i got time slippage about 3-5 sec. my broker fuuuuk with me today
- #817,124
- Jul 21, 2013 5:05pm Jul 21, 2013 5:05pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #817,125
- Jul 21, 2013 5:21pm Jul 21, 2013 5:21pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
time frame : daily Triple Bottom ? {image}
nice to see higher timeframe thinkingbut I have couple thoughts for to consider, triple anythings can often mean opposite ie in a rally general rule is 2nd tap of resist is possible short, 3rd tap is often long, however longing @ resist is not wise and vice versa
Daily chart 1 pa is hovering around the top of a previous range, bulls have broken north twice, both time bears hav e pushed back to bottom of range the last time printing a LH so although the top of range has been compromised, the bull bear battle is 50/50 there, however the bottom of the range is still being held by buyers
same chart zoomed in can see over last 2 weeks bears did not like bulls break and rejected strongly then built a lower double top and now stuck in an almost equilateral triangle which generally mean 50/50 battle
So Im thinking yes your targets a possible if buyers can breach the rejection high Thursday 11th but equally bottom of range is possible if pa start printing LL,s
Personally I think is tricky place to trade, too many 50/50 possibilities, and good time to stay on sidelines, for me aggressive crazy kiwi, I am looking for a short and going to try play the fragile top of range
these charts are just simple one I am looking at much more shit too
If you are new to Forex? Say Goodbye to your account!!
- #817,126
- Jul 21, 2013 5:39pm Jul 21, 2013 5:39pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #817,127
- Jul 21, 2013 5:44pm Jul 21, 2013 5:44pm
- | Joined Dec 2011 | Status: NZ Trader | 1,652 Posts
{quote} very nice clean chart with your thoughts
LMy sentiment is bearish, but the portfolio is hedged. So really I'm hedged..
This battle around what id call the zone around 1.30 is not easily won as we have seen these past weeks. But whatever happens it'll be big as in >500 pips.
Even the worst trade can close with profit. Just give it time.
- #817,129
- Jul 21, 2013 6:43pm Jul 21, 2013 6:43pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #817,131
- Jul 21, 2013 7:03pm Jul 21, 2013 7:03pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
i love sunday trading, you know def where it is going. if there wouldn't be 10 pip spread i could call it a day!! day ends in 11 min.
- #817,133
- Jul 21, 2013 7:15pm Jul 21, 2013 7:15pm
- 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!
- #817,135
- Jul 21, 2013 7:19pm Jul 21, 2013 7:19pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
just took small long at 3140, stop 30 pips. good weekend all.
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #817,138
- Jul 21, 2013 8:11pm Jul 21, 2013 8:11pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} Once again we are stuck in the EUR/USD! LMy sentiment is bearish, but the portfolio is hedged. So really I'm hedged.. This battle around what id call the zone around 1.30 is not easily won as we have seen these past weeks. But whatever happens it'll be big as in >500 pips.
how are yous up there bro, we are getting smashed by quakes last 24hrs been hitting ervery 3 or 4 minutes fuk bastards, thought I left them in ChCh bastards have followed me up here
If you are new to Forex? Say Goodbye to your account!!
