EURO. Channel 1,2330 - 1,3285. Wait the touch of scopes.
The 15 min chart show bullish continuatio pattern, and 4h chart show a bearish continuation pattern. So I think the simplest analysis by now should be: a moderate up, followed by a fall.
But obviously we have to see... I'm scalping now, long to take this 30-40 pips
, or maybe more, if it breaks the triangle (already taken half profit, 30 pips)
But obviously we have to see... I'm scalping now, long to take this 30-40 pips
, or maybe more, if it breaks the triangle (already taken half profit, 30 pips)
- #43,453
- Nov 5, 2008 4:08am Nov 5, 2008 4:08am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
The 15 min chart show bullish continuatio pattern, and 4h chart show a bearish continuation pattern. So I think the simplest analysis by now should be: a moderate up, followed by a fall.
But obviously we have to see... I'm scalping now, long to take this 30-40 pips
Now I've closed my long position. It's still under the superior trendline of the triangle on 1h/4h chart, so I think that for now the intermediate trend remains bearish. If I see a breakout of that triangle, I'll open other long positions.
- #43,456
- Nov 5, 2008 4:44am Nov 5, 2008 4:44am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
i am hurt by this move up.
Don’t worry guys, I will not be mad for someone that comes in here and disturbs our nice thread.
He isn’t well seen in many threads, I was back reading his posts.
Problem had solution with the ignore button, lol.
Let’s come back to trading, that is indeed difficult enough.
- #43,458
- Nov 5, 2008 5:03am Nov 5, 2008 5:03am
- | Joined Jul 2008 | Status: Happiness can only come from within | 1,080 Posts
Cobra, just to let you know (and the entire forum) that you're not only a good and respected trader here, you're a good human being, which is more important than being a good trader. I second all traders that supported you.
