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  • #35,581
  • Oct 1, 2008 7:24am Oct 1, 2008 7:24am
Quoting mphpopular
Broken consolidation. But NFP still havent out yet, is very nearby and waiting us..... Danger to take a step into market...
You're going to be waiting a while.

NFP is Friday.
  • #35,582
  • Oct 1, 2008 7:24am Oct 1, 2008 7:24am
psiholog,if it breaks 4070..where do i enter?
  • #35,583
  • Oct 1, 2008 7:26am Oct 1, 2008 7:26am
Rising wedge on 1M causing crash and burn on the E/U.
  • #35,584
  • Oct 1, 2008 7:26am Oct 1, 2008 7:26am
Quoting bayoor
psiholog,if it breaks 4070..where do i enter?
its moving so fast now if you havent entered yet all i can say is wait for data...see if its good...if it is...try to catch any retracement to a higher value and sell...this is moving way too fast to know any good points now sorry man


Edit:well i made my 150pips before news even came out...now...ima relax and enjoy the profits...this can drop at least a hundred pips more though
Different opinions highly valued, ignorant to slander.
  • #35,585
  • Oct 1, 2008 7:26am Oct 1, 2008 7:26am
OMG, wasted my pips.

I closed my EU short 3min b4 news come out. Now opened a short again.
  • #35,586
  • Oct 1, 2008 7:29am Oct 1, 2008 7:29am
go bear ! new low !!
Money often costs too much...
  • #35,587
  • Oct 1, 2008 7:30am Oct 1, 2008 7:30am
Quoting Algirdas
http://2.bp.blogspot.com/_nmIuQsC9b-...R_USD+Spot.png

Later take 100 pips from 1.4050 retrecmant, and be readdy to Sell
Main Trend still Short (do not close Short positions since Monday)
We trade retrecmant, becouse if market does go 300pips we can take 400pips from market.
Take one more 1/4 profit for 150 pips
Do not Close Shorts since Monday
{Promotion Removed}
  • #35,588
  • Oct 1, 2008 7:31am Oct 1, 2008 7:31am
Quoting psiholog
ive been short since 1.4150 on a trigger order...take profit at 1.4000(150pips) and im done haha...if i get stopped out...ill let you know later

key values for breakout though...1.4200 to the upside...1.4070 to the downside if it becomes resistance
conggratulation for your 150 pips psihilog
Money often costs too much...
  • #35,589
  • Oct 1, 2008 7:32am Oct 1, 2008 7:32am
Quoting Algirdas
Take one more 1/4 profit for 150 pips
Do not Close Shorts since Monday
Im amazed by your accuracy thanks for your recommendation Al !
Money often costs too much...
  • #35,590
  • Oct 1, 2008 7:35am Oct 1, 2008 7:35am
psiholog,
pls do me a big favor,inform me of entry point later.
thanks
  • #35,591
  • Oct 1, 2008 7:35am Oct 1, 2008 7:35am
Quoting indotrader
conggratulation for your 150 pips psihilog
thanks...this pullback was too beautiful to not try one more short...i sold at 1.4050 ..target...previous low of 1.3882....lets see now...greed might get me
Different opinions highly valued, ignorant to slander.
  • #35,592
  • Oct 1, 2008 7:38am Oct 1, 2008 7:38am
Quoting psiholog
thanks...this pullback was too beautiful to not try one more short...i sold at 1.4050 ..target...previous low of 1.3882....lets see now...greed might get me
you said youre done bud ! lolll well ok good luck with that.. I'll reenter using MAs res likewise
Money often costs too much...
  • #35,593
  • Oct 1, 2008 7:39am Oct 1, 2008 7:39am
Thanks Algirdas. Your not just a very good teacher, but a VERY good TRADER
  • #35,594
  • Oct 1, 2008 7:39am Oct 1, 2008 7:39am
I just entered my long position. Let's make some money!
Don't be afraid to challenge the pros, even in their own backyard.
  • #35,595
  • Oct 1, 2008 7:42am Oct 1, 2008 7:42am
http://www.learncurrencytrading.com/...alyst-689.html
  • #35,596
  • Oct 1, 2008 7:42am Oct 1, 2008 7:42am
Quoting merweg
Thanks Algirdas. Your not just a very good teacher, but a VERY good TRADER

I completely agree!

1.40 is a key level, if we break that, the entire monthly trend line is in jeopardy.


I am watching it like a hawk.
  • #35,597
  • Oct 1, 2008 8:04am Oct 1, 2008 8:04am
Wow, this thing isn't even putting up a fight is it? I thought it would retrace to the 50% fib of the big move down from 1.4568 a day ago (which would be 1.4291), but it just keeps running out of steam....
  • #35,598
  • Oct 1, 2008 8:04am Oct 1, 2008 8:04am
Quoting Danger
I just entered my long position. Let's make some money!
Attached Image
USD Est Non Mortuus
  • #35,599
  • Oct 1, 2008 8:05am Oct 1, 2008 8:05am
Quoting indotrader
you said youre done bud ! lolll well ok good luck with that.. I'll reenter using MAs res likewise
im feeling pretty good about this position...its very likely well see the previous low again of 1.3882....when the market presents the opportunity...why not take it dont you agree?


i think if 1.4000 is broken decisively this pair will drop like a rock....well see
Different opinions highly valued, ignorant to slander.
  • #35,600
  • Oct 1, 2008 8:08am Oct 1, 2008 8:08am
Quoting psiholog
im feeling pretty good about this position...its very likely well see the previous low again of 1.3882....when the market presents the opportunity...why not take it dont you agree?


i think if 1.4000 is broken decisively this pair will drop like a rock....well see
How much sl do you have on that trade?
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