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  • #199,201
  • Feb 19, 2010 3:53am Feb 19, 2010 3:53am
Quoting Mr Daniel.S
Trend is short and most of my charts say short.. but if you look at daily we are now sitting on the 61.8 fib from -09 low to -09 high..

as i mentioned yesterday.. that this could be a nice place to bounce.
However, the bears seems to be in such control. We would need some huge news.. or some major buy orders... so until confirmed i'm playing it short.

Anyone agree?
Yesterday at 16 30 Eastern u got best news to go short.What else do u expect?)
  • #199,202
  • Feb 19, 2010 3:53am Feb 19, 2010 3:53am
Quoting ZeroPip
I will move SL to 1.3510 when price reach below 1.3490
corelation eu and uj is big, so if the uj pass 91.70 for good the eu can go up to 1.3530 easy way
  • #199,203
  • Feb 19, 2010 3:54am Feb 19, 2010 3:54am
Quoting malcolmb14
sounds like a great idea if you have your screen upside down

gu has been in a downtrend last few hours .... why would you buy in a downtrend ?

maybe I am just stupid ..lol

although was a stack of buyers on that dip

Attachment

im just looking at eurusd... and nope its not stupid to trade the big trend direction...not in my opinion..
StopLoss is for none belivers... Trust the Gurus..
  • #199,204
  • Feb 19, 2010 3:56am Feb 19, 2010 3:56am
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  • #199,205
  • Feb 19, 2010 3:57am Feb 19, 2010 3:57am
Ok where's that momma bear which breach my cable lower trendline? I need it once more. But not in a glimpse.

This is not even a Cable thread
Manage your risk accordingly and you're half done your home work.
  • #199,206
  • Feb 19, 2010 3:58am Feb 19, 2010 3:58am
Quoting Mr Daniel.S
Trend is short and most of my charts say short.. but if you look at daily we are now sitting on the 61.8 fib from -09 low to -09 high..

as i mentioned yesterday.. that this could be a nice place to bounce.
However, the bears seems to be in such control. We would need some huge news.. or some major buy orders... so until confirmed i'm playing it short.

Anyone agree?
no, you are making the classic mistake I think, you are not following your analysis, why not instead of playing it short, stay out if your feelings are contrary to your analysis. Still, you could be correct as a double bottom hasn't been made yet. If it does, go with your analysis all the way to the bank.
  • #199,207
  • Feb 19, 2010 3:58am Feb 19, 2010 3:58am
Quoting SashaP
Yesterday at 16 30 Eastern u got best news to go short.What else do u expect?)
I wish agree with U but reaction was on news (good 'pupies' reaction) which big dogs can used to change the position directions, what U think now?
  • #199,208
  • Feb 19, 2010 3:59am Feb 19, 2010 3:59am
eu range till it is not

1.3510 sell , 1.3460 buy

liking the sells more due to 4 hour trend


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  • #199,209
  • Feb 19, 2010 3:59am Feb 19, 2010 3:59am
Quoting SashaP
Yesterday at 16 30 Eastern u got best news to go short.What else do u expect?)
And yet not broken the 61.8 fib...
  • #199,210
  • Feb 19, 2010 4:00am Feb 19, 2010 4:00am
Hello, first post here (but fx trader since 5 years).

trading range today : 1.3550 - 1.3400 ?

Shorting à 1.3510 for 30 pips but risky...
  • #199,211
  • Feb 19, 2010 4:01am Feb 19, 2010 4:01am
Nice Candle on the 1hr.
Attached Image
  • #199,212
  • Feb 19, 2010 4:05am Feb 19, 2010 4:05am
Quoting Atlast
no, you are making the classic mistake I think, you are not following your analysis, why not instead of playing it short, stay out if your feelings are contrary to your analysis. Still, you could be correct as a double bottom hasn't been made yet. If it does, go with your analysis all the way to the bank.
its just hard to stay out
  • #199,213
  • Feb 19, 2010 4:05am Feb 19, 2010 4:05am
Quoting mmccormac
Nice Candle on the 1hr.
I will tell u more,it took 7 min for down move 120 pip.
  • #199,214
  • Feb 19, 2010 4:07am Feb 19, 2010 4:07am
Atlast,

Thanks for posting in here! You are a very good trader and anything you post in here is gold at least to me! Goodluck and Take care.....

Buy the dips huh? I shall try again! ......Just wish we had a double bottom first! We shall see...this has been a tuff week....Gave back 2 weeks of profit.....hope things get better!

Am I looking for the same Target as you mentioned to me earlier?
  • #199,215
  • Feb 19, 2010 4:12am Feb 19, 2010 4:12am
Quoting IMARICH1
Atlast,

Thanks for posting in here! You are a very good trader and anything you post in here is gold at least to me! Goodluck and Take care.....

Buy the dips huh? I shall try again! ......Just wish we had a double bottom first! We shall see...this has been a tuff week....Gave back 2 weeks of profit.....hope things get better!

Am I looking for the same Target as you mentioned to me earlier?
buy dips ? interesting ... why ?
Blogging daily now at www.volume.zone
  • #199,216
  • Feb 19, 2010 4:13am Feb 19, 2010 4:13am
hi everybody
I'm a newbie here in the forum as well as trading .. so i'm still in the "rescue me please ! " mood

i went long @ 3800 (this was on 9/2) then long again @ 3735 then short @ 3700 ..
i'm stuck now and don't know what to do .. i think it is not going up again over the 3700 ? and i'm loosing more and more as the sell lot size is 2 and buy with 3
any help ??
  • #199,217
  • Feb 19, 2010 4:15am Feb 19, 2010 4:15am
Quoting IMARICH1
Atlast,

Thanks for posting in here! You are a very good trader and anything you post in here is gold at least to me! Goodluck and Take care.....

Buy the dips huh? I shall try again! ......Just wish we had a double bottom first! We shall see...this has been a tuff week....Gave back 2 weeks of profit.....hope things get better!

Am I looking for the same Target as you mentioned to me earlier?
Hi buddy, I'm not trading right now so have time to peruse and reply. Yeah, I'm still looking for the same target. Been a tough week alright. Expect some big instutional traders are celebrating this weekend, at our expenseI'm waiting for the NY open.
  • #199,218
  • Feb 19, 2010 4:17am Feb 19, 2010 4:17am
for the long term bulls ....


party is just warming up .... target 1.10 ish

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  • #199,219
  • Feb 19, 2010 4:18am Feb 19, 2010 4:18am
wrong chart

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Quoting malcolmb14
for the long term bulls ....


party is just warming up .... target 1.10 ish

Attachment
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  • #199,220
  • Feb 19, 2010 4:19am Feb 19, 2010 4:19am
Going to sleep for 40 min be back soon maybe more than 40 min LOL)
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