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Davit replied Oct 17, 2012Key number is 3090 if breaks then we could be looking 40-50pip down initially We have to wait for confirmation of down move.
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Davit replied Oct 17, 2012According to Donchian- genius of trend following 3 day up move follows 1day down move Euro looks like a candidate. Just watching for signs.
Davit's Confluence Trading
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Davit replied Oct 17, 2012My buy limits are triggered on UCAD 9770 1lot 9785 1lot 97901lot 2lot waiting at 9750 to be activated if price reaches.
Davit's Confluence Trading
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Davit replied Oct 17, 2012Hi everyone! Got back from work. My buy limits are triggered on UCAD 9770 1lot 9785 1lot 97901lot 2lot waiting at 9750 to be activated if price reaches. Looking closely at AU for shorts.Maybe bears might take over once we hit 1040. Guys be patient ...
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Davit replied Oct 17, 2012Closed all of them with profit at 9838. I have more limit buys now.at 9790 80 and 2x9750 Thanks for checking my journal.
Davit's Confluence Trading
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Davit replied Oct 17, 2012Good morning Saravana I closed my short with +6pips but added more on my limit sell at 3170 Take a look at the Cad. I have 3 limit buys 9790/80 and 2x9750 Price most likely bounce back. Cad is safer buy because my broker charges very little for ...
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Davit replied Oct 17, 2012Hi guys good morning from Boston! Things I am looking. 1.AU has shoot up way too high without any retrace.As you can see from my chart retrace comes nicely back to 38.2 200EMA bounce or 61.8 I think AU has reached its exhaustion point. 2.EU 3170 key ...
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Davit replied Oct 17, 2012Hi Ciara As long as Euro is climbing its tagging others along. I am watching key area on Euro 3168 for bigger short if price reaches there.
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Davit replied Oct 16, 2012reduce your leverage.If 1 trade ate 50% of your account then your lot size is way too big.
EURUSD
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Davit replied Oct 16, 2012Sorry late response.I was watching the debate. Every trade is exposure to risk so if doesn't work no worries I just exist. About Donchian I am an Armenian myself.What attracts me about Donchian is how his ideas never died but in fact being ...
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Davit replied Oct 16, 2012Trading J pairs must be expensive specially when shorting.My broker charges arm and a leg for any J pairs.That's the reason I don't even look at them.
EURUSD
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Davit replied Oct 16, 2012I agree.But I went short since all the talking heads recommend LONG. Bloomberg-LONG -fading mainstream
EURUSD
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Davit replied Oct 16, 2012Euro short at 31 — I went strategic short on Euro at 31 and may add more shorts if London pushes higher. This is rumor,hype driven and bloom will get busted.Price hit a resistance on the left.Blue line.
Davit's Confluence Trading
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Davit replied Oct 16, 2012Good evening Saravana I went strategic short on Euro at 31 and may add more shorts if London pushes higher. This is rumor,hype driven and bloom will get busted.Price hit a resistance on the left.Blue line.
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Davit replied Oct 16, 2012INTJ INTJ - "Mastermind". Introverted intellectual with a preference for finding certainty. A builder of systems and the applier of theoretical models. 2.1% of total population.
I kind like itWhat personality makes a trader
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Davit replied Oct 16, 2012Lot of market rumors,mike heads saying the same and history shows when major sources like Bloomberg etc say BUY most likely big money goes opposite. I won't be surprised back to 28 Be careful trading the public.
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Davit replied Oct 16, 2012I am not the master but going long on end of NY coming to low volume Asia is not most opportune time for long. If you like to go long wait for Asia to drive PA down.
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