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AR01 Price Area Journal (Not a trading journal)


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AR01 Price Area Journal (Not a trading journal)

  #61 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
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Price broke above Res 1 and stayed above it all day. 1160 was resistance and then broke through almost up to the top of the upper zone, pull back, and then punched through.

Amazing how the market did a double top around 14:27 then slammed right down to Res 1 and then reversed back to the zone. The market does respect certain areas.

Upper zone: 1160 - 1163
Resistance 1: 1158
NYSE Open: 1157.50
Resistance 2: 1154.50
Lower zone: 1152.50 - 1149.50

Andrew

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  #62 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

Sorry, no post for today 03_18_10

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  #63 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628


Quadruple Witching = all bets are off

Upper zone: 1164.50 - 1167.50
Resistance 1: 1162.50
NYSE Open:
Resistance 2: 1160
Lower zone: 1155 - 1158

Andrew

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  #64 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

The market went to the bottom of the upper zone and could not hold at the open. Neither resistance nor the zone could hold price up on the way down. The lower part of the lower zone was a good target for me before work. Once price broke through the lower zone it became resistance.

Upper zone: 1164.50 - 1167.50
Resistance 1: 1162.50
NYSE Open: 1164.50
Resistance 2: 1160
Lower zone: 1155 - 1158

Andrew

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  #65 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

Upper zone: 1154 - 1157
Resistance 1: 1152
NYSE Open:
Resistance 2: 1147.50
Lower zone: 1142.50 - 1145.50

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  #66 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

When priced could not push down through Res2 we were off to the races to the bottom of the upper zone. Perfect final target this morning. Nice.

Upper zone: 1154 - 1157
Resistance 1: 1152
NYSE Open: 1148.25
Resistance 2: 1147.50
Lower zone: 1142.50 - 1145.50

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  #67 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

When priced could not push down through Res2 we were off to the races to the bottom of the upper zone. Perfect final target this morning. Nice.

Once price broke above the upper zone it did not come back down.

Upper zone: 1154 - 1157
Resistance 1: 1152
NYSE Open: 1148.25
Resistance 2: 1147.50
Lower zone: 1142.50 - 1145.50

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  #68 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

Upper zone: 1166.75 - 1169.75
Resistance 1: 1164.75
NYSE Open:
Resistance 2: 1160.75
Lower zone: 1155.75 - 1158.75

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  #69 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628

The resistance areas were such today with a couple of pokes below without reaching the lower zone. The third time up to Res 1 without down to the lower and it went to the top of the upper zone.

Upper zone: 1166.75 - 1169.75
Resistance 1: 1164.75
NYSE Open: 1162.75
Resistance 2: 1160.75
Lower zone: 1155.75 - 1158.75

I need to pause this thread for a short while. I will be back soon.

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Thanked by:
  #70 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
Posts: 494 since Oct 2009
Thanks Given: 400
Thanks Received: 628


Working on this.


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