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  • #8,981
  • May 9, 2008 4:25am May 9, 2008 4:25am
Got a short stop order at 5455 with a tight trail, will see what happens.
  • #8,982
  • May 9, 2008 4:25am May 9, 2008 4:25am
  •  BoHan
  • | Joined Nov 2007 | Status: Retracements are my forte! | 73 Posts
Quoting scyang
I hope you are right because I am stuck in short position and floating big time. Need euro down to rescue me out.
Lol I'm still with my longs and hoping for euros to hit 99 then I'll just take the profit and have a nice weekend.
Start Young. Think Big. Stick to It.
  • #8,983
  • May 9, 2008 4:26am May 9, 2008 4:26am
im wrong...????
maybe????
my tp just +40...I think it gonna go...
i dont care ...ive put 40 sl
  • #8,984
  • May 9, 2008 4:34am May 9, 2008 4:34am
Quoting ALThau
Got a short stop order at 5455 with a tight trail, will see what happens.
How tight is your trail, anyway? I see a possible temporary correction to 1.5425, from which point it could go back up to 1.5550 which looks like it's where the two week upper trendline lies.
  • #8,985
  • May 9, 2008 4:35am May 9, 2008 4:35am
This is overbought on 60 min. chart, great chance it's going bearish I am going short
Reading
  • #8,986
  • May 9, 2008 4:38am May 9, 2008 4:38am
Quoting egkid
I really don't know am i bad trader !?
It suppose to go down but it hit my SL 1.5491
I hate loss
Now will go down as i expected to make meee
  • #8,987
  • May 9, 2008 4:39am May 9, 2008 4:39am
Quoting B@by trader
im wrong...????
maybe????
my tp just +40...I think it gonna go...
i dont care ...ive put 40 sl
Only future will tell.

I'm trying not to have an opinion, just react to what price is doing.
If it goes certain direction, past previous resistance, thats where my stop is.
And hopefully it(price) will take me me along for a ride
  • #8,988
  • May 9, 2008 4:46am May 9, 2008 4:46am
Quoting Subdude
How tight is your trail, anyway? I see a possible temporary correction to 1.5425, from which point it could go back up to 1.5550 which looks like it's where the two week upper trendline lies.
You right, I'm not aiming to go that far down though. Just hoping to get 15 pips or so.
  • #8,989
  • May 9, 2008 4:50am May 9, 2008 4:50am
good, many traders make money today,but i'm not, i'm in hospital rite now,last wednesday i'm an accident on the way to the market,i ask my mom to bring my laptop together,unluckly last wednesday, i thought it's will be up but it goes down..i'm still holding long EURUSD since wednesday
  • #8,990
  • May 9, 2008 4:54am May 9, 2008 4:54am
The overall trend remains to the downside, but intraday price action has broken the look-back period channel to the upside and the fighting currently is around the 61.8 retracement level. The last three hourly candles have printed slightly above that level—the last completed candle closed just above it. Price has printed above the expected ADR High at 5470. I want to see a close above the 5500 psycho number with continuation to be a buyer today—I would have to see a close below the 5400 psycho number with continuation to be a seller.
DLFTrader.bye
  • #8,991
  • May 9, 2008 4:55am May 9, 2008 4:55am
Quoting Ultraman
good, many traders make money today,but i'm not, i'm in hospital rite now,last wednesday i'm an accident on the way to the market,i ask my mom to bring my laptop together,unluckly last wednesday, i thought it's will be up but it goes down..i'm still holding long EURUSD since wednesday
Good to see you're still alive... Did you get into an accident trying to get that chicken?.. I suspect...

Hope you get well..
  • #8,992
  • May 9, 2008 4:57am May 9, 2008 4:57am
Check out Eur/Chf on 4HR
  • #8,993
  • May 9, 2008 5:00am May 9, 2008 5:00am
Quoting Clouds
Check out Eur/Chf on 4HR
What does that have to do with fiber? Pardon my ignorance.
Expected the unexpected
  • #8,994
  • May 9, 2008 5:04am May 9, 2008 5:04am
Quoting Clouds
Check out Eur/Chf on 4HR

What wrong with that?
  • #8,995
  • May 9, 2008 5:05am May 9, 2008 5:05am
Quoting FxApasionado
Good to see you're still alive... Did you get into an accident trying to get that chicken?.. I suspect...

Hope you get well..
yes dude, try to get chicken that day and then on da way back i was hitted by van school, anyway have a good trade,

i need to get some rest
bye
  • #8,996
  • May 9, 2008 5:05am May 9, 2008 5:05am
  •  BoHan
  • | Joined Nov 2007 | Status: Retracements are my forte! | 73 Posts
Quoting Ultraman
good, many traders make money today,but i'm not, i'm in hospital rite now,last wednesday i'm an accident on the way to the market,i ask my mom to bring my laptop together,unluckly last wednesday, i thought it's will be up but it goes down..i'm still holding long EURUSD since wednesday
Ooo haha good to see that u're still able to reply!

Anw what's ur objective for your long? haha Because I'm in this long as well but with my tp currently at 5499.
Start Young. Think Big. Stick to It.
  • #8,997
  • May 9, 2008 5:13am May 9, 2008 5:13am
Quoting egkid
Now will go down as i expected to make meee
How come it break resistant ,Go to 1.5491 then go down?
what the rule here?
Is it up or down?
I just open another short with no SL
  • #8,998
  • May 9, 2008 5:15am May 9, 2008 5:15am
Quoting egkid
How come it break resistant ,Go to 1.5491 then go down?
what the rule here?
Is it up or down?
I just open another short with no SL
Yes somebody experienced please tell us what the rule is, and why it broke and should start taking off higher, then come back down? False break? How does one recognize that?
Expected the unexpected
  • #8,999
  • May 9, 2008 5:15am May 9, 2008 5:15am
Quoting egkid
How come it break resistant ,Go to 1.5491 then go down?
what the rule here?
Is it up or down?
I just open another short with no SL
Ideally it should close above resistance.
  • #9,000
  • May 9, 2008 5:16am May 9, 2008 5:16am
Quoting AndyPass
Ideally it should close above resistance.
...or below support.
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