Day trading intraday trends ...
very BULLish EUR this morning c[_] ☼ (8:30am EST), so far.
I’d like to take a look at the AUD/USD gap fill :
trading into RESISTANCE :
The Daily trend is still BEARish / inside-day consolidation :
and the Weekly has tightened-up into a consolidation as well :
I like monitoring these winding-up, ...
accumulation situations in anticipation of dramatic break-outs.
Comment by Peter jcp on February 25, 2013 at 5:05pm Some big moves for a Monday Lisa - EJ coming up to a 250 pip drop over last 3 hours and EU over 160 pips - GU and AU although not playing that much.
Comment by Sardar Uddin on February 25, 2013 at 6:14pm Lisa I love the way you have done up your page and charts :) How do you manage to put the butterfly on the chart? And the pictorial representation of the bear.....unique yet again :)
Best
TradeCuts.
Comment by Peter jcp on February 25, 2013 at 8:38pm Hope you stayed with the CJ drop Lisa - and GJ and EJ - 500 pip drops on a Monday - you can go shopping all week now ;-))
Comment by Lisa on February 25, 2013 at 9:27pm Thank-you, TradeCuts
I use Microsoft Paint ❀
Today was the day of days Peter !!!!!!!
I took 3 JPY crosses !?!?!?!?! while shopping, which is even better ツ
Now that’s the ticket ! :
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I have to get my boys & take my daughter to TaeKwanDo ~ talk at*cha later [̲̅$̲̅(̲̅1̲̅)̲̅$̲̅]٩(-̮̮̃-̃)۶
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congratulations on your high placement in recent awards. as you know i enjoy following your posts and its nice to see you get the recognition of your peers
Comment by Lisa on February 26, 2013 at 2:38am Thank-you talisman (✿◠‿◠)
I appreciate the accolade, although ...
I thought Vladimir, Haitham or Scott Barkley (to name a few) were far more deserving.
I was truly surprised !
The GBP/USD crossed BULLish & broke RESISTANCE, but was pretty much a dud :
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The AUD/USD sold-off from RESISTANCE with a big *whipsaw* ...
that didn’t actually change the trend until hitting SUPPORT.
The pair continues to constrict.
My day trading strategy is most effect having the ability to diversify ...
& take multiply pairs at one time, profiting off the pairs that actually end-up trending for the day.
I have no idea which pairs will be actively trending and which will drift.
Taking a macro view allows me the ability to diversify & multi-task.
It’s really exciting to see your ideas come together & start working for you ツ
Comment by Sardar Uddin on February 26, 2013 at 3:57am Lisa,
I totally agree with you about taking a macro view of the pairs...It does help in levelling off the trades that don't go our way.
Congrats on getting the "Most Valuable Member" :)
Best
TradeCuts
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