Ebob Trades of the Day

ebob

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Here is todays eurusd action, note the way it bounced of the key Murrey math support at
0/8ths
 

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Trading FX with murrey math

Here is GBP 5 min from today, notice the bounce from the high probability -2/8 line which was eventually capped by the overbought 8/8 line.
 

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GBPUSD chart

A good day trading GBP, with a nice 140 pip move from the murrey line 8/8 down to support at 0/8 as you can see in the chart.
 

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Euro 120 pip move

A dull trading day in euro picked up in late afternoon - the inability of euro to break 1.2800 sent the currency almost vertically. Again, murrey math was a good guide here, as the currency failed to break down from 0/8.
 

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Euro 15 min

Early talk today was that of warren buffett offloading his 21billion short $ position, which obviously didn't materialise. There were some nice moves today as the chart shows - with a nice short just above the murrey 8/8, which was also the .618 retracement.

Happy trading
 

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Euro trade

The eventual reversal off the lows today occurred at the key murrey -2/8 level, where there was also positive divergence on 5 min.
 

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Eur/usd Murrey Math

A nice 80 pip move in eurusd today - with murrey a great guide - with a move from -1/8 to +1/8 on 5 min chart.
Happy trading.
 

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EURUSD 5 min

Two nice trades friday afternoon in eurusd, using murrey math as a guide, with a classic short setup at 8/8 and a bounce off 0/8 I did have that friday feeling but im glad i stuck around.

happy trading
 

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Euro daily

lets see if euro can continue to the downside next week
 

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