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- pipsane replied Nov 28, 2013
Happy Thanksgiving = not much going on on FX market. Still bullish above 1.3560 and 1.3490. Breaking 1.3560 to the downside will start make me think about shorts again. Market indecision = wait for visible adventage - and I don't see it on EURUSD ...
- pipsane replied Nov 28, 2013
Happy Thanksgiving! EURUSD is still fighting to go higher, but seems it’s loosing steam. For a short term trade look @ 1.3560 level. Take long in 1.3555-60 zone, and if it fails take short on retracement back to it. If price will not come back to ...
- pipsane replied Nov 28, 2013
EURUSD is still fighting to go higher, but seems it’s loosing steam. For a short term trade look @ 1.3560 level. Take long in 1.3555-60 zone, and if it fails take short on retracement back to it. If price will not come back to 1.3560 trying to take ...
- pipsane replied Nov 28, 2013
EURUSD is still fighting to go higher, but seems it’s loosing steam. For a short term trade look @ 1.3560 level. Take long in 1.3555-60 zone, and if it fails take short on retracement back to it. If price will not come back to 1.3560 trying to take ...
- pipsane replied Nov 27, 2013
Relax tension with nice view
- pipsane replied Nov 27, 2013
True that you may get another chance to enter, especially if you have more loose SL. When it comes to precise entry (BO - retracement - entry) with tighter SL I consider it perfect entry - like from the book
- pipsane replied Nov 27, 2013
Let's see what happens at 1.3700... Thx
- pipsane replied Nov 27, 2013
Long entry on EURUSD in play right now
- pipsane replied Nov 27, 2013
Long entry on EURUSD in play right now
- pipsane replied Nov 27, 2013
nice entry on EURUSD right now towards 1.3700
- pipsane replied Nov 27, 2013
Nice entry on EURUSD long right now...
- pipsane replied Nov 26, 2013
EURUSD didn't have power to go up in the morning, but doesn't want to go down either. That is another reminder to play reaction, not anticipation - psychologicaly easier It wouldn't be wierd to see consolidation 1.3490-1.3570
- pipsane replied Nov 26, 2013
Got ya. Interesting i will observe just out of curiosity for myself if that kind of RR would yield me a better profit. Good luck
- pipsane replied Nov 26, 2013
Confirmation to me is for example: EURUSD goes up. Reaches 1.3700 and consolidates between 1.3650 -1.3700. Wait for break out of 1.3700 to the upside (not fake out - which is quick move up and come back down - called sometimes SL cleanup). Once ...
- pipsane replied Nov 26, 2013
not sure if i understand you good. Let me explain again: if we break 1.3580 up (and i'm long now) when price reaches 1.3650-1.3700 and builds short term consolidation I'll take 1/2 off (TP) rest of position on BE allready. If price breaks above ...
- pipsane replied Nov 26, 2013
sure, I know where you coming from. continuation HnS are powerfull patterns. Names really don't matter as the most important (to me) is proper recognition of market participants behavior, anticipations and forces. Like right now we are loosing steam ...
- pipsane replied Nov 26, 2013
I usually try to not project. Look for strong support/resistance levels, recent highs (while long), 1:1. all depends on market sentiment. S/R is what I look the most at. In this situation, if EURUSD goes up I'll watch price at 1.3650-1.3700, maybe ...
- pipsane replied Nov 26, 2013
Actually not anymore. I'm sharing free stuff and those analysis are always gonna be free. Sorry some updates on the website are still coming. My analysis are helping me to stay disciplined and I don't mind sharing them and hear any opinion.
- pipsane replied Nov 26, 2013
Theoreticaly it's not because price came to it from below. As most TA books describe HnS - they appear on the bottom (inverse) or top (regular HnS). Though it definatelly looks like one and behaves like one as well. I wouldn't worry about the names, ...
- pipsane replied Nov 26, 2013
EURUSD moved quick so that part of my post was a bit late. It's still valid though. I'm not selling anything just sharing my opinion and view of the market, maybe there is somebody that can learn from it as understanding of the market is the way to ...