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EURUSD

  • #70,681
  • Mar 3, 2009 6:38pm Mar 3, 2009 6:38pm
Quoting TheLastCoke
http://www.investorsinsight.com/media/p/2962.aspx
If I wanted to waste my time I could probably come up with a news link or two saying the same about Euro-Land.

But what is the point of that. That I am well-read??
  • #70,682
  • Mar 3, 2009 6:39pm Mar 3, 2009 6:39pm
I think it bounces off the hourly fib here. I already bought. It might test and break through though, we will see.
  • #70,683
  • Mar 3, 2009 6:41pm Mar 3, 2009 6:41pm
Quoting BoredToLoose
....the worst moment to do that!!

GL
ok shorters win stopped out booo oh well 20.00
  • #70,684
  • Mar 3, 2009 6:42pm Mar 3, 2009 6:42pm
what's the hell is going now with many pairs??? they'are falling like devil!
ROBOT FOREX
  • #70,685
  • Mar 3, 2009 6:43pm Mar 3, 2009 6:43pm


Sweet!!

Who follow me now are happy!!

My H4 symmetric Channel one more time showed me the way.

Am I lucky or ....?
  • #70,686
  • Mar 3, 2009 6:44pm Mar 3, 2009 6:44pm
unexpected Aussie GDP has caused this move down.
  • #70,687
  • Mar 3, 2009 6:44pm Mar 3, 2009 6:44pm
I don't recommend it.

Very few people can scalp price action. It took me two years and about 30K in losses before I could do it with any consistency.

I demo traded several strategies and most sucked. THV seems to be very good and I recommend you try it on DEMO. If you can trade on DEMO for 5 months and win every month you can trade real capital.

Here are some examples of what I look for when I scalp pivots. I rarely use stops and I look for 5-10 PIPS on each trade. I will stay in longer if the market is moving fast however I will use a stop in this scenario and move it to break even and follow the trade every 10 PIPS.

If I'm really wrong or get caught I will lose 50 PIPS or so every now and then... like last night during that shity Asian session. I hate that session. Loathe it.

Anyhow... I don't recommend scalping... it's very emotionally intensive and requires you watch every tick.

However... since you asked.

Mike
Attached Image (click to enlarge)
Click to Enlarge Name: PivotScalpingMarch03.gif Size: 29 KB
  • #70,688
  • Mar 3, 2009 6:45pm Mar 3, 2009 6:45pm
Quoting altrader
unexpected Aussie GDP has caused this move down.
how can some small australia can effect on many important pairs except AUD??? stopp this nonsense!
now will be big move UP I smell
I hate aborigens!
ROBOT FOREX
  • #70,689
  • Mar 3, 2009 6:54pm Mar 3, 2009 6:54pm
Quoting Forbes55
how can some small australia can effect on many important pairs except AUD??? stopp this nonsense!
now will be big move UP I smell
I hate aborigens!

the australian buy the USD instead of AUD that's why I think. Lesson learned not cutting the rate doesn't mean the GDP is healthy ..damn i have floating -800 pips..let's hope october/november rally will happen anytime soon
  • #70,690
  • Mar 3, 2009 6:55pm Mar 3, 2009 6:55pm
Quoting acumen
I don't recommend it.

Very few people can scalp price action. It took me two years and about 30K in losses before I could do it with any consistency.

I demo traded several strategies and most sucked. THV seems to be very good and I recommend you try it on DEMO. If you can trade on DEMO for 5 months and win every month you can trade real capital.

Here are some examples of what I look for when I scalp pivots. I rarely use stops and I look for 5-10 PIPS on each trade. I will stay in longer if the market is moving fast however I will use a stop...
I do the similar with Fib. It works like a charm as long as you are in the correct side of the market.
  • #70,691
  • Mar 3, 2009 6:56pm Mar 3, 2009 6:56pm
Quoting Forbes55
how can some small australia can effect on many important pairs except AUD??? stopp this nonsense!
now will be big move UP I smell
I hate aborigens!
Its not nonsense!

TO the SECOND this big move occured. GO look at the AUD/USD pair. It is sentiment that affects the market.
  • #70,692
  • Mar 3, 2009 6:56pm Mar 3, 2009 6:56pm
Quoting essenza
the australian buy the USD instead of AUD that's why I think. Lesson learned not cutting the rate doesn't mean the GDP is healthy ..damn i have floating -800 pips..let's hope october/november rally will happen anytime soon


aren't you using SL?¿
  • #70,693
  • Mar 3, 2009 6:57pm Mar 3, 2009 6:57pm
Quoting altrader
Its not nonsense!

TO the SECOND this big move occured. GO look at the AUD/USD pair. It is sentiment that affects the market.
AUD is just one big nothing, only EURO, JPY, USD and GBP are important on market!
ROBOT FOREX
  • #70,694
  • Mar 3, 2009 6:58pm Mar 3, 2009 6:58pm
Quoting Forbes55
how can some small australia can effect on many important pairs except AUD??? stopp this nonsense!
now will be big move UP I smell
I hate aborigens!
If stupid Americans believe a Ground hog determines the weather, they'll believe that the Aussie GDP is a good indicator of the health of the greater western worlds economies.
In the days of old when sailors were bold, and seldom if ever contented.
  • #70,695
  • Mar 3, 2009 6:58pm Mar 3, 2009 6:58pm
i'm long now, hopefully i can catch a decent scalp Woot!
  • #70,696
  • Mar 3, 2009 6:59pm Mar 3, 2009 6:59pm
short at 1.2472 sl 1.2547 Tp 1.2353 for now will move sl into profit if +50pip is reached.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #70,697
  • Mar 3, 2009 7:02pm Mar 3, 2009 7:02pm
Quoting kstorm88
i'm long now, hopefully i can catch a decent scalp Woot!
oh that's good, I'm too!
ROBOT FOREX
  • #70,698
  • Mar 3, 2009 7:02pm Mar 3, 2009 7:02pm
Quoting Trading Cat
short at 1.2472 sl 1.2547 Tp 1.2353 for now will move sl into profit if +50pip is reached.
wrong decision at this exteme level
ROBOT FOREX
  • #70,699
  • Mar 3, 2009 7:04pm Mar 3, 2009 7:04pm
i'm long for scalp too....

at 1.2467
  • #70,700
  • Mar 3, 2009 7:04pm Mar 3, 2009 7:04pm
Quoting jackdan
Intersting video ... copied the link from the cable thread....
http://www.cnbc.com/id/15840232?video=1050797339&play=1
It goes along my fundamentals Ideas....
happy pipping all
wow

that's the guy who repairs the photocopiers, i guess

short HBC without mercy, if all the analysts left there are like this one
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