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  • #160,961
  • Nov 12, 2009 6:54am Nov 12, 2009 6:54am
Quoting BoredToLoose
My last call was perfect at 1.5011, closed already at 1.4907.

Follow my blog to see my calls promptly.

At this level I will do nothing, still have my 25% 1.5037.

GL ALL

well done buddy, I follow your blog and can confirm that you`re not lying
Do not follow the path trodden by human laziness.
  • #160,962
  • Nov 12, 2009 7:08am Nov 12, 2009 7:08am
Quoting FiXed sense
well done buddy, I follow your blog and can confirm that you`re not lying
I never lie, If I lose who follow me will lose, if I win who follow me will win.

all the best.
  • #160,963
  • Nov 12, 2009 7:09am Nov 12, 2009 7:09am
I believe the new support would be on the 1.49 , anybody with me on that?
  • #160,964
  • Nov 12, 2009 7:13am Nov 12, 2009 7:13am
Use H&S
Attached Image (click to enlarge)
Click to Enlarge Name: hs.gif Size: 21 KB
  • #160,965
  • Nov 12, 2009 7:21am Nov 12, 2009 7:21am
Quoting G_Man
i've been shouting short since yesterday ... where have you been?

i closed it too early at 14932 ...
scalped a bit here and there....maybe 50 pips since yest...though not all scalps have been successfful :S

got a lot of long usd/cad at 104.50 region...looking for a long term trade there up to the 1.08 region...lets see...
  • #160,966
  • Nov 12, 2009 7:23am Nov 12, 2009 7:23am
short eu 4h trg 4850 ...
  • #160,967
  • Nov 12, 2009 7:36am Nov 12, 2009 7:36am
What a ride yesterday! It's always fun to call it just right and then see this FX pair shoot right past your profit target! Yesterday's morning outlook on this Forex EURUSD pair was a short bias with a target of 1.4980 -- at the time price was at 1.5020. We grabbed a solid 40 pips on this trade uninterrupted.


Today's market outlook however may be more choppy as the overnight London and Tokyo FX sessions led for a fairly distinct downside move down to 1.4900. I don't think there's much movement left in this pair for today as the total pip range has been 105 pips. So if you missed the EURUSD overnight trade then I think you've got maybe a little bit more downside or even possibly be able to catch some pips scalping the reversion to the mean.


My bias for the rest of this New York trading session is choppy with a bit of a short bias down to 1.4880. So if you've got an excellent scalping technique use it!
Attached Image
  • #160,968
  • Nov 12, 2009 7:50am Nov 12, 2009 7:50am
Let me join some bears, I am also short too!!
  • #160,969
  • Nov 12, 2009 7:53am Nov 12, 2009 7:53am
Thoughts on usd:

Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 76 KB


Maybe after this gap is closed usd will continue south? What do you think?
  • #160,970
  • Nov 12, 2009 7:53am Nov 12, 2009 7:53am
Quoting xedwardx
Good Day,

I've done a short study on the EU (Daily) and finds that short position is stronger than long position. So I would recommend going short. Please correct me if I'm wrong.. Am still new and learning about it..

Attachment
Good Day!

Still sticking to my views~! In good pips position~
  • #160,971
  • Nov 12, 2009 8:09am Nov 12, 2009 8:09am
I am short

whats your view?
Market is always correct,Prove your self!
  • #160,972
  • Nov 12, 2009 8:09am Nov 12, 2009 8:09am
it took a bounce off 240MA on 1h, and 50MA on 4H,
and also same support/resistance level at 1.4914ish on few occassions.
If anyone wants to short, should just wait for more confirmation and NY open, IMHO
I am both right and wrong, what's important is the amount of $$$ in my bank
  • #160,973
  • Nov 12, 2009 8:10am Nov 12, 2009 8:10am
Getting to the target mentioned here 160364 . Also looking for some major pullback prolly to 1.48
  • #160,974
  • Nov 12, 2009 8:20am Nov 12, 2009 8:20am
vinesh2, nice call. Congrats.

Quoting vinesh2
Getting to the target mentioned here 160364 . Also looking for some major pullback prolly to 1.48
  • #160,975
  • Nov 12, 2009 8:21am Nov 12, 2009 8:21am
It's possible. A nice chart.

Quoting TheLastCoke
Use H&S
  • #160,976
  • Nov 12, 2009 8:30am Nov 12, 2009 8:30am
[quote=drgoodvibe;3228148]What a ride yesterday! It's always fun to call it just right and then see this FX pair shoot right past your profit target! Yesterday's morning outlook on this Forex EURUSD pair was a short bias with a target of 1.4980 -- at the time price was at 1.5020. We grabbed a solid 40 pips on this trade uninterrupted.


Hi Dr,
If it is not too much to ask:

The Stoplosses on your chart are ATR Stops, similiar to one attached.

If so what are you settings?

The Shi Channel - Is this the commonly available one and if so, what are the settings on our chart?

And finally, I googled DCD to no avail.

Could you shed some llight on that one, where I could find it, read about it and its application to trading?

Thanks in advance

Pat.
Attached File(s)
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  • #160,977
  • Nov 12, 2009 8:31am Nov 12, 2009 8:31am
We are in an up trend on the DAILY WEEKLY MONTHLY AND EVEN STILL 4H and I am amazed to see you going short...
When life gives you lemons, make lemonade
  • #160,978
  • Nov 12, 2009 8:33am Nov 12, 2009 8:33am
Quoting micho
We are in an up trend on the DAILY WEEKLY MONTHLY AND EVEN STILL 4H and I am amazed to see you going short...
as always 90% are going to lose money
  • #160,979
  • Nov 12, 2009 8:38am Nov 12, 2009 8:38am
Well Guys,
I´m Long at 4907
The best thing that can happen to you is to find out where you're wrong.
  • #160,980
  • Nov 12, 2009 8:42am Nov 12, 2009 8:42am
Quoting micho
We are in an up trend on the DAILY WEEKLY MONTHLY AND EVEN STILL 4H and I am amazed to see you going short...
you are correct but still some pips to be had on the short end for scalps
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