Thread: Suppy, Demand and Price Action

My next commerce, we have arrived at demand (5m EU). We see a buying climax, up thrust, no demand. Short in the bottom of the no demand, stop to break even at about 10 pips profit since price seemed to be stalling at yesterday's POC. I was stopped at rest even on this one.

My third and final exchange for 20 pips.

The initial chart (5m) shows buyers, along with a bullish reaction. I had been long in the top of this test-like bar after the no provide.

The second chart shows my entrance and exit at provide. (5m)

The next chart shows I was entering off of a reaction to unfair highs, this is really a 15m chart.

Originally Posted by ;

I am jealous, wish I could do exactly the same.

How's trading dragan?

Lol covetous,I took ur advice to exit without looking in the money and pips based on chart

im ok I shorted eurousd somehwere around where it's currently,

Theres lots of exhcnanging happening,but there lows go lower than the previous,the highs also,but I see it rising up,dont know the reason,the probably aren't out yet

Originally Posted by ;

lol covetous,I took ur advice to depart without looking at cash and pips based on chart

im ok I shorted eurousd somehwere around where it is now,

Yeah jealous since I believed I did not have the time but I'm finding it more and more nowadays as my new schedule sets in.

Just moved my stop to BE when price struck the POC of 1/19/11

Ru still functioning 5 times a week?

I reckon u need to study more,less forex,therefore u can finish ur college and get a job

Shorted about the mushroom,with 4k lot,using 25-17 sltp

My schedule only changed once again and it's much more balanced than it's been.

I just work 25 hours each week now. MWF 8am-1pm and 2pm-7pm on the weekends. Courses start at 4:10pm weekdays and at times run to 6pm occasionally to 9:30pm.

Next quarter I just need 2 classes then I am done. I begin this summer training with a FA firm.

Since I have Tuesdays and Thursdays off I can take some active trades. Also on the nights I am done with class by 6pm I would find an Asain session commerce here and there. I will ch afternoon trades during the week after work.

It's kindof fruing to wait for these 2 classes but they're just offered in the spring.

Still at the brief, price is bouncing from last week's high. My stop is at BE and I am willing to hold it for however long even over the weekend who knows. I'll probably be ceased at BE though.

Great news frankn,now u can focus on investing more
eurgbp isgnt going nicely,it better return,otherwise I lost lots of money

Short