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- CharlesSA replied Jun 13, 2010
Hi MktScape Please can you let this dummie know what RNs mean
I have the others figured
ThankTrend Trading All Pairs
- CharlesSA replied Jun 12, 2010
As per my previous post, the EU tested my 50% level and retraced 100pips just to crawl back slowly till market close. If you look on xe.com you will see that price has fallen 47 pips to reflect a value of 1.20610. This retracement has run its course ...
EURUSD
- CharlesSA replied Jun 12, 2010
Search for "MArketPRice" indicator...it gives you exactly that info. As for a ADR indicator that actually shades the graph...any one have one? I have searched high and low and cannot find one. a Visual example is here: url
Daily Range Indicator
- CharlesSA replied Jun 12, 2010
Welcome to sunny SA Micho! Hope you enjoying it so far. Perfect place for forex trading
- similar timezone to uk but with much better weather and scenery!EURUSD
- CharlesSA replied Jun 12, 2010
Forgive me if this has been asked and answered previously Dan. What risk do you normally use per trade? I would think that considering you are relying on larger movements in the trend that you would consider putting more than 3% at a time? Just ...
DanUK Trend Trading Journal 2010
- CharlesSA replied Jun 11, 2010
Shorting opportunity on EUR/GBP... over-all trend is also down. Looks at how she ran up today!
EURUSD
- CharlesSA replied Jun 11, 2010
Possible today still I reckon. 1.2085 is a support area that will slow down the progression a bit.
EURUSD
- CharlesSA replied Jun 11, 2010
That was my brick wall as from previous post. Heading south from here IMO.
EURUSD
- CharlesSA replied Jun 11, 2010
Fibo of 50% and Round number is making it tough for this bull!
EURUSD
- CharlesSA replied Jun 11, 2010
Forexmick... are you still on holiday or are you no longer continuing with this thread?
Please continue!The ForexMick Trade Journal- Jacko style
- CharlesSA replied Jun 11, 2010
Hi Dan. Newbie here
Your reasoning for shorting EUR/USD, is it because it is close to the 50% fib of roughly 1.2145 as well as being almost on top of round number 1.2500? I am trying to learn your methodolgy and hope you don't mind me bouncing ...Trend Trading Chart Thread
- CharlesSA replied Jun 11, 2010
Not sure if I did it correctly, but 1.2146 is roughly where my 50% fib level is...only a few tiny pips away from round number 1.21500. I see this as a major resistance. My view is that if price closes above this level then it will retrace further to ...
EURUSD