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- BFSGcapital replied May 22, 2012
custom indicator i wish i could explain it. pm me if you want the mq4 file
EurAnalysis
- BFSGcapital replied May 22, 2012
I follow the algorithm religiously (on exhaustion especially) which is why I took profit. Price is now 15 pips above where I took profit (1.0077) But yes, it is hard for a scalper to hold for a while. I haven't even been holding 24 hours. I do want ...
EurAnalysis
- BFSGcapital replied May 22, 2012
Wow, at least you are in the green though EurJPY is so weak right now this is ridiculous, you would think it has to bounce here probably targeting 100.60/50 then a bounce
EurAnalysis
- BFSGcapital replied May 22, 2012
its looking very bad, i want to get short again on a retest of the purple line, just hoping that it will be above the area i took profit 100.77(15m chart)
EurAnalysis
- BFSGcapital replied May 22, 2012
i honestly dont know how it was coded, but it has to do with the 34ema although this is looking so heavy that it might not even matter closing was probably wrong but im happy with that profit.
EurAnalysis
- BFSGcapital replied May 22, 2012
closing eur/jpy for +120 here
exhausted territory, im thinking i will see a better entry probably should just hold for 100.25 area but im happy with this profitEurAnalysis
- BFSGcapital replied May 22, 2012
agreed, or we could break through and test 1.23 or 1.245
EurAnalysis
- BFSGcapital replied May 22, 2012
this could set the floor for another move up. check out my terrible drawing or we just consolidate and range here until we break 1.26
EURUSD
- BFSGcapital replied May 22, 2012
here's where were at. i think its going to break edit: still other support down t here though. might be ranging rest of the day
EURUSD
- BFSGcapital replied May 22, 2012
forgot about 77, after that you guys should get your up move
EURUSD
- BFSGcapital replied May 22, 2012
watch out bulls not liking candles, trend is strong though, watching yellow line here
EURUSD
- BFSGcapital replied May 22, 2012
rejected (so far) at broken uptrend from earlier. and 50 fib
EURUSD
- BFSGcapital replied May 22, 2012
tried stop hunting the tight stops looks like. added to shorts at 102.01 (because i sold a tiny amount first time)
EurAnalysis