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- todstars2 replied Dec 28, 2011
Doji signal for long term bottom --1.27???? — We haven't seen long term bottom yet. I venture somewhere around 1.270 I'm looking at that bottom doji candlestick and center mass of the formation on the monthly charts for reference.
EURUSD
- todstars2 replied Dec 28, 2011
"the market can move against you, longer than you can stay solvent." Keynes I think.
EURUSD
- todstars2 replied Dec 28, 2011
they have to come up with something to fill the pages and airwaves. LoL!
EURUSD
- todstars2 replied Dec 28, 2011
usd/cad looks good for a short term bearish trade on the 4 hour
EURUSD
- todstars2 replied Dec 27, 2011
books on technical analysis are the key. a very good one is "technical analysis for stock trends" by john magee. Dont let the name fool you, as TA works in most freely traded active markets with charts to review. there are many others but this, I ...
Why can we not invest long term in Forex?
- todstars2 replied Dec 26, 2011
Volume is drying up at 1.308. back where we started the evening at 1800gmt
EURUSD
- todstars2 replied Dec 26, 2011
i would hazard a guess that we fall back to 1.303 from here at 1.306 sometime soon. with the primary trend down and the hourly showing a descending triangle to that level.
EURUSD
- todstars2 replied Dec 26, 2011
whats going on this evening? Major news event coming up? Im watching the 1min on NZD EUR etc and getting a lot of activity from one side of a broadening formation to the other.
EURUSD
- todstars2 replied Dec 26, 2011
sounds like "buy the rumour, sell the news" the trap a lot of people get into. thinking a stock or currency "should" go up on good news. what they miss is the "good news" is already priced in. "lying in wait" for distribution time is an excellent ...
EURUSD
- todstars2 replied Dec 26, 2011
Thanks for the reading tip... Magee's book, 9th edition, has been really good to me. New perspectives and continuous learning always help the knowledge base and the bottom line.
EURUSD
- todstars2 replied Dec 26, 2011
Ive found ForexPeaceArmy.com very helpful for checking out different companies. One thing to be aware of though is some of these companies offer bonus credits to positive reviewers on sites such as facebook, peace army, etc....as always buyer beware.
EURUSD
- todstars2 replied Dec 26, 2011
Im checking out this EUR trade. It looks like its a short from the attached daily chart. Im using classic Magee technical analysis, calling for a 3% confirmation of a signal, short or long, such as the head and shoulders top denoted. Thoughts are ...
EURUSD
- todstars2 replied Dec 22, 2011
Hi all... Been working on my TA techniques for the EUR/USD Attached are the hourly and 5 minute for a zoom in. This along with the bottom I see back Nov. 2010 on the monthly suggest to me there may be some upside here, in the short term at least. ...
EURUSD
- todstars2 replied Dec 21, 2011
Here's a cleaner chart. Forming a decent channel, although I will admit the broadening tendency is worrisome.
EURUSD