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emda replied Oct 28, 2008welcome to the world of forex. I can't explain it more simple... why? Because forex is not simple...If you ask specific questions maybe I can answer them. This indicator I use is RSI. it is an oscillator.. it means it goes from 0 to 100. and from ...
Divergences - (All Pairs)
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emda replied Oct 28, 2008cost of the crash $2,800,000,000,000 url
Auslanco - GBP/JPY and GBP/USD (newstrade)
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emda replied Oct 27, 2008it is easy to forget and look at the last bar stoch.. when you have to look at the previous bar one... it would be nice an stoch line without the last bar stoch. because it is moving until the bar closes and it is not used.
Spud's Predictive MTF Stochastics
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emda replied Oct 27, 2008an 261.8 extension fib for the last up retracement is at 1.2288 H4 chart.
EURUSD
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emda replied Oct 27, 2008
I closed my short at 1.2500.. because I thought it could do a double bottom at 1.25 support... but then broke... lol... I'm waiting to 1.2500 again to reenter short.EURUSD
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emda replied Oct 27, 2008... well.. it would be interesting to see if it breaks 1.2500.. you could try to short if it does. RSI H4 is still under 50 which means that shorts are more powerful than longs right now. to break 1.2500 to me would be that price goes to 1.2450.. ...
Divergences - (All Pairs)
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emda replied Oct 27, 2008ok... eurusd seems RSI is in a trigangle towards equilibrium at 50... consolidation period.. before monday open... don't go against the trend
if we miss a divergence to go long.. doesn't matter because there will be soon a divergence to go ...Divergences - (All Pairs)
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emda replied Oct 26, 2008for newbies... don't trade until the markets are open at least tokyo session ! Market moving in weekends are usually moves from the brokers to stop some orders before the market opens... unless there is a big big news in the weekend... i would stay ...
EURUSD
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emda replied Oct 26, 2008a chart showing USDCHF divergences in monthly chart as reference...
Divergences - (All Pairs)
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emda replied Oct 26, 2008as Scrat says... there is no reason to end with dollar strength... I mean.. if it ahs got this strength so quickly and so much... it can mean 2 things... in my opinion... 1) it is just a quick correction so that we could quickly reenter against the ...
Divergences - (All Pairs)