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NYC john  18:51:39 GMT - 01/27/2012  
FM- Congratulations! great call...


NYC john  15:26:58 GMT - 01/27/2012  
Thanks for your thoughts FM. I respect your views a lot !
Personally don't like buying at the top of the 2STD Bollinger band. At that point I feel the market has gotten over-extended. They don't work perfectly but show it at 1.3152 based on yesterday's close.

Today I not that there does not seem to be a lot of EURUSD demand ast the upper end of the ranges.

In any case, I will be watching your levels carefully.

GL+GT!


Lahore FM  15:10:20 GMT - 01/27/2012  
i would try to post here everyday .sell and buy points with suggested stops and t/p.

just now looking at 1.3165 for a breakout.sell shud be around 1.3137 with 1.3165 stop and reverse to buy.


NYC john  15:02:14 GMT - 01/27/2012  
This new day-trading trading thread has gotten off to a promising start today but participation has been poor. It is intended for traders of all levels. At least check it out and give it a try!


NYC john  14:44:10 GMT - 01/27/2012  
Wish someone had suggest buy entry points as take profit levels at hand.

This only works if people participate and stick their necks out a little.


NYC JM  14:25:38 GMT - 01/27/2012  
Market seems to be back in the risk on/risk off following stocks day.


LDN dt  13:53:11 GMT - 01/27/2012  
I like the idea of this new chatroom. I hope a lot of traders participate. We will have to see what happens over the rest of the day but you may be right we are in a trading range. I prefer the strategy of buying breaks and taking profits from 1.3140 to 1.3150. I think this is shaping up to be a range day. Im looking for ideas for what levels to buy against. Any help?


NYC john  12:41:28 GMT - 01/27/2012  
Hit reply to get the dialogue going. Sorry duplicate post below.


NYC john  12:14:25 GMT - 01/27/2012  
Starting a new practical DIALOGUE (one-way will not work) on current day-trading analysis for €/$.

Starting out, I see a lot of potential overhead resistance<
Pivot R1:1.3163
High of Day: 1.3160
Bollinger Band: 1.3152

As long as we are above 1.2876 (20-day avg) tone has to be positive. Looking at the daily chart, I am not a buyer at the Bollinger Band, overbought.

I need some feedback (ideas) now and we can develop the discussion over the day as people respond.



NYC john  12:11:35 GMT - 01/27/2012  
Starting a new practical DIALOGUE (one-way will not work) on current day-trading analysis for €/$.

Starting out, I see a lot of potential overhead resistance
Pivot R1:1.3163
High of Day: 1.3160
Bollinger Band: 1.3152

As long as we are above 1.2876 (20-day avg) tone has to be positive. Looking at the daily chart, I am not a buyer at the Bollinger Band, overbought.

I need some feedback (ideas) now and we can develop the discussion over the day as people respond.





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