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paul1 replied Jan 26, 2011got a e-mail from mbtrding which is my broker they are paying traders or should i say reducing the charges for using limit orders . That was the surprise news they were talking about sorry if its already posted this thread moves so fast i cant read ...
EURUSD
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paul1 replied Jan 25, 2011I believe 100% retrace to be a very strong pattern treat the last leg as the one to trade .calculate the upward retrace now to gauge the strength . 25% very strong continuation 38% less strong 50% average 61% weak above that your wrong .look for ...
EURUSD
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paul1 replied Jan 25, 2011g/u looks ready to tank further buddies it cant even retrace. may help with the bear view on this pair
EURUSD
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paul1 replied Jan 25, 2011keeping an eye on break 3572 and 3539 as first and secondary bear continuation levels.Using oil and gold being low and the triple top tested in 3 seperate sessions as a guide.
EURUSD
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paul1 replied Jan 25, 2011If its the tool its pretty straight forward the 50% area is a high probability retrace or extention area you can use the 61% or 38% area to indicate bull/bear entry.
EURUSD
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paul1 replied Jan 24, 2011Keep an eye out for strong lower lows lower highs to confirm unlike most indicators these sometimes lead. Depends what the big dogs are doing short term . wishing you many pips buddy.
EURUSD
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paul1 replied Jan 24, 2011gold heading down also oil $5 down from last weeks $92 /barrel thats 2 signs this pair may see some downside.
EURUSD
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paul1 replied Jan 24, 2011If we return to the 3600 area then its been classic big dogs exiting longs as sunday night looks like it was .time will tell . There are some large orders going through at 40 .Are they buying the top ?
EURUSD
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paul1 replied Jan 24, 2011Looking at my chart i see 20 up,40pip down,20 pip up ...........22 ?
EURUSD
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paul1 replied Jan 24, 2011I see the downtrend turned int a 20 pip range currently. Anyone agree 57--78 area?
EURUSD
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paul1 replied Jan 24, 2011Thankyou buddy . Basically the fundamental I take note of are :- 1) listen to all news evaluate whether it affects my pair,By news i dont mean news events .For example in previous posts i mention the news that china then japan and finally russia was ...
EURUSD
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paul1 replied Jan 24, 2011I dont know how long you been trading but if you doubled your account today already . Take some well meant advice Cut your risk now . I have seen a few posts like this and its not a long term strategy. "double" and "blow" are as strong as "heads" ...
EURUSD
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paul1 replied Jan 24, 2011I base my trading on as much research as possible coupled with the charts and am interested in the views of other traders . I value your opinion And am curious as to why you wouldnt take into account the events contributing to price movement .Are ...
EURUSD
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paul1 replied Jan 24, 2011I just like to have as much confirmation as possible the charts are an entry mechanism for your view of were price is going its also a confirmation of your view . China, japan ,russia .for me is fact not rumour and is strongly confirmed by the 700 ...
EURUSD
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paul1 replied Jan 24, 2011There are more than just bonds that are good ,dont you feel that the backing from russia,japan and china helped the auctions,also someone guaranteed portugals whole bond auction . Would you not take from this some extremely big money is backing eur ...
EURUSD