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- Rgali1 replied Mar 10, 2010
Looks like a real spike, and volume doubled maybe someone got a hold of the news and was buying? Is that possible?
AUD/USD
- Rgali1 replied Mar 10, 2010
Word of advise from someone that has blown many accounts in the past don't over leverage esp given the fact you are not using a scalping method. Always remember NO trade is a sure trade. 100% a month is possible but doing it consistently is the hard ...
100% Monthly consistently
- Rgali1 replied Mar 10, 2010
I am expecting a massive spike up with the news. Be careful guys!
AUD/USD
- Rgali1 replied Mar 10, 2010
I feel like the more we short the higher it will go. May just sit this one out for now or load up on some longs as I dont think its ready to fall just yet.
AUD/USD
- Rgali1 replied Mar 9, 2010
whats goes up must come down!
Identifying Market Swings - Medium and Long Term Trading
- Rgali1 replied Mar 9, 2010
I used to use more leverage but the SL ended up blowing up many accounts. Lowered the leverage took out the SL and doing much better now just have to get good entery and exit points and not be greedy. Not looking to become rich within a year anymore ...
EURUSD
- Rgali1 replied Mar 9, 2010
1.36 is going to serve as strong resistance for the bulls and if it is broken good luck geting past 1.363X down she may go....LOOK OUT BELOW!
EURUSD
- Rgali1 replied Mar 9, 2010
We all know where the euro will eventually go...so I rather be short and have the trend go against me then be long. All this provided you are not over leveraged and can sit on a trade for days.
EURUSD
- Rgali1 replied Mar 9, 2010
Those of you that are long where are you placing your SL? It's possible to drop much further before any sort of retrace.
EURUSD
- Rgali1 replied Mar 9, 2010
It looks like its going to sink a long is very dangerous from here...i think. I would wait for it to pass 1.3630 before I would consider a long
EURUSD
- Rgali1 replied Mar 9, 2010
I'm new to the whole Volume trading strategy but it went down on strong volume and the bounce up was on low volume this tends to indicate its not just a shake out but I dont know perhaps MAL or someone else can elaborate on this.
EURUSD
- Rgali1 replied Mar 9, 2010
I'm bothered by the fact aud/usd has been holding this doesnt correlate well with what e/u is showing.
EURUSD
- Rgali1 replied Mar 9, 2010
Looks like its going down on decent vol. right?
Trade Using VSA (Volume Spread Analysis)
- Rgali1 replied Mar 9, 2010
I'll go long if it hits 1.363X otherwise I have a shot bias most certainly under 1.36
EURUSD
- Rgali1 replied Mar 9, 2010
if it retests it again its bound to break through one of these times lol
EURUSD