Fxwhitebelt is now following FXKing
Fxwhitebelt is now following ConstarrFX
Mc900057205

By Fxwhitebelt on Mon, Jan 21, 2013 at 14:44

Eurusd-daily

BLOGGED: EUR and GBP 21/01/13

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...

Fxwhitebelt is now following skiilodge
Mc900057205

By Fxwhitebelt on Sat, Jan 12, 2013 at 15:42

Eurusd-monthly

BLOGGED: EUR 12/01/13

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...

Mc900057205

By Fxwhitebelt on Wed, Jan 09, 2013 at 08:07

STATUS UPDATE: 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.

Mc900057205

By Fxwhitebelt on Wed, Jan 09, 2013 at 06:24

Eurusd-h1

BLOGGED: EUR 9/1/2013

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...

Mc900057205

By Fxwhitebelt on Tue, Jan 08, 2013 at 03:27

STATUS UPDATE: 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 :-)

Mc900057205

By Fxwhitebelt on Fri, Jan 04, 2013 at 16:47

STATUS UPDATE: First time not flat over weekend too! Against all advice I think but lets see how this turns out.

Mc900057205

By Fxwhitebelt on Fri, Jan 04, 2013 at 16:44

Eurusd-daily

BLOGGED: EURUSD position

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 ...

Mc900057205

By Fxwhitebelt on Sun, Dec 23, 2012 at 04:11

Eurusd-2012-12-23

BLOGGED: USDX Divergence

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...

Mc900057205

By Fxwhitebelt on Sat, Dec 15, 2012 at 19:11

Eurusd-1512-daily

BLOGGED: Split personality

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...

Mc900057205

By Fxwhitebelt on Thu, Dec 13, 2012 at 06:28

STATUS UPDATE: 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

Mc900057205

By Fxwhitebelt on Thu, Dec 13, 2012 at 06:08

STATUS UPDATE: 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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