PRICE ACTION

PRICE ACTION

czwartek, 28 lutego 2013

poniedziałek, 25 lutego 2013

Beautiful Gartley didn't give me a chance to enter today. The only good entry was on Friday. Reasonable target of aound 100 pips.
On the short term basis I did fight the existing sentiment all day to achive just 0,3%. Not proud of myself. And btw, I should have taken short 1,3310 twice!

środa, 20 lutego 2013

Couldn't resist FOMC scalp... just another +0,24%...
Weekend already?
Trading summary:
Monday, despite of small range +0,24%
Tuesday - trading the range 1,3300 - 1,3390 with losses
Being stuck with short bias missed nice Asia open long
Shorted 1,3435 for overnite TP
Missed to short double top
If in front of the computer - shouldn't miss long - 1,3364
another not as easy trade came @1,3385 which was 50/50 chance, cos at that point we could travel long as well as short. Good point is - there would be a long entry after SL most likely. Day's sentiment was on my side, but US market was opening so we could expect reversal or continuation.
Overall as of Wed. evening, day trading is over with this week's profit of 1,78%
HS EA also in shorts - waiting for a good one - maybe @ 7pm...

piątek, 15 lutego 2013

Good short term buy opportunity, maybe a bit of correction comes between 13280-1,3250 level, unless PA tells something different @ the time.
Trading today
Summary:
+0,5% for a total of 1,25%/week
Today - Friday - it was worth to take break outs contrarian style. Missed one, but took retracement to SR instead. Notice divergences on a pic above.

wtorek, 12 lutego 2013

Today +0,19% - barely minimum...
1,3500 seems a key level till which I'll have slight bearish bias.

poniedziałek, 11 lutego 2013

Not a lot going on today.
Since the morning there was a few nice technical trades to take.
As I see price as price is acting today - expect a bit more of a pullback - at least to 1,3450, or even towards 1,3510 (also fibo 38,2%), as the first place is one that amateurs play.
Additional shorting spot is below 1,3350

Trading summary today: +0,32% (0,12% above minimum of 0,2%)

czwartek, 7 lutego 2013

A bit too early taken short resulted in only 0,2% gain.
Have to look for one more trade today.
Right now, if the strong momentum can bring us to 1,3600, will be the place to look for reaction.
I believe price will give a chance for good entry either long or short @ 1,3600

środa, 6 lutego 2013

EURUSD - where to look for a few pips today:
above 1,3550 - long
below 1,3510 - short

poniedziałek, 4 lutego 2013

niedziela, 3 lutego 2013

EURUSD trades for today.
Expect to see nice price action around 1,3580 level - looking to go long.
On the other hand I'll be watching 1,3675 and 1,3710 to take very short term counter trend trades.