we should break 1.32 but i think won't happen till NY session... bear divergence atm so i am short from 1.3268.. 10pip SL... TP 1.32 - monitored.. stops will be at BE asap

Spider's Den

larger TF.. just throwing something out there quick:

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

perhaps but the chart attached below didn't do that until over 1000 pips were cleared... we've dropped 2300 pips since the top... expecting higher... also your TF is 15mins... if you calculated your broken wedge, it would take us to 1.3031 ...

Chart Patterns, Ranges & Trends

do you trade the euro? if it was gone, what would you trade otherwise? Euro good or bad - its allowing us to trade it to make/loose money

EURUSD

if we break back above 1.3214-21 then i would not be shorting anymore... we dropped down to test the h4 bull breakout imo... my system has partly confirmed resumption of upmove:

Chart Patterns, Ranges & Trends

found it: url

Spider's Den

T... could you explain to me (rookie) about the unemployment rate and nfp result...i remember you posted a long time ago the unemployment rate is the result to watch for a temp direction.. cheers

Spider's Den

yeeerr... i am probably gonna wait till market calms down.. or not trade at all... good week so far so don't want to ruin that..

Spider's Den

Morning T... I am hoping to see 1.3012 to end this correction then continue moving up... perhaps NFP might do it for us.... if it doesn't reach that low than 1.3049 before moving up... breaking 1.3232 will invalidate this whole view and will carry ...

Spider's Den

taken from the link above: London Stock Exchange Hours The LSE has normal trading hours between 8:00-16:30 GMT Not far off but to be honest i was totally wrong.. i always thought it was 1700 GMT.. thanks for info EDIT: I think that spike we ...

Spider's Den

london session isn't closed yet T?

Spider's Den

it should drop some... but not back down to 1.26... in my experience news generally creates temporary noise then resumes back to normal trading... look at the chart -are we going up or down?

EURUSD

you are right to long... i believe we may see 1.3080-87 again before rising though... i am expecting 1.3162-75... then DROP down to 1.30 or below...

Spider's Den

you guys probably already know this but for those that don't... i found a website which explains wxy... url

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

LOL.. i just left a message about XYZ moves... anyone have any literatue on XYZ waves? i don't understand the meaning behind those... only that X is a wave with no subwaves? Raza i am online messaging you atm on SKYPE

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

$10,000 risking 1% for a 2:1 rr would mean = $100 risk to make $200 - yes you are right... Those should be the basic rules for anyone who takes this seriously and has experience... If you are experienced then your rr is probably higher and so is ...

EURUSD

i have? damn must have been a long time ago... must go back to check

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

i have never posted a chart on this thread before... here is my first.. thanks:

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

i am very sorry to hear about that... maybe a break from everything for a few days might help? then come back refreshed and conquer the world! Every resistance line in the past 2 weeks were being broken by bulls.. the more levels i told myself ...

Spider's Den

If this doesn't break 1.3208 today then we could dip back lower to 1.3056 which i kinda hope happens but not restricted to as that level was tested straight after it broke... yes 1.37xx is the 50% retracement of the whole move down from 1.4940 how ...

Spider's Den