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  • #988,321
  • May 12, 2015 3:14am May 12, 2015 3:14am
Quoting GoBigShot
{quote} Thank you hathor, i check on video just now it only show straight line head and shoulder.this picture you show has some with increment line.. It can work like that also? When i read online, always about seminar ads that tells to join for fundamental class so i thought its important too.. ��
Yes, neckline can descend/ascend, but the line between the two shoulder's top must be parallel with it.
f(z)=z2+c
  • #988,322
  • May 12, 2015 3:15am May 12, 2015 3:15am
selling draghi's coinz at 1.12374 (daily R2)
  • #988,323
  • May 12, 2015 3:16am May 12, 2015 3:16am
Quoting yorkshirelad
{quote} look at the screenshot, notice the up move then it moved down from the high then back up to form the head. now its started to form the next shoulder before down. {image}
Yes, have reading on this.. Does this pattern become most reliable because it happened several time before?
  • #988,324
  • May 12, 2015 3:19am May 12, 2015 3:19am
Quoting hathor
{quote} Yes, neckline can descend/ascend, but the line between the two shoulder's top must be parallel with it.
Parallel on the pips between both shoulder or the top entry must at same value? Ill check on previous data to see the pattern today so i can understand this pattern more.. Thanks guys for teaching.. 🙌🙌
  • #988,325
  • May 12, 2015 3:19am May 12, 2015 3:19am
Quoting Karpa
selling draghi's coinz at 1.12374 (daily R2)
"It is pointless to go short on the euro"
Mario Draghi.
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #988,326
  • May 12, 2015 3:19am May 12, 2015 3:19am
Quoting janpec1000
{quote} New plan, long on either two depending on weakness on bear side on test: http://prntscr.com/740ea7
It finally reached the lower target...most likely lower now.

Lets see when it wanna stop so i can load a long here and short euro
COT: The precious data ignored
  • #988,327
  • May 12, 2015 3:20am May 12, 2015 3:20am
Quoting janpec1000
Here we go EU longs scalps atm only in my interest bull target should be 1275. Anyone shorting this could be making big misstake considering structure at bottom up, unless taking scalps. Looking on EA too longs. On UJ expecting temporary top thus looking for short but higher near current supply. 119.85 is atm bear target.
Yes...the pattern held strongly, while the descending trendline(s) has been broken up with an intense move.
f(z)=z2+c
  • #988,328
  • May 12, 2015 3:20am May 12, 2015 3:20am
If Euro goes back to sit above the uptrend line at 1350 - 1380 and consolidates............ 1.1 and maybe even 1.11 is out of the picture
  • #988,329
  • May 12, 2015 3:20am May 12, 2015 3:20am
"Fed's Dudley says he doesn't know when Fed will raise rates. Rates liftoff to depend on data"
Losers Hope, Winners Believe
  • #988,330
  • May 12, 2015 3:20am May 12, 2015 3:20am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
Finally EU borke the daily 2nd resisternce now comment where it goes????
  • #988,331
  • May 12, 2015 3:22am May 12, 2015 3:22am
All my systems are long since 1,1173, 75 pips so far each trade
  • #988,332
  • May 12, 2015 3:22am May 12, 2015 3:22am
Quoting Lacunoide
{quote} "It is pointless to go short on the euro" Mario Draghi.
He said so but I promise it's a one time sell
  • #988,333
  • May 12, 2015 3:22am May 12, 2015 3:22am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1.gif Size: 195 KB
Attached Image (click to enlarge)
Click to Enlarge Name: zlozona korekta.GIF Size: 9 KB
  • #988,334
  • May 12, 2015 3:23am May 12, 2015 3:23am
Quoting GoBigShot
{quote} Parallel on the pips between both shoulder or the top entry must at same value? Ill check on previous data to see the pattern today so i can understand this pattern more.. Thanks guys for teaching.. 🙌🙌
Like this: (margin of tolerance is up to you...I like rather symmetric structures)
Attached Image
f(z)=z2+c
  • #988,335
  • May 12, 2015 3:24am May 12, 2015 3:24am
Quoting kuroro001
{quote} It finally reached the lower target...most likely lower now. Lets see when it wanna stop so i can load a long here and short euro
Hey, i wouldnt long that now. Situation has changed, long was good yesterday and bull target was reached after that i pack the bags and wait what bears say.
In my view longing now is bad, bears will press and break lows. Look for shorts, and look fast couse its not gona retrace a lot probably.
  • #988,336
  • May 12, 2015 3:25am May 12, 2015 3:25am
Quoting GoBigShot
{quote} Hehe.. If it ask for margin call i just dump some extra.. i have been trying several style and pesonally yours has better insurance.. Atm i dont mind losing as long as i can gain info for future trade..
Advice: Close your trades, get your deposit back and go donate it to charity.
When you get home, open demo account and trade it for a while (month/years).
After one year, when you get some idea on how forex work, you can open real again.
... Or you can lose 20 deposits first and just drop forex at all or go to demo anyway.
The choice is up to you.
  • #988,337
  • May 12, 2015 3:25am May 12, 2015 3:25am
earthquake in Nepal... also felt in New Delhi.
may God forgive us all.
  • #988,338
  • May 12, 2015 3:26am May 12, 2015 3:26am
Quoting Magicmen
Watch out all major pairs are on the top in 4H. Good morning euro. I am looking for 1243. {image}
Did not respect 1243. 1261 is weaker. I will short @1302. My longs are still active. Will close soon.
  • #988,339
  • May 12, 2015 3:27am May 12, 2015 3:27am
Dunno who it is..... but they have done it several times for few weeks now, run Euro to the support, get the bears to short it and then spike it up without warning back to sit on the uptrend line....... this has happened at least 5 times since April's low.
  • #988,340
  • May 12, 2015 3:28am May 12, 2015 3:28am
Quoting xolvox
earthquake in Nepal... also felt in New Delhi. may God forgive us all.
Just heard that on BBC. Very sad.
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