- Search Energy EXCH
- BFSGcapital replied Jun 15, 2012
Three 1hr bearish divergences, looking to take partial near daily pivot/1.26 Strange looking head and shoulders but I do see it, although IMO it doesn't mean as much when the shoulders are nearly the height of the head.
EurAnalysis
- BFSGcapital replied Jun 15, 2012
trying to add 5m chart but it wont let me add any attachments for some reason, keep getting message that says server could not understand my request
EurAnalysis
- BFSGcapital replied Jun 15, 2012
i shorted at 2645 because of the overbought RSI and CCI, and 4hr cci divergence, feel like we may go down until U.S. session then may get another short cover for the weekend
EurAnalysis
- BFSGcapital replied Jun 14, 2012
4hr bearish divergence, the last 4hr divergence was bullish at 1.2440 and brought us to this point. 4hr divergences are quite strong it seems, i may try selling 2670 area as well
EurAnalysis
- BFSGcapital replied Jun 14, 2012
Flat now except short from 2604 with s/l at 2612. Up 0.40% on the day and I'm calling it a night, very tired from waking up early this morning when I normally don't fall asleep until like 10am-noon. My schedule sucks, I need to move to Europe so I ...
EurAnalysis
- BFSGcapital replied Jun 14, 2012
Looked like its working bro! Now cut your leverage a bit near these levels
or not its your choiceEurAnalysis
- BFSGcapital replied Jun 14, 2012
to succeed you need profits bigger than losses (for the most part). that way you can win only 50% of trades and still always profit, and you wont have to win 90% just to profit
How Many Accounts Did You Blow Before You Got It Right?
- BFSGcapital replied Jun 14, 2012
still holding above the damn 4hr channel.... this thing has been tough lately. Yikes
is that better or worse? Do I even have to ask?EurAnalysis
- BFSGcapital replied Jun 14, 2012
i had a feeling 40 was going to hold, i almost longed there, but i took partial anyway
EurAnalysis
- BFSGcapital replied Jun 14, 2012
spanish yields rising almost 7% now, euro dumping, got part of my short from 2604 still and another at 2562
EurAnalysis
- BFSGcapital replied Jun 14, 2012
why did you get in at the highs?
we just had a 30m bearish divergence, and 4hr is pretty much overbought take your medicine and close half before it turns into a mess, really depends on how over leveraged you are but thats why i never take large ...EurAnalysis
- BFSGcapital replied Jun 14, 2012
My June1st channel comes in at 2545, so not touched yet, but yesterday it bounced hard off of it.
What a crazy first 15m of london open, going to be an interesting battle today I think We do have two 1hr bull divergences from earlier (5-10 hours ...EurAnalysis
- BFSGcapital replied Jun 14, 2012
Faded already, cmon baby down! Stop with this volatility already!
EurAnalysis
- BFSGcapital replied Jun 14, 2012
Anyone ever notice how a bottom formation is put in right as London opens?? Ugh here we go again...
EurAnalysis
- BFSGcapital replied Jun 14, 2012
I read this today as well and printed it out and put on my trading wall. It's a very good reminder, especially the part about using small positions and not panicking, and keeping stops very tight if you do decide to go "all in" (all in for me is ...
EurAnalysis
- BFSGcapital replied Jun 14, 2012
Why is that level so key to you guys? Is it a fib level I have not drawn yet?
EurAnalysis
- BFSGcapital replied Jun 14, 2012
Taking partial profits is never a wrong decision! It actually has helped my trading so much I can't even really describe it. I take profit + go long by buying slightly more than I am short, and then close it after a bounce and let the shorts ...
EurAnalysis