EurUsd trading diary...every 15 minutes

[tejnifty]

i am holding again H, working on charts now

 

[tejnifty]

hey sunny, first of all thanks for encouraging me in earlier post
From the looks of chart till now, yes i think that today we might not get good moves, may be something like falling expanding wedge

 

[tejnifty]

on hold again

 

[Sunny1]

M short at...3025...

Today is friday...so I do not expect much move....just one move...and then flat market..

Exited at 4 pip loss...not moving as per expectation ...over for day....it will not move..i feel

 

[tejnifty]

here is a chart
the fibonacci you see is one of many i use simultaneously
i have been holding my long trade since it has not closed below 23.6 level till now
the pivots you see are fibonacci daily pivots, it hypnotises the price to dance accordingly in the chart

new candle has started and i am still long

 

[tejnifty]

price just shied away from touching mid pivot, the blue line, another very good indication that price may go up

 

[tejnifty]

another chart to explain my trades

the 2nd fib i am using is shown and 23.6 line of yet another fib is also shown
the first trade i took was a sell because just before opening of 1130 candle(which is important one) the price closed below 23.6 of the fib
I exited and reversed on the close of 1130 candle as it closed above 50 $ 63.8 line both
So these explain my trades

 

[tejnifty]

ok time for action C+N
closed and reversed

 

[tejnifty]

candle closed below 23.6 and so , reversed the trade again
looks like today volatile market, still i will continue

 

[tejnifty]

now here is a prediction( i do that all the time but never trade them) if the ongoing candle closes below the previous one it will do that just above the mid pivot ( dont take seriously)