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  • #40,641
  • Mar 28, 2013 6:01am Mar 28, 2013 6:01am
.
Quoting stevewalker
I want to share this with you.

white circle is a SHS ( bit mixed but SHS )
what it generally does is.
- Creates SHS
- then breakes Neck line
- then reverse from 1/3 way ( called Bear trap )
- then create another right shoulder bigger then the last one
- then rolls down.

so the Q is Why I did not trade that.
due I should see a formation at the top of the last right shoulder. this time it was fast & there were no formation.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 157 KB
  • #40,642
  • Mar 28, 2013 6:02am Mar 28, 2013 6:02am
which TF?

Quoting Afghanistan
if we have candle close uper 1.28 then we have strong move up !
  • #40,643
  • Mar 28, 2013 6:03am Mar 28, 2013 6:03am
Quoting stevewalker
actually yes
unemployment claims + PMI may gyrate the market some.....that may be the last straw ....maybe a short term reversal coming ..weekly is heavy oversold
  • #40,644
  • Mar 28, 2013 6:04am Mar 28, 2013 6:04am
SHS.
Quoting stevewalker
.
Wait, or you will be slaughtered!
  • #40,645
  • Mar 28, 2013 6:06am Mar 28, 2013 6:06am
yes

BTW we fixed the term
SHS as HS
you can see @ 1st page
Quoting Uturn2
SHS.
  • #40,646
  • Mar 28, 2013 6:06am Mar 28, 2013 6:06am
lol a super strong push up momemtum happening , have chance to break even higher .
  • #40,647
  • Mar 28, 2013 6:07am Mar 28, 2013 6:07am
I see 3 Upper Shadows on 15m = Bear PA?
I'm looking to shoot it
Quoting mok1one
5min cup and handle forming?
Wait, or you will be slaughtered!
  • #40,648
  • Mar 28, 2013 6:08am Mar 28, 2013 6:08am
bloomberg

comments about
Germany of EU
EU of Germany

if you ask me
who pays who controls
  • #40,649
  • Mar 28, 2013 6:09am Mar 28, 2013 6:09am
Quoting Uturn2
I see 3 Upper Shadows on 15m = Bear PA?
I'm looking to shoot it
15m

Short 2799
Attached Image (click to enlarge)
Click to Enlarge Name: 130328_15m[1]EURUSD.png Size: 34 KB
Wait, or you will be slaughtered!
  • #40,650
  • Mar 28, 2013 6:09am Mar 28, 2013 6:09am
Quoting Uturn2
I see 3 Upper Shadows on 15m = Bear PA?
I'm looking to shoot it
The way it move so fast like that scared me for short , waiting ...
  • #40,651
  • Mar 28, 2013 6:12am Mar 28, 2013 6:12am
to break 2815 3 rd attemp defeated
Bears are playing
no bulls around
  • #40,652
  • Mar 28, 2013 6:13am Mar 28, 2013 6:13am
yes
its clear
tested
now we may have another test
3+1
3+1 in general breaks

Quoting Uturn2
15m

Short 2799
  • #40,653
  • Mar 28, 2013 6:16am Mar 28, 2013 6:16am
Quoting stevewalker
bloomberg

comments about
Germany of EU
EU of Germany

if you ask me
who pays who controls
Quess who is in control

http://www.1channel.ch/watch-2738757...ssels-Business

The Brussels Business : THE BRUSSELS BUSINESS is a docu-thriller that dives into the grey zone underneath European democracy. An expedition into the world of the 15,000 lobbyists in the EU-capital, of the PR-conglomerates, think tanks and their all embracing networks of power and their close ties to the political elites.
  • #40,654
  • Mar 28, 2013 6:16am Mar 28, 2013 6:16am
Quoting stevewalker
yes

BTW we fixed the term
SHS as HS
you can see @ 1st page
Steve, perhaps H+S or H&S would make it easier HS stands for High School and I know most of us left that building behind a while ago...
  • #40,655
  • Mar 28, 2013 6:18am Mar 28, 2013 6:18am
bro that makes it more key click
lets keep it HS

Quoting TraderPablo
Steve, perhaps H+S or H&S would make it easier HS stands for High School and I know most of us left that building behind a while ago...
  • #40,656
  • Mar 28, 2013 6:19am Mar 28, 2013 6:19am
Quoting stevewalker
bro that makes it more key click
lets keep it HS
true...
  • #40,657
  • Mar 28, 2013 6:22am Mar 28, 2013 6:22am
yes! retested Pivot Day, Sell to Unemployment Claims
  • #40,658
  • Mar 28, 2013 6:26am Mar 28, 2013 6:26am
But the forecasts for the unemployment are slightly negative for the usd, aren't them?
  • #40,659
  • Mar 28, 2013 6:29am Mar 28, 2013 6:29am
HS : Head & Shoulder Pattern

Can see a problem with HS Steve.
I've seen some traders use HS for Head and one Shoulder [Higher Low on RH side only].
I sometimes use it, but prefer HL.
I like SHS [H&S is not as easy to type].
SHS is widely accepted and known in the FX business as well.
In the end, up to you mate!

Edit: Out +4 only
Wait, or you will be slaughtered!
  • #40,660
  • Mar 28, 2013 6:30am Mar 28, 2013 6:30am
Quoting dibo90
But the forecasts for the unemployment are slightly negative for the usd, aren't them?
but it looks like were having a rotation day with a possible reversal and the report may not be able to to throw us out of lower range ..but then again i watch PA and chart ..and if I have to leave monitor i put a stop on my longs ...
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