Dislikedhi anna,
did you notice the glitch when drawing trendlines? they tend to not snap to the point where I want to point the "connectors" to. the same actually with fibonacci as well.Ignored
short euro and enjoy...
xx
anna
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Dislikedhi anna,
did you notice the glitch when drawing trendlines? they tend to not snap to the point where I want to point the "connectors" to. the same actually with fibonacci as well.Ignored
Dislikedthats why its the only pair I trade, I trade it from the M1 to Daily, as long
as you do not fall in love with a long or short bias and can stay flexible to
changes while not fighting the main trend you can become very profitableIgnored
Dislikedtarget #1 was the white dotted line. #2 in the red chart. pink box is a mofu that should provide st resistance. white lines in the background are a bigger predictive. sos with slip bounce. we usually bounce after one is hit and slipage. we just hit one (white dotted line). there is a gartly that indicates we may go back to 3135 or more (we are in its range atm). it expires around 3045. so be on the lookout.
gl
edit.. my tittle says 2969 to 2904
2904 should be 2804Ignored
Dislikedenjoy your lunch.... euro is gone and isnt coming back about for another lame attempt for SL hunting... otherwise, its hello 3050; 3000; 2960; 2840; 1800; 0894...Ignored
DislikedI'am trying to be the best sponge i can an absorb as much as possible as forexpro says I use everything until it proves of no benefit.
After trying all indicators and methods I have small tool kit --fibs support/demand and resistance/supply. lengths bars and pins .
1000 Tick chart that serves as 1 minute to 2hr time frame depending how much activity there is.
Thats my technical tool box
I'am keen to fill my fundamental tool box now .
I compare these two elements of trading similar to driving a car .
You can just drive it but it does help to have...Ignored
DislikedEven though we see signs of a 300 pip long or a 200 pip short we need to be so careful to preserve the accounts during this time of year. There is no room for certainty, I think its a play by play , moment by moment type of market. For instance....big spike up this morning to the h1 neckline. Now it appears the 1 hour head and shoulders pattern is in play EXCEPT....we also have some things telling us there could be a decent up move coming... who knows?Ignored
DislikedEven though we see signs of a 300 pip long or a 200 pip short we need to be so careful to preserve the accounts during this time of year. There is no room for certainty, I think its a play by play , moment by moment type of market. For instance....big spike up this morning to the h1 neckline. Now it appears the 1 hour head and shoulders pattern is in play EXCEPT....we also have some things telling us there could be a decent up move coming... who knows?Ignored
Dislikedthat monthly candle should not be ignored either. its reflective, more then predictive. 10 days left.. and we surely can have 300 pip moves in both directions. we do have gravity to 2804 and 23xxxIgnored
Dislikedhm... this surely doesn't look like a "wait for confirmation"-scenario atm.
my sl are in place on the short side, so I have two options... sit it out or risk a 10ct/pip hedge.Ignored
DislikedYes I agree, we CAN have a 200 or 300 pip move but I also think people may be caught off guard by the direction of the 200 or 300 pip move.Ignored
DislikedNot at all, look for a breakout on the triangle.
Edit: Well, relative to this month. Trading sucks during this time of the year. Yes, things are slow, but there are still pips to be made, but its why I stay on the bigger TF's.
Edit Edit: Ooops, Triangle bottom just fell through. Still a triangle but not so much of a slope on support side.Ignored
Dislikedodds are we go to the open/close.. 2969.. or yearly 2804 and big market bears want a pip below both min. at years end. its a guy thing.. we want the open at the end. *L*Ignored
Disliked
The chart below shows (the Stan Weinstein method) what typically happens in the market and why some traders win and most traders lose.Ignored
DislikedCould not resist the move up and stall for a short +6 pips.
This was the beginning of the move back down to test lows.
I am finished for the day, taking easy money from the market.
Cheers.Ignored