EURUSD 6E Euro | Currency Futures - futures trading strategies, market news, trading charts and platforms

Currency Futures

This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section



  #1595 (permalink)

Las Vegas, NV
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Futures: Futures
aligator's Avatar
Posts: 3,422 since Aug 2010
Thanks: 1,056 given, 5,833 received

Silver Dragon View Post
Practiced some manual trades today in SIM on FX Euro. Tools used support /resistance and trend lines. My rules are: the line has to touch in 3 places and buy/sell the first new bar after the line violation. Exit when it nears /breaks a support or resistance line.

I followed the rules except for the second trade entry. Thought for sure it was going fall through after the second violation. I didnt take the trade around 2:30 EST. The bar which broke the support was just too big.

Today was the perfect day for this type of trading. Could have not asked for better patterns.


Please register on to view futures trading content such as post attachment(s), image(s), and screenshot(s).

@Silver Dragon,

Curious as to what was your exit criteria for the middle 2 trades? Where are the near/broken S/R lines? for exits?


Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to aligator for this post: