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  • #551,741
  • Oct 18, 2011 9:23pm Oct 18, 2011 9:23pm
Quoting factorof2
We might see some bearish divergence here soon if this upmove stalls and turns back in the next couple of hours. Price is also hovering around the top of the bollinger band and on the 4H it's taken the last 4 candles and then some to finally overcome the one bearish candle from before.
from a technical standpoint, what does the last 4 candles relative to the large bearish imply. i see divergence on the 15m.
  • #551,742
  • Oct 18, 2011 9:27pm Oct 18, 2011 9:27pm
Quoting sdcasper
from a technical standpoint, what does the last 4 candles relative to the large bearish imply. i see divergence on the 15m.
Well the major drop occurred starting at around the beginning of the London session took all day and up until now to recover. Seems to signify to me that we're probably in for more of a downmove when coupled with the divergence. But that's only if it makes a turn back down and the stochastic stays low. Divergence isn't confirmed yet and as usual, I could always be dead wrong.
  • #551,743
  • Oct 18, 2011 9:37pm Oct 18, 2011 9:37pm
im usually dead wrong as well. so if we confirm each other we should do the opposite. here is my take.
Attached Image (click to enlarge)
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  • #551,744
  • Oct 18, 2011 9:41pm Oct 18, 2011 9:41pm
In my view, our job is not to predict but to be able to get on the train that will take us there.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #551,745
  • Oct 18, 2011 9:42pm Oct 18, 2011 9:42pm
i have failed many times in the past ,But motivational quotes like these pushes me to keep trying untill i succeed.

Quoting FXMindset
Good Morning Tokyo!

Success…What it Really Looks Like…..(Picture Attached)

As you know,I've talk a lot about EVENT versus PROCESS

The left side symbolizes luck, get rich easy,etc. (EVENT)

The right size symbolizes failure,followed by adjustments,followed by work.It's part of the Process and Its part of your Journey........

I repeated again...

I always tell myself "If you want to succeed at something you have to lose at least 1000 times first..." I Know its difficult,Its painful and suffering But however hard its Life must keep going,...
  • #551,746
  • Oct 18, 2011 9:42pm Oct 18, 2011 9:42pm
another bull trap
When life gives you lemons, make lemonade
  • #551,747
  • Oct 18, 2011 9:42pm Oct 18, 2011 9:42pm
Morning all, i seem to be getting up earlier and earlier,this dam trading is starting to become an obsession
  • #551,748
  • Oct 18, 2011 9:46pm Oct 18, 2011 9:46pm
As i shouted earlier.
And this is a punishment for a**hole bear boys. They need to learn basic techniques to rid on bull. lol

There is no technique lies in heavy sell. Tigers are more stronger than human, but they are not conquering the world.
You cannot learn better without losing
  • #551,749
  • Oct 18, 2011 9:49pm Oct 18, 2011 9:49pm
Quoting micho
another bull trap
Where?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #551,750
  • Oct 18, 2011 9:51pm Oct 18, 2011 9:51pm
Still holding my Long @ 1.3660 with Stop @ 1.3720
Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily.png Size: 35 KB
If there was easy money lying around,no one would be forcing it into your
  • #551,751
  • Oct 18, 2011 9:55pm Oct 18, 2011 9:55pm
Quoting mla
Where?

mla
it is going to form
When life gives you lemons, make lemonade
  • #551,752
  • Oct 18, 2011 9:57pm Oct 18, 2011 9:57pm
someone bought EUR to bring it up a bit before shorting, just to stop the retail orders.. but it can't pull up much without a retrace...
When life gives you lemons, make lemonade
  • #551,753
  • Oct 18, 2011 9:59pm Oct 18, 2011 9:59pm
38273 is the high form monday asian sesson, if I've got her piged right......
  • #551,754
  • Oct 18, 2011 10:04pm Oct 18, 2011 10:04pm
Quoting micho
someone bought EUR to bring it up a bit before shorting, just to stop the retail orders.. but it can't pull up much without a retrace...
How do you know that?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #551,755
  • Oct 18, 2011 10:05pm Oct 18, 2011 10:05pm
long eur-usd at 1.3800
target1 - 1.3830
target2- 1.3890
  • #551,756
  • Oct 18, 2011 10:14pm Oct 18, 2011 10:14pm
Quoting mla
How do you know that?

mla
well as long as there is no long signal then its a bull trap... when somebody buys when the pair has got no strength then they just going against retail orders to stop them... when retail orders are stopped, prices drop again. there is no strength in this pullup, also bearish divergence showing and no clear trends to follow, no signals... i have a short on EURGPB its -65 so far, i will only close it and reverse when i see a bull signal... so far nothing
When life gives you lemons, make lemonade
  • #551,757
  • Oct 18, 2011 10:16pm Oct 18, 2011 10:16pm
Damn! I forget what to say after those...lol

If anyone gives a shit, this is why I am looking to short some more...
Attached Image (click to enlarge)
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  • #551,758
  • Oct 18, 2011 10:17pm Oct 18, 2011 10:17pm
Guys, what do you think about my setup.. please comment
Attached Image (click to enlarge)
Click to Enlarge Name: test.jpg Size: 256 KB
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #551,759
  • Oct 18, 2011 10:20pm Oct 18, 2011 10:20pm
Quoting bdsilvano
Guys, what do you think about my setup.. please comment
Look like a contender...GL!
  • #551,760
  • Oct 18, 2011 10:21pm Oct 18, 2011 10:21pm
Quoting torontobboy2
long eur-usd at 1.3800
target1 - 1.3830
target2- 1.3890
closed this with +3 pips.
Will look to go long again just at a better entry place.
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