Intraday FX Player

lol, lost connection at the worst moment

 

Long again @ 43 and here we go!

 

Hehe, thats what I like consolidations for...

 

<a href="http://s288.photobucket.com/albums/ll190/baron193/?action=view&current=eur9-1.jpg" target="_blank"><img src="http://i288.photobucket.com/albums/ll190/baron193/eur9-1.jpg" border="0" alt="Photobucket"></a>

 

Yip, exactly, Baron!

 

Sometimes looking at other pairs helps also, for example the Aussie broke out to the upside with good momentum before the EUR did, that consolidation could easily have been a reversal area

 

My Stop was hit

 

How does this rate for a reversal signal CF ?

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Goodnight and have a good weekend all.

 

Hi all.
Its been a puzzle for me too ,trying to decide which session to play.
Sometimes Ive sat up all night through the euro session (midnite california time) only to get too tired to keep going... but 'knowing' that a big move is coming soon...I go to bed... and the move blasts off 35 minutes after I quit...

So Ive been trying to craft the idea that by taking some time (a few hours) to examine the next session (asian,which leads to euro,leads to new york).... I'm trying to see if I can determine when the big moves might come... in which session. I think you can see it building up.often,asian session is setting up London,and london sets up new york.,as I'm sure you know.

and if I can see the action is moving into the next session,I might try to set my clock for that time. hard to always do,and my sleep patterns are inconsistent ,but I'm working on it.

Looking now,at the start of the new week.... with euro at 15794, so close to 158, I expect the asian session to be sharp with action ,to start the week.and will really set the tone for the day,up or down. And for the Week ... above 158 or below, as a critical balance point.

where euro sits at 15794.......15800 would be a critical balance point to break through. I'm looking at a high in the 15885 area ( 15822 as a lesser high) 15843 as medium .

But below 158... I see retrace is possible to 15720 ,the critical point.... and a big down day could bottom at the 15678 area.

but if the day is uptrend,might not get below 157 70 (67).(62)

The key is how asian session opens and PA handles the line at 15800.

If it struggles a long time without breaking 158,it may be a down day toward 15720.

If euro breaks hard and strong through 158...I would be looking up for the day,into 15885 area,and extreme could pass through 159 for a while.

The CCI should be telling.
happy trading