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EURUSD

  • #398,381
  • Mar 1, 2011 8:57am Mar 1, 2011 8:57am
Quoting jezek5
Is the Franc the same as the euro?
WTF?

  • #398,382
  • Mar 1, 2011 8:57am Mar 1, 2011 8:57am
Quoting petehnm
doesn't the e/u go up usually when the u/chf goes down,,, cause it's sinking right now...?
If one is reaching a support or resistance, they both move in the same direction. Reaction at these levels decide the ultimate direction. Again, they are inversely proportional but not exactly.
The Thief of Wall Street
  • #398,383
  • Mar 1, 2011 8:58am Mar 1, 2011 8:58am
Quoting jezek5
Is the Franc the same as the euro?
dont trade ANYTHING! FIND ANOTHER JOB!
  • #398,384
  • Mar 1, 2011 9:00am Mar 1, 2011 9:00am
thanks Chicky..that's what I thought too...



Quoting Chicky
If one is reaching a support or resistance, they both move in the same direction. Reaction at these levels decide the ultimate direction. Again, they are inversely proportional but not exactly.
  • #398,385
  • Mar 1, 2011 9:00am Mar 1, 2011 9:00am
Quoting AmeriTrini
WTF?

It was a joke numb nuts.
You can remain irrational longer than you can remain solvent.
  • #398,386
  • Mar 1, 2011 9:00am Mar 1, 2011 9:00am
Quoting jezek5
Is the Franc the same as the euro?
If you mean they both move in the same direction ........... not most of the time.
The Thief of Wall Street
  • #398,387
  • Mar 1, 2011 9:00am Mar 1, 2011 9:00am
Quoting T@rantula
Thank you.

I did analysis in late Asia. I drew a channel, no slope at all. Also candlesticks had very long tails that is a characteristic of indecisive market. Stochastic showed no divergence at all staying in "no mans land".

Well tbh, I just need to draw a channel and take few looks at the chart in order to know whether it is ok to trade or no. You will get that by experience..
Yes i see what you mean... thx again. I didn't know that asian session is so important for intraday trading, I thought it was normal having a range during that session due to low volumes. Very useful explanation
Ciao. Luca
  • #398,388
  • Mar 1, 2011 9:01am Mar 1, 2011 9:01am
that's what I thought too,,,WTF?


Quoting AmeriTrini
WTF?

  • #398,389
  • Mar 1, 2011 9:01am Mar 1, 2011 9:01am
Quoting AmeriTrini
dont trade ANYTHING! FIND ANOTHER JOB!

lol

thats how brokers make money
  • #398,390
  • Mar 1, 2011 9:01am Mar 1, 2011 9:01am
4h stoch pointing down...
  • #398,391
  • Mar 1, 2011 9:05am Mar 1, 2011 9:05am
it is time to go short ?i think it is .
A chart helps those who can read it.
  • #398,392
  • Mar 1, 2011 9:06am Mar 1, 2011 9:06am
Quoting AmeriTrini
dont trade ANYTHING! FIND ANOTHER JOB!

Go check usd/chf thread,was trading it thismorning,
don't you keep trying to call a top on the euro for the last month?
You can remain irrational longer than you can remain solvent.
  • #398,393
  • Mar 1, 2011 9:06am Mar 1, 2011 9:06am
Quoting johnnyrei
4h stoch pointing down...
4H also shows bearish divergence from the highs on 2/24...
  • #398,394
  • Mar 1, 2011 9:08am Mar 1, 2011 9:08am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Look at the performance of gold
Studing..............
  • #398,395
  • Mar 1, 2011 9:09am Mar 1, 2011 9:09am
Quoting geniusztc
it is time to go short ?i think it is .
up or down - as long as its moving....
  • #398,396
  • Mar 1, 2011 9:11am Mar 1, 2011 9:11am
Quoting fldash
4H also shows bearish divergence from the highs on 2/24...
brother, a good trend is when it slowly develops, small candles trending.

a whipsaw is when u see haphazard movement without a direction

whipsaw kills accounts, better to sit on the fence and watch this .........

Inserted Video
  • #398,397
  • Mar 1, 2011 9:12am Mar 1, 2011 9:12am
Quoting johnnyrei
4h stoch pointing down...
and this three hour bar close will indicate the direction. CHF
Attached Image
The Thief of Wall Street
  • #398,398
  • Mar 1, 2011 9:15am Mar 1, 2011 9:15am
Quoting PunjabiSher
brother, a good trend is when it slowly develops, small candles trending.

a whipsaw is when u see haphazard movement without a direction

whipsaw kills cats, better to sit on the fence and watch this .........

http://www.youtube.com/watch?v=48zpYh_ZwzY


give it up
  • #398,399
  • Mar 1, 2011 9:16am Mar 1, 2011 9:16am
Quoting Chicky
and this three hour bar close will indicate the direction. CHF

sexy chart what year
  • #398,400
  • Mar 1, 2011 9:20am Mar 1, 2011 9:20am
Quoting johnnyrei
up or down - as long as its moving....
up and down.then i always think i am the lucky dog. ,but ,i am always wrong .cheers .
A chart helps those who can read it.
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