but that swing bear from 57 had good momentum
here now...strong bar 1m to finish.....
got to 372
trend bar, with a bit of wick just at res waiting for the next bar...
range bar....I could be wrong, but I do not care, not selling at the bottom of range...
I have better things to do with my money...
and this time I was not wrong...I would have been stopped out......but that is not he point....
Atilla
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Trying to break out to the the upside and I think it will do so.
On the daily charts we made a higher low on the 13th April and this confirms indications strong dollar hurting economy.
My take is we'll have another 3 to 4 months of respite from interest rate rises from the Fed, allowing the US recovery to gain bit more zip. Thus, E/U should continue in its climb.
I still think it's choppy and we can have some major pull backs and can't help thinking 1.10-1.08 needs to be tested before the next sprint up but I've been wrong before.
fwiw - will only consider longs and wait for pull-backs.
On the daily charts we made a higher low on the 13th April and this confirms indications strong dollar hurting economy.
My take is we'll have another 3 to 4 months of respite from interest rate rises from the Fed, allowing the US recovery to gain bit more zip. Thus, E/U should continue in its climb.
I still think it's choppy and we can have some major pull backs and can't help thinking 1.10-1.08 needs to be tested before the next sprint up but I've been wrong before.
fwiw - will only consider longs and wait for pull-backs.
Trying to break out to the the upside and I think it will do so.
On the daily charts we made a higher low on the 13th April and this confirms indications strong dollar hurting economy.
My take is we'll have another 3 to 4 months of respite from interest rate rises from the Fed, allowing the US recovery to gain bit more zip. Thus, E/U should continue in its climb.
I still think it's choppy and we can have some major pull backs and can't help thinking 1.10-1.08 needs to be tested before the next sprint up but I've been wrong before.
fwiw - will only consider longs and wait for pull-backs.
Just made a 5m bar of 50 pips, I am long swinging....... finished scalping for the day...was not that easy....but I did well
Football for me, I think I have to get up @ 4 for juve madrid, damn...
took profit +118.5
Attachments
profits should have been taken @ 75, the upper channel line, but I was not around.
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Adjusted chart for the new day....
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only one trade scalping for me today, risked 6 made 10.
One trade in 4 hours session for me is not ideal, 3 to 4 is, but to be honest I think I did the right thing I only take trade that I do understand and I do not want take trades that I do not understand, they can be very dangerous especially if they bring me profit.... maybe I could have taken another at the arrow is but it was not that clear at the time.
ta
One trade in 4 hours session for me is not ideal, 3 to 4 is, but to be honest I think I did the right thing I only take trade that I do understand and I do not want take trades that I do not understand, they can be very dangerous especially if they bring me profit.... maybe I could have taken another at the arrow is but it was not that clear at the time.
ta
Attachments
one of my trades:
A bear swing, a block range (at the bottom), a break out that block range the way up, a break out of upper channel line and a break out of the resistance line, then we have a bear range bar, skipped the first entry due the strong move up and of the nature of that bear range bar..... in at the second entry, target profit reached in a jiffy...
So a fail break out range block, a failed break out of the upper channel line, a failed break out of the resistance line and a second entry which is more reliable entry.
All well here, having a break from the forum.....will be back. Ta.
Fugazsy.
A bear swing, a block range (at the bottom), a break out that block range the way up, a break out of upper channel line and a break out of the resistance line, then we have a bear range bar, skipped the first entry due the strong move up and of the nature of that bear range bar..... in at the second entry, target profit reached in a jiffy...
So a fail break out range block, a failed break out of the upper channel line, a failed break out of the resistance line and a second entry which is more reliable entry.
All well here, having a break from the forum.....will be back. Ta.
Fugazsy.
Attachments
MajorMagnuM
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ty for your reply ont hread today. will study you charts over the weekend.
