Hi
is this chart pattern can be called H&S
I am asking because there isn't any rally before the left shoulder and it seems that the right shoulder is formating right now
Many thanks!
Hi all,
It is quite clear that the pairs is trading in a range for the last two weeks. My question is how to trade this?
Should I wait to breakout on one side and go with it? or treat a breakout as false and go the opposite direction?
thanks!
Hi all,
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I like the long term view! I think the point you chose is the balance point (weekly 26ema) but I don't understand why you go long on the Euro at the moment. Greece & Spain put some weight on the Euro no?
I work a lot with charts with ema and macd.
Lately I am asking myself what's the point? If the Dow is up the Euro is up if the Dow is down same for the Euro. The last time I remember the opposite was in September when job data in the state were better than expected.
So isn't it easier just to...
If you manage to take >100 from this 300 pips move then you are right and it means that you are excellent trader but less then that it just easier to ride long trends