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forexalien replied Nov 18, 2012Thank You ! Glad to be here. I hope I can express some wisdom and be of some help to your thread......
Aussie Trading Room and Cartoons Gallery
- forexalien replied Nov 18, 2012
In time you will learn to do all kinds of trading, If a scalp trade sets up, I take it. if a swing trade sets up, I take it. If a reversal sets up, I take it. If a long term day chart, top or bottom shows up, I will take it , but I am still learning ...
Jay helping out newbies
- forexalien replied Nov 18, 2012
eurusd - month chart has made it off the bottom with no commitment to a direction, the weekly has already topped out and is unsure of it's direction which will be in a tight range of 1.32 and 1.26 , the daily has come off it's bottom, but the 4h is ...
EurAnalysis
- forexalien replied Nov 18, 2012
The audusd - the month chart is creating a flag during the last 2 years and price action is slowly falling away from the flag top, the weekly is retracing back up and also losing strength (chop), the daily just came off it's high and is on it's way ...
Aussie Trading Room and Cartoons Gallery
- forexalien replied Nov 18, 2012
It all depends what time frame you are going to trade in......the month chart is long with a possible pull back to test the near bottom, the weekly is at a point in time that it could go either direction, the daily has gone long but the 4h shows a ...
EURUSD
- forexalien replied Nov 17, 2012
I beg to differ, with your comment that there is nothing that will predict a choppy market. I trade with 5 time frames in front of me. 1m 5m 15m 1h 4h, when the trend is down on the 4h, up on the 1h, down on the 15m up on the 5m and down on the 1m ...
What is your best chop indicator to keep you out of choppy markets?
- forexalien replied Nov 17, 2012
The United States is going 2 million dollars in debt every minute. Buy eur dips..........the eur will range for now 1.27 - 1.31, the daily just turned north.....the weekly says we might retest 1.23 area
EURUSD
- forexalien replied Nov 17, 2012
Ranging equals Chop. Wait for a true breakout or if you have a trending indicator, it will tell you that you are leaving the chop. As the others have said, " Use Your Eyes" One last clue...I trade with 5 time frames in front of me for each pair. 1m ...
What is your best chop indicator to keep you out of choppy markets?
- forexalien commented Nov 17, 2012
Trading is an art. You have to make the system yours. You must learn your system from the inside and out, and stick with it. Don't bounce from system to system. You can tweak your system to meet your needs. Your system should identify near tops and ...
Your Belief System is Your Trading System
- forexalien replied Nov 16, 2012
Always trade in the direction of the daily chart, never give up, and "The More You Learn, The More You Earn". And it helps to have a system that will show tops and bottoms, momentum trading you need to learn and the pro's only trade 7 minutes an ...
Trading To Make An Income
- forexalien commented Nov 16, 2012
The US National debt is growing at a light speed rate of 2 million dollars a minute. Short the dollar...
Prison of Debt Paralyzes West
- forexalien commented Nov 16, 2012
My top to bottom system grabbed 15 pips from the drop. Can't wait for next week....to....keep....trading.... happy flights to everyone
USDJPY wiping today's gains; -0.025% at 81.20
- forexalien commented Nov 13, 2012
You will love the gbpaud and the euraud then. Their daily charts are nearing their bottoms and will produce 150 - 250 pips runs up to their 23.6 and 38.2 fib levels. The Aud is near a daily high along with the Pound and Eur nearing their daily lows. ...
Here’s where key technicals can get in the way…
- forexalien commented Nov 13, 2012
Congress and Government in general are like deer standing in headlights. The brain forgives and forgets very fast, it only can stay on task for short periods of time and only a couple of items at a time. Short the dollar in years to come.......
What's Driving The Market And Where Do We Go From Here?