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traderathome replied Dec 19, 2008See revised chart posted in my last reply....I edited to include revised chart.
THV system, final edition
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traderathome replied Dec 19, 2008EU 15 chart....note PA direction....note trix direction....
THV system, final edition
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traderathome replied Dec 19, 2008Scalp trade turned out to be long, but doing fine. Hitting Coral.....then last minute dash north to Santa?
THV system, final edition
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traderathome replied Dec 19, 2008Made 3rd dip to "support" area and now back above one of the trendlines....lets see where it goes.....
THV system, final edition
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traderathome replied Dec 19, 2008...a scalp, very small size, and definately demo....
THV system, final edition
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traderathome replied Dec 19, 2008Drop, climb, or flatline........? Daily range is overextended compared to average........
THV system, final edition
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traderathome replied Dec 19, 2008Great post, Ed!!!!! If it helps others, I can recommend that we look for trendlines on the 5, and sometimes may have to go up to the 15 to get them. When you see them, go to your 1 minute chart and click it to the larger TF chart and draw in those ...
THV system, final edition
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traderathome replied Dec 19, 2008EU 5 min....breakdown? Edit: Needs to break down thru that previous low....
THV system, final edition
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traderathome replied Dec 19, 2008EJ on 5 chart.....might break out of this formation. Is close to bottom of todays range of 446 pips, and with average range of only 317, a move down might be dangerous stay in for very long. A move up would have higher ceiling. This is Friday, so ...
THV system, final edition
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traderathome replied Dec 19, 2008Time for a break, been on this for the last 100 pips down. Good trading to all.
THV system, final edition
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traderathome replied Dec 19, 2008Ok, at trendline. Now lets see what happens...
THV system, final edition
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traderathome replied Dec 19, 2008Has not broken down thru trend line, but neither has it made it up thru support/resistance line......still could give a run down.
THV system, final edition
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traderathome replied Dec 19, 2008...getting some movement. Lets see if it breaks below trendline....
THV system, final edition
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traderathome replied Dec 19, 2008...consolidation....taking up time to take on positions before planned move, imho.....but, we just have to wait and see.
THV system, final edition
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traderathome replied Dec 19, 2008A break of this support line could be the start of a run down.....have to watch it.
THV system, final edition
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traderathome replied Dec 19, 2008There are times when PA ignores "logic".....central bank and large hedge fund traders need to make their weekly allotment of money, so they just whipsaw it around to do so, sometimes contrary to any logic some might be trying to apply. The only ...
THV system, final edition
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traderathome replied Dec 19, 2008Nice channel on 5 chart.....PA looks weak. It could cough up another leg down....
THV system, final edition
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traderathome replied Dec 19, 2008Now at trendlines.....lets see what it does.
THV system, final edition