Comment by Peter jcp on March 5, 2012 at 11:38am

Morning Keith - as a scalper you must laugh when I say it resting on my daily up trendline from the low of this year. Also weekly OS - so unless under 3150 - still think both way play for now - have a good day

Comment by Keith Shaw on March 5, 2012 at 11:59am

Hey Peter, yes, there's a huge 'gap' between a daily and a tick chart, you also reference the weekly, surely that's for longer term swing type trades (?) , I guess the key thing is, some how you are able to put it all together  and you have rules that you follow to make it all work.

Comment by amarjit on March 5, 2012 at 1:50pm

Great work Keith ... keep it up

 

Comment by Peter jcp on March 5, 2012 at 2:04pm

Nice 50 pip move up Keith - but did have sells in between - even when scalping - I like to know the big picture view - even if i dont always believe it!. US session hopefully will not be boring - even though it still a Monday and plenty of time for more play 

Comment by Keith Shaw on March 5, 2012 at 2:22pm

Yes Peter, a nice move up from 3159, 3186 broken and retested as support, 3211 and 3226 taken out to the upside, little bit of indecision as we await the US Open in ~10 mins.

Comment by Keith Shaw on March 5, 2012 at 5:06pm

State of play as of 5pm (gmt), Lows of the  day 3159, high's 3240, 81 pip range thus far.

Comment by Peter jcp on March 5, 2012 at 5:39pm

After London close seems to have slowed down - enough for today - time for a cup of tea Keith

Comment by Keith Shaw on March 5, 2012 at 7:06pm

Agreed Peter, just looking at price action as it grinds to a halt on the 5min as we head into the US afteroon trading session. 7:00pm gmt.

Comment by Keith Shaw on March 6, 2012 at 7:20am

Key levels for this morning a we kick of todays European trading seesion, 45mins to London open: Asian Session Range : 3225 - 3186 [39 pips]. Yesterdays Trading Range 3240 - 3159 [81 pips].

See below 30 min chart :

Comment by Keith Shaw on March 6, 2012 at 8:17am

Bearish sentiment from the first 1hr of the European open, 3208 - 3190 [18pips], 15mins into the London Open and price pushes down to take out a Key level, Asian session low of 3186, if it's not a stop hunt - fakeout, then next key levels i'm looking at are yesterdays lows 3165 - 3169, else upside targets are 3211 and the Asian session high 3225.

Comment

• ‹ Previous
• 1
• 2
• Next ›
• Page