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moneymagnet replied Aug 10, 2018just a thought for the weekend.. this is a weekly DX chart. H&S, breakout at 95. Possible retrace to 95 area which possibly gives us some good buy potential but after test, more bear movement. Just something to consider.. image
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moneymagnet replied Aug 10, 2018Sorry for the delay, I am just now seeing tis request. 15 min chart image
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moneymagnet replied Aug 10, 2018and if you draw a LO TL from yesterday to today, it is also testing it.
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moneymagnet replied Aug 10, 2018nice post. A weekly H&S hardly ever just breaks on the first attempt, so it is definitely possible that it bounces in a 2-3k pip range for a couple weeks. The market can and will do whatever it wants so it could also spike down 2k pips next week. ...
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moneymagnet replied Aug 10, 2018LO is another tool I am THANKFUL Ata shared!! 14150 is supporting pretty strong at the moment. This could be a profit taking day for the big boys. Could see a bounce sometime today. We will find out!
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moneymagnet replied Aug 10, 2018H&S?? Another push?? Ata's stupid LO TL holding up the bear action

5M chart image EURUSD only
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moneymagnet replied Aug 10, 2018the magenta line on my chart was the former lowest low (support) bodied candle (left circle) which acted as resistance (right circle), thankfully. So I was able to hold on a bit from my 2nd entry. with closes occurring above today's and yesterday's ...
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moneymagnet replied Aug 10, 2018I got in on my 2nd entry on the break of the lowest wick and under the last 2 LO opens around 300 but this puppy is being stubborn! image
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moneymagnet replied Aug 10, 2018No, but we may have a chance with this candle but we have news in 5 mins and 35 more mins until 1HR closes. Could be a choppy Friday, trade safe.
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moneymagnet replied Aug 10, 2018I lost THOUSANDS between 2006-2008. Stay positive my man. The key word in your statement, "learned something from it". You will bounce back!!
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moneymagnet replied Aug 10, 2018Ata, what does your long thicker red TL represent? Thanks
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moneymagnet replied Aug 9, 2018still no LC on the 5M and we are above 60LWMA on 15M and 1HR... chilling on the side for now..
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moneymagnet replied Aug 8, 2018I am glad I am not alone!
The only thread you will ever need: FX Exposed!
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moneymagnet replied Aug 8, 2018Maybe a little bear action at the 64-6500 levels (4hr TL break out area, 50% fibo of the move down from 7/31/2018).. image
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