DislikedTuff to say im not an expert but on tf4hr looks like a retrace is starting to happen, i think it will go up the fib lvls possiblly to the 50 or 61.8 and if bearish sentiment holds then it should drop back down.
Then tf1hr possible bear pennant indicating another move south within the next hour or 2. Thats what i see. But i'm going to stay out till i see a good breakout.Ignored
- #621,082
- Apr 4, 2012 6:39pm Apr 4, 2012 6:39pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
I am new to Forex.Learning fast.I am 48yr old ex sports gambler for 5 yrs.
Difference of gambling and speculating is having an edge.
Lot has been written about psychology of trading however one can think positive all day long but having no edge still will lose.
Edge means all you have written and more.I use indicators mostly MA's and TDI as guidance but not blind trading tools.
PA is king.
If you are new to Forex? Say Goodbye to your account!!
. 2 pips were left No worries bro, absolutely agree about having an edge, and yes PA is King, pm me your e-mail, I will give you a simple no indicator strategy, back test it, trial it do whatever you want with it, you will be surprised at results.
No worries bro, absolutely agree about having an edge, and yes PA is King, pm me your e-mail, I will give you a simple no indicator strategy, back test it, trial it do whatever you want with it, you will be surprised at results.
TF
No worries bro, absolutely agree about having an edge, and yes PA is King, pm me your e-mail, I will give you a simple no indicator strategy, back test it, trial it do whatever you want with it, you will be surprised at results.
- #621,089
- Apr 4, 2012 6:58pm Apr 4, 2012 6:58pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
the eu pennant, can be checked against kiwi and aussie pennants her sisters,
they all getting very squeezed kiwi has just popped as typing aussie minor rejection so is 50/50 ish
better possible trade is 1hr geppy rejection or breach utl, , cable 4hr channel, breach will need retest and rejection up to confirm bull, rejection should be quicker as is continuation
worth a look anyways
they all getting very squeezed kiwi has just popped as typing aussie minor rejection so is 50/50 ish
better possible trade is 1hr geppy rejection or breach utl, , cable 4hr channel, breach will need retest and rejection up to confirm bull, rejection should be quicker as is continuation
worth a look anyways
If you are new to Forex? Say Goodbye to your account!!
- #621,094
- Apr 4, 2012 7:20pm Apr 4, 2012 7:20pm
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
All posts are my personal opinion
- #621,095
- Apr 4, 2012 7:23pm Apr 4, 2012 7:23pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
THE CHART SAYS TO HOLD
I WILL BE HOLDING MY LONG to 1.3420 adjusted TP from 1.3270
Im gonna get some serious sleep - Im burnt out badly- between the hospital and these 3 hour intervals. We'll talk tomorrow @9PM EASTERN - Thursday - IF I WAKE - If you Bears take my pips - congratulations, well deserved, we all have to sharebut you'll have to give me back some on a future trade ok.
Remember, [b][color=blue]DONT...
- #621,096
- Apr 4, 2012 7:25pm Apr 4, 2012 7:25pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
can I get it too mate
Everyone this month has had their best trading ever, so we all pretty happy.
I not selling, offering anything, is just guys on here help me very much when I started years ago, and I want do the same.
Is very simple stratergy, just find a level you prepared to defend, thats it, no indicators, nothing just raw pa, but you have to do own research currencies, news, back test, trial etc etc.
Geppy little pierce but was smack down for now, cable has little higher to go to zone 5910 5920 then we see her reaction if get there,
Kiwi has breached up pennant and now in process of retesting
Aussie little pierce utl but rejected
EU still in compression
PA is actually gearing up for nice move, even so early in the day
If you are new to Forex? Say Goodbye to your account!!
- #621,098
- Apr 4, 2012 7:27pm Apr 4, 2012 7:27pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
what's a PA?
====
I want my 1.3250
