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stevewalker replied Oct 9, 2012that will give a perpective until you create your own system. charts are more clear then here. you will definetly create your system if you stay in busines ebough long
Trading EURUSD only
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stevewalker replied Oct 9, 2012if you want to understand better whats is going on I advise you below thread. very basic charts only MA url
Trading EURUSD only
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stevewalker replied Oct 9, 2012I am trading over 5 years ( first 4 years was not so good ) I have no rule anymore ( except MM ) watching levels listening news reading price actions & patterns what I can say is, price is technical & we always have only 2 option up/down
Trading EURUSD only
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stevewalker replied Oct 9, 2012basicly we cannot say suport is working with 10-20-30 pip reject that means can be also pullback for break so we need to see formations
Trading EURUSD only
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stevewalker replied Oct 9, 2012to be sure that level is holding it we should see some formations on atleast 5 15 M chaerts & it takes time to build
Trading EURUSD only
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stevewalker replied Oct 9, 2012as soon as it is about trading & EURUSD do not hesitate to post 2 brain is always better then 1

Trading EURUSD only
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stevewalker replied Oct 9, 2012or does it try to climb over daily lower channel which is 2923

Trading EURUSD only
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stevewalker replied Oct 9, 2012so you basicly say it will break 2861 & will not go over 2908
Trading EURUSD only
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stevewalker replied Oct 9, 2012ok my suggestion is pullback from 2861 is not big enough to break it down my expectation is on long more then short side.
Trading EURUSD only
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stevewalker replied Oct 9, 20121/3 RR ratio is good but how did you determine that ratio? means why 30 & 100 pips?
Trading EURUSD only
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stevewalker replied Oct 9, 2012I will try to hold that trade open as long as until it does not hurt my account just in case of breaking 2861 & will try to find opp to enter long from reasonable level // if I see a formation
Trading EURUSD only
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stevewalker replied Oct 9, 20121 H flat top narrowing from bottom as usual it may break up or down // I like forex
Trading EURUSD only
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stevewalker replied Oct 9, 2012facts; daily lower channel broken 4 H is in down channel & at the bottom 1 H is in down channel & at below %50 level
Trading EURUSD only