Daily Forex Trading

[LeMercenaire]

Include the fib and it suggests a wait before any major move (not to say there won't be a small, intermediate one before then)...

EURGBPDailyincFib8thMay18crop.png (23.87 KiB) Viewed 2400 times

[LeMercenaire]

EURGBPH1aswideoverview8thMay18.png (47.82 KiB) Viewed 2400 times

EURGBPM30yeah-stillroom8thMay18.png (42.03 KiB) Viewed 2400 times

Pivots no real help - and way over the ADR.

It's an interesting one, right enough.

[LeMercenaire]

You could get a bounce off of minor support just below present price and that could be just enough to give you a small bag on the HOLO.

Maybe, lol.

[LeMercenaire]

Ah, heads-up..there's a new micro Demand Zone formed on the m5 just below price.

[achooblessyou]

H4 gives a nice overview from S+D side of the equation...

EURGBPH4overview8thMay18.png

.8750 is a nice area to look for... it seems to want to go down more

[achooblessyou]

Ah, heads-up..there's a new micro Demand Zone formed on the m5 just below price.

There was a chance of it happening there, although a weak one, but no more set up now lol wait wait wait

[LeMercenaire]

H4 gives a nice overview from S+D side of the equation...

EURGBPH4overview8thMay18.png

.8750 is a nice area to look for... it seems to want to go down more[/quote]
Yeah, that's what I was getting at with the S+D, that just seems like too much room to fall into below for now to give a major turn.

[achooblessyou]

Just playin' at the end of the day before dinner and bagged a nice handful of percents on this bounce play on GN. Looking for longs only, I went in on the close of the first bull candle off the bottom of the fib and closed at the stall just before the 50.

GBPNZDM5asquickscalp8thMay18upto50andmovedon2-crop.png

Not interested in getting stuck in anything, so haven't gotten involved in anything after that shown here.

the simplicity is beautiful when trading with any horizontal line... I've actually been taking my YM trades on the 00 level itself because I have noticed most of the time it will come back and touch after the 5 min candle close

[LeMercenaire]

Just playin' at the end of the day before dinner and bagged a nice handful of percents on this bounce play on GN. Looking for longs only, I went in on the close of the first bull candle off the bottom of the fib and closed at the stall just before the 50.

GBPNZDM5asquickscalp8thMay18upto50andmovedon2-crop.png

Not interested in getting stuck in anything, so haven't gotten involved in anything after that shown here.

the simplicity is beautiful when trading with any horizontal line... I've actually been taking my YM trades on the 00 level itself because I have noticed most of the time it will come back and touch after the 5 min candle close

i-like-simple-things.jpg (8.27 KiB) Viewed 2376 times

[LeMercenaire]

Had a look-see for evening activity and we should have watched UJ for HOLO!

Ah well.