt and is one of the reversal point here as well..
I banked 50% of already around to 3208, been short 3254 after missing out o 3266 entries..
wish both of us luck... ur 3125 guarantees my 3145 so im cheering up for ya...
GL..
hey stryker i have just noticed that i have got the "bronze medal"
when will i get the "Gold medal"??
hey stryker i have just noticed that i have got the "bronze medal"
when will i get the "Gold medal"??
depends, when u start trading gold................. lol... j/k..........
keep on posting and i think once above 300 posts u become a gold member...
G...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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Originally Posted by chaudhry
some quick Charts....
