so... going short right now, probably to soon right?
- #724,304
- Nov 29, 2012 4:29am Nov 29, 2012 4:29am
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- #724,305
- Nov 29, 2012 4:29am Nov 29, 2012 4:29am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
NOW the traders will short this 4 hr downline but they are forgetting that prices are getting sucked up by two yearly down line
chart A
chart B
Someone is seeing a lot of effort to shake off traders for a breakout, its going to happen in a few, during this hour.
They think they are smarter than I am.
- #724,307
- Nov 29, 2012 4:32am Nov 29, 2012 4:32am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #724,308
- Nov 29, 2012 4:33am Nov 29, 2012 4:33am
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
That's really long term view, nice if it works
Someone is seeing a lot of effort to shake off traders for a breakout, its going to happen in a few, during this hour.
- #724,309
- Nov 29, 2012 4:33am Nov 29, 2012 4:33am
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- #724,310
- Nov 29, 2012 4:34am Nov 29, 2012 4:34am
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That's really long term view, nice if it works
Someone is seeing a lot of effort to shake off traders for a breakout, its going to happen in a few, during this hour.
- #724,312
- Nov 29, 2012 4:35am Nov 29, 2012 4:35am
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
NOW the traders will short this 4 hr downline but they are forgetting that prices are getting sucked up by two yearly down line
chart A
chart B
- #724,313
- Nov 29, 2012 4:36am Nov 29, 2012 4:36am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
That's really long term view, nice if it works
Someone is seeing a lot of effort to shake off traders for a breakout, its going to happen in a few, during this hour.
have to see what they do with it in NY session
- #724,314
- Nov 29, 2012 4:37am Nov 29, 2012 4:37am
That's really long term view, nice if it works
Someone is seeing a lot of effort to shake off traders for a breakout, its going to happen in a few, during this hour.
as we are approaching year end so the monthly chart will do and yeah scalper will take good scalping trades when monthlies in play,
i will take a risk of taking short at two yearly supply line approx at 3025/50
and excellent another short opportunity coming in EUR/JPY around 107 and i heard alot of stop orders are at 107.20 so might be stop grabbing rally as i m seeing good divergence on 4hr tf or eur$ and euryen and i think that will make the trick
Wolves don't lose any sleep over the opinion of the sheep.
- #724,315
- Nov 29, 2012 4:37am Nov 29, 2012 4:37am
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- #724,316
- Nov 29, 2012 4:38am Nov 29, 2012 4:38am
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"It's the Margin, Stupid."
- #724,317
- Nov 29, 2012 4:39am Nov 29, 2012 4:39am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #724,318
- Nov 29, 2012 4:41am Nov 29, 2012 4:41am
You may be right but one needs to consider the volume if we reach there... If 1.30-1.3035 taken out with high volume then we are in for much higher levels IMO. So if we do reach there, better to wait for a cllear reversal sign...
there is no vol in forex absolutely no and if some one claims it its a fat lie,
because forex is the only market where every position is hidden only few know this but the "few" not even know the exact vol, this is not shares or bond market its real cash market and you can not produce vol until you print more money,
when you hear QE then its volume
Wolves don't lose any sleep over the opinion of the sheep.
Help me where can I go...