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EURUSD

  • #110,501
  • Jun 15, 2009 9:47am Jun 15, 2009 9:47am
Closed 1/3 trade at 1.3815 for 113 pips. Shifted SL to Entry Price. Riding to 1.36 next.
  • #110,502
  • Jun 15, 2009 9:47am Jun 15, 2009 9:47am
we are seeing a potentially HUGE head and shoulders pattern in the daily and 4 hourly charts. For more details, check out
http://gulzaarfx.blogspot.com
  • #110,503
  • Jun 15, 2009 9:49am Jun 15, 2009 9:49am
Shame the Dip didn't pick up my second position, but hey!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #110,504
  • Jun 15, 2009 9:52am Jun 15, 2009 9:52am
Quoting albchr
I'm not worried at all. All my pips are in the bank and I'm long again at 3818 with SL at BE+1 again...LOL


But Remember!!!

Over daily Bear
  • #110,505
  • Jun 15, 2009 9:52am Jun 15, 2009 9:52am
Quoting gulzaar
we are seeing a potentially HUGE head and shoulders pattern in the daily and 4 hourly charts. For more details, check out
http://gulzaarfx.blogspot.com
Very late news.
  • #110,506
  • Jun 15, 2009 9:54am Jun 15, 2009 9:54am
Quoting Turveyd
Shame the Dip didn't pick up my second position, but hey!!!
Same here. Could get another chance though, with any luck.
  • #110,507
  • Jun 15, 2009 9:55am Jun 15, 2009 9:55am
Stalled so out 50/50 on goes higher or goes to a new low at this point, maybe slightly in favour of a new low, which would be a cool place to get back in again

If the odds are 50/50 then thats gambling and we are traders not gamblers.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #110,508
  • Jun 15, 2009 9:55am Jun 15, 2009 9:55am
Quoting adexhina
But Remember!!!

Over daily Bear
Locked in at +15 on a 2 lot. So if I get taken out I'm only up $950 this morning so far. Yep, tough Monday...LOL
Ghost Rider - WWTBMD?
  • #110,509
  • Jun 15, 2009 9:56am Jun 15, 2009 9:56am
Beacongood call nice job. Always take profit off the table at critical supp and resis levels. Let the rest ride who care if you get stopped out atleast majority of the pips are in the bag
  • #110,510
  • Jun 15, 2009 10:01am Jun 15, 2009 10:01am
Perfect H&S are rare and this one are far from being perfect, so this is not a motive for me to do not buy this shampoo.

Everyone are waiting to see that neckline being crossed and then a nice drop to where, 1.3500, 1.3400, 1.3200 or 1.3000.

I waiting to see at least 1.3711/1.3730 area to close one more short, but then I see again over 1.4000 before below 1.3650.

With these numbers and that high TF shampoo price must drop more before I see 1.4000 again.

I am writing this and price are crazy right now, I have to see this, bye.
  • #110,511
  • Jun 15, 2009 10:01am Jun 15, 2009 10:01am
Quoting albchr
I'm not worried at all. All my pips are in the bank and I'm long again at 3818 with SL at BE+1 again...LOL
better you then me
those who can, do. those who cant, talk about those who can
  • #110,512
  • Jun 15, 2009 10:02am Jun 15, 2009 10:02am
Quoting Atlast
Same here. Could get another chance though, with any luck.

Yep there it goes, not getting greedy when your trading counter trend is some what key isn't it.

Not risking jumping into this action though, to scarey for my likings.

If you think any trade will reverse the trend and make you rich, sadly your going to take losses

* I learnt above from experience, lots of it *
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #110,513
  • Jun 15, 2009 10:05am Jun 15, 2009 10:05am
Catched that nice drop and made 3% back!
  • #110,514
  • Jun 15, 2009 10:07am Jun 15, 2009 10:07am
And of course I should have stayed in. Grrrrr... let me profits run!
  • #110,515
  • Jun 15, 2009 10:07am Jun 15, 2009 10:07am
ok we hold below 3793 and its on to 3053 if im recalling the number... dont have time to look
those who can, do. those who cant, talk about those who can
  • #110,516
  • Jun 15, 2009 10:08am Jun 15, 2009 10:08am
Price coming onto my chart support 13770/76 before lower

good luck
  • #110,517
  • Jun 15, 2009 10:09am Jun 15, 2009 10:09am
Quoting Turveyd
Yep there it goes, not getting greedy when your trading counter trend is some what key isn't it.

Not risking jumping into this action though, to scarey for my likings.

If you think any trade will reverse the trend and make you rich, sadly your going to take losses

* I learnt above from experience, lots of it *
depends what trend you looking at..
those who can, do. those who cant, talk about those who can
  • #110,518
  • Jun 15, 2009 10:10am Jun 15, 2009 10:10am
72% probability that this zone is the low of the week.
  • #110,519
  • Jun 15, 2009 10:10am Jun 15, 2009 10:10am
It's seems that the H&S in day goes to be confirm. So if it's confirmed by a break of the neckline the target will be 1.4338 (head top) - 1.3797 (neckline point under this top) = 541 so 1.3797 - 541 = 1.3256 as target.
This target is the minimum target technically ... Well, it could be interesting to try. I'm just doubtfully until oil doesn't go under 70 as I've said before. My strategy for this week will be to short any pullbacks if and after we break 1.38 with a SL around 1.3860/90 ... Let's dive!! Just my 2 cents of course.
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"I will walk before they make me run" K.Richards
  • #110,520
  • Jun 15, 2009 10:10am Jun 15, 2009 10:10am
Quoting vinesh2
Beacongood call nice job. Always take profit off the table at critical supp and resis levels. Let the rest ride who care if you get stopped out atleast majority of the pips are in the bag
I attended one of Kathy Lien's seminar and that was what she advised as well. Her point to us was that never let a winning trade become a losing one.
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