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- 432 Results (431 Replies, 1 Comments)
- clambill replied Jun 18, 2010
I'm going to try posting a chart here to show a Fib fan, trendline and resistance levels (that were actually close to a bunch of Fib levels). image url EDIT: Dammit! Where are the instructions to post charts?
EURUSD
- clambill replied Jun 18, 2010
I learned 100 times more in 18 months with frequent active trading then I did when I only traded once or twice per year for years. So, after trying out various methods for over 18 months and seeing the strength and weaknesses of those methods and ...
EURUSD
- clambill replied Jun 18, 2010
I looked at the economic calendars on this site and nasdaq dot com and it looks like there's only going to be some significant news on Tuesday. So, Sunday and Monday may be a wee bit boring unless I'm wrong. The last day was cool enough for me ...
EURUSD
- clambill replied Jun 18, 2010
Alan Farley (author: The Master Swing Trader) and David Nassar (a number of books and videos) say you should look for "areas of confluence" like various fib levels that correspond to the same price levels etc. So, you could very well have a ...
EURUSD
- clambill replied Jun 18, 2010
My FXOpen account shows low volume. Of course I have a market maker account so I have no idea what value you can see in the volume levels.
EURUSD
- clambill replied Jun 18, 2010
COMMON? You mean as in the 1940's when everyone went to church?
EURUSD
- clambill replied Jun 17, 2010
I'm not sure what you were asking but maybe you meant a signal failure. It's hard to call it a signal failure right now though because we haven't seen an explosive move. Given the context of the situation though, you could say there is a strong ...
EURUSD
- clambill replied Jun 17, 2010
Yeah, gawlie gee, what's going to happen? It's odd that I had only break even trades from trying to go short this week because these moves are kind of obvious in a way. They have a bullish bias.
EURUSD
- clambill replied Jun 17, 2010
Man, these ranges are incredible. I have time to play video games during these times.
EURUSD
- clambill replied Jun 17, 2010
Maybe if you made trendlines on a 4hr chart, you'd get yourself out of trades quicker. Even though I have 4 break even trades this week, I had trendlines on a 30 minute chart to stop myself out. And yes, they were all short positions that got ...
EURUSD
- clambill replied Jun 17, 2010
lol, is 2307 a 50% retracement level? EDIT: Whoops, the chart just popped up.
EURUSD
- clambill replied Jun 17, 2010
I have a trendline, resistance level and fib fan all around 1.2505 right now. It would be interesting to see the price reach that level.
EURUSD
- clambill replied Jun 17, 2010
Well, people will accuse me of smoking crack for saying this but I'm thinking 2450 even though I'd rather go short. I'm still waiting to go to bed so I have no position right now anyway...
EURUSD
- clambill replied Jun 17, 2010
I find that the more gradual moving pairs are EUR/USD, AUD/USD and GBP/USD. If you choose other pairs, the spreads will be wider and the stops required will also likely be higher as well.
EURUSD
- clambill replied Jun 17, 2010
The only scary thing I can think of right now for shorts is on the monthly candlestick chart. It looks like it's forming a long shadow but it's not the end of the month yet so the candlestick is not completed. But, a long shadow or doji would ...
EURUSD
- clambill replied Jun 16, 2010
I heard someone on Bloomberg say once that the politicians in Europe were stupid. They imposed a 5% interest on the loans to Greece instead of giving them a concessionary rate of 1.5%. They imposed 30 billion in budget cuts they know would worsen ...
EURUSD
- clambill replied Jun 16, 2010
You mean parameters? I find contrarian indicators are too fast and give you too many false signals.
EURUSD