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  • #26,561
  • Sep 3, 2008 4:02am Sep 3, 2008 4:02am
Shorts be carefull.

Don't get caught in this area with a big position.

I am not trading any usual positions right now because I feel there is too much risk. Will trade after BOE rate announcement.
  • #26,562
  • Sep 3, 2008 4:03am Sep 3, 2008 4:03am
I think the drive on all these pairs is the strength of the usd.
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  • #26,563
  • Sep 3, 2008 4:06am Sep 3, 2008 4:06am
Quoting daanman3
Shorts be carefull.

Don't get caught in this area with a big position.

I am not trading any usual positions right now because I feel there is too much risk. Will trade after BOE rate announcement.
you sure its BOE...says BOC on site...
Different opinions highly valued, ignorant to slander.
  • #26,564
  • Sep 3, 2008 4:10am Sep 3, 2008 4:10am
Quoting HarshFX
I'd love to think that this is a reversal but what if all of the sudden "bam" it comes right back snatching your pips just like yesterday. But if u look at it differently this might be a chance to get a good price by selling from the top.
Sell from 461 and made 71 pips...
  • #26,565
  • Sep 3, 2008 4:27am Sep 3, 2008 4:27am
Sure we can all argue about where we suspect the market will go. But I say we make it interesting. When do you think the auto sales figures will be finalized?
  • #26,566
  • Sep 3, 2008 4:33am Sep 3, 2008 4:33am
Quoting psiholog
you sure its BOE...says BOC on site...
BOE is tommorow. We could see some crazy stuff happening then.
  • #26,567
  • Sep 3, 2008 4:34am Sep 3, 2008 4:34am
breakout variant up to 1.4320/40, 1.4280/1, 4300
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  • #26,568
  • Sep 3, 2008 4:34am Sep 3, 2008 4:34am
Quoting brane
Sure we can all argue about where we suspect the market will go. But I say we make it interesting. When do you think the auto sales figures will be finalized?
Who's arguing? I thought it was pretty quiet in here.
  • #26,569
  • Sep 3, 2008 4:42am Sep 3, 2008 4:42am
Quoting daanman3
BOE is tommorow. We could see some crazy stuff happening then.
tommorow way too crazy, boe rates, ecb conference, crude inventories, unemployment claims, fisher speaks...ahh too much for one day
Different opinions highly valued, ignorant to slander.
  • #26,570
  • Sep 3, 2008 4:47am Sep 3, 2008 4:47am
I'm staying out for awhile but setup some limits in case it would be triggered
  • #26,571
  • Sep 3, 2008 5:34am Sep 3, 2008 5:34am
Quoting Algirdas
New Intraday Strategy: http://www.moscowforexlive.com/video/maryte12.wmv
Hello my frind
Hard Thanx for your Help..
Never sell @ lower upward channel unless breacked and vise versa .
  • #26,572
  • Sep 3, 2008 5:46am Sep 3, 2008 5:46am
Quoting Algirdas
New Intraday Strategy: http://www.moscowforexlive.com/video/maryte12.wmv
You made another great call yesterday, Algirdas. Thanks for sharing the information. I particularly benefitted from your explanation of when you took 1/2 profit, reset SL to point of entry (40 PIPs in this case), and continued to add on to your investment as the price dropped lower and lower inside trend channel.

Very helpful,
Ed
Up or down, gimme a ticket
  • #26,573
  • Sep 3, 2008 5:58am Sep 3, 2008 5:58am
nevermind..
I'll just trade with what I see
Money often costs too much...
  • #26,574
  • Sep 3, 2008 6:00am Sep 3, 2008 6:00am
Hello TraderatHome,

I tried to send you a personal e-mail, but see you're not taking them. Hey, I read with great interest about your system today. It looks to be very effective. Thanks for sharing.

As you probably realize, this EUR/USD thread is pretty congested; very informative but congested. With respect, I think your system is significant enough that you should break out into a separate under the "Trading Systems" portion of Forex Factory. That way, your system description would be compactly posted and all comments specific to your system would appear in close proximity, without those of us trying to learn having to look through hours or even days to read your updates.

Just a beneficial suggestion. Again, thanks for the ideas and for sharing with others.

Ed
Up or down, gimme a ticket
  • #26,575
  • Sep 3, 2008 6:06am Sep 3, 2008 6:06am
$108.90 on oil is a very interesting level. I believe that this level is a key test for where the EUR/USD is going to go.

There is not much further for it to go before it hits that level. To me it looks like it will bounce and head back down. So I'm thinking that people going long ought to be careful.

I'll try and upload a chart...one sec.
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  • #26,576
  • Sep 3, 2008 6:18am Sep 3, 2008 6:18am
Quoting cobraforex
Wow, just step in here (taking a pause) and see what happened. Scott Jones was trying to give you the hand; I would like to be that lucky. He’s one of the most well seen traders here, everybody looks up to him. I follow almost all his posts.
Hopefully he can teach you, then you will be an expert in FX.

How is your short, still got it?

took earlier of 50 pips .. but it saddening cause i can onlyv afford 10 cennt pips now..

jones.. i am honoured .. thanks alot do continue to guide me ...
  • #26,577
  • Sep 3, 2008 6:33am Sep 3, 2008 6:33am
Quoting trading801
took earlier of 50 pips .. but it saddening cause i can onlyv afford 10 cennt pips now..

jones.. i am honoured .. thanks alot do continue to guide me ...
dont worry bro.i am sure everything would be back to normal.still long at -*** but i am hedged.buying and selling at the same time.i only hope tomorrow news would help me out.dont be depressed you would be back on top soon.cheerio
  • #26,578
  • Sep 3, 2008 6:51am Sep 3, 2008 6:51am
Quoting trading801
took earlier of 50 pips .. but it saddening cause i can onlyv afford 10 cennt pips now..

jones.. i am honoured .. thanks alot do continue to guide me ...
trading 10cents per pip today is not too saddening, just need to start slowly and make sure you learn what you need to learn, get consistent, that's when you'll start making big money!
  • #26,579
  • Sep 3, 2008 6:53am Sep 3, 2008 6:53am
Quoting trading801
took earlier of 50 pips .. but it saddening cause i can onlyv afford 10 cennt pips now..

jones.. i am honoured .. thanks alot do continue to guide me ...

"Today's struggle is tomorrow's success" .. Keep learning.
  • #26,580
  • Sep 3, 2008 6:55am Sep 3, 2008 6:55am
Quoting IdentifyTren
"Today's struggle is tomorrow's success" .. Keep learning.
keep learning that is correct but not by losing real money. First achieve success that is more than 100% return on cap and gain confidence and then real trade.
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