it has been working like clock work until it doesnt and until it doesnt, i shall do as its been doing

EURUSD

not falling yet its been ranging for several days now. it would actually be a good place to begin buying. low of the range or wait price to move lower to buy

EURUSD

i dont think anyone is afraid of the guy. i for one respect his skill. and i try to learn from everyone if it suits me and i try to teach everyone that is willing to listen

EURUSD

cloggie is a great trader. i personally dont like the guy he gets on my nerves but his skills are evident. the market is a life beast, no trader can no with certainty what it will do next, its just adapt and adapt quickly. i am learning to trouble ...

EURUSD

might have spoken to soon. i suppose rescue operation underway. the market decided not to hold

EURUSD

ok i see, thanks for the explanations. yeah i have been taking advantage of the range for several days now high 1.4900 average 1.48300 and low 1.47600. yeah at the bottom of the range the double bottom formed and price acted exactly like it has been ...

EURUSD

i have never heard of this, in a ranging market it is of course essential to understand the extremes highs and lows sell/buy zones. i understand that to every extreme point there must be an average/ a mean. or point of equilibrium. i thought this is ...

EURUSD

5/3/11 1719 open position 5 lots at price of 1.48274 the rationale for opening is that market found support at 1.48200 level of the high of 1.48895 and its been consolidating for the past 6 hrs i belief is that if the market was to have a strong ...

EURUSD

i find your theory about the glue very interesting. i do see that 1.48200 is a point of gravity per say, the mean, where price reverts to, to find equilibrium. is that what you mean?

EURUSD

make a journal and ask ppl to critize you it is important to note your rationale for entering and exiting

reviewing trades?

Would you care to show me, may be there is a skill you posses that i am missing thanks in advance

Technical Analysis Fallacy

i am still experimenting with rescues, however i find that rescues when trading counter trend become very challenging. i think if we are trying to reduce risk and trade more defensively when positions become dead in the water there is a tremendous ...

Technical Analysis Fallacy

whatever formation it is i ask my self would i be shorting it? im thinking probably no, there is more risk of moving up than down. so im long

EURUSD

looks like a double bottom, and we are at support so lets see what happens

EURUSD

Closed short open long position there is a 31 pip rejection of the lowest price of 1.47531 seems that market will permit further appreciation of eur/usd, the corrective wave is rejected for the time being and will ride the upward impulse wave if ...

EURUSD

whats going on now is either corrective wave is underway in which selling pressure will drive the euro lower, or this is low in the range in which the market will bounce back to the 1.4900s as its been doing. however this time selling pressure seems ...

EURUSD

closed all long positions priced moved down into the 1.47500's below the perseived support if price holds a correction is indeed underway 1 lot open sell order will average down accordingly

EURUSD

A 16 pip rejection of 1.47704 is seen so far but the question is if the market will continue to move up at this point or correct lower, GBP, AUD are correctin while CAD, CHF appear to be consolidating, JPY gives no clear signals and the EURO is the ...

EURUSD

5/3/11 opened long position to average 5 lots in lower end of the range exactly at support, risk of breakthrough and correction is there however, appears a good strategic point for a long according to existing ranging market condition.

EURUSD

2304 closed all .long position due to a 21 pip drop, in 10 minutes, i dont know exactly whats going on with the market but there is the risk of losing money on a profitable position, i will protect profit and await re entry when the market shows its ...

EURUSD