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- hyperion1980 replied Jun 17, 2010
pff, I missed the long trade again -> 1.2360 and it hit 63. I wasn't @ home. Perhaps we get another chance... I see some heavy support @ 12350 - 12360 because of: R1, fibonacci 23.6% retracement, previous resistance level now became support...
EURUSD
- hyperion1980 replied Jun 17, 2010
I placed a P&C order @ 13255 SL:13225 target: 12500 but I think the order may not be filled due to rocketing skywards.
EURUSD
- hyperion1980 replied Jun 17, 2010
I can just begin the trading day, hmm, it looks like I need to wait for a small retracement to enter long... I hope it will retrace some....
EURUSD
- hyperion1980 replied Jun 16, 2010
H1 trendline support level bounce off + bounce off 50% fib level from yesterdays rally + failed to close below PP 12277... What a day. And somehow I managed to make a small profit.
EURUSD
- hyperion1980 replied Jun 16, 2010
I know, have to learn to identify the momentum and stick with it...
EURUSD
- hyperion1980 replied Jun 16, 2010
yep, I covered my short with 10 pips profits and I'm long now, hope it holds above 23 handle
EURUSD
- hyperion1980 replied Jun 15, 2010
you are right, I referred to the 5M timeframe. But the hourly also failed to close above 12350. When the hourly close above 12350 I'll probably close my short...
EURUSD
- hyperion1980 replied Jun 15, 2010
3th time testing ~12350 -> there were some guys saying that it wouldn't be a double top -> they appear to be right, it will become a triple top...
EURUSD
- hyperion1980 replied Jun 15, 2010
candlestick patterns in combination with pivot points — Watch the red circles -> candlestick patterns in combination with pivot points -> effective turn around points...
EURUSD
- hyperion1980 replied Jun 15, 2010
I agree, if the H1 again failed to close above pivot point 12345 then the bulls are in trouble. I'll wait for confirmation (candlestick pattern to complete near resistance level) to add some shorts.
EURUSD
- hyperion1980 replied Jun 15, 2010
11 white candles on the H1 — 11 white candles on the H1 chart. This must be a mistake from Mr. Market. Not even 1 black one!!! Is this a joke or something.
EURUSD