Nobody knows. The knowledge of a skilled trader is to know when a trade is turning against him and to manage risk and reward wisely. Some develop a strategy which turns out to be successful for all the right reasons. Some will get it right by chance ...

EURUSD

Keep an eye on the news as this is a busy week, culminating in FOMC and ECB meeting Wed and Thur which may well set the direction mid term. Expectations are high and they better not fall short. Up to then expect sideways to bullish tone.

Euro/Dollar

that's a shocking find. and here is another one from alpari UK customer agreement- that is in stark contrast to the claim on their webiste that accounts are fully segregated: '6.1. Relevant Amounts held on the Trading Account (“Segregated Funds”) ...

The Really Useless Thread

they follow everyone of which anyone is part of. I don't know the change in figures (cot report does not cover the amount of individual traders within the noncommercial positions) but assume that not much has changed in that individual traders ...

EURUSD

there are some very fundamental misconceptions addressed here: trend: what defines a trend? price went up as long as the trend(short term) prevailed until the opposing long term bearish trend becomes more attractive again and resumes. at some point ...

EURUSD

Also short on GU based on h4 cci and shorter TFs. No target yet, S are 562(h4) and 558(d1)

EURUSD

#102664 as shown in chart below, projected levels served well and sidelined we remained. direction remains an issue and once again 2331-2349, level of h4 kijun sen (= 50%fib of last 26 periods) might come to play and could lead the way. short ...

The Really Useless Thread

I marked 2284 as S/R for a while now. S1 2275 - 22701 (15min) S2 22510 (h1) S3 223xx (h4) Wednesday we experienced kumo resistance in h4 (amber ellipse) followed by support from Kijun sen. playing by levels as long as we struggle for direction. ...

The Really Useless Thread

Urgh.. If sisse says choppy then choppy it is. I was expecting sidelined PA for a few days since late last week. Projected levels are generally ok, and are best be navigated with cci, rsi or macd. However execution in sidelined market is often in ...

The Really Useless Thread

Clean!

The Really Useless Thread

posted a little update with levels here: #101516

Euro/Dollar

voddoo bodoo saxoo todoo - i might need help decoding this

The Really Useless Thread

thank you it is the little pleasures in life that keep me going, although I am afraid we should rather talk of an addiction in this regard

The Really Useless Thread

also got 84 down as R. where does your 2132 come from, is it the bottom of descending channel? H1 has become bullish friday but signal entry was a bit hard to catch, it happened within 15 mins. image H4 bearish ichimoku TKcross is still intact but ...

The Really Useless Thread

interesting read Mike, thanks!

EURUSD

Yesterday was yesterday, today is another day. Fridays are always good for surprises and I am not biased and never predict, but instead follow the charts. Some timeframes may be short while others are long and both may produce satisfying results. I ...

Euro/Dollar

thats good Lukas, especially if you were not stopped out or even better if you entered around 2687

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

and month chart for the bigger picture: image

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Very nice vincy! yes the continuation on the daily turned out very clear. Please keep them coming, makes me feel less alone with Ichimoku. H4 delivered also a very nice entry around 2530. image D1 with downward channel: image

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

In comparison to the above this is the purely objective technical signal that Ichimoku provided, spanning around 40pips: image

Euro/Dollar