Short EUR/JPY

The area was for the SP 500. If you look on a 15min chart over a few days you will see lot of support in this area. Clear that up for you to see it a little better.
Tradestation
 
Quote from riskfreetrading:

10:16AM: covered half of what I had for +65 pips gains. Covered at around 160.03.
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2:54PM: closed the second half of short position for +50 pips gain. I closed it because I do not want to pay interest my counterparty. But it may gap down this coming week, or move lower than current price before 8:00PM sunday when dealer spreads are back to normal.

Have a good weekend!
 
You did a nice job on the last trade, your exit level was the same as my time on the SP.

I added O/B O/S indicator to my volume indicator and it
is working perfectly with timing the trades. Even in the chop at 10 am

:cool:
 
Quote from TRAS:

You did a nice job on the last trade, your exit level was the same as my time on the SP.

I added O/B O/S indicator to my volume indicator and it
is working perfectly with timing the trades. Even in the chop at 10 am

:cool:
More...

Thanks TRAS. Good to learn that you also did well. I do not use those indicators, I have a different system. I apply it to forex, and I cannot use volume on OANDA because they do not provide it. I however use volume in stock indices to understand stock market action (essentially I watch for volume extremes, as well as whether the market is going up with higher or lower volume.

Might send you a PM.
 
CMS >>Has a lot of indicators your talking about, maybe try a demo. I find a lot of new indicator not available or seen any where else available in CMS platform.

VT trader software!!! to convert to another platform

I do a search and find the match for tradestation.
 
I see a head and shoulder pattern on the E/J same pattern as the us indexes. It is a inside bar on the daily chart so it is range bound. 159.125 area to watch

10:39 am area did not hold and no buying coming in at this time 159.747 area

Key Pivot point
 
The weekly chart shows more weakness in the Us markets because it retested the weekly lows and is heading up look at that bad ass hammer. Watch this level carefully>>>>>>>Highs at this level on the weekly! It will retest the high next week. Sorry guys no more cheap gas!
 
We are talking about oil prices, gas pump don't reflex this price change for a few weeks.

I don't believe every thing that is on the new either.
 
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