Attachments: EURUSD

EURUSD

#151,721
Oct 13, 2009 6:19am Oct 13, 2009 6:19am

Atlast
Joined Apr 2009 | Status: Trader | 4,214 Posts

just a quick post . I'm shorting the market from 1.4862, after initial 19 pip stopped out. The big bull bar should suck a lot of longs in.

#151,722
Oct 13, 2009 6:23am Oct 13, 2009 6:23am

egypt
| Joined Sep 2009 | Status: Unusual trader | 1,061 Posts

the candle is told u the market how its move early and give u view
some people u that forex not work with feeling that wrong from candle u can feel the feel of buyer or seller and u must like buy like sell
and like bruce lee say dont like left punch and and left the right

#151,723
Oct 13, 2009 6:24am Oct 13, 2009 6:24am

ejin
| Joined Apr 2006 | Status: Trader | 22 Posts

everybody wants to sell at the top..what if 4866 area is not the top...heheheh

#151,724
Oct 13, 2009 6:24am Oct 13, 2009 6:24am

Chicky
Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts

Quoting gatorinla

Disliked

athough trend is up this could be a place with r/r of decent ratio.. the entry here has 2 things going for it (2 fibs). nothing is a sure thing. but its not 2008 with a healthy ez economy. in my entrys i like 2 or more things going for me. those yellow lines are fibs from conseption. but the trend is up..and earnings can move us anywhere. we got 3 more weeks of earnings.. thats long enough since we are at a high to make or break this trend short/longer term..

Ignored

Thanks Gator, I am out for the moment, closed all trades. Now waiting to ride a big move to wash my losses with low risk small positions. Will wait for trend exhaustion.

Trend exhaustion may occur near 1.4950 or maybe 25/30 pips above the current level of 1.4856. if it occurs at 1.4950 will calculate positions for a profit target of 1.4500, if nothing else, my position sizes will remain small for this target of 450 pips or so, loss may not fully recover though.

Will keep an eye on your fib levels.

The Thief of Wall Street

#151,725
Oct 13, 2009 6:25am Oct 13, 2009 6:25am

TexasforEX
| Joined Oct 2007 | Status: Trader | 1,236 Posts

Quoting Xaron

Disliked

Still shorting this rocket, guys?

Ignored

Ahhh no. Maybe it's a German thing. (German American)

"Timing Is Everything. Really I Swear It Is"

#151,726
Oct 13, 2009 6:26am Oct 13, 2009 6:26am

egypt
| Joined Sep 2009 | Status: Unusual trader | 1,061 Posts

i make little lot size 1 dollar and if go farther i will sell with 2 again

#151,727
Oct 13, 2009 6:27am Oct 13, 2009 6:27am

Patience
Joined Oct 2006 | Status: Trader | 7,219 Posts

Quoting Atlast

Disliked

just a quick post . I'm shorting the market from 1.4862, after initial 19 pip stopped out. The big bull bar should suck a lot of longs in.

Ignored

This is a short term trade right? I'm just not seeing the reversal everyone is hoping for on USDX yet.

Nothing worth having is easy.

#151,728
Oct 13, 2009 6:29am Oct 13, 2009 6:29am

Gull
| Joined Aug 2006 | Status: Trader | 389 Posts

profits locked in time for a nap back later keep up the good work.

Timing is everything

#151,729
Oct 13, 2009 6:31am Oct 13, 2009 6:31am

TexasforEX
| Joined Oct 2007 | Status: Trader | 1,236 Posts

Quoting Xaron

Disliked

Oh well, sorry. Let me explain. Of course it can reverse a bit before and go down 100 or 200 pips here and there but I mean more a real reversal and a deeper dip. Nothing to worry about for intraday traders.

Ignored

Clear break of 1.4925 area opens the way for a move to 1.53. Rejection around this level will lead to near term shorts.
The trend is clearly to the upside in the medium and long term. Only a move below 1.4450 changes the obvious and very strong trend.

"Timing Is Everything. Really I Swear It Is"

#151,730
Oct 13, 2009 6:32am Oct 13, 2009 6:32am

egypt
| Joined Sep 2009 | Status: Unusual trader | 1,061 Posts

Quoting ejin

Disliked

everybody wants to sell at the top..what if 4866 area is not the top...heheheh

Ignored

like u say its same go up more i sell 1.4870 and wait get some pip and close
now with 22 dollar must the candle stand 1 or half to know if its go up or down

#151,731
Oct 13, 2009 6:32am Oct 13, 2009 6:32am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,127 Posts

Quoting Chicky

Disliked

Thanks Gator, I am out for the moment, closed all trades. Now waiting to ride a big move to wash my losses with low risk small positions. Will wait for trend exhaustion.

Trend exhaustion may occur near 1.4950 or maybe 25/30 pips above the current level of 1.4856. if it occurs at 1.4950 will calculate positions for a profit target of 1.4500, if nothing else, my position sizes will remain small for this target of 450 pips or so, loss may not fully recover though.

Will keep an eye on your fib levels.

Ignored

that was ment as an example for entrys. not so much for this pair. it was good i posted it before it actually hit and was rejected at least for the moment. but there are trend lines hitting around fibs every day.. a great entry..personaly i would not long here unless we pulled back or breached that level with steam and held it for a while..

those who can, do. those who cant, talk about those who can

#151,732
Oct 13, 2009 6:41am Oct 13, 2009 6:41am

egypt
| Joined Sep 2009 | Status: Unusual trader | 1,061 Posts

in first line its break it if hour candle close above it it will go up to test the next line
that last line how i guess it will stand strong and will sunk in end

while i write the buyer try to test again the line

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#151,733
Oct 13, 2009 6:43am Oct 13, 2009 6:43am

TheFisherman
| Joined May 2009 | Status: Fight until we die | 1,114 Posts

Quoting Chicky

Disliked

Thanks Gator, I am out for the moment, closed all trades. Now waiting to ride a big move to wash my losses with low risk small positions. Will wait for trend exhaustion.

Trend exhaustion may occur near 1.4950 or maybe 25/30 pips above the current level of 1.4856. if it occurs at 1.4950 will calculate positions for a profit target of 1.4500, if nothing else, my position sizes will remain small for this target of 450 pips or so, loss may not fully recover though.

Will keep an eye on your fib levels.

Ignored

Just a little technical note. If price gets to 4950 brokers and banks will likely take it to 5000 just for the fun of it. (and for newspapers to have something to print the next day)

#151,734
Oct 13, 2009 6:45am Oct 13, 2009 6:45am