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Rag2RichesFX replied Aug 29, 2012true, and September is going to be fun i can feel it, this trader i know who has been trading for 30 years wont talk to anyone until September. He took July and August off I dont know why, perhaps because they spend so much time staring at screens, ...
EURUSD
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Rag2RichesFX replied Aug 29, 2012no where did i say i only used indicators
i said i wouldn't be successful without them, IE with a naked chart, i cant see momentum, i can see S/R levels sure, but not momentum, hard for me to explain really but anyway, were going to test 2550, PA ...EURUSD
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Rag2RichesFX replied Aug 29, 2012Indeed, and just look at price bounce off EMAs and BBs, could never trade without these personally and i can see it just fine, i have large monitors this is the monitor i normally look at when day trading E/U, can you see PA more clearly on this?
EURUSD
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Rag2RichesFX replied Aug 29, 2012this is just insane.. flat now made a few off those shorts, and of course back down we go after i close the amount of traps in the last 24 hours makes me sick... just pick a direction and put in a proper daily range already.. so many 40-60 pip daily ...
EURUSD
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Rag2RichesFX replied Aug 29, 2012Hmm, I use m1 too, would do you mean has to have at least 2 points as close as possible, you mean multiple times where it hit that s/r and reversed
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Rag2RichesFX replied Aug 29, 2012Finally got some decent volume, but so do the bulls, could be a bear trap, still range bound really New daily pivot is 2542, not much different than yesterday
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Rag2RichesFX replied Aug 29, 2012Hey attila, ive decided to use boxes like you to identify ranges better, is this more or less right for the 5m chart?
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Rag2RichesFX replied Aug 29, 2012pending home sales higher than expected, highest since april 2010 initial target is 1.2510
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Rag2RichesFX replied Aug 29, 2012lets hope that was the last one. its going to bear because MaxDoom is selling it

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Rag2RichesFX replied Aug 29, 2012ny shows the way, if there is any way, right now its completely range bound it couldnt get much more than this. seems like they are going to take it down unless out of nowhere huge buyer comes in..
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Rag2RichesFX replied Aug 29, 2012today sooo frustrating, im getting stopped out by half a pip right before big move many times (scalp) barely in the green for day thats the nature of scalping though, some days this will happen
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Rag2RichesFX replied Aug 29, 2012Yup and we will be trapped in the range of boredom once again
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Rag2RichesFX replied Aug 29, 2012i finally gave up on my longs @ 2548 btw (+14), looks like we are going to see the retrace before 2600 after all (unless double bottom at 2530 here)
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Rag2RichesFX replied Aug 29, 2012so boring... repeat of yesterday really, just much less range before the boredom started
EURUSD