Posted on May 20, 2013 at 10:14am 19 Comments 2 Likes
Today is a Monday made worst by the many Bank Holidays in Europe and also I believe in Canada
Mondays are normally slow ( not always though - as the market like to catch traders out when it can ;-0 ) - and so we expect movements at the London Open - but since then it's hardly been a morning…
ContinuePosted on May 16, 2013 at 12:26pm 7 Comments 2 Likes
Images above are the UChf and the EU intraday charts for today.
As you can see the Swissy as dropped so far approx 50 -60 pips and the EU as risen approx 35+ pips.
Today they have a correlation - but normally I am not into any market correlations - simply because the players being the players know the…
ContinuePosted on May 14, 2013 at 8:01am 59 Comments 5 Likes
The chart shown is a 4 min frame of the EJ. Its shows the resistance area - with a Linear regression indicator over price yesterday and this morning - indicating price should pull back or retrace - due to being OB. If I showed you the EU same chart - we have a OS situation with price wanting to retrace back…
Posted on May 12, 2013 at 5:32pm 9 Comments 2 Likes
Study this Intraday traders results for one day last week - and then lets analyse his results and then see what we can learn from it.
1.First of all - performance - 13 trades - all entered within 8 mins in total - so he must have been doing his analysis before he entered and thought about…
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Comment Wall (36 comments)
Peter,
i think you are new in this Dr blog
have a look at the trading strgy webnair you can learn a lot and earn a lot
raj
Thanks Raj - I have been following the Doc for about 6 months on Fx street and have been in a few of his webinars and have learnt some good stuff. Still got a lot to learn but many of his comments have made me review my own way of trading - leading to improved results
its design by Jim..the video is quite informative
thanks Peter for the valuable information... :)
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