Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range PricesPosted on May 24, 2013 at 8:21am 25 Comments 5 Likes
Morning Traders
For a change today I thought I would tackle the EU differently - and show how in the dynamic market place how the price bias can keep changing throughout the main two sessions - Europe and US.
As you would expect from a high of yesterday at 1.2956 - price dropped through the end of the US session and into the early Asian session - finding a low of 2904 - range 52 pips.
Since then and over the last 6 hrs price rose back up to 2943.- 41 pips From London…
ContinuePosted on May 22, 2013 at 3:07pm 24 Comments 4 Likes
The chart above is a 3 minute over 3 days on the EJ. As I am sure you know - I am mainly a scalper and so you would expect to see me on the small frames - but I think its important to point out - that every week - I do look at my monthly / weekly charts and most days will have brief look at the "history channel" - ie…
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…
Continue© 2013 Created by FXstreet.

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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