- Search Energy EXCH
-
xxDavidxSxx replied Feb 26, 2008Gartly — here is a Gartly forming on daily/weekly level with a possible target at the 1.382 fibo. Providing it breaks past the 100% retrace level of 1.4951 high. image
EURUSD
-
xxDavidxSxx replied Feb 26, 2008Here is a Daily chart with RSI break out. No more divergence if daily closes RSI above the previous peak value of 61. edit: current move is at 59.3 image
EURUSD
-
xxDavidxSxx replied Feb 26, 2008I used to do that but not any more. Since my views are on the weekly scale, they last. Meaning the charts I posted, you can continue to use the same ones for a few weeks. I took Dec. and Jan vacation and now Feb back to work. So it won't take 2 ...
EURUSD
-
xxDavidxSxx replied Feb 26, 2008Were not fighting. Just talking. Were good. I was going to point out its having trouble at 1.4900 absorbing market sell orders probly placed there prior to news. Long term big players with large positions thinking 1.49-1.50 good spot for long term ...
EURUSD
-
xxDavidxSxx replied Feb 26, 2008That word is not in any of my posts. I am doing what every one does in sharing my charts and point of views. That is what this is for. And to more than we can count, valuable information. I hate that you got caught in the wipsaw. I tried to point ...
EURUSD
-
xxDavidxSxx replied Feb 26, 2008Don't get mad just take it for what its worth. As for tangible, I have posted charts that show market direction as tangible, and the moves this week reflect those charts from last week. As for professional, my title isn't full time trader for kicks. ...
EURUSD
-
xxDavidxSxx replied Feb 26, 2008On the monthly chart there is no form of a top. It looks like its in the middle of a strong up trend, looking to break out of resistance.
EURUSD
-
xxDavidxSxx replied Feb 26, 2008With a bounce off weekly pivot and a break above the top of the consolidation range of last 2 days, theres no place else to go but up. Fast or slow one can never tell. Use caution and tight s/l (50-60) because turns happen in a blink. Once broke ...
EURUSD
-
xxDavidxSxx replied Feb 26, 2008The problem I see is people want the euro$ to go down so they find what ever supporting analysis they can to support what they want. Just let the market do its thing, and follow what is is doing not what you want it to do. You must remain unbiased. ...
EURUSD
-
xxDavidxSxx replied Feb 25, 2008I'd love to see it keep this range too befor new highs. I love ranged trading. But we cann't will it to do what we want, only follow what its doing.
EURUSD
-
xxDavidxSxx replied Feb 22, 2008Elliotte wave — Here is a wave count on the sideways correction. If it is a top it would be a quadruple top? Does that happen? It has completed a 5 wave sideways correction that also should signify there will be a final wave up before turning ...
EURUSD
-
xxDavidxSxx replied Feb 22, 2008Chart — I can see it taking Sunday and drifting down to 1.4769 before bouncing up off the bottom trend line. Or it could crawl up the top trend line too. Edit: actually, what ever the new weekly pivot is, is the likely bounce point if these ...
EURUSD
-
xxDavidxSxx replied Feb 22, 2008Notice how the majority is looking short. There is a reason the majority of traders lose.... Stay in the minority and stay on the winning side. 150+ pips today/yesterday, and almost 500 for the month
EURUSD
-
xxDavidxSxx replied Feb 22, 2008And where is this position now that price has reaches to 1.4850? If you had short at 1.4800 and 50 pips was the target, and your position survived then your s/l is the same as or greater than your target. If your target was 50 a good MM plan would ...
EURUSD
-
xxDavidxSxx replied Feb 21, 2008Its actually hard to take a long position here. Price is close to resistance. But with the current momentum a short is almost suicidal. Use the 50's mid way points of entry. If price rises above 1.4850 its likely to hit 1.4900. If price falls below ...
EURUSD
-
xxDavidxSxx replied Feb 21, 2008I dunno about the other pairs but euro$ has been very predictable all year so far. For those who don't know whats going on refer to my chart. For those who are shorting now, refer to my chart.
I only pop in once in a great while
to give ...EURUSD
-
xxDavidxSxx replied Feb 21, 2008Chart — Here is my chart on euro$. As we can see it is in a sideways over all trend with a bullish angle. Yesterday price dropped, bounced off the weekly pivot(orange line) and is now looking to the top andrews pitchfork line at 1.4800. A ...
EURUSD