EUR/USD OK everyone... If you don't believe in market manipulation then you wern't here for the past 1/2 hour. I personally am outraged at what just happened. Personally I was in a hedge but it still took 30 pips from my days trading. I was fortunate to get back in and then a sudden drop and I got 10/15 back but not by good management but by luck. I don't trade luck, I would rather stand aside and wait for a good signal which I thought I did and then wham-o a sudden drop. I was in the right direction but this isn't trading this is a crap shoot and I will stand aside until some reasonable trading happens. [caption id="attachment_781" align="alignnone" width="300" caption="FXDMG"][/caption] Above chart is a 30 min chart. I am standing aside until I see the market being traded. By the way... the excuse for the spike was positive news on Greece. Male Bovine if you ask me. Still ticked off. FXDMG
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Friday, April 9, 2010
Forex Day Trading Room
EUR/USD [caption id="attachment_774" align="alignnone" width="300" caption="FXDMG"][/caption] Greetings Traders... I thought I would show you a different way of looking at our 5 minute chart. On the left you see the chart that I normally post and on the left you see the same 5 minute chart with Heikin Ashi candles instead of regular candle sticks. New York open in less than a hour. We'll see how the weekend will shape up. If we see a slow finish to the week, we should see a good start to next week, and vise verse. Hope you got in early today as the market had legs, and a nice retrace. Keep your eye on the 5 minute chart. FXDMG
Forex trading - live day trading course and currency trade room.
Forex trading - live day trading course and currency trade room.
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