EUR/USD Daily Chart Reviews - Page 3
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  1. #21
    Join Date
    Jun 2012
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    UK and New Zealand
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    458
    Yes please keep em coming Bigppin,this could be really helpfull to us struggerlers (im certainly that)some of your thoughts on the possible direction and would be great ,thanks heaps.

  2. #22
    Join Date
    Feb 2012
    Posts
    151
    Quote Originally Posted by BigPippin View Post
    The plan is to upload a chart of EUR/USD on a daily basis.
    You’ll see a bunch of colored lines on the charts and here’s what they mean:

    previous day high and low
    previous week high low
    day open price
    Purple – week open price
    major (00s) and minor psychological (50s) handles

    I figured that this could help us all understand price action better.
    What do you think? Is this a good idea?
    Your basic technical set up looks very similar to the one advised & recommended by the professional traders who ran the Technical Templates threads on here.

    I've been using exactly that framework to assist with my entry, trailing stop & exit positioning in tandem with the directional bias of Captain Currencies (Andy Perry) 3 Ducks template & I couldn't be happier with the approach.

    It seems to me that anything which mirrors such a simple, yet effective approach as that will certainly help new traders establish good habits & practices.

  3. #23
    Join Date
    Jun 2012
    Location
    fort wayne, indiana
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    2
    Looks great! I would definitely look at this each morning. As mentioned above, would love to know your thoughts on where you feel the market is heading for the day along with major announcements posted on the forecasting chart Thanks and keep up the great work!

    MyBBCFx

  4. #24
    Join Date
    Jun 2012
    Posts
    1
    I'm in too, and thanks from a new newbee !!!

  5. #25
    Join Date
    Jul 2012
    Posts
    2
    very helpful...!!! thanks...!!! keep it up...!!! following...!!!

  6. #26
    BigPippin's Avatar
    BigPippin is offline The ***iest member of the FX-Men Superior Master Contributor and Member
    Join Date
    Mar 2006
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    911

    Default July 13, 2012

    New one coming your way!

    Name:  eurusd.20120713.jpg
Views: 435
Size:  44.2 KB

    Great setup on the Day Open (DO). Hope ya'll caught that!

    As I said, this thread will focus on PAST price action. By looking at the past, we can create trading strategies that can possibly work in the future. We can study how EUR/USD, for instance, reacted to the previous day low after the non-farm payrolls was released. Or perhaps we can take a look whether the Day Open is something we should keep an eye out for.

    If you're interested in predictions or trade setups, then this thread is not for you. You can head on to my main blog, Pippin' Ain't Easy, for that!

  7. #27
    Join Date
    Mar 2012
    Location
    Iowa
    Posts
    44
    Great response for the people asking for predictions! I agree that this thread is better served as a way to see current and past price action as a group, instead of showing where to put an entry. Causing each trader to create their own trade ideas, instead of just piggy-backing.
    Thanks Big Pippin!

  8. #28
    Join Date
    Jul 2012
    Location
    CAPE TOWN, SOUTH AFRICA
    Posts
    31
    Thanks. I need to learn how to interpret the news. This is helpful & RELEVANT

  9. #29
    Join Date
    Jun 2012
    Location
    Queens, New York
    Posts
    2
    Very hot indeed much money can be made

  10. #30
    BigPippin's Avatar
    BigPippin is offline The ***iest member of the FX-Men Superior Master Contributor and Member
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    Posts
    911

    Default July 13, 2012

    Heads up, homes! Here's EUR/USD on Friday, July 13, 2012 for y'all!

    Name:  eurusd.20120713.jpg
Views: 405
Size:  47.1 KB

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