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- FXObserver replied Oct 21, 2008
All i've been doing with this pair for the last 3 weeks is selling the rally and it seems profitable for me. Right now, waiting for another rally to sell it again
- FXObserver replied Oct 20, 2008
It's now forming a railway pattern on 1 hr chart which means that a possibility to the downside is still on the way. If it's the case,this is a false breakout and we still need to wait for the true breakout. I'll be waiting for the next hr candle to ...
- FXObserver replied Oct 19, 2008
Thanks Tmac Im sure it will help
- FXObserver replied Oct 19, 2008
Im already long with TP a little bit below the upper channel of the triangle and SL 20 pips from my entry of 1.3402. I still believe that this pair will respect this triangle before going down. Also put limit entry sell @ upper trendline
- FXObserver replied Oct 19, 2008
I started scalping this pair 2 weeks ago with a goal of 50 pips per day. Sometimes, it took 3-4 trades to reach that goal but when im done, i close my trading platform and wait for the next day. I don't want to overtrade which is my bad habit so ...
- FXObserver replied Oct 12, 2008
Filling the gap?
- FXObserver replied Oct 12, 2008
My broker just opened and close my long position last Friday from 1.3450 @ 1.3572 for a total of 122 pips. This is a good start for me. Now, just sell from 1.3570 for 30 pips and it seems to be going well Btw, thanks a lot Cobraforex and ...
- FXObserver replied Oct 12, 2008
Wow,that's an interesting chart. What indicator is that having value of -2/8 - 8/8? Just curious.
- FXObserver replied Oct 12, 2008
30 mins 'till my broker open. I can't wait to close my long position i opened last Friday and sell this pair for some easy money.
- FXObserver replied Oct 12, 2008
That's just what i did But if you're referring to the blue line, that's just my view on short term retracement
- FXObserver replied Oct 11, 2008
My perspective — Attached is the monthly and weekly chart of this pair. Monthly chart shows a very great possibility of further downtrend to at least 1.3054 (38.2% Fib) to as low as 1.2132 (50% Fib). This is my long term view but i prefer the ...
- FXObserver replied Oct 5, 2008
Hmmm, will the gap ever be filled soon? I think it will take a while
- FXObserver replied Oct 4, 2008
Thanks GodfreyH for the reply. That's nice
- FXObserver replied Oct 4, 2008
Pretty nice! I strongly agree Greed is one that can consume us. Better yet, close the platform once you attained 10 pips per day so that you will not be tempted to trade again.
- FXObserver replied Oct 4, 2008
Gartley — Hi GodfreyH! Im just curious about the Gartley indicator you're using. In your experience, what's the win/loss % of that? Is it good in trending or ranging market? Any input will be appreciated and wanted to know more about it. ...
- FXObserver replied Oct 3, 2008
Just waiting for the 4HR to trade above Gann before i pull the trigger
- FXObserver replied Oct 3, 2008
Im thinking of 23.6 fib retracement @ 200.19 as possible target and then go short from there My longterm outlook on this pair is still bearish but with the new settings forming on my chart and the coming news, i want to ride some profits by going ...
- FXObserver replied Oct 3, 2008
So, what's your possible target there?
- FXObserver replied Oct 3, 2008
Im seeing a buying potential here with the 4HR QQE already crossed and just waiting for the next candle to go above the Gann HiLo. The 1HR chart is now touching the 50 QQE with the candle just above it. Anyone see the same settings?
- FXObserver replied Oct 1, 2008
Ok, i get it. Thanks!!!