If u guys track his thread, u realise that he keeps changing his trades like every few hours....i guess this guy doesn't trade at all......becareful in following him....
Ignored
I do not understand why you're surprised. When your trade hit SL then you look fresh view. Read carefully what he writes. Kambooj doing a good job
If u guys track his thread, u realise that he keeps changing his trades like every few hours....i guess this guy doesn't trade at all......becareful in following him....
Ignored
Actually he is just recording the action through his unique analysis.....after a while, he will be able to forecast with more data....chill, he's not thinking inside the box....actually, you dont have to post here if u dont agree
If this thread is not benefiting you in any way, there are many more threads under "Trading System" which you can study and
HOPEFULLY
those threads will benefit you and increase your knowledge as well as your skill in your chosen path of analysis, and trading career.
Other people whether they like to follow it or not is their choice.
Wish you good luck and hopefully maybe you can share some positive insights about the technicals of the market, and benefit any other thread that you will be subscribed to.
If u guys track his thread, u realise that he keeps changing his trades like every few hours....i guess this guy doesn't trade at all......becareful in following him....
The weak break of the 4340 region this morning is putting pressure on the EUR to travel more upwards. This pair has one last spike remaining on the C wave that started from the low of 4000. This last spike is estimated to finish at anywhere around 4480-4530 region. This region is the perimeter of the red circle and around the 88.6 fibonacci retracement of the drop from 4576 to 3830.
He was posting his analysis on eurusd thread and gave new way of reading the charts,i am very new at ff and trade on quarters theory but his way taught to go step further. I tried drawing circle in many ways including quarters i.e 125-250-500 pips. And it made sense. Regds n respect to all, everybody has right to agree or otherwise.
actually he is just recording the action through his unique analysis.....after a while, he will be able to forecast with more data....chill, he's not thinking inside the box....actually, you dont have to post here if u dont agree
There has not been a strong break of the motion towards the red trendline, and for this reason, although there are several fibonacci overlaps in the 4520 region, we could well exceed this region and end up much higher. Will post charts soon.
H1
From a behaviour perspective, we have not had a decisive drop happening. The lack of this behaviour combined with straight trendlines being respected on this time frame will reinforce bullishness of this pair.
A touch to the lower blue straight trendline would not be the ticket to go short either unless the break is strong enough to penetrate the pole of the red circle and end up at 4420 region.
The upper limit of the next move is at 4650 region. The lower limit and support is at 4450.
There is only one case that is left which could swing this pair below 4450 and that is if the pressure exerted by the dotted black trendline is strong enough to cause a spear like drop, other than that this pair is setting the stage for the break of the dotted black trendline
We are overbought on the H4 time frame, but a spike upwards can happen before a turn around.
Seeing your views on eurusd, u give me confidence to go short on this pair.....everytime single time i trade against u, i always win.....i am going short now.....let's see who win
I have past history of statements to justify what i say.
Usually, when motion follows a channel, the break of the channel does not necessairly indicate the end of a trend, or the turning point of the trend, especailly when the case is the 5th wave of a impulse pattern. The turning point of a trend is most often than not marked by a solid break which decends at a 80-85 degree angle and takes less time to complete than its predecessor wave(s). If you dont have such a phenomenon happening, chances are that the ending pattern will end in a complex formation such as a triangle of some sort or the other.
This implies at least 2 more higher highs than what you have on the chart. Thats why a drop to 4450 zone does not necessairly mean that you are at a turning point of the entire trend. So situation is still not clear.
The EUR is stuck at a important trendline and no more high beyond 4416 is allowed for this downtrend scenario. The fact that we are stopped at this trendline can introduce the possibility of a bearish trap. Thats why 4416 is the safest place to go for a sell, above 4416 we are in to break 4529 and go to 4650
Situation is obvious. But u can't see it.....now your bullish views is changed to bearish views.... Continue living in your own world while i eat your money.....hahahaha
I have past history of statements to justify what i say.
