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  • #114,981
  • Jun 25, 2009 10:52am Jun 25, 2009 10:52am
Quoting notch
It's a difficult one because I have been waiting for THIS trade all day but didn't expect to wait so long. I'm actually targeting 1.3848 but it is unlikely to get anywhere near there but I must trade this setup.
Waow 1.3848 !!... 1.3887 will be a tough resitance to break. Thanks for your honest answer.
"I will walk before they make me run" K.Richards
  • #114,982
  • Jun 25, 2009 10:52am Jun 25, 2009 10:52am
Quoting F.x.
Why not wait for retest of 3880 and go short there?

That isn't part of the setup. Although you make a very good point.
  • #114,983
  • Jun 25, 2009 10:53am Jun 25, 2009 10:53am
the euro yen pair is in a critical stage...
  • #114,984
  • Edited 10:57am Jun 25, 2009 10:55am | Edited 10:57am
Quoting Jm4x
Waow 1.3848 !!... 1.3887 will be a tough resitance to break. Thanks for your honest answer.

The 150 pip (I think) call that I made yesterday had to break through some pretty tough support as well .
  • #114,985
  • Jun 25, 2009 10:57am Jun 25, 2009 10:57am
NewstraderFX gets on Bloomberg. Go FF. I am scalping short off of any little green spike.

http://www.bloomberg.com/apps/news?p...d=adnPkNhlJaSs
"If The Fool persists in his Folly he will become wise." - William Blake
  • #114,986
  • Jun 25, 2009 10:58am Jun 25, 2009 10:58am
hey guy...sorry to come up with the same queries again....but can someone tell me about ODL securities? am looking forward to open an account with them. They are MT4 and have good charts and allow FX and CLD
  • #114,987
  • Jun 25, 2009 10:58am Jun 25, 2009 10:58am
Quoting samiru
Gator you are a geniuse,where did you get that number from?
Thats the BIG BOYS number which is the newest resistance for the recent price action we had.I would start posting some of this numbers so you can see what i mean.
If you think i am just been sacarstic whatch the number and see the magic of S/R,then mayby we can talk.
Attachment
thats a weird post but looks like it was right on the money!
  • #114,988
  • Jun 25, 2009 10:59am Jun 25, 2009 10:59am
tomorrow's low will be 3900, and we'll not see it again for quite a while
TRADE FOR SWAP
  • #114,989
  • Jun 25, 2009 10:59am Jun 25, 2009 10:59am
that's interesting... Seems like a good bet. Or too good?
  • #114,990
  • Jun 25, 2009 11:01am Jun 25, 2009 11:01am
Well, that spike up cleaned my clock. Now trying to minimize losses for the day. My stop @ 1.4010 just barley got hit. What a stupid place for a stop! I guess I deserve that one.
  • #114,991
  • Jun 25, 2009 11:02am Jun 25, 2009 11:02am
First short closed at 1.3987 & now 2nd one running tp 1.3955 if break 1.3985 support.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #114,992
  • Jun 25, 2009 11:05am Jun 25, 2009 11:05am
Quoting prav
hey guy...sorry to come up with the same queries again....but can someone tell me about ODL securities? am looking forward to open an account with them. They are MT4 and have good charts and allow FX and CLD

I was with ODL but I'm no longer with them. The relationship lasted about 3 weeks. Make of that what you will.
  • #114,993
  • Jun 25, 2009 11:07am Jun 25, 2009 11:07am
Quoting FX-Petra
Well, that spike up cleaned my clock.
Shake it off hoss, you know you got game & you'll bounce back.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #114,994
  • Jun 25, 2009 11:08am Jun 25, 2009 11:08am
If you become even half-profitable, ODL will shut you down.
TRADE FOR SWAP
  • #114,995
  • Jun 25, 2009 11:08am Jun 25, 2009 11:08am
Well I decided to add to my long here. SL moved back below BE. If I lose in the end then oh well it was just a trade. But it could bring in some nice gains...
  • #114,996
  • Jun 25, 2009 11:10am Jun 25, 2009 11:10am
Quoting cgldsmth
If you become even half-profitable, ODL will shut you down.

It's actually quite funny when you think about it. Disappearing stops just before a huge spike and other such foolishness...seriously funny.... They may as well mug you in broad day light!
  • #114,997
  • Jun 25, 2009 11:11am Jun 25, 2009 11:11am
I exited out my LONGs at 3985....waiting for a re=test to go SHort if there is a re-test....or will enter short on a break of 3980
  • #114,998
  • Jun 25, 2009 11:11am Jun 25, 2009 11:11am
Quoting F.x.
Well I decided to add to my long here. SL moved back below BE. If I lose in the end then oh well it was just a trade. But it could bring in some nice gains...
I concur....this area is a bargain basement to buy euros - I'm filling my bending boots.
TRADE FOR SWAP
  • #114,999
  • Jun 25, 2009 11:14am Jun 25, 2009 11:14am
Quoting F.x.
Well I decided to add to my long here. SL moved back below BE. If I lose in the end then oh well it was just a trade. But it could bring in some nice gains...
Quoting cgldsmth
I concur....this area is a bargain basement to buy euros - I'm filling my bending boots.

Well I suppose somebody has to supply the entertainment. I just hope it isn't me!
  • #115,000
  • Jun 25, 2009 11:14am Jun 25, 2009 11:14am
8 pips... not bad for a walk by trade...
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