Its been doing that for three days...rather revealing...the banks want it to go north..and I am screwed as they take out the shorts (me) the daily CR has not reacted yet...(read walterjennings recent post for some inspiration) two outcomes can happen and I only have two days to cut my exposure in half for the NFP...the 50% retrace can occur now or this is simply an elbow (Joe Ross) no biggie...but i wanted 17k to trade live in the journal damn it... I have been through this with the EUR/AUD before with a larger account fifo (will I ever learn?) and it is all too familiar to me...be careful trading high ATR pairs, is my advice... I rolled the dice, I am losing this one thus far...(have you read the trading can be "not Gambling" thread?)
Now that I got it working, maybe too late, but this is a work in progress... Bounce off every yellow line
This resembles John Arp...very familiar... can you turn that arch around...hehe...but seriously think about it and visualize it...it says just as much with these current patterns...
Understood. I will be compiling my EOD and intraday data tommorrow night so I can begin some system logic in WL, ATR will be on the list.
awesome... it's like this... when wrestling...you have weight classes... our edge will allow us to survive against heavies... Banks agenda's and News are the wild cards...This is Forex...
Good thing you reminded me. Some good reading, http://www.esignalcentral.com/university/esignal/addons/arps/sigma.asp We use actual, historical is next so that the bands don't change shape in real time (historical). How much do they charge for that? too much. Again, I digress! Back to WL.
you know... we have all we need here.... Demarker CR Confirmation Brilliance one thing missing...STOPS
ummmm. Is it me...or is the EUR/AUD deciding something here...or is it just low volume? It has been sideways a little longer for the London open (and many hours before it) than I have anticipated...Where have the buyers gone? or have all the shorts been exhausted? Is this the pause that refreshes? or? In any event...what a miserable trade...all this time wasted...(except for this thread)