Forex Day Trading Room

EUR/USD [caption id="attachment_810" align="alignnone" width="300" caption="FXDMG"][/caption] Here is a 15 min chart for the last day. We were able to take a nice long ride down yesterday and the retrace back up was around 100 pips. I persoonally did not ride the market up as yesterday was a busy day on the phone. This week looks like it can't find direction, and that is OK as long as we get a good consolidation range like yesterday as it is money in the bank with little stress, just follow the 1, 5, 15 min charts. I will be in Hong Kong this weekend but will be back in time for the opening of the market next week. I will post what I see but there is little other than standard Pivot Points (Which I will post 00:00 GMT) each day and our regular EMA's, BB, and MACD. Taking scalps and riding the wave. FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

[caption id="attachment_806" align="alignnone" width="300" caption="FXDMG"][/caption] Good Morning Traders... Here are today's Pivot Points . LSE opening in a few minutes FXDMG

Forex trading - live day trading course and currency trade room.

Forex Day Trading Room

EUR/USD [caption id="attachment_800" align="alignnone" width="300" caption="FXDMG"][/caption] Above is a 4 hour chart of the past month. The white line and the dashed line are almost on top of each other and represent the price action and the Pivot Point for the 4 hour chart. A little over an hour from the New York opening and not a lot of activity right now but we had a few good kicks at the can. The Market stayed nicely between the BB and was easly caught on the 1, 5, & 15 min charts. There are 5 news items coming out at 12:30 GMT (16 min from now) and I think we will stand aside until after. FXDMG

Forex trading - live day trading course and currency trade room.