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- sed34 replied Jul 13, 2010
true, but not a monthly chart. what would a scalper really need with a monthly chart? Unless you're trying to top/bottom pick a significant high/low.
EURUSD
- sed34 replied Jul 13, 2010
I'm a scalper. I rarely look at monthly charts. My trades last only a few minutes.
EURUSD
- sed34 replied Jul 13, 2010
fundamentals is driving this thing. technicals are overbought big time.
EURUSD
- sed34 replied Jul 13, 2010
if people are still in long i'd take profits now. There is exhaustion in this up move.
EURUSD
- sed34 replied Jul 12, 2010
could be, but i'll wait for london dictate the trend. I highly doubt asia will do it. atr is 2 pips on M1. incredibly slow today.
EURUSD
- sed34 replied Jul 12, 2010
the price action today has been bulls$%t. hopefully london will be better.
EURUSD
- sed34 replied Jul 12, 2010
wow. i might just take my profits and call it a day. There is no movement going on right now and I don't want to chance a whipsaw clipping me out. Last night in London was good though. There is a rising wedge. resistance is heavy at 1.2585
EURUSD
- sed34 replied Jul 6, 2010
prices are bouncing from R5. Dow is losing strength. The bulls look like its losing steam. we may have topped out...for now
EURUSD
- sed34 replied Jun 29, 2010
true, but when the market isn't doing anything you still get a lot of whipsaw. i'm trying something different. moving ave such as the 120 on a 5 min chart and the coral. if price is above/below both the trend is more sound and use trix for entry.
THV system, final edition
- sed34 replied Jun 24, 2010
short term indicators are overbought. i'm out until they normalize.
EURUSD