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  • #246,481
  • May 21, 2010 12:38pm May 21, 2010 12:38pm
Quoting gatorinla
i used 1m cause they are every where.. the bigger the tf the bigger the move.. that last one atm was just 13 pips.. i would not have traded it.. but was using is as a live example.. i rarely scalp
thank you G. I'm getting closer man..learning I mean. I've been trying to get more precise and it helps to see those wedges drawn up. I do somewhat the same but what I have a hard time with is how many false breaks there are on the longer tf's where it jumps back in...i've gotta just get in/out quicker I guess

Might be one here...edit: looks like ya beat me to it edit again: well i'll be shortin with ya

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  • #246,482
  • May 21, 2010 12:39pm May 21, 2010 12:39pm
We can also look it like this, still inside uptrend channel.
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  • #246,483
  • May 21, 2010 12:43pm May 21, 2010 12:43pm
Quoting kandarv
I'm not seeing any bears. Still inside uptrend channel.

I'm probably wrong though.
i hear ya.. they usually are sneaky.. but in view if you look
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those who can, do. those who cant, talk about those who can
  • #246,484
  • May 21, 2010 12:43pm May 21, 2010 12:43pm
EURUSD is gonna close this week near 3 important supports: the down-trend support of past days, the new up-trend support and the last strong support of 1.24444. Next week we will see the final trend of EURUSD till the end of the year.
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  • #246,485
  • May 21, 2010 12:46pm May 21, 2010 12:46pm
Quoting uraceulose
thank you G. I'm getting closer man..learning I mean. I've been trying to get more precise and it helps to see those wedges drawn up. I do somewhat the same but what I have a hard time with is how many false breaks there are on the longer tf's where it jumps back in...i've gotta just get in/out quicker I guess

Might be one here...edit: looks like ya beat me to it edit again: well i'll be shortin with ya

Attachment
they will help with your fib trades.. to see if it has a better bounce chance or not. they can show you s/r that you never knew was there,
those who can, do. those who cant, talk about those who can
  • #246,486
  • May 21, 2010 12:52pm May 21, 2010 12:52pm
Here is my Elliot Wave Definition on EU 4H chart, we completed the ABC correction and next week I will wait for a break above/below the last high/low to enter trade
Let me know if you disagree with this Wave definition at which point
http://img99.imageshack.us/img99/3963/euchart.gif
http://yfrog.com/2reuchartg
  • #246,487
  • May 21, 2010 12:53pm May 21, 2010 12:53pm
Quoting gatorinla
they will help with your fib trades.. to see if it has a better bounce chance or not. they can show you s/r that you never knew was there,
yeah the diagonal S/R is tough to get down..
  • #246,488
  • May 21, 2010 12:55pm May 21, 2010 12:55pm
That 1.2590 resistance could define the end of day.
  • #246,489
  • May 21, 2010 12:57pm May 21, 2010 12:57pm
Quoting kandarv
That 1.2590 resistance could define the end of day.
1,2597 or 1.2629 can .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #246,490
  • May 21, 2010 12:58pm May 21, 2010 12:58pm
Quoting gatorinla
they will help with your fib trades.. to see if it has a better bounce chance or not. they can show you s/r that you never knew was there,
gator, is 1.26 an ideal entry for short?
  • #246,491
  • May 21, 2010 12:59pm May 21, 2010 12:59pm
Quoting fontu
1,2597 or 1.2629 can .
fontu
  • #246,492
  • May 21, 2010 12:59pm May 21, 2010 12:59pm
I'm ready to follow Gator's advice and sell @ 1.26016 lets see.
  • #246,493
  • May 21, 2010 1:01pm May 21, 2010 1:01pm
Quoting goldpoll
Here is my Elliot Wave Definition on EU 4H chart, we completed the ABC correction and next week I will wait for a break above/below the last high/low to enter trade
Let me know if you disagree with this Wave definition at which point
http://img99.imageshack.us/img99/3963/euchart.gif
http://yfrog.com/2reuchartg
Nice Elliot analysis, next week will be decisive and we will see a lot of volume and volatility, maintain tight stop losses in any direction.
  • #246,494
  • May 21, 2010 1:03pm May 21, 2010 1:03pm
Quoting uraceulose
yeah the diagonal S/R is tough to get down..
i did learn one thing trading. those guys on tv and many of the so called experts. are not as bright as i was led to believe my entire life. you still got people who don't get it.. they lost 50% in there 401k. that's in paper value. they lost much more in purchasing power, because dollar value declined. so in reality ended up with maybe 20% of what they had 10 years ago.. -80% and they still feed the sheep bull shit.. and the sheep eat it with a smile..
those who can, do. those who cant, talk about those who can
  • #246,495
  • May 21, 2010 1:04pm May 21, 2010 1:04pm
Quoting Trad3r
Next week we will see the final trend of EURUSD till the end of the year.
Yes, it's going straight up to 1.65, because they just print 1$ tillion
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,496
  • May 21, 2010 1:07pm May 21, 2010 1:07pm
Quoting podrilla
gator, is 1.26 an ideal entry for short?
with a tight sl.. i got one pending there too
those who can, do. those who cant, talk about those who can
  • #246,497
  • May 21, 2010 1:09pm May 21, 2010 1:09pm
Lost the entry @ 1.26016 for 2-3 pips
  • #246,498
  • May 21, 2010 1:09pm May 21, 2010 1:09pm
Quoting gatorinla
with a tight sl.. i got one pending there too
alright..lets hope for the bear to return
  • #246,499
  • May 21, 2010 1:12pm May 21, 2010 1:12pm
Quoting podrilla
gator, is 1.26 an ideal entry for short?
Good spot to try with a tight stop. I would wait for a down move, make sure it sets a nice higher low and jump in for the ride back up.
  • #246,500
  • May 21, 2010 1:12pm May 21, 2010 1:12pm
Quoting uraceulose
developed buy signal in M15 wherase m30 already sell signal , m5 already sell one for some time , all amalgamated .price falling in m15 last cd candle but to close at over 1.2594 n now stop 60/69/54 & bounce in the candle or another candle up & so 1.2629 not so high , good resistant there as b ,ok.praying me too , nothing works good today.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
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