EURUSD

I don't have a perception of "lack of luck", I make money doing this. Just not all the time, and it irritates me when people who are risking everything in their trades want to brag about the virtues of "patience" when they have a bone thrown to them once in a while. Most of my trades that don't stop out are left to run for around a week, sometimes two or three.

Just something to think about...my stop was 13 points wide. It stopped the first initial impulse down (I was holding this on the inverse CHF pair) when everybody was screaming breakout and then held for over 24 hours before it was barely exceeded. I'll give it another try if price gets back to the new zone I see formed.

i see 3637 and it's 3614 but i can't see that 3486 and 3651. can you give me the start ? thanks.

Correction Listen to all do what u think is right

Nah, don't listen to anyone.

Was a good day for me

???

What is the difference between a GOOD trader & a NOOB trader

Money management

No Different - The Different One is Attitude

I will hold 1/3 of my spx shorts for a drop of 200 points, even if that means i will hold it to mid of next year.

Closed EA for +1.5 pips. Bias is still short on a double top play. Will look for new entry next week.

I just sold 5 yards snake oil why not brag? Im going to sell omega oil over the weekend.

A picture is worth more than 1000 words.
I just wanna share this for you guys for the weekend.

Dragonfly Doji to be precise - " has the open/close at the highs of the session. This means that the market has touched much lower lows during the session, but has impressively managed to close at, or very close to the highs. " Steve Nison, author of Japanese charting techniques.

For me, on a monthly chart, this doesn't really confirm very much at all except that on a monthly chart, with the momentum to the upside and with MACD rising, we are, in the long term, not going to collapse to new lows. On the weekly, we are closing positively, above the price set last Friday, and again, are not looking for the euro to collapse. The daily is also looking reasonably bullish on my charts. The H4 chart is the first one that can give a clue as to what might happen next week, and so it is this one I am attaching. You will see that some fairly important moving averages have now got beneath the price, which for me means that they will act as support once the price has fallen a bit. I have taken out some of the moving averages I use, but left some others which I hope will demonstrate where I'm coming from, given that I believe the monthly, weekly, and daily charts paint a bullish picture, although I think that Monday could well be a down day which we actually need for euro to drop to the levels where buyers will come into the market again.

I believe we will see euro drop the around 1.3484, which is the 4 hour 100sma and the 61.8% fib retracement level, what should be a fairly powerful support combination. It could go lower, to around 1.3450, which is the 76.4% fib, or it may not get past the 1.3533 level, which is the H4 200ema, though I do expect it to. These levels are important ones to be watching whether you are in a trade, or looking to Buy. We'll see.

This is just my analysis, nothing more, and I may be way off. If it helps one or two people here, for me that's job done. Here's my H4 chart.

Looks like I got here just on time, was about to post my monthly chart. Any thoughts? Good ol doji close!

Am I missing how thats not a clear double top? Doesnt seem like many are pointing this out

H&S also set to roll on the dailies.

I think i understand what u mean

1) A good trader knows that NOBODY( & i mean NOBODY weather he is a 10+ V or somebody with a high complex software) can predict what the market is going to do next, He play's his game well prepared to get out when things go against him With minimum loss always protecting his capital

A NOOB trader keeps on adding to losers