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EURUSD

  • #648,941
  • May 29, 2012 7:50am May 29, 2012 7:50am
short 29 TP 24 + 5 pips
3 mins not bad
Trade What You See Not What You Want To See
  • #648,942
  • May 29, 2012 7:51am May 29, 2012 7:51am
Quoting Nachiket
If you wait and only wait nothing will happen.
Generating patience will happen :O ?
  • #648,943
  • May 29, 2012 7:52am May 29, 2012 7:52am
Consumer confidente (may) in 9 minutes, will be positive, with a strong USD we could break 1.25
  • #648,944
  • May 29, 2012 7:54am May 29, 2012 7:54am
Quoting Itrade24h
Consumer confidente (may) in 9 minutes, will be positive, with a strong USD we could break 1.25
waiting
Trade What You See Not What You Want To See
  • #648,945
  • May 29, 2012 7:54am May 29, 2012 7:54am
Quoting Itrade24h
Consumer confidente (may) in 9 minutes, will be positive, with a strong USD we could break 1.25
Add one hour to your 9mn
COT: The precious data ignored
  • #648,946
  • May 29, 2012 7:55am May 29, 2012 7:55am
Quoting kuroro001
Add one hour to your 9mn
Oh, its true...thanks!!
  • #648,947
  • May 29, 2012 7:57am May 29, 2012 7:57am
So were just going to bounce between 15 & 40 forever then

Come on Mr Market you know what needs to be done, either fire this piece of crap down through 1.25 or have a proper short squeeze

Think I'm going to head out for awhile, this waiting is doing my nut. Got pending shorts ready at 490 & 470
  • #648,948
  • May 29, 2012 7:59am May 29, 2012 7:59am
us opening nowish... see what happens
  • #648,949
  • May 29, 2012 8:00am May 29, 2012 8:00am
Quoting Trader2000
Also try to use more of support and resistance lines, it helps with trading and do not rely so much on indicators. Try to use three MA(moving averages on your chart) it will help a lot.

thank you for your advice, i have those MA on my other charts, this one purely (naked) chart lol.

i will keep it in mind.

cheers!
400 pips remaining.
  • #648,950
  • May 29, 2012 8:00am May 29, 2012 8:00am
EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd60(5).gif Size: 29 KB
  • #648,951
  • May 29, 2012 8:02am May 29, 2012 8:02am
Quoting Trader2000
EURUSD.
If you draw that rising trendline do it properly not to close of last green candle but to her down shadow
swing it!
  • #648,952
  • May 29, 2012 8:03am May 29, 2012 8:03am
Quoting DeReas
Hmm is this a valid H&S on H1?

can some experienced traders please guide me should this is not correct.

thanks
It looks like a H&S, but.......... a valid H&S must be formed after an uptrend and an indication of the up trend could be end. And price closed on below the neck line confirms the H&S. Both of the necessities is not fulfilled yet, so I won't personally refer it as H&S.

Add: Next important level is 2543, failed to close above it and she will head down.
  • #648,953
  • May 29, 2012 8:05am May 29, 2012 8:05am
Quoting kuroro001
I'm waiting for the right setup based on my analysis.
I don't care if somebody makes 10 or 100 pips and i make nothing.

I've made pips today, but i don't mention scalps, no point
can you please explain your strategy for me? I want to learn
  • #648,954
  • May 29, 2012 8:07am May 29, 2012 8:07am
That's better. Let's see if we break and hold above 2620 today.
  • #648,955
  • May 29, 2012 8:07am May 29, 2012 8:07am
Quoting tomspin
If you draw that rising trendline do it properly not to close of last green candle but to her down shadow
It is drawn properly it is a programmed software.
  • #648,956
  • May 29, 2012 8:08am May 29, 2012 8:08am
Quoting Passerby
It looks like a H&S, but.......... a valid H&S must be formed after an uptrend and an indication of the up trend could be end. And price closed on below the neck line confirms the H&S. Both of the necessities is not fulfilled yet, so I won't personally refer it as H&S.

Add: Next important level is 2543, failed to close above it and she will head down.
, so it maybe just the opposite D&Ballders...or the W
  • #648,957
  • May 29, 2012 8:09am May 29, 2012 8:09am
hello brothers...long entry coming up, break of 5xx and i am long
There are two opinions in this world, Mine and the wrong one...
  • #648,958
  • May 29, 2012 8:09am May 29, 2012 8:09am
I'm back to find my shorts in a bit of profit, a measly few pips. Better than nothing. Closed both, looking for some other shorting opportunities today.

Soo, what's the story?
Please, just slap me around if I'm being silly ...
  • #648,959
  • May 29, 2012 8:10am May 29, 2012 8:10am
short 46
Trade What You See Not What You Want To See
  • #648,960
  • May 29, 2012 8:12am May 29, 2012 8:12am
Quoting Johnny Bravo
hello brothers...long entry coming up, break of 5xx and i am long
55?
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