I observe your reality but live my own. ![](https://resources.faireconomy.media/images/emojis/64/1f643.png?v=15.1)
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EurAnalysis Kindergarten 24 replies
DislikedOkay I'm done watching the charts going nowhere. It's like watching grass grow.
Good night.
http://macsystems.com/Jun21-2007.jpgIgnored
DislikedJust closed short from 1.25000 for +6 as I'm not comfortable with the formation that seems to be evolving on the hourly and I'm about to go to bed. I'd rather take small profits and trade another day than let it ride up (if I'm right) and hit my stop loss.
Good night all and catch you tomorrow.
Cheers!Ignored
DislikedJust closed short from 1.25000 for +6 as I'm not comfortable with the formation that seems to be evolving on the hourly and I'm about to go to bed. I'd rather take small profits and trade another day than let it ride up (if I'm right) and hit my stop loss.
Good night all and catch you tomorrow.
Cheers!Ignored
DislikedMade 1.1% today with 34 little scalps![]()
Exhausted, goodnight all, still holding short from 83, i can't imagine we retest higher again but maybe.....we now have to break up through 4hr bull channel to go back to bullish imo, and thats around 1.25.
Luis and FXMastermind think we go higher which is not comforting to me because they are great traders, but this is small short, 0.5x
good luckIgnored
DislikedMy outlook is the same as yesterday: its more than 100 pips from anywhere where I would feel safe putting on a position long or short, so not trading.
Failure to head lower suggests possibly a retest of the upper area before a sell off on Friday (just my gamblers hunch, not my plan).Ignored
DislikedHey Halifax, good to hear from you. I actually am thinking along the same lines as you. I'm hoping to get short around 1.256-1.258.
We'll just have to see how it plays out during the London & UK session.Ignored
DislikedJust thought I would point out we are still below the 4hr bull channel, which comes into play around 2515 now. Inverse H/S on 1hr yes, but that daily candle is just too big. The largest one we have had in the whole down move.
Although 4h bull divergence makes me a bit uncomftorableIgnored
DislikedJust closed short from 1.25000 for +6 as I'm not comfortable with the formation that seems to be evolving on the hourly and I'm about to go to bed. I'd rather take small profits and trade another day than let it ride up (if I'm right) and hit my stop loss.
Good night all and catch you tomorrow.
Cheers!Ignored
DislikedI know the channel you are talking about, but I find drawing a few different channels gives a totally different perspective.
How about if the channel looks like below?
This might not be the right placement, but you never know which lines everyone is looking at so I look at as many possibilities as I can.
AttachmentIgnored
DislikedI also have that line drawn. My chart is seriously hard to look at on a larger time frame, but I can understand it easily since I look at it so much.
But just look at all of that resistance above our current area, if you can without going blindIgnored
DislikedWOW! That chart is epic
Yes, shorts are quite likely, but I won't go short here so I have to look north for a nice place and hope others think likewise. That's no guarantee we won't just drop on the London open thoughIgnored
DislikedGood! The important here is only one goes up, so we should go down first..Ignored