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pres78 replied Oct 2, 2010Agreed round number act as major psych's I just don't know if 1.4 will be enough to fully stop this up move. Based on the previous similar down up move I could see 1.4 stopping the move, a drop to 1.3 - 1.33 a bouce and a run up to 1.5 before ...
EURUSD
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pres78 replied Oct 2, 20101.4 is only a psych level correct? I do not see where on the weekly or monthly charts where 1.4 stopped and reversed any kind of big move up other than back in 1992 when price could not close above this level and started a move down over the next ...
EURUSD
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pres78 replied Oct 1, 2010For anyone who uses the MM lines it has hit the 7/8 line 4 times on the hourly chart but has yet to close above it. Still some time in this candle so I guess it still could.
EURUSD
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pres78 replied Oct 1, 2010I would like to post my thanks in advance for starting a new clean thread for everyone to learn and share ideas together while developing the trading system into something even greater than it already appears to be.
Old Dog Fib Trading - EURUSD
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pres78 replied Oct 1, 2010Also was wondering if anyone could offer some advice on methods they use for gaining best entries and exits on trades... I am still strugling with getting in a little too late and out too early.
EURUSD
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pres78 replied Oct 1, 2010Well I am going to take this weekend to relax and reflect... After a whole week of trading I ended the week at +10 pips... All that effort for 10 pips. But on the brighter side I didn't end up in the hole and next week will be another week. I made ...
EURUSD
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pres78 replied Oct 1, 2010Your comment said the last couple of hours so that is what I looked at... not the whole day.
EURUSD
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pres78 replied Oct 1, 2010Last couple of hours the EURUSD has been boucing up and down in a bit of a range.
EURUSD
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pres78 replied Oct 1, 2010Hit 1.3775 and now retraced over 25 pips... does this pair still have enough steam to get to 1.38 today with no further scheduled events for the day?
EURUSD
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pres78 replied Oct 1, 2010Spike up caused a higher higher but a close over 1.3763 is needed to get much further up... see how far this spike rolls.
EURUSD
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pres78 replied Oct 1, 2010Worst PMI in the last 4 months but the USD is rallying? Or is this just a knee jerk reaction that will actually push the pair higher?
EURUSD
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pres78 replied Oct 1, 2010Does this pair have the strenght today to re-test the daily high from yesterday before London close?
Cable Update (GBPUSD)
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pres78 replied Oct 1, 2010I missed the big move up so far (damn Canada time zone)... What do you recommend? retrace and entry at a certain level? Selling at a certain level? The GBP news had no effect at all on this pair. Have I missed the boat until US data? I am trying to ...
Cable Update (GBPUSD)
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pres78 replied Oct 1, 2010After that quick spike I would assume their to be some retrace waiting to see what the US data signals for furture movement also.
EURUSD
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pres78 replied Oct 1, 2010Anyone looking to short at the 5808 level? Look s like it may want to bounce down some.
Cable Update (GBPUSD)
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pres78 replied Oct 1, 2010Just US data left now... man I missed that nig move up. Should've set my alarm. Missing the London open / ealry news really kills sometimes.
EURUSD
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pres78 replied Sep 30, 2010Trading is something I am learning right now but would love to do full time someday. For now I work ful time as a project manager for a steel company to pay the bills and live (also went through a divorce a few years ag and thus the lack of excess ...
EURUSD
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pres78 replied Sep 30, 2010Thank God. Now there are lot of Abonacci systems and herein after can you please help other people and set the course of this thread? You have formula . Nice . Even I have not asked to reveal something to me . I asked to reveal to all other traders ...
Aboonacci System - for EUR/USD prediction
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pres78 replied Sep 30, 20102 weeks and 2 days to drive away someone who was helping people for free. It was an interesting thread and system that I wanted to continue quietly learning and following along but now aebab is gone.
Aboonacci System - for EUR/USD prediction