Okay, Monday morning and time to get trading..Let's open the EU chart...Oh - still where we were 10 days ago..No further action required - Holding all shorts until under 1.20..
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Disliked{quote} I've been trading with real a/c for 3 years. I've been with this thread since the day Ata started. You can literally see my post at the very first page of this thread. Even when i was learning to trade i never used the time frames below 1hr. I don't use indicators or other things because i don't know how to use them. I Simply try to analyse the price and how the candles are forming. I'm not pointing out anything. Just a fellow trader whom here to learn everyday. I read everyone analyses and charts very carefully and respectfully.Ignored
Dislikedif anyone shorting this beast after it got some room to breath down overheated indicators, he must be sent to the crusades for his bravery. i got a hit and still bleeding for good. trade safe all and prosper!Ignored
Disliked{quote} So true, I trade the 8 hour chart, my higher time frame is the 2 day chart, but start my analisys on the weekly. Why 8 hour? Not too choppy, and I donīt need to loose sleep to check my trades.I hedge instead of stop, if Iīm bias short I will keep on adding...when it goes good, loosers turn into winners on the same campaign. Hereīs another take on the weekly. Like I said before, the weekly highs were on a 4 to 9 weeks range.(you can measure them easily) The low to low count minimum, was 4 weeks! IF the last high (more than a week ago) was...Ignored
Disliked{quote} So true, I trade the 8 hour chart, my higher time frame is the 2 day chart, but start my analisys on the weekly. Why 8 hour? Not too choppy, and I donīt need to loose sleep to check my trades.I hedge instead of stop, if Iīm bias short I will keep on adding...when it goes good, loosers turn into winners on the same campaign. Hereīs another take on the weekly. Like I said before, the weekly highs were on a 4 to 9 weeks range.(you can measure them easily) The low to low count minimum, was 4 weeks! IF the last high (more than a week ago) was...Ignored
Disliked{quote} Your chart is actually really good, only one question: you are short because? What in your chart is bearish? 2 questions actually.Ignored
Disliked{quote} 1. Short because there are two untested liquidity zones (a few hundred pips) lower where price will revert too 2. See aboveIgnored