EURUSD

welcome there.
imo , playing for a long term right now , too risky.

Couldn't this been intervention?
Is there any info available on that?

Another opportunity knocking

Opened another long at 1.4214 for longer time frame trading 2-8 days.
Target: not sure at the moment
Stop: @today's low

Will manage the 2 positions independently...

I believe today is the right time to short it. Don't give up right now! Or do it with some small amount and a target of 150 pips.

No pain (risk), no gain

too many pain (risk) , will be no gain.

the trend will be flat for a while , then it'll going down like a solar storm.
lol

Why down? What will move it down?

My shorts initial tp 1.4200 seems very possible even can low 1.4108 this time if not bounce from 1.42 to 1.4313 again.GJ, GU shorts working very fine today.
fontu

Very strange.

Someone knows something or no one knows anything.

I'm thinking South but not trading.

Wait for some confirmation either direction.

m

I agree!

We need to see some news from US home sales and earnings to confirm.

Maaaaaaaan, where did you buy that crystal ball!!! I need one too

Why "too many" pain ? risk must be controlled but can't be avoided, at least if you want some reward...

As I said before, let the bears prove that they can achieve at least a new lower low before thinking that market will breakdown. It's a psychological error to do otherwise... Just put your monitor upside down and you'll find that you will become a bull in no time, with charts going down like a solar storm.

When it's obvious, the opportunity have often long passed...

kinda bearish to me

me too

nice looking pin bar on 4H

See what London has planned. Looks like profit taking. I am going to check back later.

can u please change your avatar...its disturbing

DAX and S&P is by a important resistance, so there will be (?) a correction (?). And the EURUSD paar can go down... or not

OK, I'll go with a nice salami sandwich seeing as it is lunch time for NY session.

I got this from email...



Hi Ali,

Norman Hallett here from The Disciplined Trader Intensive Program.

Allow me to give you a simple technique... but first...

Now, I know you've been suggested this before.

If you're not keeping a trading journal, I highly recommend
that you do.

It's the absolute BEST way to be "real" with yourself.

Nobody looks at the Journal but you.

Not even your spouse.

That would be like someone reading your mind. It's
reflects your innermost assessments of your trading
self.

Many traders keep a journal that simply notes buy/sell/
P&S, etc. of the trades taken that day. That's more
like a trading LOG and not a JOURNAL.

From working with thousands of traders worldwide,
it has been shown that the best use of a journal is
to note how you handled the day mentally and
emotionally.

I can't go into the best ways of getting that done
most effectively in this email... that's a big part
of our Intensive course... but I WILL give you this
valuable tip you can start to implement right now...

You can do this in a journal, a piece of paper,
...wherever.

At the end of the trading day, assess your overall
mental and emotional responses to your trading.

Find a specific moment where you could have
reacted better, which would have resulted in the
following of your trading plan and not a deviation
from it, as had occurred.

Then write down one sentence ... a positive
statement beginning with "Tomorrow I will..."
where the completion of the sentence reflect
the proper way to act mentally and emotionally
and then state the situation in which you need
to act that way."

THEN, the next morning BEFORE you begin
trading, rewrite the same sentence, only this
time begin with the words, "Today I....." (eliminating
the word 'will').

EXAMPLE:

At the end of the trading day, you assess that you
felt unsure when your trading system gave you
a buy signal to enter a position. You missed a
good trade.

After the trading day is over, you write...

"Tomorrow I will execute my trades IMMEDIATELY
when my trading system gives me the signal."

The next morning, write...

"Today I execute my trades IMMEDIATELY when

my trading system give me the signal."


You can expand the sentence to put more "umph"
behind it...like ending with, "... because I follow
my trading plan always." .. or whatever... again,
can't go through all things here.

But if you JUST DO THIS simple exercise... you
will at least, be affirming your intentions to be
the disciplined trader you need to be to win
consistently, and vastly improving your chances
to act in an optimum way.

This little technique will have you see the power
of simple journaling, hopefully inspiring you to
do much more.

You can do this!


Good trading!

My best,

thanx now that will increase my appetite

finally...eu!!!!!!

gudnite friends.