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Rag2RichesFX replied Sep 27, 2012ever notice how after a big dip the price almost always re balances? works on all time frames
combine it with divergence and support areas and you have a good spot to counter trend on the H1 chart price definitely needs to re balance. although it ...EURUSD
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Rag2RichesFX replied Sep 27, 2012out of 80% of short bullish divergence even though the trend is heavy and could very well keep going. but 50 pips is a daily goal and i reached it
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Rag2RichesFX replied Sep 27, 201265 ruining the fresh down trend... hope we dont get stuck in a range
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Rag2RichesFX replied Sep 27, 2012another price rebalance taking place i love this webinar on price action i watched last night, its very good, if its recorded ill link it
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Rag2RichesFX replied Sep 27, 2012hope this isnt a bear trap.. but its a little high on the charts to put in the higher low.. somewhere around 40 would be legitimate though for a reversal (if it wants to) and higher low
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Rag2RichesFX replied Sep 27, 2012longing 65 with a stop @ 63/62 was a no brainer there
liquidity void into a good support area this is when you see V like retracementsEURUSD
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Rag2RichesFX replied Sep 27, 2012waiting for 65 to break to pile on more shorts important level from yesterday
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Rag2RichesFX replied Sep 27, 2012
short again from higher and will probably add to it once 73 breaksEURUSD
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Rag2RichesFX replied Sep 27, 2012i agree but its rare that it moves this slowly up on a retrace then just shoots up further but a V shape is a different story
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Rag2RichesFX replied Sep 27, 2012This last down leg is inefficient and price needs to re balance (lower high), i closed @ 75 will short again if 73 breaks
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Rag2RichesFX replied Sep 27, 2012I bought the bottom but I'm already out. This up move is too inefficient, it needs to build a base before we can go up more Offers @ 05/15, maybe those got front run and we are going down already. we could still go test the highs and reach the ...
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Rag2RichesFX replied Sep 27, 2012this market really goes into chop mode a lot lately... its quite frustrating. can anyone tell if this is bearish or bullish? normally i would lean bearish but were still above the trendline
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Rag2RichesFX replied Sep 27, 2012get a better broker
can't possibly scalp with those tight of stops and very small targets without a 1 pip spreadEURUSD