And again same story:
US opens - Move to counter-directory to kick out stop losses and then go onto the real move.
is very nice
The best thing that can happen to you is to find out where you're wrong.
- #39,681
- Oct 16, 2008 8:15am Oct 16, 2008 8:15am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
is very nice
- #39,683
- Oct 16, 2008 8:20am Oct 16, 2008 8:20am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #39,685
- Oct 16, 2008 8:32am Oct 16, 2008 8:32am
- Joined Mar 2008 | Status: Still testing and trading | 1,454 Posts
- #39,687
- Oct 16, 2008 8:43am Oct 16, 2008 8:43am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
wtf is going on with gold?
- #39,688
- Oct 16, 2008 8:58am Oct 16, 2008 8:58am
- Joined May 2006 | Status: Still here. | 2,602 Posts
wtf is going on with gold?
- #39,689
- Oct 16, 2008 9:03am Oct 16, 2008 9:03am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
Looks like heavily being sold?
- #39,690
- Oct 16, 2008 9:06am Oct 16, 2008 9:06am
to all you curious minds out there about candlestick patterns. here is another common one...live and basic. the flagpole and flag which leads to break up most of the time. simple stuff no?
i show it on 5min chart even though i noticed on 15min...looks better
Attachment
Sorry it took me so long to find this. I remebered seeing this a while back. Normally it is a bullish set-up. I hope this helps.
- #39,691
- Oct 16, 2008 9:07am Oct 16, 2008 9:07am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
to all you curious minds out there about candlestick patterns. here is another common one...live and basic. the flagpole and flag which leads to break up most of the time. simple stuff no?
i show it on 5min chart even though i noticed on 15min...looks better
Attachment
I like your simple trading approach and I try today something simmilar on demo account. Pure trendline trading on M15 and M5. The bounce probability is higher then break. So when break I'll close position and wait for retest.
Today I've got only two trades that I have to reverse, rest was in profit with over 180 pips
.This looks to easy that can be true
.
one more left
- #39,697
- Oct 16, 2008 9:36am Oct 16, 2008 9:36am
Hi psiholog,
I like your simple trading approach and I try today something simmilar on demo account. Pure trendline trading on M15 and M5. The bounce probability is higher then break. So when break I'll close position and wait for retest.
Today I've got only two trades that I have to reverse, rest was in profit with over 180 pips
This looks to easy that can be true
