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Type: Posts; : santim93

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  1. Hey, Just a 10 pip wide channel here...

    Hey,

    Just a 10 pip wide channel here however, the underlying tendency on 5m was down and sure enough that the breakout was to the south west - 20pips from top of range.

    If we say there...
  2. Two heads indeed, sounds good. I'll start...

    Two heads indeed, sounds good. I'll start tracking european news and some other effect on the london open and early hrs for eur/usd. The asian session was particuarly active recently and following...
  3. Ever heard the expression'no news is good news'...

    Ever heard the expression'no news is good news' well that surely doesn't seem to apply in the area of Foreign Exchange!

    Frank when you state inventories panicked and need for USD jumped does...
  4. I love how you're coming this obviously news...

    I love how you're coming this obviously news informs the institutions which produce the market go so it makes sense to see news when searching for and expecting the formation of tendencies and...
  5. Hey, News events - yes really good idea...

    Hey,
    News events - yes really good idea particularly when price is waiting to decide which way it's likely to go based on what the news says. So ranges need to often/sometimes form before big news?
  6. I like that idea a lot as it means you'll be...

    I like that idea a lot as it means you'll be caught out accepting profit and closing all positions just before a wonderful breakout. Good one. Price action at the channel line should provide a...
  7. No worries, thankyou as to be fair I just thought...

    No worries, thankyou as to be fair I just thought of it because of your query as I've tended to prevent ranging intervals before or seen them as a total loss. However, when you sit infront of one...
  8. Hey, came from additional thread- Have also...

    Hey, came from additional thread-
    Have also been observing this range, it is unusually isn't it to the eur/usd at this time of day??

    I would use a tight SL (4 pips ish) for that commerce...