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mfoste1 replied Jan 29, 2010Hey, hope everyone had a great trading week. I didnt really trade this pair this week bc my margin was wrapped up in gbp/nzd shorts. Here's one of my weekly charts sans indis with major trendlines and fib levels over the EU lifetime. It seems to ...
EURUSD
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mfoste1 replied Jan 28, 2010Im quite familiar with trendlines thanks....ne ways, i dont have any positions on this pair right now, im waiting for a good area to short again. Im not shorting USD against any pair right now, too risky. We'll probably see some volatility tomorrow ...
EURUSD
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mfoste1 replied Jan 28, 2010Also, look at how hard it moved down before when it came close to the upper TL. Now when it comes close sellers are exiting more often. Its trying to step out of this channel....
EURUSD
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mfoste1 replied Jan 28, 2010appears to be stepping out of this channel to the upside....4033 will be important area
EURUSD
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mfoste1 replied Jan 28, 2010assuming if ones system sucks, then i guess one is not making profits....go back to the drawing board. Experiment with different TFs, indicators(if you use them) and try to find a blend that produces good trades. Really I think the most important ...
How long to be profitable?
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mfoste1 replied Jan 28, 2010I pray the conservatives in this country NEVER let this happen. If it does this will be a very dark day for U.S. obama is a dreamer not a realist. Hes becoming a republican nightmare. The dead pres are rolling over right now in their graves!
EURUSD
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mfoste1 replied Jan 28, 2010very good possibility esp with bernanke vote coming in as a catalyst
EURUSD
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mfoste1 replied Jan 28, 2010I just woke up....missed my eu entry ahhhhh oh well the market is always there....why does obama keep trying to help the economy and then he tries grab wall st by the balls? every time that he does this the markets dive, i dont really think thats ...
EURUSD
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mfoste1 replied Jan 28, 2010next resistances i have are 4043 then 4069 holding gbp/nzd shorts
EURUSD
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mfoste1 replied Jan 28, 2010plays almost perfectly between the 38 and 50 and coincides very nicely with trendlines. The yellow lines are from 2008 high and low, but bottom one is very strong trendline...i wouldnt be surprised to see it go down today esp with data coming up ...
EURUSD
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mfoste1 replied Jan 27, 2010anyone can be profitable in this game immediately....the key is 1. bank ur profits....dont give them back 2. never let a winning trade turn into a loser 3. let winners run If one can do these three things I GUARANTEE you will b successful
How long to be profitable?
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mfoste1 replied Jan 27, 2010wow took out all those stops below 3950....longs just cant seem to win
EURUSD
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mfoste1 replied Jan 27, 2010no, the problem wasnt with the pipsfeeder it was the flux capacitor
EURUSD