Day Trading the Trends on Wednesday, Feb. 6th

The anti-timing the market strategy,

only interested in watching for changes in trend.

(still just day trading 4 pairs) 

Beginning with the EUR/USD, the day is trending BEARish so far :


Inversely, the USD/CAD is currently trending to the up-side, ...

still respecting the Daily MedianLine :

BULLish into prior SUPPORT :

We’re basing at lows on the GBP/USD :

convergence at lows :

On the USD/JPY, BEAR pressure & convergence at highs :


I like when we get convergence, it lends itself to good entries on trend changes *or* ...

nice pull-backs for trend continuations.

It’s 8:30 am in NY

Have a good day wherever *you* are in the world ! 

✿❀ Lisa ❀✿

Views: 61

Comment by Lisa on February 7, 2013 at 3:20am

Today ended-up being pretty lack luster

I held the EUR/USD all day for 15 *pips* ...

I sold the USD/CAD BEAR cross back into SUPPORT for 2 *pips* :


Price is still basing on this Daily SUPPORT ...

which ended-up being the story for the GBP/USD, as well :

Hopefully there’ll be some more trading tomorrow.

10:20pm in NY ~ Good (-.-)  ZZZzzz

Comment

You need to be a member of FXstreet.com Forex Social Network to add comments!

Join FXstreet.com Forex Social Network

Photos

  • Add Photos
  • View All

ChartAccess 20% OFF

© 2013   Created by FXstreet.

Badges  |  Report an Issue  |  Terms of Service