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Attachments: EURUSD
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EURUSD

  • #92,361
  • May 4, 2009 3:33pm May 4, 2009 3:33pm
Long of the EUR :

Entry: 1.3370
TP : 1.3453
SL 1.3190

I will be posting a review of this trade after the exit. check http://www.youtube.com/user/sionsmith for more information.

Cheers WG
  • #92,362
  • May 4, 2009 3:36pm May 4, 2009 3:36pm
Quoting gatorinla
man you dont know how many times i heard that one.. a little ice water usually helps
*LOL*
Traders are smartasses
  • #92,363
  • May 4, 2009 3:45pm May 4, 2009 3:45pm
Hi & Thank you, all. Thanks for the advice sleep1eye. I scalp on divergence and with trend as well and in the latter case with multiple entries so I am open to let these run long term. I have learned to hate stop-losses and so I don't use them. (Foolish?) Re: risk management, sage advice as well & perhaps the hardest thing to learn. Takes much discipline. Can't learn discipline without pain, but, "the price of discipline is always less than the pain of regret."

Anyway, I am betting we will see a run back down that last big run-up, at least halfway down, to 1.3300 or lower, by this time tomorrow.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #92,364
  • May 4, 2009 3:47pm May 4, 2009 3:47pm
Quoting The Fool
Hi & Thank you, all. Thanks for the advice sleep1eye. I scalp on divergence and with trend as well and in the latter case with multiple entries so I am open to let these run long term. I have learned to hate stop-losses and so I don't use them. (Foolish?) Re: risk management, sage advice as well & perhaps the hardest thing to learn. Takes much discipline. Can't learn discipline without pain, but, "the price of discipline is always less than the pain of regret."

Anyway, I am betting we will see a run back down that last big run-up, at least...
Trade what you know is going to happen and just watch what you think will happen.
  • #92,365
  • May 4, 2009 4:00pm May 4, 2009 4:00pm
Quoting warta
The Economic Outlook, May 2009

http://www.richmondfed.org/images/thumbnails/lacker.gif
May 4, 2009

Remarks by Jeffrey Lacker, President, Federal Reserve Bank of Richmond
Charlottesville business leaders
Farmington County Club
Charlottesville, VA


As you are well aware, we in the midst of a severe recession. It is likely that, by at least some metrics, this recession will prove to be more severe than any other we have seen in the last 60 years. The recession began at the beginning of last year, and the rate of...

Evenin all.
This guy sounds as dumb as he looks. As usual bankers still livin in cuckoo land.
  • #92,366
  • May 4, 2009 4:03pm May 4, 2009 4:03pm
Quoting welshguy2000
Long of the EUR :

Entry: 1.3370
TP : 1.3453
SL 1.3190

I will be posting a review of this trade after the exit. check http://www.youtube.com/user/sionsmith for more information.

Cheers WG
Perfect entry, TP looks good also.
Well done.
I entered at 1.3394 and had suffer a retrace to the level you got in.
Good Trading. (keep it simple).
  • #92,367
  • May 4, 2009 4:14pm May 4, 2009 4:14pm
Quoting Atlast
Evenin all.
This guy sounds as dumb as he looks. As usual bankers still livin in cuckoo land.
thats wut i said he make me smile
  • #92,368
  • May 4, 2009 4:18pm May 4, 2009 4:18pm
Looks like Euro trying to test 1.40 as daily resistance has now been broken with bullish candle.
  • #92,369
  • May 4, 2009 4:22pm May 4, 2009 4:22pm
Where have I seen this pattern described before. Anyone remember.
I feel sure I have read this somewhere about this type of PA following a significant advance. It's all that inside bar activity. Oh well
Attached Image (click to enlarge)
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  • #92,370
  • May 4, 2009 4:27pm May 4, 2009 4:27pm
hoping this is where they were trying to grab buys and now this is the dip down.. who wants a weak dollar?
  • #92,371
  • May 4, 2009 4:54pm May 4, 2009 4:54pm
so who really did it

i have lost money today. i am going to write a post today. definitely I am going to write about it today
Its all in the mind.
  • #92,372
  • May 4, 2009 4:59pm May 4, 2009 4:59pm
Quoting 5abi
so who really did it

i have lost money today. i am going to write a post today. definitely I am going to write about it today
All I have to say is - I must be living in a cave because I don't remember the economy of the US getting worse and ECB getting better. I thought it was SOS different day. I gotta get out more.
  • #92,373
  • May 4, 2009 5:03pm May 4, 2009 5:03pm
hmm more like people with rose colored glasses. i still think such optimism is pre-mature. I will not sell greenbacks to buy euros. (and pounds) I guess this is the pending home sales that did it...

but I lost money today and I am now going to write a post aboot it.

Quoting dysan4x
All I have to say is - I must be living in a cave because I don't remember the economy of the US getting worse and ECB getting better. I thought it was SOS different day. I gotta get out more.
Its all in the mind.
  • #92,374
  • May 4, 2009 5:04pm May 4, 2009 5:04pm
It’s really beautiful how she flies but I really love her when she gets wild
  • #92,375
  • May 4, 2009 5:06pm May 4, 2009 5:06pm
that is a nice username you got there, do you really use TRIX?

Quoting AngelaTrix
It’s really beautiful how she flies but I really love her when she gets wild
Its all in the mind.
  • #92,376
  • May 4, 2009 5:08pm May 4, 2009 5:08pm
Hi there,
Is it possible someone make a brief analysis for the next cotation of the EURUSD for the next couple of hours?
Are we going to see a upper movement or a retreat to around 1,33?
Best regards to all
  • #92,377
  • May 4, 2009 5:15pm May 4, 2009 5:15pm
Quoting Alado
Hi there,
Is it possible someone make a brief analysis for the next cotation of the EURUSD for the next couple of hours?
Are we going to see a upper movement or a retreat to around 1,33?
Best regards to all
What do you think we are doing?
And I don't know.
Tell me what you get.
Attached Image (click to enlarge)
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  • #92,378
  • May 4, 2009 5:18pm May 4, 2009 5:18pm
Quoting knuckledrag
What do you think we are doing?
And I don't know.
Tell me what you get.
I like your answer better than mine, but here goes.

It goes left to right up and down. Been going up since March. Where is it going? Who knows.
  • #92,379
  • May 4, 2009 5:22pm May 4, 2009 5:22pm
Quoting dysan4x
I like your answer better than mine, but here goes.

It goes left to right up and down. Been going up since March. Where is it going? Who knows.
we've hit the channel wall lets see
  • #92,380
  • May 4, 2009 5:24pm May 4, 2009 5:24pm
Quoting 5abi
that is a nice username you got there, do you really use TRIX?
It’s a long story! But to make it short, it’s a nickname to remind me great moment in my life.
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