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stewrigh replied Jul 5, 2009Yep I agree - but I'm always a bit wary of this pair - could go either way altho I think the longer term trend(up) will prevail. It seems to have stopped dead at 157-ish (PPZ) so I think it'll go up from here.
No Brainer Trades
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stewrigh replied Jul 5, 2009Hi Patience. Why short I'm long and looking at the h4 - I may even add to it. Longer term the trend is up. image
EURUSD
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stewrigh replied Jul 5, 2009Anyone looking at Geppy. H4 looks good for a long - appreciate your thoughts. image
No Brainer Trades
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stewrigh replied Jul 5, 2009If you look at the H4 I would be more inclined to go long on this. Price is right on the 200 MA and this is a significant s/r level. Also 157 - 00 no Long term trend is up, altho I hate buying sterling given the current mess we're in LOL. image
james16 Chart Thread
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stewrigh replied Jul 4, 2009Chris, I have this sneaking suspicion that you are gonna do ok.
james16 Chart Thread
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stewrigh replied Jul 3, 2009Thats exactly the problem I have - to me the chart shown is ranging - there is no trend and the only way to trade it is by picking the top and bottom of the range. By the time a trend has established it reverses.
james16 Chart Thread
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stewrigh replied Jul 3, 2009Bob, I really really hope this isn't a HS(hindsight) trading method.
james16 Chart Thread
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stewrigh replied Jul 2, 2009Please tell me if I'm out of order here but I'm not sure I get it after 2 reads of this stuff. To me the chart you posted showed range-bound PA - there is no real trend and I would need to see the H4 to determine the major trend. To me this is very ...
james16 Chart Thread
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stewrigh replied Jul 1, 2009Fibs look interesting too. Makes you wonder how we ever decide whether to go long or short. Lunch sounds good
- but isn't lunch for wimps
image No Brainer Trades
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stewrigh replied Jul 1, 2009Very - the trend is up!! at least till1.6 anyway. image
No Brainer Trades
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stewrigh replied Jun 28, 2009[quote=jicjoc;2834892]What does that mean? I've heard it lots of times and I cant figure out a meaning for it. Care to enlighten me?
My interpretation is that the market doesn't care if the Swiss bank or any other bank wants to de-value their ...Silent Service Method
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stewrigh replied Jun 28, 2009Yeah I know but I also remember when Soros bet against the BOE and won - lol. In the end the market always wins.
Silent Service Method
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stewrigh replied Jun 28, 2009Don't worry - I think everyone struggles wit5h this - I know I do. Problem I have is that PF is at historical lows - so it must turn soon surely. Or not?? The trend tho is down on all the major timeframes, so I think this is just a re-trace.
Silent Service Method
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stewrigh replied Jun 28, 2009GBPCHF — Not sure if this is a no brainer but it looks interesting image
No Brainer Trades
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stewrigh replied Jun 28, 2009Anyone looking at GBPCHF. Its right on the 50 fib and a ppz with I3B. the 200ema is also close image
Silent Service Method
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stewrigh replied Jun 28, 2009I'm actually neither bullish nor bearish ATM, but I do think that both the mt and lt trend is up. Looking at the h2 chart I could be tempted to go short - but my preference is to wait till price hits 1.42/3. If price were to drop to 1.38 - I would ...
Jacko's Forex House of Pleasure and Pain
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stewrigh replied Jun 28, 2009The recent posts about the trend exactly highlight the current dilemma with EU. I am also struggling with what the trend is..... Any Tf over h4 and its up You could argue(and I would) that the h4 is range bound between 1.38 and 1.41/3. I find it ...
Jacko's Forex House of Pleasure and Pain