Forex Feb II

Starting a new thread.

I got bumped out of my old account, so I am starting up with FXDD, I have my info from past positions and I will trade them accordingly. I am kind of mad that the account got closed, I wanted the trade to work itself out.

New account is with FXDD and I will let you all know how I like it and any issues.

was just going to say you shoulda stayed Pop....look at the 2hr and 4hr....about to have +DMI crash through the -DMI  to the downside and the 4hr isnt far behind think ill join you here

Just got back..

This meta4 stuff is pretty good so far, I like the layout and selection.

Charts are sharp, streaming news and so far so good.

US/CHF on fire tonite..

Here is a good Q..

Anyone found correlation between a consolidated + and -DMI to a big move afterwords?

For example, on the 4 hr chart the $/Yen has both DMI lines choking each other, which means a directionless trend of course, I also notice RSI is hanging pretty high during this time..one might try and see with a high RSI and a trendless DMI that it might be good for a short?

Tried to SS LB/$ at 1.4820 but missed by 2 pips.

Now in that trade..probably a mistake, it is running overheated and the chart hasnt broken down yet..

pop,

Yeah thats the one...it has 4 charts going and you have to highlight each chart separate and change the parameters.

I closed the short just now for 125 pips at 1.4692

Tried LB.CHF long at 1.684 but missed, will keep limit order in.

Crap..

The spread on that pair was 10 pips, so even though the bid got 7 pips below my bid, it never triggered, now it is good for 70 pips.

Now in the trade as the US markets chopped 100 pts there real fast.

Looking for 1.69 on the sell, which is 60 pips.

buck,

I signed up and downloaded the platform with FXDD, so far so good..

Nice job on the pair, you are up like 50 pips!

A few comments..

On a 4 hr chart the LB/$ is about to cross, the DMI is at 9 or so and RSI getting down to 40.

Same goes for $/CHF