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EURUSD trading
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Created: by Eric j Attachments:60

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EURUSD trading

  #121 (permalink)
Trading Apprentice
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It's now at 1.3620 level.

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  #122 (permalink)
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RiskControlMaster View Post
It's now at 1.3620 level.

Not anymore....great bounce off 1.3601's! 6E traded 1.3658's so far after a good supply & demand shift...I would like to see the 1.3670's area tested tonight.

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  #123 (permalink)
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I am now in a LONG Accordion dynamic position trade for the "6E"....entries starting at the 1.3600 level and below on this price run back to LOD area. Looks like I will be up into the night watching this trade working the orders in and out on my DOM.

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  #124 (permalink)
Sharpening mental edge
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rassi View Post
looking for support at 1.3537 until then looking for shorting opps.

Grinding towards there now....expecting a hard reaction long...might be the sunday open...gap up? looking for just under 1.3920 as the area to hold res wise to set up a lovely short worth holding.

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  #125 (permalink)
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3680 could be the next resistence area.

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  #126 (permalink)
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Level reached, now will see the price reaction to this level.

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  #127 (permalink)
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FulcrumTrader View Post
I am now in a LONG Accordion dynamic position trade for the "6E"....entries starting at the 1.3600 level and below on this price run back to LOD area. Looks like I will be up into the night watching this trade working the orders in and out on my DOM.

What an excellent move last night......supply & demand shift trades can be very powerful! My LONG Accordion trade filled positions through up to 4 levels of resting orders (with trade to 1.3569) prior to the rocket ride up to the 1.3740's. I also had 4 good price swings through the 1.3600 trade origination level as the "6E" put in the bottom prior to that very strong rally......so I had a whole bunch of Accordion price cycling hits prior to the held portion of the position catching the move to the 1.3720's where trade hit final target.

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  #128 (permalink)
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rassi View Post
Grinding towards there now....expecting a hard reaction long...might be the sunday open...gap up? looking for just under 1.3920 as the area to hold res wise to set up a lovely short worth holding.

Well we got the nice initial hard reaction long hope you got into that on a 15min 2b eric?!

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  #129 (permalink)
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Near the top for today?
Anyaway we wil see on monday if the downtrend will re-start.

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  #130 (permalink)
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rassi View Post
Well we got the nice initial hard reaction long hope you got into that on a 15min 2b eric?!

60 min. bounce on the trendline , twice . Ur right , the longer tfs are the way to go .

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