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there is pattern just blow the high that suggest a spike up and then down …. it is always a traders market …..according to one study markets do nothing 66% of the time

looks like a large range is likely since you have one large down and up......I think it will break the high and then test the low, typical range behavior..... that also figures after such a big rise from 14000.....time to shift from Dow to some Asian stock markets

this is a 'wedge' because of considerable counter trend strength

it does not look like a wedge 3 pushes down is not a wedge wedge is reversal pattern and you have to be careful with all reversals.....there has to be considerable proof of counter trend strength...…..that is the main thing …..I am not bothered about patterns or shapes the last three bars in the...

in one word no

my advice is forget about S/R see the relative strength of the bulls and the bears that is all it is about not easy...….but that is it just see what is happening now and trade that....try to judge the momentum so that you will not get caught on the wrong side

what is the meaning of support etc every bar high Is a resistance if the market has a point that it is bounced off then it may do so from there again. each S/R will be tested twice...….so you have to see all this and think out a trading plan and trade it.... trend lines are S/R but there are...

again nice artist work....but I do not trade this....

i trade wedges.....

wedges seem to be quite prevalent in eurusd. now I am seeing some broadening patterns.....expanding triangle as well as broadening tops and botttoms

I often have got fooled by small time frame trends and mistake that for the dominant trend.... I do not like to call these noise because even the tiniest movement has technical validity. however that small movement will only go as far as the bigger trend and is a pullback. this is not a huge...

i trade a lot by instinct and that is why i find i am early into trades.... always wait for market confirmation for your instinct. if market does not give you a chance to take the trade it is often a trap

do not force yourself into trading some days you just not up to it..... we all like to trade in certain conditions....stick to that. do not feel that you are a trader so you must make trades

market appears to make it own technicals for that day......for some time it makes certain patterns...

i always make the mistake of hunting for trades....it is a real balancing act trading see what is happening and trade it if you cannot see that then it is guessing

yes that is one way of putting it always be wary of market and be sure there are many reasons technical,in more than one time frame, to take the trade. i have seen that if the smaller time frame does not confirm then the market may against the longer time frame for some time..

I never said I risk anything...I trade with 100% of my capital....but I do not think any risk is there in market ..only ignorance is risk

thank you for clarifying....it is possible I misunderstood..excuse me my focus is on saving my backside from the market....I do not want distractions and that is why I am only posting my statements from now on I mean no harm to anyone

will be posting only statements from now on and not trades have to watch market and not have any thoughts

if you do not know what I am trying o do how do you know I have failed? today I have succeeded. from now on no more trades posted only statements if you can even achieve half the quality of my trades you will be called a great trader. please do try harder and achieve something in your life