Sorry for the messy hair.
Just woke up and haven't had my coffee yet.
Maybe something can still be read between the lines.
Trading Cartoons and Pics 2,829 replies
EUR/USD Trading Room 328 replies
Do The Trading Room 20 replies
DislikedGood morning everyone....hey papa thanks again on the info about DMIP(blue line) DMIM(red line) .....I know you favor the higher time frames but last night I was playing around on the 5M chart and I notice that as long as DMIM stayed above DMIP we continued this small move down..so I took a short from 1.0422...my TP is 1.0264...gonna reverse it there cause Like you and others were suggesting this pair more than likely still has a chance to go up how far that's another story,that I believe can't be looked at till next...Ignored
DislikedI posted a chart that pointed out the pull-back we have now, but no one was there to react because all the fools were here.
I'm 36 pip in gain with a big entry now.
Because that chart was worth a look.
But hey if you wanna spoil your time here, I won't try to stop you.
I know cartoons are way more important then trading .Ignored
DislikedI see your point. We in the US do feel the pain of falling USD. Although higher Aussie is good for most consumers in Australia but it does hurt the exporters there. Correct me if I am wrong. -DB-Ignored
Quoting DaddyBear;DislikedMarket Watch - 072012 #2 - M15
Aussie did break LTL and move downwardly. The point of break indicated a more decisive move to the south. -IMHO-Ignored
Dislikedto bad about the suspension...careful what you say to the senior members...anyway back to trading...have a long order in at 1.0364...but it doesn't seem to have the strength to get there...would be nice to end the week with green pips and a set up for next week... granted I realize that I have the green pips at the moment...just being greedy...Ignored
DislikedI hear ya...I'm almost to my point ....maybe 1.0350 would be better...nah better quit being so greedy...I'll take 1.0364...Ignored
Dislikedim square ..took second part for +66 pips.
and with euro +108 pips..that bring my day to an end.
GL all and see you monday.Ignored
Quoting DNTme;Dislikedwhat? why? by whom? ..Ignored
DislikedA corrected view of the rising wedge shows still some room to the upside.
Price was rejected at the LTL, and we might go further to april 27 highs or even the round number 1.0500 before a wedge break and fall ... or a bullish continuation that would build an ascending channel.
As it's Friday I'd better await for next week's development.Ignored
Dislikedi totally agree with you ..that's why at the moment it sucks that my TP point wasn't hit cause I also have a buy order at that point...I agree about the retrace to the 1.05 level.. that's why I want in at 1.0364Ignored
Quoting doblece;DislikedShould this pattern repeat, we would be talking of 1.0570ish, which is also the 161.8 extension of this last swing high ...Ignored