EURUSD

Stopped out 0 pips.

I open short with TP 30 pips ...

Wow, am scared of long now. sticking with the short. 47pips and counting

Smart trading, Atlast. I caught part of that last short, but not before it backed up to -21 pips (my SL was 25, so OK).

I think it is hard to beat Andrews' Pitchfork for determining where price is going. You can't always find the pivots that fit recent price action (so don't trade then), but when you do, such as in this chart, you can ride the rail.

In this chart, pa respected the median line and outer parallels for a while, but then gradually moved below lower parallel and back. If you draw a sliding parallel at the limit of that action, and then continue to do so as price slides past, you can see (1) changing short-term trends and (2) entry points. Rely on various pivots and previous support/resistance for exit points.

Good trading to all.

Yeah, I know. I am ashamed of myself.

Same thought here on pivot and TL, but hoped it would drift sideways until shortly before news, so took the dawg out for a walk......another missed op. My daily target is 4 :-(

Indicators adrift in the middle of bull and bear posture. This is guessing game from here.

For me, the most money is made waiting for clear opportunity. The rangeboad stuff is decent because you can often get out of trouble with patience, but the key is recognizing the type of trade you are in. It seems for me getting that right is often the first battle lost.

I am afraid to do anything right now.

I am bearish on equities. Bearish on commodities, although fighting a losing battle on that front. Currency....I have no idea from here.

I might buy at 1.3666?

Looking for reversal against trend at 1.3942 if PA allows and depending on momentum

black Box SALE week of July1, 2009

1.36 on the Horizon....

I wanted to go short but platform got jamed

I chickened out and took profit at 52pips. Trading too noisy after data...

GOOD

jump out from downtrain +50pips @3950.

now watching and waiting.

i heard u leaving this forum?

Great call on 1.3945 ! Still holding short here from 1.4006

1.3500 here we comes

scalped 10 pips on bull side...

*yawn*

Took the trade and am out now for quick pips. It seemed my post coincided witht the spike down.

You were lucky! The obvious rise before the fall!

Glad i did, 1.3980 now?? Futures rising, good for euro and risk appetite. Am going back to my techinical system. no more speculation tonight