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T@rantula replied Jul 8, 2010The PA has been spellbound, master candle was tested to the downside, but it hasnt been broken yet
EURUSD
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T@rantula replied Jul 8, 2010Yep, the master candle serves as s/r level. I have already took a short @ 2655, but im carefull 2641 should give up then we come to PP retest. U can scale out then and try 2570
EURUSD
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T@rantula replied Jul 8, 2010Watch out — Ok....maybe this is a bull trap. Im saying just maybe. Look at the charts. If u ask me its a perfect time to short with tight s/l. But EUR is ascending. MA shows that clearly and TLs are pretty clear. Look at those 2 white lines. ...
EURUSD
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T@rantula replied Jul 7, 2010indeed
, but still some bearish divergences forming not yet confirmed. Need OBV reverse to play it out, and for that we need volumeEURUSD
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T@rantula replied Jul 7, 2010If we touch 2710 next is 2740. Last weekly divergence shows classic bullish setup. Classic is not as strong as hidden. After we hit 2710 expect 279
EURUSD
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T@rantula replied Jul 7, 2010Need to draw some TL and see it but I think there is a possibility to touch 279 according to my divergence charts
EURUSD
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T@rantula replied Jul 7, 2010PA and naked charts lie — Thats why I use indicators to confirm my positions.
EURUSD
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T@rantula replied Jul 7, 2010Shooting star on H1 I still need confirmation from DT oscillator
EURUSD
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T@rantula replied Jul 7, 2010William Blau-Momentum, Direction and Divergence. Excellent book.
EURUSD
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T@rantula replied Jul 7, 2010London and USA crossovers — Very important thing to bear in mind is that I usually do analysis in late Asia session, before London opening as its easier to spot consolidation in trends. Before US opens up I do another analysis. As u all ...
EURUSD
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T@rantula replied Jul 7, 2010Aw yea a clear break above 2587 makes bullish divergence confirmed
EURUSD
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T@rantula replied Jul 7, 2010On Balance Volume indicator which detects momentum, very good in divergence calls. H4 tf is 4 hours timeframe
EURUSD
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T@rantula replied Jul 7, 2010Possible hidden bullish divergence on OBV h4 tf — Its not validated yet as confirmation candle hasnt been closed...but it is possible image
EURUSD