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Rag2RichesFX replied Sep 17, 2012the lines give me more confidence on dynamic support/resistance and market direction, also good areas to watch for PA to take over i closed for +5 after the M1 doji
EURUSD
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Rag2RichesFX replied Sep 17, 2012
oh yeah, its a great substitute to the M1 chart. i have it on my left monitor, this multi TF on my center monitor (M1-through H4, with daily under the one click trade), and FF on the right monitor.
this what it looks like when i press print ...EURUSD
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Rag2RichesFX replied Sep 17, 2012i re entered for scalp after yet another divergence if i was to long EU for long term i would wait for better entry
EURUSD
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Rag2RichesFX replied Sep 17, 2012more divergence into 16 this is the only time its okay for me to counter trend, and risking 2-3 pips max (with a near perfect entry at 16)
EURUSD
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Rag2RichesFX replied Sep 17, 2012I think its time to long UJ (for long term), that pos currency needs to devalue and that weekly bar and follow through is pure accumulation. Plus BOJ may ease as well this week
EURUSD
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Rag2RichesFX replied Sep 17, 2012because i do it far too much. there are times when its profitable. you would have to see me trade to understand the stupid setup i take sometimes. i used to take trades with under 10 pip targets but i wont do that anymore. that doesnt mean i wont ...
EURUSD
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Rag2RichesFX replied Sep 17, 2012because there are many counter trend setups that go for +50 pips only risking 5-10 the counter trend i try sometimes are for 5-10 pip profit only risking 3-5 pips. those only seem to work WITH trend for me anyway how could you not enter on a double ...
EURUSD
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Rag2RichesFX replied Sep 17, 2012PA says down to 3080 at least but its chopping everyone up first. First need to break 3120. Not my kind of short. The short was at 3170 or 57 if you like to re enter after the bounce
M30 chart looking bearish though.EURUSD
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Rag2RichesFX replied Sep 17, 2012my goodness yes. id be 2 or 3x more profitable if i didnt countertrend trade AT ALL this year. i thought i was good at it, and sometimes i actually am, the problem is the timing and stop outs. when counter trending, the chance of getting stopped out ...
EURUSD
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Rag2RichesFX replied Sep 17, 2012its crazy the amount of ego the markets bring out of people... and its funny because nothing will kill your account quicker than ego in this market NOTHING that feeling of "oh won a trade! so i can just keep trading all day long at any time, and ill ...
EURUSD
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Rag2RichesFX replied Sep 17, 2012monthly trend is up now imo above 1.3080/90 is monthly bull and we closed above it last week sure its not with a lot of conviction.. above 1.35 of course would be monthly bull no doubt, but i like 1.3080 for monthly bull (and not at all because it ...
EURUSD
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Rag2RichesFX replied Sep 17, 2012agreed quite strange i think thats becuase its trying to top out off of a recent 90 pip move. so there will be some buy pressure to eat through first
EURUSD
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Rag2RichesFX replied Sep 17, 2012should be.... thats one ugly chart , added short @ 42 30 pips up and 30 pips down, only took 20 minutes.
EURUSD
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Rag2RichesFX replied Sep 17, 2012To the EurAnalysis thread where he belongs
Should have shorted 57 In these volatile markets people should be making a killing (compared to Summer anyway) 20 pip swings in 10 minutes, lovely market conditions 
EURUSD
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Rag2RichesFX replied Sep 17, 2012the all too familiar stop out my long and continue trend....... so frustrating... a 40 pip retrace is too deep for trend continuation as far as PROBABILITY goes (doesn't mean it can't continue of course but its more likely to not) also it retraced ...
EURUSD