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mysterio replied Oct 27, 2010Out break even, too close to news now.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Will give this 2 more minutes to drop before looking for breakeven.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Well either I drew it wrong or it was a fakeout, close to getting stopped out on this one, hopefully yesterdays low will provide resistance.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Nice little rising wedge forming, would like to see it break down but on the sidelines for now.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Closed at 1.3800... +30
We had the touch of an upper trendline, a pinbar, strong divergence, followed by the break of a trendline/bull flag. It was worth holding on for a little more and I think this pair may make fresh lows today.EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Stop at breakeven and will look for 1.3797
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Short on a trendline break, will look for S1. If this goes against me then I will finish for the day.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Triangle forming, will look for a break.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Took another -10. Lots of fast erratic movements, so I will take a step back until there is some more stable movement.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Missed a break of that narrow upwards channel while posting.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
Clear break of a channel upwards, currently long from 15, will move stop to b/e at yesterdays low if we get there.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 27, 2010
-12.6 on a minor trend line break and supporting divergence. Forgot there was news out at 9am, the trade came good but my stop was a pip too tight.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 26, 2010
Couldn't resist a quick short from 1.3870 (simple trend line break) but was taken out break even by a whisker. Should have waited for the retrace which would have been a good trade.
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 26, 2010
By the way... if anyone wants to check into the thread, please say hello. If you find anything useful or you think my trading is a load of rubbish, I would like to hear from you. Also if you think I am missing a trick somewhere or making some newbie ...
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 26, 2010
Not the most obvious triangle/pennant in the world but you get the idea. Note also the hidden divergence. MACD making higher highs while price makes lower highs usually means the correction went too far and a big move is coming in the direction of ...
EUR/USD 5min - Trendlines and Pivots
- mysterio replied Oct 26, 2010
+29!
That has restored my confidence. Chart to follow.EUR/USD 5min - Trendlines and Pivots