Goldmine!

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

  1. Good Morning Traders,

    News to come...

    Here is a view of the EU. Price making its way lower, but has run into some buyers...long tails on candles. Gotta watch what happens here as price might have to zoom through if it wants to go lower...then there might be a bounce and a fall further unless it just falls hard right after the zoom. Look left...a tough area to clear.

    Take your time,

    FX4Newbies
     
    #481     Mar 10, 2011
  2. Weekly updates are now posted on the blog.

    FX4
     
    #482     Mar 12, 2011
  3. Good Monday morning trades,

    Showing a simpler chart for a change. Decided to take the pivots of the extreme swings for my pitchfork. Surprise...price landed at the ML. Price could fall from here, breakthrough and go higher or roll. No tell at the moment, but its gotta say something, sometime.

    All the best today,

    FX4
     
    #483     Mar 14, 2011
  4. Hello Traders,

    Have to be out early today. Wish you well in your trading. Will see how things went when I return.

    FX4
     
    #484     Mar 15, 2011
  5. Back a little earlier than expected.

    Here is a current view of EU. Gave a bounce from blue HL. Meeting some sellers. Let's get a tell from here. Missed the launch.
     
    #485     Mar 15, 2011
  6. Hello again,

    Thought I would show this in context...a little more of the picture. Price has made a lower high overall, but the local action is...higher high and higher low. Until some major support is taken out, the buyers can jump on board again. Be watchful and patient. Lots of news to come as well. Price is showing weakness...just don't be in too much a hurry to assume anything. Always let price talk first.

    FX4
     
    #486     Mar 16, 2011
  7. EU made a higher high. News to come...anything is possible. Keep an open mind and trade what the market shows.

    FX4
     
    #487     Mar 17, 2011
  8. Price still pushing. ML might be a target...or at least it might try to get there. Remember Newton's First Law...things will tend to continue....unless another force is applied to change the direction it is on...Still making higher highs and higher lows: buyers are buying, sellers only get "shallow" retracements to pick up more buyers. Don't be fooled.

    FX4
     
    #488     Mar 18, 2011
  9. Update: Weekly wrap-ups are now posted on the blog, Pitchfork Goldmine!

    FX4
     
    #489     Mar 19, 2011
  10. Hello traders,

    This was a signal that I sent last week. Price did make the target...only one chart can be uploaded per post. Was actually on Usd-Cad. Will be interesting to see what I will spot this week.

    Have a good trading week. Beware of volatility in the market. Lots going on.

    FX4

    P.S. My 30-Day Trading Improvement Challenge seems to be paying off and getting me back on track :).
     
    #490     Mar 20, 2011