By Fxwhitebelt on Mon, Jan 21, 2013 at 19:44
EURUSD Tested near term support with an indecision candle on the daily chart above. On a zoomed out hourly chart above there appears an obvious uptrend with a divergence on the stochastic. The USDX (red li...
By Fxwhitebelt on Sat, Jan 12, 2013 at 20:42
Up and down last week, although ended net positive. Premature short on a wolf wave formed on the 4hr chart that never confirmed, and then continued up. Very silly loss of 30 pips. Anyway, plan for ne...
By Fxwhitebelt on Wed, Jan 09, 2013 at 13:07 Like - 0 People
Still in by the skin of my teeth. Funny how my patience ran out and I couldn't wait for 1.3050. Enter and then blow me it goes down to hit it. Looks like more hope involved in it going up but sticking to my orginal analysis.
By Fxwhitebelt on Wed, Jan 09, 2013 at 11:24
Back in the market, long at 1.30727. Not the price I was hoping for but missed ideal opportunity so went long on retrace at smaller time frames. Chart a little confusing but Market structure posi...
By Fxwhitebelt on Tue, Jan 08, 2013 at 08:27 Like - 1 Person
Okay, that worked out with a profit of 79 pips. Out of market and awaiting any retracement on the 1 hour timeframe to the 1.3060-1.3050 region before entering long again. May never happen but no rush :-)
By Fxwhitebelt on Fri, Jan 04, 2013 at 21:47 Like - 0 People
First time not flat over weekend too! Against all advice I think but lets see how this turns out.
By Fxwhitebelt on Fri, Jan 04, 2013 at 21:44
On the daily time frame I think market structure has broken to the down side so will be prefering short trade set ups: However, on the 4HR chart, the market structure appears to be retracing. On drawing ...
By Fxwhitebelt on Sun, Dec 23, 2012 at 09:11
Perhaps someone could help me here. I am trying to understand USDX and EURUSD divergence. On the daily timeframe charts below there appears to be a divergence. Looking at the EURUSD in isolation...
By Fxwhitebelt on Sun, Dec 16, 2012 at 00:11
Okay, I can't just drop swing trading but I like the day trading (scalping) for different reasons. Is it wrong to do/try both? Time will tell as I am going to give it a go. For the swing, I am looking for...
By Fxwhitebelt on Thu, Dec 13, 2012 at 11:28 Like - 0 People
Well, caught 4 of those on the fall for EURUSD, thats 15.9 pips for the day. Me logging out on that as I am way to inexperienced to trade near strong news items. Good luck all, FXWhitebelt
By Fxwhitebelt on Thu, Dec 13, 2012 at 11:08 Like - 0 People
Looking for a reaction from 1.3058 (either way). Price seemed to fail to push below a 50% retracement from yesterday and possibly looking to go back up?
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