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mitrapips replied May 4, 2015Looking to short near 1.118x. Hopefully, this will retest the 200 ema failure before moving further down.
EURUSD
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mitrapips replied May 3, 2015My edge involves 1 and 2. This is all I use. 1) Countertrend, candlestick and bollinger bands 2) If price is not moving in the expected direction it is going to go the other way more vigorously. (although disarmingly simple you will know how ...
More Advanced ideas
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mitrapips replied May 1, 2015Now thats what I call strength. It is finding it difficult to even touch the M15 200 ma.
EURUSD
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mitrapips replied May 1, 2015Yes, H4 needs a breather. However, as with all things Forex it may blow all stops and reach toward 1.145x in a very short timeframe. There you go, ambiguity is the name of the game. The more important question is how you want to trade this. I might ...
EURUSD
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mitrapips replied May 1, 2015This has to go down majorly before it can go up. H4 looks unsustainable.
EURUSD
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mitrapips replied Apr 30, 2015Calm down! I was being sarcastic, that's all. Did not want to hurt your sentiment. I agree 100% with what you said about pips. One sure pip is better than 100 unsure ones. ETA: And I was not even referring to pip counting with multiple lots. That is ...
EURUSD
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mitrapips replied Apr 30, 2015How about I show you the pips in my demo account? If that does not convince you I am a great trader nothing will!
EURUSD
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mitrapips replied Apr 30, 2015Very possible. I try not to make predictions because then I start seeing patterns when there is none. Several account blowouts over several years have taught me to keep it simple. For now I think the game should be pretty simple to anyone who wishes ...
EURUSD
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mitrapips replied Apr 30, 2015Just waiting to get in cheaper. This IS the start of a trend and there should not be any targets now.
EURUSD
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mitrapips replied Apr 30, 2015The average positioning of shorts are steadily rising but there are still some many folks who are holding. This won't stop until the shorts are washed out.
EURUSD
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mitrapips replied Apr 30, 2015Watch out, it has a tendency to clear such selling pressure with a long green candle. The strength I see is amazing. Currently out and watching. Will buy if it clears resistance with strength.
EURUSD
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mitrapips replied Apr 30, 2015I don't think the market ever expected that anyways. The EURO has fallen for a reason, right. Which part has been priced in and which part is yet to be is hard for me to tell. Thanks for the compliment. I am a long timer here but have restarted ...
EURUSD
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mitrapips replied Apr 30, 2015Doesn't matter for trading medium-short term. That is something we should never forget. It amazes me when I hear fundamental arguments from people trading on 5 min time scales. But yes some of those measures will help. And I think, Grexit will take ...
EURUSD