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  • #321
  • Dec 3, 2009 1:45pm Dec 3, 2009 1:45pm
Quoting FXAdvice
I just open a low lot long , lets see what happen
I suppose GU has enough space to slide down to 1.6450 or further to 1.6360.

http://s51.radikal.ru/i133/0912/b4/921fa55cf0a7.jpg
  • #322
  • Dec 3, 2009 2:14pm Dec 3, 2009 2:14pm
Quoting AlexanderSV
I suppose GU has enough space to slide down to 1.6450 or further to 1.6360.

http://s51.radikal.ru/i133/0912/b4/921fa55cf0a7.jpg
yep 6450 that's what I am thinking. Still in.
  • #323
  • Dec 3, 2009 2:36pm Dec 3, 2009 2:36pm
Just as I thought when the bulls where ready to jump in at 6550 somebody pushes price down to take out stops below yesterday's low. Look at that 5 min candle, the stop hunters trade mark at support areas.

I see consolidation at present level with no heavy orders coming in till NFP. So no trade for me too risky.
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LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #324
  • Dec 3, 2009 2:42pm Dec 3, 2009 2:42pm
Quoting AlexanderSV
I suppose GU has enough space to slide down to 1.6450 or further to 1.6360.

http://s51.radikal.ru/i133/0912/b4/921fa55cf0a7.jpg
Patient is the key. also i told you because of NON-Farm market a little risky and already it didn't go so far
  • #325
  • Dec 3, 2009 2:54pm Dec 3, 2009 2:54pm
Quoting okehiedon
Just as I thought when the bulls where ready to jump in at 6550 somebody pushes price down to take out stops below yesterday's low. Look at that 5 min candle, the stop hunters trade mark at support areas.

I see consolidation at present level with no heavy orders coming in till NFP. So no trade for me too risky.
its normal, always the night before important news we see some SL hunting on market, most of them are before , FOMC meeting , Non-Farm ....
  • #326
  • Dec 3, 2009 4:14pm Dec 3, 2009 4:14pm
Quoting FXAdvice
Patient is the key. also i told you because of NON-Farm market a little risky and already it didn't go so far
Yep, fully agree, mate. This is the first step on the stairs from loser in FX to winner. Both of us will eventually win, me with my short and you with your long. Both of us know this well enough to ride the wave and stay in trade for a little bit more than just 20-50 pips.
Cheers mate!
  • #327
  • Dec 3, 2009 4:48pm Dec 3, 2009 4:48pm
I don't like this price actions, i think market is under influence of non-farm
  • #328
  • Dec 3, 2009 5:22pm Dec 3, 2009 5:22pm
Quoting FXAdvice
I don't like this price actions, i think market is under influence of non-farm
Well.. what can I say? Price includes it all here and now. All expectations and all desicions and announcements made or which will be made.
  • #329
  • Dec 3, 2009 9:43pm Dec 3, 2009 9:43pm
Anyone looking at E/Y? from a bit of analysis going long at 1.5046.....
  • #330
  • Dec 3, 2009 9:56pm Dec 3, 2009 9:56pm
Quoting bank.it
Anyone looking at E/Y? from a bit of analysis going long at 1.5046.....
did you mean EU?,for me it has two hurdle one at 5065 another at 5035,however its a newbie's analysis
Money is made by sitting, not trading. Jesse L. Livermore
  • #331
  • Dec 3, 2009 10:16pm Dec 3, 2009 10:16pm
Yes sorry, i meant E/U ha ha
  • #332
  • Dec 3, 2009 11:11pm Dec 3, 2009 11:11pm
I have entered Cable long at 1.6556 with SL 1.6500 (below recent lows) at and TP at 1.6650.

Please let me know what you think.
Thanx

NOTE: I am only DEMO trading. Please don't use this as advise for real money trading.
  • #333
  • Dec 3, 2009 11:19pm Dec 3, 2009 11:19pm
finally we are on the way of profit

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  • #334
  • Dec 3, 2009 11:28pm Dec 3, 2009 11:28pm
hi fx,

good morning,where did you entered second time,my trade (enter @6567) was stopped out @6543,today entered again @6564 and got out at6583 because i see a hurdle @6585,what do you think?
Money is made by sitting, not trading. Jesse L. Livermore
  • #335
  • Dec 3, 2009 11:33pm Dec 3, 2009 11:33pm
Quoting sam69
hi fx,

good morning,where did you entered second time,my trade (enter @6567) was stopped out @6543,today entered again @6564 and got out at6583 because i see a hurdle @6585,what do you think?
Hi,

3 candle after that first fall...
  • #336
  • Dec 3, 2009 11:38pm Dec 3, 2009 11:38pm
I just closed half of my positions and BE remain for more...

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  • #337
  • Dec 3, 2009 11:42pm Dec 3, 2009 11:42pm
Its crazy i don't know why twee move my thread to commercial forum!!
  • #338
  • Dec 4, 2009 12:16am Dec 4, 2009 12:16am
hello,

i've noticed that this thread is moved to commercial site,i don't understand it because its nothing to do with it,i think it belongs to discussion site,please move it back,many thanks!!
Money is made by sitting, not trading. Jesse L. Livermore
  • #339
  • Dec 4, 2009 12:56am Dec 4, 2009 12:56am
now we have +100 pips...

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  • #340
  • Dec 4, 2009 1:11am Dec 4, 2009 1:11am
Quoting FXAdvice
now we have +100 pips...

Attachment
Nick I got a short @ 6601 what are my chances of getting it

I know it was a bad entry
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