DislikedDon't think anything. The market can go either way at any given time... we have no control over it. All we can do is make educated guesses with our methods through discipline and money management.Ignored
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedDon't think anything. The market can go either way at any given time... we have no control over it. All we can do is make educated guesses with our methods through discipline and money management.Ignored
DislikedThats all about trading... What I meant is that my analysis shows that there is potential for down trend to start at this point...So I am looking for confirmation of my analysis and a trigger to go short... I am not saying I am short now...Ignored
Dislikedim still short position from top, if my first trget is reach..im look forward for second trget if close price is below cloud cover pattern.....mean sell will still continue forcing downIgnored
Dislikedim still short position from top, if my first trget is reach..im look forward for second trget if close price is below cloud cover pattern.....mean sell will still continue forcing downIgnored
DislikedFair enough Svet. I came to the same conclusion but got my short in a lot earlier through my own methods as discussed in my posts and now I am in the privileged position of having a free trade -
http://www.forexfactory.com/showthre...72#post4070572
If it goes down, it is all good and I got my analysis correct. If it goes up, never mind, on to the next one, but I've lost nothing.
If you feel that this is going down, it has to break 1.3666 first and sell on any pull backs to 1.3721, unless you prefer the breakout strategy,...Ignored
DislikedNot as top as my 1.3801
Call me a top/bottom picker... There is method to my madnessIgnored
DislikedDid you happent to catch the b-e-a-utiful golden cross on the 1D that just happened with the 50/200 SMA, and the 100/200 soon to follow.
Another sign this train aint stoppin until 1.4!Ignored
DislikedThere are many assumptions but few of them are:
1. The pair is very overbought on DAILY chart
2. Daily chart - 5th wave seems to be completed
3. Possible confirmation for point 3 is the fib cluster that formed right at 1.38
4. A move down has started - should be watched carefully in order to see if it is the start of the trend (which I believe) or is another correction.
5. Anyway, the pair is limited on the upside move (extremely overbought) and even if it goes up it is not going much further.Ignored
DislikedGet's you in closer to your sl & initial tp, why not if it's a good level...Ignored
DislikedDid you happent to catch the b-e-a-utiful golden cross on the 1D that just happened with the 50/200 SMA, and the 100/200 soon to follow.
Another sign this train aint stoppin until 1.4!Ignored
DislikedI used to make the same mistake you're making right now (well...that I think you're making...time will tell)....Ignored
DislikedToo bloody right... best risk/reward ratios! Expect to be wrong more often than not, but then you need to choose your levels carefully! The rewards, if you get it right, can be very rewarding!Ignored
DislikedYou can talk about waves till you're blue in the face...it doesn't change the fact that there are basic economic fundamental premises that are actively at work that continue to devalue the dollar. The worst thing that can happen right now in the US is deflation...you'll have an economic collapse because everyone will be walking away from their mortgages. The FED isn't going to allow that to happen. They'll buy 10T worth of treasury bonds before they let deflation hit the market.Ignored
DislikedI think the key is, to understand where those levels are, from an order flow and smart money perspective.Ignored