Pivot chart — I would like to see the trap door open on that pivot and let the bottom fall out image

EURUSD

finding support on daily pivot. 1.5165

EURUSD

That big wave that arches its back like that is an impulse wave 1. There should be a 3 distinct wave correction(wave 2) and then a wave 3 up that makes that first one look small. I am just catching wave 1 down, the correction should cover some nice ...

EURUSD

Heres one case I do agree with against the trend trade. The gartly has extended to 1.618 circled in green. That pretty much means I place an order. The nature of this kind of reversal is supposed to be swift. We'll see. image

EURUSD

I am a firm beliver in EW. Thats how I identified this move from the very beginning. I only count obvious looking wave patterns. I don't try to count complex waves. EW works like magic on daily and weekly waves.

EURUSD

[quote=Klee;1875817] went sideways last night, then went up. and sideways the night befor and then went up. Actually been doing that since feb 8th. So what about sideways?

EURUSD

What this means is, the trend is up so we must assume the price will continue up, untill at some point it will show us different. The price didn't fall back more than 30-40 pips from the high, so theres still a lot of lift in the euro.

EURUSD

This thing has gone 600-800 pips with no significant retrace. I will start to lean toward the retrace possibility now.

EURUSD

untill it starts going down its gonna keep going up. Just figured I'd state the obvious like every one else.

EURUSD

To carve is to take away from. Like what happened to accounts shorting this strong up trend

EURUSD

The market is gonna do what its gonna do. But will wait untill he speaks to do it. Probly don't matter what he says. But you know, the lower the dollar goes, the better position the banks can get for the inevitable recovery. Those lucky enough to ...

EURUSD

No sooner I posted that I closed that trade. Price failed to reach the high and the day is coming to a close in NY so relax time. Watch to see if it retests 1.5100 or what ever. A break to new highs might warrant another long. But a break below ...

EURUSD

Here is a good example of with the trend entry. Maybe a small trade if it stall out, or maybe another 100 pips come tomarrow. When it dipped below 1.5100 and quickly drew back above it I could see it wasn't ready yet to go down. image

EURUSD

All the time frames are in major up trend, there is no reason to be placing shorts. When a surfer tries to ride the waves does he surf with or against the waves? How well could one surf against the waves? You'll be eating sand! For the love of.....

EURUSD

I am betting he uses the same indicator as I do for this. Simple Observation Indicator.

EURUSD

Ahem...

EURUSD

All these shorts in the middle of what is obviously a very strong up trend move? There are starving kids that need donations if you just like tossing money out the window. Instead of trying to predict what its going to do, just follow what its ...

EURUSD

You guys might get your shorts if price cann't sustain a break above 1.5

EURUSD

I don't know the end of what its doing now is going to be, so no way to know what its going to do after it finishes what its doing. Will it go down soon? It could drop 300 pips tomorrow. Is it likely? I dunno. I believe it will end the year below ...

EURUSD

Chart from page 298 last week. — Here is what became of this chart. This is my favorite chart set up. With shichannel in green marking weekly and the dashed white lines marking daily/4hr. Orange weekly pivot. I like keeping s/l just the other ...

EURUSD