Over night we got our rally back to 1.2842/45. now price is back dow to 1.2820/27. CCI crossed 0 line and is at -50. ewo is in sell mode and were below the pivot. all signals and MA's on 1 hr chart are pointing down. We should see a drop below ...

My trades by Dave

new pivot is 1.2842. My cci signal pulled back just above the 0 line. ewo is in sell signal. The price could rise to 1.2842 befor falling. The ewo moving back to buy side and cci not crossing under is the exit signal. Dave

My trades by Dave

The 2 pm est candle has brought the euro$ into sell signal. short signal, 1.2820 s/l 1.2895 Target: no target trail s/l 50 Dave

My trades by Dave

here is chart with a,b,c labeled. and price is on pivot 1.2825 now. dave

My trades by Dave

I am close to a signal on ewo,cci. and price is nearing the daily pivot of 1.2825. A move below the pivot will certianly bring ewo,cci into a sell signal. That would be great as I am in from the very top. Here is chart. Dave And a special thanks to ...

My trades by Dave

I exited yesterday with a modest 10 pips on the 8 ema cross on hourly. today same type of trade. I am short euro 1.2875 s/l 1.2895 current price 1.2860/70 I will exit when Ma signals to. Dave A good mid term position would be short now and s/l ...

My trades by Dave

I tried to go long right befor news. I started trying to place entry 3 min befor news. But platform lag wouldn't allow it. I spent too much time waiting for the click to open the trade window, and waiting for my curser to show up in the s/l box. ...

My trades by Dave

price trades 1.2785 after thr euro came alive it dipped to the 4hr 21 ma(1.2770) wich was the 38.2% fibo of the current move up. The 4 hr ewo is signaling buy and cci is close. on 1 hr chart ewo and cci is near a sell signal. Judging by the 4 hr ...

My trades by Dave

but if your right itme, then 1.2695 support won't be broken for a while. Good place for a s/l on a dip. Dave

Low Risk, High Reward Trading Experiment

the thing is I can agree with its projection and the current wave up is a wave C in a correction to the down move. but either way is possible Dave

Low Risk, High Reward Trading Experiment

exit 1.2798 +56 pips I dunno how far this will rise but this looks good to me. retrace from the 1.2910 start. 1.2786 38.2% 1.2812 is 50% 1.2835 61.8% 1.2865 76.4% I am expecting this leg up to be wave C of a wave 2 in a down trend. As long as 1.2910 ...

My trades by Dave

long signal 1.2742 daliy pivot is 1.2728 cci is on 0 line and ewo crossed 0. s/l 1.2690 Dave

My trades by Dave

price:1.2737 waiting for a rentry on the short i closed last fr. Price is in a correction. Still could rally back to 1.2765 for a deeper correction, so I'll wait. Dave

My trades by Dave

I need to add to this, The waves will start on the 1 min and develope on 5 min first. wait untill new support/resistance is establishes on these charts in a correction to the most recent direction the last large move was. and some kind of ma cross. ...

How do you trade news?

I had an Idea about trading news. tried it today on news. instead of trying to predict/guess at where its gonna go, or jump in and out durring fast movement, wait for all the worlds banks to get there orders in and the market to settle. and look for ...

How do you trade news?

Great week itme. Thanks for your input in my thread. I want to tell you I like the way you lay out your analysis. It blows mine away. Very professonal. Have a great weekend Dave

Low Risk, High Reward Trading Experiment

price could rise on sunday to retest the break at the ema's there too befor a fall. Good for a rentry point. dave

Pete's Journal

should have few more down candles too right. at least 1-2. almost always does on intraday charts I have started to trade that set up on 5 min and hourly charts as part of entry method. Great results. Nice to catch one on a daily scale. Could mean ...

Pete's Journal

exit trade for the week end...1.2725 + 40 pips. the retest here is a good spot for me. don't think price will push further between now and 4. Dave

My trades by Dave

I will pull this trade befor the trading day closes for the weekend. Too much happening in the news. will reavaluate an entry on monday price trading 1.2734 now and moved s/l to b/e till I pull it. Dave

My trades by Dave