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xxDavidxSxx replied Aug 27, 2006ewo/cci has signaled long price is not testing weekly pivot(blue line)(1.2798) and the break happened on cross of 55 ema holding current long from 1.2765 s/l b/e Dave
My trades by Dave
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xxDavidxSxx replied Aug 27, 2006yea but i'm gonna make the 20-30 pips between here and there. And will already be in if it breaks. And exit with profits if it reverses. Dave
My trades by Dave
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xxDavidxSxx replied Aug 27, 2006Price is near buy signal and in a wedge. I ignored the wipsaw from fri. 5/8 ema has crossed 21 sma on 1 hr chart. A move above 55hr ema should give rise to a buy signal from ewo and cci. Dave
My trades by Dave
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xxDavidxSxx replied Aug 27, 2006On the above there is a buy order in. I left it over the weekend with a 10 pip s/l. Now market opened above the close of fri. so I moved s/l to 1.2745. New daily pivot is 1.2756 entry was 1.2765 Bouncing off pivot test I will PT if it breaks the ...
My trades by Dave
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xxDavidxSxx replied Aug 27, 2006according to bolli technique next target is the middle bolli band(21 ma) or 20 ma, befor it goes back down, if it goes back down. Dave
Akuma99 Not So Squeezy Journal
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xxDavidxSxx replied Aug 25, 2006Here is the daily chart with the possible overall wave count. We could be at the bottom of a wave C in a wave 2 sideways correction. This is one of those times that just when you think its going to go down it suddenly goes up and catches every one ...
My trades by Dave
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xxDavidxSxx replied Aug 25, 2006Well the price did dip to 1.2725 range but quickly went right back to were it started at 1.2750/70 range. The price met with the 55 day ema and bounced. Forming a doji on the daily charts. And cci is nearing the 0 line on daily. I expect a rise in ...
My trades by Dave
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xxDavidxSxx replied Aug 25, 2006Here is a 5 pip scalp I just got on a wedge. I have posted on wedges befor. They almost always go to the widest part. this one was perfect. And since resistance is there I exited Dave edit: once you can lable 5 waves in the wedge....a,b,c,d,e it ...
My trades by Dave
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xxDavidxSxx replied Aug 25, 2006all ma's on 1 hr crossed down. So if it is gonna break support I got no signal sept the break itself. And a break might not be sustained or it might drop like a rock If it's gonna go up i'll get all kind of signals for entry, 5/8 cross then 5/8 ...
My trades by Dave
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xxDavidxSxx replied Aug 25, 2006yea i agree. Seems the price is having a hard time getting past the 1.2745 support and 1.2785 pivot. I took 8 pips earlier and am up about 10 now. but its pulling back currently holding short from 1.2770 s/l 1.2785 I will pull it if support holds ...
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006price is in an expanding flat. widening on both top and bottom. very hard to judge a trade here. dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006looks like you might be right yardie, but i'd do the same as befor if given another chance. Gotta take the good with the bad exit after bottom broke on the pull back to 1.2764 -1 pip I'll wait for long signal should it bounce but waching for now Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 20061 more thing yardie, not to rip your opinion rather to help you understand market mentality. picking a breakout is like picking tops and bottoms. Not a good idea. The support here I am not picking rather it was already established on several ...
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006don't worrie, 3 losses is nothin and your loss sizes are very small. Your either starting too small of an account, or over leveraging it too. But a 9% draw down is nothing either. If your panicing on a 9% draw down your gonna have a heart attack ...
Three Losses in a Row
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xxDavidxSxx replied Aug 24, 2006Thanks for the tip. I am pure tech trader and my pointing out that neg US news didn't make the dollar fall (yet) I have this custome made indacater that calculates over all trend direction, and counts 5/3 wave patterns. The purple signals tend to ...
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006hello and welcome to FFF. Sorry to be so sceptical and critical right off the bat but... I noticed you said you want to achieve success in a couple of months. I then noticed 2 words you used here. Be patient Even if your good in the stock market ...
Professional growth of a trader
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xxDavidxSxx replied Aug 24, 2006was just a little off on the range I talked about 3 weeks ago in this post. Needed to extend the range down to 1.2750. Dave
My trades by Dave
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xxDavidxSxx replied Aug 24, 2006Price did a U turn on news. Funny CNBC talked this was dollar negative news. But dollar rose on the news. Any how...I have noticed a large wedge that could be forming. The price did almost 100% retrace but not all the way and there is trend line ...
My trades by Dave