the blue one is broken... the next one gonna broken is red . once break ausie is going back to her mama and papa ..... ausie is back home from Pluto to the grave yard
not euphoria follower
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DislikedThe question is whether the close or the low is more important in determining the trend line break.Ignored
Dislikedthe blue one is broken... the next one gonna broken is red . once break ausie is going back to her mama and papa ..... ausie is back home from Pluto to the grave yardIgnored
DislikedIn forex you trade the waves up and down on different TF's, this is not a (sell or buy) and hold for many years. If you bought the GBP/JPY a year ago at 1.20xx, it went up 1500 pips in 3 months, 1500 pips down in 3 months, and back up 2500 pips in 6 months,
In one years time you could have collected 5500 pips if you rode the 3 waves it created for you. A mini account 1 contract = $5500.00 using a $250 margin, on a standard contract $55,000, that's a years wages for some people and more for most people.......just using $250 margin for the $5500........or...Ignored
DislikedOne more reason I think the red trend line will not break is based on my INDI X. I have noticed when it is away from Bollinger middle line, it will move back toward that line. Once it turns back up, the PA will be up as well.
http://www.forexfactory.com/attachme...1&d=1359249991Ignored
DislikedMy chart indicates the close of the candle was above the trend line.Ignored
Dislikedcan you post this in H4 also ? and what does the weekly look like here?Ignored
DislikedThe redline could be misleading too if you are buying into it and then the price drops.Ignored
DislikedAlthough there is a probability it will drop at Sunday open, I did not get the rationale behind your message.Ignored
DislikedTrendline are subjective. Both bulls or bears can draw lines on the same charts and feel comfortable with their positions.
I believe that horizontal lines are more relaible because there are no angles... Me too watching the price evryday, including sundays. I am starting to feel it is not necessary.Ignored
Dislikedmy weekly totally bearish with some support in h4 (http://www.forexfactory.com/attachment.php?attachmentid=1124484&d=1359251878)
how is yours DB ?
rgds,
no straight lineIgnored
DislikedHolding a profit in a live account is hard. I am eager to cash out and re-enter or feel like the wind is changing direction everyday. In a demo account, there is no problem at all. I can totally forget that I have a position.
I demo for a year and turned 10k to 40k, only by a few trades. Now I am trading a live account and found myself busy selling and buying. I believe it is just more trading activities and less profit. Fear and greed is involved in losing and winning.
On the other hand, it would be boring as hell if you only...Ignored
Dislikedcan you post this in H4 also ? and what does the weekly look like here?Ignored
DislikedMy H4 has not shown the bottom yet. This does not mean the red trend line is going to break. Contrary to this, it is near the bottom IMO. However, a retest of the Friday low is likely.Ignored
DislikedMy H4 has not shown the bottom yet. This does not mean the red trend line is going to break. Contrary to this, it is near the bottom IMO. However, a retest of the Friday low is likely.Ignored
DislikedYes, my friend, I would assume we would need a retest. What concerns is me is the potential break of the tl and the fact we took out 61.8 retracement of the move from 1.0357. To me, that implies a high likelihood of a 100% retracement. When I filter out the noise, the tl appears broken.
Looks like 1.039 could provide a bounce, and perhaps that will do it. 30 pips is pretty close on such a big move and depends upon how you count it.Ignored
DislikedAn alternative way to trade the news is binary option trade. The R/R is higher than any possible spot setups.
https://www.nadex.com/learn-to-trade/binary-options.htmlIgnored