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  • #39,241
  • Mar 21, 2013 9:58pm Mar 21, 2013 9:58pm
Quoting Mr. Scott
This one?
ok got it yes looks like it is forming one nicely on the 1h chart...if market won't tank ....in lieu of adverse news ..we may have a go north for a while....
  • #39,242
  • Mar 21, 2013 10:00pm Mar 21, 2013 10:00pm
I would not call this SHS

but if you call it I say nothing.
depends on where you lokin from
Attached Image (click to enlarge)
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  • #39,243
  • Mar 21, 2013 10:02pm Mar 21, 2013 10:02pm
fixed.


HS : Head & Shoulder Pattern
  • #39,244
  • Mar 21, 2013 10:04pm Mar 21, 2013 10:04pm
Quoting goods
Sorry let me clarify, instead of should, make it a belief . Stick with your gut and you will win.
I stick with my plan not my gut because my gut has emotion. Ever heard about "butterflies in your stomach" too much emotion in my gut. But my plan has no emotions, it might not be perfect all the time but my PLAN has kept me in the game for almost 10 years now. It is all good...I have only been on this thread a little while and Steve has done an excellent job maintaining the quality of this thread. Let everyone respect others and not be little anyone else. Thanks Steve! Keep it up!
  • #39,245
  • Mar 21, 2013 10:08pm Mar 21, 2013 10:08pm
agreed
" Let everyone respect others"

Quoting MeInGraySuit
I stick with my plan not my gut because my gut has emotion. Ever heard about "butterflies in your stomach" too much emotion in my gut. But my plan has no emotions, it might not be perfect all the time but my PLAN has kept me in the game for almost 10 years now. It is all good...I have only been on this thread a little while and Steve has done an excellent job maintaining the quality of this thread. Let everyone respect others and not be little anyone else. Thanks Steve! Keep it up!
  • #39,246
  • Mar 21, 2013 10:09pm Mar 21, 2013 10:09pm
actual range 25 pips
  • #39,247
  • Mar 21, 2013 10:09pm Mar 21, 2013 10:09pm
EURUSD finally dead.
  • #39,248
  • Mar 21, 2013 10:11pm Mar 21, 2013 10:11pm
GMT+2
11:00am EUR German Ifo Business Climate
  • #39,249
  • Mar 21, 2013 10:12pm Mar 21, 2013 10:12pm
10:00 GMT+2

Quoting EuroTraderJD
If it matters any more....

Cyprus Parliament delay vote until 8am gmt.
  • #39,250
  • Mar 21, 2013 10:15pm Mar 21, 2013 10:15pm
Quoting stevewalker
I would not call this SHS

but if you call it I say nothing.
depends on where you lokin from
Inverse H&S

https://www.google.com/search?q=inve...w=1095&bih=942

However if market tanks through right inversed shoulder and head ...Inverse H&S negated ...the right side (shoulder) is forming a triangle so anything goes from here..... (1h) chart

https://www.google.com/search?q=bull...w=1095&bih=942
  • #39,251
  • Mar 21, 2013 10:20pm Mar 21, 2013 10:20pm
the reason I dont call it HS is becouse it formed after 170 pips gap down.
this ore like an overshoot action.
its waving in a range

every pattern has a reason. HS also has reasons to form that shape called shoulder head shoulder

but after a 170 pip gap open I call it a shake . not HS

this what I think

Quoting TraderPablo
Inverse H&S

https://www.google.com/search?q=inve...w=1095&bih=942

However if market tanks through right inversed shoulder and head ...Inverse H&S negated ...the right side (shoulder) is forming a triangle so anything goes from here..... (1h) chart

https://www.google.com/search?q=bull...w=1095&bih=942
  • #39,252
  • Mar 21, 2013 10:23pm Mar 21, 2013 10:23pm
if every shape like HS would be HS, trading would be heaven

Quoting stevewalker
the reason I dont call it HS is becouse it formed after 170 pips gap down.
this ore like an overshoot action.
its waving in a range

every pattern has a reason. HS also has reasons to form that shape called shoulder head shoulder

but after a 170 pip gap open I call it a shake . not HS

this what I think
  • #39,253
  • Mar 21, 2013 10:25pm Mar 21, 2013 10:25pm
asia is not going to do anything. thats clear for now.
  • #39,254
  • Mar 21, 2013 10:30pm Mar 21, 2013 10:30pm
>2200 ticks in <7 pips
  • #39,255
  • Mar 21, 2013 10:33pm Mar 21, 2013 10:33pm
Quoting stevewalker
the reason I dont call it HS is becouse it formed after 170 pips gap down.
this ore like an overshoot action.
its waving in a range

every pattern has a reason. HS also has reasons to form that shape called shoulder head shoulder

but after a 170 pip gap open I call it a shake . not HS

this what I think
personally i don't try to figure out chart patterns too much ...it got my attention since it was mentioned above...and i peeked at it and I can clearly see it...if it holds ok, if not so be it...pattern in the currencies seem to be destroyed often due to its high volatility so i do take them with a "big" grain of salt......

I'm still long until proofed otherwise...and will go to sleep with a stop....if taken out..so be it.....ill get in again an other day...
  • #39,256
  • Mar 21, 2013 10:36pm Mar 21, 2013 10:36pm
I can see it. it shaped like HS. but for me its not.

so what/how you trade?
what you use to trade.
if you post a chart we can better understand how you trade/think

Quoting TraderPablo
personally i don't try to figure out chart patterns too much ...it got my attention since it was mentioned above...and i peeked at it and I can clearly see it...if it holds ok, if not so be it...pattern in the currencies seem to be destroyed often due to its high volatility so i do take them with a "big" grain of salt......

I'm still long until proofed otherwise...and will go to sleep with a stop....if taken out..so be it.....ill get in again an other day...
  • #39,257
  • Mar 21, 2013 10:41pm Mar 21, 2013 10:41pm
GL

Quoting Sombasan
Looking for EUR to head lower after 1.2910, targets 2986 then 2971
  • #39,258
  • Mar 21, 2013 10:42pm Mar 21, 2013 10:42pm
.
Quoting stevewalker
How to Set Renko Bars System:
http://www.forexfactory.com/showthre...57#post6374957
http://www.forexfactory.com/showthre...84#post6519584
  • #39,259
  • Mar 21, 2013 10:42pm Mar 21, 2013 10:42pm
Tough pair to trade from here on out to Tuesday..................
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The More You Learn, The More You Earn.....
  • #39,260
  • Mar 21, 2013 10:45pm Mar 21, 2013 10:45pm
always

Quoting forexalien
Tough pair to trade from here on out to Tuesday..................
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