M15 bullish flag?
- #39,053
- Oct 13, 2008 3:40am Oct 13, 2008 3:40am
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
seems to go south.
what do you think psiholog?
Since GU has moved i expect it to follow soon
- #39,054
- Oct 13, 2008 4:05am Oct 13, 2008 4:05am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
for those of you thinking entering long...1.3575/85 will be the area to watch...im pretty sure it will come...if that uptrend black line does not get broken...buy buy buy!
EDIT: it could go as low as 1.3545 as that is 61.8% retracement and currently tap the uptrend black line...still bias today is LONG
Attachment
woulda made 250pips today already =/..too bad im punished for breaking mm friday...ah well
in any case...all i said is true as proven by breaking the uptrend black line and not dropping at all...this is very bullish. if there is ever a time to go long it is now with 40-50pip stop loss or when your indicators say googogoog buy....knock yourselves out guys im still punished and profit 0 pip =/
EDIT: that "break down here here" is not valid anymore...ignore as it serves no purpose
DOUBLE EDIT: that black uptrend line now serves as resistance until broken...combined with 23.6%. both broken=continuation up...if they prove strong resistance we may see a move down...keep an eye on it!
TRIPLE EDIT: if we do break up...target is over 150+ pips gain
Quadruple Edit: im going right back to sleep...snore...snore...dont get trapped in bear or bull moves....happy pippin all
Different opinions highly valued, ignorant to slander.
MA 40 H4 still holds the bull.. as well as H1 89, 30m 200 etc etc.. too many resistances.. as for me, its good for shorting.. but I dont.. maybe later or tomorrow 
either price crosses my MAs or continue to the south
either price crosses my MAs or continue to the south
Money often costs too much... 
- #39,060
- Oct 13, 2008 5:38am Oct 13, 2008 5:38am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
havent fallen asleep yet. now that the black wall was broken it means that uptrend is still valid with the lower wall extended. now we must watch that second wall for a break down. as far as continuation up....where the current uptrend channel meets a previous trendline is a good second resistance..(1.3725) and the final resistance is last weeks high before 1.38
i was counting on this move since last thursday...too bad i cant take part
in any case...i truly am going back to sleep now...do not expect a smooth ride up either...trailing stop will take you out...take profit command will not get hit...only your mind and intuition will keep you on the right side of the trade
i was counting on this move since last thursday...too bad i cant take part
in any case...i truly am going back to sleep now...do not expect a smooth ride up either...trailing stop will take you out...take profit command will not get hit...only your mind and intuition will keep you on the right side of the trade
Different opinions highly valued, ignorant to slander.