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- Liger86 replied Jul 8, 2009
I smell major support @ 1.3832 Previous day low and daily S1 are overlapping
EURUSD
- Liger86 replied Jul 8, 2009
So lets say who ever went short at 1.4039 monthly PP has now covered at least half of their position on average. Their next targets should be 1.3766-1.3740, if not reached they'll cover sooner and we might see retest of ...
EURUSD
- Liger86 replied Jul 8, 2009
That light at the end of the tunnel... might not be the end of the tunnel
EURUSD
- Liger86 replied Jul 8, 2009
As you can see daily trendline i firmly rejected. Hint we are bear
EURUSD
- Liger86 replied Jul 8, 2009
Not a big fan of trailing stops but they have been keeping me from bad trades turning into a loss. My trailing stop technique: Use trailing until +2 pips above entry, then change trailing to regular stop once +2...
EURUSD
- Liger86 replied Jul 7, 2009
I don't think shorts have taken profits yet. Assuming many entered on 1.4039, we have not yet reached weekly daily S1. I can't see it turn around and erase these profits for shorts but that is exactly what i fear.
EURUSD
- Liger86 replied Jul 7, 2009
It just tried to get to 1.4 a few times in last 8 hours and couldn't it will now see how low it can go before retry to the upside. Maybe it will go as low as 1.3927 1.3908 1.3878 and this will make it a double bottom.
EURUSD
- Liger86 replied Jul 7, 2009
Almost looks like double top on H1, stoch is back in oversold sorta. Plus it can't get over that stupid daily support line... so we going down or what?
EURUSD
- Liger86 replied Jul 6, 2009
Maybe on second try, I assume you are refering to 1.3953 daily pp...
EURUSD
- Liger86 replied Jul 6, 2009
Currently seeking entry along bottom trendline for mid term short non scalp trade, will target upper trendline...
EURUSD
- Liger86 replied Jul 6, 2009
I'm gonna try to short along that trendline, target daily PP @ 1.3953 SL 10pips from entry Live trade, non demo
EURUSD