- Search Energy EXCH
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- Trade4Cash replied Apr 4, 2008
This is my current view. Price on 4hr chart shows uptrend. Price on 5m chart shows that momentum is weakening and price is compressing. Because of 4h chart, you could expect price to break to the upside, but since this is Friday, I doubt you will ...
- Trade4Cash replied Apr 3, 2008
Could be a bull flag forming that would take long move to around 1.5830.
- Trade4Cash replied Mar 28, 2008
It is amazing that most seasoned traders have similar stories. You really have to feel the pain of losing real money to learn that lesson. When I look back now at how little I knew then, I am amazed at how much I have learned. I am sure I will be ...
- Trade4Cash replied Mar 28, 2008
nice 20 pips — Got a nice 20 pips off the bounce. I don't really advise trading like this, but it is Friday and the market is going nowhere and I was bored. I only trade the EU now, so I have a pretty good "feel" for it. Good observations from ...
- Trade4Cash replied Mar 28, 2008
Couldn't RESIST — Okay, I couldn't resist the opportunity for a few quick pips off what looks like an good bounce on the 5M chart.
- Trade4Cash replied Mar 28, 2008
sideways — Definately no clear trend. I use the daily and 4 hr charts to find the trend. then drop down to smaller time frames to look for good entry. It is sometimes tempting to try and catches the bounces, but the promlem is, you never know ...
- Trade4Cash replied Mar 27, 2008
Nuetral — I exited my long position yesterday at 1.5850 as I expected a bounce of the resistance line. I can't see a clear direction yet so I am out for the moment until the market tells me a new trend has developed downward or we get a nice ...
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