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Rag2RichesFX replied Aug 8, 2012Idk, maybe it won't break. This is bad time to be trading E/U (apart from scalping, for me anyway) Shorter TFs say up, hourly is confused, 4hr is barely hanging on for bulls It could triple top at 2440 but I think bears want it soon. Taking 10 hours ...
EURUSD
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Rag2RichesFX replied Aug 8, 2012Yes there certainly is! These are some of the lowest risk trades, there most definitely is an overbought and oversold. This is one of the main indicators contratrend traders look for. Structure supply/demand is needed as well but when they both ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 8, 2012Exactly why I play EURAUD, its much more predictable whether or not USD is going up or down.
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 8, 2012May have woke papa bear at 106.02 (watching tick chart) Not shorting this pair, short EURAUD from 1.17. 1.1650 target for half 1.1600 for other half
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 8, 201277 bouncing as support a few times but above here (90) where does E/U have to go? Not far. Brick walls everywhere. Edit: 2395/2402/2409 could prove to be very tough
EURUSD
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Rag2RichesFX replied Aug 8, 2012whats shooting star? I call them morning and evening stars same thing?
EURUSD
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Rag2RichesFX replied Aug 8, 2012Hit 1hr bollinger band to the pip of course in confluence with 2390
EURUSD
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Rag2RichesFX replied Aug 8, 2012Aussie is being truly ridiculous right now. No reason for buying this thing yet people still are. Where is the 104.40 test??? This pair is just too strong, everytime I try and short it, E/U ends up being the better short. When will EURAUD ever take ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 8, 2012Amount of time it has taken us to go up from 45 to 75 Size of candlesticks At the same time there has been no sell volume except for 10 pips at 75, sellers probably waiting for 2377 and 2390 There is 1hr BB at 2385 as well
EURUSD
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Rag2RichesFX replied Aug 8, 2012This bull volume is terrible.. hard to see it breaking through 90
EURUSD
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Rag2RichesFX replied Aug 8, 201265/daily pivot is being tough setting s/l @ BE and looking to short Aussie instead
EURUSD
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Rag2RichesFX replied Aug 8, 2012Good comments Mike, especially the nothing is black and white part
EURUSD
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Rag2RichesFX replied Aug 8, 2012added a short @ 72 reason -testing 75 and 30m bollinger top (to the pip i might add) need to watch 66 daily pivot and support level from London
EURUSD
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Rag2RichesFX replied Aug 8, 20122367 daily pivot has been broken Going to take out the stops above 77, then fail at 85/95
If not then I'm closing my last bit of short from 2435EURUSD