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trading801's Koala Forex Articles and EUR/USD views

  • #3,161
  • Nov 20, 2009 6:34am Nov 20, 2009 6:34am
Good Morning Koalas, I open a long to win if not my SL is waiting below the trend I draw, a little lower, because is crazy friday, little lots just in case of any craziness, it will be one of the 2 trades for today...

I will use a phrase from a person I know, "I love when my plan works...!!!"

I told you I will open my long as soon as 1.480x was touch, it haven't but I will not be here so I open it at 1.4820 risking a little more, I don't leave a pending just in case it don't reach it and then retrace and I miss it.

Well this will be all for me until I arrive my work.
  • #3,162
  • Edited 6:52am Nov 20, 2009 6:36am | Edited 6:52am
Bounce from weekly pivot.
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  • #3,163
  • Nov 20, 2009 6:47am Nov 20, 2009 6:47am
Be prudent before be long there's a potential for 4650 in the 4h TF ... Maybe it's better waiting a signal as a break of 4820 before ... 4820 was a strong support ... Just my 2 cents.
"I will walk before they make me run" K.Richards
  • #3,164
  • Nov 20, 2009 6:52am Nov 20, 2009 6:52am
About RSI and Sto when they are oversold or overbought ... Until they stay in this zone it's a signal of continuation ... We need to see a break of the signal line (classically at 80 and 20) to go ... Take care because it's typical trap for beginners in the interpretation of this indicators
"I will walk before they make me run" K.Richards
  • #3,165
  • Nov 20, 2009 6:55am Nov 20, 2009 6:55am
Quoting Jm4x
About RSI and Sto when they are oversold or overbought ... Until they stay in this zone it's a signal of continuation ... We need to see a break of the signal line (classically at 80 and 20) to go ... Take care because it's typical trap for beginners in the interpretation of this indicators
By exemple take the weekly graph and see the sto ...
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"I will walk before they make me run" K.Richards
  • #3,166
  • Nov 20, 2009 6:55am Nov 20, 2009 6:55am
yeah, thanks for explain my friend.

Quoting Jm4x
About RSI and Sto when they are oversold or overbought ... Until they stay in this zone it's a signal of continuation ... We need to see a break of the signal line (classically at 80 and 20) to go ... Take care because it's typical trap for beginners in the interpretation of this indicators
We are here to help each other... We Learn Forex Together!
  • #3,167
  • Edited 7:33am Nov 20, 2009 7:19am | Edited 7:33am
Quoting Jm4x
Be prudent before be long there's a potential for 4650 in the 4h TF ... Maybe it's better waiting a signal as a break of 4820 before ... 4820 was a strong support ... Just my 2 cents.
Thanks Jm4x, I arrived @ work, I will keep an eye, it touch my trendline at 1.4801 and bounce... if I see things go badly will close it manually.

TP 1.4950
  • #3,168
  • Nov 20, 2009 7:33am Nov 20, 2009 7:33am
????
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  • #3,169
  • Nov 20, 2009 7:36am Nov 20, 2009 7:36am
Someone took this bus up?
  • #3,170
  • Nov 20, 2009 7:36am Nov 20, 2009 7:36am
Quoting masoud123
????
masoud, upto when you think this will go up, to watch that number?
  • #3,171
  • Nov 20, 2009 7:43am Nov 20, 2009 7:43am
Quoting masoud123
????
Yep you're not alone
Have you seen that Japan will be closed monday?
"I will walk before they make me run" K.Richards
  • #3,172
  • Nov 20, 2009 7:44am Nov 20, 2009 7:44am
this is some crazy whipsaw lol
  • #3,173
  • Nov 20, 2009 7:51am Nov 20, 2009 7:51am
I did not you mean, what you mean the "number" my friend?

Quoting Forex4pty
masoud, upto when you think this will go up, to watch that number?
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  • #3,174
  • Nov 20, 2009 8:02am Nov 20, 2009 8:02am
I think these will be for next week

only one very important news can be break the daily trend line.

Quoting Jm4x
Yep you're not alone
Have you seen that Japan will be closed monday?
We are here to help each other... We Learn Forex Together!
  • #3,175
  • Nov 20, 2009 8:08am Nov 20, 2009 8:08am
Quoting masoud123
I did not you mean, what you mean the "number" my friend?
Price sorry... like around 1.4880=?
  • #3,176
  • Nov 20, 2009 8:16am Nov 20, 2009 8:16am
Is not that accurate, about 1.4850 to 1.4880 even 1.49

These are all just in my mind, and maybe not correct.

This is Forex and is not predictable.


Quoting Forex4pty
Price sorry... like around 1.4880=?
We are here to help each other... We Learn Forex Together!
  • #3,177
  • Nov 20, 2009 8:26am Nov 20, 2009 8:26am
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  • #3,178
  • Nov 20, 2009 8:41am Nov 20, 2009 8:41am
Ok.... I'm out 73pips for today... I see the light at the end of the tunnel, but not the dead one

Hey King Koala, 2nd great Friday for me... Patience pays, I wait for my price and open my longs

I will remain flat... will watch the market and still read the thread....

Good trading day for all guys...
  • #3,179
  • Nov 20, 2009 8:43am Nov 20, 2009 8:43am
still at work.. late at night and still sick ARGGH
  • #3,180
  • Nov 20, 2009 8:49am Nov 20, 2009 8:49am
Hey I stayed out of G/J, practicing self control

boringz don't worry about that demo of 237pips run, think if you would let it run that long??? or if the position began to go against, remember that market move like 60pips one way and then retrace to its trend.. is so crazy... so only watch and laught
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