AUD/USD is about to go south, what do you guys think?
- #7,782
- Feb 3, 2011 7:46pm Feb 3, 2011 7:46pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #7,786
- Feb 3, 2011 8:35pm Feb 3, 2011 8:35pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
AUD/USD is about to go south, what do you guys think?
poles are still north
until you observe a bearish flagpole its not a sell even if it is @ a supply zone - when ANY PAIR ON ANY TF is going to change trend the poles will switch direction
then PA has given us the confirmation we need - let it happen and we will trade it south
- #7,787
- Feb 3, 2011 8:44pm Feb 3, 2011 8:44pm
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
TP1 got hit at 1352, most of it closed there and just closed the rest manually.
btw as expected
i fell asleep LOL.
but hey all good here ended up green
just looking for some more setups before NFP
lets see,
MOring
btw as expected
i fell asleep LOL.but hey all good here ended up green
just looking for some more setups before NFP
lets see,
MOring
we need further PA to really tell, but its not likely to happen tonight with NFP
need to stay the course for now, if l get to entry l might close it
will monitor
- #7,790
- Feb 3, 2011 9:13pm Feb 3, 2011 9:13pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
[quote=Scarlett;4370958]
there is no instrument title, a tf and no number of candles specified
...... but you still know which way the momentum is
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poles are still north
until you observe a bearish flagpole its not a sell even if it is @ a supply zone - when ANY PAIR ON ANY TF is going to change trend the poles will switch direction
Just to clarify since I'm just starting to follow this thread:
Do you mean a flagpole as in a momentum candle?
Not necessarily the whole flag pattern which is a continuation pattern and wouldn't signify a trend switch.
Thanks in advance...
there is no instrument title, a tf and no number of candles specified
...... but you still know which way the momentum is
hmm what ever I read and try in forex and " forex-strategies " it is very similar to poker.
You enter a trade/ a hand with good odds but if you will win no one knows. I'm still not sure if forex is the right thing for me
By the way I'm trading on paper since 8 month with no success. And I have tried so many different strategies. Even my money management is correct I don't risk more than 2% of my money per trade.
Any ideas what I can change or what to do now.
You enter a trade/ a hand with good odds but if you will win no one knows. I'm still not sure if forex is the right thing for me
By the way I'm trading on paper since 8 month with no success. And I have tried so many different strategies. Even my money management is correct I don't risk more than 2% of my money per trade.
Any ideas what I can change or what to do now.
- #7,794
- Feb 3, 2011 11:14pm Feb 3, 2011 11:14pm
- Joined Feb 2009 | Status: Illegitimi non carborundum | 3,526 Posts
Illegitimi non carborundum - Noli pati a scelestis opprimi.
- #7,795
- Feb 3, 2011 11:33pm Feb 3, 2011 11:33pm
- Joined Aug 2007 | Status: Newbie | 1,332 Posts
[quote=redsword11;4370969]
thanks for the light red.
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there is no instrument title, a tf and no number of candles specified
...... but you still know which way the momentum is
Gold Expedition Return This Year:
-15.9%
- #7,797
- Feb 4, 2011 12:00am Feb 4, 2011 12:00am
- | Commercial User | Joined Feb 2010 | 1,267 Posts
Yes, and going back a few hundreds pages too would not hurt
I would stick around here and learn things along the way...
ant-
Hello.
- #7,798
- Feb 4, 2011 12:20am Feb 4, 2011 12:20am
- | Commercial User | Joined Feb 2010 | 1,267 Posts
Hello.
- #7,799
- Feb 4, 2011 4:27am Feb 4, 2011 4:27am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
might spike down first then break north
- #7,800
- Feb 4, 2011 5:01am Feb 4, 2011 5:01am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts