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- Liger86 replied Jun 20, 2009
You don't have to force yourself not to sell, you could be scalping for small profits, you'd help everyone by adding liquidity, we could have really used some this week!
EURUSD
- Liger86 replied Jun 20, 2009
Then things get tricky. Apparently trendlines drawn on h4 are not the same as 1day, at least not on these free charts @ dailyfx.com Remember the most recent resistance parallel that i drew that connected friday knee jerk top with a higher top few ...
EURUSD
- Liger86 replied Jun 20, 2009
1. You just missed this move, now what? 2. You could have bought here and lets face it from what it looks like you probably got stopped. 3. I was personally confused as to where to draw support parallel for this new down trend resistance parallel ...
EURUSD
- Liger86 replied Jun 20, 2009
1. Lets say you bought @ support parallel, worst case entry - say around 1.4180. how do you handle that situation. 2. Worst possible case would be your stop @ 1.4075 3. Moderate case is you manualy trailed your stop and got stopped @ 1.4154 4. Best ...
EURUSD
- Liger86 replied Jun 20, 2009
According to my speculation 1.3439 would have to be met by thursday next week. Which means that it would have to fall on average of 0.0169/day to reach that target on time to meet high support, if it gets there later there won't be that kind of ...
EURUSD
- Liger86 replied Jun 20, 2009
Week of 6/21/09 Trade Plan — Last weeks high @ 1.4028 (BEARISH) - I'm willing to continue to enter short positions up to this level. Break of this level will be watched for on daily chart - so H1 and H4 breaks don't count to me for next week ...
EURUSD
- Liger86 replied Jun 19, 2009
Usually I'm not in the mood to post all this, makes my brain hurt from all the photoshopin' and editing. Is this helping anyone? I'll keep it coming if it does... Maybe even start a new thread...
EURUSD
- Liger86 replied Jun 19, 2009
Draw a trendline the wrong way, and you’ll never hit your target. — Trendlines
EURUSD
- Liger86 replied Jun 19, 2009
1. Break of this trendline invalidates its support parallel. 2. New bottom is formed, new trend line is drawn... 3. Wait for top to form so you can draw a new resistance parallel. 4. After bottoming target new parallel resistance. 5. The part that ...
EURUSD
- Liger86 replied Jun 19, 2009
1. Lets say you trade trendlines and need to get a good exit target, how do you pick one? 2. Once price has bounced and its clear, which is in around this area. 3. Draw your first trendline connecting the two bottoms. 4. Then draw second line that ...
EURUSD
- Liger86 replied Jun 19, 2009
image Current short term resistance combined with midterm support trend lines could all end around 1.3600 with new direction emerging from there on... But until then, it is my firm belief that 1.3600 will be overshot to at least 1.3400 When the ...
EURUSD
- Liger86 replied Jun 19, 2009
These are important trendlines for next week. Note how 5min hit daily resistance trendline, really cool
EURUSD
- Liger86 replied Jun 19, 2009
4050 is more of a realistic bet, so sell half there and run the rest to 4175
EURUSD
- Liger86 replied Jun 18, 2009
I forgot who, but someone here is expecting 4150+, and i'm with them on it!
EURUSD
- Liger86 replied Jun 18, 2009
If i had to make a short today, i wouldn't target anything extreme like 3700 unless 4050+ is reached and maybe backed with divergence.
EURUSD
- Liger86 replied Jun 18, 2009
This is retarded, there is no confidence in this move, its channeling down but its going up inside the channel on daily charts. MA20 on daily is on top @ 1.4011 Daily R1 @ 1.4016 Weekly Pivot and Psyco is right on 1.4000 To top all that channel ...
EURUSD
- Liger86 replied Jun 17, 2009
the idea is to stand firm by what you believe If you think it should go down but it doesn't - don't go long.
EURUSD