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- notch replied May 7, 2009
I'm holding this short until peak and trough analysis give me an exit signal or I'm stopped out just above the right shoulder. I missed out on some serious pippage on the upmove by not simply trading the plan.
EURUSD
- notch replied May 7, 2009
AtLast, I wanted to get in at the shoulder but must maintain the discipline.
EURUSD
- notch replied May 7, 2009
I'm thinking more in terms of peak and valley analysis based on the close. Most other analysis/methods are just telling the same story in a different way. If the price breaches 1.3315 then this indicates (but does not confirm) a short term trend ...
EURUSD
- notch replied May 7, 2009
I'm seriously starting to consider scrapping all indicators except price action.
EURUSD
- notch replied May 7, 2009
You just have to trade what you see on the charts. Treandline break on the 1 min chart.
EURUSD
- notch replied May 7, 2009
I didn't think Muslims were allowed to trade. I thought that making mone off money was against the Sharia.
EURUSD
- notch replied May 7, 2009
Well I was in bed last night thinking. I'm in front of the PC for 12 hours a day min watching my position oscilliate from profit into loss and back again. It doesn't make any sense to wait for a 100 pip move whe I could have had 15 trades averaging ...
EURUSD