Trading EUR/USD Daily Hi & Lo

What do you consider the "Day" Hi / lo?

Are you using the hi/lo of a particular session?

I trade the NY session and I do look at London's Hi/lo.

Just wondering.
 
Quote from VinMan:

What do you consider the "Day" Hi / lo?

Are you using the hi/lo of a particular session?

I trade the NY session and I do look at London's Hi/lo.

Just wondering.
More...

Hi/Lo of spot & futures front month when relevant.
 
broken below support . still has a day or so to regain it but it looks suspect . assuming it doesnt hold im looking for a measured move down to the 12650 area . look to reverse from there , fibs will be the guide . first range was only 38% , second was >50% . momentum slowing a tad since the swing high on first wave down . 12650 area a double bottom from sept lows , logical support , no surprise to see resumption of uptrend from there
 

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Check out this beauty. Ninja Monthly.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3055086>

If that starts playing out in favour of the Yen, then I would think Eur/Usd ought to rise, otherwise there will be too much gain in the USD & you guys will see your inflation rise followed by increase in interest rates.

That beast of a divergence in Ninja might not be a trend stopper, yet might serve as a powerful bounce to even 100+, quick because it is looking quite compressed on this Monthly chart & 100 has been a long term multi-year support. So my experience & instinct tell me Ninja will shoot for 100 where it might get smacked real hard by Yen bulls
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Quote from JSSPMK:

-145 pips (-£689)

Now Short 1.3100 £8 per pip

Reverse order 1.3245 £16 per pip
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-145 pips (-£1,160)

Now Long 1.3245 £16 per pip

Reverse order 1.3100 £32 per pip
 
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