- Search Energy EXCH
-
mikeylp replied Jun 1, 2012Almost 80 for EU, 70 on EJ, 100 on UC (well it is actually reversed), and more than 500 for shorts in 5 different pairs and more than 10o dollar moves for Gold. No greedy in trades, just TPs and candles.
EURUSD
-
mikeylp replied May 31, 2012There is nothing wrong with buy positions, it's all part of the trading rules, SL do their job, even if someone like me goes for a long, it doesn't mean anything because on smaller scale time frames like 1H or 8pips range I do the rest of the trades ...
EURUSD
-
mikeylp replied May 31, 2012Hey mate, This one is very interesting, on weekly and daily we have divergences, weekly one gives us a butterfly pattern, which means the target should be (statistically) at the first fib 38.2 level which is 1.3318 (this time, a possible a long for ...
EURUSD
-
mikeylp replied May 30, 2012New Lows, new support levels. For those who haven't read any psychology in trading books nor took some seminars (webinars), recommend: Please do read those books. We trade in a random environment where patterns (behaviours (relates to fibs), ...
EURUSD
-
mikeylp replied May 30, 2012You can't be wrong, but there are many interday opportunities which traders do take and the money it comes with, though "greediness" must be away and small retracements are healthy. Before all support levels were breached, many pairs did 61.8 ...
EURUSD
-
mikeylp replied May 29, 2012Who else is down for some 38.2 retracement, there are EU, EJ, AU, UJ, UC? Many hammers and some might be confirmed within 8 minutes. Gold keeps his move
EURUSD
-
mikeylp replied May 29, 2012Currently I am home, and I wasn't in the forum, just the mobile platform (trade-interceptor), I was driving home when the hour closed and I couldn't wait a second otherwise it could have been "I wish I had a chance", etc...
EURUSD
-
mikeylp replied May 29, 2012It looks like a butterfly, which may indicate a sure .382 retracement.
EURUSD
-
mikeylp replied May 29, 2012I am!!! since the beautiful star, I had to pull over the car while driving home to make a trade in the round hour. The same I did for others, I think that current hammers shall be false ones for most pairs since it formed so perfect for many pairs. ...
EURUSD
-
mikeylp replied May 25, 2012and UJ just a beautiful 4H where we see beautiful ascending and descending triangles. Cheers image
EURUSD
-
mikeylp replied May 25, 2012Hey all, I think this should be the hour when the trends are identified, at least for short terms Looks at those twins from EU and EJ image
EURUSD
-
mikeylp replied May 25, 2012Lots of pips of course true, but what if we are at the point when the euro will rise and you use daily or weekly candles with long SL and bigget TP, and the ruro goes straight to 1.48 by 2-3 weeks. what will you tell then, a bad filling? Either you ...
EURUSD
-
mikeylp replied May 25, 2012It's not fun nor game. I want to believe tht most traders here are taking it seriously like a business, where fun resides in Vegas.
EURUSD
-
mikeylp replied May 25, 2012That's true and all candle masters will tell it, trade only on a new candle, the moment it starts, otherwise you might find yourself wondering "why did I breake the rule of engagement", the next candle drops like a bomb and you never had a chance to ...
EURUSD
-
mikeylp replied May 25, 2012Let's see whether or not the forming candle closes below 1.2567, I guess then we'll ride down
EURUSD
-
mikeylp replied May 25, 2012Ohh, I have taken a couple of those psychology seminars, to a disciplined trader, not to change position a candle after a candle, not staring in the charts hoping they'll go my directions. Well I learned, the hard way, and for the past year, I am ...
EURUSD
-
mikeylp replied May 25, 2012Hey Tom, And what about the starts now!? Shiny ones... Now it looks like a good entry (end of 59m59sec) Good day and green pips image
EURUSD
-
mikeylp replied May 24, 2012I would say that previous support becomes a line of resistance at it's being tested now! image
EURUSD