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- FXexpress replied May 21, 2009
No surprise here — There were several Morning Star formations I posted on yesterday. I had a feeling that we were going up and fast. I do not trade just on the formation, however, its a strong confirmation and evaluation tool when looking for ...
EURUSD
- FXexpress replied May 21, 2009
Smooth — I think you may have it on simple. Change to smooth MA. MK Hi FXexpress, I attached a 100SMA at a 15M chart but it doesn't look like yours. Am I doing something wrong? Thanks for the advice[/quote]
EURUSD
- FXexpress replied May 21, 2009
FYI — One last thought before I leave. This pair has got to be exausted, be carefull. MK
EURUSD
- FXexpress replied May 21, 2009
10 % — I want to make 10 % per week on my account. I trade 2 lots and pull 1/2 of it at the most recent high. That way, I am always in profit, besides, when it pulls back to the 100 SMA, like it does all the time, I can add more on. MK
EURUSD
- FXexpress replied May 21, 2009
100 Pips — Notch, But if you trade the large charts like I do and then trade the small in between, you must be prepared to have your stops at least 100 pips back. I use the 100 SMA on the 15 min for most stops if I am going to leave a trade ...
EURUSD
- FXexpress replied May 21, 2009
Draw your lines — You draw your horizontal lines of res. and support on either side and take smaller profits. Sometimes if the E/U is quiet, I sit out and watch everyone try to guess and get slaughtered. If you take your entries close enough ...
EURUSD
- FXexpress replied May 21, 2009
Example — Example of how trading 100 SMA bounces can be as long as you keep your stop on the other side of the fence. Actually, I have a small load still running from entry on 5/18, I just add lots at the bounces. This can be very deadly. MK
EURUSD
- FXexpress replied May 21, 2009
Bullish Pivot bar — There is a Bullish Pivot bar forming on the 15 min. Lets see if it follows thru. MK
EURUSD
- FXexpress replied May 21, 2009
1.3850-3900 — I am looking for 1.3800 - 1.3900 today, maybe more. MK
EURUSD
- FXexpress replied May 21, 2009
Understood — Triangle breakout, But its an aggressive mov e and that is what I was waiting for. We will get there. MK
EURUSD
- FXexpress replied May 21, 2009
Nice job — Getting the breakout now. This should finish my week for me. MK
EURUSD
- FXexpress replied May 21, 2009
New High — We will probably see a new high today. Everything points up. Ask how many pips can you make in a week on 1 pair trading only the 100 SMA bounces..... 870 and counting. MK
EURUSD
- FXexpress replied May 21, 2009
Morning all — 1.3738 survived 2 Huge hits and has demontrated a formidable support level. Take that and another bounce off the 100 SMA and you got a long.
EURUSD
- FXexpress replied May 20, 2009
Good evening — Hello and happy pips to all. I see that flag finished out for a 40 pip gain this morning. Nothing out there right now. May go long into the night but likely to consolidate.
EURUSD
- FXexpress replied May 20, 2009
well — Resistance is broken all the time in the market. Look at the Weekly. Its easy to see this MASSIVE LEVEL OF S & R
EURUSD
- FXexpress replied May 20, 2009
Sure — Its pretty easy really, there is a Weekly top at 1.3738 and if you draw a trendline on the 15 min chart, you can see the impass and since it is a valid support, you can take a trade with a very acceptable stoploss of 15 pips and your ...
EURUSD