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EURUSD

  • #791,801
  • Apr 25, 2013 1:20pm Apr 25, 2013 1:20pm
Remember this 'bullish' wedge?

Fell right down
Attached Image (click to enlarge)
Click to Enlarge Name: falling wedge.JPG Size: 170 KB
  • #791,802
  • Apr 25, 2013 1:22pm Apr 25, 2013 1:22pm
Quoting diggo
Time to short gold gator?
time to find a reason to look... target hit, and a bearish wedge needs breaking. see if volume is drying up..
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #791,803
  • Apr 25, 2013 1:24pm Apr 25, 2013 1:24pm
Quoting gatorinla
{quote} time to find a reason to look... target hit, and a bearish wedge needs breaking. see if volume is drying up.. {image}
Thanks for the chart I entered a small short, SL not set yet.
  • #791,804
  • Apr 25, 2013 1:24pm Apr 25, 2013 1:24pm
Quoting cspip
{quote} I really dont know how you can sound so sure in every chart like that? How do you really know bears want this and bulls want that ? There are some who are only bulls and some only bears ? Good lord! Would someone be so crazy as to only trade one way all the time ? Its not about bulls or bears, just sheep following fundamentals, technical, charts, price etc.
He is not so sure about it, nobody is...he is "playing" different scenarios based on what the PA does, add some low risk-high probabilities trades and you got Gator's style
COT: The precious data ignored
  • #791,805
  • Apr 25, 2013 1:24pm Apr 25, 2013 1:24pm
Quoting cspip
Remember this 'bullish' wedge? Fell right down {image}
and?
those who can, do. those who cant, talk about those who can
  • #791,806
  • Apr 25, 2013 1:27pm Apr 25, 2013 1:27pm
Quoting cspip
Remember this 'bullish' wedge? Fell right down {image}
Beautiful......



By Christina
If there was easy money lying around,no one would be forcing it into your
  • #791,807
  • Apr 25, 2013 1:27pm Apr 25, 2013 1:27pm
Quoting gatorinla
{quote} and?

and i think the bears, oops i mean traders will target the black trendline, to around 1.2700 before bouncing north
Attached Image (click to enlarge)
Click to Enlarge Name: falling wedge.JPG Size: 170 KB
  • #791,808
  • Apr 25, 2013 1:27pm Apr 25, 2013 1:27pm
Quoting cspip
Remember this 'bullish' wedge? Fell right down {image}
To me patterns are not profitable at all

Everything about triangles, wedge, H&S and so have never been working here...i let that style for the pros.

It's probably because i'm not good at drawing things.

It's better and easier to read than drawing
COT: The precious data ignored
  • #791,809
  • Apr 25, 2013 1:29pm Apr 25, 2013 1:29pm
Quoting cspip
and i think the bears, oops i mean traders will target the black trendline, to around 1.2700 ...
Inserted Video
If there was easy money lying around,no one would be forcing it into your
  • #791,810
  • Apr 25, 2013 1:32pm Apr 25, 2013 1:32pm
Quoting diggo
{quote} Thanks for the chart I entered a small short, SL not set yet.
technically, a wedge has to be broken.. just like a hs or most patterns.. until its nothing but a potential setup.
those who can, do. those who cant, talk about those who can
  • #791,811
  • Apr 25, 2013 1:32pm Apr 25, 2013 1:32pm
Quoting kuroro001
{quote} To me patterns are not profitable at all Everything about triangles, wedge, H&S and so have never been working here...i let that style for the pros. It's probably because i'm not good at drawing things. It's better and easier to read than drawing
yes, i agree.

If they worked all the time then everyone would know about it and that would be the end of trading.
  • #791,812
  • Apr 25, 2013 1:39pm Apr 25, 2013 1:39pm
Just for fun
Attached Image (click to enlarge)
Click to Enlarge Name: Euro.png Size: 10 KB
If there was easy money lying around,no one would be forcing it into your
  • #791,813
  • Apr 25, 2013 1:41pm Apr 25, 2013 1:41pm
Quoting cspip
{quote} and i think the bears, oops i mean traders will target the black trendline, to around 1.2700 before bouncing north {image}
first the last picture was not a bullish wedge, it never broke out..
second i dont think much to chart. its and odds game.. nothing any of us do here is a sure thing. i am using current pa with respect to past pa indications. i will be wrong pretty often.. and when i am i will lose sometimes. and when i am right i will win sometimes. add in some mm and it pays the bills.
those who can, do. those who cant, talk about those who can
  • #791,814
  • Apr 25, 2013 1:43pm Apr 25, 2013 1:43pm
Quoting gatorinla
{quote} first the last picture was not a bullish wedge, it never broke out.. second i dont think much to chart. its and odds game.. nothing any of us do here is a sure thing. i am using current pa with respect to past pa indications. i will be wrong pretty often.. and when i am i will lose sometimes. and when i am right i will win sometimes. add in some mm and it pays the bills.
yes, me too.

(and ok, it was a 'bullish' wedge setup, (that failed) )
  • #791,815
  • Apr 25, 2013 1:44pm Apr 25, 2013 1:44pm
Quoting FXMindset
{quote} https://www.youtube.com/watch?v=CduA0TULnow
she moved. but i still see her dad sometimes.
those who can, do. those who cant, talk about those who can
  • #791,816
  • Apr 25, 2013 1:45pm Apr 25, 2013 1:45pm
Quoting gatorinla
{quote} she moved. but i still see her dad sometimes.
Sent me a regards to her dad


Amen
If there was easy money lying around,no one would be forcing it into your
  • #791,817
  • Apr 25, 2013 1:46pm Apr 25, 2013 1:46pm
Quoting cspip
{quote} yes, me too. (and ok, it was a 'bullish' wedge setup, (that failed) )
go back and read. i told u if the bottom broke it was bearish
those who can, do. those who cant, talk about those who can
  • #791,818
  • Apr 25, 2013 1:57pm Apr 25, 2013 1:57pm
Patterns do work. It's just that they are not reliable. A trader needs a line to trade off of. Any line will do, but those with a higher probability are preferable.
Gone to a better place
  • #791,819
  • Apr 25, 2013 1:59pm Apr 25, 2013 1:59pm
what is a set time for ez rate release?
those who can, do. those who cant, talk about those who can
  • #791,820
  • Apr 25, 2013 2:02pm Apr 25, 2013 2:02pm
Quoting smikester
Patterns do work. It's just that they are not reliable. A trader needs a line to trade off of. Any line will do, but those with a higher probability are preferable.
i trade patterns all day every day.. very seldom off a tl.. but if there is one nearby,, that's good too..
those who can, do. those who cant, talk about those who can
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