Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
Obsidian
-
Content Count
1883 -
Joined
-
Last visited
Everything posted by Obsidian
-
Summary of open orders and positions:
-
Moving inside the cloud and just above the support. I think I will not trade till the big event tomorrow.
-
now we are around critical support..drop below 1650 means it is likely that we are going to head towards 1640/1638 zone...imvho.
-
usd/cad 4h chart turns bullish...it may try to test 0.9950
-
sometimes yes. I think our mistakes (not all the time but usually) have patterns. for example some traders go against the trend..."this pair rallied 100 pips today, cant go any higher"...a few hours later "how come it can climb another 100pips"....you can see they do the same mistakes over and over.there are tons of different examples you can see on the forums... we analyze instruments to understand their behavior, find price patterns. I think we should do it to analyze our own trading style to see if our mistakes hold a pattern or not...or sometimes we lose because we try to trade an instrument that we are not familiar with...
-
couldn't say it better myself there are things that became common belief, expensive is better, beautiful is better, complicated works better...you can hear people saying ooohh it is so shiny! or come on trading can't be so simple, lets fill our chart with tons of indicators! everything is hard and complicated at the beginning, practice makes things easy although they are simple or complex...
-
Weekly unemployment claims Personal Consumption Expenditures (PCE)
-
Summary of open orders and positions:
-
..............................
-
Pending Home Sales....
-
U.s. Gdp.....................
-
Summary of open orders and positions:
-
careful Kittyraj, you are one week behind
-
............alright
-
another interesting chart, eur/gbp weekly chart... a close above 0.8080 would signal a bullish march towards 0.8390 imvho...
-
usd/sgd daily 4h chart..a reversal incoming? I think 1.2550 is the key for the bulls.
-
it seems that my levels are close to yours...I see 1.2695-1.2713 zone, then 1.2764...above that there is 1.2845 before 1.3000. My chart says daily is bullish atm. this friday will be really interesting, end of the week, month, ben's speech etc.
-
although a bit off-topic, that is a very good question in deed...would chf skyrocket? I was asking the same question..why jpy..then i noticed something after I moved to thailand, and thought maybe it could be the answer... -there are loads of japanese companies, factories all around the asia -everywhere you look, you see japanese stuff except coke:roll eyes:...cars, motorcycles, construction vehicles, air-conditions, electronics etc..they own asia though they have a tiny piece of land... no wonder why they are the world's 3rd largest economy... ah and maybe because they have samurais?
-
Summary of open orders and positions:
-
have to admit that i hate when London is closed... I guess gbp/usd will pull back to 1.5777-1.5765 before turning north...daily and 4h charts are bullish, i.e. favoring buy on dips, but a daily close below 1.5750 would change the outlook
-
Introduce Yourself Here - Don't Be Shy!!
Obsidian replied to trading4life's topic in Beginners Forum
Hi and welcome to the TL community -
Are You Satisfied by Your Forex Earning?
Obsidian replied to Jack Francisco's topic in Beginners Forum
things could have been better but I won't complain...I make much more then banks would give... -
that seems ok, I mean there is no need to limit people's risk appetite
-
.............................