So sorry, Frank! I was talking on the phone as I typed: the signficant MA's are 170 and 125 - I was being absent-minded.
It is the shape of those two which sends the message that I just described.
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DislikedMake a daily chart. Add MAs: 50, 80, 125, 170, 500.
(The first three are not really relevant in this example).
Look at 170 and 500: it may, or may not, mean anything to you, because I'm so used to looking at these things... but that particular shape means
(a) it's a top, and enormously strong resistance once price goes significantly below 500; and
(b) its a VERY significant top - very, very often indicating a massive decline to come.
I'm so used to looking at these thingsIgnored
DislikedNobody seems to take any notice when I say anything(!) - but I use a completely different kind of technical system from you guys... sometimes, it shows things which your systems perhaps make less clear - and visa-versa.
According to my system, there is no way that it will rise more than a few pips above 238.93. And the only direction for some time to come, in my view, is down.Ignored
DislikedI'm curious: so many of the graphs that are posted up have a black background. Is there a reason for this? It just seems to make it so hard to read, and hard on the eyes, to me.Ignored
DislikedWell lets see if the 238.93 will hold us down, how long is "some time?"
(HOPE WE DON"T SEE THAT NUMBER ANYTIME SOON - LOL)
Today, Monday, or September???
By the way, in the Forex Community most of us don't get no respect, but keep on posting anyways, will read it.
Good Trading too you.!
KENIgnored
DislikedNobody seems to take any notice when I say anything(!) - but I use a completely different kind of technical system from you guys... sometimes, it shows things which your systems perhaps make less clear - and visa-versa.
According to my system, there is no way that it will rise more than a few pips above 238.93. And the only direction for some time to come, in my view, is down.Ignored
DislikedGreat! I agree, but you need to post us a chart to show us what you are talking about. Anybody can babble.
M2BIgnored
DislikedIll take that price (its 3.20 in the morning and I wanna go sleep). It will give me 68 pips. Then I can short using your system. Or long using the GJ chart.Ignored
DislikedPlease don't trade on anything I say. I'm just giving an opinion - nothing more.Ignored
DislikedWell, if you tell me how to post a chart, I'll do it. But I really think they need some way that the charts can be expanded, to see them clearly.Ignored
DislikedPlease don't trade on anything I say. I'm just giving an opinion - nothing more.Ignored
DislikedSo sorry, Frank! I was talking on the phone as I typed: the signficant MA's are 170 and 125 - I was being absent-minded.
It is the shape of those two which sends the message that I just described.Ignored
DislikedAre you using an MT4 Platform? If so just say 'yes' and I will PM you with details on how to post charts from MT4.
M2BIgnored