Trends for Monday the 25th of February

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.

Views: 334

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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Comment by talisman on February 26, 2013 at 12:32am

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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