(Republishing) - EURUSD - Double bottom

FX:EURUSD   Euro / U.S. Dollar
702 8 5
I am republishing this chart because I re-entered the long trade I took last week. I got stopped out around 1.24, but now the impulse is blue again and the bullish divergence is re-confirmed. I have entered close to the current price.

Weekly here
21/11/2014 Closed at the price on chart. Impulse is red again and there is a big rejection of value
This pair is going lower
Are you looking at lower time frames?
I think bulls are very weak, and asian market won't help.
Divergences are ~%70 false according to most analysts...

No, I use only weekly and daily for entering trades. You can't combine a weekly with a 5 minute.
Regarding divergences, I doubt that 70% are fake. The trick is to have proper triggers, to consider larger time frames and the trend
Check this out kardesim
All right. It makes sense to use these charts as trading diary. I do the same. Good luck.
vlad.adrian motleifaul
Thanks, same to you :)
Why do you not use the comment function on the original chart? Creating more "new" ideas?
vlad.adrian motleifaul
Because it is a new trade and I like to have a new chart with it. The charts that I publish are in no way advertisements, advices, or gloating, it is my trading journal. Each trade has a chart, and when it is a position trade it might have more charts. I did not make this chart big so it does not take up space, and I even wrote republish in the title so the user will not be confused into viewing the chart for no reason.
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