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    • T@rantula replied Mar 10, 2015

      Yes. i was waiting for pullback and it didnt happen. 70-80 % of the time i am conservative and I wait for the pullback. Thats because the price tends to range most of the time w/o strong trend momentum as we have a the moment. Unless i do breakout ...

      Spider's Den
    • T@rantula replied Mar 10, 2015

      Yes we can see that 7500 isn't so far. Now trading-wise, last night and early morning there were no substantial pullbacks. I only took GBPUSD trade. EURUSD , NZDUSD gave no good pullback. Looks like a direct fall.

      Spider's Den
    • T@rantula replied Mar 9, 2015

      The analysis is always subjective but forget all that and watch H1 chart. You need to know how to draw a channel ( red ). Look at the momentum candle which has broken through a previous double bottom. It also coincides with a previous h4 resistance ...

      Spider's Den
    • T@rantula replied Mar 9, 2015

      NZDUSD looks pretty interesting for trade to me. On the chart we can see that Ex demand zone has been turned it supply and we can easily spot a breakout point there. POC comes at 0.7405-15 zone ( H3, DPP , 50.0 fib ,breakout-retest point) and if we ...

      Spider's Den
    • T@rantula replied Mar 6, 2015

      EURUSD is in a strong momentum and even though it should reach 1.0850 i dont recommend catching a falling knife. EOD ( End of Day ) trading could give us another shot to short it higher but we need a loss of momentum and a retracement towards 1.0930 ...

      Spider's Den
    • T@rantula replied Mar 6, 2015

      Thats a thing about trade management. Thats why we need to find good Supply/Demand zones. We need to pay attention to last swing H/L or important levels. If range is too big, then we use ATR also. But usually intraday stops are app 30-40 pips. ...

      Spider's Den
    • T@rantula replied Mar 5, 2015

      Today our focus is on ECB meeting and EURUSD is expected to reach new lows if fundamentals are aligned with technicals. EURUSD currently stands at L3 level and in order to sell higher we need a pullback as we dont want to sell into support. ...

      Spider's Den