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We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #1,981
  • May 13, 2009 4:12am May 13, 2009 4:12am
Quoting AceOfTrades
haven't started trading yet and i dont think i will as the last 2 days have taught me to recognize when to sit out. looks like this is one of those times.
G'day Ace,
I do agree with you, looks like the markets today are all in consolidation.
I had only one entry today and it was my pending order from yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009.05.13 10.30 eurusd.gif Size: 28 KB
  • #1,982
  • May 13, 2009 4:15am May 13, 2009 4:15am
hey dareXau we are from the same city
  • #1,983
  • May 13, 2009 4:15am May 13, 2009 4:15am
looking for short E/U 1.3663
anyone with me?
  • #1,984
  • May 13, 2009 4:16am May 13, 2009 4:16am
mine is at 1.3659
  • #1,985
  • May 13, 2009 4:32am May 13, 2009 4:32am
long E/U 1,3698? what do you thing?
  • #1,986
  • May 13, 2009 4:36am May 13, 2009 4:36am
bad morning
  • #1,987
  • May 13, 2009 4:37am May 13, 2009 4:37am
looks too risky to me. im not putting in any other orders except that short for now.
  • #1,988
  • May 13, 2009 4:51am May 13, 2009 4:51am
Quoting AceOfTrades
hey dareXau we are from the same city
The world is not so big. Where abouts in Adel you live? I'm in Aberfoyle Park.
  • #1,989
  • May 13, 2009 5:02am May 13, 2009 5:02am
norwood.
  • #1,990
  • May 13, 2009 5:13am May 13, 2009 5:13am
Not far at all, so we have to catch-up one day for a coffee.
  • #1,991
  • May 13, 2009 5:15am May 13, 2009 5:15am
Did anybody trade during last hour??? I did not...
  • #1,992
  • May 13, 2009 5:40am May 13, 2009 5:40am
sure dare.

i did one it was a short at 1.3659 should have won but the erratic price movement must have stopped me out.
  • #1,993
  • May 13, 2009 5:46am May 13, 2009 5:46am
Watching this setup for a short trade on E/$
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 18 KB
  • #1,994
  • May 13, 2009 5:59am May 13, 2009 5:59am
Hi Guys,
Looking at this possible entery on the break,

http://www.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 132.gif Size: 27 KB
  • #1,995
  • May 13, 2009 6:02am May 13, 2009 6:02am
Ace,
Have you been involve in forex for long? How do you coup with the market's' time sessions?
  • #1,996
  • Edited 6:27am May 13, 2009 6:11am | Edited 6:27am
Price has made a U turn and now I'm looking for a long setup. Fxachilies chart shows what I'm looking at.
Edit:
Lots of U turns to make it a circle, going nowhere.
  • #1,997
  • May 13, 2009 6:16am May 13, 2009 6:16am
Quoting fxachilies
Hi Guys,
Looking at this possible entery on the break,

http://www.forexfactory.com/images/attach/gif.gif
... not very convincing for me, I like to see the price action getting out of this ranging area of recent consolidation.
  • #1,998
  • May 13, 2009 6:18am May 13, 2009 6:18am
out with -14... dont like the bearish full candel.. this could be nothing but just a simple pullback.. but, why take a chance.. I can always renter.. right.
  • #1,999
  • May 13, 2009 6:33am May 13, 2009 6:33am
Quoting DareXau
Ace,
Have you been involve in forex for long? How do you coup with the market's' time sessions?
ive been trading 4 monsh pretty much full time, im a uni student so trading form 4:30pm till 12-1:30am is almost perfect for me
  • #2,000
  • May 13, 2009 6:41am May 13, 2009 6:41am
Guys, I suggest sit on your hands until pass 8:30 - core retail sales report. Investors are very attentive on this report.
Peace
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