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- BFSGcapital replied May 16, 2012
I know its market hours but they are almost over. From ZH. Probably 99% of adults dont know how this works. video ! This motivates me so much more to make as much money as I can in Forex.
EurAnalysis
- BFSGcapital replied May 16, 2012
Well, t hat is what is happening. Remember there is strong resistance at 1.2757 now, maybe we really are going to 1.262 first, or maybe lower to stop hunt that level. At the same time strong support at 1.268
EurAnalysis
- BFSGcapital replied May 16, 2012
Also note this is the 4HR algorithm. Note how a stop loss above plumline allows you to catch the whole move. And shorting the plum line is the best chance you will get if you missed optimal entry, or if you took profit at exhaustion and looking to ...
EurAnalysis
- BFSGcapital replied May 16, 2012
True, and what a perfect excuse for a euro short cover rally. Or it will cause us to blast through 1.26 with no problems whatsoever

EurAnalysis
- BFSGcapital replied May 16, 2012
4HR chart I can't believe I didn't notice this too... this is why I need multiple monitors and well... most of the professional FX traders have like 4-6 monitors so IMO its really not overkill (but im not a professional
, not yet lol). It's just ...EurAnalysis
- BFSGcapital replied May 16, 2012
True, but I'm just bad at remembering to look at what time it is.
I do need to make a pre trading routine... and I really want to rent out an office or something so it feels more "professional" and I feel more focused. Doing this from home can be ...EurAnalysis
- BFSGcapital replied May 16, 2012
If only I paid better attention to charts. I did want to get long. After a drop that strong, I probably would have been too chicken anyway even if I had noticed the great opportunity. The reason is I'm afraid of a gap down before I even have the ...
EurAnalysis
- BFSGcapital replied May 16, 2012
I'm a dreamer
Did not even realize there was FOMC Minutes today. That's why I need a squawk box, thank you so much talking-forex.EurAnalysis
- BFSGcapital replied May 16, 2012
last 30 min candle looking very bullish and going to close that way
EURUSD
- BFSGcapital replied May 16, 2012
i cant believe i wasnt paying attention to gold. we hit 1526 and bounced, should have known that was it for the euro also (at least for now)
EurAnalysis
- BFSGcapital replied May 16, 2012
people tell me im too hard on myself for my age all the time. i guess i should start listening to them
looking like head and shoulders on 1m and 5m formingEurAnalysis
- BFSGcapital replied May 16, 2012
almost went long here too, but now looking like head and shoulders might form? we'll see
EURUSD
- BFSGcapital replied May 16, 2012
exhaustion scalps are my favorite type of trade, but trend is still bullish. i got out at 2735
EURUSD
- BFSGcapital replied May 16, 2012
US Building permits in 5 minutes. should have got short again at 27465, its looking toppy
EurAnalysis