- Search Metals Mine
- thelws replied May 4, 2011
I know... Just giving an example. Though, I must say that this can be consittuted as a "mini" breakout. If you know what i mean

EURUSD
- thelws replied May 4, 2011
Well, it could also mean a failed breakout. But more screen time will tell you if it is real or not...
EURUSD
- thelws replied May 4, 2011
@aurele: Look at GU. Move to a 5 min chart. You can see what I mean. This one looks like it will break out. Look at how there are higher lows and a "huge" battle is going on. When it is time to break out, zoom to 1 min chart and watch the poking ...
EURUSD
- thelws replied May 4, 2011
You can definitely distinguish between a fake out and a break out. It is all in price action. It is harder to explain without showing in real time. But the breakout feels something like this: (notice I used the word "feel" because it is often hard ...
EURUSD
- thelws replied May 4, 2011
Hehe yep. I'm expecting price to fluctuate around that area big time. People love round numbers. 1.5 is so round and so symmetrical I get chills thinking about it. Reaching 1.5 is like jizzing in your pants. Better enjoy it coz its highly unlikely ...
EURUSD
- thelws replied May 4, 2011
Lol. This breakout is real fo sur. Let see if it will close this hour above.
EURUSD
- thelws replied May 4, 2011
have a feeling adp numbers will be bad. I don't know. but the price certainly does lol
EURUSD
- thelws replied May 4, 2011
Good to see you are doing well. But you should have closed out silver long time ago
edit: i take that back. Didn't see your 4h chartPrice is everything
- thelws replied May 4, 2011
That's not it. If price wants to go down, there would be more rejection. But as it is, supply keeps getting consumed. The bulls keep poking their head into supply. That is a dangerous sign.
Price is everything
- thelws replied May 4, 2011
clogs, mind sharing your entry method as pertaining to money management. I always see that your entries are entered in 2 or more. Do you split up your lot sizes? or is this a natural consequence of having too large an account?

EURUSD
- thelws replied May 4, 2011
If it happens, price will tell. It is not the time yet. Like clogs say, fundies is needed to push price out of this range. Nobody is willing to take the risk. So trading the range is sitll safe.
EURUSD
- thelws replied May 4, 2011
Heh don't be too hard on yourself. People who rely on signal service will always get the short end of the stick. You can't stay around forever so it is better for them to learn for themselves. Good move bro.
EURUSD
- thelws replied May 4, 2011
lol look at the speed of the decline. Looks like nobody is willing to go all out long yet.
EURUSD