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EURUSD

  • #701,921
  • Oct 3, 2012 7:32am Oct 3, 2012 7:32am
Quoting almo
Let's all try to get to the winner's circle today
Beer is on me. Im there waiting on you almo.
He who guess is LOST!
  • #701,922
  • Oct 3, 2012 7:33am Oct 3, 2012 7:33am
Quoting KiwiTrada
I have no problem your trade bro, wish may green bear pip, however the H&S shown in green, is not quite right, as H&S normally indication of possible reversal at top of rally/ trend and inverted H&S at bottom, your H&S ? is more at bottom of trend / drop, unless you consider the most recent bounce from 2803 as your rally / trend

If you look to left of your green box, you will see a better reversal pattern, which could be constued as H&S, but is same situation it is at the lows of recent drop, "but" the H&S type pattern, proved to be a good...
Is this veiw gives better view where trendlines are started

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 106 KB
  • #701,923
  • Oct 3, 2012 7:34am Oct 3, 2012 7:34am
Quoting SnaveForex
I careless either...good luck to banking profits on m1 in a neutral market
Q: which came first,,the M1 chick or the M5 egg??
Daytrader
  • #701,924
  • Oct 3, 2012 7:37am Oct 3, 2012 7:37am
Quoting almo
Let's all try to get to the winner's circle today
Daytrader
  • #701,925
  • Oct 3, 2012 7:38am Oct 3, 2012 7:38am
Quoting mahimahi
Q: which came first,,the M1 chick or the M5 egg??
its your strategy so stick with it...i am sticking with mine....hope emotions are mot in inclusive in your strategy
  • #701,926
  • Oct 3, 2012 7:39am Oct 3, 2012 7:39am
Quoting mahimahi
Q: which came first,,the M1 chick or the M5 egg??
Well a 5m chart cant move with movement on 1m chart. I know this market today has not been the biggest of range. Yet the reality is it has given us alot of movement I for one was able to place some pretty good trades even while closing positions for small pip profit. In a small range market 20 orders of 3 points profit, is much easier then trying to close 1 position at 20 points.
He who guess is LOST!
  • #701,927
  • Oct 3, 2012 7:39am Oct 3, 2012 7:39am
Quoting mahimahi
Q: which came first,,the M1 chick or the M5 egg??
no no no .... the 30m stupid
  • #701,928
  • Oct 3, 2012 7:40am Oct 3, 2012 7:40am
Quoting KiwiTrada
This is eu daily and clearly shows the inverted H&S just about everyone here was trading mid july, excuse the fibs just something I watching on lower timeframes

It also shows present "falling channel" aka bull flag, if pa will breach the 38fib and or the utl of the channel, bulls will definitely be in ontrol for some nice pips, however it is a falling channel and for as long as the utl is repsected bears are in control, this is the proverbial bull bear battle, bulls want to breach retest and hold the utl of channel and bull flag fruits,...
Bulls are buying on dips to major pivots & rising channels across the board..
GBP consolidate above the daily 21ma tag dancing with a rising EURGBP could re-print 1.30~1.31 near term..
Euro bulls will should both GBP & EURGBP decide to race each other for the recent range tops..

Euro EURGBP GBP D1
Attached Image (click to enlarge)
Click to Enlarge Name: Euro capture-20121003-102256 D1.png Size: 93 KB
  • #701,929
  • Oct 3, 2012 7:40am Oct 3, 2012 7:40am
Gold is now dragging EUR to the ground ...
"It's the Margin, Stupid."
  • #701,930
  • Oct 3, 2012 7:40am Oct 3, 2012 7:40am
Quoting StopGuessing
Its a curve ball. Give it some time and you will see EUR drop.
There is your move down as promised
He who guess is LOST!
  • #701,931
  • Oct 3, 2012 7:42am Oct 3, 2012 7:42am
Quoting StopGuessing
There is your move down as promised
Yes...but its down, to move up S.G


A round of Guiness on me after today
  • #701,932
  • Oct 3, 2012 7:43am Oct 3, 2012 7:43am
Quoting mohan76
Looks 1h foming h&s
did you defend ac 0053, I was going to sideline, but ladies just froze, so trade 30min gravestone for 19+ , been back test her, is one thing of interest for future, around 0169 ish I have missing data !! 31st aug and again 2 days ago, u know i like missing data, but is too many pairs bro getting confused
anyway look yen false alarn again, for now anyway
If you are new to Forex? Say Goodbye to your account!!
  • #701,933
  • Oct 3, 2012 7:45am Oct 3, 2012 7:45am
Quoting screwup
no no no .... the 30m stupid
Q:Which is longer..the 30M Stupid or the M1 Stupider??
Daytrader
  • #701,934
  • Oct 3, 2012 7:45am Oct 3, 2012 7:45am
87 looks like the line in the sand (again) - should be interesting to see this break in either direction, once it does. Should be for massive pips regardless.
  • #701,935
  • Oct 3, 2012 7:47am Oct 3, 2012 7:47am
Quoting mahimahi
Q:Which is longer..the 30M Stupid or the M1 Stupider??

...hahaha! This is killin me!!!
Daytrader
  • #701,936
  • Oct 3, 2012 7:57am Oct 3, 2012 7:57am
Crude & EU shorts looking good
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 70 KB
  • #701,937
  • Oct 3, 2012 7:58am Oct 3, 2012 7:58am
Quoting mahimahi
...hahaha! This is killin me!!!
oh no ... closed my short from 2926. got it wrong .... hahaha
  • #701,938
  • Oct 3, 2012 7:58am Oct 3, 2012 7:58am
Quoting SnaveForex
its your strategy so stick with it...i am sticking with mine....hope emotions are mot in inclusive in your strategy


Stick to yours too buddy!
btw you sound like my high sch teacher
Daytrader
  • #701,939
  • Oct 3, 2012 8:00am Oct 3, 2012 8:00am
Quoting MaxDoom
Crude & EU shorts looking good
Yep although crude hitting 9000 may mean a nice bounce back up..
  • #701,940
  • Oct 3, 2012 8:00am Oct 3, 2012 8:00am
Quoting screwup
oh no ... closed my short from 2926. got it wrong .... hahaha
ok!ok!...let's not screw this up!!
Daytrader
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