We have some people staying with us as from tomorrow so we started clearing up the guest bedroom. I came and had a look at computer. Mrs V you got some explaining to do. If I think I'm a scalper Mrs V is 10 times worse. She is also slowly (very, ...

1 hr HAMA, 6 ema

Cheers, will certainly try. Oh by the way I had a look back over Nov on GU which as months go was not a trending month, this simple idea did well.

1 hr HAMA, 6 ema

[quote=Islander;3285901]I've taken partials at the 6450 / MS1 confluence and will add again at the 475 / 30ema area if it bounces that far....quote] Sounds like a plan all we have to do is clear up the tea Mrs V spilt all over the desk. She just ...

Psych Levels, Pivots, and Trendlines - Resurrected

1st trade below 21 ema. Sold shooting star/lower high. Out for +36. I think at a minimum we are headed to fri's low/W M2 around 6425 (6525 was a typo) but Mrs V was ear bending to bank pips. We are looking at getting in again.

1 hr HAMA, 6 ema

The difference between Fri's buy and today where we didn't buy - the last 1 hr green close had a bigger wick and it couldn't close above/at the top of the range. 15 min vol on the up candle was very poor not suggesting a good move up. Could have ...

Psych Levels, Pivots, and Trendlines - Resurrected

Weekly GU has 2 doji's in a row and is right in the middle of its TL's so it could go in either direction. Daily suggests down with the large upper wick rejecting the upper TL. The 4 hr shows some obvious psych levels being the 27 and 30 Nov lows ...

Psych Levels, Pivots, and Trendlines - Resurrected

Didn't trade eu at all this week. For me its definitely 3rd choice behind gu and ej.

1 hr HAMA, 6 ema

I didn't trade ej much at all. The 2nd thing I have to do is start trading more than 1 currency at a time.

1 hr HAMA, 6 ema

In the grand scheme of things gu was not trending on this daily chart at all for the last week but lots of opportunities to trade with 1 hr trend (see the chart above in the previous post) which for my purposes means above/below the 21 ema.

1 hr HAMA, 6 ema

All in all a decent week but I'm still not staying in trades as long as I should, at least I know what the problem is and I'm working on it. I want to start posting weekly chart summaries just as a record as to whats possible. A note on Fri's ...

1 hr HAMA, 6 ema

I had stepped away from computer pre Frankies open, Mrs V saw the hl that Islander took but vol's were so low she left it. In my analysis above I didn't mention the first hurdle we had to cross which was the M P at 6525, dooh! We got in 3 trades ...

Psych Levels, Pivots, and Trendlines - Resurrected

The break above the daily upper TL/key level Tues high and 23 Oct high was quickly rejected. So the daily cycle of lower highs lower lows is still on for now. For this to play out we'll need to get below some target areas 6460 ish (several daily ...

Psych Levels, Pivots, and Trendlines - Resurrected

I got a buy in yesterday just above 6680 but pa looked really lazy and exited just short of +30 when the move up failed a couple of times above 6700. Was looking to sell the rsi divergence/shooting star but that was right on the even number so ...

1 hr HAMA, 6 ema

1 trade taken this morning and a decision not to take trade 2. 1) 1hr 7am candle closes positive rejecting MM3. 5 min hl closes above 6675 psych level buy at 6682. Exit 6711 when move up failed. 2) Trade not taken, the lower high close on 6701, ...

Psych Levels, Pivots, and Trendlines - Resurrected

How I see things — A hesitation daily candle at upper TL which we have now broken through. We are still on a daily lower high, lower low, lower high. 4hr at its upper TL. The higher lows and higher highs are clear. The psych level of 6680/90 ...

Psych Levels, Pivots, and Trendlines - Resurrected

Having the 8 rsi on hourly at least you can also see how close the above below 21 ema is to above/below the 8 rsi.

1 hr HAMA, 6 ema

Posted elsewhere — Mrs V and I saw 6587 as a support area from Asian session. Coming into Frankies Hour the bounces from here were lower and lower suggesting it was going to fail and go lower following the previous 2 hourly candles down. Lower ...

1 hr HAMA, 6 ema

Please don't worry about the fozzy rsi indi, I'm playing with divergence again thats all.

Psych Levels, Pivots, and Trendlines - Resurrected

Today was one of those days where my style of trading works well. Try as I might I do not trade ranges as Islander does. Earlier postings suggested 6587 as a support area from Asian session. Coming into FH the bounces from here were lower and lower ...

Psych Levels, Pivots, and Trendlines - Resurrected

The way I see it. A strong move up (big dogs seeing Dubai issue not the end of the world??), daily upper TL around 6650, 4hr shows M M3 around that level so there could be some volatility there. Should we go below 6585 I'll be looking at sells but ...

Psych Levels, Pivots, and Trendlines - Resurrected