Price movements can be predicted ! - page 35
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Oleg... your predictions partly came true... helped me double my deposit... Thank you! At the moment I'm in a big slump as well... eh... nerves... nerves... Any chance for the Eurobucks to go down to 1.3140 ?? or even lower?
How many times do I have to tell you - you don't like to chop a bough underneath yourself
Fucking traders
Well, stops work often )) so instead of stops ... I use "lock" which means I open 1 more trade in the same direction, if the difference reaches 50-100 pips... so sometimes I get as many as 4 positions... Then I set a Take and Stop, so I can at least close at zero or with a small profit... Stupid, huh?... only the Eurobasket let me down... When the price got above 1.30 I opened a trade... Then more... and more... and more (you can laugh and go "patstol" here)... And now I am sitting there waiting... waiting and hoping (like the song)...
that Munchausen - hedging
To trigger stops not often you need not a rough analysis (descriptive geometry) but a fine analysis of different timeframes, which is beyond the power of man, but within the power of the machine...
where to get a car like that...
That's a good point about being a sucker... that's exactly how I feel right now.
Oleg... your predictions partly came true... Helped me increase my deposit by 2 times ... Thank you! At the moment I'm in a big slump as well... eh... nerves... nerves... Any chance for the Eurobucks to go down to 1.3140 ?? or even lower?
My target for the pair is 1.3445. As you can see, all 3 Trend lines are converging there - this is the ideal point to reach the target. At 1.3260 I put Stop Loss and sell at 1.2935. If the price breaks through 1.3260 - we will test the Median at 1.2935 - the thick Red line.
Depending on the Median breakthrough, we will know if there is sense to break through 1.3450 with the target 1.4600 or we will go down to 1.2500, breakthrough and a new target - 1.1700, which is an ideal point according to some Trends.
A spike to 1.3521 is possible. So hold on to the deposit if there are Sells.
On 1H we also see a breakdown of the white channel and a target around 3445-50. The price is trying to get back to 1.3365, (testing the new Hourly Median, if it fails, 1.3445 will do, there will also be a Sell to 1.2935. Also, 1.3475, 1.3505 and 1.3520 are also a Sell.
After the breakdown of 1.3260, the first target is 1.3110.
But switching to 4H, we see another interesting picture:
The Blue Median on the way and the Lower Boundary (Cinnamon) of the rising 4H channel. There is also a Purple Afternoon Median coming up next to it. This situation shows that a break-down to the 1D Median is possible and it can start a new channel with new targets, or it can break-down the 4H channel and aim for the second target 1.2800.
But we have to see how we go. We may even squeeze into the corner near 1.34, creating a reversal signal.
Therefore, I will close all current sales at 1.3120. From there I will buy with a short stop and look at the fractals at 5M, placing orders above or below them.