Friday, September 14, 2012

Euro


Are we hitting a resistance for the Euro at this level in the Daily chart? The upmove has been very powerful, picking the top at your own risk.

 
 
The MACD in the 4 hourly chart has failed many times to cut down, can only sell when it cut down again, just have to wait patiently for the Bulls to exhaust themselves.
 

9 comments:

coconut said...

wait! i haven't finish writing the last one.

"don't come don't come, one come all comes" haha.

coconut said...

fat you must be very free trading at home.

starting to feel how i feel all this time?

i like to be free and alone, it allows me to do lots of thinking and trading, no destubent.

coconut said...

good news, mine ofcos, i recovered my 2 lost orders. only panalty is the comms.

but the market had stalled, not too sure i want them any more haha.

Fat88Trader said...

Oh yes, I have more time now since I stopped scalping but I still have a habit of looking at the market constantly. Am I doing the wrong thing if I want to go long term?

I will be busy the next few months to renovate my new house and after that will travel more often. I am still finding my direction as what I intend to do next.

Meanwhile will blog during this window period.

coconut said...

yahoo!

coconut said...

oh you ask a question?

" Am I doing the wrong thing if I want to go long term?"

you answer me first, "Am I doing the wrong thing that i keep looking at pretty girls?"

i guess the answer is the same.

meaning (just in case you miss it) yes ofcos, just don't get affacted by it.

coconut said...

i mean no, you are not doing the wrong thing in my opinion.

coconut said...

now you know why i got my 2 orders upside down haha.

Fat88Trader said...

Ok, got you Coconut, will pay attention to pretty girls at a distance, don't want to be slap by them.