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- Pegasus54 replied Sep 19, 2012
Yep,,heard of them....they are old as a dinosaur pee stain between your two front teeth. And yes, they can be powerful with divergence. If it works, keep doing it. When it doesnt work anymore due to market conditions, toss it.
EURUSD
- Pegasus54 replied Sep 19, 2012
They make sense to me. Seems like maybe he trades within moving average channels coupled with divergence.
EURUSD
- Pegasus54 replied Sep 19, 2012
One thing for sure, she will either test the lower or the upper TL before its over. (or NOT hahaha)..Its great having different views. It helps me to keep an open mind and perhaps look at something a little differently.

EURUSD
- Pegasus54 replied Sep 19, 2012
Monthly tested the gann......weekly tested the 78.6 and contained bearish hidden divergence. Technically speaking, its likely the weekly gann or even the monthly lower TL may be tested before the upper monthly TL. Now...with that being said, a ...
EURUSD
- Pegasus54 replied Oct 20, 2011
I closed the trade also. 2nd 15 minute candle which held support at 81. Will wait until after US data for another trade.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
WOW. somebody woke up onthe wrong side of the bed. It was a simple question.
EURUSD
- Pegasus54 replied Oct 20, 2011
We also have some support at the current level coupled with the 5 minute trendline. Need to get thru that.Other wise, it will just be considered a dip.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
scaled out and moved sl at + 30. I am seeing some bullish divergence building on the 5 minute right at the trendline mentioned earlier.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
I am thinking the lower 1 hour trendline posted earlier. Of course, the US news can screw that all up.lol. Scaling out and moving sl is definitely necessary.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
I am also short at 3815.I will probably scale out and move sl around that 5 minute trendline posted earlier.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
Right, we can trade long and short within that 4 hr bull flag range.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
The 1 hour closed below the 78.6 with a pin bar (short signal) but now price has to get below this 5 minute trendline to gain a little more headway.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
That may be a good idea Blobik. The hourly has a good possibility of testing the lower trendline again which would still keep price inside the 4 hour
EurAnalysis
- Pegasus54 replied Oct 20, 2011
Looks like a bull flag in the 4 hour chart so longer term could be bullish with some dips here and there before it plays out.
EurAnalysis
- Pegasus54 replied Oct 20, 2011
Good morning traders
If price closes below the 1 hr 78.6, then there is a good chance of testing the lower trendline.I see some bearish hidden divergence on the 30 minute to possibly help support that.EurAnalysis
- Pegasus54 replied Oct 19, 2011
Well, tad bit of an annoying day today but I survived. Made a few pips to the downside until the US data came out and blew my break even stop out of the water. Then I decided to fix this god forsaken ...jet taking off noise one of my computers has ...
EurAnalysis
- Pegasus54 replied Oct 19, 2011
I see news took my break even stop out. Made a few pips tho.
EurAnalysis
- Pegasus54 replied Oct 19, 2011
The power of the 1 hour trendline. It must give in order to get lower.
EurAnalysis