EU again — EU has come back to 1.3180 again. here is still the resistance area.the 365ema, the pin bar .even shorting here is risky , my sl at 1.3190. the main trend is down ,in the short term, 1.3120 is the key point now . just my opinion ...

james16 Chart Thread

is it a wrong stop loss position ?or i should close my position near 1.3000. i do not know .

EURUSD

UADCAD — USDCAD is on the bearish way ,but now this pair meet the S&R zone, the 61.8% fib line area has strong support ,i prefer to choose the bull UCAD, however ,there isn't long trade below 1.0050 ,the main resistance of the bullish way .

james16 Chart Thread

LOL — guys,chinese archaism : not pleased by external gains, not saddened by personnal losses .

EURUSD

thank you very much ,Incrediblle ,my friend .as a student both of forex and life ,thank you for your encouragement and your care. look forward to learning more from all of you here . @abdul halim,thank you .

EURUSD

here is one of the support area.

EURUSD

agreed！

james16 Chart Thread

the euro market didnt react the news YET,why short it?

EURUSD

yes ,i quote Jesses Livermore's words .and i like his book REMINISCENCES OF A SOCK OPERATOR very much . good luck ,my friend .

EURUSD

url

EURUSD

and also because of the pin bar ,and the support trend line on daily chart .now price has broken the down trend line on daily chart ,lets see the daily close price ,and the presistance zone on h1 chart .then we will have another chance .

james16 Chart Thread

yes ,30pips stop can also a weekly setup .

james16 Chart Thread

because i HAVE TO have a good SL zone ,for example 30pips---50pips .i mean ,if the main trend is bearish ,then a 100pips bullish pulling back is rational. but more than 100 pips sl zone is not rational . but if i trade the small trend ,even against ...

james16 Chart Thread

I dont think it is a good position to short it .EVEN the monthly trend is bearish ,but the lower TF, there is the small bullish trend ,when the small trend is opposite with the big trend ,i will not follow the big trend ,or i have to trade the very ...

james16 Chart Thread

good bye ,2011,hello,2012. — image

james16 Chart Thread

in my eyes ,the trend lines are always important ,they are one of the primary indicators .

EURUSD

update

EURUSD

i prefer to trade a pull back .

EURUSD

closed all my orders .1.2950 is the previous low position on daily chart .i choose to see where the daily close price will be ,if we have a daily close price above 1.2950 area ,i think bullish will be on its way .just my opinion.

EURUSD