CME Euro FX Futures 6E


  • 5
  • koolblue
  • 28-Jan-2011 at 8:47 AM
  • Rep: 48.6k
  • Posts: 16k
Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
Click image for original size
1116
  • 0
  • johnpr2010
  • 4-Feb-2011 at 9:09 AM
  • Rep: 2,285
  • Posts: 274
Charter Joe,

What is your exit target on your position? If I could say a clue of it. I am seeing this could go to 3610-3619 and dont see if it breaks that area since that is a hard 50% fib from complete news swing.
  • 0
  • CharterJoe
  • 4-Feb-2011 at 9:11 AM
  • Rep: 4,475
  • Posts: 2,352
Well I thought yesterday that today would be typical friday back and forth action. I am eying 3730ish area I am lighting up as i type @ 3605 +25pips on those.
  • 0
  • CharterJoe
  • 4-Feb-2011 at 9:15 AM
  • Rep: 4,475
  • Posts: 2,352
I don't use fibs. Instead I focus on the average size of swings. Trending days the Euro will pullback and advance almost the same amount. and range bound days it will do false breakouts of about the same amount like we saw pre news release this morning.
  • 0
  • CharterJoe
  • 4-Feb-2011 at 9:20 AM
  • Rep: 4,475
  • Posts: 2,352
well looks like 3605 would have been a nice short.
  • 1
  • koolblue
  • 4-Feb-2011 at 9:36 AM
  • Rep: 48.6k
  • Posts: 16k
Click image for original size
1154
  • 0
  • redsixspeed
  • 4-Feb-2011 at 9:36 AM
  • Rep: 4,111
  • Posts: 1,711
second touch in that 1.3564 area
  • 0
  • redsixspeed
  • 4-Feb-2011 at 9:53 AM
  • Rep: 4,111
  • Posts: 1,711
I have a mean at 1.3549 / may be my last chance
  • 1
  • koolblue
  • 4-Feb-2011 at 10:07 AM
  • Rep: 48.6k
  • Posts: 16k
Click image for original size
1157
  • 0
  • koolblue
  • 4-Feb-2011 at 11:41 AM
  • Rep: 48.6k
  • Posts: 16k
1.3583 would be a sell scalp imho!
  • 0
  • CharterJoe
  • 4-Feb-2011 at 11:42 AM
  • Rep: 4,475
  • Posts: 2,352
wow nice call 3583....
  • 0
  • redsixspeed
  • 5-Apr-2013 at 11:17 AM
  • Rep: 4,111
  • Posts: 1,711
At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight
Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.