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Attachments: EURUSD
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EURUSD

  • #105,401
  • Jun 3, 2009 12:02pm Jun 3, 2009 12:02pm
I guess Im out for the day too tired to make any decision. All the best
Gambling with PA
  • #105,402
  • Jun 3, 2009 12:03pm Jun 3, 2009 12:03pm
Quoting Alihuzaifa
iphone
Ali, I have an iphone but cant find any soft to for forex, only goforex but only shows the chart, any you can recommend ?
"He who is well prepared has won half the battle"
  • #105,403
  • Jun 3, 2009 12:04pm Jun 3, 2009 12:04pm
call me crazy, but i hope this happens... H&S H1 chart
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 38 KB
"Do or do not... there is no try" Master Yoda
  • #105,404
  • Jun 3, 2009 12:12pm Jun 3, 2009 12:12pm
Quoting gatorinla
i got 225 of them and counting
Good man.
  • #105,405
  • Jun 3, 2009 12:13pm Jun 3, 2009 12:13pm
Quoting SeerEye
now that we finally knocked S1 outta da way - let's keep on movin'.
Seer, you know how bearish I usually am on this pair for many months now, but I'm not convinced we've topped yet, altho I'm certain there will be lots of profit taking from time to time as the move apparently falters, as that's just common sense.


The current 2hr candle is only an hour old on this chart... and seems to be running parrallel with GU, GY, and UJ for the time being. I'm not surprised EU is falling under those circumstances, but this is one murky trading environment on this pair in particular.

I'd be extremely cautious right now with levels that appear to be "broken" but not yet cleared... Personally I'm still looking for some more upside before continuation before any genuine turn down that has commitment behind it. Until genuine EU support on higher TF's is taken out, this could be very misleading PA.

Remember, 4122 is one of todays QP's and also Psych level...

Current level (4120/40ish) is one of the mid term support levels (and I'm rebuying light here as well with medium tight stops), with 4050ish ((give or take 20 pips)) being a little longer TF support on my charts... "Long TF" being a relative thing right now as we haven't been here this time long enough to get real confident in them, have to look way back for correlation.

I've been mostly watching EU, but actually trading GY, short from 5965 so that +300 pips makes this EU whipsaw not all that worthwhile... GU has been treating some other guys well too...

Just stay nimble bro.
Attached Image
FUBAR...
  • #105,406
  • Jun 3, 2009 12:17pm Jun 3, 2009 12:17pm
Quoting Peterex
Ali, I have an iphone but cant find any soft to for forex, only goforex but only shows the chart, any you can recommend ?
below the chart you have some menu of course in mt4 in left and right side.
go there and chose the thing that you want chart or trade ...
  • #105,407
  • Jun 3, 2009 12:18pm Jun 3, 2009 12:18pm
Quoting F.x.
Nice!!!
i would of done simuliar on eu.. but my entries did not get hit..entries were staggered from 4345 up to 4600.. kinda sucks
those who can, do. those who cant, talk about those who can
  • #105,408
  • Jun 3, 2009 12:22pm Jun 3, 2009 12:22pm
Quoting ak4x
Seer, you know how bearish I usually am on this pair for many months now, but I'm not convinced we've topped yet, altho I'm certain there will be lots of profit taking from time to time as the move apparently falters, as that's just common sense.


The current 2hr candle is only an hour old on this chart... and seems to be running parrallel with GU, GY, and UJ for the time being. I'm not surprised EU is falling under those circumstances, but this is one murky trading environment on this pair in particular.

I'd be extremely cautious right now...
no prob we expect bulls not to give up.. im being nibble at this point maybe hs may visit us.. we usually do silly things before nfp
those who can, do. those who cant, talk about those who can
  • #105,409
  • Jun 3, 2009 12:23pm Jun 3, 2009 12:23pm
Im long here. Eur will head higher
1.4300 exit
  • #105,410
  • Jun 3, 2009 12:25pm Jun 3, 2009 12:25pm
Quoting Forex ATM
Im long here. Eur will head higher
1.4300 exit
SL please? i need to know what kind of drawdown it'll be
  • #105,411
  • Jun 3, 2009 12:26pm Jun 3, 2009 12:26pm
Though I don't trade this pattern we could see a H&S pattern form (1H) going into the asian sesssion seeing a significant drop then.
Designer by day Trader by night.
  • #105,412
  • Jun 3, 2009 12:27pm Jun 3, 2009 12:27pm
Quoting Forex ATM
Im long here. Eur will head higher
1.4300 exit
me long too at 1.4140... my tp is 1.4180

what is ur stoploss?
  • #105,413
  • Jun 3, 2009 12:28pm Jun 3, 2009 12:28pm
Quoting nooblaster
SL please? i need to know what kind of drawdown it'll be
I do not mind the float upto 100 pip even 150...not worried about extreme short term.... normal avoid SL unless need to leave for the day.
  • #105,414
  • Jun 3, 2009 12:29pm Jun 3, 2009 12:29pm
im still hoping on bull to 4300
i hate this hanging position..
well maybe this is to emotional an against logic

H1 already broken i think...
- Always pray on your trading - God know the best for everyone
  • #105,415
  • Jun 3, 2009 12:31pm Jun 3, 2009 12:31pm
Quoting Forex ATM
I do not mind the float upto 100 pip even 150...not worried about extreme short term.... normal avoid SL unless need to leave for the day.
Becarefull brother.. coz the bearish move didnt yet end..
my stoploss is 1.4110
  • #105,416
  • Jun 3, 2009 12:33pm Jun 3, 2009 12:33pm
Quoting mmeador
Though I don't trade this pattern we could see a H&S pattern form (1H) going into the asian sesssion seeing a significant drop then.
as i posted earlier...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 38 KB
"Do or do not... there is no try" Master Yoda
  • #105,417
  • Jun 3, 2009 12:34pm Jun 3, 2009 12:34pm
Quoting Msattar
Becarefull brother.. coz the bearish move didnt yet end..
my stoploss is 1.4110
my think is short covering takes shape and an easy 100 pip reversal is captured before the next leg down. other hedged positions act like put options.
  • #105,418
  • Jun 3, 2009 12:36pm Jun 3, 2009 12:36pm
Quoting Forex ATM
my think is short covering takes shape and an easy 100 pip reversal is captured before the next leg down. other hedged positions act like put options.
yes can say 100 pips reversal.. but perhaps didnt touch the 1.4300
  • #105,419
  • Jun 3, 2009 12:37pm Jun 3, 2009 12:37pm
Thank you all Ak4x, Alihuzaifa, haminik, F.X., Who reacted on my question about mobile trading.



and I made some very nice pips shorting EU,GJ and GU
New voice message: Why are you calling me? If I need you, I'll call you!
  • #105,420
  • Jun 3, 2009 12:43pm Jun 3, 2009 12:43pm
Quoting Paupau MX
as i posted earlier...
well played sir. don't see the shoulder pad being that big though
Designer by day Trader by night.
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