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vox dei replied Apr 14, 2011Could be, or not. A higher high in an immediate uptrend usually signals strength, not weakness. On such a market you'll be better off by simply buying dips on pullbacks. My 2 cents.
EURUSD
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vox dei replied Apr 12, 2011There it is. Regular divergence: image Now, am I trading it? Hell no! It is countertrend. And yes Suntrader, I agree with you OB/OS levels are basically worthless most of the time. Real market is rarely rangebound the way an oscillator would ...
EURUSD
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vox dei replied Apr 12, 2011Yes, there's classic div formed around yesterday's high. My 2 cents: just ignore it. It's countertrend, plus the move is basically near exhaustion by now. Stick with the trend. Plenty more room to the upside. I'm adding to my position around 14443 ...
EURUSD
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vox dei replied Apr 12, 2011a nice setup from last week — the 1st time I post a chart btw. Let's see how it goes: image
EUR/GBP - What a great pair to trade!
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vox dei replied Apr 12, 2011Hey Cloggie, I have a question for you as I've become more and more interested in correlations and fundies as of lately. Which equities do you usually keep an eye on? Thanks for your time.
EURUSD
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vox dei replied Apr 9, 2011Right. However, we are not there yet imo. According to oanda, the majority is short. While most try to guess the top, the uptrend will persist. We may well see a pullback this week, but a trend reversal I find unlikely.
EURUSD
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vox dei replied Mar 20, 2011right you are gator. nobody really knows where the price is going. i simply meant that following the main trend (in case there's one ofc) provides better value in the long run. btw, eurusd does look toppy atm
EURUSD
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vox dei replied Feb 22, 2011eurusd is currently moving inside a 216 pips wide ascending channel. last week suggested more upside. daily suggests more upside (current cap ~1.3757 = good short opp.)
EURUSD