by Queen Cleopiptra | 2 years ago | 5:32 PM | 29 Apr 2011
On April 26 I wrote about the patience I was exercising in waiting for exhaustion to possible drive the daily EUR/USD to my sweet spot for a swing buy entry. But what do you do when the market simply won't come back to you? It can be maddening and that's where common trading mistakes begin to manifest.… More…
by Queen Cleopiptra | 2 years ago | 8:13 PM | 26 Apr 2011
With solid green GRaB candles on the daily and a "twelve to two o'clock" 34EMA Wave, there is bullish sentiment, bullish momentum, and - you guessed it! - a bullish trend on the EUR/USD.… More…
by Queen Cleopiptra | 2 years ago | 9:54 AM | 20 Apr 2011
The "momentum" set up is one that capitalizes on a more neutral market opinion and therefore it's the MOMENTUM that we're waiting on. It reveals itself by moving higher through resistance or lower through support - but the key is to wait for these moves from a non-trending market phase.… More…
by Queen Cleopiptra | 2 years ago | 7:50 PM | 19 Apr 2011
The loonie has been losing ground against the U.S. Dollar as the 0.9522 low seems to have stirred awake USD/CAD bulls. Crude oil has stagnated below 110/bbl and this could be fueling some of the loonie pessimism but the case for bullish greenback cannot be made here and that's why I see a push lower...resuming the overall downtrend.… More…
by Queen Cleopiptra | 2 years ago | 10:25 PM | 06 Apr 2011
The downtrend and bearish Directional Bias on the daily USD/CHF has completed a transition into a sideways, consolidation phase...but bears don't lose faith and bulls, don't get too excited; There is still downtrend line resistance and 0.9300 to contend with.… More…
by Queen Cleopiptra | 2 years ago | 12:56 PM | 06 Apr 2011
"If foreign exchange is the "wild west" of trading, then forex traders are the cowboys. Forex traders are typically comfortable with a high degree of risk, lots of sleepless nights, caffeine, and constantly-blinking computer screens - but what other substantive qualities do they have in common?"… More…
by Queen Cleopiptra | 2 years ago | 2:10 PM | 04 Apr 2011
The idea of seven keys that I consider as well as a "triage" process are part of my every day trading thought process.The following video explains how and why I use these keys and how they can help you make more informed trading decision too.… More…
by Queen Cleopiptra | 2 years ago | 9:37 AM | 01 Apr 2011
...chart patterns develop and even trigger entries that are not necessarily appropriate/valid for the market trend for that the chart. … More…