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- 27 Results (3 Threads, 24 Replies)
- Fuzzyzc replied Aug 16, 2010
I used to actually trade like that but there is only one flaw to that idea. No matter how many scalp pips you pick up or how many bottoms you pick up in a secular bear trend all you need is a run away falling market to completely wipe out all your ...
- Fuzzyzc replied Jun 16, 2010
Averaging down is intelligent. If you don't like the price you entered at, it only makes sense to raise the break even point of you can exit at. If i were a deep pockets Institution and i needed to defend a position i would average down. IMO ...
- Fuzzyzc replied Apr 21, 2010
Yes it did (the inverted hammer) fail the trend line But remember there are always going to be Bulls waiting to buy the failed short from the top. So following the old saying buy low sell high. Bears shorted the trend line break and bulls wanted to ...
- Fuzzyzc replied Apr 12, 2010
4/10 image A bull trap early in the morning than a bear trap later.
- Fuzzyzc replied Apr 12, 2010
4/09 Look familiar ? image So were back into a bull trend after midnight rally. Bear line break, Failed bottom Giant spike of exiting bears and entering bulls.
- Fuzzyzc replied Apr 12, 2010
4/08 Yet again nothing fancy. image Bear Trend line was broken Then supported. Good evidence of support was that a bull trend line was respected and price never even tried to test the line again. Three great pieces of evidence were 1. Bear line ...
- Fuzzyzc replied Apr 12, 2010
4/07 Kind of a standard day. Nothing fancy. Really i have the Main Trend line of importance of the day up The smaller picture is Hr bars. We are in a down trend so we wait for Bear trend line breaks and then bull traps. The bull Trend line up is ...
- Fuzzyzc replied Apr 6, 2010
Oh im sorry after looking back at what you wrote i realized you were waiting for a test of an old bear line you B line was broken. Trend lines show who is in control. if B line was broken we delete it. and start drawing a new line the new line when ...
- Fuzzyzc replied Apr 6, 2010
Ok lol not gonna lie yesterday was kinda confusing until near the close of the day and it made a lot more sense. I only got the watch the euro till 9:30am i had to run out to this house were renovating. fthing every thing your saying sound good to ...
- Fuzzyzc replied Apr 3, 2010
Well one of the things i have learned is that trading can be kind addictive in a sense because you want to catch moves and to boot its open 24/5 which is i mean it seems logical you can watch all day and night. In my opinion the best time to trade ...
- Fuzzyzc replied Apr 2, 2010
3.31 Okay Im loosing steam today so bare with me im going to make these last two descriptions a little short because its getting kind of redundant lol its basically the same thing every day dumb counter trend traders getting squeezed out. Im going ...
- Fuzzyzc replied Apr 2, 2010
3/30 image Okay line A is the long term bull trend line draw from basically when the trend began. Line A broken time to sell Notice how price is extremely respectful of the EMA You can see that some buyers got anxious to hop into the trend they ...
- Fuzzyzc replied Apr 2, 2010
Okay the 29 was actually kind of a tricky day there was longs and short sentiment and it showed in the charts image A bull trend line was broken (not shown) So we would wait for a test but price action didnt show a bull strength so a new bull ...
- Fuzzyzc replied Apr 2, 2010
Okay 3/26 wake up drink your coffee or frapachinos or what every people are poisoning them selfs with in the mornings and draw your trend lines the market has found a bottom on the 25. So what we are now looking for is evidence that price will go ...
- Fuzzyzc replied Apr 2, 2010
Okay sorry guys i really haven't been keeping up with the price action and candle stick examples. Okay i guess ill explain this euro rally that we are currently in and a handful of great trades that played out. Okay first things first the euro has ...
- Fuzzyzc replied Mar 27, 2010
Trust me there is no secret to making money in markets. I guess i'm kind of biased because of my research and experience BUT i believe its kind of common sense when you understand how market move. There is only understanding, which involves ...
- Are Any FXCM User seeing bad data?
My 4 hr bars are all out of whack? Whats the deal??? Here is a screen shot of my 5 min with lines ...
- Fuzzyzc replied Feb 16, 2010
Today's Bear TRAP!!!! image Midnights 4hr bar told us a story of a falling market. Reversal bar that seems perfect as it fails to make new highs . WOAh then guess what happened when all the shorts were initiated 3 pips or so under the bar. A ...
- Fuzzyzc replied Feb 7, 2010
Like i said about FIBs. I think your fib might be draw wrong too. In my mind fibs see like magic numbers people want to follow that don't actually mean the same thing to every other traders. Take a look at the daily. BUYS ARE OUT OF THE QUESTION in ...
- Fuzzyzc replied Feb 7, 2010
image Where do you think the easiest and best way to trade this chart SIM? Those Corrective moves are where market heuristics keep playing games with us. There was a series of events that occurred before this nice movement unfolded that will play ...