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EURUSD

  • #541,821
  • Sep 21, 2011 5:50pm Sep 21, 2011 5:50pm
Quoting Pegasus54
Same drill. sl at be and scaled for profit protection.
Nice Buy, Gap traders have finally been paid

Possible Medium term trade you think
If you are new to Forex? Say Goodbye to your account!!
  • #541,822
  • Sep 21, 2011 5:51pm Sep 21, 2011 5:51pm
Quoting KiwiTrada
Nice Buy, Gap traders have finally been paid

Possible Medium term trade you think
Im thinking this long I am in isnt going to last long. I think its just a retracement to test some levels before it continues south.
REQUESTING NO VOUCHES.Vouches are useless.
  • #541,823
  • Sep 21, 2011 5:51pm Sep 21, 2011 5:51pm
Using the ZigZag indicator makes identifying support and resistance zones as well as the break out zones a lot easier...

Current Example:
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #541,824
  • Sep 21, 2011 5:51pm Sep 21, 2011 5:51pm
All my scalp have failed, but my normal position are winnig .

Is it me or that support line is still holding
  • #541,825
  • Sep 21, 2011 5:53pm Sep 21, 2011 5:53pm
Quoting forexboom
Hi,

what I'm trying to do here, in this forum is trying to show you another type of trading. I know that a lot of you use indicators, fibo, EMA, SMA, gartleys, crabs, butterfly, GEOMETRY, TRIGONOMETRY and so on. If all these tools was successfully, why you more than often lose money? Why with all these tools when you enter a trade you don't think even 1 time: I'm buying, is this price a good one, I really want to sell my USD and buy some EURO? Are others of the same opinion? You must really understand that trading is psychology of the market,...
Let it go man, let it go. Good for you to have an opinion. But I think mostly here thinks that to have an opinion is a trap, and ego trap. Who cares how much you know? For me is more important to make profit. Now let move on and if you like you can show us your trades.

Cheers
mla
"The Heart is the hub of all dances; go there and chill out"
  • #541,826
  • Sep 21, 2011 5:53pm Sep 21, 2011 5:53pm
Quoting mrbandwidth
What support are you referring to exactly? And where can it fall from there?

Thanks in advance.
This one hour trendline. As I mentioned before that it is typical to test the support turned resistance before it continues south.
Attached Image
REQUESTING NO VOUCHES.Vouches are useless.
  • #541,827
  • Sep 21, 2011 5:55pm Sep 21, 2011 5:55pm
Quoting Pegasus54
I was wondering what you were meaning when I saw your last chart. haha.Thanks for clearing that up.
i only noticed when i posted the chart. youre welcome.

heres whats in motion. PRice has made a 5 wave eli pattern on the downmove, and now is the abc corrrection in place. refer to chart for details: (pegasus, this one is right )

i can tell your serious about forex.

sorry for the handwriting. paint.

Attached Image (click to enlarge)
Click to Enlarge Name: abc.gif Size: 24 KB
Have I got something on my face, SOLDIER?
  • #541,828
  • Sep 21, 2011 5:57pm Sep 21, 2011 5:57pm
Quoting bumapatria
i only noticed when i posted the chart. youre welcome.

heres whats in motion. PRice has made a 5 wave eli pattern on the downmove, and now is the abc corrrection in place. refer to chart for details: (pegasus, this one is right )

i can tell your serious about forex.

sorry for the handwriting. paint.

I am not an elliott trader but I take note when someone points it out to me. ty
REQUESTING NO VOUCHES.Vouches are useless.
  • #541,829
  • Sep 21, 2011 5:57pm Sep 21, 2011 5:57pm
Quoting bumapatria
i only noticed when i posted the chart. youre welcome.

heres whats in motion. PRice has made a 5 wave eli pattern on the downmove, and now is the abc corrrection in place. refer to chart for details: (pegasus, this one is right )

i can tell your serious about forex.

sorry for the handwriting. paint.

the only thing harder to understand than FX is the age of this person here.
  • #541,830
  • Sep 21, 2011 5:59pm Sep 21, 2011 5:59pm
Stepping out for a bit. Company coming to visit. uggg but I will be checking the charts for an exit of the long around the previous mentioned areas and possibly a short at that point. Nothing set in stone at this point.
REQUESTING NO VOUCHES.Vouches are useless.
  • #541,831
  • Sep 21, 2011 6:03pm Sep 21, 2011 6:03pm
Quoting $maker
the only thing harder to understand than FX is the age of this person here.
nah man. You love something, have passion for it. There are no limits. Same way with a girl. You love a girl (truly), wouldn't you try in your hardest efforts to be with her?

im not saying forex is my girl. lol.
Have I got something on my face, SOLDIER?
  • #541,832
  • Sep 21, 2011 6:05pm Sep 21, 2011 6:05pm
Quoting $maker
the only thing harder to understand than FX is the age of this person here.
  • #541,833
  • Sep 21, 2011 6:05pm Sep 21, 2011 6:05pm
Quoting bumapatria
nah man. You love something, have passion for it. There are no limits. Same way with a girl. You love a girl (truly), wouldn't you try in your hardest efforts to be with her?

im not saying forex is my girl. lol.
There are new stalking laws that pr0hibit some acts...

Proceeding with caution is the way to approach the game, and the girl...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #541,834
  • Sep 21, 2011 6:08pm Sep 21, 2011 6:08pm
if i was in a relation with Forex. i would probably be the girl, coz it keep Effin me over.
  • #541,835
  • Sep 21, 2011 6:08pm Sep 21, 2011 6:08pm
Well, as I sit here thinking about all the pips I lost by not trading today, I find myself searching for an entry. I am thinking long, once it gives a little more confirmation that it is going toward the .3630 mark. I would appreciate any insight from anyone out there! Thanks!
  • #541,836
  • Sep 21, 2011 6:11pm Sep 21, 2011 6:11pm
After all that, and it still did not close the gap. Interesting.
  • #541,837
  • Sep 21, 2011 6:12pm Sep 21, 2011 6:12pm
Quoting Magix
There are new stalking laws that pr0hibit some acts...

Proceeding with caution is the way to approach the game, and the girl...

true.. just messed up a chance with a girl few days ago. i was though very careful about this. huh... she was that old avatar i used to have. love is like forex, the main variable in the formula is you. so here's the formula '|x+5|-square root of 1.78, *5 + YOU = success.

now i try to rise from the ashes like a phonenix (johnny not here). and be better than before.

AHH I STILL MISS HER. shes a losing trade, and i have no stop loss. Will wait until price gets back to be (friends again) then possibly close the trade.
Have I got something on my face, SOLDIER?
  • #541,838
  • Sep 21, 2011 6:12pm Sep 21, 2011 6:12pm
Quoting marf
After all that, and it still did not close the gap. Interesting.
Time for a new broker dude...

Not one single broker that I have doesn't show the Friday-Monday gap not being closed.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #541,839
  • Sep 21, 2011 6:12pm Sep 21, 2011 6:12pm
Huge bearish outside bar on the daily, more likely than not, euro is definitely going down further, could be a little retrace before though.
Yay! Pips for everyone!
  • #541,840
  • Sep 21, 2011 6:17pm Sep 21, 2011 6:17pm
Quoting Pipsforall
Huge bearish outside bar on the daily, more likely than not, euro is definitely going down further, could be a little retrace before though.
im thinking of a rising wedge.

one of my favorite chart formations for entry

$$$

10th time posting this chart. but never tired of helping everyone
Attached Image (click to enlarge)
Click to Enlarge Name: wedge.gif Size: 17 KB
Have I got something on my face, SOLDIER?
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