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pres78 replied Dec 22, 2015Closed second half at BE. This was the sideways action I was afraid of. I was hoping for a famous afternoon upwards drift but instead we got the equally famous and dreaded sideways drift
...Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Also the low of today's zone (around 0.72307) has yet to be taken out and tested successfully and we are now back inside today's zone. Even on a 15 minute chart we closed below but on the very next bar we closed back into the low. Edit - AUDUSD ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Good eye. Nice shared level with the 50% of that extra UHV, WRB zone and the low of today's zone. If we get a push below and then come back to this level around LO it would offer a lovely short.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Hit 1:1, decided to close half and let the second half run fully exposed. Worst case net BE, best case 2.5:1 on half and 1:1 on half. No worries as I'm protected now on this trade either way. Time will tell.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Again be wary on the time of day and if you get a proper set-up (in this case SOW) get protected quickly. That appears to be a good zone to watch come LO tomorrow for sure.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015EURUSD Recent long at 1.09703. Looking for that afternoon drift up to 1.1. SL 10 pips, TP 25 pips for 2.5 to 1 (late in the day so not looking to be greedy). If this spends too much time sitting stagnant I will close. If I get to 1:1 I will lock in ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Let's see if 1.0970 (currently today's highest volume 1hr zone high) holds for the next push up to 1.1... Yesterday's zone is way down out of the way so we work with today's zones for trade management and add on entries (if applicable). Still ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015Very similar on EURCAD. Longs only so far since LO (currently seeing some R at 5300). Great set-up at LO into yesterday's zone high. NYO buyers found at the LO zone high (was the highest 1hr zone so far today at that point, not anymore mind you). ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015I hope others (besides me) got in off the NYO buying, break and re-test of 1.095 level. Lots of warning given
... 1.1 to 1.1010 next big obstacle for the bulls. HMM let's see here. We are around 20 pips from the EURUSD ADR and 20 pips from 1.1... ...Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015EURUSD is currently seeing some resistance at the 50% of that Dec 16th UHV, UWR hourly bar. We are basing so I am expecting a break of that 1.095 level (man this level sounds familiar). A break, test and hold would be key for the bulls. Let's see ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 22, 2015We didn't quite get down to the 50%, hit 1.0902 with the H providing support. Great mark down, buyers stepping in at LO right into yesterday's zone. Perfect chance to get long. Easy.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015Trading can be simple if we keep it that way. Lack of volume at UHV zone... LO support at 50%, break the H and a NS / test (not a true test based on not testing into fresh new ground but a test of that level none the less)... Day after day these set ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015No problem, please be careful with the time of day. We will very much be limited by the Daily high at this point.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015EURUSD Currently based on today's action so far 1.0896 is the key level to watch (50% of today's 1hr zone, H of the highest volume 15 min portion of that same 1hr bar). That means for me I place more weight in a return to that level rather than the ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015Support found, let's see what happens on the new push up. Bulls need to take and hold 1.09.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015EURUSD we have seen the low of the Dec 16th UHV zone currently acting as R, watch 1.08821 on this retrace to see if it offers support for a continued push higher.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 21, 2015EURUSD Did anybody catch either one of the 2BR's into the H of Friday's zone coming into and at NYO? Wasn't much nice to see at LO on this pair but we did see a nice ping of the 50% before pushing back above the H.
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 19, 2015The likes of me? Do you mean someone who is minding their own business posting in their own journal, being attacked by ignorant, uninformed assholes? Because then yes you would be right there are lots of people on here just like me. The reason is ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 18, 2015Did anyone catch the obvious EURAUD NYO short from yesterday's zone low? LO was a bit crazy as we opened below that level and had a big, hard move down. What LO accomplished was to clear some buy orders at that recent swing low. Reducing volume on ...
Prez Forex (pres78) Trading Journal
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pres78 replied Dec 18, 2015Thank you so much I am forever indebted to you. Please avoid my journal in the future.
Prez Forex (pres78) Trading Journal