{quote} well if someone watches M5 and was like "OMFG WTF that spike.... it means his/her eurusd Long just got their SL hit
YOUR MOTHERS ASS
- #948,641
- Jan 8, 2015 9:23am Jan 8, 2015 9:23am
- #948,642
- Jan 8, 2015 9:25am Jan 8, 2015 9:25am
{quote} well if someone watches M5 and was like "OMFG WTF that spike.... it means his/her eurusd Long just got their SL hit
- #948,643
- Jan 8, 2015 9:26am Jan 8, 2015 9:26am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #948,645
- Jan 8, 2015 9:29am Jan 8, 2015 9:29am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #948,647
- Jan 8, 2015 9:35am Jan 8, 2015 9:35am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
Still want 1805 
If you draw a fib from this weeks' hi/lo you'll have a nice little roadmap on the hourly
maybe means something...maybe means nothing.
If you draw a fib from this weeks' hi/lo you'll have a nice little roadmap on the hourly
maybe means something...maybe means nothing.
- #948,649
- Jan 8, 2015 9:41am Jan 8, 2015 9:41am
[quote=maximinus;7980898]{quote} I've 1650. thank you 
You made me open my monthly chart. Great achievement 
it could be crucial the level and it may work well, But the January Factor is also important. you can check the historical data of EURO/USD and Dollar index. on the other hand the symmetrical triangle is indicating much lower price targets as well
You made me open my monthly chart. Great achievement it could be crucial the level and it may work well, But the January Factor is also important. you can check the historical data of EURO/USD and Dollar index. on the other hand the symmetrical triangle is indicating much lower price targets as well
- #948,654
- Jan 8, 2015 9:48am Jan 8, 2015 9:48am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
{quote} Can I see it anyways?
Inserted Video
- #948,655
- Edited 10:01am Jan 8, 2015 9:49am | Edited 10:01am
[quote=salman14;7981535]
According to the ‘’TECHNICAL ANALYSIS OF STOCK TRENDS’’ by Edward and Magee the Euro looks extremely bearish if the close occurs below 1.1800 on weekly chart. I am reading the book again in these days. As you can see on the below chart the EUR/USD is flashing a Monthly symmetrical triangle and now it’s trading below the boundary line of the formation.
Keep in mind a symmetrical triangle on top requires five contact points, if it has a six contact points then in most cases it will be failed after a sharp move. On the below chart it’s displaying five contact points on Monthly chart.
This pattern requires a decisive close below 1.1800 minimum on the weekly chart. If it happens then it could bring 0.9320.
I am thinking about the 3rd antidote. Like central bank decisions, intervention calls, high volatility if it goes to the targeted areas.
{quote} I've 1650. thank you
According to the ‘’TECHNICAL ANALYSIS OF STOCK TRENDS’’ by Edward and Magee the Euro looks extremely bearish if the close occurs below 1.1800 on weekly chart. I am reading the book again in these days. As you can see on the below chart the EUR/USD is flashing a Monthly symmetrical triangle and now it’s trading below the boundary line of the formation.
Keep in mind a symmetrical triangle on top requires five contact points, if it has a six contact points then in most cases it will be failed after a sharp move. On the below chart it’s displaying five contact points on Monthly chart.
This pattern requires a decisive close below 1.1800 minimum on the weekly chart. If it happens then it could bring 0.9320.
I am thinking about the 3rd antidote. Like central bank decisions, intervention calls, high volatility if it goes to the targeted areas.
