- Joined Jan 2011 | Status: Member | 1,560 Posts
I still need a trading break soon!!! "Loose some to win more" --Baher A.
Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
Newbie Factory Journal 12 replies
Trading Diary/Journal 5 replies
DislikedGBPUSD:
http://i28.photobucket.com/albums/c2...ntitled-19.jpg
Outlook: Look for reversal signs after GDP/BOE. The channel break upwards looks like a fake breakout unless the momentum gains significantly this week or it corrects lower to test 159.25-159.50 area and bounces back again from there. 161.30 is a key resistance.Ignored
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My advice to traders would be to forget about the Euro Crisis for the time being, till November at the least, trade the ranges, uptrends, look to go long rather than short on the Fundamental side.Ignored
DislikedIs that a classic head and shoulders that's forming indicating a subsequent drop in price?Ignored
Disliked{quote} A followup to the above chart: {image} Cable has nicely bounced lower from the higher trendline ... the lower rising trendline is a good resistance now, shorts below with SL on close above the rising trendline on 4HR basis is a good trade opportunity, for the more conservative traders a short near the rising TL is a good Risk to Reward trade, but it might not get there if we break 1.52.. Short term immediate target is 1.5050 .. Friday's close was very...Ignored
Disliked{quote} Just a quick follow up to the post above.. as pointed out Cable did bounced back from the rising trendline which proved a good resistance.. but it has failed to break 1.52 twice now since Monday open and I wont be surprised if we see it go to 1.5350 from here. Buying at dips is recommended with a SL at 1.5195. {image}Ignored
Disliked{quote} A followup to the above post, as stated we have broken out of the Symmetrical Triangle in upward trend after the rejection and failure to break 1.52.. resistance from here is at 1.5530 and 1.5570, but this breakout has a target of 1.56 {image}Ignored
Dislikedthis is so saddening to see, such a great trader with just 1 vouch , while few bull shiiters holds gazillion vouches. clear example of how stupid this vouch system is. keep it up purple, nice to see such great trader here.Ignored
Disliked{quote} Thanks for your kind comments.. I Think the vouch system has more to do with post count than actual contribution.. Anyways.. back to my charts.. Here is the chart I have been watching for Euro... look for a break and close below 1.2950 for a good short opportunity .. There was a 'weak' hammer on weekly on last week's candle.. a failure of which can take it to 1.2750 quickly .. {image}Ignored
DislikedA followup to the above post, as stated we have broken out of the Symmetrical Triangle in upward trend after the rejection and failure to break 1.52.. resistance from here is at 1.5530 and 1.5570, but this breakout has a target of 1.56Ignored