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EURUSD

  • #64,041
  • Feb 11, 2009 9:11am Feb 11, 2009 9:11am
Quoting MrWhipple
There are three directions in this game. UP, DOWN, and SIDEWAYS

Pick one and be prepared, in your own words to justify your move.
i want advice i keep long or i close ttrade
  • #64,042
  • Feb 11, 2009 9:11am Feb 11, 2009 9:11am
Quoting Elghoz
TO WHERE IT WILL GO UP
to 1.3095 today or tomorrow and than will drop down to pivot point at least.
My advice, " don't go to the open Bar if you don't want to be drank" or so... :-)
  • #64,043
  • Feb 11, 2009 9:11am Feb 11, 2009 9:11am
Quoting Elghoz
iam long from 1.2970 i wait or i stop
YOu picked a nice spot to Long.

I think EU is heading to 1.2865.
  • #64,044
  • Feb 11, 2009 9:12am Feb 11, 2009 9:12am
Quoting mazdaz
YOu picked a nice spot to Long.

just wondering are you being sarcastic lol
  • #64,045
  • Feb 11, 2009 9:13am Feb 11, 2009 9:13am
feed a stray dog and he will not leave. he will feel he found a home..unless you feed him...........hmmmm
bulllsiet or even the hardley used bearshieeet.......
those who can, do. those who cant, talk about those who can
  • #64,046
  • Feb 11, 2009 9:14am Feb 11, 2009 9:14am
has anyone noticed the trading range getting narrow as the days go by??
  • #64,047
  • Feb 11, 2009 9:15am Feb 11, 2009 9:15am
Triangle formation on 30 Min chart. Any breakout will be strong. I bet on the downside
Attached Image (click to enlarge)
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  • #64,048
  • Feb 11, 2009 9:15am Feb 11, 2009 9:15am
hey all, first post in this thread, here's my last trade.
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  • #64,049
  • Feb 11, 2009 9:15am Feb 11, 2009 9:15am
Quoting MrWhipple
There are three directions in this game. UP, DOWN, and SIDEWAYS

Pick one and be prepared, in your own words to justify your move.
BTW right now we are kinda sideways in a consolidation after a downdraft. We are forming a flag or pennant. Odds are that it will go down because that is what bear flags usually do, but they don't follow strict rules.

this thing is like a ticking time bomb the more it consolidates the more unpredictable it gets. So have fun boys and make some pips on the breakout.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #64,050
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
2897 is the short term support
The best thing that can happen to you is to find out where you're wrong.
  • #64,051
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
Quoting mazdaz
YOu picked a nice spot to Long.

I think EU is heading to 1.2865.
Agree with u

heading to 1.2830/65
  • #64,052
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
Quoting gregam1128
Yes that looks to be a traditional Macd. Here is what I am using. I don't put too much weight into it, just use it for a confirmation to complement my analysis.
I don't have it......now what
  • #64,053
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
Quoting gregam1128
This may be of no interest to a lot of you here that are scalping, here is my long term analysis of the eu....
Double top I mentioned in post seems to be playing out.
  • #64,054
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
i'm staying out for now but have limit orders in place, a short at 1.3040 and a long at 1.2780. those levels are edges of an ascending triangle that i've drawn from a breakout of the channel that had been going since mid-december. my bias is short though so i'll have a pretty tight stop on my long order.
  • #64,055
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
Quoting jphotdeals
I don't have it......now what
I can send it to you if you want.
  • #64,056
  • Feb 11, 2009 9:17am Feb 11, 2009 9:17am
Quoting SeaPip
FxCba, ofcourse ones must have his own way of trading. But I dont mind at all to copy good traders! This is not a classroom so dont be ashame to copy. Infact copy is encourage that is why this forum exist so we can share, learn n copy......at ur own risk ofcourse!
Sorry but this is the best i can write english, didn't mean "copy" as classroom, I just try to encourage to "develop" a trading system, you can put in it whatever you want, but the importance is confidence in it.
I don't use Gann but , my system exited at 2992, but allowed me to short at 2952
Regards
  • #64,057
  • Feb 11, 2009 9:18am Feb 11, 2009 9:18am
welll i sure did miss the short opp earlier but like i said b4


MISS THE TRADE OR LOSE THE TRADE !!!!!
  • #64,058
  • Feb 11, 2009 9:19am Feb 11, 2009 9:19am
Elghoz, why don't you stay long and get rid of the remaining 30%
  • #64,059
  • Feb 11, 2009 9:19am Feb 11, 2009 9:19am
gbp just dropped 75 pips in 25 m
those who can, do. those who cant, talk about those who can
  • #64,060
  • Feb 11, 2009 9:21am Feb 11, 2009 9:21am
bears look a little tired
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