recently I have been thinking about range bars' nature, they whisper us at least the same things as do hh-hl/ll lh bars, and if you can read range bars, you are definitely in a high probability trade.

The power of range bars

is it heading towards 1.3150? looks like it.

EURUSD

important day approaching. if it reaches 1.2980, i would have only good news for euro at this point.

EURUSD

watching 1.28. too early to say anything specific, but we are entering into an important zone.

EurAnalysis

markets, trends, patterns. pay attention to number 7. video

Technical Analysis Fallacy

all eggs in one basket?

Technical Analysis Fallacy

no problem. probably my comments were just silly. we do not know each other personally so no point of taking anything personal. i know you are trying to help people here. as one wise man said 'i am ready to become a servant of anyone for 40 years ...

Technical Analysis Fallacy

Sir, i know very well where you stand in this business and where i do. i understand how silly may sound what i wrote. i am learning, doing my best, learning includes not only studying and following but asking questions too. from your answer i ...

Technical Analysis Fallacy

i have very little experience in this business, that is why trying to understand it. maybe i did not put my question correct, not sure. the matter of flow is understood, big money in, change of direction for some time. but this is not convincing, ...

Technical Analysis Fallacy

i have a question about trading plan. let's take eu as an example. in my case, i am planning to stay bearish below 1.2340, because this is serious supply zone. above that point may consider scalping long. factors i am relying on are basically PA, ...

Technical Analysis Fallacy

what a day. so euro zone solved all problems and now time to party? can imagine how brokers were busy making margin calls. well, this is how professionals play, they made the killing. it may go up further, but upside is limited, at best, maybe 1.25 ...

EurAnalysis

have a feeling that this rally has a short life, may long a few days. fundies have not changed, euro is still in deep sh... only usd weakening may help rising euro if there is QE. this is not the first time 200 pip a day move happening. the last one ...

Technical Analysis Fallacy

i see. sorry i forgot that you are a position trader. so those guys are just liquidating and agitating others to buy so that they can short at higher price?

EurAnalysis

what is the point of using it then? eu is trying really hard, somebody keep buying, this is suicide.

EurAnalysis

where is your stop loss? watch out it is coming

EURUSD

i do not care about gaps, you right. but when there are ppl who does, one needs to consider such option too

EurAnalysis

it is trying to close the gap, trigger stop losses at 1.2160, add some longs there and reach 1.2190. i am waiting, lets see.

EurAnalysis

i see now. your tp target is very attractive to short, double top, channel resistance

EurAnalysis

wish you luck! but what about this chart?

EurAnalysis

if 90 man closes the gap price may reach the next 90 - 1.2190. at 1.2150 some waiting to long, and of course duck slaughter will help a bit.

Technical Analysis Fallacy