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  • #241
  • Jul 12, 2011 1:34am Jul 12, 2011 1:34am
Hii T, i have a question about RSI Please check attached file.

Thanks.

vjkk
Attached Image
  • #242
  • Jul 12, 2011 1:35am Jul 12, 2011 1:35am
Quoting T@rantula
Good morning guys. EU is aiming for 3875 today. Stoploss is 1.4003.

Ill post chart in 3 mins
E: 3958 S/L: 1.4003 TP 3890

While i was writing I also scaled out at 3930. 1/2 at BE now

EU dropped of a main channel forming new below. Its a bearish continuation sign.

3925 serves as support. RSI is bearish while between 60 > 20.

2 Negative reversals in play, supported by daily bearish

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 33 KB
  • #243
  • Jul 12, 2011 2:05am Jul 12, 2011 2:05am
Quoting vjkk
Hii T, i have a question about RSI Please check attached file.

Thanks.

vjkk
No. RSI is not OB/OS indicator contrary to rudimentary beliefs. RSI trading is advanced trading, its hard to explain .
  • #244
  • Jul 12, 2011 2:12am Jul 12, 2011 2:12am
Dear all Sorry for the lack of posting..
Am back
Chart 1 is an simple overview chart...
Chart 2 will be a directional chart...

Have a lovely day..

Black Widow
Attached Image (click to enlarge)
Click to Enlarge Name: euro1.gif Size: 30 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #245
  • Jul 12, 2011 2:14am Jul 12, 2011 2:14am
Quoting T@rantula
E: 3958 S/L: 1.4003 TP 3890

While i was writing I also scaled out at 3930. 1/2 at BE now

EU dropped of a main channel forming new below. Its a bearish continuation sign.

3925 serves as support. RSI is bearish while between 60 > 20.

2 Negative reversals in play, supported by daily bearish

Attachment
TP hit +68
  • #246
  • Jul 12, 2011 2:17am Jul 12, 2011 2:17am
Quoting BlackWid0w
Dear all Sorry for the lack of posting..
Am back
Chart 1 is an simple overview chart...
Chart 2 will be a directional chart...

Have a lovely day..

Black Widow
Welcome back Black Widow. More posts needed

The chart is a perfect example of a great tech analyst.
  • #247
  • Jul 12, 2011 2:37am Jul 12, 2011 2:37am
Looking at BW's chart we may see a range in near future.

Look at the numbers there. Just need to play it.
  • #248
  • Jul 12, 2011 2:44am Jul 12, 2011 2:44am
Quoting T@rantula
Looking at BW's chart we may see a range in near future.

Look at the numbers there. Just need to play it.
Do you still have an H4 trade alive T?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #249
  • Jul 12, 2011 2:49am Jul 12, 2011 2:49am
EC chart. Negative reversal also.

Attached Image (click to enlarge)
Click to Enlarge Name: ec.gif Size: 26 KB
  • #250
  • Jul 12, 2011 2:50am Jul 12, 2011 2:50am
A good possibility

Regards Black Widow
Attached Image (click to enlarge)
Click to Enlarge Name: eu 4h.gif Size: 26 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #251
  • Jul 12, 2011 2:52am Jul 12, 2011 2:52am
Quoting BlackWid0w
A good possibility

Regards Black Widow
Exactly, no stochs especially not in trend as they can be too long in OB/OS zone.

Plain and simple chart.
  • #252
  • Jul 12, 2011 2:54am Jul 12, 2011 2:54am
Quoting T@rantula
EC chart. Negative reversal also.

Attachment
+100 !!!!!
  • #253
  • Jul 12, 2011 2:55am Jul 12, 2011 2:55am
Quoting realjumper
Do you still have an H4 trade alive T?
H4? Which 1 mate...Had EU on h1 and EC on h1
  • #254
  • Jul 12, 2011 2:56am Jul 12, 2011 2:56am
Quoting BlackWid0w
A good possibility

Regards Black Widow
+15 pips perfect!
  • #255
  • Jul 12, 2011 2:57am Jul 12, 2011 2:57am
Quoting T@rantula
H4? Which 1 mate...Had EU on h1 and EC on h1
Sorry....I meant on EU
Attached Image (click to enlarge)
Click to Enlarge Name: euh4.jpg Size: 32 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #256
  • Jul 12, 2011 2:59am Jul 12, 2011 2:59am
Quoting realjumper
Sorry....I meant on EU
Good 1 mate. CG.

No ..It hit 3690 and was automaticaly closed
  • #257
  • Jul 12, 2011 3:02am Jul 12, 2011 3:02am
Quoting T@rantula
Good 1 mate. CG.

No ..It hit 3690 and was automaticaly closed
Ah ok.....I am manually moving the stop and I'll keep doing it until it gets stopped out......be interesting to see how far this one will go.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #258
  • Jul 12, 2011 3:03am Jul 12, 2011 3:03am
Quoting realjumper
Ah ok.....I am manually moving the stop and I'll keep doing it until it gets stopped out......be interesting to see how far this one will go.
Its also a good way to ensure the profits. Good.
  • #259
  • Jul 12, 2011 3:13am Jul 12, 2011 3:13am
Quoting BlackWid0w
A good possibility

Regards Black Widow
We have a +20 pips Stop now at be 1/2 off let the rest run if it wishes..

Regards
Black Widow
Chart Entry Reason
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #260
  • Jul 12, 2011 3:14am Jul 12, 2011 3:14am
Quoting BlackWid0w
We have a +20 pips Stop now at be 1/2 off let the rest run if it wishes..

Regards
Black Widow
Chart Entry Reason
You have caught the falling knife mate.

Very good job!
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