Daytrading EUR/USD

[traider]

5M in a triangle but it's getting rather late however ... in 15M no more trades for me

Not even after FOMC? It will be moving in a huge torrent. All the pent up energy, like a sex starved prisoner...

 

[traider]

short 1.17719, not too sure about this one but we'll see

It is a volatility compression before the storm. You won't get bang for your buck (spread paid to broker) trading this unless you can scalp at 0 comms

 

[cvds16]

got out for -3.5 pips, yes idd this wasn't too clever but wanted to try something out.
Overall 3 solid winners for the day and three small losers all of which were quite obvious mistakes ... so I learned some new things and it didn't cost me

 

[cvds16]

textbook ascending triangle, with breakout and pullback to breakout level again ... too bad it came rather late.

 

[Onra]

Well, if there's anyone out there who doesn't believe in market manipulation...
Down and up again (supposedly through the comments )

 

[cvds16]

1.18206 / 1.18399 are resistance on hourly, so watching those levels

 

[Onra]

1.18206 / 1.18399 are resistance on hourly, so watching those levels

Are you watching false breaks from these heights?

 

[cvds16]

yes, idd that's what I am looking for, I have 1.18543 / 1.18753 as higher levels to watch. Not too certain what's it going to be today with ECB meeting. Hoping to get 2 to 3 good trades. That seems to be the maximum I can get in one day. So patience is key ...

 

[traider]

Seems to be EUR bull, gg to buy on dips unless something drastic happens like 430 GBP news which kills GBP and drags EUR

 

[traider]

hopefully there will be good volatility and be a good day for scalping