If there was easy money lying around,no one would be forcing it into your
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
forget about tomorrow, just steal away into the night
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DislikedDaily was form inside bar and already confirmed break down and 4H was formed double top resistance
1H as you can see a mini pinbar was formed and break the support was turn become resistance now
Prefer scenario is shortIgnored
DislikedWe are inside the red bear now. The lower part of the TWIN-BEAR Astrological Sign seen by ancient Greeks' eyes.Ignored
DislikedWe are inside the red bear now. The lower part of the TWIN-BEAR Astrological Sign seen by ancient Greeks' eyes.Ignored
Dislikedlets have some fun
apart candlestick formation,lets see the chart formationIgnored
Dislikedthanks papa...I'm much more confident with going short from here on out...I like that DMI +/- are just about together at 25 and getting ready to cross.....would you consider that a good read of the DMI.....Ignored
DislikedNice chart analysis. Your view coincides with my previous post on Saturday that FIB 76.4 (1.0183) may be reached. -IMHO-Ignored
DislikedSeems to me you have a different ADX program. I use 13 period not 14.Ignored
DislikedI will not be able to stay up and watch London and New York.
Do you expect a turn-around as soon as within the next couple of sessions - London and New York? I'm wondering which level to chose to set up a limit order - 1.0233 area, or lower, at 1.0183 or so. Could 1.0183 come as early as within the next couple of sessions?
I was very helped by experience in beginning to try to trade this pair recently particularly after a comment I think you made that... it takes a lot for "the fat lady to turn around." I'm sorry if I confuse your...Ignored
DislikedFirst, I 'd give credit to FXMindset for his nice charting showing a highly likely support area. He did not know my discussion on Saturday. In fact, he is a very seasoned trader with abundant wisdom which I would follow.
Finding a correct direction of market's next move is easier than pinpointing the turning points. Although it is feasible to reach 1.0183 zone, at this point, it is difficult to know how much time it will take and if it will reach there. As I mentioned earlier, projecting the time needed is the toughest challenge for anyone....Ignored
DislikedA picture is worth a thousand words.
No, they are not going to cross over yet. It was this reason, I said the daily is still bullish. I use ADX to confirm my chart pattern identification. Not the other way around. -IMHO-Ignored
DislikedTrade independently, that is. I'm not clueless and wanted your opinion though I knew I'd come across as trying to have someone else decide. Thank you for your reply!Ignored
Dislikedyou would say that...lol...it's so much easier to see and find patterns within DMI...but that's okay it just make studying the effects of ADX even more interesting......I appreciate your patients with me I'm probably repeating myself...I'll get it though..... hope you don't mind me asking for your views...Ignored
DislikedMany trees are on the valley
and plenty on the mountain top.
The forest is shady and somber
but the right tree may yield much lumber.
The wise man walks with his head bowed,
gathering pebbles along the way.
His is a lonely path.
But sometimes he might drop some,
so he can easily find back his way home.Ignored
DislikedPlease don't misunderstand my note. I knew you were not relying on my opinion alone. It was my way to remind the person who asked questions.
I looked at the H1 chart again. I guess I find the tail of my red bear if my analysis is correct. The intersection of two TLs and FIB 76.4 is the point I would keep my eyes on. -IMHO-Ignored
DislikedShows on Daily as well. Was drawing the chart while you posted. Blaming grand-daughter for delay. But she's so cute.Ignored