We need an hourly close above 1.2750 to confirm trade. Dave

My trades by Dave

Heres chart on the wedge I got caught in..... image Dave

My trades by Dave

One thing I have started doing is putting my s/l 10pips below the level I'll post. That way I avoid getting stopped out by 1-2 pips like almost just happened. Price is caught in a wedge. As long as wedge lines hold at the bottom I'll let it ride. ...

My trades by Dave

Long 1.2746 s/l 1.2730 target open Dave

My trades by Dave

do you need a method?

What i learned today

I just left GFT. There platform started lag spiking after a few good wins and customer service stinks. Any way. Adding to a position is something thats not for beginners. Especially if you still belive you can jinx the market. But if you must ...

What i learned today

We got the bounce. Now the price should push to 1.2800 retest of the 89,144 ema seen on chart. A failer to break these ema's should give rise to a nice bearish correction to this up trend. A sustained break above 1.2800 on a 1,4 hr chart will put ...

My trades by Dave

I agree absolutely. I employ e-wave structure to my over all direction of the long/mid term and news never affects it. Reason being is technical analsys is the study of human behavior. After all it is humans behind the buying and selling. my 2cents ...

Low Risk, High Reward Trading Experiment

Here is a chart on the daily and weekly. Weekly is formed a bear signal. And stoch are about to cross down on the next candle. Daily is supported by the middle boli (21 sma on here). Macd has crossed signal line. And looking for a cross of ADX. Wach ...

My trades by Dave

Thanks man. Over all direction is looking bearish and could target 1.2650. 1st support is at 1.1700. I'll post a chart later. Just use boli bands on a 1 hr chart and wach for a sustained break below middle band. When price reaches band use 55 ema on ...

My trades by Dave

Here is something we all should read. url I have just switched my account from GFT to MG financial. GFT had poor customer service, and there platform durring volility would have cpu usage spikeing from 5% to 100% rapidly preventing you from doing ...

My trades by Dave

PT: 1.2870 +22 pips Dave

My trades by Dave

price 1.2880 Move s/l down to 1.2815 Dave

My trades by Dave

Short 1.2792 s/l 1.2830 Target open Dave

My trades by Dave

That trade didn't look like it was gonna do what I thought. So I pulled it. I am expecting a wedge to form durring consilidation and then a break down for the retest and a bounce off the retest. Dave

My trades by Dave

PT: 1.2724 +14 pips. Dave

My trades by Dave

Here is chart on entry. A cross of the 55 ma and 120 ma sustained should show the direction of the next 2 hrs movement. Looking for a retest of the low. Dave image

My trades by Dave

short 1.2738 s/l 1.2753 Target open looking for retest of daily low 1.2700/10. Then a bounce back up as people try to buy on dips. But a top is looking to have formed in the short to mid term. Dave

My trades by Dave

short s/l hit at 1.2873 -15 pips close hedge position 1.2895 +35 pips Dave

My trades by Dave

hedgeing order 1.2860 ....

My trades by Dave