DislikedOh by the way, I like your posts. You're a smart trader.
A Vouch for you my friend.Ignored
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Good Morning folks 
Ugh, this PA isn't looking good for my longs. Yen is still gaining some strength and pound isn't doing much
Ugh, this PA isn't looking good for my longs. Yen is still gaining some strength and pound isn't doing much
Ghost Rider - WWTBMD?
- Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts
When the facts change I change my mind, what do you do sir
- Joined Mar 2009 | Status: Trader | 25,480 Posts
If these levels break, the dragon going down hard I'm afraid. If I closed all my longs right now I'd be BE for the week. 
Ghost Rider - WWTBMD?
If these levels break, the dragon going down hard I'm afraid. If I closed all my longs right now I'd be BE for the week.
another point of view supporting your charts, albchr. on daily time frame I see we are falling from the right shoulder. when we will meet the median line seems to be a matter of time...
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- Joined Mar 2009 | Status: Trader | 25,480 Posts
hi all...
another point of view supporting your charts, albchr. on daily time frame I see we are falling from the right shoulder. when we will meet the median line seems to be a matter of time...
Ghost Rider - WWTBMD?
- | Joined Feb 2013 | Status: Trader | 334 Posts
That drop was most likely caused by the engulfing candle on the 1HR chart of a zone. As you can see price then moved down to near the next zone. My next zone below 142.900 is some 200 pips away, which I think is partly me just lacking historical data to place zone an additional zone in that area.
There is also the head and shoulders pattern still on the daily chart to keep in mind. That requires quite a drop though to confirm itself, to around 140.
There is also the head and shoulders pattern still on the daily chart to keep in mind. That requires quite a drop though to confirm itself, to around 140.
