quick 7 pips break of r/n retrace then short 1.3448
Attached Image (click to enlarge)
trading801's Koala Forex Articles and EUR/USD views
- #10,561
- Apr 20, 2010 10:39am Apr 20, 2010 10:39am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #10,562
- Apr 20, 2010 10:42am Apr 20, 2010 10:42am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
oh franics...
yah, ultimately forex = sentiments.. hence i seldom look at S/R from a technical point only..
the red lines on my eur/usd reviews, are a result of my study on the various time frames from data all the way 2005.
What i am looking for is a continued response on the various levels....
i have been getting many requests on this.. may do an article soon.. guess many folks want to learn my secrets and dethrone me LOL
- #10,563
- Apr 20, 2010 10:45am Apr 20, 2010 10:45am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
nice 
quick 7 pips break of r/n retrace then short 1.3448
We are here to help each other... We Learn Forex Together!
- #10,564
- Apr 20, 2010 10:56am Apr 20, 2010 10:56am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #10,565
- Apr 20, 2010 11:02am Apr 20, 2010 11:02am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #10,567
- Apr 20, 2010 11:11am Apr 20, 2010 11:11am
- | Commercial User | Joined Aug 2008 | 7,691 Posts
Thanks KK no its just that people talk of supply and demand levels and if you look at the charts those levels can be 10s of pips wide if you take spikes of price and closes etc into account and i try to review them so as not to trade at those choppy areas but it isnt easy determining them always
- #10,568
- Apr 20, 2010 11:13am Apr 20, 2010 11:13am
- | Joined Aug 2009 | Status: Nothing to say | 1,701 Posts | Online Now
- #10,569
- Apr 20, 2010 11:14am Apr 20, 2010 11:14am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #10,572
- Apr 20, 2010 11:21am Apr 20, 2010 11:21am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Hi forex4pty, how are you my friend? 
Hey I miss the Party here=?????
HELLLOO Koalas!!!! how you doing today
We are here to help each other... We Learn Forex Together!
- #10,573
- Apr 20, 2010 11:23am Apr 20, 2010 11:23am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #10,575
- Apr 20, 2010 11:24am Apr 20, 2010 11:24am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
I don't think break this level in NY session but maybe break in Asia session. 
Hey Francis, Masoud.
Do you Koalas think this baby will break 1.3400 tonight?
It's looking mighty weak at the moment.
There is not much to keep it up after it breaks the bottom of the previous bar.
A51
We are here to help each other... We Learn Forex Together!
- #10,576
- Apr 20, 2010 11:24am Apr 20, 2010 11:24am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
S/R lines are never a single pip ! have an article on that too
- #10,579
- Apr 20, 2010 11:32am Apr 20, 2010 11:32am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
Plenty of sun my Friend (But I wore a hat)
Well rested and back on the horse.
Closed my USD CHF trade at BE.
Closed my EURGBP for + 52 pips.
Gotta love this business.
Francis, did you take that USDCAD trade. The daily pin bar was a beauty and with the trend. Missed it as I was watching other pairs. Oh Well. More to come.
A51