EUR/USD
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 15:00
failed no momentum
stevewalker posted:
R/R ratio > 1
I will not take thatstevewalker posted:
preparing for Long
target ~1.2560
Aug 27, 2012 at 15:19
In a day like this I wouldnt do anything unless it reaches 1.2550 (short signal) or below 1.2500 (Long)
Yesterday I went long @ 1.2510 and I closed it today at 1.2525....this is not especially brilliant but im just taking what the market can give :(
Yesterday I went long @ 1.2510 and I closed it today at 1.2525....this is not especially brilliant but im just taking what the market can give :(
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 15:48
went short here
RR is ok.
good luck to me😲😁🙄
RR is ok.
good luck to me😲😁🙄
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 20:04
exited +15
stevewalker posted
went short here
RR is ok.
good luck to me😲😁🙄
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 20:05
formation completed
if this is not going to turn into Bear trap EU is in short period.
walker
if this is not going to turn into Bear trap EU is in short period.
walker
stevewalker posted:
sHs forming at 4H
can be called as a short signal if formation complete
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 20:09
I really feel STUPID^2
first I exited short when STOP=BE
then looked at the 4H chart and saw short formation comleted
how stupid me
first I exited short when STOP=BE
then looked at the 4H chart and saw short formation comleted
how stupid me
Aug 27, 2012 at 20:18
Hello Steve,
Could you please explain what you mean by 'Bear trap' and 'Formation complete'?
I look at the technicals it does look like it can fall to 1.2470-80....
For now I think I may have to stand aside then maybe Long tomorrow around this level 1.2480...
thanks!
Could you please explain what you mean by 'Bear trap' and 'Formation complete'?
I look at the technicals it does look like it can fall to 1.2470-80....
For now I think I may have to stand aside then maybe Long tomorrow around this level 1.2480...
thanks!
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 20:35
(edited Aug 27, 2012 at 20:43)
formation completed for sHs ( shoulder Head shoulder )
when price make an immediate revesve move (long move for this example) as soon as breaking the neck line( red tick straight line ) of sHs this called 'bear trap'
walker
when price make an immediate revesve move (long move for this example) as soon as breaking the neck line( red tick straight line ) of sHs this called 'bear trap'
walker
lvhoang posted:
Hello Steve,
Could you please explain what you mean by 'Bear trap' and 'Formation complete'?
I look at the technicals it does look like it can fall to 1.2470-80....
For now I think I may have to stand aside then maybe Long tomorrow around this level 1.2480...
thanks!
Member Since Jan 14, 2010
2299 posts
Aug 27, 2012 at 21:48
What's time frame? Right shoulder is a bit higher than left. I like when it it is lower. In any case, it is better to be careful. the trend is up and not for long.
stevewalker posted:
formation completed
if this is not going to turn into Bear trap EU is in short period.
walkerstevewalker posted:
sHs forming at 4H
can be called as a short signal if formation complete
Member Since Jan 14, 2010
2299 posts
Aug 27, 2012 at 21:54
There is a good chance of stronger move tomorrow as all Pivot points are close and range is narrow.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 22:24
4H indicated in the post
yeah right shoulder a bit higher, correct
yeah right shoulder a bit higher, correct
Chikot posted:
What's time frame? Right shoulder is a bit higher than left. I like when it it is lower. In any case, it is better to be careful. the trend is up and not for long.stevewalker posted:
formation completed
if this is not going to turn into Bear trap EU is in short period.
walkerstevewalker posted:
sHs forming at 4H
can be called as a short signal if formation complete
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 27, 2012 at 22:25
hope so
Chikot posted:
There is a good chance of stronger move tomorrow as all Pivot points are close and range is narrow.
Member Since Jan 14, 2010
2299 posts
Aug 27, 2012 at 23:33
4 h for daily trend is like pimple on elephant butt 😁
i do hope that threre will be some move tomorrow
i do hope that threre will be some move tomorrow
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 28, 2012 at 08:49
- sHs formed
- Bears Trapped
currently waiting for a formation over 1.2520 for longs
walker
- Bears Trapped
currently waiting for a formation over 1.2520 for longs
walker
stevewalker posted:
formation completed for sHs ( shoulder Head shoulder )
when price make an immediate revesve move (long move for this example) as soon as breaking the neck line( red tick straight line ) of sHs this called 'bear trap'
walkerlvhoang posted:
Hello Steve,
Could you please explain what you mean by 'Bear trap' and 'Formation complete'?
I look at the technicals it does look like it can fall to 1.2470-80....
For now I think I may have to stand aside then maybe Long tomorrow around this level 1.2480...
thanks!
Member Since Jan 14, 2010
2299 posts
Aug 28, 2012 at 08:51
Better wait for another one. Chasing price is not a good idea. There will be more.
malkaby85 posted:
any ideas about the entry and the exit point ... i always kinda miss it 😭
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 28, 2012 at 08:56
IMO short is not a very good idea for the moment.🙄
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Aug 28, 2012 at 08:59
Dear all
the ideas/comments/forecasts/charts posted here are all personal. those may be correct or wrong. ( most probably wrong😀 )
this is just an experience exchange thread to help eachother if we can😉
walker
the ideas/comments/forecasts/charts posted here are all personal. those may be correct or wrong. ( most probably wrong😀 )
this is just an experience exchange thread to help eachother if we can😉
walker
