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EURUSD

  • #101,881
  • May 27, 2009 11:29pm May 27, 2009 11:29pm
i am going short now ,, my first t.p
is 1.3778
then 1.3711
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #101,882
  • May 27, 2009 11:34pm May 27, 2009 11:34pm
WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

I LOVE EU
New voice message: Why are you calling me? If I need you, I'll call you!
  • #101,883
  • May 27, 2009 11:35pm May 27, 2009 11:35pm
Got the 200sma on the 1hr right at 3797/3800ish.

4h chart... we'll see.

Anyway, clearing this S/R zone to the downside helps build momentum and it'll need all it can get down a'rd 3700/40ish.
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FUBAR...
  • #101,884
  • May 27, 2009 11:36pm May 27, 2009 11:36pm
Quoting trading801
hi chicky how have you been... everything better this week?

this week is not good for me.. cause i went against my system.. i dont know why though lol

but since, i am recovering now
I am good. Yes, I noticed from your posts. I think you probably want to consider going in one particular direction rather than both. If I correctly inferred, you were long at wrong time and short again at wrong time.
The Thief of Wall Street
  • #101,885
  • May 27, 2009 11:39pm May 27, 2009 11:39pm
The TL is something I'm looking at on the weekly, but it's a weird one and I don't know how much confidence I have in it yet... sort of experimental...

Upper anchor is the area of Hzl S/R and then the circled wick top. No big deal, just stuff I l look at sometimes. Price determines All. The convergence of the diagonal and the Hzl S/R is actually the area of interst... just a hair below where price currently is.
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FUBAR...
  • #101,886
  • May 27, 2009 11:41pm May 27, 2009 11:41pm
Quoting trading801
hi gatorinla.. if it is not too much to ask for, how do u forcast such bounces? i am interested to learn.. thanks alot
bounce usually happens near or at s/r lines or fibs ect.. if you want the best ones go to a longer timer frame..u can use tops/bottoms of candles.. i preferer to use a line chart and do the crooks and bends peaks and valleys.. draw a horizon line at each one,, these are the places you may stall,bounce ect.. throw in some fibs and your set.. after just swap charts to candles or whater and the lines will be there..you can still add wick tops of larger times frames if you perfer..like month week day whatever
those who can, do. those who cant, talk about those who can
  • #101,887
  • May 27, 2009 11:47pm May 27, 2009 11:47pm
decision time.. all aboard .
those who can, do. those who cant, talk about those who can
  • #101,888
  • May 27, 2009 11:53pm May 27, 2009 11:53pm
Quoting ak4x
The TL is something I'm looking at on the weekly, but it's a weird one and I don't know how much confidence I have in it yet... sort of experimental...

Upper anchor is the area of Hzl S/R and then the circled wick top. No big deal, just stuff I l look at sometimes. Price determines All. The convergence of the diagonal and the Hzl S/R is actually the area of interst... just a hair below where price currently is.
let finish the head on this hs first *L* (crossed fingers)
those who can, do. those who cant, talk about those who can
  • #101,889
  • May 27, 2009 11:58pm May 27, 2009 11:58pm
Quoting gatorinla
let finish the head on this hs first *L* (crossed fingers)
There is no finish line in this race.
The Thief of Wall Street
  • #101,890
  • May 28, 2009 12:00am May 28, 2009 12:00am
Quoting Chicky
There is no finish line in this race.
so then why are you racing?
  • #101,891
  • May 28, 2009 12:01am May 28, 2009 12:01am
looks like you get your bounce
  • #101,892
  • May 28, 2009 12:03am May 28, 2009 12:03am
Quoting 2+2=4ex
so then why are you racing?
I am just jogging and enjoying myself. I want to win, but not beat the market in this race. My new method is based on this principle.
The Thief of Wall Street
  • #101,893
  • May 28, 2009 12:04am May 28, 2009 12:04am
bounce came righ at 200 sma as aforementioned by ak. The 38.2 fib level was also right there. That set up makes for good bounce which we are getting.
  • #101,894
  • May 28, 2009 12:06am May 28, 2009 12:06am
I don't know what to do.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #101,895
  • May 28, 2009 12:07am May 28, 2009 12:07am
Quoting Chicky
I am just jogging and enjoying myself. I want to win, but not beat the market in this race. My new method is based on this principle.
that's the mindset I have taken also. I think it's the best way in order to succeed.
  • #101,896
  • May 28, 2009 12:08am May 28, 2009 12:08am
Quoting The Fool
I don't know what to do.
You may like to listen to everyone unitl you get extremely confused, only then you would know what to do.

Read line next to my Avatar above.
The Thief of Wall Street
  • #101,897
  • May 28, 2009 12:10am May 28, 2009 12:10am
Quoting The Fool
I don't know what to do.
If you're not in already, then best thing is to stay out until you feel good about a direction. If you are in, then ride it out and pray...but have a game plan and know when you are willing to cut loses if need be.
  • #101,898
  • May 28, 2009 12:17am May 28, 2009 12:17am
Quoting The Fool
I don't know what to do.
have no fear: you are in good company with the majority!!
Pip what you see; See what you pip!
  • #101,899
  • May 28, 2009 12:17am May 28, 2009 12:17am
Quoting 2+2=4ex
that's the mindset I have taken also. I think it's the best way in order to succeed.
I would say reasonably good, because it requires a lot of screen time. Maybe proper use of this time is to keep an eye on the big picture of world economy, maket behavior, and ever unfolding events. That may help us in adding to our knowledge and having more confidence in our trades without affecting the profit/loss bottom line .....or probably improve it.
The Thief of Wall Street
  • #101,900
  • May 28, 2009 12:18am May 28, 2009 12:18am
Morning all. Good movements then last night. As I have to close my computer I raised my tp to 1.3895 and sl at the top of a down candle at that time 1.3908 for my risky account but not the other one I kept open the tp & now close . The reach seems deep below 1.3752 .

Anyway hope all trading well & good luck.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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