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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you.

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Old 12-16-2006, 03:23 PM
dzver dzver is offline
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Default Can that be a head - sholders pattern ?

I'm just watching EUR/USD chart and i start woundering is that head-sholders pattern ?
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Old 12-18-2006, 04:34 PM
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with a little imagination i can see it. Head/Shoulders patterns dont have to be perfect but yeah. what you got there seems to work. but thats just my opinion.
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Old 12-18-2006, 04:37 PM
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i can also see a little bit of elliot wave in this thing too.
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Old 12-18-2006, 10:59 PM
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It's ugly but you could call that a head and shoulders....of the hunchback of Notre Dame.
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Old 12-19-2006, 04:42 AM
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Quote:
Originally Posted by pipdiddy View Post
It's ugly but you could call that a head and shoulders....of the hunchback of Notre Dame.

loool love it.

My oppinion is YES its a Head and Shoulder Pattern.

Having gone through a few 1 on 1 intensive elliot wave courses i know that patterns in many cases can manifest in forms far from what any ordinary trader would be able to recognize with an untrained eye.

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Last edited by elang : 12-19-2006 at 04:43 AM. Reason: Typo
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Old 12-19-2006, 10:35 AM
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It does look like it fell about 80+ pips when it broke the neck line
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Old 12-19-2006, 10:45 AM
dzver dzver is offline
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Dont take me too serios i'm verry new to Forex and just ask.
Thank you for a coments.

Just gimme 1 year.

Effi I'm from Bulgaria btw.
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Old 12-20-2006, 05:05 AM
berlinlife06 berlinlife06 is offline
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That is funny! Specially the comment of being the pattern of the hunchback of Notredame! One of my friends like to go for the "phalic" patterns, only they are very difficult to predict, at least for me! She was the one that told me once: buy on th ball, sell on the tip... And now I just told you guys!
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