Please explain the chart.

EURUSD

Shouldn't the end of wave 3 be around 1.3971? 1.618 * impluse wave 1.

EURUSD

I generally ignore (or take them as just another indicator) their recommendations. If their charts look 'sensible' I'll take a closer look.

EURUSD

Well at least these levels are performing a function.

EURUSD

You're trading the pitchfork.

EURUSD

I hear but my Market Profiles are shouting ... quick sustained drop ...

EURUSD

Yes. I noticed the swapping around. But at the end of the day you can look at the charts and spot if their analysis is correct or not.

EURUSD

I'm also surprised by the lack of conviction.

EURUSD

[quote=Bull_Bear;2725129] Thanks

EURUSD

Stop loss?

EURUSD

What time-frames do you use for analysis? Closed my FT100 short 45 mins ago. I'm just waiting for a long signal.

EURUSD

Yep, we'll see soon enough for sure but it's always good to know what traders think before the event.

EURUSD

It great to see other traders charts. Anymore?

EURUSD

And surely the trend direction depends on what time-frame you are trading. The 15 min chart - for example - confirmed a trend reversal at 1.3621 (valid until 1.3641 is broken) if you believe in peak and trough analysis.

EURUSD

Agreed but the market structure really isn't bullish below 1.36351...well not in the view of Market Profile.

EURUSD

Good trading. I have another 6 hours left!

EURUSD

I guess we all make similar mistakes from time to time. The human mind is a weird thing.

EURUSD

We did...I expected it to move down with a little more conviction than it is displaying but we'll see.

EURUSD

30 pips is better than no pips.

EURUSD

LarsSeg... Fishy, is that you?

EURUSD