PA, S/R, ZL, EXTREMES & MOMO

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es/pip
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Postby es/pip » Tue Feb 22, 2011 11:29 am

this eu is crazy lately

guess it has to do with the eq mentioned above

-------------------
missed all that eu move up

set up ok on a h1 increase in momo and rat out of it but i was in the GU and missed it

not sure i would have got all that spike i oprob would have been out back into that h1 momo down area


long pound off that m15 momo and demand area on m15

targ is the .6205 breakdown area

stop is pulled in now under this last pullback



also looking to get long EU back into this H! momo up

may also trade it short back down into the breakout area
Bend over and assume the position for another 4 years of hope and change.

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FXfreak
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Postby FXfreak » Tue Feb 22, 2011 11:31 am

thanks es/pip! are you trading gbpusd short now? i saw a big order coming in at the m5 momo...

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es/pip
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Postby es/pip » Tue Feb 22, 2011 11:32 am

gu

Image

Image
Bend over and assume the position for another 4 years of hope and change.

FXfreak
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Postby FXfreak » Tue Feb 22, 2011 11:32 am

thanks es/pip!

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es/pip
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Postby es/pip » Tue Feb 22, 2011 11:35 am

no still long gu

that was m5 momo down but look how that m15 closed

very well could tank still

but still long biased

not going to short it but will take off long under the last pivot

if i get taken out i will look to get back long into the h1 momo up
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Tue Feb 22, 2011 11:50 am

long eu with 71 targ

little m5 increase in momo
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Tue Feb 22, 2011 11:51 am

a little risky all the way up here

tight stop at 31 -6 or + whatever that is
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Tue Feb 22, 2011 11:52 am

71 area is the breakdown of that supply area on h1
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Tue Feb 22, 2011 11:56 am

just bailed on gu

didnt like it going down when eu was ripping
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Tue Feb 22, 2011 11:58 am

out on eu + 32
Bend over and assume the position for another 4 years of hope and change.

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