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- magictrader replied Jan 12, 2009
On H1 EURUSD looks very simillar like in 7/8 Jan. It's again moving up and down around s/r line and the channel is the same. Now it's on strong support horizontal level, on H4 are lot's of pinbars, but I will open long when it will break last high ...
EURUSD
- magictrader replied Jan 11, 2009
On D1 it looks interesting, first resistence line was hit but without strong bears reaction. This could by only some resting befor another bull ride to another resistance line. I'll wait for confirmation on lower TF, or for some candle signal on D1.
Cable Update (GBPUSD)
- magictrader replied Jan 11, 2009
For looking long position, this could be good moment. EURUSD retesting previous resistance line - now could be support line. There is also something more like Crab Harmonic Pattern with some group of Fibs near this line. Let's see what candles will ...
EURUSD
- magictrader replied Jan 6, 2009
That was nice short
. Now could be little long because EU is very close to the bottom channel line and there is morning star formation on H1.EURUSD
- magictrader replied Jan 5, 2009
Looks like classic ABCD type of retracement, there is common 50% Fib retracement from this big up move, and also some Fib levels from ABCD patterns. That's why I think bullish, but first need to break channel on H1.
EURUSD
- magictrader replied Jan 5, 2009
For now I'll see it in this channels. On D1 it looks like bullish flag formation, but first EU needs to get out of this bearish channel.
EURUSD
- magictrader replied Jan 5, 2009
It's my local broker with GMT+1 time zone, think that's why it looks different.
EURUSD
- magictrader replied Jan 4, 2009
So another test of trendline and support line, very nice triangle formation, so let's wait for breakout...
EURUSD
- magictrader replied Dec 16, 2008
Maybe next step will be giving to all citizens just money printer
?EURUSD
- magictrader replied Nov 17, 2008
What is going on on EU, so quiet from last hour. Can't remember when last time market move like this.
EURUSD
- magictrader replied Nov 14, 2008
Looks like flag pattern is broken upside, next maybe triangle formation and then ride up in green channel...
EURUSD
- magictrader replied Nov 14, 2008
I'll take it too
, but I don't take a screen. That was really good trade.Powerful 1 Min Scalping System (Fx Prime)
- magictrader replied Nov 14, 2008
So let's see this one: EDIT: SL hit.
Powerful 1 Min Scalping System (Fx Prime)
- magictrader replied Nov 14, 2008
Stop loss hit. When I take it didn't know that it will reverse (turning up...), we know that one candle after the set up. Maybe this will be good set up for long trade? If CCI 34 and RSI cross up and CCI 170 will hold above 0 line?
Powerful 1 Min Scalping System (Fx Prime)