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  • #101,941
  • May 28, 2009 2:10am May 28, 2009 2:10am
Gotta go to sleep, have limit sell orders @ 1.3850, 1.3900 and 1.3950, just in case. All with target 1.3740.

Good night! and Good luck during London,
New voice message: Why are you calling me? If I need you, I'll call you!
  • #101,942
  • May 28, 2009 2:11am May 28, 2009 2:11am
Quoting TheFisherman
This was the first post, I did posted later developments including the 9 pip to SL heavy adrenaline rush. Profit is in my national currency don't get fooled, it's only 95 pips.

A little bit of bragging. Is it allowed?
bada boom! Nice!
  • #101,943
  • May 28, 2009 2:15am May 28, 2009 2:15am
Quoting KillerWhale
Gotta go to sleep, have limit sell orders @ 1.3850, 1.3900 and 1.3950, just in case. All with target 1.3740.

Good night! and Good luck during London,

Sleep well.
  • #101,944
  • May 28, 2009 2:18am May 28, 2009 2:18am
Good morning to All. I think today we will witness to a 1.3740 support test - there's too much US reports today which may drop the pair even more.
If your coffee smiles at you - smile it back
  • #101,945
  • May 28, 2009 2:18am May 28, 2009 2:18am
Quoting gatorinla
this is what i was talking about LMAO i said i know the feeling
Imagination is blessing.
The Thief of Wall Street
  • #101,946
  • May 28, 2009 2:25am May 28, 2009 2:25am
so is hemroids to the employees who make preperation H.. but its still a pain in the ass for the users..
those who can, do. those who cant, talk about those who can
  • #101,947
  • May 28, 2009 2:27am May 28, 2009 2:27am
Hello all. After being 260 pips up for the week I have taken my latest position. This current position is half size with twice the stop loss and twice the take profit(tp will be taken at any time I please of course). This larger stop loss is due to the volatility in the markets we have experienced this week where even my normal 50pip stop loss feels too tight (shorting the 1.4000 area was too easy).

Reasons for entry...only one really...we are hanging above a major support level at around the psychological 1.3800 level. My current position assumes that we will break this support and continue on to the next major support. What makes me think that will happen? The fact that during the uptrend in recent weeks every resistance broken became support so if this is indeed the beggining of a downtrend...the last support broken (yesterday's low represented by black line) should now act as resistance

Good pippin all

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Sidenote:if we do go back up (close to 1.4000)...no worries...it creates room for bigger positions which present far lower risk then my current one be it selling or buying
Different opinions highly valued, ignorant to slander.
  • #101,948
  • May 28, 2009 2:41am May 28, 2009 2:41am
http://blog.forexcycle.com/wp-conten...8-eurusd-1.gif
  • #101,949
  • May 28, 2009 2:41am May 28, 2009 2:41am
Quoting Jasper
Further.... I have a small Oanda Trade account which I use to test out trades, and just for you I have opened it up and gone short at 1.3837, purely based on price action reading. I would not do this on my other account, because due to being on the forum I have not been paying the attention I should have.

Lets see how things develop?

I will post the chart result up for you within the next hour or so. Bear in mind I took a quick analysis!
Yep, good luck with that short Jasper. I'm up a little over 2% on the account in the last 2 hours of scalping. That's enough & I'm off to bed.

Good luck all.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #101,950
  • May 28, 2009 2:43am May 28, 2009 2:43am
ooppss EUR up... why?
  • #101,951
  • May 28, 2009 2:45am May 28, 2009 2:45am
psi !! how r u bro.. i am in the elevator down !
  • #101,952
  • May 28, 2009 2:49am May 28, 2009 2:49am
Dynamic continuation resistant @13860 have been taken out and price poised for a upmove to develop into a rangey/consolidation mode.

Shorters/sellers ignore at your own risks.

GL and stay nimble by following the signposts.
  • #101,953
  • May 28, 2009 2:49am May 28, 2009 2:49am
possible TP for the longer:
1.3868 1.3878 and after that 1.3953
  • #101,954
  • May 28, 2009 2:52am May 28, 2009 2:52am
...Noooootch....
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  • #101,955
  • May 28, 2009 2:55am May 28, 2009 2:55am
Quoting John Lo
ooppss EUR up... why?
No reason. Open was way below the pivot line. It wants 1.388ish before deciding where to go.
  • #101,956
  • May 28, 2009 2:57am May 28, 2009 2:57am
Quoting psiholog

Reasons for entry...only one really...we are hanging above a major support level at around the psychological 1.3800 level. My current position assumes that we will break this support and continue on to the next major support. What makes me think that will happen? The fact that during the uptrend in recent weeks every resistance broken became support so if this is indeed the beggining of a downtrend...the last support broken (yesterday's low represented by black line) should now act as resistance
Well, that didn't last long.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #101,957
  • May 28, 2009 2:59am May 28, 2009 2:59am
Quoting KillerWhale
Well, that didn't last long.

Well I see this area as the high of the day. Clearing out laggards for the journey down.

I'm short.
  • #101,958
  • May 28, 2009 2:59am May 28, 2009 2:59am
Quoting TheFisherman
No reason. Open was way below the pivot line. It wants 1.388ish before deciding where to go.
Luck?

(I didn't post this trade as I wasn't so sure about it)
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  • #101,959
  • May 28, 2009 3:01am May 28, 2009 3:01am
Quoting notch
Well I see this area as the high of the day. Clearing out laggards for the journey down.

I'm short.
Of course, I'm short too. until I die or reach 1.3740.

I should be sleeping right now.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #101,960
  • May 28, 2009 3:05am May 28, 2009 3:05am
Quoting gatorinla
oh well i dumped cargo... looking for another ticket 3884
all it did was bounce close to last fib as expected..still has to hit it..3882 was 3884 earlier i changed entry..
those who can, do. those who cant, talk about those who can
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