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  • #96,521
  • May 15, 2009 1:55am May 15, 2009 1:55am
Quoting fontu
My tp shorts 1st 1.3564,next 1.3530 & next 1.3478 assuming the H & S shoulder in H4 starts action but still not so convincing .
fontu
the next H4 candle might be the big slide to 1.3530
i am trying not to look at the lower TFs because they might distract me
Some drink at the fountain of knowledge. Others just gargle !
  • #96,522
  • May 15, 2009 1:56am May 15, 2009 1:56am
I would be very careful about longs now.

Remember my last chart

Editing: Do not short either here, the level was above 1.3650, what I did, I have lot of shorts some closed at 1.3582 seconds ago all in profit, now let's see if we got that 1.3575 close.This M30 will say who will win.
  • #96,523
  • May 15, 2009 1:57am May 15, 2009 1:57am
My SL moved to BE +1
  • #96,524
  • May 15, 2009 1:59am May 15, 2009 1:59am
Quoting plan-b
the next H4 candle might be the big slide to 1.3530
i am trying not to look at the lower TFs because they might distract me
yes , I am thinking so & also not seeing below H1 & not doing for 10/20pips trades .
. set & forget & sometimes changes the values , do or die.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #96,525
  • May 15, 2009 1:59am May 15, 2009 1:59am
Quoting fontu
My tp shorts 1st 1.3564,next 1.3530 & next 1.3478 assuming the H & S shoulder in H4 starts action but still not so convincing .
fontu
H4 charts are slow, this should take time. If you want a guesstimate.. this move will soon reach a low possibly around 570s or right here then go back up 50+ pips, and then down again, real question is about this last down during NY - will it be 50 pips or 200...

Either way, as I'm looking for 20 pips daily, current plan is to take a long bounce from right above 550 or a short bounce from 650 if it gets to either fast anough or maybe something esle later. Ussualy I'd already be in a trade but this morning - the last one and a half boring hours I've been watching this, can't see anything safe or even nearly clear anough to trade here. Which is why I'm writing here in the meantime

Good luck
On the path to Enrichment.
  • #96,526
  • May 15, 2009 2:01am May 15, 2009 2:01am
Quoting Jurrasic
H4 charts are slow, this should take time. If you want a guesstimate.. this move will soon reach a low possibly around 570s or right here then go back up 50+ pips, and then down again, real question is about this last down during NY - will it be 50 pips or 200...

Either way, as I'm looking for 20 pips daily, current plan is to take a long bounce from right above 550 or a short bounce from 650 if it gets to either fast anough or maybe something esle later. Ussualy I'd already be in a trade but this morning - the last one and a half boring hours...
u're right , this week all sux
CrizZzZzZzZz
  • #96,527
  • May 15, 2009 2:02am May 15, 2009 2:02am
Quoting BoredToLoose
I would be very careful about longs now.

Remember my last chart

yes i remember it and u remove it .. i dont know why ???
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,528
  • May 15, 2009 2:03am May 15, 2009 2:03am
Quoting Atlast
My SL moved to BE +1

u r better than me +1 or more

i am 0 or more
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,529
  • May 15, 2009 2:04am May 15, 2009 2:04am
A scratch trade + 1 pip, long again above 1.3601
  • #96,530
  • May 15, 2009 2:06am May 15, 2009 2:06am
Quoting WedWed
yes i remember it and u remove it .. i dont know why ???

What chart are you talking about?
  • #96,531
  • May 15, 2009 2:08am May 15, 2009 2:08am
Quoting BoredToLoose
What chart are you talking about?

Last chart
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,532
  • May 15, 2009 2:10am May 15, 2009 2:10am


A break of one of that lines and .....
Attached Image (click to enlarge)
Click to Enlarge Name: m1514052009.gif Size: 11 KB
  • #96,533
  • May 15, 2009 2:13am May 15, 2009 2:13am
Quoting BoredToLoose


A break of one of that lines and .....
Possibly the worse TF to trade in my biased opinion
  • #96,534
  • May 15, 2009 2:13am May 15, 2009 2:13am
Quoting BoredToLoose


A break of one of that lines and .....

yes this what i mean ... Thanxs

i can read in you chart that bounce up it may happen @ 1.3685 or near
Never sell @ lower upward channel unless breacked and vise versa .
  • #96,535
  • May 15, 2009 2:15am May 15, 2009 2:15am
Quoting Atlast
Possibly the worse TF to trade in my biased opinion
I hope you are fine and all OK.

I do not trade that TF, was only to set the Channel and help my higher ones.
IMO we will go down and this channel will play.

Let's see
  • #96,536
  • May 15, 2009 2:16am May 15, 2009 2:16am
I see this as a short-term long opportunity. I don't have the time to post the chart at the mo'.

Profit potential 1.3620

But I won't be taking the trade as confirmation indicators are not in alignment.
  • #96,537
  • May 15, 2009 2:18am May 15, 2009 2:18am
Quoting WedWed
yes this what i mean ... Thanxs

i can read in you chart that bounce up it may happen @ 1.3685 or near
...if do not break now it can break to the upside and I will close some shorts before that, I have a "ghost line" now, then I will play only above 1.3730.

A break to the upside will be around 1.3637 not 1.3685
  • #96,538
  • May 15, 2009 2:19am May 15, 2009 2:19am
Quoting BoredToLoose
I hope you are fine and all OK.

I do not trade that TF, was only to set the Channel and help my higher ones.
IMO we will go down and this channel will play.

Let's see


I now hve a resting order at 1.3571 with tight SL
  • #96,539
  • May 15, 2009 2:19am May 15, 2009 2:19am
Ok so I'll be the one to say it...why are the Euro equity markets still in the green...
"The markets are the greatest chess match ever played."
  • #96,540
  • May 15, 2009 2:26am May 15, 2009 2:26am
Quoting WedWed
yes this what i mean ... Thanxs

i can read in you chart that bounce up it may happen @ 1.3685 or near
Edit :just to correction

i mean 3586
Never sell @ lower upward channel unless breacked and vise versa .
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