Search results

Have to head out for a bit. Will see what the market gives us. Take care, FX4Newbies

Let us see if price finds its way to the target. Shorted earlier and made a few pips. Not as clean or early of an entry as I would have liked but I was able to find my way in.

Good Morning Traders, Price continues to show weakness. Let's see if we get our expected target...the L-MLH. Take care, FX4Newbies

Hello Konviction, Price did get a little sloppy after the ML, but it moved nicely to it. By the way, what are you using for those blue lines, pivot points? Looks like the ML began to act as a C/L. Have you seen some of my FX charts at Goldmine! using the Pitchfork? Don't recall...

Hello all, Just wanted to post how the market closed this week. Will see how it cranks up on Sunday in preparation for the London Session. Enjoy your weekend and thanks again for viewing. FX4Newbies

Hello again, ML Target hit on larger red fork. Did not mark in advance...it is almost a given (80% probability) at this point . Marked on chart with green circle for newer thread visitors. Did short and closed the trade just before the ML target. Would probably post again later this...

Getting some sell off...

Good Morning Traders, It is Friday! Attached is a chart showing two forks that caught price nicely. Don't worry about where it might turn. Just trade what you see as it shows it. It will sort itself out. Roll with it. Happy Trading, FX4Newbies

Will take a look at the market again in preparation for the London Session.

One of those touch and go moments. Trading smaller time-frames would grab some pips.

Just being watchful...as price wars, it will eventually give a clear entry. Tempted to short it but not convinced. So I must keep my mind open, until I see something that I recognize as a clear indication. Confusion in the market (mixed signals) is a condition to avoid like the plague: unless...

Here is where price is in relation to our earlier forks. Confirm your entries...resistance from blue fork overhead. Be careful.

Just posting an update...price found support again on blue L-MLH and pushed up. Will watch to see how it plays out in preparation for the London Session.

Chart update: price found resistance at red U-MLH. Confirm your entries if you plan to trade again soon.

Notice the slight adjustment in Pivot 3 of my blue fork revealing possible whale bahavior. Critical point in time as price could drop lower or turn upward. Price is right on the line here. Be very watchful!

Hello again, Just sizing up what could be a turn. Drew in a blue What If fork...just to see how the market would respond...thinking out loud with a fork. Be careful here.

Hello Traders, I was not able to post earlier as there were some technical difficulties with my internet connection. Attached is my chart catching up to price action. Will see what happens next. Take care,

Hello again, I held on...just looking at my tools etc. not the price. Another reason was that the whales showed up. Also notice price came back to test support around 1.2563 like I mentioned in an earlier post. Normally I do not hold through news (unless I was already in a position trade)...

Additional comment for previous post: I normally don't hold short-term trades through the news. Had I been in a position trade, the news would not have mattered.

Trader asked if I would let them know the outcome of my EurUsd trade. Here was my reply: Of course. That is what it is all about...the good, bad and the ugly :). Not thrilled at the moment, was encountering lots of resistance overhead. Wanted to exit at 5.00 profit, but thought I would...