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EURUSD

  • #767,661
  • Mar 5, 2013 7:52pm Mar 5, 2013 7:52pm
still sleepy
not rsi but cci
sorry
  • #767,662
  • Mar 5, 2013 7:53pm Mar 5, 2013 7:53pm
Quoting Ken A
Hmmm..... I don't scalp and I don't have the skills to so no indicator for me.

Will RSI tell you when it's going to break out of range?
its swing....
  • #767,663
  • Mar 5, 2013 7:55pm Mar 5, 2013 7:55pm
Quoting Ken A
Define overbought and oversold
  • #767,664
  • Mar 5, 2013 7:57pm Mar 5, 2013 7:57pm
Quoting LeeNoa
its recovery time again now..need 3078 upper and overbought to get a new bull
  • #767,665
  • Mar 5, 2013 8:02pm Mar 5, 2013 8:02pm
Quoting John Gray
Of course
John, I'd like to introduce you to Lee. She is a lady and single.

Lee, meet John a good guy and also single.

You two take it from here
  • #767,666
  • Mar 5, 2013 8:06pm Mar 5, 2013 8:06pm
Quoting Ken A
Hmmm..... I don't scalp and I don't have the skills to so no indicator for me.

Will RSI tell you when it's going to break out of range?
cci will tell its over bought or sold...many kind conditions to support new swing, one of them is trend (found it last night).. breaking flat triangle (new top/low, usually on 2nd top/low) and cci over 100/-100 in that candle entry---its to define 1st swing...of course is on eu M15 TF
  • #767,667
  • Mar 5, 2013 8:08pm Mar 5, 2013 8:08pm
Quoting Ken A
John, I'd like to introduce you to Lee. She is a lady and single.

Lee, meet John a good guy and also single.

You two take it from here
better back to sleep...its recovery time for me and her..
  • #767,668
  • Mar 5, 2013 8:36pm Mar 5, 2013 8:36pm
Quoting LeeNoa
better back to sleep...its recovery time for me and her..
Same here.
  • #767,669
  • Mar 5, 2013 8:40pm Mar 5, 2013 8:40pm
Quoting Qayas
Same here.
  • #767,670
  • Mar 5, 2013 8:58pm Mar 5, 2013 8:58pm
Quoting John Gray
Fair enough,

USD/JPY has a lot of room to move down
Ditto long term big time
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  • #767,671
  • Mar 5, 2013 9:05pm Mar 5, 2013 9:05pm
Quoting LeeNoa
still sleepy
not rsi but cci
sorry
What period u set ur cci?
  • #767,672
  • Mar 5, 2013 9:11pm Mar 5, 2013 9:11pm
We may see it going a little higher..
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When Scalpers win, I lose and Vice varsa...
  • #767,673
  • Mar 5, 2013 9:16pm Mar 5, 2013 9:16pm
took a short scalp 30683

sl 30773
  • #767,674
  • Mar 5, 2013 9:17pm Mar 5, 2013 9:17pm
May go much higher after Bullish Divergence on 4h MACD and first higher low PA, especially if S&P goes up and Dollar Index keeps going down.
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  • #767,675
  • Mar 5, 2013 9:28pm Mar 5, 2013 9:28pm
Quoting LeeNoa
better back to sleep...its recovery time for me and her..
I see you doing exercise very hard . go with real trading and small amount of money!!!
Everything in the world has its own rhytms
  • #767,676
  • Mar 5, 2013 9:31pm Mar 5, 2013 9:31pm
Quoting mohan76
bro ,

i guess we might have rate cut in next month or following month , one of our mayor bank started FIX rate mortgage promotion (0.6% less than variable) which is usually sign of rate cut
Sorry bro visitors arrived

4hr falling tl, very little defence, the daily pin still showed grunt, however I have inverted the pin which lines up with my monthly level 0290 -0300, watching for now, have just enter short 0298, and squeezing my long, my short could get killed, cause room to next defence 0340, time will tell


Yep and been watching that also BNZ poorly named as its aussie owned have been doing the same. Sell in May go Away
If you are new to Forex? Say Goodbye to your account!!
  • #767,677
  • Mar 5, 2013 9:34pm Mar 5, 2013 9:34pm
Bit of fun in the Demo account..

But I do have my reasoning for the buy
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Even the worst trade can close with profit. Just give it time.
  • #767,678
  • Mar 5, 2013 9:46pm Mar 5, 2013 9:46pm
Quoting KiwiTrada
Sorry bro visitors arrived

4hr falling tl, very little defence, the daily pin still showed grunt, however I have inverted the pin which lines up with my monthly level 0290 -0300, watching for now, have just enter short 0298, and squeezing my long, my short could get killed, cause room to next defence 0340, time will tell


Yep and been watching that also BNZ poorly named as its aussie owned have been doing the same. Sell in May go Away
Hi Kiwi,

Not sure how reliable my 23.6 fib level is, but it lines up with previous top. And if it holds, then we will be in continuation mode, more likely then not

Could see 1.02 for inverted H&S but lacking volume.

Breakaway from H4 Channel happened, rather happy there. Next situation exists at 1.03, obviously...

London gives more I take it.. See how they like the rally.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AUDUSD 23.6 Fib.PNG Size: 38 KB
Even the worst trade can close with profit. Just give it time.
  • #767,679
  • Mar 5, 2013 9:47pm Mar 5, 2013 9:47pm
EurJpy 4h Parabolic SAR points supports the move to the upside
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  • #767,680
  • Mar 5, 2013 9:49pm Mar 5, 2013 9:49pm
Opportunity here perhaps..

two scenarios depending on what happens around 1.03
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Inverted H&S.PNG Size: 60 KB
Even the worst trade can close with profit. Just give it time.
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