Thanks for the reply tradethechart,
But how are your zones set up like that, stacked on top of each other like that? What kind of overlay are you doing to find these value areas?
EURUSD Price Distribution
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Re: Caution Warranted Here
UPDATE!!!
tradethechart wrote:Caution warranted at this level
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+1;
How long have you been using it like this? I know it's been a part of TS for many years now, even I though I didn't know where it was and thought much less to use it. Do you have any specific settings you use?
How long have you been using it like this? I know it's been a part of TS for many years now, even I though I didn't know where it was and thought much less to use it. Do you have any specific settings you use?
Last edited by Ali Son on Thu Oct 26, 2006 11:37 pm, edited 1 time in total.
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UPDATE: As I stated below a few days ago, we are now at the 2725 level and it is a key. I have taken profits here and will wait to see which way we go from here. I am tempted to set up shorts, but will wait to see how value develops up at these levels. I will update this weekend with an outlook for next week. Have a good weekend everyone.
tradethechart wrote:Here is an update. Watch the 2577/72 level which we are testing now. If we move above I would look for 2632 area to be tested. A move above here targets 2692 and then 2725. Keep your eye on the 2725 level, stay long above this.
Sorry for my poor updates
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