Goldmine!

Discussion in 'Journals' started by FX4Newbies, Jun 2, 2010.

  1. Closed a short trade with a few more pips...will take a break for now.
     
    #91     Jun 21, 2010
  2. The whales proceeded with a Wash n Rinse...dropped the price to the ML on the 15 (chart not shown) but hit support on 1 hr.

    Pivots on M15: (High-Low-High) 1.2439 then 1.2367 then 1.2466. That way you can draw it if you like.
    Take a look.
     
    #92     Jun 21, 2010
  3. Hello Traders,

    Just bringing you current with the EurUsd chart in reference to what we thought earlier this morning.

    Will be looking at Asian Session as we prepare for the London Session.

    Take care,

     
    #93     Jun 21, 2010
  4. Hello Traders,

    Just wanted to put my thoughts on paper. Will observe how price responds in preparation for the London Session.

    Take care and be safe.
     
    #94     Jun 21, 2010
  5. Hello again,

    Looks like the market wants to push higher. If it can cross 1.2350 that may be a good sign. Scalpers may be trading before then .

    Another view to follow,
     
    #95     Jun 22, 2010
  6. Now here's the story...the way I see it:

    Definitely see some bullish sentiment, however, price did break the trendline on this chart.

    Not satisfied that price will really take off...thinking it may fall some more. Just not sure. Also Euro news out at 4am EST.

    Will be watching to see how it begins to move..

    P.S. There was a quick bullish trade a little over an hour ago...oh well, there will be more :).
     
    #96     Jun 22, 2010
  7. Well well,

    Price did fall to WL as mentioned on earlier chart. Current view attached. I have a busy day, will post again...Pre-Asian. Observe that price never got to ML of lighter green (teal) fork...a definite sign of weakness.

    Enjoy your trading day,
     
    #97     Jun 22, 2010
  8. Hello again Traders,

    Hope you had a successful day if you traded. Attached is the chart as it stands. Not much action for a few hours.

    I will not be in a hurry to jump in...price has been falling but is trying to push back up...not too successful yet.

    Wait for price to tell you something that you recognize before you put your $$$ on the line...my 2 1/2 cents .

    Will check in for London Session,
     
    #98     Jun 22, 2010
  9. Just taking another look...
     
    #99     Jun 22, 2010
  10. ...and another snapshot.
     
    #100     Jun 22, 2010