DislikedUptrend.. that started yesterday asian timeframe.
If you can not define uptrend or downtrend better trade only demo...Ignored
- #599,461
- Feb 24, 2012 12:00am Feb 24, 2012 12:00am
- | Commercial User | Joined May 2006 | 1,808 Posts
There's a lot of talk about being in an uptrend at the moment! As far as I'm concerned we are almost always in both depending on the timeframe? Anyone else out there agree with that?
Anyway, going down today I think. Cable started -we'll follow.
- #599,469
- Feb 24, 2012 12:16am Feb 24, 2012 12:16am
I have closed my long position already.
Price stalled below resistance for long time.
So probably will go up to 1.3382 and come back for a down move.. this is what I see now... do not follow me.. just my plan for today.
- #599,471
- Feb 24, 2012 12:21am Feb 24, 2012 12:21am
I sometimes read this thread, and I must say careful traders!
here is so many bull.... writing!
I see most of the gurus here pray short the euro last weeks, why in the hell not give some advice to trade the trend and this is a long trend in the moment.
also the fight over the trend now, it is all depend the timeframe right, but who in the hell make money in long timeframe if not have big pockets?
the trend start in the small Timeframe!
this is not a thread to help euro traders, it is only crap
here is so many bull.... writing!
I see most of the gurus here pray short the euro last weeks, why in the hell not give some advice to trade the trend and this is a long trend in the moment.
also the fight over the trend now, it is all depend the timeframe right, but who in the hell make money in long timeframe if not have big pockets?
the trend start in the small Timeframe!
this is not a thread to help euro traders, it is only crap
- #599,473
- Feb 24, 2012 12:24am Feb 24, 2012 12:24am
I sometimes read this thread, and I must say careful traders!
here is so many bull.... writing!
I see most of the gurus here pray short the euro last weeks, why in the hell not give some advice to trade the trend and this is a long trend in the moment.
also the fight over the trend now, it is all depend the timeframe right, but who in the hell make money in long timeframe if not have big pockets?
the trend start in the small Timeframe!
this is not a thread to help euro traders, it is only crap
- #599,474
- Feb 24, 2012 12:36am Feb 24, 2012 12:36am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #599,475
- Feb 24, 2012 12:39am Feb 24, 2012 12:39am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
hmmm...so now, how many of u still think we r in a downtrend...lol...:-)
Food for though a simple method to define the "trend" is if the 1st price on the left of your chart is higher the the price on the right hand side, the trend is down, and vice versa, using this simple logic
since May 2007 the price is roughly the same as todays, so effectively there has been no trend, but rather various up and down mini
trends over those 5 years.
If you are new to Forex? Say Goodbye to your account!!
- #599,478
- Feb 24, 2012 12:47am Feb 24, 2012 12:47am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Is very important componant of trade plan bro, we keep sl flexible, priority is protect account
S
Mohan
- #599,479
- Feb 24, 2012 12:47am Feb 24, 2012 12:47am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #599,480
- Feb 24, 2012 12:51am Feb 24, 2012 12:51am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Okay...everybody should be long now...time to short!
Mohan