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  • #95,461
  • May 13, 2009 4:38am May 13, 2009 4:38am
Quoting Atlast
I'm using breakouts to downside rather than reversals to downside, a bit safer considering the long term trend, updated my break below to 1.3679.
AtLast,
How many pips have you bagged so far?
  • #95,462
  • May 13, 2009 4:38am May 13, 2009 4:38am
Quoting Atlast
Your 1.3671 level a bit off, my 1.3667 was more on target. Also, my 1.3704 level haven't yet been hit, but that is the long position play. Making steady pips, how have you been doin?
as I've mentioned b4 ,we'll touch 1.3706 again & then will fall down till 1.3659 this time.
  • #95,463
  • May 13, 2009 4:40am May 13, 2009 4:40am
Quoting Hasnaa
as I've mentioned b4 ,we'll touch 1.3706 again & then will fall down till 1.3659 this time.
Hi,
What method are you using?
  • #95,464
  • May 13, 2009 4:42am May 13, 2009 4:42am
Quoting notch
Hi,
What method are you using?
its called guessing.
"i wake up in the morning, and i piss excellence"
  • #95,465
  • May 13, 2009 4:42am May 13, 2009 4:42am
Quoting Atlast
I'm using breakouts to downside rather than reversals to downside, a bit safer considering the long term trend, updated my break below to 1.3679.

I agree but i don't see safe trading @ the moment.

bulls are fighting to the last breath same does the bears.
and I just wish they finish in any direction

3685 is their magic number so far and I wish we don't stay around that figure any longer coz it will be very boring
I SEE YOU !!
  • #95,466
  • May 13, 2009 4:43am May 13, 2009 4:43am
Quoting trader69
its called guessing.
  • #95,467
  • May 13, 2009 4:44am May 13, 2009 4:44am
Quoting trader69
its called guessing.
rofl
I SEE YOU !!
  • #95,468
  • May 13, 2009 4:44am May 13, 2009 4:44am
I dont think this BB want to let EUR touch 136/135 today...will be in a tight range until today...

GMT - Talk of a corporate demand for [EUR/USD] has helped keep the pair
close to 1.3700 so far this session, with rumours of a European Bank
buying the headline in order to liquidate Usd assets also doing the
rounds. Much talk of semi official supply into the 1.3700-20 zone has
been linked to the protection of a large 1.3750 expiry, with a Eur 10mln
payout. Offers are also lurking above 1.3720 and currently capping trade.
Large 1.3700 option interest is said to be expiring today, with large 1.3750 expiry with a Eur 10mln
payout.
  • #95,469
  • May 13, 2009 4:44am May 13, 2009 4:44am
Quoting trader69
its called guessing.
True!!!
  • #95,470
  • May 13, 2009 4:45am May 13, 2009 4:45am
Quoting notch
AtLast,
How many pips have you bagged so far?
Around 40, not bad for a 50 pip range. I try not to count pips till the end of the day, as it gets in my head, just % winners, so far all winners, except 2 scratch trades. Any 2 losers in a row and I back off.
You may be right about catching shorts for a long up. It could be silly buggers time if they pull me in a long above 1.3704.
  • #95,471
  • May 13, 2009 4:45am May 13, 2009 4:45am
Quoting trader69
its called guessing.

  • #95,472
  • May 13, 2009 4:46am May 13, 2009 4:46am
i ve just bagged 34pips so far since 4hrs ago ,do i shut out my scalping tools or watch the market jump up and down?it looks like friday to me here thats why i dont trade on fridays,am a newbie plz what do i do now......
  • #95,473
  • May 13, 2009 4:47am May 13, 2009 4:47am
bad news from bank of england sending gu down almost -100
will it also pull eu down?
Some drink at the fountain of knowledge. Others just gargle !
  • #95,474
  • May 13, 2009 4:48am May 13, 2009 4:48am
Quoting Atlast
Around 40, not bad for a 50 pip range. I try not to count pips till the end of the day, as it gets in my head, just % winners, so far all winners, except 2 scratch trades. Any 2 losers in a row and I back off.
You may be right about catching shorts for a long up. It could be silly buggers time if they pull me in a long above 1.3704.

Good idea about not counting pips. How do you back off?

Yep...the market is in extreme balance right now so any breakout should be significant. If it breaks down then I expect it to remain there for a very short time before reversing fast and hard. This is based on what the charts tell me but we'll see.

I'm still stuck in a AUDCAD trade from last night, just waiting for the price to drop hard also doing quite well on the FT100. And up 16 pip on the EURUSD not including the LT position.
  • #95,475
  • May 13, 2009 4:49am May 13, 2009 4:49am
Quoting trader69
its called guessing.
Just follow the Market Movements & then U'll acknowledge that it is Guessing or not , Ok...!?
first touching will be 1.3694 !
  • #95,476
  • May 13, 2009 4:50am May 13, 2009 4:50am
bo00rrrring
Attached Image
  • #95,477
  • May 13, 2009 4:50am May 13, 2009 4:50am
Quoting webglobe
i ve just bagged 34pips so far since 4hrs ago ,do i shut out my scalping tools or watch the market jump up and down?it looks like friday to me here thats why i dont trade on fridays,am a newbie plz what do i do now......
Definitely not a friday dude. Fridays are not boring.
  • #95,478
  • May 13, 2009 4:51am May 13, 2009 4:51am
Quoting webglobe
i ve just bagged 34pips so far since 4hrs ago ,do i shut out my scalping tools or watch the market jump up and down?it looks like friday to me here thats why i dont trade on fridays,am a newbie plz what do i do now......

Take your 34 pips home and enjoy the rest of your day.
  • #95,479
  • May 13, 2009 4:52am May 13, 2009 4:52am
Quoting plan-b
bad news from bank of england sending gu down almost -100
will it also pull eu down?

no, can actually bring euro up, but doesnt look like it will. check out eurgbp, up up and away! at least mervin king tells it like it is. trichet on the other hand, he's a douche!!
"i wake up in the morning, and i piss excellence"
  • #95,480
  • May 13, 2009 4:52am May 13, 2009 4:52am
Quoting Hasnaa
as I've mentioned b4 ,we'll touch 1.3706 again & then will fall down till 1.3659 this time.
Could be right. One thing though I detect a degree of certainty in your levels, watch the method you're using, at any time the waves could turn and it could be case of the hard landing. Play out that pattern you have and you should be in the pink.
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