Nice chart Peter, thanks. Regards
You found some good lines there Peter, AND you caught that GU 'DIVE' earlier today, that move was just to quick for me , even to chase it was futile !!, have to and wait for a pull pack type scenario before trying to frame a trade around that pair on the 15 min.
The pull back trade set up we spoke about Peter on the 15min after that precipitous move down worked out very well, see below chart. It was a Fx Boot Camp type play.
nice one Peter. Is your chat playing up btw or is it just the goats useless computers?
Hi Ken - useless broadband feed and computers last few days - still not right at times - but been assured broadband work as finished and back to normal ( I hope). In and out of Chat today
Keith - yes it was just a matter of time and a 25 pip pullback that could have easily been more - before the fall again. GU now on more support and looking at both way scalps until we get more clarity.
Where she stops no one knows, slicing through the muddy area on both the 1hr and 4hr Peter, need to zoom out to the 8HR ... to get a better 'view'. See Below.
HI Keith - this helps when you are just after you 10-50 pip moves - see below - continuation of first chart
Just realise keith - that chart was a 3 minute instead of early one which was one minute on different LR set up
Again, capturing some interesting price action especially if you can frame a trade around it. Patterns and market structure on both macro and micro times frames, such is the fractal nature of price.
Agree Keith on framing the action - over 160 pip drop if you could have left on from high - but 2 decent sells - 3 average scalp buys and 2 wrong scalps left me up 86 pips - so excellent compared to EU - which was difficult and AU -which I neglected - need more monitors etc
Join FXstreet.com Forex Social Network
Welcome toFXstreet.com Forex Social Network
Sign Upor Sign In
Or sign in with:
by Peter jcp
by White Rabbit
© 2013 Created by FXstreet.
Report an Issue |
Terms of Service
Please check your browser settings or contact your system administrator.