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Rag2RichesFX replied Aug 15, 2012Very well said. The instant you get arrogant, the market takes your money. I think we are all teachers and students.
EURUSD
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Rag2RichesFX replied Aug 15, 2012+9 could easily go back to 95/00 before going down for first test of the bull channel around 2250/60
EURUSD
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Rag2RichesFX replied Aug 15, 2012there we go... some action.. looks like stops taken out below 2317 at 2304 now i made this speculative chart yesterday , its all going to plan so far (lol not plan, just a guess)
EURUSD
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Rag2RichesFX replied Aug 15, 2012Currently all my TFs are neutral right now (besides weekly and monthly). This almost never happens.. Probably because of the 24 hours straight with a 25 pip range. I have not taken any trades today and I think I am going to call it a day

EURUSD
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Rag2RichesFX replied Aug 14, 2012At least a 60 pip bounce off of 104.40 if we got an 80 pip bounce off 104.95. It will retest 104.95 maybe even 105.30
AUD/USD
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Rag2RichesFX replied Aug 14, 2012Yes I don't think I would be successful without this strategy, as when I cut the full winner, it keeps running, and when I don't, I lose the profit I already had (it reverses). It's almost inevitable. Plus it was 2/3 of the way to my target (150 ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 14, 2012I expected more waterfall through 1.0495. 104.40/50 area should be the next bounce (104.35 lows) or attempt at trend continuation I took 1/2 profit just now as well @ 104.87 (+102 pips)
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 14, 2012H1 now bearish again, enough with the ping pong. H4 neutral Daily-Monthly bearish of course.. Below 2317 exposes 2260/40 again
EURUSD
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Rag2RichesFX replied Aug 14, 2012Another 30m close above 49.. Hopefully the hourly closes below Watch the 2340 demand Edit: 2343 was the opening of the 4hr candle before the last one.
EURUSD
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Rag2RichesFX replied Aug 14, 2012Need a close below 2349 as attila so astutely pointed out yesterday. last 15m bounced right before close and we didn't get it
EURUSD
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Rag2RichesFX replied Aug 14, 2012Agreed 2315/30 is an important area for bulls otherwise its 2240/60 again Thanks for the chart.
EURUSD
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Rag2RichesFX replied Aug 14, 2012Peak happened to be R1 confluent with falling trendline Of course just bounced off of 2349 confluent with 15m BB bottom Speculation so far has played out perfectly, now we just need a big down move to test the rising channel confluent with 2240/60 ...
EURUSD
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Rag2RichesFX replied Aug 14, 2012Agree with this
I will let PA lead the way, dont know if I am bear or bull yet. Seems kind of late to be trying to go long now though.EURUSD
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Rag2RichesFX replied Aug 13, 2012Indeed this is correct. I expect AUD to keep falling. Target is 104.50. Took some off at 105.10. EURAUD has a good chance at going for 1.1850/1.1930. But I don't expect it to happen from EUR rising more than AUD, I expect AUD to fall more than EUR ...
EurAnalysis
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Rag2RichesFX replied Aug 13, 2012My speculation for near term. I'm very, very neutral right now. Bearish bias from daily, weekly monthly. Bullish on 1hr, neutral on 4HR. No long term trades for me (300+ pip targets), will just play the range. Currently 100% flat except for one ...
EurAnalysis
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Rag2RichesFX replied Aug 13, 2012Asia loves dumping dollars so when it technically sets up for them to do so as well, Asia actually isn't that boring. Otherwise its quite boring. Here's my speculative guess for the near term (chart)
EURUSD