just got back on line internet was down for last hour i use these numbers on gu and eu as if you cant crack it on those two you just cant crack it aud /.usd plus anything against the yen is good during asia low spreads plus you have the carry trade ...

Magic Lines...?

Heres my take on goals and money manaegment If you are familiar with the game of cricket you would know how the Aussies play They play it conservatively and keep getting singles and when the time is right they smash a boundary then move back to the ...

Magic Lines...?

Hi Cash calf sorry but I seem to have hijacked your thread Im a full time trader and have developed a bunch of theories that work for me They are a bit out of the normal but for any newbies looking for a slightly different take on whats going on out ...

Magic Lines...?

steady steady know what you are saying about gbp I feel a lot safer trading eu seem to be able to get green a bit quicker but when the gbp moves it really moves and the pip count seems to be higher Just an idea but if you are trading on a demo ...

Magic Lines...?

Hey Dak just like you measly 15 20 pips but if you can get a safe 10 out of each session ie asia london usa you have the gold at the end of the rainbow and still get a life to go with it then if you manage your money and compound it a bit life will ...

Trade what you see NOT what you expect

Hi Ibuks Had to get some sleep so I missed the reversal but just another thought I trade off the 15 min and 5 min time frames but am still really aware of whats going on with the higher time frames You will notice on the 5 min time frames that pin ...

Magic Lines...?

Hi Ibuks have you bagged a few pips today

Magic Lines...?

heres my theory on time watch what happens around 7 minutes to the hour quite possibly a good size move but i have no idea which direction

Magic Lines...?

my 3 oclock is probably different from yours as im in new zealand

Magic Lines...?

for anyone watching now if you shrink up your 15 min chart on the left you will see all the noise it has run into about 3 oclock yesterday lot of buys sells and indecision a pin is forming on the 15 min so be wary about a reversal its also run up 80 ...

Magic Lines...?

for anyone still interested in the running commentary it will hit the 200 ema at around 31 / 32 but the real resistance is at 38 trajectory is still up I watch the 5 min charts so im looking for some thing that says it will turn around i.e a pin bar ...

Magic Lines...?

keep an eye on 18 if it gets past 5205 but still early in the us session so could blast on past to 37

Magic Lines...?

Hi cash calf Have been trading for a while and at the same time tried every indicator had some wonderfully color full charts and spent more time on setting out my screens only to end up totally confused so magic lines coffe breaks, lunch hours and ...

Magic Lines...?

Just a word of caution if it makes it to 29 or the daily low it might put in a solid bounce or completely fly through as there will be a lot of stops getting taking out this in turn will force it down pretty quickly until someone puts the brakes on ...

Magic Lines...?

Hi Ibuks just remember nothing is certain in forex went long at 84 for a small bounce but caught a good part of the move from 38 now im picking it will bounce off 84 and head back to the daily low so im short from 81 have a look at the average daily ...

Magic Lines...?

Hi Ibuks Have a look at gbp its just hit the 84 mark and formed a pin on the 5 min watch to see where it goes but its aregular pattern for a reversal

Magic Lines...?

I have another theory on when the market moves We all know that an hour before the major markets open there is a big move and just prior to london closing there is a big move that pretty often ends with a trend change Big News is wild and if you can ...

Magic Lines...?

I dont trade them all but that is where i set my resistance lines It depends on the time of day as markets close and open there is usually a big move just before the hour If you watch around 7 minutes before the hour before a major market opens ...

Magic Lines...?

Sorry I should make myself clear They are not fibs or some amazing technical concoction I have developed these just through watching the charts the numbers are at the moment gbp 1.5218 1.5236 1.5263 1.5284 This seems to be consistant through out on ...

Magic Lines...?

any one who is watching the charts now can see exactly what happened on the 5 min charts a drop from 62 gathering speed a 15 pip bounce off 37 and then a power run through to 28 and straight back to 38 it should set a a base before continuing on ...

Magic Lines...?