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  • #45,801
  • Nov 17, 2008 11:04am Nov 17, 2008 11:04am
Long from 1.2654 -> TP 1.2748

SL - 1.2630
Wish you a lot of great moments with those you love.
  • #45,802
  • Nov 17, 2008 11:09am Nov 17, 2008 11:09am
Quoting dwildes
Yeah, I noticed those strong buy orders coming in, so I was aggressive with the stops, thankfully. Looks like Driver55 is doing good though!
please elaborate what software or platform you use to see orders coming through on OTC forex??

thanks,

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #45,803
  • Nov 17, 2008 11:10am Nov 17, 2008 11:10am
Quoting ak4x
dude, think bigger... if this run goes for awhile, you'll be pippin pretty. hope you get 'em

check out the chart tho, it's either a BAD place to short, or a BAD place to long.

it's a GREAT place to go get ice cream tho.

ADD: Not shown on chart but 2750ish is a full 79% retracement of the fib 2382 LOW/2852 HIGH

Heads or tails then...................
  • #45,804
  • Nov 17, 2008 11:14am Nov 17, 2008 11:14am
Quoting Mackeymax
please elaborate what software or platform you use to see orders coming through on OTC forex??

thanks,

mm
I mostly use MB Traders and you can see orders coming in there.
But at the time, I was looking at the M5 chart and saw everytime it was in the 1.266x area, price would shoot up almost 20pips.

That gave me a feeling buyers were entering the market.
  • #45,805
  • Nov 17, 2008 11:17am Nov 17, 2008 11:17am
If we reach 2745 i close my long and reverse my position to short (half position)
The best thing that can happen to you is to find out where you're wrong.
  • #45,806
  • Nov 17, 2008 11:25am Nov 17, 2008 11:25am
Quoting ak4x
dude, think bigger... if this run goes for awhile, you'll be pippin pretty. hope you get 'em

check out the chart tho, it's either a BAD place to short, or a BAD place to long.

it's a GREAT place to go get ice cream tho.

ADD: Not shown on chart but 2750ish is a full 79% retracement of the fib 2382 LOW/2852 HIGH
It's more than only what you say... it's a GANN line (50%) on a 4H chart... it's the higher eroor band at 1,75 on a 1H chart.
The best thing that can happen to you is to find out where you're wrong.
  • #45,807
  • Nov 17, 2008 11:30am Nov 17, 2008 11:30am
Quoting dwildes
I mostly use MB Traders and you can see orders coming in there.
But at the time, I was looking at the M5 chart and saw everytime it was in the 1.266x area, price would shoot up almost 20pips.

That gave me a feeling buyers were entering the market.
thanks for the response...i'll have to look into their platform....also, 4hr has a nice trendline that being threatened and 1hr chart has a nice triple top...break above leads to 1.28+ land....

good trading to you,

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #45,808
  • Nov 17, 2008 11:30am Nov 17, 2008 11:30am
I closed 10 pips below TP , 69 pips is enough for today. Good pipin to all. But anyway, possible pushing up.
Wish you a lot of great moments with those you love.
  • #45,809
  • Nov 17, 2008 11:37am Nov 17, 2008 11:37am
Quoting Mackeymax
thanks for the response...i'll have to look into their platform....also, 4hr has a nice trendline that being threatened and 1hr chart has a nice triple top...break above leads to 1.28+ land....

good trading to you,

mm
I assume you are talking about that wedge?
I've been keeping an eye on that for a few days now.

For me though, the overall trend is down - so any spike up is typically short lived. I think we'll revisit the 1.23xx area this week.
  • #45,810
  • Nov 17, 2008 11:39am Nov 17, 2008 11:39am
Quoting Kess.
I closed 10 pips below TP , 69 pips is enough for today. Good pipin to all. But anyway, possible pushing up.
Very good trading man - you gotta know when to stop when you are ahead.
  • #45,811
  • Nov 17, 2008 11:40am Nov 17, 2008 11:40am
...mmm morning cofee after a long night



i strongly suggest to keep an eye on the stock market whether its bloombergtv or some platform or website....the correlations are massive between stock market and eur/usd
Different opinions highly valued, ignorant to slander.
  • #45,812
  • Nov 17, 2008 11:41am Nov 17, 2008 11:41am
drawing fibs and counting pips..
Money often costs too much...
  • #45,813
  • Nov 17, 2008 11:57am Nov 17, 2008 11:57am
Quoting psiholog
...mmm morning cofee after a long night



i strongly suggest to keep an eye on the stock market whether its bloombergtv or some platform or website....the correlations are massive between stock market and eur/usd
Hey Psi , good morning to you.

I was wrong about the range after all. It wasn't 2550 -2650 ,but 2650 to 2750.
I didn't take into consideration the previous range. Oh well.
  • #45,814
  • Nov 17, 2008 12:03pm Nov 17, 2008 12:03pm
Quoting P.i.P
Hey Psi , good morning to you.

I was wrong about the range after all. It wasn't 2550 -2650 ,but 2650 to 2750.
I didn't take into consideration the previous range. Oh well.
notice you said you were wrong about the range and why....remember this comment so you will not repeat this mistake in the future...better yet write it down...do this for any mistakes you make...and voila...we got an expert on our hands
Different opinions highly valued, ignorant to slander.
  • #45,815
  • Nov 17, 2008 12:03pm Nov 17, 2008 12:03pm
Hi psiholog,
Do you or any body knows good website or online radio for the stock news....Thanks.

Quoting psiholog
...mmm morning cofee after a long night



i strongly suggest to keep an eye on the stock market whether its bloombergtv or some platform or website....the correlations are massive between stock market and eur/usd
  • #45,816
  • Nov 17, 2008 12:05pm Nov 17, 2008 12:05pm
Quoting psiholog
notice you said you were wrong about the range and why....remember this comment so you will not repeat this mistake in the future...better yet write it down...do this for any mistakes you make...voila...we got an expert on our hands

Let us not overdo it.
  • #45,817
  • Nov 17, 2008 12:06pm Nov 17, 2008 12:06pm
Short at 1.2720
  • #45,818
  • Nov 17, 2008 12:09pm Nov 17, 2008 12:09pm
Quoting 786 trading
Hi psiholog,
Do you or any body knows good website or online radio for the stock news....Thanks.
Google Finance has semi-streaming Dow, S&P and Nasdaq, plus news (not streaming).
  • #45,819
  • Nov 17, 2008 12:14pm Nov 17, 2008 12:14pm
Quoting P.i.P
Let us not overdo it.
hey hey positive attitude now. to become an expert in forex you need the right state of mind and the will to make certain sacrifices. You must be willing to lose before you can win, you must set aside a social life until you consistently win, you must adapt to the market conditions at any given time. Most important of all...there is no overdo in dreams and aspirations, no one sets a limit of what we can or cannot do...theres only what you know you can or cannot do...if you truly think you becoming an expert someday is overdoing it...then your worst enemy is yourself..change that or you might as well quit now
Different opinions highly valued, ignorant to slander.
  • #45,820
  • Nov 17, 2008 12:22pm Nov 17, 2008 12:22pm
Quoting psiholog
hey hey positive attitude now. to become an expert in forex you need the right state of mind and the will to make certain sacrifices. You must be willing to lose before you can win, you must set aside a social life until you consistently win, you must adapt to the market conditions at any given time. Most important of all...there is no overdo in dreams and aspirations, no one sets a limit of what we can or cannot do...theres only what you know you can or cannot do...if you truly think you becoming an expert someday is overdoing it...then your worst...

Quit? Never.

I am just humble. Trying that is.

As most might thing the opposite ,it actually adds to strong will and discipline.

EDIT: Wrong smily above.
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