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  • #84,081
  • Apr 8, 2009 3:56am Apr 8, 2009 3:56am
Quoting knuckledrag
Just trying to decide what to hold and what to get rid of
--- side note --- did BRV ever come back?
Yes he posted yesterday. There are some updates on his blog/website too.
  • #84,082
  • Apr 8, 2009 4:02am Apr 8, 2009 4:02am
Quoting RedCabbage
Yes he posted yesterday. There are some updates on his blog/website too.
Glad to hear it I'll check that out later at work if I have a chance
  • #84,083
  • Apr 8, 2009 4:05am Apr 8, 2009 4:05am
hope this works
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd040809-8.gif Size: 25 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #84,084
  • Apr 8, 2009 4:06am Apr 8, 2009 4:06am
Quoting knuckledrag
Glad to hear it I'll check that out later at work if I have a chance
The man's a genius - not only does he pen a great strategy but he formats for easy reference allowing him to keep his head down and not spend all day, everyday dealing with newbie questions.
  • #84,085
  • Apr 8, 2009 4:13am Apr 8, 2009 4:13am
Quoting RedCabbage
The man's a genius - not only does he pen a great strategy but he formats for easy reference allowing him to keep his head down and not spend all day, everyday dealing with newbie questions.
I'm glad he has the time and desire; he's a better man than I
  • #84,086
  • Apr 8, 2009 4:14am Apr 8, 2009 4:14am
Anybody knows if the down trend ends?
  • #84,087
  • Apr 8, 2009 4:18am Apr 8, 2009 4:18am
Either it will carry on down below 1.3210, which is not very likely after such a good move yesterday, or what is more likely, is, it will retrace from 1.3210 to test the 1.3289 area (at least) & possibly the 1.3365 area.
Good Trading. (keep it simple).
  • #84,088
  • Apr 8, 2009 4:18am Apr 8, 2009 4:18am
Quoting dago9944
Anybody knows if the down trend ends?
No nobody knows.
  • #84,089
  • Apr 8, 2009 4:20am Apr 8, 2009 4:20am
Looks like it respects the 76.4 line of fibo fan and monthly pivot:
Attached Image (click to enlarge)
Click to Enlarge Name: eudaily.gif Size: 23 KB
  • #84,090
  • Apr 8, 2009 4:23am Apr 8, 2009 4:23am
Quoting BillGates
Looks like it respects the 76.4 line of fibo fan and monthly pivot:
where can i learn how to draw those?
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #84,091
  • Apr 8, 2009 4:23am Apr 8, 2009 4:23am
Quoting Jasper
Either it will carry on down below 1.3210, which is not very likely after such a good move yesterday, or what is more likely, is, it will retrace from 1.3210 to test the 1.3289 area (at least) & possibly the 1.3365 area.
Just having another look at Charts, it appears to be rejecting the 1.3210 area at present, perhaps it will carry on down!!!!

Too soon to judge.
Good Trading. (keep it simple).
  • #84,092
  • Apr 8, 2009 4:27am Apr 8, 2009 4:27am
I hope...
  • #84,093
  • Apr 8, 2009 4:30am Apr 8, 2009 4:30am
Quoting dago9944
Anybody knows if the down trend ends?
If one knows the end of a trend then trading will be very easy but I doubt anyone one do. Anyone?
  • #84,094
  • Apr 8, 2009 4:32am Apr 8, 2009 4:32am
Quoting Jasper
Just having another look at Charts, it appears to be rejecting the 1.3210 area at present, perhaps it will carry on down!!!!

Too soon to judge.
all signs pointing up
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd040809-9.gif Size: 18 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #84,095
  • Apr 8, 2009 4:36am Apr 8, 2009 4:36am
yep I see the same
  • #84,096
  • Apr 8, 2009 4:46am Apr 8, 2009 4:46am
Quoting eaglestar
all signs pointing up
You maybe right about the retrace, but not all sign say up to me. Did you have a target in mind?
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 11.png Size: 31 KB
  • #84,097
  • Apr 8, 2009 4:48am Apr 8, 2009 4:48am
I've my take profit at 1.3127

It's so far...
  • #84,098
  • Apr 8, 2009 4:55am Apr 8, 2009 4:55am
Just entered short let`s see some move
  • #84,099
  • Apr 8, 2009 4:55am Apr 8, 2009 4:55am
Quoting RedCabbage
Short from 13300 as expected and now we are +30 from 13165. All good.
That's TP 1 @ 13227 probably best to take the +60 from here and let the German news decide the rest.
  • #84,100
  • Apr 8, 2009 5:03am Apr 8, 2009 5:03am
Quoting eaglestar
where can i learn how to draw those?
Most platforms provide fibo fan. Put the fibo fan at the lowest (or highest) point. If you are using MT4 platform, you can adjust the lines by double clicking the red dot line.

The cross of fibo fan lines and any trend line can sometimes setup a triangle pattern. Pay attention to the price breakout from these triangles.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-m15-ex.gif Size: 33 KB
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