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trading801's Koala Forex Articles and EUR/USD views

  • #2,341
  • Nov 6, 2009 9:02am Nov 6, 2009 9:02am
Ok guys, Again me, last post for today, I'm flat too.. but after.. a 53 pip run , I'm so Happy finish my day with +42 pips, my best Friday ever... I bought very low... SL at 1.4800 since Bulls were protecting the support at 1.4811 and got my pips... I'm so happy, nice to be reading books, they help me this week, +100pips I will keep reading this weekend.
  • #2,342
  • Nov 6, 2009 9:06am Nov 6, 2009 9:06am
Quoting Forex4pty
Ok guys, Again me, last post for today, I'm flat too.. but after.. a 53 pip run , I'm so Happy finish my day with +42 pips, my best Friday ever... I bought very low... SL at 1.4800 since Bulls were protecting the support at 1.4811 and got my pips... I'm so happy, nice to be reading books, they help me this week, +100pips I will keep reading this weekend.
Congratulations ... Really happy for you
"I will walk before they make me run" K.Richards
  • #2,343
  • Nov 6, 2009 9:09am Nov 6, 2009 9:09am
Quoting Jm4x
I will be flat before 4 hours ... actualy i'm short at 4898 ... first SL 4950 just in case ... I will move it with time or profit or loss
The recommendation a Koala King said to me and the book I am reading told me... Never go against the market

we are now after the rally... so we are between a trading range .4905 - .4811 as Major Res/ Sup for now... you sold at .4898, my recommendation after this uptrend, you are going against the market is put your SL on .4920 just in case or manual close it if you see something going wrong, and at the first slightly move of retrace if you are on profit close it....

Hope this helps you...

After finishing the post.. I saw that it is going up again... watch out...
  • #2,344
  • Nov 6, 2009 9:17am Nov 6, 2009 9:17am
Quoting Jm4x
Congratulations ... Really happy for you
Thanks my friend. I had two longs running to win this 53 pips,

The 2 losses were, one of 34 pips and the other of 12.

First one touch my pending order at .4821 then retrace and touch my SL, the second one I open a short at .4851 then it went up to .4863 I close it... then it retraced to .4828 where my TP was, but no prob. when you see things going against you, better close the position in case things go worse. After that I bought at .4858 TP .4900 the other long was open since yesterday, I did some mathematical analysis and I m expecting that this thing to reach .5075 that was my TP for this long, and the SL was at .4711 very low, I was risking US$16 bucks only, but I don't want to leave any open position this weekend, so I will try to buy another long again next week
  • #2,345
  • Nov 6, 2009 9:18am Nov 6, 2009 9:18am
Quoting Forex4pty
The recommendation a Koala King said to me and the book I am reading told me... Never go against the market

we are now after the rally... so we are between a trading range .4905 - .4811 as Major Res/ Sup for now... you sold at .4898, my recommendation after this uptrend, you are going against the market is put your SL on .4920 just in case or manual close it if you see something going wrong, and at the first slightly move of retrace if you are on profit close it....

Hope this helps you...

After finishing the post.. I saw that it...
Thanks for the advice ... I will be prudent ...
"I will walk before they make me run" K.Richards
  • #2,346
  • Nov 6, 2009 9:19am Nov 6, 2009 9:19am
Quoting Jm4x
I will be flat before 4 hours ... actualy i'm short at 4898 ... first SL 4950 just in case ... I will move it with time or profit or loss
I'm fighting along side my Koala short @ 1.4903
  • #2,347
  • Nov 6, 2009 9:30am Nov 6, 2009 9:30am
SL at 88 now to protect some dust
"I will walk before they make me run" K.Richards
  • #2,348
  • Nov 6, 2009 9:33am Nov 6, 2009 9:33am
Quoting Forex4pty
Ok guys, Again me, last post for today, I'm flat too.. but after.. a 53 pip run , I'm so Happy finish my day with +42 pips, my best Friday ever... I bought very low... SL at 1.4800 since Bulls were protecting the support at 1.4811 and got my pips... I'm so happy, nice to be reading books, they help me this week, +100pips I will keep reading this weekend.
happy for you, have a great weekend
  • #2,349
  • Nov 6, 2009 9:35am Nov 6, 2009 9:35am
Take profits at 71 for 27 pips ... maybe it's better ... friday ...
"I will walk before they make me run" K.Richards
  • #2,350
  • Nov 6, 2009 9:36am Nov 6, 2009 9:36am
So all the band in green !!

Good week end to all ...
"I will walk before they make me run" K.Richards
  • #2,351
  • Nov 6, 2009 9:45am Nov 6, 2009 9:45am
Quoting abuya
happy for you, have a great weekend
Thanks abuya, same to you
  • #2,352
  • Nov 6, 2009 9:46am Nov 6, 2009 9:46am
Quoting Jm4x
Take profits at 71 for 27 pips ... maybe it's better ... friday ...
Veryyyy Nice!!!!!
  • #2,353
  • Nov 6, 2009 9:57am Nov 6, 2009 9:57am
Quoting Jm4x
So all the band in green !!

Good week end to all ...
Same to you buddy, target hit @1.4867 at the pivot, all green. Have a wonderful weekend to all of you Koalas out there
  • #2,354
  • Nov 6, 2009 10:08am Nov 6, 2009 10:08am
EVERY MADE MONEY?

yeah
  • #2,355
  • Nov 6, 2009 10:25am Nov 6, 2009 10:25am
Quoting trading801
EVERY MADE MONEY?

yeah
Great Koala, yes. You are out for sometime i hope verything is well.
  • #2,356
  • Nov 6, 2009 10:28am Nov 6, 2009 10:28am
hihi i am ok.. after yesterday ben o trich indicator said more possible for risk aversion, i booked profits.. and now indeed it is going lower.. as low as 1.48 just now?
  • #2,357
  • Nov 6, 2009 10:30am Nov 6, 2009 10:30am
today i one scalp and got 5 pips and i out trading until Monday.

Quoting trading801
EVERY MADE MONEY?

yeah
We are here to help each other... We Learn Forex Together!
  • #2,358
  • Nov 6, 2009 10:45am Nov 6, 2009 10:45am
hey even if it is 1 pip, it is well done!

there are MANY out there getting margin calls ..trust me!
  • #2,359
  • Nov 6, 2009 10:51am Nov 6, 2009 10:51am
Yes Masoud, better 5 pips than a lose... don't worry there will always be a rally out there...
  • #2,360
  • Nov 6, 2009 1:08pm Nov 6, 2009 1:08pm
have a good day...
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