Thanks Phillip...i caught the EU this morning and took a few pips..
It was nice to see you mark the area and talk about as i had already done it..
More confirmation of my understanding of "trading the rhythm in the direction of the market"
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DislikedUPDATE: Aussie spiked out for -30. Not sure why just yet ?? There was some news about Trade Balance 45 mins ago and that seems to have pushed me down & out. The upper T/Line( past Resistance now Support ) is holding again so still a possibility that Price needs to head to the 200 above. {image} Kiwi was obviously dragged down by the Aussie even though I anticipated a drop back down to the 21 ma. Almost got there but since retraced. Now at B/Even +2 so no damage on this one {image}Ignored
Disliked{quote} I got stopped out exactly the same on AUD. Why it has such hard time to break higher , possibly because it is bouncing off 21EMA on the daily? !... just guessing. ..Ignored
Disliked{quote} How's it going BK - great to see you sharing with us. Welcome aboard. You are probably quite right with the Daily 21 idea. Now the 89 is flat so I guess we are stuck in No Man's Land. Phillip may be able to enlighten us whether there is a trade possibility with this last bounce off the 89 using smaller T/Frames??? Otherwise, I will wait patiently for this Aussie to show his hand My Kiwi got shut at +2 but I see that my target Price was actually touched but did not take me out at my +30. Bugger!! It too is flatlining with the 89 so I will...Ignored
Disliked{quote} Hi Binnie, Great to see your charts again looking forward to learning from you again.. You mentioned the M its the first time i have seen that and i heard Phillip in a recent video talking about the W, so i thought i would post some extra information for people and me to read and get more understanding of what's going on. Double Top Chart Pattern : In a double top pattern; the upper trend line consists two similar or nearly similar high points and the lower trend line consist a low point. This low point of lower trend line lies between two...Ignored
Dislikedhi, EURUSD : On the daily chart, there is a completed HS(reversal pattern) while having two strong bearish candle breaking the neckline covering around 200 pips down . Now being on a pull back to the 21ema.(resistance at around 1.3675), which would lead eventually to a move away. On the 4hrs chart: I have missed the RB around 1.3580 back up to the 21ema( around 1.3675) the move away…waiting for it.Ignored
Dislikedhi, EURUSD : On the daily chart, there is a completed HS(reversal pattern) while having two strong bearish candle breaking the neckline covering around 200 pips down . Now being on a pull back to the 21ema.(resistance at around 1.3675), which would lead eventually to a move away. On the 4hrs chart: I have missed the RB around 1.3580 back up to the 21ema( around 1.3675) the move away…waiting for it.Ignored
Disliked{quote} hi Arrow, Just to give you an idea :-19c is probably the temperature of a frozen fish in a supermarket. I don’t think you would be able to hold it (bare hand) for 5minutes. Now with -26c , it would be less that 5 minutes. Add the wind chill, the temp is about -40C , how long would you be able to hold the fish? And what about your ears at -40c? I love summer!Ignored
Disliked{quote} Hi Yvon, I have read about all over the internet. These are the coldest days for years. The Packers fan are allowed to bring blanket and sleeping bag with them. What a cold day to play! Want to watch the youtube russian video.. Meanwhile on EU.. suddenly my order was filled. The move away on the make? {image}Ignored
Disliked{quote} yes, very nice charts! if it is the case , I am just expecting a strong 4hrs candles down. I t would be a rejection of a HS. will see...Ignored
Disliked{quote} mines were filled too : 1.3638! we are in the boat now! about the weather: cold is also in the USA, I have heard minus 50 with wind chill!Ignored
Disliked{quote} Hi Yvon, I have read about all over the internet. These are the coldest days for years. The Packers fan are allowed to bring blanket and sleeping bag with them. What a cold day to play! Want to watch the youtube russian video.. Meanwhile on EU.. suddenly my order was filled. The move away on the make? {image}Ignored