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EURUSD

  • #152,041
  • Oct 14, 2009 2:14am Oct 14, 2009 2:14am
Quoting Trading Cat
went long 1,4882 sl 1,4855 tp 1,4896
I do not understand your SL to TP ratio. Do you scalp on M1 chart? Thank you.
If you're not part of the solution then you're part of the problem.
  • #152,042
  • Oct 14, 2009 2:16am Oct 14, 2009 2:16am
First Target 1.4925 !
  • #152,043
  • Edited 2:19am Oct 14, 2009 2:17am | Edited 2:19am
tp hit

my sl is just a resistance line on my chart and usualy I use the sl as worst case senario. Today my sl was just pulled out of my A$$ but normaly I use a 15m chart and use either 50% of the entry bar or bottom of the bar as initial sl.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #152,044
  • Oct 14, 2009 2:20am Oct 14, 2009 2:20am
Well, i have been in this trade since September 13.
Entered long @ 1.4630

Pass the popcorn. LOL.
  • #152,045
  • Oct 14, 2009 2:20am Oct 14, 2009 2:20am
thanks Ali Brother.....i have deep respect people like you who are always willing to help novices....your article was very helpful......thanks buddy.....

in your opinion what is the best area for placing shorts....and what should be the s/l..
  • #152,046
  • Oct 14, 2009 2:20am Oct 14, 2009 2:20am
i will like to theorize that each of those dips are the short orders filled in.. but the momentum pushes it up again
  • #152,047
  • Oct 14, 2009 2:21am Oct 14, 2009 2:21am
Quoting majorusa
I do not understand your SL to TP ratio.
What's the problem with that?
  • #152,048
  • Oct 14, 2009 2:24am Oct 14, 2009 2:24am
Double top on the lower timeframes, around R1 & a psych number + a natural place to take profit for people following this fork.
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  • #152,049
  • Oct 14, 2009 2:28am Oct 14, 2009 2:28am
Just one of many currencies hitting a new high for the year against the Euro. Yesterday’s close above 1.4800 suggests we have started the next leg of a long term rally; a weekly close above here would confirm. Bullish momentum is good though the Euro is overbought – but does anyone care? <- no.
  • #152,050
  • Oct 14, 2009 2:31am Oct 14, 2009 2:31am
Quoting MHuzaifa
thanks Ali Brother.....i have deep respect people like you who are always willing to help novices....your article was very helpful......thanks buddy.....

in your opinion what is the best area for placing shorts....and what should be the s/l..
brother thats just copy paste from million websites i visit daily i have not written them but i just share it if i think it can help others...

btw i am short right now but just scalping

SL depends on ur lot size personally i love looooong SL (if i ever keep lol)
  • #152,051
  • Oct 14, 2009 2:32am Oct 14, 2009 2:32am
Quoting Xtravaganz
Just one of many currencies hitting a new high for the year against the Euro. Yesterday’s close above 1.4800 suggests we have started the next leg of a long term rally; a weekly close above here would confirm. Bullish momentum is good though the Euro is overbought – but does anyone care? <- no.
Well, if we reach 1.60-70, wouldn't this "high" level at 1.48 look like a good buying level?
  • #152,052
  • Oct 14, 2009 2:33am Oct 14, 2009 2:33am
Quoting MHuzaifa
thanks Ali Brother.....i have deep respect people like you who are always willing to help novices....your article was very helpful......thanks buddy.....

in your opinion what is the best area for placing shorts....and what should be the s/l..
Huzaifa,

You will lose another $2000 very soon if do not go and read many useful threads on this forum for weeks, probably months.

Make yourself some sweet lassi, take some julebies or rasgullays, sitback and read before you trade.

This is an honest advice. Baad mey na kehna phir lut gaye.
The Thief of Wall Street
  • #152,053
  • Oct 14, 2009 2:39am Oct 14, 2009 2:39am
Quoting Chicky
Huzaifa,

You will lose another $2000 very soon if do not go and read many useful threads on this forum for weeks, probably months.

Make yourself some sweet lassi, take some julebies or rasgullays, sitback and read before you trade.

This is an honest advice. Baad mey na kehna phir lut gaye.
very true its better to have jalebis and rasgullas then trading money with incomplete information and exp
  • #152,054
  • Oct 14, 2009 2:44am Oct 14, 2009 2:44am
Quoting MHuzaifa
thanks Ali Brother.....i have deep respect people like you who are always willing to help novices....your article was very helpful......thanks buddy.....

in your opinion what is the best area for placing shorts....and what should be the s/l..

hi buddy u saw my msg? hope u can take some to read up on money management... may help..

"hi,

i will like to introduce u to read my article about money management..


hope it helps!! all the best "
  • #152,055
  • Oct 14, 2009 2:44am Oct 14, 2009 2:44am
Inverted h&s in m1 should start the downfall at least temporarily as of teaching of DT last night.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #152,056
  • Oct 14, 2009 2:46am Oct 14, 2009 2:46am
Quoting fontu
Inverted h&s in m1 should start the downfall at least temporarily as of teaching of DT last night.
fontu
DT?
  • #152,057
  • Oct 14, 2009 2:47am Oct 14, 2009 2:47am
Quoting Alihuzaifa
very true its better to have jalebis and rasgullas then trading money with incomplete information and exp
I personally prefer Beer and Tacos.

I am hungry again.
The Thief of Wall Street
  • #152,058
  • Oct 14, 2009 2:52am Oct 14, 2009 2:52am
Rejected?
  • #152,059
  • Oct 14, 2009 2:53am Oct 14, 2009 2:53am
Quoting SilverShark
Rejected?
seems like
  • #152,060
  • Oct 14, 2009 2:57am Oct 14, 2009 2:57am
Quoting Alihuzaifa
DT?
Sorry Ali used the abbreviation I use in other thread :
http://www.forexfactory.com/showthre...=199926&page=9
Direct-Trade & his great teaching . see yourself.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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