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EURUSD

  • #99,281
  • May 22, 2009 3:44am May 22, 2009 3:44am
First Tp 1.3942
  • #99,282
  • May 22, 2009 3:44am May 22, 2009 3:44am
Quoting Atlast
Shorted at 1.3962 on reversal signal

Short from 139.77.. dont think it will eat my stop...which is at break even... 4 hr confirms a reversal ...
Markets are not Random, they are designed!
  • #99,283
  • May 22, 2009 3:46am May 22, 2009 3:46am
agree boys?
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  • #99,284
  • May 22, 2009 3:48am May 22, 2009 3:48am
Quoting notch
What is sustained on a 3min chart?
Good question. A test of upper trendline or double top whichever comes first.
Incidentally if you kept on your eyes on the 3 min chart you would have seen 9 green candles, high probability reversal signal, even if only for scalping
  • #99,285
  • May 22, 2009 3:51am May 22, 2009 3:51am
Quoting Atlast
Shorted at 1.3962 on reversal signal
Hi, what do you use for your reversal signal?
  • #99,286
  • May 22, 2009 3:51am May 22, 2009 3:51am
Notch Cycle crossed below zero. I've gone short. I think we have reached the high of today and we'll auction down to 1.36349 over the coming days in a series of 3 corrective waves.

Ultimate profit target 1.36481

will review at 1.38975, 1.38479, 1.37975, 1.37483, 1.36988

Stop is 50 pips above the high of the day.

I'm off back to bed. Happy trading.
  • #99,287
  • May 22, 2009 3:51am May 22, 2009 3:51am
and what if it breaks north out of the channel instead of going down ?
at what price?
  • #99,288
  • Edited 3:53am May 22, 2009 3:51am | Edited 3:53am
Second half SL moved in BE+2. Always make a profit, even if little (i.e. don't let a winner turn into a loser).
  • #99,289
  • May 22, 2009 3:57am May 22, 2009 3:57am
Quoting forexer83
agree boys?
completely I dont have the time to post my drawings but its very simular!

Cheers WG
  • #99,290
  • May 22, 2009 4:00am May 22, 2009 4:00am
Quoting Atlast
Shorted at 1.3962 on reversal signal
hi plz can u tell me what u r using as indicator or dont know what else
to know from here we should do sell ??????????? 13962
can u tell me
  • #99,291
  • May 22, 2009 4:00am May 22, 2009 4:00am
Quoting Atlast
Always make a profit, even if little (i.e. don't let a winner turn into a loser).
Yeah, amen to that....plus, don't go outside for ciggies when trading!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #99,292
  • May 22, 2009 4:01am May 22, 2009 4:01am
Second half SL hit. I will be back short below 1.3942 for small scalp
  • #99,293
  • May 22, 2009 4:12am May 22, 2009 4:12am
Quoting Elghoz
hi plz can u tell me what u r using as indicator or dont know what else
to know from here we should do sell ??????????? 13962
can u tell me
Take a look at how I explained the 9 candle pattern (actually 8 printed, the ninth you would have seen in progress). I don't use indicators, my reversal signals are based off price action, pattern and one other (one of the few I don't reveal here). Also, take a look into Vic's 2 B sell signal. It worked here for instance. Google it and it will give you the quick set-up.
  • #99,294
  • May 22, 2009 4:18am May 22, 2009 4:18am
Quoting Atlast
Second half SL hit. I will be back short below 1.3942 for small scalp
EU really hard to go down...
  • #99,295
  • May 22, 2009 4:19am May 22, 2009 4:19am
Quoting Atlast
Take a look at how I explained the 9 candle pattern (actually 8 printed, the ninth you would have seen in progress). I don't use indicators, my reversal signals are based off price action, pattern and one other (one of the few I don't reveal here). Also, take a look into Vic's 2 B sell signal. It worked here for instance. Google it and it will give you the quick set-up.
where???
  • #99,296
  • May 22, 2009 4:25am May 22, 2009 4:25am
Quoting John Lo
EU really hard to go down...
John, it never got below 1.3942. If you're still in it may still work out as it is up against a resistance.
  • #99,297
  • May 22, 2009 4:28am May 22, 2009 4:28am
In short at 1.3956 with SL 1.3963
  • #99,298
  • May 22, 2009 4:31am May 22, 2009 4:31am
SL moved to 1.3960. I will post out this trade, and not the others.
First TP 1.3946
  • #99,299
  • May 22, 2009 4:36am May 22, 2009 4:36am
TP reached, move 2nd half SL to 1.3958
  • #99,300
  • May 22, 2009 4:36am May 22, 2009 4:36am
Quoting Atlast
SL moved to 1.3960. I will post out this trade, and not the others.
First TP 1.3946
Atlas,
may to share how your analyze it? Tq.
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