Search results

second target hit and filled 7:1 reward to risk

this market is building a very explosive bullish pattern... Im still short on er2 but when we start getting to these key levels and I see buying come in... you best close out or be prepared to get run over... Here is an update on the projected forecast from earlier... everything coming...

second target 745.50 third target 743

out at 748.70 on first target slippage up to 49.... stop moved to BE at 752.50

first target 748.50 4 to 1 reward to risk at first target.

diipping my feet wet short er2 752.50 stop at 753.50 small small size target retest of lows

getting interested in a short on er2... not diving in yet.. lunch time grind migt take it a bit higher.. Im looking at 754-755 area for a low risk short for a move to new lows..

I already trade the cable and the eurusd but looking to add a couple new pairs to my plan. I have looked at the GBPJPY and it looks pretty good. Any other suggestions for some pairs that move fairly well throughout the US trading day?

yep pretty much sitting on my hands... only had one short today on the es so far and a couple on the er2.... This is what I am looking for if I could tell the market what to do :)

anyone want to give me a count on the eurusd? just looking for other interpretations.

ya take fib tool and measure from low to high swing and vice versa for a short. If you have confluence in these areas can set up for some really nice R:R trades. I have a lot of reasons why I think it works so well.. but I have no proof. I believe its where big funds and insti's think the...

Cant tell you how many arguments this has caused.... she stopped complaining once the money came rolling in :)

Looks beautiful.. dont forget the bullish hammer at the low as well as the double bottom that was put in place. This pattern overlapping the higher level 78.6 retracement leads to a high probability of continued upside. At a minimum up to 1475-1480. You can see the trendline lined up as...

monthly chart potentialy setting up for a climatic wedge after hitting key support on thursday. One last run for this bull market into the new year? This is very prevalent in major tops and bottoms. I have shown examples of this time and time again on intraday charts throughout this journal...

UPDATE ON EURO... weakness came in a big way to the exact tick of the major resistance. I am now fully out of my euro long position and am now short atm calls. Market is trading right in support now at 1.4800 so I wouldnt be surprised to get a rally up to retest the high before continuing...

Update on euro... This last spring took it right up to the main resistance. This is where I get agressive looking for a reversal bar because this is where the best R:R is. MINIMUM target is 500-800 pips from this zone. 1.4460 area is what I am looking for to take first profits. There...

lots of monitors... and only 2 high probability setups.. :) Trading is exhausting at times.. ill give you that. Happy turkey day.

mbusch... you should watch this trade on the euro.. These are the best trades you will ever get in the markets IMO.

update on euro.... Everything coming together beautiful.. market trading into new highs right into the zone with a lot of confluence... areas to wach are 1.4895-1.4929 for possible major trend change.. Watch the daily chart for a reversal bar to look for intraday trades to hold for...

I didn another load up the boat short at 1433.50... nice buschy.. taking most off here 29 just letting it run for a big run..