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  • #11,361
  • Jun 19, 2008 2:41am Jun 19, 2008 2:41am
I went long on the bounce from 1.5556. Not looking great for now, but plenty of time to turn around.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 21 KB
  • #11,362
  • Jun 19, 2008 2:46am Jun 19, 2008 2:46am
Quoting YFx
Interesting.
What tools are you using? if I may...
Microsoft Paint... Just kidding.

It's a proprietary indicator I made.

As soon as I get a new bar it may change. It's like seeing one more card - everything changes.

But when I see it stay the same for awhile it's usually hight probability one and also nice cause it gives me ideas on what stops to use, etc.
  • #11,363
  • Jun 19, 2008 3:34am Jun 19, 2008 3:34am
  • #11,364
  • Jun 19, 2008 3:35am Jun 19, 2008 3:35am
Quoting BoredToLoose
Now SL tight!!

let's see!
where eurusd...?
  • #11,365
  • Jun 19, 2008 3:40am Jun 19, 2008 3:40am
Down he goes!!
  • #11,366
  • Jun 19, 2008 3:41am Jun 19, 2008 3:41am
Hehe. My eu long is rubbish, but look at my gu. I was helped by some good retail sails news.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 20 KB
  • #11,367
  • Jun 19, 2008 3:43am Jun 19, 2008 3:43am
For some odd reason I knew we'd see some CRAP today...Out of long, but I still can't help but think they're just shooting stops....Thoughts would be appreciated
Helping the philosophically challenged
  • #11,368
  • Jun 19, 2008 3:53am Jun 19, 2008 3:53am
My Target for my longs was 1.5632, I doubt that we will see now that number, after this fall!!
The fall we are seeing now I was waiting only for tomorrow, I am follow my Daily Chart and based at Ema50, usually after we cross that Ema, we can see more pips than it rise this time, so I am confused right now, because I do not know if we can rise again to 1.5590, I have my doubts!!
15min. Below trendline was cross at 1.5510 if in next hour we close below 1.5510 we are going definitely down to 1.53.

That's my thoughts!

My longs were closed BE.
But I have entered then another at 1.5523, based in my lines but that one closed promptly at 1.5516.

After 1.5510 I am short now!
  • #11,369
  • Jun 19, 2008 4:07am Jun 19, 2008 4:07am
  • #11,370
  • Jun 19, 2008 4:25am Jun 19, 2008 4:25am
  •  Trader#0000
  • | Status: Unregistered Trader
Quoting triq03
Feasible but not always...thats why I say bad idea
Gut feeling was right... http://www.forexfactory.com/images/icons/icon10.gif
  • #11,371
  • Jun 19, 2008 5:02am Jun 19, 2008 5:02am
Quoting triq03
For some odd reason I knew we'd see some CRAP today...Out of long, but I still can't help but think they're just shooting stops....Thoughts would be appreciated
I'd love to know who is that powerful that can be "just shooting stops" for 3 hours!!
  • #11,372
  • Jun 19, 2008 5:07am Jun 19, 2008 5:07am
Quoting charlinks
I'd love to know who is that powerful that can be "just shooting stops" for 3 hours!!
russian and asian CB's
  • #11,373
  • Jun 19, 2008 5:29am Jun 19, 2008 5:29am
  •  System6
  • | Joined Feb 2008 | Status: Aim at nothing and you will hit it | 23 Posts
Quoting charlinks
Here is a visual prediction.

It could fail but tight stops will keep the doctor away...
I am very impressed with your prediction. Please feel free to post your prediction on the GU.
  • #11,374
  • Jun 19, 2008 5:30am Jun 19, 2008 5:30am
I cant resist posting the picture perfect Sell set up in the run up to Frankies Hour - a spike up to the fib extension, todays R2 and a prior high, followed by the sell off after the LO - it doesnt get much clearer...
Attached Image (click to enlarge)
Click to Enlarge Name: jne 19 eurusd 15m 1030.gif Size: 16 KB
Trading Levels with WRBs
  • #11,375
  • Jun 19, 2008 6:16am Jun 19, 2008 6:16am
EUR/USD going down from 1.5486? to where?
  • #11,376
  • Jun 19, 2008 6:24am Jun 19, 2008 6:24am
Quoting Nilo
EUR/USD going down from 1.5486? to where?
If I knew that I would be a rich man!

Seriously, 1.5510 must hold this down move, so short at that level or near and set a SL of about 1.5523.

After last H1 candle close we may go to 1.5417.

Strategy : Short at 1.55 area or short at @1.5473 SL 1.5487.

Use only mental SL.
  • #11,377
  • Jun 19, 2008 8:25am Jun 19, 2008 8:25am
I feel like singing!

Got in my short short. (@ 5520)

Still in my short short

(backup singers)

Got in my short short

Still in my short short!

Seems the pair is going for a quick dip before bouncing again.
Not all sins are created equal
  • #11,378
  • Jun 19, 2008 9:04am Jun 19, 2008 9:04am
to where is it dropping? and from where is it bouncing? sorry I'm very new to this....
  • #11,379
  • Jun 19, 2008 9:17am Jun 19, 2008 9:17am
At this moment I am quiet as a mummy, only watch price action.

H4 enter into Negative territory but I do not like H1 configuration.

I am waiting to see which direction will go, I have entry numbers for both sides.

Charts are telling go short, but something is telling me, beware!!

At this point if price break my levels it will go to 1.58 or to 1.50.
Very decisive moment!!
  • #11,380
  • Jun 19, 2008 9:24am Jun 19, 2008 9:24am
Quoting BoredToLoose
At this moment I am quiet as a mummy, only watch price action.

H4 enter into Negative territory but I do not like H1 configuration.

I am waiting to see which direction will go, I have entry numbers for both sides.

Charts are telling go short, but something is telling me, beware!!

At this point if price break my levels it will go to 1.58 or to 1.50.
Very decisive moment!!
HE HE HE choices choices, thanx, where are you putting your entry oders?
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