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Have to let the dust settle
Well done!
FED end QE and the dollar spikes. Oh well that was my gamble play.... lol
Couldn't help myself. Went long here on EU just before the FED announcements....
Decided to just take my 28 pips on EU here. No reason to get greedy with the FED announcements just 2 hours away. I think I'm done for the week. We end the month with 106% gain and it's our largest month ever! The tech tool gets all the credit for this month...
EU to the long side is getting some love from the tech tool. Another 79% chance for success to run over 1.28. I'm in after closing my AUD/NZD long for 15 pips. I set my TP for EU @ 1.2785
Well it looks like that .236 fib level wants to act a little difficult right now..... Just gonna have to be patient again I guess....
Starting to see prices above 1.1168 now. Can we see that level hold as support??
I also set up my fibs on the H4 chart. I used the last high and low points. This last dip just bounced off the .382 retrace.
Then if you drill down to the M5 chart you can see how the TDI has reloaded for the move up. The next resistance will be the .236 retrace on the fibs (1.1168). If we can break through and use that level as support then we are in good shape, imo....
Our next entry just made using the tech tool. We went long with AUD/NZD. We have a TP set @ 1.1215. I once again suspect it may take about 2 days to complete but the tool gives us a 79% chance of success....
Technical Analysis tool strikes again. Woke up with another 40 pips in the bank but we could have had 70 pips if I used the fibs in conjunction with the tool. I'm trusting this technique more and more!
I think if it can break your stop loss level she might run.... Be ready to take advantage. imo
With my fibs placement I also use the .236 level just for another data point. In the case of NJ it is currently holding support at that level (84.82). Be careful my friend
I usually try to do the same as far as placement of the fibs. But in this case the placement of the fibs on the daily chart as I just described seems to line up a little better. Just my 2 pips worth.
Looking at the daily chart. I've been playing with this fibs. I see you took your high point from 9/19/14. But you may also want to look how it changes when you use the high of 7/10/14.
The .382 retrace is now around 85.75 or so. This also sets up as a resistance level that was old support from the candle on 8/7/14.
I'd be more inclined to go short at that point.
Just another way to look at it, imo....
I went long on it because of the tool but would be out if we break below the tunnel on the H1 chart (around 84.70).... I set my TP at 85.40.....
Technical Analysis tool has NJ long to 85.50. It also puts it's chances at 79% which is extremely high for the tool. We could go there before a drop.
It's all going to be new for me as well. I'm just sick and tired of fighting with my Windows issues. It's only been about 20 years of fixing the same crap over and over.
I'm afraid to even let my wife touch my computer for fear she breathes on it and it gets infected with some new kind of wacky BS that takes a 3 day overhaul..... lol
Hey Guys,
Since no one answered my Mac question, I had to do a little research. I found this link for the Alpari MT4 Platform.
http://www.alpari.com/support/faqs/top-faqs/is-metatrader-available-for-mac
I use Alpari but I bet this would work for any MT4 platform as well as other charting programs if your so inclined. I might finally get to move over to a full Apple Network....
Thanks
Couldn't take that beat down last night. So I took another long in AJ just before I went to bed. We closed it for 95 pips and got us ahead of where we started..... Whew!
Well....... I drowned..... lol
Hey guys,
Just wondering if anyone knows if the TD Ameritrade trading platforms are Mac compatible. I really want to finally rid myself of Windows but have waited because in the past most platforms don't run on the IOS operating system. I really don't want to rid myself of the MT4 platform as well so I will also need to know if I can run that on a Mac.....
Thanks guys....
Diving back into the AJ pool. Hope I don't drown..... lol
And it only took 2 years to find something that works for me!
Liv'n da dream my friend!
Closing out our AJ long here. It's well short of our 95.75 target but we did manage to squeeze out 45 pips yesterday and 53 pips today.
AJ looking good here. Starting to show strength on the H4 chart.
I'm locked up real good. All of my shares are in "preferred share" status. I get the special butt plug applied in my case.... LOL
Anyone else jumping into the deep end of the AJ pool? Just a little over 3 hours before the big CPI announcement....
You sure? I believe it's more like 99.9999999999%. But hey, there still a chance...... LOL
The birth of a new scam......
AJ still consolidating. I still think a bigger move to the upside is coming. I show resistance at about 95.85 to 96.05 so I set my TP just under at 95.75. We should head there before the weeks out, imo.
ROFL!!!!! Thanks I needed that tonight.....
Looks like the tunnel on the M15 chart is going to hold support and the tunnel on the M30 is twisting from bearish to bullish. We might just be seeing a little consolidation here before we continue the move to the upside, imo....
I'll just sit it out.....
I have been making my entries and closing it down. I'll see it in the morning.....
You're liv'n the dream my friend! LOL
I'm a really quick learner so my first million in forex is just around the corner. This is only my 2nd year at losing money..... hahahahahaha
LOL..... Then I'm really small. I'm only 3K.... My usual play is only 1.5K......
I'm still not totally comfortable with this forex gig. It's getting better but I don't have the confidence I had when I traded stock options....