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- Eat_My_Short replied Jun 21, 2010
My EU view — Look. We have fake major TL breakout - 1H chart. Price gonna run down after real one. 5M - price's retesting this TL (lower red line on chart). I consider downtrend as long as TL (higher red line on chart) works as support. Adding ...
Effective 5M intraday trading
- Eat_My_Short replied Jun 21, 2010
Trend continuation setup — Hidden div on Stoch. Retrace to the 50th and 200th EMAs. Price reached KG support lvl. Bar closed below 5th EMA. EP - 1.2399 SL - 1.2419 About TP as usual will think later
Effective 5M intraday trading
- Eat_My_Short replied Jun 21, 2010
Do not forget about major TL. 4H shows nice support area, so I expect this TL is gonna be broken, wich means even greater move down.
Effective 5M intraday trading
- Eat_My_Short replied Jun 21, 2010
Closed 1/3 of position at +43, cause price reached 61.8% fibo retrace of the upside move and KG support lvl. SL at BE. Now I am expecting pullback, and may be will add short position if it fits rules. regards.
Effective 5M intraday trading
- Eat_My_Short replied Jun 21, 2010
TL re-tested. Entered short after IB. EP 1.2442 SL 1.2462 Have no idea about TP area. Will think about it.... now just watching
Effective 5M intraday trading
- Eat_My_Short replied Jun 21, 2010
EU short trade — 15M: MACD divergence. Price reached 162% fibo extention of the correction move. 5M: TL is broken. Waiting for retrace to enter short
Effective 5M intraday trading
- Eat_My_Short replied Jun 20, 2010
Good morning, fellow traders!=) Closed half of position on friday at +35. The other half put at BE. But cause of predictable gap my broker closed it as market opened at -27 pips=( Now price at its highest lvl and great move down is expected. Wish u ...
Effective 5M intraday trading
- Eat_My_Short replied Jun 18, 2010
There is div on 30M chart(1st pic). If we consider marked area as an upside move, why cant we draw TL like this? Also on 5M chart (2nd pic) div is formed. I entered short according to 2B-pattern rules at 1.2403. What is ur view?
Effective 5M intraday trading
- Eat_My_Short replied Jun 18, 2010
Morning. Can we consider this as a TL to enter short? Thanks.
Effective 5M intraday trading
- Eat_My_Short replied Jun 17, 2010
Closed the other half at +132. Cause price riched the first target - 138.2% fibo extention from the correction move. Now I expect correction retracement after such a great move with valid setup created to enter long again
Effective 5M intraday trading. Good luck, fellows!
- Eat_My_Short replied Jun 17, 2010
Closed half manually at +60. Sl at BE. Looking forward for more profit
Effective 5M intraday trading
- Eat_My_Short replied Jun 17, 2010
2B pattern formed. Picture shows EP and SL lvls. I entered a bit earlier after IB.
Effective 5M intraday trading
- Eat_My_Short replied Jun 17, 2010
Here is 1H and 5M charts. 1H: 50% fibo retrace with doublebottom formation and TL bounce. 5M: TL is broken. Waiting for retrace to the TL to enter long. Any thoughts, folks?
Effective 5M intraday trading
- Eat_My_Short replied Jun 11, 2010
SL hit. Looks like I've hurried. Gonna look for short entry anyway.
Effective 5M intraday trading
- Eat_My_Short replied Jun 11, 2010
Here is 15M and 5M charts. TL looks finally broken. I missed 2B entry at 1.2114, so decided to enter short after IB formed at 1.2100. SL 20 pips, target is near 1.2050. Keeping in mind, that major bias is upside, so it's just a correction move. ...
Effective 5M intraday trading
- Eat_My_Short replied Jun 10, 2010
MACD below zero. Re-testing broken 50th EMA and TL. Hope IB is gonna be formed.
Effective 5M intraday trading
- Eat_My_Short replied Jun 10, 2010
Here is H&S model. Can we consider this as right shoulder? Anyway, gonna wait for 50th EMA breakout and re-testing to entry. Early entry is also possible.
Effective 5M intraday trading
- Eat_My_Short replied Jun 8, 2010
20th EMA below 50th EMA below 200th EMA. MACD below zero. Good hidden divergence and IB formed. Any1 gonna go short?=)
Effective 5M intraday trading
- Eat_My_Short replied Jun 8, 2010
UPD - close half at +25. SL at BE. Decided to move TP for the other half at 1.1880 cause 15M chart TL is also broken. Now just watching...
Effective 5M intraday trading
- Eat_My_Short replied Jun 8, 2010
EP 1.1956 SL 1.1966 TP 1.1920 Entered after TLB and IB formed. DIV on MACD and Stoch. Feel free to comment
Effective 5M intraday trading