Hi guys if you're wondering why there was heavy resistance at the 4540 level, check out the chart I've attached. It is a weekly chart. You can see the red line of resistance I've drawn.
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
Dislikedin case you guys are wondering we are in a consolidation period. The uptrend line has not been broken yet and we are getting close to it. We may see another leg up or a break down (possibly to 61.8%) or 1.4420 after which uptrend continues.....it will be interesting how this develops....there are about 6 hours of good trading left
we are in bull territory people...dont fight then trend unless you scalp..just a word of adviceIgnored
DislikedGood calls on that last upmove. Nice to confirm your analysis with my setups...and ride the bull up with youIgnored
Dislikedglad to be of help...that is the best inverted head and shoulder pattern i have ever seen...saw it since mondayIgnored
Dislikedit seem like its making another smaller cup ... could get another nice 50 pips.. price at 1.4485 right now...Ignored
Dislikednext bull run may start soon...theres a descending triangle and upper wall was just tapped...just not sure yet where the lower wall is yet..check your indicators
ah found it...14470...i will post chart in a sec...Ignored
I'm so lost here. Since going live on Monday I've lost 1/3 of my capital.Ignored
DislikedI like this triangle type of analysis that you do with your charts. I'm still trying to figure out how I can' integrate your triange strategy with my strategies.Ignored
I'm so lost here. Since going live on Monday I've lost 1/3 of my capital. I don't know if this week is just different than others or what. I've seen potential to make a lot of pips, but I've obviously been on the other side.
I've tried looking at fibs, triangles, pivots, etc. None of which seem to help me much. I must be using them incorrectly.
Not sure where to go from here. Part of me wants to stick with it and another part of me wants to quit... forever.
Everytime I think I have a working strategy and then try it live, it fails. For instance, I was looking at stochs and rsi's. I found a simple strategy that when looking at a chart's history, it seems good, but when trying live it failed. I'd either get it too late waiting for confirmation or I'd get in too early and didn't let what I was looking for fully form.
I'm so lost I don't know what to do. This probably has been an odd week, but there's been lots of movement and movement to me = opportunity.
Any advice, comments, slaps in the face, suggestions are welcome.