Daily Analysis of Majors - Page 7
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Thread: Daily Analysis of Majors

  1. #61
    Values for 15/02/08 trading day

    USDJPY-we bearish until 108.15 taken


    EURUSD-we bullish until 1.4595 taken


    yesterday USDJPY trade was Struck SL but it Analyzed 108.35 and Rebound.
    Im add EURUSD and attempt to find fantastic values also for transaction.

    This info is for eduional purpose, loss or gain not my responsebility.

  2. #62

  3. #63
    Quote Originally Posted by ;
    what happened to this thread?
    Its souless cuz DRT bro is gone.

  4. #64
    I have only been right through DRT's threads, the CBOT docs and have been enjoying the Market Profile Indiors. In an attempt to K.I.S.S. it seems to be identifying consolidation zones. Price hops from one zone.

    Now, back to probabilities, it is a lot more likely that price will remain within a zone compared to stray very far from it. I remember from basic physics which electrons remain in their various orbits, although they may be forced to move (jump) from one orbit to another. I guess where you're more likely to find an electron in the event that you looked these orbits are zones of life threatening probability. It appears the same is occurring with price. It's a lot more likely to maintain a consolidation zone (don't everyone knows this) than remain for quite a while outside it. It will either go back or continue to another Zone should it drift into no man's property.

    Guess I want to find a way to use Price Action and possibly the futures prices (never looked at those) to determine if I could pre-guess where it is likely to proceed.

    Sorry if this is totally obvious, just wanted to summarise for my own clarifiion.

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