Yea but this time I only go 3-5 pips in the neg. Instead of 20. I remain optimistic with the indacaters. Dave Is the new chart colors better to see?

My trades by Dave

Here is a 30 min chart on my trade. The pivot line is showing divergance and so are all the indacaters. 8/13 is about to cross too. Dave

My trades by Dave

Entry: long eur 1.2002 s/l 1.2080 target open Yesterday was a good test of a trader. I was so ready to pull out when it broke below 1.2000 but I waited and it paid. While resistance/support holds in the current range I will go long at the bottom as ...

My trades by Dave

trade complete +46 Dave

My trades by Dave

here is a chart on the curremt position. Dave

My trades by Dave

Good question. it could go either way right now. Its like poised and ready to burst. You could hedge the position and place s/l just out side thr current range and leave the orders open. I would be happy now to just break even on this though. But I ...

My trades by Dave

Thanks Lou for putting it that way. I tend to view my pair with blinders on. That explains alot. Your right. its kinda like a sideways trend with a slight upwards angle.Or even a large scale wipsaw action. More likely on the e-wave note: its probly ...

My trades by Dave

Hey Greg thanks for your responce to my post. On my current trade......The dollar index dropped today and oil went up. The eur should have gaind ground against the dollar, but I don't know why it didn't. The price is currently below the new days ...

My trades by Dave

Here is a chart on my current position. I circled the indacaters that confirm trade direction edit:Target 1.2070....This should find resistance at 1.2076 Dave edit: 55/89's are about to cross, 8/13 and TSI are bouncing off signal lines, price is ...

My trades by Dave

I went ahead and entered at 1.2024. Same s/l Dave

My trades by Dave

I was. Thats why Almost all of my system is based on fibo calculations. fibo pivots fibo bolli bands 8/13 ma cross are fibo #s My current entry is just above the 38.2 fibo of the move up. As long as the price holds above 1.2000/09 range the trade ...

My trades by Dave

Lou, I am using williams to show buying/selling poewr. But I am not yet sure how effective it will be. Looking at the charts above williams looks more effective durring an up trend. I tried to get away from indacaters and just use e-wave and price ...

My trades by Dave

picking tops and bottoms — Hi Greg, I just wanted to add my 2 cents on this one. They say "you cann't pick tops and bottoms". Well every time you enter a long position your assuming there is a bottom in place and you probly placed a s/l beyond ...

Greg's Journal

The above chart is 1 hr chart. Here is a 4 hr chart for my possible target. I am using the bolli fibos, true streignth index(TSI), and 8ma, 13ma cross. I changed my 7/10 to 8/13 because there fibo #'s. I changed the 89/144's to 55/89's and any kind ...

My trades by Dave

Hey guys. Here is my current order in the market. entry long 1.2013 s/l 1.1980 target open. I am trading off the daily pivots. The charts are cmsVT charts. The pivots are the fibo daily pivots. At the change of each day 5pm est. I place a new order ...

My trades by Dave

Hey guys, I have been working on a new system. I am almost finished. Sorry for not letting you guys know this befor now. I lost alot durring the first couple of months of the new year. So I stopped live trading to protect last years profits. Untill ...

My trades by Dave

here is the chart on the above trade. Dave edit: sory about the screen shot. I dunno what happened there.

My trades by Dave

s/l was hit at break even the following day. I am now long eur @ 1.1913, s/l 1.1975 target open. I will post the chart in a few. gbp/usd looks to be in the wave C on the last chart I posted. Long position would be good there too. Dave

My trades by Dave

moving s/l to break even.

My trades by Dave

Here is new chart on eur trade. Holding at 1.1880. Finding support it is in a triangle. It could drop or retrace. I'll be waching for retest of the low. Dave

My trades by Dave