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  • #43,461
  • Nov 5, 2008 5:18am Nov 5, 2008 5:18am
Quoting Pride
Half profit taken, and half is locked
Touched the rising trendline on 15m chart.. breakout or bounce?

If wins the breakout a lot of green pips for me

Am I alone on this thread now?

Ah my name is Andrea, yesterday was the first time I posted on this thread, and one of the firsts on this forum... hi to all!
  • #43,462
  • Nov 5, 2008 5:22am Nov 5, 2008 5:22am
Quoting Pride
Touched the rising trendline on 15m chart.. breakout or bounce?

If wins the breakout a lot of green pips for me

Am I alone on this thread now?

Ah my name is Andrea, yesterday was the first time I posted on this thread, and one of the firsts on this forum... hi to all!
Hi, welcome!
  • #43,463
  • Nov 5, 2008 5:31am Nov 5, 2008 5:31am
I like it long...per usual.
  • #43,464
  • Nov 5, 2008 5:34am Nov 5, 2008 5:34am
Quoting TIckerShuffl
I like it long...per usual.
Possibly now the brokers have stopped the gullible, we can continue the rise above the daily pivot.
If it's too good to be true, it probably is.
  • #43,465
  • Nov 5, 2008 5:44am Nov 5, 2008 5:44am
See some confusion in EUR USD daily... is it up or down? any thought?
  • #43,466
  • Nov 5, 2008 5:46am Nov 5, 2008 5:46am
How are looking the Fibo on M15 chart?
  • #43,467
  • Nov 5, 2008 5:49am Nov 5, 2008 5:49am
Quoting FX is cool
See some confusion in EUR USD daily... is it up or down? any thought?
For now I'm short with profits locked, and I don't close my positions. It's supported by a rising trendline on 15m chart, so for now it's supposed to be up until a breakout occur (if a breakout occur, obviously ).


Thx TradeWell
  • #43,468
  • Nov 5, 2008 5:50am Nov 5, 2008 5:50am
Quoting Peteris
How are looking the Fibo on M15 chart?

Looking hot. french vogue is after him
  • #43,469
  • Nov 5, 2008 5:55am Nov 5, 2008 5:55am
should be more upside, no?

1.34 seems feasible.
  • #43,470
  • Nov 5, 2008 5:55am Nov 5, 2008 5:55am
Quoting Pride
For now I'm short with profits locked, and I don't close my positions. It's supported by a rising trendline on 15m chart, so for now it's supposed to be up until a breakout occur (if a breakout occur, obviously ).


Thx TradeWell
But, as I've said before, there a triangle an 4h chart, so intermediate trend is for now in a bearish continuation pattern.
  • #43,471
  • Nov 5, 2008 5:58am Nov 5, 2008 5:58am
This might be the right shoulder forming.
  • #43,472
  • Nov 5, 2008 6:03am Nov 5, 2008 6:03am
Quoting wildcards1
This might be the right shoulder forming.
Wow, I hadn't noticed that possible head and shoulders continuation pattern on 4h chart...

And it seems to lack momentum to go up now... for me is short, but I remain with my locked pips, I don't add anything to short for now, I'm not sure.
  • #43,473
  • Nov 5, 2008 6:06am Nov 5, 2008 6:06am
From what i understand today, the head and shoulders pattern is lloking downside till 1.2450
Attached Image (click to enlarge)
Click to Enlarge Name: 05112008_1404.gif Size: 22 KB
  • #43,474
  • Nov 5, 2008 6:13am Nov 5, 2008 6:13am
Quoting eddiemiller
From what i understand today, the head and shoulders pattern is lloking downside till 1.2450
Why 1.2450?

If it's a fake reverse head and shoulder this will continue up, but if it's a true reverse head and shoulder and it breaks the neckline, I think it will point much lower than 1.2450.
  • #43,475
  • Nov 5, 2008 6:13am Nov 5, 2008 6:13am
Quoting SimonK
Possibly now the brokers have stopped the gullible, we can continue the rise above the daily pivot.
The gulliable stop themselves, especially the ones who are always blaming the brokers. Not saying you are. Just too many don't want to take blame for their own actions. We alone decide the outcome of a trade by where we place our stops or worse yet, not using any at all.
  • #43,476
  • Nov 5, 2008 6:18am Nov 5, 2008 6:18am
The rest of the world is counting on us
  • #43,477
  • Nov 5, 2008 6:20am Nov 5, 2008 6:20am
Quoting SunTrader
The gulliable stop themselves, especially the ones who are always blaming the brokers. Not saying you are. Just too many don't want to take blame for their own actions. We alone decide the outcome of a trade by where we place our stops or worse yet, not using any at all.
Not blaming the brokers or banks. We have to be aware of them manipulating the market around news, that's all.
If it's too good to be true, it probably is.
  • #43,478
  • Nov 5, 2008 6:23am Nov 5, 2008 6:23am
If it is not the shoulder it looks like it may go upwards.
Attached Image
  • #43,479
  • Nov 5, 2008 6:24am Nov 5, 2008 6:24am
Nostradomas quantain #234
  • #43,480
  • Nov 5, 2008 6:33am Nov 5, 2008 6:33am
Quoting wildcards1
If it is not the shoulder it looks like it may go upwards.
That's an interesting chart. Hmm..it is possible...
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