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  • #555,641
  • Oct 28, 2011 5:41am Oct 28, 2011 5:41am
still got some losing shorts euro/usd aud/usd xau/usd. still being able to manage them but today is the day i have my 18month son so very difficult to trade he's wanting to press buttons lol
  • #555,642
  • Oct 28, 2011 5:42am Oct 28, 2011 5:42am
Quoting wannaberich
i am interpreting it as a flag. maybe a false break up then lower?

..........
Agree, looks like a flag (meaning the breakout upwards would manifest longs), however its too narrow and went sideways too far. So...any break - up or down would be false (at least not a real sign for taking a definite position)

I would wait for a stronger dip to risk a small long position from there. No itchy hands

this: http://www.forexfactory.com/showthre...45#post5081045 might help a bit... but its just my view of the situation.

P.S.
Thanks for the indis you gave me yesterday.
  • #555,643
  • Oct 28, 2011 5:42am Oct 28, 2011 5:42am
Quoting Alastair
maybe we setting up for some serious profit taking later on today?
be carefull something wrong with this summit. if you in + get out as soon as possible.
  • #555,644
  • Oct 28, 2011 5:43am Oct 28, 2011 5:43am
1.4110 and 1.4030 on my mind. Let see!
Maximizing your potentials!
  • #555,645
  • Oct 28, 2011 5:51am Oct 28, 2011 5:51am
it Is crunch time, is it a cliff or a spring?
If you are new to Forex? Say Goodbye to your account!!
  • #555,646
  • Oct 28, 2011 5:53am Oct 28, 2011 5:53am
and your completely right about the too narrow and too long. still... on the 15m is trying hard to get back up and bear aren't allowing. if it does...

anyway still didn't get a valid signal so i hold.

Green pips

Quoting FXvenom
Agree, looks like a flag (meaning the breakout upwards would manifest longs), however its too narrow and went sideways too far. So...any break - up or down would be false (at least not a real sign for taking a definite position)

I would wait for a stronger dip to risk a small long position from there. No itchy hands

this: http://www.forexfactory.com/showthre...45#post5081045 might help a bit... but its just my view of the situation.

P.S.
Thanks for the indis you gave me yesterday.
dreams do come true.
  • #555,647
  • Oct 28, 2011 5:54am Oct 28, 2011 5:54am
my view still holds

close the 15m above 49 and i'll be looking for a long signal...

green pips, mate

Quoting KiwiTrada
it Is crunch time, is it a cliff or a spring?
dreams do come true.
  • #555,648
  • Oct 28, 2011 6:00am Oct 28, 2011 6:00am
.
dreams do come true.
  • #555,649
  • Oct 28, 2011 6:06am Oct 28, 2011 6:06am
Quoting wannaberich
.
we is fighting bro, is fair call, but if ltl is breach etc I adding
If you are new to Forex? Say Goodbye to your account!!
  • #555,650
  • Oct 28, 2011 6:07am Oct 28, 2011 6:07am
Quoting brio
1.4110 and 1.4030 on my mind. Let see!
1.4110 is ok but I think below 1.4060 area is formed a new top. be carefull and good trades.
  • #555,651
  • Oct 28, 2011 6:09am Oct 28, 2011 6:09am
unless your trading 18 lots. in that case someone else has to pay that besides me

Quoting KiwiTrada
we is fighting bro, is fair call, but if ltl is breach etc I adding
dreams do come true.
  • #555,652
  • Oct 28, 2011 6:10am Oct 28, 2011 6:10am
don't worry bro, it's just a gum!
dreams do come true.
  • #555,653
  • Oct 28, 2011 6:10am Oct 28, 2011 6:10am
Quoting wannaberich
.
try this indi. dont use it blind on breakouts or bounces, read it in context with other indis or PA, sometimes it proves to be useful for SL/TP.

Just study it on different TFs
Attached File(s)
File Type: mq4 chanel scalper.mq4   3 KB | 427 downloads
  • #555,654
  • Oct 28, 2011 6:20am Oct 28, 2011 6:20am
i have its cousin running on another of my templates. my version is called trend envelope v3. yours has the advantage that it adjusts to the tf, mine i have to change a setting to adjust it.

green pips

Quoting FXvenom
try this indi. dont use it blind on breakouts or bounces, read it in context with other indis or PA, sometimes it proves to be useful for SL/TP.

Just study it on different TFs
dreams do come true.
  • #555,655
  • Oct 28, 2011 6:21am Oct 28, 2011 6:21am
short @ 4175>>
on M5 there is a small UTL forming. and we had a LL.
Keep It Simple Stupid
  • #555,656
  • Oct 28, 2011 6:21am Oct 28, 2011 6:21am
Scalping looking for 1.42 or better but will close if it starts moving against me until then. Some erratic moves today as well. Not too good of a market for holding me thinks! Things might change though.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 45 KB
  • #555,657
  • Oct 28, 2011 6:25am Oct 28, 2011 6:25am
Quoting Alastair
short @ 4175>>
on M5 there is a small UTL forming. and we had a LL.
and hopefully that was the Lower High.
Keep It Simple Stupid
  • #555,658
  • Oct 28, 2011 6:29am Oct 28, 2011 6:29am
Small short for now.. partial profit taking .41500However PA might be able to reach daily pivot .41088~. Expecting a bounce from either lower TL or from daily pivot to test .42200 / previous high .42470.

http://img46.imageshack.us/img46/5909/today2v.gif


http://img16.imageshack.us/img16/2093/todayk.gif
  • #555,659
  • Oct 28, 2011 6:30am Oct 28, 2011 6:30am
Surely these bond increases will see a new drop
  • #555,660
  • Oct 28, 2011 6:31am Oct 28, 2011 6:31am
Quoting Alastair
and hopefully that was the Lower High.
bearish engulfing M15..
my short may be good here.
Keep It Simple Stupid
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