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  • #394,421
  • Edited 9:23am Feb 23, 2011 9:21am | Edited 9:23am
Can anyone tell me what software is being used on the chart in post 394441
  • #394,422
  • Feb 23, 2011 9:22am Feb 23, 2011 9:22am
Quoting FibbinArchie
well was long from 12 closed now as it seems to have stalled out around the top of the hourly channel, and not too far from res @ 66. Sidelines to re-evaluate.

So genuine break out above 43 or just gunning for stops??
I spy a bull flag on the 5m. Let's see how it plays out.

Edit: Oops, already blew.
  • #394,423
  • Feb 23, 2011 9:23am Feb 23, 2011 9:23am
Quoting SirMcPip
Very transparent indeed, thank you. You obviously have some tremendously client friendly brokers in Vietnam as they obviously let you move your SL to breakeven after you get stopped out. I can only dream about that kinda deal here in Switzerland. Maybe i should move my account to a Vietnamese Broker then

See the thing about boun is that

- He will *always* get the top or bottom almost to the pip.
- He will almost never get a loss at worst it is BE.

Follow these simple rules and you will understand his posts better.
We're all stories in the end. Just try to make it a good one.
  • #394,424
  • Feb 23, 2011 9:23am Feb 23, 2011 9:23am
Potential Bull trap as we are approaching the end of wave c within wave B of an irregular flat - watch 1.3770 and 1.3800
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_h1_23-02-11_2.gif Size: 43 KB
  • #394,425
  • Feb 23, 2011 9:23am Feb 23, 2011 9:23am
EUR must be the new risk aversion play
Twitter: @TrendersGame
  • #394,426
  • Feb 23, 2011 9:23am Feb 23, 2011 9:23am
Quoting calstar
Can anyone tell me what software is being used on the chart in post 394447
i made the chart with metatrader.
  • #394,427
  • Feb 23, 2011 9:23am Feb 23, 2011 9:23am
Quoting Venice
3763 and 3803 as long as we are above 3728

63 hit, looks like we are gunning for 3803 now.
  • #394,428
  • Feb 23, 2011 9:24am Feb 23, 2011 9:24am
Quoting SirMcPip
Very transparent indeed, thank you. You obviously have some tremendously client friendly brokers in Vietnam as they obviously let you move your SL to breakeven after you get stopped out. I can only dream about that kinda deal here in Switzerland. Maybe i should move my account to a Vietnamese Broker then
thanks. government in Vietnam does not allow trade spot forex and gold. I only trade but the broker outside Vietnamese territory.
  • #394,429
  • Feb 23, 2011 9:24am Feb 23, 2011 9:24am
gold and slv approaching historic highs again
  • #394,430
  • Feb 23, 2011 9:25am Feb 23, 2011 9:25am
Quoting redsword11
gold and slv approaching historic highs again
yo, like my gold long from 1400 : p
Hero calls followed by margin calls...
  • #394,431
  • Feb 23, 2011 9:25am Feb 23, 2011 9:25am
i am failed to understand about news....
Euro News comes positive = Euro Down
Euro News Comes Negative = Euro Go up

Dollar News Comes Positive= Dollar Down
Dollar News Comes Negative = Dollar Go Up

All impact of news Negative...
Trade what you see, Not what you think.
  • #394,432
  • Feb 23, 2011 9:25am Feb 23, 2011 9:25am
Quoting FibbinArchie
well was long from 12 closed now as it seems to have stalled out around the top of the hourly channel, and not too far from res @ 66. Sidelines to re-evaluate.

So genuine break out above 43 or just gunning for stops??
overshoots and wicks don't count btw...
  • #394,433
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
You read my mind. I was just about to ask the same question....

However, keep in mind, prices typically fall back to what the news reports...so you may want to hang on a bit...


Quoting khizer
i am failed to understand about news....
Euro News comes positive = Euro Down
Euro News Comes Negative = Euro Go up

Dollar News Comes Positive= Dollar Down
Dollar News Comes Negative = Dollar Go Up

All impact of news Negative...
In Charts We Trust!
  • #394,434
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
Quoting Traderji
See the thing about boun is that

- He will *always* get the top or bottom almost to the pip.
- He will almost never get a loss at worst it is BE.

Follow these simple rules and you will understand his posts better.


I am still a greenhorn here on the forum and i still have to find my way around, so thanks for the advice .....and good trades to you!
  • #394,435
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
Quoting Physcho Ward
I dont understand EWs and have never really explored this indicator . Where do you see Wave 4 for price?
Can't get to wave 4 before wave 3 completes, which might not be for another 100 pips or more.

Probable zone of wave 3 high 1.3810-1.3830 and max 1.40xx-ish. in the next 1-3 trading days.
  • #394,436
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
Due to scaling out my trade has been closed, but those who are interested in numbers, my final TP would have been 3805 if i hadnt scaled out earlier

Now

here it goes:

3771>3792>3812>3838
  • #394,437
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
Quoting calstar
Can anyone tell me what software is being used on the chart in post 394441
its MT4....if you refer to fontus chart?

please quote !

Ph.
Hero calls followed by margin calls...
  • #394,438
  • Feb 23, 2011 9:26am Feb 23, 2011 9:26am
Quoting Venice
I spy a bull flag on the 5m. Let's see how it plays out.

Edit: Oops, already blew.
seems to want more upside...
  • #394,439
  • Feb 23, 2011 9:27am Feb 23, 2011 9:27am
Quoting FibbinArchie
seems to want more upside...
Yup. Maybe R2 can stop this train.
  • #394,440
  • Feb 23, 2011 9:27am Feb 23, 2011 9:27am
Quoting sisse
Pay, next (and last before 1.40xx) daily R at 1.382x on feb 2 on the bull trap...

sisse
thanks brother....I'll sell a few at 3815 then....
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