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  • #798,441
  • May 16, 2013 6:17am May 16, 2013 6:17am
1.2911 needs to be tested
Loser trying to become a winner!
  • #798,442
  • May 16, 2013 6:17am May 16, 2013 6:17am
Quoting KiwiTrada
{quote} Yup these level have good historical history as support and resistance, I did post earlier I think shes in no mans land, but yep rr is with bulls defending, but in between the S&R as posted, there have been some pretty mean over runs, and considering right now she has actually printed a LH so bears arnt here for the scenery, they are here to scarp, bulls are trying to defend like hell, its actually a pretty good scrap so far today she s been in no hurry to go anywhere, but winner will desreve a nice chunk of pips and going...
i am bearish.. but at the tl i am not.. there is no way if i was up a few hundred pips i would risk that here.. just to say i was s at 3226.. most times it will bounce.. and it does, what happens "most times". its hard to lose over a long run.. i could short anywhere above where i got out and still would be in a better place, then if i held.
those who can, do. those who cant, talk about those who can
  • #798,443
  • May 16, 2013 6:18am May 16, 2013 6:18am
Quoting Likerty
{quote} It may just shoot through the roof once out of the range..
Good batch of bulls near 1,2860...i wonder if they will be strong enough for a break up
COT: The precious data ignored
  • #798,444
  • May 16, 2013 6:18am May 16, 2013 6:18am
Quoting citizen1981
Long @1.2867 SL @1.2852 TP @1.2930
  • #798,445
  • May 16, 2013 6:18am May 16, 2013 6:18am
Quoting mohan76
{quote} i have big fence @ 84/90 (daily open , weekly s1 , pivot ) & Tokyo open/London high 81.5 ,
I have todays open 79 / 85
If you are new to Forex? Say Goodbye to your account!!
  • #798,446
  • May 16, 2013 6:21am May 16, 2013 6:21am
Quoting KiwiTrada
{quote} I have todays open 79 / 85
my daily 85.4 and Tokyo 81.5 crossed checked 2 brokers
Mohan
  • #798,447
  • May 16, 2013 6:22am May 16, 2013 6:22am
We could be at a medium term bottom here back up to 1.3284-1.3400 area then back down ... rest of this week should explain a lot
Loser trying to become a winner!
  • #798,448
  • May 16, 2013 6:23am May 16, 2013 6:23am
i hope Euro not gonna do same thing lmao
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-w1-trading-point-of.png Size: 49 KB
  • #798,449
  • May 16, 2013 6:24am May 16, 2013 6:24am
Bulls look like they want to prepare for a stamped on the 5minute chart. Hmmm...Deciding if I need to enter long yet or not.
Luck has no place in trading. Leave that for the poker table.
  • #798,450
  • May 16, 2013 6:25am May 16, 2013 6:25am
Quoting Mad Russian
i hope Euro not gonna do same thing lmao {image}
your chart makes no sense - there must be at least three touching points for a correct trendline
  • #798,451
  • May 16, 2013 6:26am May 16, 2013 6:26am
Quoting kuroro001
{quote} Good batch of bulls near 1,2860...i wonder if they will be strong enough for a break up
Let's see now!
  • #798,452
  • May 16, 2013 6:28am May 16, 2013 6:28am
risky trade, but R/R is worth it today
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5-mb-trading-futures-3.png Size: 64 KB
  • #798,453
  • May 16, 2013 6:31am May 16, 2013 6:31am
forex factory suggestion box... not only time stamp post.. also tick stamp the atm levels .. with a high and low. on all post
a interactive chart with all the bells and whistles, where multiple people can chart at the same time live,,
those who can, do. those who cant, talk about those who can
  • #798,454
  • May 16, 2013 6:31am May 16, 2013 6:31am
A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance
Quoting Ulterior
{quote} your chart makes no sense - there must be at least three touching points for a correct trendline

http://stockcharts.com/school/doku.p...is:trend_lines
  • #798,455
  • May 16, 2013 6:36am May 16, 2013 6:36am
Quoting Mad Russian
A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance{quote} http://stockcharts.com/school/doku.p...is:trend_lines
LOL
  • #798,456
  • May 16, 2013 6:37am May 16, 2013 6:37am
if you base your TL off 3 prior points at minimum, you'll be awaiting the 4th test, which, more often than not fails - T/L's too obvious to the herd by then... so then it's better for reversals, not trend continuations.
Patience, persistence and probabilities.
  • #798,457
  • May 16, 2013 6:37am May 16, 2013 6:37am
Quoting Mad Russian
A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance{quote} http://stockcharts.com/school/doku.p...is:trend_lines
) r u sure lol
Loosening is not an option
  • #798,458
  • May 16, 2013 6:38am May 16, 2013 6:38am
Quoting Ulterior
{quote} your chart makes no sense - there must be at least three touching points for a correct trendline
there is 3 touching points
those who can, do. those who cant, talk about those who can
  • #798,459
  • May 16, 2013 6:43am May 16, 2013 6:43am
how many touching points i have here
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-trading-point-of.png Size: 76 KB
  • #798,460
  • May 16, 2013 6:47am May 16, 2013 6:47am
Quoting Mad Russian
how many touching points i have here {image}
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