I had several long trades

I took several long trades on EUR/USD alone.  Haven't had time to post them here...

We are long until otherwise suggested by PA

Price action is the KING

Someone wanted to see How i trade

Just like all or most retail traders, I exclusively use metatrader for my TA and trading too.  The real PA stuff are in my head, trading after 10 years...u aquire certain understand of markets as they set their footprint to change direction or continuation.

Anyway here is my system image...

Was went out for a bit...and..

As I was inferring..,

I was long and went out of position, in one broker.  With my main broker, Just got out now at. 1.4255 at one broker with a profit of +87 , entered y/day at 1.4167

Again waiting to break the line at the top...I'm bullish for now...but might change in accordence with PA, actually PA is the KING, system confirm's signal only....

happy trading...

Sentiment change...

I'm long eur now...PA suggest a long, also trade what u see not what u think!!

Will update later if realy it's something...

As I hv noted on 3rd. Apr'2011.

Today something interesting happened in the market.  Gbp went up very fast for about 100/150 pips, but eur simply did not move.  Pls. check my chart posted in Apr.3rd.'2011.  You know the reason.

Awaiting for further move down, as Already got my first signal...eur unable to move up.  Will wait for price action to confirm....

Doesn't look very good

OK, eur/usd : 1.4223 Exit manually at 1.4210 : + 13 pips...

For being monday..it's a good start, not yet in profit for the day yet...but who knows...what lies ahead.
Waiting for further development in PA.

Last short of the day.

I have shorted again a 1.4223 s/l : 1.4242...I shall hv to see what happens...

I am not gonna short further today. if it fails....

Lost 20 pips trying to short eur

OK, tried shorting it at 1.3218/19....

But it did not workout.  Looks like got to wait for a clear direction.  May be a buy or a sell, not so clear at this moment in time.  PA is uncertain.  If it breaks in either direction, shall enter on a retrace or wait if no retrace for next level i.e. maybe till tomorrow...or may be end of london today....

Hope for the best...

Todays outlook : EUR/USD

As you all know I trade exclusively eur/usd.  But some of the times GBP/USD.


Today eur seems to be at the edge of a Decending weekly trendline.  Here is a pic.

I'm watchng closely for a close below or above this line.  This will tell me the future direction of the eur for this month or so.  Hoping for a shortside.  Have not shorted as of yet.  But may short this Today OR tomorrow depending on the PA.

For intraday short, I might keep the short for indifinite time.

Hope it helps for some direction for eur/usd.

EUR Trade -Apr.,04,2011

1. First Scalp - Short 4230 Exit 4225, 0.2 Lots P/L= +5 Pip, Mon.'Apr.'04'2011