Hooray for e-trail turns out price has fallen back to support. 2 pips was all I was gonna get anyways. Here is the EA for those on meta4. defalt setting is trailing stop- 8 this is at what point it will move s/l to be. trailing step is what ...

My trades by Dave

well crap.......news move it 20 pips up...trailed me to 2 pips above BE and then pulled back and nailed me out for +2 pips Thats a big 2 pips this week....now I can buy that pony rules prevent me from re-entering cause now I'd be chaseing the ...

My trades by Dave

Long entry GBP/JPY 122.68....s/l 122.35 on the break of CCI above 0 line 3 hrs ago waiting for ewo to move up above 0 line the pair has pulled back to find support near the pivot. using e-trail for s/l trailing. s/l will trail to be at 20 pips and ...

My trades by Dave

yea me either. So hard not to try and jump in (chase the market) Cause soon as you do it reverses. And if you don't it keeps going.:....lol As if we can affect it like that. Its ok I need it to take off like that, get out of the range it was in, ...

My trades by Dave

JeeeeeeeS............ I hate to see so many pips waisted in a move like that. I just sit and wach it go. Really hope this begins a trend or a series of nice waves. The wedges got me gun shy. I been waching for 2 weeks now. ArrGgGGgg......little ...

My trades by Dave

And there it goes. up up and away......will it hold? Stay tuned...target top trend line 1.2866. Dave

My trades by Dave

yea I know, I am not a break out trader just because they don't usually make it in forex. Its the patience of waiting for the close above, and then waiting for the next candle to break the high of the previous. And further waiting on a time frame of ...

Fundamentals Rule!

Its not you man its the market right now. Failer is only that if accepted as the final result...otherwise its mearly a speedbump on the long hard road to success. Dave

Coulda, shoulda, woulda..... a losing game.

Hey money, 1.2730/35 and 1.2750/55 are the prices to watch as they are the key breaking points on my charts. A daily close above those prices are significant confirmation to an up move on euro$ Dave

Fundamentals Rule!

1.2731 and 1.2754 are the points to wach. 55 ema and 21ema. Dave

My trades by Dave

Here is the daily chart on moving averages. Resistance has been at the 55 day ema for 10 days now and has yet to close above it or the 8 day ema also. Hard for me to take a long trade as long as this resistance remains. A daily close above these ...

My trades by Dave

technicals are so zigzaged from wedges I still dunno. Over all I still look for euro to rise but who knows. Seems like there is a stale mate between bears and bulls. All the sharp move up then back down distort waves and ma's. Been like that for a ...

Fundamentals Rule!

Well price broke the top on FOMC announcement. I hope this gives a direction for the euro to trend in. I havn't been able to make an ewocci trade for a while. I need some pips.... Dave

My trades by Dave

so how did fomc look? I hope it makes the euro trend some place. These wedges are killin me on the charts. Dave

Fundamentals Rule!

Here is most likely count cause it on a higher time frame and looks more clearer. Dave

My trades by Dave

actually this could keep going. The above statement from e-wave sais e can under shoot trend line as the bottom of this wave did. If this is the correct count this price will break out here... if not then wave labled E is actually D and this wave up ...

My trades by Dave

top line is at 1.2710 look for this to top out here. Dave

My trades by Dave

here is the post with e-wave quote from lesson book.

My trades by Dave

here is our wedge I spoke of. Price should be targeting the top wedge line now. 1.2700/12 Dave edit: this wedge suggests that the break out might be down. the current move up yo target the top trend line looks like wave "e" of this wedge. This could ...

My trades by Dave

Euro$ the chart I posted where the price dropped out the bottom of the wedge, and I gave a prediction of an up move. Its gonna form another wedge befor this move happens. So I won't get buy happy quite yet. Once the wedge is more prominant I'll draw ...

My trades by Dave