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selym_co replied Feb 1, 2014I just wanted to draw some circles on the chart in order to understand the anathomy of the bearish trend. After finding the best scale for the bearish trend structure I added 1,618 and 2,168 and 3,618 and so on on the chart to see potential supports ...
Circular Trend-Waves
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selym_co replied Jan 31, 2014EURUSD ... The pair recently is so volatile which makes the market more and more attractive. Being a bullish biased trader (long term) I have been focusing on bullish signals for a long time . I just entered short orders just to obey the rules of my ...
Circular Trend-Waves
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selym_co replied Jan 31, 2014The gap !!!
They do not have to be filled , do they ? I am bullish in long term , but for now I guess we need to touch 3200s for a bounce. I mostly use daily and weekly charts , thats why I mention round numbers ... And yes I have seen the ...Oktoberfest Nightclub
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selym_co replied Jan 31, 2014I do not want to fill and pollute your thread with my posts , so maybe this post will be my last post here... But I want to show another chart where we have a ascending trendline (orange coloured) which is penetrated by this week's candle , and the ...
Oktoberfest Nightclub
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selym_co replied Jan 31, 2014Serious ? Well , for sure we cannot insist on only one direction while trading , but I think its a very little possibility for the price to rocket up. I also placed some (small) BUY orders between 3545 and 3510 targeting 38xxs but the advantage ...
Oktoberfest Nightclub
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selym_co replied Jan 30, 2014Hi sonic... I think there we have a H&S pattern on top of the price , with the broken neckline. And its a nice confirmation for me that you are bearish too ... image
Weekly Traders Arena!!
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selym_co replied Jan 30, 2014Everyone must be on holiday ... But I agree that its really not nice that this thread is almost dead. The fellowship of the charts ... is it over?
Nearly Naked (Simple Trades)
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selym_co replied Jan 29, 2014The fact that EURUSD has located itself above a key level for me , and the fact that USDCHF has located itself below a key level for me - considering that these two pairs are negatively correlated - strengthens my weakening USD hypothesis
And as ...Circular Trend-Waves
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selym_co replied Jan 29, 2014The majority thinks that this pair will go up whereas I insist on my shorts (just following the white rabbit) ... What I do not understand is people are hypnotized by fundemental data , and again the majority is expecting a USD rally ... the ...
USD/CHF
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selym_co replied Jan 23, 2014It was a day full of action for the market today , I made some pips with almost every pair except stupid EURJPY , and I think this week is almost over , so I shud wait for the next week for acceptable profits. Anyway what I will talk about is XAUUSD ...
Circular Trend-Waves
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selym_co replied Jan 23, 2014Closed my shorts ... I think now its the time to start building longs for a potential reversal , but honestly I think that the general trend is quite bearish in monthly chart... So I do not have great expectations while I am on the Long side ...
USD/CHF
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selym_co replied Jan 20, 2014EURUSD ... ı just want to upload the updated version of the circles with some extra trendlines and smoothed energy points. The price is now above a potential bounce level (the mid yellow trendline) which I expect to be broken. Despite my bearish ...
Circular Trend-Waves
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selym_co replied Jan 20, 2014Well , I feel honoured for being confirmed by the master ... For now I also am bearish on this pair , but I think that the whole bullish trend is not completed yet. It will be completed when the 1,618 circle is touched , the timing is a mystery to ...
Circular Trendlines
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selym_co replied Jan 18, 2014“Learn from yesterday, live for today, hope for tomorrow. The important thing is to not stop questioning.” Albert Einstein “The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear ...
Circular Trend-Waves
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selym_co replied Jan 18, 2014Well , the price has ended the week at a nice resistence zone which has the potential to be the beginning point of my expected bearish huge trend
As a trader who ignores fundamentals I have placed pending BUY STOP orders right above the ...USD/CHF
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selym_co replied Jan 18, 2014USDCHF ... As a trader still expecting a huge downtrend in this pair , I will not ignore bearish trend reversal potentials. So now here we have the double top possibility in the daily chart which gave me the chance to enter short orders . Definetely ...
Circular Trend-Waves
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selym_co replied Jan 17, 2014We are going with the flow as we are supposed to do ... So the next target of the price where I will realize the profit is %50 of the bullish trend and the AB=CD correction target. I wish the trend was strong enough to carry the price to those ...
Circular Trend-Waves
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selym_co replied Jan 17, 2014God bless USDCHF ... This sharp bull candle doesnt seem to be innocent ...
USD/CHF
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selym_co replied Jan 16, 2014Thanks for being that polite ... I can easily say that I tooootally ignore fundamentals , so I might be wrong too. But when different analysis of different pairs and instruments and indexes confirm each other , the percentage of the possibility ...
USD/CHF
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selym_co replied Jan 16, 2014I still think that there will be strong bearish clouds all over USD in the following months. I can show two charts confirming this bearish pressure. One of them is DXY monthly chart and the other one is the USDLFX chart which are telling that there ...
USD/CHF