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- Maxout replied Jul 7, 2010
My H4 shows a Doji(Last Week High) and a Bearish Engulfing(this week high, confirms the top). Im looking at a double top pattern. Im short @ 1.5132 TP @ 1.5035, 1.4938 Stop @ 1.5230
Cable Update (GBPUSD)
- Maxout replied Jul 6, 2010
Im long EJ @ 110.08 Peircing Pattern around 50% Breaks down line Stop @ 109.10 Limit @ 111.04
EUR/JPY Anytime!
- Maxout replied Jun 25, 2010
Testing neckline this hour. Edit: Lets see where it goes from here.
EUR/JPY Anytime!
- Maxout replied Jun 24, 2010
I'll select a non-trending period to conduct the back test. Time will be 1500 to 2359(GMT+8) Thats the London and US Market. Thanks for sharing
PM Forex Strategy
- Maxout replied Jun 24, 2010
Have you test this on non trending period? No offence but i think this works only in trending market.
PM Forex Strategy
- Maxout replied Jun 23, 2010
You are really spot on Petar. Your second position should hit TP by now.
EUR/JPY Anytime!
- Maxout replied Jun 21, 2010
I'm short too from 113.15 after a shooting star rejected last week's high. Limit 112.52 (61.8 retracement) Edit: out of short +16.
EUR/JPY Anytime!
- Maxout replied Jun 21, 2010
Im going for long but wont enter at this price. Waiting for retracement.
EUR/JPY Anytime!
- Maxout replied Jun 18, 2010
2 Bearish engulfing near 112.78(61.8% area) provides good resistance. Im short now @ 112.49. May the pips follow me.... Edit: I'm out of the trade. Doesnt feel good about the trade.
EUR/JPY Anytime!
- Maxout replied Jun 17, 2010
The market is range bound. Since its friday, might as well take a long weekend break.
EUR/JPY Anytime!
- Maxout replied Jun 17, 2010
I'm sorry but its a joke. A mistake on cnbc website. Look at the attachment. its show china market was down by 100%.
EUR/JPY Anytime!
- Maxout replied Jun 17, 2010
Shanghai Market drops 100%!! from cnbc.com. Run for Cover!!! Happy pipping..
EUR/JPY Anytime!
- Maxout replied Jun 17, 2010
GU price hit yesterday resistance and retrace. "Dark cloud Cover" forming in 15min time. Will sell once the formation is confirm. Risk will be the news coming from US in 45 min time. Comments?
Cable Trading (Serious Trading No Jokes)
- Maxout replied Jun 17, 2010
Short GU — I believe the move upwards is over. 20 & 50 MA cross over. Looking to short EU @ 50% or 61.8% fibo with candle formation as confirmation.
Cable Trading (Serious Trading No Jokes)
- Maxout replied Jun 16, 2010
Hi Bandwidth, My SL is always at 60pips. I enter the trade and went to bed as im on GMT+8. Looking back on the trade, there is a RSI divergence. Maybe thats explain my loss.
EUR/JPY Anytime!
- Maxout replied Jun 16, 2010
Enter Long at 112.57 Hopes everything goes according to plan.
EUR/JPY Anytime!
- Maxout replied Jun 16, 2010
Will it be a hammer that touches 61.8% on H4? Candle close in 40min time.
EUR/JPY Anytime!
- Maxout replied Jun 16, 2010
Price breakout from today range but RSI entering overbrought terroritory. Tough decision. Sit out this trade and wait for retracement.
EUR/JPY Anytime!