i know the whole world is long EUR/USD but I'm going short :-)
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- #413,622
- Mar 25, 2011 10:49am Mar 25, 2011 10:49am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
decision time
- #413,623
- Mar 25, 2011 10:50am Mar 25, 2011 10:50am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
- #413,625
- Mar 25, 2011 10:52am Mar 25, 2011 10:52am
- | Joined Apr 2009 | Status: Me, Myself, and I | 494 Posts
Sorry Chicky, but my system just follows my instinct. Yours has just.... too many lines... I am attaching mine to help you out. Regards
indicators vs res and support lines......... which kind of eye bleeding do I pick?
- #413,627
- Mar 25, 2011 10:56am Mar 25, 2011 10:56am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
i know the whole world is long EUR/USD but I'm going short :-)
At least wait until Sunday open if you are planning a long term trade which I can only assume you are with you posting a weekly chart. If it is a short quick scalp... like most ici, then please ignore me!
- #413,628
- Mar 25, 2011 10:57am Mar 25, 2011 10:57am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
yes mate, i see where you are coming from:
2 charts..
4h we broke the flag today in mid asia, but sold with LO.. still the drop just hang on the UTL from the upper side, forming another small flag on 1h..
1.4170 then 1.4200 we have to clear, then the air is clean up to 4300 where by my opinion we face the tough nut.
[Charts]
- #413,629
- Mar 25, 2011 10:58am Mar 25, 2011 10:58am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
Wowza!!!
indicators vs res and support lines......... which kind of eye bleeding do I pick?
those who can, do. those who cant, talk about those who can
- #413,630
- Mar 25, 2011 10:58am Mar 25, 2011 10:58am
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
Im short on the BEAST, i hope it wont correlate.
Interesting times.
- #413,631
- Mar 25, 2011 10:59am Mar 25, 2011 10:59am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Im short on the BEAST, i hope it wont correlate.
- #413,633
- Mar 25, 2011 11:06am Mar 25, 2011 11:06am
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
- #413,634
- Mar 25, 2011 11:07am Mar 25, 2011 11:07am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #413,635
- Mar 25, 2011 11:08am Mar 25, 2011 11:08am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #413,636
- Mar 25, 2011 11:11am Mar 25, 2011 11:11am
- | Joined Jul 2009 | Status: yo | 3,577 Posts
i know the whole world is long EUR/USD but I'm going short :-)
- #413,637
- Mar 25, 2011 11:17am Mar 25, 2011 11:17am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Pull up an hour chart on usd/jpy. lol. Should tell you more than enough.
If it were a hospital, patient would be declared dead.
Sure you could have made money, but you could have also lost you fooking shirt even with a stop loss in place, if you were on the wrong side of the trade. If people think that they will get their stop filled during volatile times, then I am sure this experience would have been a painful lesson and I am sure quite a few people on FF did! Still don't let me stop anyone!
- #413,638
- Mar 25, 2011 11:19am Mar 25, 2011 11:19am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
