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  • #57,841
  • Jan 21, 2009 7:45am Jan 21, 2009 7:45am
Quoting Elghoz
i did buy from 1.2973 so what i do ??????????
put a stop loss
/ ... clarifying decisions ... /
  • #57,842
  • Jan 21, 2009 7:46am Jan 21, 2009 7:46am
Quoting Elghoz
i'm waiting a range BO
what do u mean by waiting range bo[/quote]

He meant he was waiting for a range breakout (bo).
Up or down, gimme a ticket
  • #57,843
  • Jan 21, 2009 8:03am Jan 21, 2009 8:03am
Quoting walb99
put a stop loss
should i stop the trade now or it will go up ?
i did buy from 1.2973
  • #57,844
  • Jan 21, 2009 8:05am Jan 21, 2009 8:05am
Blimey! I've been staring at the EUR/USD chart since the London open. Now every time I close my eyes I see candle sticks and the number 1.2900. It's like a bloomin' soap opera!

Time for some lunch and some fresh air methinks.
  • #57,845
  • Jan 21, 2009 8:06am Jan 21, 2009 8:06am
Man

Just be calme, it will visit 1.3 and may be 1,3150 before continue down, just return to be a seller with double quantaty,,,if it go below 1.2850 , it is a matter of maney management

Quoting Elghoz
i did buy from 1.2973 so what i do ??????????
  • #57,846
  • Jan 21, 2009 8:08am Jan 21, 2009 8:08am
Quoting Elghoz
should i stop the trade now or it will go up ?
i did buy from 1.2973
no one can read the future, but before entering a trade you should always decide where to put your stop in case things got bad and a target in case price moves in your favor, then once you get in a trade keep praying to the
Forex gods
エンジョイライフ！
  • #57,847
  • Jan 21, 2009 8:12am Jan 21, 2009 8:12am
There is a nice symmetric triangle formed on the EURUSD 5 minute chart. It's aimed right at 1.2900.

This should be interesting.
  • #57,848
  • Jan 21, 2009 8:20am Jan 21, 2009 8:20am
Keep smiling man

It is start to go up,,,,just it will break 1.2965 he will fly to 1.31 as I told you,,,he will keep going up today and tommrow,,,and on Friday it will return down and close on 1.29XX



Quoting Elghoz
should i stop the trade now or it will go up ?
i did buy from 1.2973
  • #57,849
  • Jan 21, 2009 8:22am Jan 21, 2009 8:22am
Quoting mohfaid
Keep smiling man

It is start to go up,,,,just it will break 1.2965 he will fly to 1.31 as I told you,,,he will keep going up today and tommrow,,,and on Friday it will return down and close on 1.29XX
who is he? wow you covered the action in the next few days nicely
anyways are you long at the moment? if so at what price?
エンジョイライフ！
  • #57,850
  • Jan 21, 2009 8:23am Jan 21, 2009 8:23am
This is just normal action where we are seeing traders stocking up on short positions as the price retraces slightly. Trend is clearly still down.

Can't see the daily PP at around 953 being broken as PA hasn't shown any real strength today, so thats an ideal short entry if price gets that far.

Also to add 912 is a key level to determine if we go any further down.
Draw some fibs on the daily chart and you will see what I mean.
  • #57,851
  • Jan 21, 2009 8:25am Jan 21, 2009 8:25am
1.2980 to watch, then possible retrace, if cross 1.2980 again we are going to 1.3125 area then Big resistance around 1.3250 until tomorrow 16:00 gmt.
Call me crazy but I am waiting to see 1.3440 this week with a possible big tail to 1.3560.

I am long with 2 trades 1.2955&1.2860, and still holding my 1.3740 short.

I am playing with longs because my 1.3740 short. FOLLOW THE TREND!!

GL all!!
  • #57,852
  • Jan 21, 2009 8:28am Jan 21, 2009 8:28am
Hi Man

I am just a trader, no I never trade aganist the trend, it is a pure down trend till now,,,So I wait for the end of the correction and sell again,,,I traget 1.3170 : 1.3200 Area to sell from there

It is a perfect area,,,,,,or sell after a 4 hour close bellow 1.2850

It is just my plan,,,,what about U man ?

Quoting FXplode
who is he? wow you covered the action in the next few days nicely
anyways are you long at the moment? if so at what price?
  • #57,853
  • Jan 21, 2009 8:30am Jan 21, 2009 8:30am
can you tell me at what time you did buy at price 1.2973, because i am not seeing that kind of price since 21st january

Quoting Elghoz
should i stop the trade now or it will go up ?
i did buy from 1.2973
  • #57,854
  • Jan 21, 2009 8:30am Jan 21, 2009 8:30am
Quoting Elghoz
should i stop the trade now or it will go up ?
i did buy from 1.2973
trail your stop loss up

2920
2930
...
/ ... clarifying decisions ... /
  • #57,855
  • Jan 21, 2009 8:32am Jan 21, 2009 8:32am
till what value wil stop today the resistance
  • #57,856
  • Jan 21, 2009 8:33am Jan 21, 2009 8:33am
Quoting mohfaid
Hi Man

I am just a trader, no I never trade aganist the trend, it is a pure down trend till now,,,So I wait for the end of the correction and sell again,,,I traget 1.3170 : 1.3200 Area to sell from there

It is a perfect area,,,,,,or sell after a 4 hour close bellow 1.2850

It is just my plan,,,,what about U man ?
my plan is pretty much like you,, waiting to see what will happen at the 1.3100 area then will go short from there.
エンジョイライフ！
  • #57,857
  • Jan 21, 2009 8:35am Jan 21, 2009 8:35am
Heey

As told you from just mints

It will go now for 1.3015 for another test,,,and may be break it and go to 1.3170 : 1.3200 tommorow man,,,and you will close it with a profit,,,,just wait

Quoting Elghoz
till what value wil stop today the resistance
  • #57,858
  • Jan 21, 2009 8:36am Jan 21, 2009 8:36am
Quoting Elghoz
till what value wil stop today the resistance
try to get stopped out with +pips
/ ... clarifying decisions ... /
  • #57,859
  • Jan 21, 2009 8:40am Jan 21, 2009 8:40am
Quoting BoredToLoose
1.2980 to watch, then possible retrace, if cross 1.2980 again we are going to 1.3125 area then Big resistance around 1.3250 until tomorrow 16:00 gmt.
Call me crazy but I am waiting to see 1.3440 this week with a possible big tail to 1.3560.

I am long with 2 trades 1.2955&1.2860, and still holding my 1.3740 short.

I am playing with longs because my 1.3740 short. FOLLOW THE TREND!!

GL all!!
I closed my 1.2955 Long, only play now with 1.2860, my view is intact!!
M30 Ichimoku resistance at 1.2965, will re-enter long around 1.2911 or 1.2988.
  • #57,860
  • Jan 21, 2009 8:43am Jan 21, 2009 8:43am
Are you long boys certain. Why do you feel that 3100 is on the cards?
Light blue line is daily PP by the way.
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