Intraday FX Player
- Thread starter CFerret
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I agree with Baron about 15330 area....but I also see 15230 as the extreme....all part of the single big wave down...if it hasnt bottomed yet. and what magic says as well....the holding line critical is at 15380 (84) area... and comes from old lines connecting march 23 bottom,may 6 bottom.
Euro needs to get above and stay above or near 15450 for the next day or so and at least slide sideways to move beyond this down channel.
Euro needs to get above and stay above or near 15450 for the next day or so and at least slide sideways to move beyond this down channel.
Long 760, cover800; the the price had since touch 816 and reached the trendline show on the chart, 2nd peak of this up bust, and also develop into divengences in all 3 of the indicators I used.
Exit quick coz the entry wasn't good, don't want my B/E stop taken out on this retracement, also, I want a confidence boost first thing in da morning. Was trying to get in at 755, but i didn't turn the +5 limits off. a little bit too quick in entry, ented up on 760.
The reason on the entry, double bottoms on 5min TF, with a bit of a divengence everywhere, that's looks like I found the daily bottom, indeed I found it. would still get out on the divengence on the next peak anyway.
Exit quick coz the entry wasn't good, don't want my B/E stop taken out on this retracement, also, I want a confidence boost first thing in da morning. Was trying to get in at 755, but i didn't turn the +5 limits off. a little bit too quick in entry, ented up on 760.
The reason on the entry, double bottoms on 5min TF, with a bit of a divengence everywhere, that's looks like I found the daily bottom, indeed I found it. would still get out on the divengence on the next peak anyway.
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