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  • #83,361
  • Apr 5, 2009 6:22pm Apr 5, 2009 6:22pm
Quoting SeerEye
whew - finally; a voice of reason on the thread!!
whats your gu bias at the moment..
those who can, do. those who cant, talk about those who can
  • #83,362
  • Apr 5, 2009 6:31pm Apr 5, 2009 6:31pm
Quoting gatorinla
whats your gu bias at the moment..
do you want to wait for it to go up may be 30-40 pips and then perhaps short it at that time?
  • #83,363
  • Apr 5, 2009 6:42pm Apr 5, 2009 6:42pm
that probably best i was gonna short it at 4982 tp 4895.. but set tp to be as soon as possible.. with a tp 4926 with trail of 10... oh well im long now... 4920.. sl 4890 tp 8982.. subject to change,,
those who can, do. those who cant, talk about those who can
  • #83,364
  • Apr 5, 2009 6:47pm Apr 5, 2009 6:47pm
Quoting gatorinla
that probably best i was gonna short it at 4982 tp 4895.. but set tp to be as soon as possible.. with a tp 4926 with trail of 10... oh well im long now... 4920.. sl 4890 tp 8982.. subject to change,,
Huh?
The Thief of Wall Street
  • #83,365
  • Apr 5, 2009 6:49pm Apr 5, 2009 6:49pm
5Min chart shows an uptrend that agrees with using a Trendline. Price is currently setup for a nice 30 pip downward trend before hitting that trendline again. I'll be looking for a bounce back upwards off the trendline OR watch price break through and take on a SELL order.
Attached Image (click to enlarge)
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  • #83,366
  • Apr 5, 2009 6:50pm Apr 5, 2009 6:50pm
i can set multiple action sl... for instance a tp price then put me with a trailing stop if i like.. i dont think onada offers that..or even a trailing stop option. gu chicky
those who can, do. those who cant, talk about those who can
  • #83,367
  • Apr 5, 2009 6:51pm Apr 5, 2009 6:51pm
you can try withdraw 5% profit see if it pass through? the major complaints are on withdrawal barriers. if it's okey maybe 50% risk is removed.

Quoting bradorboy
I switched to Windsor Brokers and FXPro (Cyprus based). The main reason I use them is because I can trade all CFDs and Futures like market indexes, OIL, Gold, some major stocks like 30 etc...helps me to hedge against my ideas....and also get into trouble where I have no business trading something I know nothing about lol! Also, somebody here told Oanda was good last week but I haven't tried them. I know they open pretty early Sundays. You guys heard anything bad about the Cyprus brokers? I haven't had any problems at all from either.
  • #83,368
  • Apr 5, 2009 6:56pm Apr 5, 2009 6:56pm
i heard the news that upcoming days for eur were bad for this month...
but the way i see it is different... it keeps getting stronger...
does anyone think it will hit 3700 tonight?
  • #83,369
  • Apr 5, 2009 6:57pm Apr 5, 2009 6:57pm
Quoting billye
you can try withdraw 5% profit see if it pass through? the major complaints are on withdrawal barriers. if it's okey maybe 50% risk is removed.
I have made 200% of my deposit withdrawls from them, no problems...
  • #83,370
  • Edited 7:06pm Apr 5, 2009 6:59pm | Edited 7:06pm
Quoting gatorinla
i can set multiple action sl... for instance a tp price then put me with a trailing stop if i like.. i dont think onada offers that..or even a trailing stop option. gu chicky
IMHO the best time to short this thing will be from 1.3900 to 1.4400. It may hit 1.3850 from any point from 1.3900 to 1.4400. But as I said this is just my opinion. Further, I dont rule out a possibility of it hitting 1.3500 once again before finally leaving for 1.3800.
The Thief of Wall Street
  • #83,371
  • Apr 5, 2009 7:08pm Apr 5, 2009 7:08pm
looking at charts based on trendlines
3 potential trades for +215 pips

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd040509-3.gif Size: 28 KB
Click to Enlarge Name: eurusd040509-4.gif Size: 15 KB
Click to Enlarge Name: eurusd040509-5.gif Size: 18 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #83,372
  • Apr 5, 2009 7:10pm Apr 5, 2009 7:10pm
I have already shorted at 3570 . Might be a little early for a short so SL at BE+1. My target areas are 3520 and 3475 but my feel good indicator tells me this will be a +1 trade.
  • #83,373
  • Apr 5, 2009 7:17pm Apr 5, 2009 7:17pm
Don't forget,
We still have a GAP to fill
1.3485
New voice message: Why are you calling me? If I need you, I'll call you!
  • #83,374
  • Apr 5, 2009 7:21pm Apr 5, 2009 7:21pm
Quoting Chicky
IMHO the best time to short this thing will be from 1.3900 to 1.4400. It may hit 1.3850 from any point from 1.3900 to 1.4400. But as I said this is just my opinion. Further, I dont rule out a possibility of it hitting 1.3500 once again before finally leaving for 1.3800.
yeah i wasted a little coin last week on it short..i did only trade 1/10 normal positions..this thing atr kinda sucks and its between recent highs and lows.. im just scalper between the lines for now..
those who can, do. those who cant, talk about those who can
  • #83,375
  • Apr 5, 2009 7:24pm Apr 5, 2009 7:24pm
I dont really see a short at these levels currently. Ofcourse may change in a few hours from now, but make sure you get a wide s/l

Quoting dysan4x
I have already shorted at 3570 . Might be a little early for a short so SL at BE+1. My target areas are 3520 and 3475 but my feel good indicator tells me this will be a +1 trade.
  • #83,376
  • Apr 5, 2009 7:32pm Apr 5, 2009 7:32pm
Quoting gatorinla
yeah i wasted a little coin last week on it short..i did only trade 1/10 normal positions..this thing atr kinda sucks and its between recent highs and lows.. im just scalper between the lines for now..
Look at it this way, 1/10 position spared 90cents from aligator. I did not change my long position, however, scalped a few pips in opposite direction. Still 100 pips down from last week. But hope to make them up if this thing goes up to 1.3500. It should not leave such a significant psychic level (whatever they call it) with such an ease. If it gets there, probably momentum takes it further down, at least for a while. Let's see what it does.
The Thief of Wall Street
  • #83,377
  • Apr 5, 2009 7:35pm Apr 5, 2009 7:35pm
Quoting bradorboy
I left IBFX for that exact reason. Especially they are high Sunday nights and every other night during this time...you can find other brokers that treat you better plus they have stupid deposit fees.

yeah i have speads of 8-9 for eur/gbp on early asian !!!

btw they r intoducing 5th decimal soon ... will it help?? why do they want to intro it?
  • #83,378
  • Apr 5, 2009 7:36pm Apr 5, 2009 7:36pm
Another example of crappy pivots not working. They didn't get the exact (to the 1/10th) of a pip in each price swing.

And as it should be (ideally) 4 buys as opposed to 2 sell points in an uptrend.

Above for those who don't realize is sarcasm. I am a pivot believer.
Attached Image (click to enlarge)
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  • #83,379
  • Apr 5, 2009 7:39pm Apr 5, 2009 7:39pm
Quoting Sandhu
I dont really see a short at these levels currently. Ofcourse may change in a few hours from now, but make sure you get a wide s/l
I normally use 100 - 300 SL and close quicker if I don't like PA. I am looking for a spike to 3600 or a little higher. The 1 hr is showing me there is a break coming. Don't know how much or when but that's what I am watching for. I do expect the gap to get filled also.
  • #83,380
  • Apr 5, 2009 7:41pm Apr 5, 2009 7:41pm
Quoting eaglestar
looking at charts based on trendlines
3 potential trades for +215 pips

Nice charts, but where the heck are the trades? With such nice charting ability, one would think you could in advance spell out the entry and likely exit targets. All you got here are lines.
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