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- gio123 replied Feb 20, 2019
Trend is in the eyes of the beholder and depends on what time frame you trade and what chart you are looking at but I dont see any real signs of reversal on the euro while it is trading below 11380 and has already made lower monthly highs and lows ...
- gio123 replied Feb 16, 2019
Something I posted elsewhere on the 4th of January where i pointed out that a failure below 115 would see continue selling towards the 2017 lows of 11220 and since that post price has revisited that 115 with a 11570 high on the 11thJan and failed ...
- gio123 replied Jan 30, 2019
it seems that way to many traders in here trade without stops or they trade with mental stops that tend to lead to huge drawdowns...not a very good way to trade... a good trading plan must include a risk management plan that will save you blowing ...
- gio123 replied Jan 25, 2019
well it has been 10 days since I posted this on the 15 Jan#73316 and price was at 11410 since then price has gone to hit the FE161.8 @ 11296 with with a new low at yesterdays daily/weekly/ monthly low @11289 after taking out the Jan 3 low of 11306 ...
- gio123 replied Jan 25, 2019
well that was an interesting countrend intraday end of week trade off a weekly/monthly low with 11393 at a AB=CD tgt and 11420 at a abcd FE127.2 url
- gio123 replied Jan 25, 2019
insinuation or not...you called for another 10 to 15 pips for it to be a trend change...not so sure if you understand what trend is...doesnt a previous swing high or low need to be broken first otherwise price is only trading within the previous ...
- gio123 replied Jan 25, 2019
you called it a trend change...if it cant take out the previous swing high...how can you call it a trend change when it made a lower low on the daily?
- gio123 replied Jan 25, 2019
maybe it needs to close above yesterdays high of 11391 first b4 you consider a so call trend change url
- gio123 replied Jan 25, 2019
Hi Techanalyst you say that my charts are full of indicators and drawings and cant see a clear chart. the 60min chart is a working chart showing weekly highs and weekly lows which I believe to be important in my style of trading which is swing ...
- gio123 replied Jan 24, 2019
I agree with you that a break of the 2018 low of 11220 will open up the door for bears to test price much lower on the weekly chart url
- gio123 replied Jan 24, 2019
euro price action on a 60 min chart from month open...nothing bullish in this price action url price action failures below current week high at 11393 are a sell to retest the lows to 11270 then 11220 then 11190 url on the daily chart
- gio123 replied Jan 24, 2019
i see so many scalpers in here getting burnt in here who dont understand the basic of selling high and buying low and that the markets always have a daily retracement in a downtrend and if they paid attention to the trend and traded with the trend ...
- gio123 replied Jan 24, 2019
4 hr...8 hr still the same thing url 11306 current month low double bottom today with 11270 dec low next sup level
- gio123 replied Jan 24, 2019
11270 next sup
- gio123 replied Jan 18, 2019
I see way to many traders in here with MENTAL SL and way to many traders in here who dont want to take a loss...A stop loss is a cost of business...a part of a trading plan...a part of a plan or money management plan that would and should save you ...
- gio123 replied Jan 18, 2019
11355 a certanity with 11340 then 11320 url
- gio123 replied Jan 18, 2019
Then again i suppose trendlines are subjective from where you draw them? url
- gio123 replied Jan 18, 2019
so much for that experiment...what was that you saw at 114 buy?
- gio123 replied Jan 18, 2019
agree pretty much...failure at current week 38.2 @ 11415 would be a sell to retest the low and below with a lower weekly high and a possible expansion of the current weekly range below the current week low of 11370 with support @ 11380 url
- gio123 replied Jan 15, 2019
totally agree that news and all the verbal garbage that you hear is just to confuse newbies...price action on the chart tells it all and i am a true believer that previous monthly/weekly highs and lows are always respected as either sup or res and ...