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almo replied Aug 21, 2012Anything is possible. Better to pare back future trades until the trend presents itself again.
EURUSD
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almo replied Aug 21, 2012I'm pretty fearful at this point. Despite this nice run up, this also lends the larger charts returning to the existing downtrend line extending from the all time high. Good evidence of some form of a reversal in the works. London will likely answer ...
EURUSD
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almo replied Aug 21, 2012Out of my longs — nice trading day today. May short Geppy, but it will be for an ultra small amount if I do.
EURUSD
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almo replied Aug 21, 2012ugh....I used to think like this as well. Fact is - if your unable to see the trend, its likely because your not looking at the higher time frames. Daily chart signaled the up trend since july 19th low. Weekly chart also has a pretty clear trend ...
EURUSD
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almo replied Aug 21, 2012Be careful Vachus.....while it might prove to be a good quick scalp, you may be in the trade for quite some time. And right now, there is nothing to on my charts to suggest that there is any reason to stop going higher.
EURUSD
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almo replied Aug 21, 2012Chicky...one question. Are you limiting yourself to only EURUSD for this exercise? Nice win, btw

Amazing Black Magic Trading Method
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almo replied Aug 21, 2012Cat, How do you insert a youtube? I've been trying , but it keeps posting the URL rather than the video
EURUSD
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almo replied Aug 21, 2012Your going to need a bigger SL[URL="http://www.youtube.com/watch?v=8gciFoEbOA8"]
EURUSD
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almo replied Aug 21, 2012Aye...I hear what your saying. I often find myself with that same dilemma - moving the SL to BE? Or allow the TS to work? Unfortunately, there is no real clear answer to this for me - if I do 10 trades in a row doing BE, I may only win on one of ...
EURUSD
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almo replied Aug 21, 2012SunTrader — If/when you get this - can you post your current wave count?
EURUSD
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almo replied Aug 21, 2012http://www.forexfactory.com/showthread.php?p=5938090#post5938090 Looks like Attila's chart is spot on thus far. Will be time to short soon if I am reading this right
EURUSD
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almo replied Aug 21, 2012You might be right, but your going to need a bigger stop loss (pun intended
)EURUSD
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almo replied Aug 21, 2012Mohan... IMO, you better wait until we cross 1.24. This is starting to smell like we have a big move in the works. Edit *** scratch what I said...I forget your an intraday trader. You might get some downtrend before 1.24 comes***
EURUSD