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stevewalker replied Oct 8, 2012actually 5 15 30 60 upper channels broken. 4h hanging under 1st lower channel. today I had a loss trade with long & some longs & shorts closed with profit. currently flat. price has bounced just over my 2929 lower support. daily 3020 bounce level ...
Trading EURUSD only
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stevewalker replied Oct 8, 2012ohh BTW genious when you sell a bussines you generally sign a contract that you can not make same business for some years . mine was for 10 years so do not forget if/when you buy one to get same limitations
EURUSD
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stevewalker replied Oct 8, 2012may be Rag2RichesFX has pointed the reason 2 hours ago there was news at bloomberg about metal companys that were all red in asia. that might triggered something. but did not corolate at that moment
EURUSD
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stevewalker replied Oct 8, 2012but no major up move yes 5 15 min has bounces but > than those it is all way down when mkt is liquid TL & supports & channels work with 2-3 pip precision as you called they work like a "board game." the main reason can be low liquidity
EURUSD
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stevewalker replied Oct 8, 2012still thinking how did this happen it passed all supports & round value like a sunday walk.
EURUSD
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stevewalker replied Oct 7, 2012if you want to hedge your risk trade eg.... AUDCAD & Soybeans
EURUSD
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stevewalker replied Oct 7, 2012trading hihgly corolated instruments is risky this is all I can say.
EURUSD
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stevewalker replied Oct 7, 2012when I stuck in bigger timeframes generally miss the signes of reversals on smaller timeframes. "stuck in moron mode" I can say.
EURUSD
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stevewalker replied Oct 7, 2012sorry missed that
any way this is not competition you were right about your desecion & I was wrong I traded 1 h diagonal & failed EURUSD
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stevewalker replied Oct 7, 2012added long low risk @ 2987 price touched 1 H lover channel if it goes further down will close all
EURUSD
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stevewalker replied Oct 7, 2012but posting that info when price touch down does not mean so much
EURUSD