exit trade 1.2866 - 4 pips price not ready yet needs new support Dave

My trades by Dave

this hourly candle needs to break above last one. 1.2880 If it don't it might form a doji and signal reversal and need another chance to find support with out me of the trade. Dave

My trades by Dave

1.2894 might be a good target range resistance was found there. Dave

My trades by Dave

support found at 1.2863 all s/l move to 1.2860

My trades by Dave

there are 3 ema's for support (edit: on the 5 min chart). 8 at 1.2870, 13 at 1.2868 and 21 at 1.2865. agressive s/l at 1.2860 consirvative s/l below weekly pivot 1.2840 I leave it up to your own money manage needs. Dave

My trades by Dave

also hourly cci is about to break above 100 line too thats the confirmation its at 95 now Dave

My trades by Dave

euro trades 1.2871 looks like time for long trade. hourly closed above 8 ema inverted cliffhanger. enter when new candle finds support on the ema (1.2870) Dave

My trades by Dave

cool thanks, I just had my MB account approved today. I forget why I didn't like interbankfx, I'll look again Dave New pivot is 1.2843 daily

My trades by Dave

the price has retraced 38.2 now but could still dip lower. But for now is looking to turn back up Dave

My trades by Dave

yes it is isn't it. I started posting market analysis and fewer trades cause of this. I get worried about people using me for signals and taking losses on bad trades. And they might miss the good ones. Makes you second guess yourself more. And mess ...

WaveMaster's EUR/USD Outlook

1.2860 exit....price could turn here or not dave

My trades by Dave

o yea been a while since I read it thanks

My trades by Dave

o really? I didn't know Merlin allowed any advertising at all. we certianly don't need spammers thats why I came to this forum over a year ago

My trades by Dave

the 21 sma is at 1.2845/50 range that will be the target Dave edit: that range is also the weekly pivot

My trades by Dave

been using the method over a year works well price is falling off the cliff now. Dave

My trades by Dave

ty for your insite itme, I can totaly agree with that. I am looking at it the same way. Just waiting some kind of trade signal to short on this correction. funny how the market suddenly flip flopped in the past 2 days. usually NY trends and asia ...

My trades by Dave

there are many possibilities here this range could tighten to a wedge, it could take off streight up, it could form a running flat, and more. The range can get confusing. just when you think its doing one thing chances are its doing another. its ...

My trades by Dave

well yea but 5 waves must be followed by a 3 wave correction. It confirms your views. there would be a wave x up then a wave 1 down. or a running or expanding flat while market bears and bulls fight it out. not trying to counter you view actually ...

WaveMaster's EUR/USD Outlook

current analysis remains in tact. Ranged trading for now. I took a small 12 pips last night and then wached it just keep on going and going and going. No way to have predicted that streight shot to the top of the range. That move could have easily ...

My trades by Dave

why not try looking at the "distorted wave" from 1.2900 to the current low at 1.2764 as an a,b,c, correction to that truncated wave 5. just an idea Dave

WaveMaster's EUR/USD Outlook