Euro 4-28&29-10

I think it's safe to say I have to stop trading and start sim trading at this point.

Euro Action 4-27-10

Shorted at the first bounce at 1.3297,

covered 5 ticks lower.

bought too high later after the first shakeout at 1.3293 and sold 2 tick lower.

Bought on the next shakeout (2nd move down) at 1.3291 on a bar that closed on the high and retested previous shakeout low,

sold 6 ticks higher.

Euro trade 4-23-10

I need to find out a way how to spot a changing structure before finding out by getting stopped out with real money.

Overconfidence in my understanding of the intraday structure is very hard to spot. I guess i'll get much better at it the longer I do this but meanwhile it costs me too many good trades.

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New bearish trend in Yen... what would this mean to equities, dollar, euro, etc?

Euro 4-15/16-10 opex friday

Euro 1 minute structure has COMPLETELY CHANGED since Schitty group set their long (short) entry and stop (exit):

ATR vs. Volume in Forex Crosses

Recently I've noticed that ATR can be displayed as a histogram in TOS's (thinkorswim) platform. You can't do that in stockcharts.com/freestockcharts.com etc, so I compared ATR (1) to volume in currency futures and found out the strikings similarities!

Conservatively,

VOLUME = VOLATILITY in forex.

This would be greatly benefit trading in pips and not ticks since there is no volume in forex.

Euro Action 4-14-10

Theme of the day: chop and a lot of it!

one minute there's a quick new low with bigger volatility and piercing 1min bar closing on the high,

2 hours later the same happens after a resistance trendline/spec fib break with new high of range with a 1min bar closing on the low.

Euro trade 4-13-10

Update:

Euro Action 4-12-10

Bullish signal appeared again, how many times this year already? too many.

My confidence in my own trading has really slipped since i stopped myself out on pretty bad reasoning. again...

Euro Action 4-8-10 continued

UPDATE: Finally price broke support diagonal 40 minutes later - very choppy stuff, probably a continuous structural reaction to easy (to call) tape action today.

Euro Action 4-8-10

Bullish signal appears again (inverse hammer then hammer 2 bars later)

Bullish continuation bar (2nd image): pierced new low of range (retrace of leg higher) then finished ABOVE open)

Euro Bullish Signal Repeats 4-5-10

Euro bullish signal that shows up on the 1 min chart time and time again... too bad i was 10 ticks and 5 minutes too early today to this party.