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EURUSD

  • #106,841
  • Jun 5, 2009 12:52pm Jun 5, 2009 12:52pm
Quoting SeerEye
fresh road kill picked up from 74-94 -
if u got 2 position move 1 to BE and exit the other one. thats what I did.
  • #106,842
  • Jun 5, 2009 12:57pm Jun 5, 2009 12:57pm
Quoting acidburn123
if u got 2 position move 1 to BE and exit the other one. thats what I did.
not really; had 4 go lights on system plus bull divergence on 5 min giving me permission to execute a long. Besides; PA wasn't heading below today's established low of 1.3972 - so had only a 7 pip s/l in place at entry.

I don't hit homeruns often - I hit for average.
Pip what you see; See what you pip!
  • #106,843
  • Jun 5, 2009 12:59pm Jun 5, 2009 12:59pm
Quoting acidburn123
a new low has not been made and intraday resistance has not been hit yet ... I wouldent stay short for now.
I'm not short. Should be, but not. Waiting for a long, which I will now pass up as the price has made triple bottom in lower TF. The chances of going up from just below that triple low is not good. Therefore, passing on the 1.4067 level.
In fact, probably a good breakout trade to the downside on retest of triple bottom. Now waiting for just above 1.3900. May not happen today, and will be risky holding over the weekend.
  • #106,844
  • Jun 5, 2009 1:01pm Jun 5, 2009 1:01pm
Quoting SeerEye
not really; had 4 go lights on system plus bull divergence on 5 min giving me permission to execute a long. Besides; PA wasn't heading below today's established low of 1.3972 - so had only a 7 pip s/l in place at entry.

I don't hit homeruns often - I hit for average.

I dont use indicators at all they are a distraction to me, I rely on intraday S&R numbers and trendlines I draw. dont have anything else on my charts.
  • #106,845
  • Jun 5, 2009 1:02pm Jun 5, 2009 1:02pm
Quoting acidburn123
I dont use indicators at all they are a distraction to me, I rely on intraday S&R numbers and trendlines I draw. dont have anything else on my charts.
Pip what you see; See what you pip!
  • #106,846
  • Jun 5, 2009 1:05pm Jun 5, 2009 1:05pm
i like bear flags
those who can, do. those who cant, talk about those who can
  • #106,847
  • Jun 5, 2009 1:08pm Jun 5, 2009 1:08pm
its drop dead.
  • #106,848
  • Jun 5, 2009 1:08pm Jun 5, 2009 1:08pm
Quoting egkid
My trade E/U [email protected] tp 1.3830
Reason: 1.4285 my 50% Fib ,Bearish butterfly
And for next few Houres got indicator signal on 1H
Yep more than 275 till now
  • #106,849
  • Jun 5, 2009 1:20pm Jun 5, 2009 1:20pm
Quoting egkid
Yep more than 275 till now
Nice, worked a beauty. One of the more dependable patterns.
  • #106,850
  • Jun 5, 2009 1:23pm Jun 5, 2009 1:23pm
egkid nice call you did great on that one. My entry at 1.4270 missed by two pips but thats the lesson here. if you entry is misses don't try to take revenge by entering at a middle of the trend you will get hammered. Best is to be patient and check price action. If a supp or resis level is not broken for a certain amount of time then you can enter. If you are unsure of the entry don't take it. There will always be other opportunities. I made up for my lost opportunity by trading the USD/CAD and U/J and it is $$$$$ for now. Also, thing to remember is taking profits along the way. I have a habit of taking out 70% of my profit once I see price approcahing a certain supp or resis level. Greed is ugly and if you dont take your profits b/c of greed you are giong to get killed.
  • #106,851
  • Jun 5, 2009 1:30pm Jun 5, 2009 1:30pm
Quoting vinesh2
[b]egkid nice call you did great on that one. My entry at 1.4270 missed by two pips but thats the lesson here. if you entry is misses don't try to take revenge by entering at a middle of the trend you will get hammered. Best is to be patient and check price action. If a supp or resis level is not broken for a certain amount of time then you can enter. If you are unsure of the entry don't take it. There will always be other opportunities. I made up for my lost opportunity by trading the USD/CAD and U/J and it is $$$$$ for now. Also, thing to remember...
Thank you vinesh all my trade and what i've learn in lat 2 years at http://www.forexfactory.com/showthre...29#post2783329
  • #106,852
  • Jun 5, 2009 1:32pm Jun 5, 2009 1:32pm
50% fibo "Dream killer"
Attached Image
  • #106,853
  • Jun 5, 2009 1:32pm Jun 5, 2009 1:32pm
. Greed is ugly and if you dont take your profits b/c of greed you are giong to get killed.[/quote]
been there a few times..
those who can, do. those who cant, talk about those who can
  • #106,854
  • Jun 5, 2009 1:33pm Jun 5, 2009 1:33pm
Quoting cesarnc
50% fibo "Dream killer"
or dream maker
those who can, do. those who cant, talk about those who can
  • #106,855
  • Jun 5, 2009 1:37pm Jun 5, 2009 1:37pm
Quoting gatorinla
or dream maker
dreamweaver?
Pip what you see; See what you pip!
  • #106,856
  • Jun 5, 2009 1:39pm Jun 5, 2009 1:39pm
j's parorbalic day just got its first bear dot.
those who can, do. those who cant, talk about those who can
  • #106,857
  • Jun 5, 2009 1:41pm Jun 5, 2009 1:41pm
Quoting gatorinla
j's parorbalic day just got its first bear dot.
the settings on my Psar's may be slightly different - mine hasn't popped yet - but, it's tryin'!!!!
Pip what you see; See what you pip!
  • #106,858
  • Jun 5, 2009 1:45pm Jun 5, 2009 1:45pm
cant believe the bulls are giving up this easily.. anyway on day chart 3800 (its also the 68 fib using dec high area) area may bring out the bulls to build a r shoulder.. hs... i shoudnt even mention this..
those who can, do. those who cant, talk about those who can
  • #106,859
  • Jun 5, 2009 1:49pm Jun 5, 2009 1:49pm
Quoting cesarnc
50% fibo "Dream killer"
Quite a drawdown. Do you always take it right at the 50%, or wait till break of candle, or are you teeing off daily?
  • #106,860
  • Jun 5, 2009 1:49pm Jun 5, 2009 1:49pm
Quoting gatorinla
cant believe the bulls are giving up this easily.. anyway on day chart 3800 (its also the 68 fib using dec high area) area may bring out the bulls to build a r shoulder.. hs... i shoudnt even mention this..
too late -
Pip what you see; See what you pip!
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