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MarcVUM replied Mar 25, 2010Must be. My M15 lower BB is showing as such but I wouldn't suspect that it will last past 9100 according to my MA's. I'll be looking for a short up there.
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MarcVUM replied Mar 25, 2010I'm sitting over here scalping. took a long 10min ago... 2-3 pips at a time.
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MarcVUM replied Mar 25, 2010Saxon, take a look at the daily candles on 1/21 and 1/22. Kinda looks like yesterday and today. Interesting.
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MarcVUM replied Mar 25, 2010Amyc, good afternoon. What are you seeing on your radar today? -Marc
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MarcVUM replied Mar 25, 2010Similar to me. I use the 4hr and 1hr for trade decisions and the 15m to take the trade and monitor the PA. I have a 20ema on my 4hr that looks very similar to yours... is yours a simple or exponential?
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MarcVUM replied Mar 25, 2010Long or short? I might take this M15 candle long when it closes. Inside Bar.
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MarcVUM replied Mar 25, 2010I'm trying to reassess this situation. Stop at the previous days low or continue further down to say 905x and hit the trendline down there? Guess I'll wait for another pullback.
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MarcVUM replied Mar 25, 2010I figured I would watch it over several weeks along with my normal S/R's and MA's on a separate chart. I went back through history and checked it out... not always accurate (definitely not on Sundays).
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MarcVUM replied Mar 25, 2010Daily Fib Retracements — Picked up this idea from another thread. Draw Fib Retracments from the high and low between 12am and 3am est. That will be your range for the day.
AUD/USD
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MarcVUM replied Mar 25, 2010sorry.. shorted at 9112 and got out at 9087 my H4 shows it going to at least 9070...H1 is all messed up right now... but There is a weekly S1 at 9082...plus my channel from earlier calculates a drop to 9065. I'll wait for a slight pullback to my 21 ...
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MarcVUM replied Mar 25, 2010Out at 9187 from 9112 and wait for a pull back to 9107 area. Indeed, there is a wall here!
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MarcVUM replied Mar 25, 2010Not that I do or do not agree with you either which way... this is crazy day that the market is using to consolidate. I can make an argument using my charts for either which direction but my sense of logic is telling me bearish. My initial target ...
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MarcVUM replied Mar 25, 2010Ha! I can make an argument bull or bear on this sucker right now!

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MarcVUM replied Mar 25, 2010scalped a couple pips up but she feels to be struggling...even though my BB's show a possible 914x at the moment. hmmm. better safe than sorry. in cash.
AUD/USD