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mikeylp replied Aug 30, 2012Let's make a quick Market Preview on EU and GU. (No Fundamentals) EU: The market created a great support level, so if it is broken, we shall see a great down move. If that support is broken, then I would wait for a retest to see that the support ...
Euro/Dollar
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mikeylp replied Aug 30, 2012I don't and won't, it looks a bit risky to enter long now, especially when the support wasn't reached, so your stops would be at least 10 pips below 5753; risky for 25% equity trade unless you want to grap the next 10 pips from it.
Euro/Dollar
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mikeylp replied Aug 30, 2012Good trade TT, I am in since my first post 2/3 days ago. Still holding my shorts, though updated the SLs. EJ showed a good performance too, my 2nd Target was hit, still have one position to the next target. Gold is nice too, still holding the ...
Euro/Dollar
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mikeylp replied Aug 29, 2012Good evening, I don't know guys, it's true that the market was a bit slow, it's the silence before the tsunami, or maybe US is all about hurricane now. The storm of Bulls or Bears is in the corner to strike. I am still behind from my previous posts ...
Euro/Dollar
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mikeylp replied Aug 28, 2012I like it, that what it makes it so beautiful. Lets assume that the market will tend to go lower and lower from now, all we saw was a retracement, it sky-rocked and now the bears are in the "set" position, waiting for the fire and all the automatic ...
Euro/Dollar
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mikeylp replied Aug 28, 2012Good night/evening mates. I am trying to get back to business after fully loaded work weeks. I am taking small steps, one market at a time. The 1st one, at the market open was the Aussie, shows great R&S and breakouts, which allowed me to go short, ...
Euro/Dollar
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mikeylp replied Aug 2, 2012I use 4H charts for now and I don't want to mix my head with extra pairs now, I learned that in many cases better sit aside than be in trade saying I am in. My TP is 1575; The gold moves nice with R&S Trend moves, though it should be around 1570 ...
Euro/Dollar
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mikeylp replied Aug 2, 2012Good evening Tau, Before I drive home.... The larger TF you use, the bigger RISK, but signals are the same. On a long term it should pay good, but in FOREX trading you will have to consider the exceptable lost once the trade goes the other way, and ...
Euro/Dollar
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mikeylp replied Aug 2, 2012Evening Tom and gents! Lately I have had barely time to trade and follow the Forum; though I have been following the Gold, I had to since it is easier to follow, though I have made a little mistake when I used "Gartley"/"Cypher" patterns which ...
Euro/Dollar
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mikeylp replied Jul 25, 2012Night' Tom You know, there are many traders who always argue about the trend, some believe and some don't. Jim Rogers is great, but he is not the only one, there are many investors and critics many are right in their ways; so it is up to us whose ...
Euro/Dollar
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mikeylp replied Jul 25, 2012For those who fear, and think that market knows what you are doing and every time you put the trade and it goes against your position. Well it has always been "Your" problem, many got all the info from Forums and other trading signal places, and ...
Euro/Dollar
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mikeylp replied Jul 25, 2012High SLs, 3 targets, and 1.18 here we come (or not
). I wasn't bouncing at previous bottoms (last week), I used 3 shorts with High SLs and hit 2 of my targets. Now i do the same, as resistance quite strong and we have a double top. There is ...Euro/Dollar
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mikeylp replied Jul 25, 2012Good Evening/Day GOLD: Maybe it is now, a nice Gartley and AB=CD, this pattern can bring us straight to 1539.5 area. image
Euro/Dollar
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mikeylp replied Jul 24, 2012Good night traders, sorry for being less active past days, busy at work and Microsoft workshops, so currently I analyse the market at the end of the day (around 00:00), adjusting targets and positions, and miss the Gold entries
. Probably the next ...Euro/Dollar
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mikeylp replied Jul 23, 2012Welcome, Though it's been several Hours, I couldn't follow up today at all, though I would enter few hours ago when the candle couldn't break above the previous LL. Well I did now and the SL is definitely where you mentioned: 1.2165 TauTrader: Look ...
Euro/Dollar
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mikeylp replied Jul 20, 2012You'll burn your BBQ You closed it good, I need it go below current lows 3 more pips so my rules will meet for a buy, fib38.2 and fib61.8
Euro/Dollar
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mikeylp replied Jul 19, 2012How long can this flag last!!! Look at the Aussie, unstoppable.
Euro/Dollar