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Agent-Pipen replied Aug 13, 2010It tried to break the 42 MA, three times and failed. This is a 10 min chart It seems every time that it tested the 42 MA it dropped like a rock, and so far this is only half way.
EURUSD
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Agent-Pipen replied Aug 13, 2010Just being curious, why would it be HUGE? I was expecting it to be as low as possible, so the big boys can buy on Sunday night.
EURUSD
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Agent-Pipen replied Aug 13, 2010What do you mean " take a look at the post from another forum?"
EURUSD
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Agent-Pipen replied Aug 13, 2010I agree, although it's only based on my own experience and feeling that the Bear is not done yet. I strongly feel that the market will close on a lowest low, then when Sunday night comes, it'll start the Bull run. It's still a mind game for me.
EURUSD
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Agent-Pipen replied Aug 13, 2010Thank you for the link. Very informative. Here's the wrap up according to actionforex As the single currency has remained under pressure, suggesting recent decline from 1.3334 top is still in progress and further weakness to 1.2732 (previous ...
EURUSD
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Agent-Pipen replied Aug 13, 2010Good observation ! I will let it ride until it breaks my 12 period MA
EURUSD
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Agent-Pipen replied Aug 13, 2010How do you trade with all those lines? It must take you hours just to figure out what it all reflects.
EURUSD
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Agent-Pipen replied Aug 13, 2010Perhaps, you mis-understood my question. I meant something realistic that will happen by the end of today.
EURUSD
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Agent-Pipen replied Aug 13, 2010I want to ask people in the room, if you were to buy Euro what price would you want to buy it at? Today's sell off seems to be a perfect set up for people to get the price as low as possible so they can buy on Sunday night.
EURUSD
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Agent-Pipen replied Aug 13, 2010In my experience, I would say that it's only a guide line, not to be trusted as to say that it'll bounce on that line. Beside, if it breaks that line people will just say it broke the trend. and if it doesn't people will just say it's bouncing off ...
EURUSD
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Agent-Pipen replied Aug 13, 2010AU is trying to make lower lows and so is GU, anyone on board for the bear of EU?
EURUSD
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Agent-Pipen replied Aug 13, 2010I wouldn't count so much on trend lines. It's very un-predicative.
EURUSD
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Agent-Pipen replied Aug 13, 2010Seems like it's making lower lows, might have another bear run. Although it's already 149 pips from the high of the day.
EURUSD
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Agent-Pipen replied Aug 11, 2010Thanks Sclpzmalay for this insightful knowledge, I wonder why I didn't think of such. I traded the big Ben theory which was high and low from a given time frame, but never thought to just put it into lower time frame and trade the reversal. This is ...
Scalperzmania Scalping Technique (Inverted) from Malaysia
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Agent-Pipen replied Aug 11, 2010I would trade manually, the 3rd photo attachment says to avoid that type of signal, which to me is a pull back. and setting it auto trade would not detect that, it'll simply open up the order once it hits a certain number.
Scalperzmania Scalping Technique (Inverted) from Malaysia
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Agent-Pipen replied Aug 10, 2010I've been testing it out, what I do is wait until the hour begins and then draw the fib lines. catch my 5-10pips when it reaches either 23% fib or 0% fib and get out. Then I wait for the hour to finish and start again on the next hour. When the hour ...
Scalperzmania Scalping Technique (Inverted) from Malaysia
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Agent-Pipen replied Aug 10, 2010Can't believe, I wasted 20 mins reading this to figure out that this is a Joke. If anyone figure out this system please email me. Thanks
AMAZING Strategy!!!