T's Journal

[bredin]

Tman, for me on that chart (without too much looking into it) it seems that the buy signal was at 121.56 ish, looking to profit about where your buy line is roughly @ 123.80.

Next buy after that at 122.90 target at about 124.25.

Mabee Im crazy

Cheers
G

[tmanbone]

Welcome bredin, yes looking at the charts after I drilled down to the four hour, I can see my mistakes. I traded that one off of the daily, before I drilled down. Thanks for the help, I appreciate it.

[tmanbone]

Looking at longer term. Set up text alerts here.
http://www.alertfx.com/admin/types.asp

[bredin]

Targeting 1.3490 or so? Or 1.3520 ?

Cheers
G

[tmanbone]

Looking to take out 1.344

[tmanbone]

Consolidation and another leg down? 50% retrace? COT is showing record level of net shorts in the Euro. No one left to short? Beware.

[tmanbone]

I will be editing my trading plan. I've decided staring at a computer screen for 5+ hours everynight after work....., well let me just say there has got to be a better way.

[tking]

Very nice S/R trade. Can you tell me what is "COT" that you said is showing record level of net shorts? Thanks.

[tmanbone]

Interesting E/U tagged trendline to the pip before downward move.
COT = commitment of traders : http://www.cftc.gov/marketreports/commi ... /index.htm
Study this site: http://www.timingcharts.com/index.php

[bredin]

Pity that trade got tagged out with a false break to the upside

G.