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  • #75,981
  • Mar 16, 2009 9:47am Mar 16, 2009 9:47am
set one Buy Limit at 1.2970 area and TP at 1.3125
  • #75,982
  • Mar 16, 2009 9:50am Mar 16, 2009 9:50am
Quoting SunTrader
Are you guys tag team members?


I saw that and was just speechless. Of course it's a pre-cofffee speechless, so no big deal.
FUBAR...
  • #75,983
  • Mar 16, 2009 9:51am Mar 16, 2009 9:51am
Quoting SunTrader
Are you guys tag team members?
LOL no.. i just was perusing the morning posts and that one caught my eye, I then looked at my chart and indicators to confirm and took it.... I do not post much but i read a lot.
  • #75,984
  • Mar 16, 2009 10:00am Mar 16, 2009 10:00am
hi guys,

What are your insights onto the Daily price reaching the 38.2 Fib at around 1.3300 (1.3320 to be precise) ..

Price action definetly shows upward retracement!

Input would be great.
  • #75,985
  • Mar 16, 2009 10:00am Mar 16, 2009 10:00am
@Jhig, impressive trade history... Like the charts too.

Current Long @1.2997, limit @1.3035, may closer soon...
  • #75,986
  • Mar 16, 2009 10:17am Mar 16, 2009 10:17am
Hi Guys,

even if we retrace a little, the possibility of reaching a higher target is still intact.
Personally I imagine the area 3118-3160. From there I forsake the long positions and start new short pos.

All this can happen if usdchf abandon the 1830 level which is very important on a daily basis.
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The best thing that can happen to you is to find out where you're wrong.
  • #75,987
  • Mar 16, 2009 10:18am Mar 16, 2009 10:18am
Quoting Kiz
@Jhig, impressive trade history... Like the charts too.

Current Long @1.2997, limit @1.3035, may closer soon...
Thanks Kiz,
I'm a huge fan of a very least popular indicator, Fibonacci Fan, the distant step child of the Fibonacci Retracement. I give a lot of credit to the "Fan" as opposed to the "Retracement" because the Fan shows me retracements, as well as the Price Action Trend. So, technically, you could use it as a Trend Follower or for Retracements. The great thing about it, throw a MACD on it to gauge momentum and reversals ... and you've got yourself a nice profit making strategy, with a few misguided losses - here and there.

I think most traders on the Eur/Usd thread, should give it a try. E/U tends to Trend more that it Ranges (except for last Friday 13). I've noticed the best time to trade this strategy is during, predictable, non-volatal trending periods, such as Asian and London sessions.
  • #75,988
  • Mar 16, 2009 10:20am Mar 16, 2009 10:20am
Quoting SunTrader
Well I just considered the source and said let them have their fun while their funds last.

Because if I have noticed one thing here at Forex Factory, it is each time I put someone on ignore while I am looking over the list I noticed names of 'traders' who are no longer posting. So that seems to be a good gauge, i.e. put them on ignore and they are gone not very long after. For some reason I haven't added stuttering spsan - yet.

You flatter me
Traders are smartasses
  • #75,989
  • Mar 16, 2009 10:21am Mar 16, 2009 10:21am
I m new in this forum, but I learn you a long time because the statistics, now I join you and I read. My english read in horwul i know but the center of the question is interstand the trande and trade and win money
So luck for trade
I from Portugal city pinzio
  • #75,990
  • Mar 16, 2009 10:22am Mar 16, 2009 10:22am
Quoting Pinzio
I m new in this forum, but I learn you a long time because the statistics, now I join you and I read. My english read in horwul i know but the center of the question is interstand the trande and trade and win money
So luck for trade
I from Portugal city pinzio

Portugal city? where's that?
Traders are smartasses
  • #75,991
  • Mar 16, 2009 10:38am Mar 16, 2009 10:38am
country-PORTUGAL
City PINZIO
  • #75,992
  • Mar 16, 2009 10:42am Mar 16, 2009 10:42am
Very early entry, might be too early.
Good Trading. (keep it simple).
  • #75,993
  • Mar 16, 2009 10:47am Mar 16, 2009 10:47am
Quoting Pinzio
country-PORTUGAL
City PINZIO

Ahh, near Pinhel, i know it, i though pinzio had an italian accent to it...

Anyway, WELCOME and happy trading!
Traders are smartasses
  • #75,994
  • Mar 16, 2009 10:49am Mar 16, 2009 10:49am
It's about time Price Action broke the 1.3000 level. Been waiting for that move for a while now. Let see how low she can go!
  • #75,995
  • Mar 16, 2009 10:57am Mar 16, 2009 10:57am
I am expecting Price to bounce off of the 1.2980 level. Theres no momentum to push it lower at this time.
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  • #75,996
  • Mar 16, 2009 11:00am Mar 16, 2009 11:00am
Looks like FF has died down. So, I'm heading to Lunch. I'll see everyone again this afternoon.
  • #75,997
  • Mar 16, 2009 11:01am Mar 16, 2009 11:01am
Quoting Jhig
I am expecting Price to bounce off of the 1.2980 level. Theres no momentum to push it lower at this time.
Good call, although a little late. I'm sure you were thinking it before you posted it. Thanks.
  • #75,998
  • Mar 16, 2009 11:04am Mar 16, 2009 11:04am
Quoting Jhig
It's about time Price Action broke the 1.3000 level. Been waiting for that move for a while now. Let see how low she can go!
1.3002 is a monthly R1 too
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #75,999
  • Mar 16, 2009 11:09am Mar 16, 2009 11:09am
Quoting dallavise
Good call, although a little late. I'm sure you were thinking it before you posted it. Thanks.
Maybe not a good call, it's still going down.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #76,000
  • Mar 16, 2009 11:15am Mar 16, 2009 11:15am
Then again..........
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