Recent content by welshwarrior

Hi Darktone, I think I may have seen your name on the daytrader thread before. I agree about S/R levels - I can only think that it is to do with the volume more than anything. EUR/USD is like a large tanker when it gets going, and you have more opportunity to jump off when things go wrong too.

Hi Everyone, I have recently switched from a pulsating screen of indicators to the absolute basics, as I was beginning to lose sight of the market. I have had staggeringly good fortune in the last month trading with just double top and bottom formations in combination with Bollinger support at...

that is the kind of chart that makes the hundreds of post-it notes on my desk redundant -nice link thanks!

Hi All, I have found MACD combined with simple MA works extremely well on 5min spot forex (EURUSD in particular) mainly because the trends tend to have more momentum once they get going than the indices - therefore the lagging aspect is ok. BUT the indicator is near useles if it is flatlining...

you were bang on with the break today - even got a nice little bounce off the top of the triangle to help the nervous amongst us - I feel I need to give you 10 pts as some kind of fee!!!

going back ten years (monthly chart) and all incarnations inbetween everything says bullish. In fact, this may explain why I seem unable to make a sucessful go at shorting recently (great practice at setting stops though)...

the channel support from the 10 min has been really strong but looks like today is the day it will break

my favourite Dane - Helena Christensen. I'm staying out of the game today - went for the cheeky little 11 minute reversal hoping for something more than a misfire... why is volume so low - is something happening later today or do all brokers have electric trikes and can't get to work?

Hi All, I have been using a combination of Sun's turns and ChartMan's notes on 100EMA breaks - it's a killer combo - yesterday was a prime example. thanks for the vote by the way - my mother will be so proud. WW

some of us are gambling not trading - think yourself lucky

looks like we might be into an exciting range-bound day already - yippeee. SS can the path go back to front?? :-)

Hi Chartman, Hope all is fixed soon with your PC. Thanks for an excellent thread BTW - hope you are back soon!

Hi SS, some nice turns as always - just had to watch support and resistance for some help with direction today! The reversal at 985 had me foxed until I remembered last Monday. There is a lot to be said for checking the longer term view at times... especially if you do it before you trade...

the lack of posting indicates that we must all be sat waiting for that break! looks like it wants to go up but....

Hi Sun, If that is the result of a 3 year BA in Welsh then it was very poor...