all i can see is a bull trap so far
alexpio
- #21,843
- May 23, 2010 7:49pm May 23, 2010 7:49pm
- Joined Jan 2010 | Status: My Coffee is Cold :( | 3,632 Posts
- #21,845
- May 24, 2010 2:38am May 24, 2010 2:38am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
thats for joining my blog , i think it wont be possible to post a chart there but u can post it here for me
Success consists of going from failure to failure without loss of enthusiam
- #21,846
- May 24, 2010 2:47am May 24, 2010 2:47am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
I may be wrong, but I'm pretty sure this is the start of a new leg with the first resistance on the H1 set at 0.8435 area. If it breaks above it, I doubt very very much that it will run away without testing that area as support. These support/resistance levels are dynamic in nature, so they will move up and down with the price. But it is said that a picture is worth a thousand words, so I'm uploading about 5000 words and leaving it up to you to make your guess.
alexpio
with that pictures you're painting, yes you can say you can guess
i have learned the hardway and to be honest, i'm not guessing my friend for this is my business i'm a full time live trader , for 2 years now and so far, i have more winners than lossers. don't be overwhelmed with your ego my friend for it will blow off your accounts too fast... i've been there are you trading live my friend? you seem to have a crystal ball with you for you are so sure about the market
Success consists of going from failure to failure without loss of enthusiam
- #21,847
- May 24, 2010 3:53am May 24, 2010 3:53am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
DongS,
Here to be your trading/thread buddy. I'm new to forex but I have been gambling up the AUD drop from 9300, my first trades. I got out on thursday and looking to get back in around 8500. 8560 would be sick but doubt my trigger finger can wait that long to get back on this train to 7700
that's a very common error of most traders (including me) to predict and gamble. the market is not random nor cyclical, it's a bit of both the reason why it's not a good idea to forecast and predict because of it's randomness nature, can read pattern and project direction (sometimes it work but not sure) because of it's cyclical nature.
consider trading as a business my friend like most of us do, never gamble... if so, just close all your trade, widthraw all your equity and go to casino hehheeheh there you can have 50/50 chance... of probability.
no one is certain where the price could go, but just like me and the rest here, follow the move of the market, feel here
and you can make pips.
Success consists of going from failure to failure without loss of enthusiam
- #21,848
- May 24, 2010 5:24am May 24, 2010 5:24am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
goodluck to you my friend, i like your spirit very much 
be good and be safe. you can check my journal. http://www.forexfactory.com/showthread.php?t=237739
ciao
be good and be safe. you can check my journal. http://www.forexfactory.com/showthread.php?t=237739ciao
Success consists of going from failure to failure without loss of enthusiam
- #21,853
- May 25, 2010 3:19am May 25, 2010 3:19am
i was long EUR/AUD for 3 days last week, but didnt like the longer term still bearish setup with the euro, so just rode the bounce and got out. Everyone seems to be focusing on the euro and nobody gives a crap about the AUD from what i see. Love to get some energy focused on the AUD.
lol but while everyone was looking at euro... i was able to sneak in the backdoor on aud.
- #21,854
- May 25, 2010 3:47am May 25, 2010 3:47am
- Joined Sep 2009 | Status: Trader | 5,979 Posts
http://jesus-forex-daily-analysis.bl...1_archive.html
anyone followed my blog yesterday is now at more than 200 pips profit ,
follow my blog here and make sure u click follow
thanks
keep it up be good and be safe
Success consists of going from failure to failure without loss of enthusiam
