DislikedIt is testing the resistance right now. A diagonal one from 1.3065...Ignored
- #30,222
- May 11, 2012 2:18am May 11, 2012 2:18am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi
- #30,224
- May 11, 2012 2:28am May 11, 2012 2:28am
- Joined Apr 2007 | Status: Trader | 1,522 Posts
Unfckingbelievable
I think when you're asleep you dream indicators;
when you go out you look at trees and notice that every branch is a fib level away from the next one;
and when you walk down the street you follow the bollinger path with moving average obstacles in your way.
Keep up the good work
I think when you're asleep you dream indicators;
when you go out you look at trees and notice that every branch is a fib level away from the next one;
and when you walk down the street you follow the bollinger path with moving average obstacles in your way.
Keep up the good work
ha ha no problem. However, my trade is already planned. I am waiting for a correction to close the weekend gap. My limit order is at 1.3079 but it may go a bit higher to test the 50% fibo retrace of the move down from last week's high. This also coincides with the yet to occur retest of the broken rising channel support. By the time price gets there, the 89smma and 200ema should be well lined up to provide additional resistance. See chart for details
E/U H4
Attachment
- #30,225
- May 11, 2012 2:44am May 11, 2012 2:44am
Is this chart visible? it didn't show in my last two post
nevermind, I don't think it shows. here's a link:
http://www.genuinelyfx.com/?p=1461
nevermind, I don't think it shows. here's a link:
http://www.genuinelyfx.com/?p=1461
charting the euro...
- #30,227
- May 11, 2012 2:51am May 11, 2012 2:51am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #30,228
- May 11, 2012 3:27am May 11, 2012 3:27am
- Joined May 2010 | Status: Simple chart is the best... | 2,015 Posts
Morning Guys.
Did we have yesterday a corrective movement?
Yeah,,, I think we did…
Reading today’s news it looks we had a nice example of so called “FLAT CORRECTION”
I do agree, we had ABC pattern fulfilled and miserable bullish attempt to break resistance.
We even made new hilarious 10pip highs.
In my opinion, this all together indicates how weak bulls are at this moment.
My PLAN for today is to SELL on highs targeting 1.28700, or even lower 1.28300
Tough SL above 1.29800…
Invalidation;
Remember, this is only MY plan and this bearish scenario is fully rejected and invalidated if price goes above 1,29800.
Did we have yesterday a corrective movement?
Yeah,,, I think we did…
Reading today’s news it looks we had a nice example of so called “FLAT CORRECTION”
I do agree, we had ABC pattern fulfilled and miserable bullish attempt to break resistance.
We even made new hilarious 10pip highs.
In my opinion, this all together indicates how weak bulls are at this moment.
My PLAN for today is to SELL on highs targeting 1.28700, or even lower 1.28300
Tough SL above 1.29800…
Invalidation;
Remember, this is only MY plan and this bearish scenario is fully rejected and invalidated if price goes above 1,29800.
Read Charts - Not Papers
- #30,229
- May 11, 2012 3:40am May 11, 2012 3:40am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #30,230
- May 11, 2012 3:45am May 11, 2012 3:45am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #30,231
- May 11, 2012 4:00am May 11, 2012 4:00am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Unfckingbelievable
I think when you're asleep you dream indicators;
when you go out you look at trees and notice that every branch is a fib level away from the next one;
and when you walk down the street you follow the bollinger path with moving average obstacles in your way.
Keep up the good work
http://3.bp.blogspot.com/_YGLQQZTHoU...rs-cartoon.jpg
Those who say it cannot be done should not interrupt those who are doing it
- #30,232
- May 11, 2012 4:06am May 11, 2012 4:06am
- Joined May 2010 | Status: Simple chart is the best... | 2,015 Posts
Read Charts - Not Papers
- #30,233
- May 11, 2012 4:11am May 11, 2012 4:11am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #30,234
- May 11, 2012 5:11am May 11, 2012 5:11am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #30,235
- May 11, 2012 5:17am May 11, 2012 5:17am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #30,237
- May 11, 2012 5:30am May 11, 2012 5:30am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
[b]Greece's Democratic Left dashes hopes of coalition deal
ATHENS | Fri May 11, 2012 6:29am EDT
[i][color=DarkSlateBlue]May 11 (Reuters) - The leader of Greece's moderate Democratic Left party Fotis Kouvelis dashed hopes of a coalition deal on Friday, saying he would not back a pro-bailout government and that the country was heading to a repeat election.
"We have made it clear, the Democratic Left party will not take...
- #30,238
- May 11, 2012 5:30am May 11, 2012 5:30am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Great tutorial on understanding market psychology (Behavioral Finance)
Those who say it cannot be done should not interrupt those who are doing it
- #30,239
- May 11, 2012 5:35am May 11, 2012 5:35am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
PT. I was wondering what your setting is for RSX? Should there be a difference on 15 min TF -vs- longer TF?
- #30,240
- May 11, 2012 5:39am May 11, 2012 5:39am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts