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EURUSD

  • #93,421
  • May 7, 2009 3:51am May 7, 2009 3:51am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
This 1 hr close would look like a reversal pattern IMO. Careful bro.
"Wishful thinking dies hard." Igor T.
  • #93,422
  • May 7, 2009 3:52am May 7, 2009 3:52am
Quoting FXCapitalist
trendline break? more like the buyers evaporated.

You just have to trade what you see on the charts. Treandline break on the 1 min chart.
  • #93,423
  • May 7, 2009 3:53am May 7, 2009 3:53am
Quoting FxChi
This 1 hr close would look like a reversal pattern IMO. Careful bro.
Don't worry, options got my back.
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,424
  • May 7, 2009 3:53am May 7, 2009 3:53am
Quoting FXCapitalist
Here comes a breakdown or break up within the next 5 minutes or less. (mostlikely down)
I could be on the other side of your trade and we could both make money here
  • #93,425
  • May 7, 2009 3:54am May 7, 2009 3:54am
Quoting notch
Why?
I don't know his reasons but my guess would be break of support line and hoping it will turn resistance at 1.3290 area
i have a short at 1.3340 trailing stop locking in profit at 1.3293
will let it play out and look for fresh areas after the news events
Some drink at the fountain of knowledge. Others just gargle !
  • #93,426
  • May 7, 2009 3:54am May 7, 2009 3:54am
Quoting notch
You just have to trade what you see on the charts. Treandline break on the 1 min chart.
I just got it with price + 1 MA, thats all I need. Gotta play the hot hand guys.
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,427
  • May 7, 2009 3:54am May 7, 2009 3:54am
Quoting Atlast
I could be on the other side of your trade and we could both make money here
- 8 pips
  • #93,428
  • May 7, 2009 3:55am May 7, 2009 3:55am
Looks like it is going up

I got my stop on BE now. We'll see how this one goes.
  • #93,429
  • May 7, 2009 3:56am May 7, 2009 3:56am
Quoting Atlast
I could be on the other side of your trade and we could both make money here
too bad my options dont reprice till 930am
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,430
  • May 7, 2009 3:58am May 7, 2009 3:58am
Quoting notch
- 8 pips
+10 min and counting
  • #93,431
  • May 7, 2009 3:58am May 7, 2009 3:58am
I guess 3315 might come

if it does might be good place to short
I SEE YOU !!
  • #93,432
  • May 7, 2009 4:00am May 7, 2009 4:00am
I'll re evaluate at 1.3310xx
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,433
  • May 7, 2009 4:01am May 7, 2009 4:01am
Quoting FXCapitalist
I just got it with price + 1 MA, thats all I need. Gotta play the hot hand guys.
I'm seriously starting to consider scrapping all indicators except price action.
  • #93,434
  • May 7, 2009 4:02am May 7, 2009 4:02am
you should, I just trade based off of open and close prices.
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,435
  • May 7, 2009 4:03am May 7, 2009 4:03am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Hope I can get a pullback to 3278 and then I'll target 3310.
"Wishful thinking dies hard." Igor T.
  • #93,436
  • May 7, 2009 4:03am May 7, 2009 4:03am
Quoting dbfusion
I guess 3315 might come

if it does might be good place to short
1.3310xx you guys should have problems.
"Diversification is an excuse for a lack of talent" ~FXC
  • #93,437
  • May 7, 2009 4:03am May 7, 2009 4:03am
Quoting FXCapitalist
I'll re evaluate at 1.3310xx
Reevaluate at that level and you may miss the trip.
  • #93,438
  • May 7, 2009 4:04am May 7, 2009 4:04am
13315 will triggered intraday basing signal...sellers/shorter becareful.
  • #93,439
  • May 7, 2009 4:05am May 7, 2009 4:05am
+16 partial profit taken
  • #93,440
  • May 7, 2009 4:05am May 7, 2009 4:05am
Quoting Atlast
Reevaluate at that level and you may miss the trip.
I'm not missing anything, My options aren't they're ITM. So I'm good.
"Diversification is an excuse for a lack of talent" ~FXC
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