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  • #191,621
  • Feb 8, 2010 2:49am Feb 8, 2010 2:49am
Quoting AmeriTrini
ahhh, you belong trading stocks......why dont you go do that?, this is FOREX.....and we make money going up and down. As long as you exit properly or should I say, TIMELY.
You trade your way....I'll trade mine
Doing what you like is Freedom. Liking what you do is Happiness.
  • #191,622
  • Feb 8, 2010 2:50am Feb 8, 2010 2:50am
I am holding my short, probably if I see bulls are getting exhausted I will re-enter!
  • #191,623
  • Feb 8, 2010 2:52am Feb 8, 2010 2:52am
Quoting fontu
Good decision , now it can play 1.3719/30/44 , placed pending orders & waiting.
what happened to the world , eu & gold start fighting back?
anyway good profit already done & engaging antitrend with some to give back .

fontu
Let's see where this goes......I'll be sleeping in a few hours so I may put in a sell order depending on the pa behaviour.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #191,624
  • Feb 8, 2010 2:54am Feb 8, 2010 2:54am
Do you Guys Use Trailing Stop when u open a position? Because i am up 25pip Eur/Usd but dont know what trailing stop size to use
Trade What You See and Not What You Think
  • #191,625
  • Feb 8, 2010 2:56am Feb 8, 2010 2:56am
Monday morning and blurry eyed still...137.030 was what I had noticed so please don't think I was being sarcastic.

Quoting spieler
and you think resistances are only based on pivot points???
In my TF 4h i have a resistance quite strong in 137,30 area

Spot on Spieler with your resistance points so far....not many so accurate!

Happy pipping!
  • #191,626
  • Feb 8, 2010 2:59am Feb 8, 2010 2:59am
I went short at 1.3639 with 100 pip s/l, seemed like a sure thing for a couple hundred pips for the week - what happened? Is this delayed reaction to fridays NFP reports or something? Maybe I should avoid entering on mondays
si hoc legere scis nimium eruditionis habes
  • #191,627
  • Feb 8, 2010 3:02am Feb 8, 2010 3:02am
Yep +55 pips so far and +80 on E/Y

market very slow now lack of strenght on this up movment
  • #191,628
  • Feb 8, 2010 3:06am Feb 8, 2010 3:06am
first target achived !

I SEE YOU !!
  • #191,629
  • Feb 8, 2010 3:07am Feb 8, 2010 3:07am
Quoting numbnuts
I went short at 1.3639 with 100 pip s/l, seemed like a sure thing for a couple hundred pips for the week - what happened? Is this delayed reaction to fridays NFP reports or something? Maybe I should avoid entering on mondays
Why did you enter so late short? What is the reason why you entered sell, and why at this point? With what % of the acc u entered short? Are you long-term or short-term trading? Answer these questions to yourself...No matter what, do not panic.
  • #191,630
  • Feb 8, 2010 3:10am Feb 8, 2010 3:10am
IMHO retracement might test 1.3737 or 1.3762. Any thoughts?
  • #191,631
  • Feb 8, 2010 3:11am Feb 8, 2010 3:11am
Quoting akkubhai
IMHO retracement might test 1.3737 or 1.3762. Any thoughts?
I might re-enter sell at around 1.3720-25, if it of course goes there!
  • #191,632
  • Feb 8, 2010 3:12am Feb 8, 2010 3:12am
I see it going up to 3750 where fibo 38.2 lays...!!! thats where I`ll place my shorts...! for now I`m long up to 3740...!
  • #191,633
  • Feb 8, 2010 3:14am Feb 8, 2010 3:14am
last candle is a very bad sign...! oh no it corrected... sorry...!!!
  • #191,634
  • Feb 8, 2010 3:16am Feb 8, 2010 3:16am
there is a Resistance in the 50 day MA in 1 hour TF for the Bullish Signal, Still up 30pips
Trade What You See and Not What You Think
  • #191,635
  • Feb 8, 2010 3:18am Feb 8, 2010 3:18am
Quoting smokemachine
last candle is a very bad sign...! oh no it corrected... sorry...!!!

What do you mean mate?
  • #191,636
  • Feb 8, 2010 3:18am Feb 8, 2010 3:18am
Quoting smokemachine
I see it going up to 3750 where fibo 38.2 lays...!!! thats where I`ll place my shorts...! for now I`m long up to 3740...!

where is the 50% fib?
  • #191,637
  • Feb 8, 2010 3:20am Feb 8, 2010 3:20am
Quoting forexstrah
What do you mean mate?
newer mind, my mistake, I thought it would close like a hammer...!!!
  • #191,638
  • Feb 8, 2010 3:21am Feb 8, 2010 3:21am
Quoting AmeriTrini
where is the 50% fib?
3803 on my charts...!
  • #191,639
  • Feb 8, 2010 3:22am Feb 8, 2010 3:22am
For a "Forex newbie" you seem to know your shit. I see the same, I want to see a break breathe of this trendline too before I sell again.

Quoting sierra
testing 3702, fib ext 100... the rush up is c wave of ii... if correct then we'll have another dive after this... max is 3753... but my level to watch is 3742.. breach that and i'm out... potential to look for new long
  • #191,640
  • Feb 8, 2010 3:22am Feb 8, 2010 3:22am
Quoting smokemachine
3803 on my charts...!

now thats what I call a short!..............
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