Thread: Sell Eur/Usd
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Old 11-09-2003, 14:15   #17
Iris
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Forex1..................

As Rezo says some things are Proprietary.....but a glimpse I'll give you.

Look at the 9/9/03 Pullback at 10:30 to 1.1171.....Market pushed upside to 1.1239....consolidated then broke to 9/10/03 6:45..1.1165 Low .

I took the Signal later on 9/10 and was Stopped Out with Stop Positions....1.1270-1.1260 respectively on the 1.1271 High.....1-11 pips from a move to the downside...with a break to 1.1152 at 9:10 Today 9/11/03.....adding more breaks to established Pullbacks. Watching for a break of 1.1152 at 9:12 Today.

From the 1.1271 High 9/11/03 we have Lower Highs...with breaks to the downside of prior pullbacks from the upside move. Use a 15Min Chart for reference of above figures. Many other factors/calculations are involved...but for an observational perspective......there it is.

See how the developments unfold.

Time the Trend.

Iris
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