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KzX replied Jul 31, 2015Not sure about direction, yesterday we had some clear Buy signals on H. I will change my sentiment a few times a day as usual on EU - it pays off a lot. It's still ranging. I was bullish @ 0800, bearish @ 1100, bullish from yesterday, Now we're in ...
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KzX replied Jul 31, 2015Current R range is 965-995 - if it's get rejected - short. Near 1100 R range it was 1055-1085 - passed only once, rejected instantly, then rejected multiple times - short. At 0800 your S range is 0820-0850...etc. Don't overanalyze...
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KzX replied Jul 31, 2015Yes, probably, I'm looking at it differently, first H is meaningless to me. In my view it's still ranging, it's scalping perfect. I take longer trades only when it's near decision points.
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KzX replied Jul 31, 2015Monthly is hard to predict but on weekly it's just guessing, you're missing HH, only L and HL there, Daily depends - may reverse or create new LL with one clean blow.
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KzX replied Jul 29, 2015Placed L and S at 45 before FOMC (small ones) with TPs +25 just for fun. No trade until tomorrow, let them settle down. GL all!
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KzX replied Jul 29, 2015For me it was a perfect 50% retrace (April) I don't count from top or bottom, rather S above or R below. Rounding up, next 300 below you have 0500, full swing - 300 to 800, and 50% to 650. Full mid swings on EU are always 300p +- 30-50p, depending ...
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KzX replied Jul 29, 2015I got similar scenario in my head. However when a strong trend starts it doesn't need to get back that low - 960 - 50%. After a full swing which is 300p for EU you need only 30% pullback which happened - to 020. Mid term levels are 0800, 1100, 1400. ...
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