Damn — the power of RSI applications.

EURUSD

MT4 — Trailing stop sound on 30 open tickets is a symphony to me.

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ready for it.

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whatever happens I'll react accordingly.

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Since 2 days ago — If you measure that drop angle wise it's about 65* that's pretty steep and that has alot of momentum to it given such a steep drop. There's more analysis based on slopes but It's too much and I'm tired. brb.

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see — that miniscule drop in rsi in the h1 frames caused it to drop a bit further. hence the relative strength is downwards.

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yeah for the moment USD are bulls for the short term but inevitably euro bulls are still going to be dominant, it's been that way for the past 5 years. LOL

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Damn — RSI Analyses state a (DD+) forming after 1 more drop from there a reversal can be expected. Any drop in the H1 RSI14p within this range will have a significant effect no matter how small.

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HEH — You guys know about bear traps? this could be one it's possible, we will see within this hour. That thing just took out my 50 fib from june, has to close under it however for it to be good. Other than that it's a trap.

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YEAAAA — You never know man. those bears can transform into bulls in a heartbeat. mwehehehehhhh. As for me I'm still in bear form. and it just dropped w00t!!! Bear form still active!!!

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hey man I welcome anything the market presents me that I can capitalize on. 1.62XX and those levels have been on my mind. so we shall see.

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New stuff — Current market conditions have formed a foghorn formation in which this implies heavier volatility. We shall see how the market reacts. It might actually reverse and retrace for the time being. Let's see shall we.

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I dont care much about news, the charts are the personification of news.

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Always, look back in the past. Now isn't price testing previous lows? Any breaks from here signal support failure and opens the area down even more. I might be looking at 1.55XX and 1.52XX later, maybe a month or less give or take more. But then ...

EURUSD

Anyways — The drop is beginning, that was a short lived flag. more RSI analyses tells me possibly one more big drop then a possible reversal. I'm waiting for my 20 (DD+) and positive divergence. I leave it for the market to correct me.

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thought so. PM me.

EURUSD

which cardwell are you talking about, what's his first name.

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Analyses — It's possible for it to test these current support levels from the beginning of june, It seems like it can be another break down, RSI analyses tells me that it isn't done yet it's still in bear territory and/or a possible retrace is ...

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steel is a nobody just ignore him

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Gotta use oscillators in a better way. You can use it perfectly in a trending market. I do it all the time with my RSI studies, the fact of the matter is conventional education has taught most everyone that when something is in the oversold area ...

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