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- ferndog replied Apr 2, 2009
Just like you said prices were bouncing around the same area for 2 hours & that meant in this case that the price was having a hard time going down because if you notice the candles had longer lower wicks. So the shorts were having a hard time ...
Trading using Murray Maths and Price Action
- ferndog replied Apr 2, 2009
Went short G/U at 1.4720 TP at 1.4794
Trading using Murray Maths and Price Action
- ferndog replied Apr 2, 2009
Bounce off 4/8 1H. Daily is up look for a dip in price then go long.
Trading using Murray Maths and Price Action
- ferndog replied Apr 2, 2009
E/U will get out either at 1.3474 or 1.3458. So either +30 or +46 pips TP
Trading using Murray Maths and Price Action
- ferndog replied Apr 2, 2009
Correct simple bounce that's all
Trading using Murray Maths and Price Action
- ferndog replied Apr 1, 2009
I guess you are looking at the hour chart and those will repaint often. Yesterday the Nzd/usd hour chart repainted after that big down move. The higher TF will can take even a month or more before repainting.
Trading using Murray Maths and Price Action
- ferndog replied Apr 1, 2009
I think it will have a hard time going any lower than 1.3100 so i am staying to the upside for now.
EURUSD
- ferndog replied Apr 1, 2009
G/U short trade for me. Last few 4 hour candles have pretty high candle wicks so the longs are not holding. Maybe will try for 50 pips.
Cable Update (GBPUSD)
- ferndog replied Apr 1, 2009
Looks like G/U is going down from 1.4300. First target 1.4252
Trading using Murray Maths and Price Action
- ferndog replied Mar 31, 2009
I think E/U goes up. The Dow i think will hold well above 7000 helping the euro go up. The yen is weak. Then some news later today from Japan might weaken the yen even more. I would only go long with E/J G/J U/J
EURUSD
- ferndog replied Mar 31, 2009
Still in this E/J short. If the hour candle goes higher than 131.55 i will get out i think. The last 2 highs on the one hour hit 131.55. Then we have some news coming out of Japan later 2day that might not be good.
Trading using Murray Maths and Price Action
- ferndog replied Mar 31, 2009
I'll be keeping a close eye on it 4 sure.
Trading using Murray Maths and Price Action