DislikedThere is nothing like confirmation from fellow traders.....Love it.Ignored
Circular Trend-Waves 414 replies
How do I change the color of trendlines? 2 replies
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
Recommend an ebook on trendlines.... 10 replies
Short trendlines 7 replies
DislikedThe NFP announcement is tomorrow, and I dont trade NFP's at all, but here is my prediction on price movement
I will be off the thread in the morning and checking what NFP has done later at noon.
But Good Luck to everyone elseIgnored
DislikedTo b more clear
There are 2 point need to b touch
1.4160 and 1.44
Catch u tomorrow
C UIgnored
DislikedWe believe that the euro has become unable to continue the upward trend and are now heading south to 4040Ignored
DislikedThe EUR is approaching the end of its triangulation. We are wave e of a triangle and a strong thrust will start that will break the b-d trendline of the triangle. I recommend long postions, and one of the characteristics of these environments is that you need at least 150-200 pips of stoploss to be able to catch a decent size move.
You can never tell with certainty where is the ending point of wave e, it might be 50 pip or 100 pip lower.
Its characteristics is very jagged movement, constant wipsaw, but it turns out to be a 3 sectional move,...Ignored
DislikedNow eur has become unable to continue downtrend. Be careful shorts.Ignored
DislikedThe EUR is approaching the end of its triangulation. We are wave e of a triangle and a strong thrust will start that will break the b-d trendline of the triangle. I recommend long postions, and one of the characteristics of these environments is that you need at least 150-200 pips of stoploss to be able to catch a decent size move.
You can never tell with certainty where is the ending point of wave e, it might be 50 pip or 100 pip lower.
Its characteristics is very jagged movement, constant wipsaw, but it turns out to be a 3 sectional move,...Ignored
DislikedNo doubt about it, we will see 4900. The chart below is strickly for long term carry trades, but if you want to figure out the perfect stoploss target it works wonderful. The 2 main trendlines are shown. The white is recent activity Triangle and the blue is pulled from way back. The 4900 is the target and the stop is anywhere in the grey area. My long term stop will be just below that area which is below the 200 moving average. I would not be surprised to see this one come back to 4170. All my stops are gauged directly off the daily time...Ignored