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EURUSD

  • #51,881
  • Dec 19, 2008 5:36pm Dec 19, 2008 5:36pm
5 trades. 1 per day. 4 wins. 1 loss. 689 pips.
  • #51,882
  • Dec 19, 2008 8:38pm Dec 19, 2008 8:38pm
Lou, what type of system do you use? Looks like you had a good week. Thanks in advance.
  • #51,883
  • Dec 19, 2008 8:44pm Dec 19, 2008 8:44pm
i won't be back till next year!! enjoy the holidays!
  • #51,884
  • Dec 19, 2008 9:05pm Dec 19, 2008 9:05pm
Quoting Guitarfx
Nice one ticker - Hope to follow in similar footsteps one day.
I was replying to post, FYI.

I netted around 400, ... not complaining. ARGH!
  • #51,885
  • Dec 20, 2008 1:41am Dec 20, 2008 1:41am
I'm Open Buy at 1,298 (H4 -> Break for Cup and handle ) and then closed position and open the position to sell at 61.8% (1,463) Fibonacci level ; T/P at: 38,2 (1.389) .

EUR/USD daily chart
http://i523.photobucket.com/albums/w...UR191208_1.png


and Weekly chart:
http://i523.photobucket.com/albums/w...UR191208_2.png

Nice weekend all...
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  • #51,886
  • Dec 20, 2008 2:01am Dec 20, 2008 2:01am
Dear bro adwin

Nice to see ur analysis and your trades. I am in a fix on eurusd hedged positions. Buy at 14600 and sell at 14255. Can u advice me he probable price action next week as per you whether it will go up or down from here and what sort of strategy you suggest for me. Pl help bro

regards and god bless
Balaji



Quoting Adwin
I'm Open Buy at 1,298 (H4 -> Break for Cup and handle ) and then closed position and open the position to sell at 61.8% (1,463) Fibonacci level ; T/P at: 38,2 (1.389) .

EUR/USD daily chart
http://i523.photobucket.com/albums/w...UR191208_1.png


and Weekly chart:
http://i523.photobucket.com/albums/w...UR191208_2.png

Nice weekend all...
  • #51,887
  • Dec 20, 2008 2:11am Dec 20, 2008 2:11am
Quoting Lou
5 trades. 1 per day. 4 wins. 1 loss. 689 pips.
Hi Lou, I'm new here, wish to make some friend. Your system sound good, can you share?
Psychology = Nature = Evolving Forex Market rite?
  • #51,888
  • Dec 20, 2008 2:14am Dec 20, 2008 2:14am
Quoting balajis
Dear bro adwin

Nice to see ur analysis and your trades. I am in a fix on eurusd hedged positions. Buy at 14600 and sell at 14255. Can u advice me he probable price action next week as per you whether it will go up or down from here and what sort of strategy you suggest for me. Pl help bro

regards and god bless
Balaji
ohh...man....you must close ur buy post....but..wait untuil 4hour retracement of eu anthen u can close ur buy post....
  • #51,889
  • Dec 20, 2008 2:32am Dec 20, 2008 2:32am
Dear bro

Thanks for ur reply. R u sure after retracement it will fall again since the charts still dont show bearishness on the daily charts. Anyway when you said wait until 4 hour retracement and then close the buy what sort of retracement r u telling 50 ema? up to what level on 4 hour charts?

take care god bless
balaji


Quoting krunforex
ohh...man....you must close ur buy post....but..wait untuil 4hour retracement of eu anthen u can close ur buy post....
  • #51,890
  • Dec 20, 2008 3:35am Dec 20, 2008 3:35am
Quoting emda
reached the 1.3840 level I mentioned earlier...
now really protect your shorts
I would enter long in a non friday day
It was a really nice ride yesterday. I closed my shorts around 1.4... had to leave to the city.

The price came back to the price 1.3830 from which the last run up started. Now it should continue upwards... (at least it's one of two possibilities as Emda says). My bias will be long on Monday, I think (bias == i will only take long positions, if any).

It's also a 38% fib retrace.

Chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20081220_001.gif Size: 11 KB
Time goes you say? Ah, no! Time stays. We go...
  • #51,891
  • Dec 20, 2008 3:58am Dec 20, 2008 3:58am
Quoting ziko123
closing short here for 700 pips profit, previous long for 400 pips, total 1100 pips this week
Time goes you say? Ah, no! Time stays. We go...
  • #51,892
  • Dec 20, 2008 6:27am Dec 20, 2008 6:27am
Quoting balajis
Dear bro

Thanks for ur reply. R u sure after retracement it will fall again since the charts still dont show bearishness on the daily charts. Anyway when you said wait until 4 hour retracement and then close the buy what sort of retracement r u telling 50 ema? up to what level on 4 hour charts?

take care god bless
balaji

i think maybe 1.4200....then it will go down again....


but the trend is more berish now...n if it fail to test 1.4000 then potential after this is 1.2400..then 1.2300 n then 1.2000..hehehe
  • #51,893
  • Dec 20, 2008 8:23am Dec 20, 2008 8:23am
Quoting krunforex
i think maybe 1.4200....then it will go down again....


but the trend is more berish now...n if it fail to test 1.4000 then potential after this is 1.2400..then 1.2300 n then 1.2000..hehehe

i reckon it may go down slightly and then will continue towards 1.55 or so, i see last 2 days as retracement to the uptrend, nothing more. will trade it where ever it goes though
  • #51,894
  • Dec 20, 2008 9:28am Dec 20, 2008 9:28am
Quoting lexazver
i reckon it may go down slightly and then will continue towards 1.55 or so, i see last 2 days as retracement to the uptrend, nothing more. will trade it where ever it goes though
i agree here

No more BIG down moves until EUR cuts rates again. 2.00% wont do it againsed 0-.25%

  • #51,895
  • Dec 20, 2008 9:51am Dec 20, 2008 9:51am
Quoting klinckphilip
i agree here


No more BIG down moves until EUR cuts rates again. 2.00% wont do it againsed 0-.25%


Might hit 1.35 before going up in large fashion that is the wide 50% area from bottom bottom to top top.

Also the dow transportation avg. is setting up for a wedge break out to the down side so we could see mon-tues and even wends as down days which could be a strong dollar. So short term look for a weak EUR. Shorting with a weather eye out, cause when the rally happens it will be big and fast.
  • #51,896
  • Dec 20, 2008 10:15am Dec 20, 2008 10:15am
It isn't bad enough that someone posts a BIGASS chart with freakin lines going every freakin directions lines you can probably plot a trip through the cosmos, but someone else quotes the dang thing and we have to see it again.

  • #51,897
  • Dec 20, 2008 11:20am Dec 20, 2008 11:20am
Quoting SunTrader
It isn't bad enough that someone posts a BIGASS chart with freakin lines going every freakin directions lines you can probably plot a trip through the cosmos, but someone else quotes the dang thing and we have to see it again.


Traders are smartasses
  • #51,898
  • Dec 20, 2008 11:46am Dec 20, 2008 11:46am
what do you think, tomorow Eur/usd go up or down????
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  • #51,899
  • Dec 20, 2008 11:48am Dec 20, 2008 11:48am
Quoting jcalberto
what do you think, tomorow Eur/usd go up or down????
I predict fluctuation for tomorrow
Not all sins are created equal
  • #51,900
  • Dec 20, 2008 11:55am Dec 20, 2008 11:55am
Quoting SunTrader
It isn't bad enough that someone posts a BIGASS chart... but someone else quotes the dang thing and we have to see it again.

So true.

I figured out the solution some time back... I originally put that adwin guy on the ignore list for those big charts and then I add everyone obtuse enough to quote 3 square yards of charts to post a couple dozen words that have absolutely NOTHING to do with the original post... sort of a darwinian thing, and the thread quickly returns to normal size.

Works like a charm.
FUBAR...
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