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Yeah the weekly and dailies are slow going and Im looking for the volatility like a 15 min. has . Im just looking for levels on an hourly and recently a 75 min. , finding spots to start hunting signals on the 15 min. . Seems to me that the EU and many fx pairs dont trend for long , like ES has been . The goal is to catch as much of the move without jumping the gun on the entries .
Throw some charts up and share some insight ya lurkers lol.
Can you help answer these questions from other members on NexusFi?
Here are some scenarios which i was just considering for next week .. on daily Swings we are just abv 61.8 retracement from the Swing down of dec 09 highs.. , also we have just completed 1:1 at 4041 from the daily lows .. .. So on 4 hour chart m lookin at double tops arnd at 3950ish to go short and if that break then we will have to wait for 4090ish area to look for shorts .. So to clearly state .. lookin at shorts at 3950ish area for double top on 240min charts longer term swing trade .. Or if we break that .. then lookin for longs on hourly cycle .. To run up till 4090ish area ... Again this all are just Scenarios .. which can play out .. what will happen only market can decide .. On sunday night .. Happy hunting all !!!
Looks like a gap up . 4100 is probably going to be like a magnet . Theres a news MINEFIELD this week so I reckon some real volatility will be around making things interesting .
Yup .. Here we go .. Looking to buy on pullbacks .. ! Aint keen on goin in full position .. with all the elections and fomc announcements .. But worth a play ..!!! Anywhere around 3910 will be a good place to start building .
Im glad I waited until this morning . That tail took out a couple stops I bet , the kind of bar that makes people say things like "forex is a scam" and "its unregulated stay away" lol .
Brokers like fxcm went till 40ish while pfg went till 05 mbt went down till 25ish Major reaction to something .. !!
anyways looking to start buying around 30-40ish area ..
Yes it did .. i like to have multiple feeds for fx like at this moment m using Fxcm and Mbts so if one feeds doesnt show something others do .. It helps a lot while scalping ..
I said the other day Ill start a little earlier cuz DST ended in eurozone . DUH! shoulda said later , I like sleeping and could have got more oh well .