- Search Forex Factory
- 22 Results
- thaiboxerad replied May 17, 2012
true, most indicators do lag. using indicators like rsi and macd to spot divergence is different though. Momentum is a leading indicator. It gives clues as to what may happen in the future. And the stochastic is excellent for identifying cycle highs ...
- thaiboxerad replied Apr 25, 2012
Divergence — 1 hr and 4hr both confirm divergence. Trend reversal may be coming soon.
- thaiboxerad replied Feb 29, 2012
looks like there is some bearish divergence on 4hr macd. now price is approaching 50 sma on 4hr and 200 sma on 1hr. probably a good place to close short positions and wait for a bounce signal using stochastic as cycle indicator.
- thaiboxerad replied Jan 26, 2012
selling time — nice pinbar in a great location. head and shoulders forming
- thaiboxerad replied Jan 23, 2012
Yeah, i will be watching this carefully. if it closes below that support area, im not buying. I'm waiting for a decent "bounce" signal.
- thaiboxerad replied Jan 23, 2012
bounce off support — except that bads news is a little scary....
- thaiboxerad replied Jan 12, 2012
i agree, and i also hope haha, im currently long. looks good though, there was a 4 hr close above 1.2817 resistance level so i think it will go up at least to the trendline before falling... thats my 2 cents
- thaiboxerad replied Jan 4, 2012
very true. its a perceived risk to reward, hoping that reward is what i had planned
- thaiboxerad replied Jan 4, 2012
word up homey!
- thaiboxerad replied Jan 4, 2012
haha. very deep question my friend. i define risk to reward as one of the most important parts of trading. risk a little, get a lot. if its not like that, you'll blow that account in no time.
- thaiboxerad replied Jan 4, 2012
thank you for the insight. I felt confident in that trade for a few reasons. that nice pin bar signifying a rejection of upwards price movement, double top, and strong downtrend. so i entered early...
- thaiboxerad replied Jan 4, 2012
my stop was at 1.3079. so it was a 1 to 2 risk/reward. i always shoot for 1/1 or better.
- thaiboxerad replied Jan 4, 2012
did good today.. — got 121 pips on eurusd today. feeling pretty good. Traded the breakout after the retracement bounce. moved stop into profit, closed half position and let the rest ride down to 1.2900. it just barely hit my take profit. ...
- thaiboxerad replied Jan 3, 2012
I agree!
- thaiboxerad replied Jan 3, 2012
yeah. some times i love trendline breaks, but only with the overall trend. Does kinda seem like a fake out give the strong downtrend. Thanks!
- thaiboxerad replied Jan 3, 2012
or is it a reversal? — or does it look like it just came up higher, hit previous support, created better selling opportunity, and will be dropping back down to 1.2862 low? should i short it now???
- thaiboxerad replied Jan 3, 2012
trendline break? — If there is a daily close above the trendline, should we look for longs? Im a little scared to just because its in such a nice downtrend. any ideas anybody?
- thaiboxerad replied Dec 28, 2011
eurjpy — Its so simple sometimes! break out of the rising trendline.
- thaiboxerad replied Dec 13, 2011
head and shoulders — I see a huge head and shoulders on the daily right now. Anybody think it will fall below 1.3000? If so where?