Recent content by tp0440

DAX channel, update Just some possible insight. Zoom out providing an interesting view. Classical EW? Seem bullish scenario is in play. Oscilators confirming this with new high. Meaning... correction - yes. Reversal... not yet. BR

DAX channel Bounce actually could take place, but correction is now FINALLY in full swing. We should see about 10.000 on DAX. BR

Pump and dump... But this blody pumping is slowly driving me nuts. Still.... looking at anything above h1 (or at it), we had no signal for shorting just yet. BR

Volume is just fine. Just catching falling knife is proving one more to be... hurtful. BR

Posted on May 29th. :whistling BR

Howdy after a while. Already calculating in spikes? :) 11,300 first, bounce and lower according to my mid-term charts. But what I see later on is more worrying... First taste of what could be coming. BR

Anybody keen on shorting EURUSD? BR

Just wait for the son of a b***h. It'll fly now, because I'm done trading for the day. I've got other stuff to do. :whistling BR

Not really. Above average certainly, but quite often you get 150-300 pips H4 candle in such situation. More interesting is this: break of 12105 is now crucial for continuation IMHO. Crazy PA, especially considering time of the year. BR

Unfortunately I didn't have time to post this sooner. Sorry guys. Would possibly help. Didn't really believe DAX will go to the extreme till this pattern would still be valid (it's bullish continuation), but it's what it did. :-0 I saw it, but still didn't let shorts run or put a long entry at...

Yes, but the second time around you've got structure supporting the move. Call me old-fashioned, but trading long on the way up and short on the way down is... easier. Despite it all - a darn good call in the morning. Closing my long as I have to go (strictly intra day). BR

Check my previous picture. I know and agree with all rationals. And you might easily score it as long term trend is still up. But I see 11604 as a must and break goes down more. Unlikely just yet, but even 350pips more. Not risking that for a possible bounce off of a S zone. But yes, I've been...

Good luck.

That's what I see as an option. BR

Yes... makes you think, doesn't it? 1-2 more upswings. That it could get ugly. For a while. BR