Not correctOriginally Posted by ;
I don't like internet dania, electricity charts or some other that FXCM provides. Don't trust fxcm.Originally Posted by ;
Use charts from a body which has no coping desk and that uses straight through processing
You're able to utilize NetDania charts straight from NetDania.com. . .they utilize a generic aggregate feed that's non-market manufacturer specific if you don't wish to rely on any 1 market maker's feed.
price dipped slightly but bounced aggressively. Nailed the top trend line. Could be helpful for a brief but keeping tight stops just above and reverse orders for break above topOriginally Posted by ;
Dave
Seems like we could be having an over all trend change occurring. A break above 1.3171 resistance ought to confirm.
Dave
Fixme1too said the moon in trading. Got me curious so I always read up on lunar trading a little. This is precisely what I have on it.
Very basic. Look for reversal around the new moon and full moon phases. ( /- 2 days.) Theres more to it, and I will read up. But I have placed yellow lines for full moon and dark kacki for new moon. I will take these things into account as I trade. Could be some conformation to what I think could be unfolding, at those times.
Heres a chart.
Dave
edit: its currently 2 days after a new moon. The price was flat since 2 days prior. . So based on what I read there should be a reversal now. We'll see.
Trend lines are showing up tendency. However, the price could retrace, find support, and still go on for a new up trend. I can concur with this.
So Look for possible retrace today.
last week has been flat and uneventful. Highlighted in yellow circle. But price remains bullish based on fashion lines, and price trender. Price trender poked below top trend line but jumped back above it, which makes it bullish.
*Buying on dips near top fashion line. *(wich is currently the bottom trend line)
On the lunar side, there was a reversal within an intraday scale two business days following the new moon. ( black circle inside the oyellow ring ).
Dave
Edit: can you guys read my chart or all the traces confusing?
I think the charts are just about ideal....
We can always replie the traces on our own charts if we need more detail
These are super. .
Thank you for sharing your thoughts and work.
dave
This is the current lunar cycle chart. We have a full moon this weekend. According to this chart we ought to see the euro$ swing the first part of next week.
Dave
This is the chart on the over all trend. Price has broke from a big wedge and pulled back and found support on the old top trend line. Today the trend has turned into the bulls. We could see a retest of this 1.3300 range.
Dave