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T@rantula replied Sep 16, 2010its always good to scale out of a position when it reaches a specific level...Watch PA and MM level. For example if u have opened a position for lets say 1 lot, close 0.5 @ next resistance if the price bounces off 3 times ( 3 strike rule ), keep ...
EURUSD
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T@rantula replied Sep 16, 2010Ideal buy was and still is around 2970 level because its around 5/8 MM level and we are in an uptrend... As yesterday stops around 2939 levels
EURUSD
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T@rantula replied Sep 16, 2010Also...i want to tell traders something about Bollinger bands...If the bar/candle opens above upper bollinger band that means a continuation of uptrend despite widespread opinion that we need to sell at upper band and buy at lower band. It could ...
EURUSD
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T@rantula replied Sep 16, 2010Yesterdays volume wasnt high enough to push it up 3035, Yen was heavily bought vs $ while $ was sold off vs other pairs. Looking @ m5 MM u will notice 3039 is +1/8 while 8/8 is 3031. The current PA is trying hard to break 8/8 @ m5 chart... ...
EURUSD
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T@rantula replied Sep 16, 2010lets say the first target changed to 3040, 3092 ultimate target
EURUSD
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T@rantula replied Sep 15, 2010long — Although 3062 hasnt been hit, 3035 is good enough to push it north...I hope every1 have had good trades today
EURUSD
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T@rantula replied Sep 15, 2010John Smith's tools. I dont use all of it thou. There has been a monthly subscription if u wanna use it,but the last I have heard of that its for sale...Anyway check it out url
EURUSD
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T@rantula replied Sep 15, 2010confirmed double OBV divergence reverse bull — On balance Volume reverse bullish divergence @ H1 image
EURUSD
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T@rantula replied Sep 15, 2010the button has been pushed...I dont believe UJ will return to its 15 year low soon...87-90 on the horizon
EURUSD
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T@rantula replied Sep 15, 2010BoJ — My position ( long ) is still intact, and charts still show 3062 target. But it will be interesting to see what effect would have a BoJ intervention. USD is heavily bought vs Yen, on all other pairs U$ suffers. 3000 still proves a good ...
EURUSD
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T@rantula replied Sep 15, 2010cpi and employment that could drive the pair intraday until us session, US news will determine stock markets intraday trend after the initial impact
EURUSD
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T@rantula replied Sep 15, 2010intraday — EU is aiming for 7/8 MM line. That brings 3123 as a possible target. 3062 the first possible target then 3123. Stops around 2939 image
EURUSD
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T@rantula replied Sep 14, 2010I wouldnt go short now...Look @ higher h4 TF...It stormed out the PP
EURUSD
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T@rantula replied Sep 14, 2010no problem, i dont trade weekly and higher TFs, but if u ever trade it make sure to put 128 instead of 64
EURUSD
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T@rantula replied Sep 14, 2010exactly as on m5 entries are normalized when P is 32..below that i would avoid...looking on higher TFs ( weekly + TFs) put 128
EURUSD