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EURUSD

  • #102,921
  • May 29, 2009 1:03pm May 29, 2009 1:03pm
Quoting SeerEye
Meany!!
FUBAR...
  • #102,922
  • May 29, 2009 1:04pm May 29, 2009 1:04pm
Quoting fando
i just cant understand why you go short when an up trend is intact. probably, sunday afternoon and monday we will see some sideway movement, but there is no sign tells us market will go south. anyway, this is my point of view.
I play both sides of the market. Many intraday trades lasting between 3 min to 2 hours or more. When I go intermediate I build positions. I am rarely long near the end of a move, and rarely short at the end, I usually get out before it reaches the end and look to trade the extended moves.
  • #102,923
  • May 29, 2009 1:06pm May 29, 2009 1:06pm
Quoting Whist
Dunno if talking about same video. Was just a guy explaining stuff..

Didnt see him advertising anything, but maybe i didnt see cause im new at this..

I think you might be referring to WelshGuy.
  • #102,924
  • May 29, 2009 1:09pm May 29, 2009 1:09pm
Quoting The Fool
Woohoo my first 10 pips of the day! God I never felt so alive!

Just need another 100 or so to break even on my first big month of live forex trading.....

Good stuff, The Fool!!!

  • #102,925
  • May 29, 2009 1:11pm May 29, 2009 1:11pm
Quoting The Fool
I'm sorry Master notch, I will endeavor to improve. I had a pretty big drawdown in the early AM - one of this fast big moves up took out a sl on a pretty big position.

Overall, I am still hopeful. I have been consistently profitable when I have stuck to what I know how to do & have only lost (some really big ones) due to really stupid & laughable mistakes (for instance, my cat walked across the keyboard once and closed out a trade that was deep in the red) and trying to swing trade which I am too dumb to be consistent at yet...

You garden? Me...

Well I guess we are all still learning. All I can say is thank God for stop-losses. I'm sure next week will result in better profits for all.
  • #102,926
  • May 29, 2009 1:11pm May 29, 2009 1:11pm
i must say senior traders talks to complicated and some times too boasting for newbies herenot good
  • #102,927
  • May 29, 2009 1:12pm May 29, 2009 1:12pm
Quoting notch
I thought you were making 100s of pips!!!
till now he was making us fool lollllllllllllllllll
  • #102,928
  • May 29, 2009 1:14pm May 29, 2009 1:14pm
Quoting Alihuzaifa
i must say senior traders talks to complicated and some times too boasting for newbies herenot good
Learn what they mean and you become senior trader too
  • #102,929
  • May 29, 2009 1:15pm May 29, 2009 1:15pm
I'm preparing to go short.
  • #102,930
  • May 29, 2009 1:16pm May 29, 2009 1:16pm
Quoting Atlast
I play both sides of the market. Many intraday trades lasting between 3 min to 2 hours or more. When I go intermediate I build positions. I am rarely long near the end of a move, and rarely short at the end, I usually get out before it reaches the end and look to trade the extended moves.
i think, your way is the best way for intraday or short term traders, is never stick with some bullish or bearish sentiment even if up/down days. holding positions over weekend is such a long term concept. but if you locked in 30- 40 pips profit, i dont think that weekend action will hurt you unless very serious news happen.
  • #102,931
  • May 29, 2009 1:19pm May 29, 2009 1:19pm
Quoting notch
I'm preparing to go short.
AtLast, post a chart please.
  • #102,932
  • May 29, 2009 1:23pm May 29, 2009 1:23pm
Quoting notch
I'm preparing to go short.
Why you go short now?
{Promotion Removed}
  • #102,933
  • Edited 1:24pm May 29, 2009 1:23pm | Edited 1:24pm
Quoting jcalberto
Why you go short now?

I didn't I missed it.

Unless I get a quick pull-back to 1.4127 in the next 3 minutes.
  • #102,934
  • Edited 1:28pm May 29, 2009 1:26pm | Edited 1:28pm
and even lower volume on last hourly bar. Either a massive drop in slow progress or a turnaround back up after next bar or so.
P.S. th candle hasn't closed yet, so anticipated lower as double the size still lower than previous.
Attached Image
  • #102,935
  • May 29, 2009 1:27pm May 29, 2009 1:27pm
Quoting notch
I didn't I missed it.

Unless I get a quick pull-back to 1.4127 in the next 3 minutes.
we may have another opportunity here - I'm leaning southward myself for the last 10 pips of the week.

It's like huntin' snipes - patience; stalk; stealth and then a quick executed shot.
Pip what you see; See what you pip!
  • #102,936
  • May 29, 2009 1:28pm May 29, 2009 1:28pm
Quoting Atlast
and even lower volume on last hourly bar. Either a massive drop in slow progress or a turnaround back up after next bar or so.
it seems a regular retracement.
  • #102,937
  • May 29, 2009 1:29pm May 29, 2009 1:29pm
Quoting notch
I didn't I missed it.

Unless I get a quick pull-back to 1.4127 in the next 3 minutes.
Here you have 1.4127
{Promotion Removed}
  • #102,938
  • May 29, 2009 1:29pm May 29, 2009 1:29pm
Quoting SeerEye
we may have another opportunity here - I'm leaning southward myself for the last 10 pips of the week.

It's like huntin' snipes - patience; stalk; stealth and then a quick executed shot.

I'm in!
  • #102,939
  • May 29, 2009 1:29pm May 29, 2009 1:29pm
  •  Kokan
  • | Joined Mar 2007 | Status: Should I stay, or should I go | 73 Posts
For all of those which are considering long positions, take a look to chart.
This could go up further. Please put stop loss on your short positions.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD prediction.jpg Size: 182 KB
  • #102,940
  • May 29, 2009 1:30pm May 29, 2009 1:30pm
Quoting Alihuzaifa
i must say senior traders talks to complicated and some times too boasting for newbies herenot good

Put a picture of a pretty girl up as your avatar. They will talk anyway you want seen it happen
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