Daily Forex Trading
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- LeMercenaire
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Re: Daily Forex Trading
The DAX has a similar profile as well but the S&P though probably not wound quite as tight.
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- LeMercenaire
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Re: Daily Forex Trading
I will be looking out for this. Very interesting...
If this doesn't run for the border overnight, then this is going to bring a happy scalping ground tomorrow...
If this doesn't run for the border overnight, then this is going to bring a happy scalping ground tomorrow...
- LeMercenaire
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Re: Daily Forex Trading
OK, got there - now what?!
- LeMercenaire
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Re: Daily Forex Trading
LeMercenaire wrote:OK, got there - now what?!
.JP225.H1gotthere-nowwhat23rd-24thOct18.png
Took a nice drop out of that Supply and then a sharp bounce back up. From there it repeated the move and we are now holding lower...
If it bunches down there, that'll give me a new entry cue.
- LeMercenaire
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Re: Daily Forex Trading
From there, the lines will lead the way...
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- LeMercenaire
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Re: Daily Forex Trading
Took a back seat on the potential CAD scalping ground that I mentioned above red news after all - I hadn't noticed when I posted that there was CAD red news all over this arvo. Saw it when I eventually checked the notes for the day ahead.
- LeMercenaire
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Re: Daily Forex Trading
Got a counter-trend double-dip entry Long on the J225. Admittedly about as aggressive as you can get and purely off the back of expecting a reaction to the earlier hefty move South. Paid off, so there ya' go.
Details:
#1. In at 21842 Out at 21910 +69 points
#2. In at 21896 Out at 21910 +15 points
Details:
#1. In at 21842 Out at 21910 +69 points
#2. In at 21896 Out at 21910 +15 points
- LeMercenaire
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Re: Daily Forex Trading
Oh and that's the H1 chart, by the way.
- Mira
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Re: Daily Forex Trading
LeMercenaire wrote:LeMercenaire wrote:OK, got there - now what?!
.JP225.H1gotthere-nowwhat23rd-24thOct18.png
Took a nice drop out of that Supply and then a sharp bounce back up. From there it repeated the move and we are now holding lower...
JP225playedoutnicely24thOct18.png
If it bunches down there, that'll give me a new entry cue.
That was a good one
__________ THE IS A LIE__________
- LeMercenaire
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Re: Daily Forex Trading
Crude trade this morning.
I set up a Kill-Zone around a DOTS cluster and waited for price to drop in.
I had originally been planning on getting in as price broke back out but in this case, nothing was on, as price continued to drop further instead.
As a result, I set up three tripwires in the box to be triggered as and when price did eventually turn...which it did and I can take the rest of the day off
Crude T60 Chart
I set up a Kill-Zone around a DOTS cluster and waited for price to drop in.
I had originally been planning on getting in as price broke back out but in this case, nothing was on, as price continued to drop further instead.
As a result, I set up three tripwires in the box to be triggered as and when price did eventually turn...which it did and I can take the rest of the day off
Crude T60 Chart
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