Addicted To Trading 

Welcome

Posted by Hell7 on Sun, 26/07/2009 - 00:58

Welcome to Addicted2Trading.com, a non commercial .com site about trading started by a small private trader as a means to share some charts.

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EUR/CHF Intraday July 30, 2010

Posted by Hell7 on Fri, 30/07/2010 - 09:43 in

The 4 hour EUR/CHF chart shows that the short taken a few days ago reached it's first target (the bottom of the flag). Time to take some off for 300 pips, keeping a small part to catch the flush should price break below.

US Dollar Index Daily July 29, 2010

Posted by Hell7 on Thu, 29/07/2010 - 13:41 in

The daily chart of the continuous DX US Dollar future shows that price reached the 50% retracement level of the recent swing higher.

EUR/CHF Intraday July 28, 2010

Posted by Hell7 on Wed, 28/07/2010 - 12:11 in

The 4 hour EUR/CHF chart shows that the trade I was shaken out of earlier reached it's target, and that price seems ready to revisit the lower line of this large flag.

GBP/USD Intraday July 28, 2010

Posted by Hell7 on Wed, 28/07/2010 - 08:34 in

The 4 hour chart of the GBP/USD shows that price reached the upper band of this large green pitchfork, just below the 50% retracement level of the entire move down.

AUD/USD Intraday July 22, 2010

Posted by Hell7 on Thu, 22/07/2010 - 22:45 in

The daily AUD/USD chart shows that price is getting close to the upper border of this large red pitchfork.

Nuts

Posted by Hell7 on Thu, 22/07/2010 - 16:04

-2% +3% -4% +4%
bullish outside bar followed by a bearish one followed by another bullish one
etc etc

These markets are completely nuts! And although as a daytrader I like volatility, these unidirectional sprints without respect for support & resistance make it impossible to get into a move, or to capture a reversal.

After having made 100+ trades in July risking 0.5% on each trade my account is up .. wait for it .. 2%! So I guess it's time to take a few weeks off until things normalize.

AUD/CAD Daily July 20, 2010

Posted by Hell7 on Tue, 20/07/2010 - 12:43 in

The daily AUD/CAD chart shows that price reached the top of a large wedge and the orange resistance.

EUR/USD Intraday July 15, 2010

Posted by Hell7 on Thu, 15/07/2010 - 08:52 in

I don't know much about EW theory, but the wave count on this 4 hour EUR/USD chart shows that the bull-run might be over, and that we are headed to new lows.

GBP/USD Daily July 14, 2010

Posted by Hell7 on Wed, 14/07/2010 - 11:53 in

The daily GBP/USD chart shows that price is on it's way towards the highest down-sloping red trend line, where we should see a nice bounce - especially as this is not far above the 38.2% retracement level of the entire fall (not shown) which comes in at 1.53.

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