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EURUSD

  • #107,321
  • Jun 8, 2009 5:55am Jun 8, 2009 5:55am
Quoting M.A.C.Doug
short again - 1.3844
10 pip stop. 15 pip target 1% risk
What do you use for signals....MA's, macd??
  • #107,322
  • Jun 8, 2009 5:56am Jun 8, 2009 5:56am
Quoting pipmac
What do you use for signals....MA's, macd??
get real - you dont get these results with indicators
price action support resistance - THERE IS NO OTHER WAY!!
check out the lines on my chart - the white one wnere I sold just happens to be the monthly central pivot
BTC Return This Year: na
  • #107,323
  • Jun 8, 2009 5:58am Jun 8, 2009 5:58am
Quoting M.A.C.Doug
get real - you dont get these results with indicators
price action support resistance - THERE IS NO OTHER WAY!!

I agree
  • #107,324
  • Jun 8, 2009 6:02am Jun 8, 2009 6:02am
Quoting M.A.C.Doug
price may target previous support now resistance area at 1.3853 - at which point I will sell again

Didn't 1.3848 qualify?
Seems like these areas can be few pips wide...
like @1.3880/84 and others
  • #107,325
  • Jun 8, 2009 6:02am Jun 8, 2009 6:02am
Quoting M.A.C.Doug
short again - 1.3844
10 pip stop. 15 pip target 1% risk
Im out +15 - again!
BTC Return This Year: na
  • #107,326
  • Jun 8, 2009 6:05am Jun 8, 2009 6:05am
Quoting hoek_nl
Didn't 1.3848 qualify?
Seems like these areas can be few pips wide...
like @1.3880/84 and others
1.3848 would certainly qualify however I was already holding a short position at 1.3844
BTC Return This Year: na
  • #107,327
  • Jun 8, 2009 6:07am Jun 8, 2009 6:07am
Quoting M.A.C.Doug
short again - 1.3844
10 pip stop. 15 pip target 1% risk
Man you were dead on targets twice! NICE!!
  • #107,328
  • Jun 8, 2009 6:09am Jun 8, 2009 6:09am
flight of the cocncords is on telly, im done for the session, catch you guys later
BTC Return This Year: na
  • #107,329
  • Jun 8, 2009 6:09am Jun 8, 2009 6:09am
In long 1.38237, SL at BE.
  • #107,330
  • Jun 8, 2009 6:11am Jun 8, 2009 6:11am
Quoting gatorinla
dont count on it. theres blood in the water. gbp is hung up on a support im not sure about others.. but i suspect chf is near a resistance also..
Got that right. Just came back to see the entry wasn't hit. Missing 2 great entries today so far.
  • #107,331
  • Jun 8, 2009 6:14am Jun 8, 2009 6:14am
Quoting M.A.C.Doug
1.3848 would certainly qualify however I was already holding a short position at 1.3844
Indeed you did.... :-)

Is there a Pulling-da-Trigger-101 floating around on the net that i can take?

Been sitting at this screen for 5 hours now, watching 5 or six beautifull retracements appear on my M5 chart from 1.40 thru 1.38 and been letting them slip away one by one whitout so much as putting an order in....
  • #107,332
  • Jun 8, 2009 6:15am Jun 8, 2009 6:15am
BE SL hit, flat again.
  • #107,333
  • Jun 8, 2009 6:20am Jun 8, 2009 6:20am
Quoting hoek_nl
Indeed you did.... :-)

Is there a Pulling-da-Trigger-101 floating around on the net that i can take?

Been sitting at this screen for 5 hours now, watching 5 or six beautifull retracements appear on my M5 chart from 1.40 thru 1.38 and been letting them slip away one by one whitout so much as putting an order in....
Why is that??

When you see a bearish reversal on the mid line of BB you got to go for it.
Low risk and with the trend..

Good luck

TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #107,334
  • Jun 8, 2009 6:21am Jun 8, 2009 6:21am
Quoting TrooperCoope
BE SL hit, flat again.
Hey Troop, how do you get your SL to be at BE so quick, multitarget strategy or move the SL as soon as you get 2 pips?
How big's your brokers spread btw? 2pips here..
  • #107,335
  • Jun 8, 2009 6:23am Jun 8, 2009 6:23am
Quoting hoek_nl
Hey Troop, how do you get your SL to be at BE so quick, multitarget strategy or move the SL as soon as you get 2 pips?
How big's your brokers spread btw? 2pips here..
Spread varys, currently between 0.8 and 1.1 pips at FX Pro.

And I set it to BE as soon as I have 5 pips profit.
  • #107,336
  • Jun 8, 2009 6:24am Jun 8, 2009 6:24am
Above 1.3838 and I will be on a long ride up, aiming for 1.3900 to be attacked today.
  • #107,337
  • Jun 8, 2009 6:25am Jun 8, 2009 6:25am
Done for now with 3.8%. Pizza time!
  • #107,338
  • Jun 8, 2009 6:29am Jun 8, 2009 6:29am
Quoting TradeStar
Why is that??

When you see a bearish reversal on the mid line of BB you got to go for it.
Low risk and with the trend..

Good luck

TS
BB?
  • #107,339
  • Jun 8, 2009 6:30am Jun 8, 2009 6:30am
Quoting hoek_nl
BB?
Bollinger Bands.
  • #107,340
  • Jun 8, 2009 6:31am Jun 8, 2009 6:31am
partial TP 1.3856 reached
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