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Trading EURUSD only

  • #11,821
  • Nov 12, 2012 6:06am Nov 12, 2012 6:06am
Quoting stevewalker
yes
I draw it manually for better visuality
it continiou aee Dodger Blue under White one
TY.matching my fibchannel. My lower fibchannel is @ 93. Next from that 86 which is matching my fibextensions %100.
2703 is the fibextensions %61.8.
  • #11,822
  • Nov 12, 2012 6:08am Nov 12, 2012 6:08am
1H still looking down

but I dont expect big moves today as US closed

but "expect the unexpected" he he
any thing can happen

Quoting thodie
falling wedge in the 1h chart
  • #11,823
  • Nov 12, 2012 6:08am Nov 12, 2012 6:08am
YW
Quoting mok1one
TY.matching my fibchannel. My lower fibchannel is @ 93
  • #11,824
  • Nov 12, 2012 6:09am Nov 12, 2012 6:09am
cable is back
he he

super

Quoting stevewalker
my cable is about to die
even making a single post become pain
  • #11,825
  • Nov 12, 2012 6:10am Nov 12, 2012 6:10am
all green
Quoting stevewalker
cable is back
he he

super
Attached Image
  • #11,826
  • Nov 12, 2012 6:10am Nov 12, 2012 6:10am
back to trading
  • #11,827
  • Nov 12, 2012 6:15am Nov 12, 2012 6:15am
for moving up properly it need a new low lower then 2689
or
1 Bar manuplated fast move which it is not POSS at the moment
  • #11,828
  • Nov 12, 2012 6:16am Nov 12, 2012 6:16am
so any level ~2727/30 is good for short it

Quoting stevewalker
for moving up properly it need a new low lower then 2689
or
1 Bar manuplated fast move which it is not POSS at the moment
  • #11,829
  • Nov 12, 2012 6:21am Nov 12, 2012 6:21am
hello everyone. I see holiday on us and canada = slowww market
  • #11,830
  • Nov 12, 2012 6:22am Nov 12, 2012 6:22am
Hi & Yes
Quoting Farrusco
hello everyone. I see holiday on us and canada = slowww market
  • #11,831
  • Nov 12, 2012 6:23am Nov 12, 2012 6:23am
somehow US keep MESSING
  • #11,832
  • Nov 12, 2012 6:24am Nov 12, 2012 6:24am
Quoting mok1one
Not a bad call. considering we have a HUGE bullish divergence on 1 H chart.
I myself am waiting for 2670-2678 Area to go long. My fibonacci extensions (minor 100% and major 61.8%) are matching and also S1.
This would also print a 3rd divergence wave and good enough for me to go long.
Quoting stevewalker
for moving up properly it need a new low lower then 2689
or
1 Bar manuplated fast move which it is not POSS at the moment
I also think i has to go lower to move UP.
Since the divergence is in the making on 1H chart.
  • #11,833
  • Nov 12, 2012 6:27am Nov 12, 2012 6:27am
think that way

if you want to hit something you should retract your arm first then forward for a strong one.
same here
now it retrect arm up & hit down.

now it need to retrect down to lower then low then hit up.
or it may continiou moving down


Quoting mok1one
I also think i has to go lower to move UP.
Since the divergence is in the making on 1H chart.
  • #11,834
  • Nov 12, 2012 6:30am Nov 12, 2012 6:30am
Quoting stevewalker
think that way

if you want to hit something you should retract your arm first then forward for a strong one.
same here
now it retrect arm up & hit down.

now it need to retrect down to lower then low then hit up.
or it may continiou moving down
yes agreed either that or we will see a sharp increase in the angle of the trendline soon.
Build good relationships with others.
  • #11,835
  • Nov 12, 2012 6:30am Nov 12, 2012 6:30am
it is actually over 2nd DER TL @ 1H which is 2703
4H 2nd DER TL is @ 2721

if it climb over both before a new created we will look up
  • #11,836
  • Nov 12, 2012 6:31am Nov 12, 2012 6:31am
Quoting stevewalker
think that way

if you want to hit something you should retract your arm first then forward for a strong one.
same here
now it retrect arm up & hit down.

now it need to retrect down to lower then low then hit up.
or it may continiou moving down
Very good explanation to be honest . Hope some new traders will read that post
  • #11,837
  • Nov 12, 2012 6:32am Nov 12, 2012 6:32am
this is not for scalping
for a proper up move

Quoting stevewalker
it is actually over 2nd DER TL @ 1H which is 2703
4H 2nd DER TL is @ 2721

if it climb over both before a new created we will look up
  • #11,838
  • Nov 12, 2012 6:34am Nov 12, 2012 6:34am

tell you something
there will be good traders learning here combining the informtion here with their experience.
we will see soon

Quoting mok1one
Very good explanation to be honest . Hope some new traders will read that post
  • #11,839
  • Nov 12, 2012 6:34am Nov 12, 2012 6:34am
the worst case is a better trader then me
Quoting stevewalker

tell you something
there will be good traders learning here combining the informtion here with their experience.
we will see soon
  • #11,840
  • Nov 12, 2012 6:35am Nov 12, 2012 6:35am
if I see a bounce over 2721 will go long
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