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  • #71,561
  • Mar 5, 2009 6:52am Mar 5, 2009 6:52am
Well at least I didint get ticked out, still might get stopped out but thats a finite number to me right now.

Getting ticked out is very rare but still the one or two times it has happened to me have been hurtfull.
+ Charts Happen
  • #71,562
  • Mar 5, 2009 6:56am Mar 5, 2009 6:56am
I'm still long from 1.2540 with SL @BE...

These kind of trades are 5% account risk(above average risk) wildcards I usually play in news, specially when they're already priced in and very EASILY predicted

Will exit depending on PA, but so far it's looking good.
Traders are smartasses
  • #71,563
  • Mar 5, 2009 6:59am Mar 5, 2009 6:59am
do u think it will go up that new was very up side down eheee i take long
be patient, self-belief and discipline... stay focus...
  • #71,564
  • Mar 5, 2009 7:04am Mar 5, 2009 7:04am
I don't like to make predictions. but I don't expect this rise to last, so it won't change the trend we've been watching this year.

It's just a small reaction to the expected news, soon to be over. (Unless Trichet says something surprising in the press conference).

So we're due to resume "normality" in a few...
Traders are smartasses
  • #71,565
  • Mar 5, 2009 7:09am Mar 5, 2009 7:09am
Quoting Spsantos
I don't like to make predictions. but I don't expect this rise to last, so it won't change the trend we've been watching this year.

It's just a small reaction to the expected news, soon to be over. (Unless Trichet says something surprising in the press conference).

So we're due to resume "normality" in a few...

Do you know where you can follow the Trichet press conference on the web?

Thanks,

Steve
  • #71,566
  • Mar 5, 2009 7:11am Mar 5, 2009 7:11am
Quoting Passholder
With my stop 20 ish pips above at BE does anyone think they will spike it grab my short then move lower as the GBP did.
20 pips is not SL 2000 pips is SL
  • #71,567
  • Mar 5, 2009 7:13am Mar 5, 2009 7:13am
Quoting stevep314
Do you know where you can follow the Trichet press conference on the web?

Thanks,

Steve
Yup!

http://www.thomson-webcast.net/de/di...5_stream_video

I'm off to lunch!
Traders are smartasses
  • #71,568
  • Mar 5, 2009 7:14am Mar 5, 2009 7:14am
Quoting Spsantos
Yup!

http://www.thomson-webcast.net/de/di...5_stream_video

I'm off to lunch!
Cool thanks!

Steve
  • #71,569
  • Mar 5, 2009 7:16am Mar 5, 2009 7:16am
Quoting Spsantos
I don't like to make predictions. but I don't expect this rise to last, so it won't change the trend we've been watching this year.

It's just a small reaction to the expected news, soon to be over. (Unless Trichet says something surprising in the press conference).

So we're due to resume "normality" in a few...
This might be because we are still in downtrend, on the other hand

A the break of 2500 to the downside was not confirmed yet

B there is a trendline at 2653, if this will not hold, we will see higher prices

C end of downtrend only (in my view) if 2700 is getting support-level during the next days or weeks
/ ... clarifying decisions ... /
  • #71,570
  • Edited 7:33am Mar 5, 2009 7:21am | Edited 7:33am
Even for those who looks on the short term... for today.... as long as we stay below 2584 it is short ( I mean on close on a 1h basis).

the reference points in this area are 2584- 2525-2506


EDIT : sorry .... the levels are 2584-2545-2506
The best thing that can happen to you is to find out where you're wrong.
  • #71,571
  • Mar 5, 2009 7:25am Mar 5, 2009 7:25am
Quoting Driver55
Even for those who looks on the short term... for today.... as long as we stay below 2584 it is short ( I mean on close on a 1h basis).

the reference points in this area are 2584- 2525-2506
agree
/ ... clarifying decisions ... /
  • #71,572
  • Mar 5, 2009 7:25am Mar 5, 2009 7:25am
dollar index outlook
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  • #71,573
  • Mar 5, 2009 7:29am Mar 5, 2009 7:29am
Quoting radit27
do u think it will go up that new was very up side down eheee i take long
be patient..

hahaha i like your signature...

http://www.forexinfo.tyui.info
  • #71,574
  • Mar 5, 2009 7:40am Mar 5, 2009 7:40am
Quoting got pips?
currently struggling to hold break above 1.2650. this rally have been very strong today. i think the bulls are strong on steroids... but running out of steam.

looks like if we close the hour below 1.2650 we might create today high here before a correction toward 1.2500 occur to test that level for support.

if not the only way i will change my Bias on the pair is if we break above 1.2700.

by the way we are at the top of channel on the 1H.

still holding my short from 1.2640s. expecting the pair to keep droppin back toward 1.2450s to test yesterday lows.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #71,575
  • Mar 5, 2009 7:41am Mar 5, 2009 7:41am
A part of my trading method is to buy where i wish i had bought and sell where i wish i had sold.

So heres my wacky bit of emotional analysis while i wait for my stops to hit.

Hoping for Euro/Gbp to make a double top at 98. (Damn! I wish i had sold there.) Time frame: Some time this life time.

So expect some highs for le-euro and some lows for cable (sorry mr soros).

Like i said, wacky, probably criminal.
bull in a china shop
  • #71,576
  • Mar 5, 2009 7:43am Mar 5, 2009 7:43am
OK, enough is enough, I've just closed my short from 1.2623, opened yesterday - +103 pips.

Nice.
  • #71,577
  • Mar 5, 2009 7:44am Mar 5, 2009 7:44am
Quoting got pips?
still holding my short from 1.2640s. expecting the pair to keep droppin back toward 1.2450s to test yesterday lows.
I think that ~2450 could be a good place to start biulding some longs, with small positions. Now we have to wait and see if 2506 gets broken.
  • #71,578
  • Mar 5, 2009 7:46am Mar 5, 2009 7:46am
Quoting T.E.Lawrence
OK, enough is enough, I've just closed my short from 1.2623, opened yesterday - +103 pips.

Nice.

Congrats.

I'm building longs.
  • #71,579
  • Mar 5, 2009 7:51am Mar 5, 2009 7:51am
Quoting F.x.
Congrats.

I'm building longs.
Frankly, for me it looks like euro is going deeper underground; we've seen today some attempts to break the 4h downtrend channel, but as for now it remains untouched.
  • #71,580
  • Edited 7:52am Mar 5, 2009 7:51am | Edited 7:52am
Quoting dotweb.pl
I think that ~2450 could be a good place to start biulding some longs, with small positions. Now we have to wait and see if 2506 gets broken.
you are right....since we had a nice bounce from that level yesterday we should be looking at it as a support point. i will enter long there too.

if we get there
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
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