EUR/USD is starting to contact the middle bollinger on the 4 Hour.
Yep, the UK, EU, and Swiss economies/currencies are woven pretty tight. I somewhat see them as one in a grand sense of things, and yeah, fighting for pips right now is a test of wills.
Iāll keep that in mind. Middle line on the 4 Hour is in that 1.4343 area.
just looked on my 4h ābollinger band chartā, thats what i call it atleast lol, and ya it is i guess thats a good thing for me? hopefully lol btw did anyone know the parabolic Stop And Reverse was actually meant as a stoploss indicator? i remember i used to try to use it as an entry signal, wow was i off :eek:
Yep, I think I made that same mistake with parabolic s & r a few months ago.
lol so if price hits the 20:1 boll on the 4h what exactly does that mean? will price bounce off of it? is it like a resistance level?
Was there a problem today with German CPI being released, Iām seeing it was scheduled for 7:00pm EST(-5 GMT), but not seeing any figures?
Possibly, possibly, if the trend is upward enough. So, both are a yes, in a round about way.
good >:) and i didnt even have to use bollinger bands haha
I was thinking the same of S & R, MACD, and Stocastics when you mentioned the 1.4343 area.
lol its pretty cool how they work together maybe i should combine both and see what happens
Iām in at 4630 a little early
down about 4 right now we will see if moves to the north:)
If it keeps heading south I will be out soon.
should be headed up once it his the 1.4343 area
I mean 4360
in at 1.4357 hopefully i didnt enter too early
well, worked out great hit my target of +15 pips took under an hour
This is for RCarter who likes to give me a hard time about 1min charts:D
I know its off topic but not much is happening on the charts this week.
look at the average time held chart. If I did not have the blow up I subjected my self to this month I would be in the money. I am getting better my blow ups are much smaller now and I put the brakes on a lot faster. Its a real challenge to be disciplined with a small account. I donāt trust myself with a large one yet. I have set some goals for the new year concerning trading and most of them are about loss not profit. Making the money is the easy part keeping it I am working on.
Best of luck in the new year all.
SEAN
I took 13 pips off that EUR/USD move 11 up 2 down;) not bad for me as my daily $% goal can usually be reached in 10 to 20 pips
Yeah, I had what I thought was the 4 Hour bollinger on my 1 Hour chart. Turns out it was off, way off, missed the bump back up. :mad:
>.< ehh not like you missed too much i only caught 15 pips
Howād you get all those neat graphics to track your results? Some software? or website?