Engulfing Bar up today. Anyone like to guess where it will stop?
It takes a lot for me to IGNORE you, but you can try.
- #221
- Jan 22, 2015 2:03am Jan 22, 2015 2:03am
- Joined Jul 2011 | Status: Gold Again | 10,557 Posts
- #224
- Jan 30, 2015 4:05pm Jan 30, 2015 4:05pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
I'm Short now on EURGBP {image}
- #226
- Jan 30, 2015 4:19pm Jan 30, 2015 4:19pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
{quote} i hope..what i believe is this week was a correlation for eur..in coming weeks it should start declining again..thats why my almost all positions are in this direction.. it will be too bad if I get wrong for my budget
.
- #227
- Jan 30, 2015 4:44pm Jan 30, 2015 4:44pm
{quote} It is better for you to draw some charts and posts here as a record and ensure it by yourself
*it hits its 5day period reversal and goes back
*last day bar is engulfing in my view and this makes me thinking it might turn downward. i also got this feeling today as it tried to reach up again and again but couldn't do last shot(i mean eur in totally against strong currencies)
*rsi has no momentum to upward yet
*I would wait until it crosses over fibo%23 and 5day mov and hover there a bit intraday, a new rsi trend and only start thinking to close my position then.
I might be optimistic as all my positions against euro but even all things turn opposite, I wouldn't close my position for a while without checking usd-chf-commodities
i think xau and oil will give back some in next week and this money will flow both usd and emerging market currencies..
money ain't shit,i'm the shit..
- #228
- Jan 30, 2015 4:53pm Jan 30, 2015 4:53pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
{quote} Ok then, i prepared sth just to have an overview; *it hits its 5day period reversal and goes back *last day bar is engulfing in my view and this makes me thinking it might turn downward. i also got this feeling today as it tried to reach up again and again but couldn't do last shot(i mean eur in totally against strong currencies) *rsi has no momentum to upward yet *I would wait until it crosses over fibo%23 and 5day mov and hover there a bit intraday, a new rsi trend and only start thinking to close my position then. I might be optimistic...
Great!Draw more and post more.
Wait to see your further charts soon (also on other currencies, particularly on the forum NZD/USD).
- #230
- Feb 3, 2015 7:47am Feb 3, 2015 7:47am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
EURGBP's upside potential........
Elliott Wave for optimum entry, exit and risk management of trades
- #234
- Feb 11, 2015 4:27am Feb 11, 2015 4:27am
- Joined Jul 2011 | Status: Gold Again | 10,557 Posts
as you know 
It takes a lot for me to IGNORE you, but you can try.
- #235
- Feb 13, 2015 4:50am Feb 13, 2015 4:50am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
EURGBP is on a bottoming process or pattern, completing wave (iv) correction before the final (v) down.
Elliott Wave for optimum entry, exit and risk management of trades
- #236
- Feb 15, 2015 5:09pm Feb 15, 2015 5:09pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
If skills could be acquired by watching, every dog would be a butcher. Turk
- #238
- Feb 18, 2015 4:42pm Feb 18, 2015 4:42pm
- Joined Jul 2011 | Status: Gold Again | 10,557 Posts
Where are we heading next......
It takes a lot for me to IGNORE you, but you can try.
- #240
- Feb 19, 2015 1:33pm Feb 19, 2015 1:33pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....