speki posted:
    Can't keep a good Yuro down - I'd risk a long with stops below the recent daily lows. Target? Ohh, back to 1.5 baby. I think the franc will tank heavily this year.

<a href='' target='_blank'><img src=''/></a>


Indeed a good setup, but I wouldn't aim that high though, probably only to the start of the triangle. In any case, it still might dip lower before going up in my opinion.

trading naked is the best way but u need to be an excelent spotter of hard wind, need a strong knowledge of trendlines chart patterns ,candle pattern and with few support and resist and pivots u can make it with ease,,, good luck and by the way am nial fuller student ciao ciao

good day , by looking directly into the charts you can directley tell wether there is oversold or over bought areas, so why need for lagging indicators, pivots and trendlines are tools same like the nuke fibo, i suggest u to go to www.learntotradethemarket.com and there r plantey of health stuff there pureley price action and soon i will be posting some stuffs ,,, and have a nice day

speki posted:
wilkinson posted:
I've tried trading those too, but never figured out how differentiate between failing formations and non-failing. I had a 50% success rate.


Have you tried the community outlook? When every man and his dog are heavily short UJ, EJ, then it usually goes up big time.

http://www.myfxbook.com/community/outlook

Nothing wrong with 50% success rate. Like a coin toss. If you bank more on winners than you give back with losers, you'll be in the black on average.


the entire myfxbook community now consists of a total of forty eight million dollars.

keep in mind that there are massively large commercial transfers between various economies that far exceed this amount.

the community outlook numbers represent only that which is going on here at myfxbook.

do not trade according to these numbers.

of course, tho, this is only my opinion.

zzzero/.

Hmm... sounds viable. Could check it out.