Here is the 4 hr chart I am looking at for these sudden entrys. This was a retest of highs on top trend line. I am expecting it to hold in the trend linse and target the bottom. Dave

My trades by Dave

short eur @ 1.2120 s/l 1.2140 target: 1.2075

My trades by Dave

pt: 1.2120/25 +15 pips

My trades by Dave

Your welcome and I'm glad I can be of help. Dave

My trades by Dave

Long eur @ 1.2105 s/l 1.2080(just below pivot 1.2082) target open Dave

My trades by Dave

I am just waiting to see how far this goes. USD gained jpy its pulled back now but the eur rally probly won't go past 1.2135 I'll wait for now. Dave

My trades by Dave

Well I am not sure I am counting right. Its in a side ways pattern and we can be seeing an e,f,g/x,y,z, type of count. But since the market can only do 3 things( up, down, sideways) and going side ways now then up, and down is the only thing left. ...

My trades by Dave

Here is EW count on 4 hr chart... Reason I don't trade now is breaks of support/resistance/pivot has gone nowhere. I almost entered on break of pivot but didn't. Mabe if it gets down to that bottom trend line I'll long on a bounce. Dave

My trades by Dave

Yea but on the weekly chart It could go down as a wave 3 at any time.(a break below 1.1864) I agree though it looks like on the 1-4 hr charts as this side ways action is wave 2. A break of 1.2135/40 sustained would be confirmation. But wave 2 can ...

My trades by Dave

1.2051 is daily pivot I will short on a break there or long on a bounce. Dave

My trades by Dave

I am experimenting with the trailing stop. I haven't used it untill 2 days ago. I want it to be at a spot to minimise losses on a head fake like the break up was,but still keep me in for the real move. And be able to place a trade above/below ...

My trades by Dave

zig zag triggered both trades. First was the long...trailing s/l hit for -10 pips. shourt trade trailing s/l hit for +1 pip. It didn't have a good strong follow through on either. Bias is down for now. Looking for a break of last low point or break ...

My trades by Dave

Actually I sit down to trade at the end of US session @ 5pm EDT. I have a day job. But best time to trade is london session but I cann't be awake all the time for that. I set the alarm this morn for it though. There not just one book you can read I ...

My trades by Dave

I remain neutral about both directions(emotionless).Up is just as good as down at this point. All my trades are on a real account, I dunno if thats what you meant. If I post a trade then I am pretty confident in it. If that confidence changes I'll ...

My trades by Dave

FYI...100 day MA is at 1.2153 on the daily charts. Hoping for a break above that. Dave

My trades by Dave

I am looking at the daily charts and the eur/usd looks poised for a serious move up. But so many times it gave this same head fake. Trend is neurtral but RSI on daily testing 50 line. The RSI cross over 50 line on the daily chart is a huge up trend ...

My trades by Dave

I have market orders for the 2 trades which ever way it breaks.

My trades by Dave

I will short at 1.2087 s/l 1.2109 target open....trail s/l 10-15 pips Or long at 1.2125<-------edit change long entry to 1.2125(1.2121 was the resistance on Oct 16th) s/l 1.2085......but thats a big s/l for me so I might not put it there(its just ...

My trades by Dave

Trade pulled at top trend line(1.2035) befor I went to work. I wasn't here for the break out. +75 pips All those dollar bulls got stopped out on that one. I would now go long if it breaks past the last high point and go short on a failer but keep ...

My trades by Dave

Here is another chart 1 HR on the entry. Stochs turning from over sold and RSI above 50 sugesting a retest of first trend line top of the wedge at 1.2000. A break above 1.2020 targets top trend line at 1.2050 Dave

My trades by Dave