Dislikedwell, maybe the channel isn't broken, it's still basically never broke it. i think the channel is stiil good though.Ignored
+ Charts Happen
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Dislikedwell, maybe the channel isn't broken, it's still basically never broke it. i think the channel is stiil good though.Ignored
DislikedEvery analyst is saying that a probable 50pt rate cut by the ECB tomorrow is already priced in EurUsd...
As i never trade expectations, i do however believe that since it is expected by the majority, won't have much influence on this pair... (Unless the rate cut is way of the predictions (big surprise would be no cut at all))
Past occurences had more impact, but now every investor is expecting the worse, so nothing new there.
What is having major impact in this pair has been risk aversion, so if equities start to recover it will follow to the...Ignored
DislikedI think we just saw how high it's willing to go. 2640 looks like the top and it could turn into a nice spike high on the 1H charts.Ignored
Dislikedvery possible..who knows. as for me...here is one way to help me determine the strength behind the bear and bull moves and who is stronger at this time. i do this because i dont use indicators.
i will post a 1min chart to show this. now on this 200pip push up there was quite a bit of strength. we can see this by checking out certain 1min candles and just how much bull power there was. they were long and possibly had quite a bit of volume behind them. what im trying to show is that when bulls are in control...the candlesticks speak for themselves...Ignored
Dislikedvery possible..who knows. as for me...here is one way to help me determine the strength behind the bear and bull moves and who is stronger at this time. i do this because i dont use indicators.
i will post a 1min chart to show this. now on this 200pip push up there was quite a bit of strength. we can see this by checking out certain 1min candles and just how much bull power there was. they were long and possibly had quite a bit of volume behind them. what im trying to show is that when bulls are in control...the candlesticks speak for themselves...Ignored
DislikedGood stuff.
If I understand correctly, with your method you would catch the trend after it has formed and tag along for a little ride.
Is that the idea? And if so, I wonder if there's a way for you to enter at the very beginning of the trend formation so you can catch it before it takes off? Seems like profits would greatly increase that way.Ignored
Disliked1.2650 is a number I've been seeing a lot of recently. Anybody else notice that? I'm anxious to see if we approach that again.Ignored
Dislikedlets see if it holds..2644...trying to post chart but still a dude.. anyway 2644 is a past s/r plus near a trend line from top the end of feb.. its still not broken..Ignored
Dislikedgator your usually with me against the trend did you get the last oneIgnored
Dislikedhere is another way to help me determine bias. patterns. now as mentioned before how pa behaves a strong resistance is reached determines for me if there is high breakout potential or not. currently....we are consolidating close to 1.2625...a very strong resistance. on the shorter timeframes, it looks like we could go lower yet again if 1.2600 is broken decisively. On the 15min timeframe though zoomed out all the way from the start of this uptrend..we are currently in a bull flag which if i was to place an order right now...it would make my bias...Ignored
DislikedI don't like that flag... that's to force flags a bit...
oh I see you corrected the chart.... lolIgnored
Dislikedyeah...i do post in a hurry sometimes...my 2000+ posts in less then 6months proves that haha...my bad..corrected my mistake as soon as i saw it. bull flag or not...pa is contained within a triangle at this time..im sure you see it too
btw guys...beige book report just released...next move should occur soon...Ignored