Trading EUR/USD Daily Hi & Lo

Discussion in 'Forex' started by JSSPMK, Jan 12, 2010.

  1. Lucrum

    Lucrum

    [​IMG]


    stop currently at 1.4080

    edit stop at 1.4077
     
    #311     Sep 7, 2011
  2. Lucrum

    Lucrum

    stopped out while sleeping for + 19 pips only for it to take a nose dive latter of course.

    [​IMG]
     
    #312     Sep 8, 2011
  3. Joman

    Joman

    Do you also use some kind of martingale money management as the OP did in this thread ?
     
    #313     Sep 8, 2011
  4. Lucrum

    Lucrum

    No, while I have averaged into positions in the past I tend to do better with a relatively small position size.


    Short again with about + 40 at the moment.


    [​IMG]
     
    #314     Sep 8, 2011
  5. Lucrum

    Lucrum

    current stop at 1.3940



    [​IMG]
     
    #315     Sep 8, 2011
  6. Lucrum

    Lucrum

    stopped out for + 38 pips


    [​IMG]
     
    #316     Sep 8, 2011
  7. Lucrum

    Lucrum

    Oh and I have no intention of taking over the OP thread. I just used this one since it's EUR/USD related.
     
    #317     Sep 8, 2011
  8. YESYES

    YESYES

    After the EUR/USD gapped down about 100 pips it's really struggled to take back ground; currently in the 1.35's. I think there will be a bounce from here and price will rise to 1.3838 where the previous support was, and from there, price will continue in its downwards trend.

    The recent drop this morning is from the China Italy deal falling apart.

    What do you think of that analysis, do you think it's sound?
     
    #318     Sep 13, 2011
  9. YESYES

    YESYES

    Infact....You look at the stochastics, on most figures, on the daily chart it is oversold, which historically has seen at least some kind of correction.
     
    #319     Sep 13, 2011