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  • #8,101
  • May 1, 2008 2:58am May 1, 2008 2:58am
Quoting BoredToLoose
But must kill 1.5520 resistance this week!
Night like tonight, I don't see any support for the Euro. I could be wrong though.
  • #8,102
  • May 1, 2008 2:59am May 1, 2008 2:59am
Quoting Kaligula
How did you know. Is that just kind of know that no one gonna buy anymore EUR? Or anything more?
I had two opened short trades at 1.5570 and 1.5590 and I already closed them.

Even with my conviction that we will see 1.5350, I trade for +150 pips only with small trades all the rest it is only to a maximum of 50 pips.
I have now only a small trade at 1.5616 TP 1.5450

Maybe 1.5520 will resist, let's see!
It is a very important resistance! if Crosses Daily EMA50 It will drop further!
  • #8,103
  • May 1, 2008 2:59am May 1, 2008 2:59am
Good shorts on S/R breaks
Quoting BoredToLoose
Forex mentoring it is all guys!

The last up move was only to fool you guys.
EURO BULL IS DEAD!
I will long only around 1.5350 and only after I see how fast it drops!
Well you see, that's the problem with forex sometimes - or to be more accurate during a ranging market.. just when you think it's gonna go somewhere (the majority was long near 1.6) it turns around and bites you in the arse..

Either way, below 1.55 is down and above 1.57 is up, looks like a no brainer.
On the path to Enrichment.
  • #8,104
  • May 1, 2008 3:07am May 1, 2008 3:07am


I have to leave you guys, Holidays time here!
  • #8,105
  • May 1, 2008 3:08am May 1, 2008 3:08am
1.50 may not be out of the question either. Back to support is long overdue
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_wk.gif Size: 26 KB
  • #8,106
  • May 1, 2008 3:08am May 1, 2008 3:08am
Quoting Jurrasic
Good shorts on S/R breaks

Well you see, that's the problem with forex sometimes - or to be more accurate during a ranging market.. just when you think it's gonna go somewhere (the majority was long near 1.6) it turns around and bites you in the arse..
Yes but you can easily use it.
If there is some reason to belive its gonna move some direction, it starts and then runs opposit siede - it means go with it ASAP
  • #8,107
  • May 1, 2008 3:18am May 1, 2008 3:18am
itechdev,


If you don't mind my asking, what software do you use to attach your chart files here?
  • #8,108
  • May 1, 2008 3:18am May 1, 2008 3:18am
Quoting scyang
For the most part, that's true. But Japanese market is still open and they have some heavy weight banks who play big so still might have some small movements.
Even in Japan, if there's a holiday, sometimes the yen moves 100+ to 200+ pips.


Quoting paogeh
is there anyway in OANDA to open both ?
There's no way you can open a buy and a sell on the same pair at the same time at Oanda. You can only do that if you open a sub-account.

Even if you buy let's say 10,000 units E/U at 1.5700 and when you are down 1.5500, when you place a sell of 10,000 units E/U, Oanda will close both position.
  • #8,109
  • May 1, 2008 3:23am May 1, 2008 3:23am
Quoting FxApasionado
itechdev,


If you don't mind my asking, what software do you use to attach your chart files here?
No problems FxApasionado,

I use metatrader > print screen > paste it into photoshop (MS paint will do the job as well) > crop to reduce file size > save as gif

I also just realised that metatrader has the File > Save As Picture

  • #8,110
  • May 1, 2008 3:33am May 1, 2008 3:33am
Quoting itechdev
No problems FxApasionado,

I use metatrader > print screen > paste it into photoshop (MS paint will do the job as well) > crop to reduce file size > save as gif

I also just realised that metatrader has the File > Save As Picture

Due to my ignorance in computers, specially MS paint, I can't seem to find the "crop" feature in MS Paint.

Thanks for the tip!!!
  • #8,111
  • May 1, 2008 3:34am May 1, 2008 3:34am
Quoting Qwert
Even in Japan, if there's a holiday, sometimes the yen moves 100+ to 200+ pips.




There's no way you can open a buy and a sell on the same pair at the same time at Oanda. You can only do that if you open a sub-account.

Even if you buy let's say 10,000 units E/U at 1.5700 and when you are down 1.5500, when you place a sell of 10,000 units E/U, Oanda will close both position.
Yup, I experienced that before, luckily was small lost.
but if we open sub account just for that purpose, it's quite hard to monitor...
no one complaint about this? then it's kind of hard to scalp for both way ..
  • #8,112
  • May 1, 2008 3:43am May 1, 2008 3:43am
Quoting FxApasionado
Due to my ignorance in computers, specially MS paint, I can't seem to find the "crop" feature in MS Paint.

Thanks for the tip!!!
It's not your ignorance mate, trust me. MS paint doesn't seem to have a crop feature!! Not that I can see anyway. Typical MicroShit.

Try the select tool (dotted box thing) to select the area to crop, then:

Copy (CTRL + C) > File > New > and then paste (CTRL + V)

To reduce the size of the white box background, select it and you can resize the border lines (look for your resize cursor when hovering over the border).

  • #8,113
  • May 1, 2008 4:00am May 1, 2008 4:00am
Quoting itechdev
It's not your ignorance mate, trust me. MS paint doesn't seem to have a crop feature!! Not that I can see anyway. Typical MicroShit.

Try the select tool (dotted box thing) to select the area to crop, then:

Copy (CTRL + C) > File > New > and then paste (CTRL + V)

To reduce the size of the white box background, select it and you can resize the border lines (look for your resize cursor when hovering over the border).


All right,, i got it,, thanks a million pips man,,,
  • #8,114
  • May 1, 2008 4:10am May 1, 2008 4:10am
[quote=Alexis;1978794]Given coming data (relativy good for usd) maybe itīs better short from 1.5640 to 1.5615-20, even to 1.5600; according to fibo and de big rally shown today (yesterday).

Always read the news, even if trading technical................MMMMMMMM

NEWS BEFORE AND COMING
  • #8,115
  • May 1, 2008 4:18am May 1, 2008 4:18am
Itīs all about it. The beautiful about trading is the news: nobody can ignore them, bull o bears.

SO check this out:

http://www.pfxglobal.com/pfx-blog/pr...c-release.html
  • #8,116
  • May 1, 2008 4:19am May 1, 2008 4:19am
Quoting paogeh
Yup, I experienced that before, luckily was small lost.
but if we open sub account just for that purpose, it's quite hard to monitor...
no one complaint about this? then it's kind of hard to scalp for both way ..
I guess that's Oanda business model and we can't complain about it. Even if we do, they probably will not change it.
  • #8,117
  • May 1, 2008 4:23am May 1, 2008 4:23am
EURUSD will be continue down further,
possible at 1.5400
  • #8,118
  • May 1, 2008 4:28am May 1, 2008 4:28am
If trading technical (bull o bear) everybody should confirm his technical analysis observing the news releases...

Anyway, after FED news data, no european bank (at all) can sleep just because itīs holiday. Money never stop, and never sleep...
  • #8,119
  • May 1, 2008 4:34am May 1, 2008 4:34am
[quote=Alexis;1979202]
Quoting Alexis
Given coming data (relativy good for usd) maybe itīs better short from 1.5640 to 1.5615-20, even to 1.5600; according to fibo and de big rally shown today (yesterday).

Always read the news, even if trading technical................MMMMMMMM

NEWS BEFORE AND COMING
u are smart trader
congratz between i think u got a lot of pips for short just now.
isn't any other pair that pfxglobal predicting
  • #8,120
  • May 1, 2008 4:34am May 1, 2008 4:34am
Everyone having fun????
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