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EURUSD

  • #200,301
  • Feb 22, 2010 11:53am Feb 22, 2010 11:53am
Still holding shorts...right now it seems to be in the middle of nowhere...price action sucks...no vol...nothing to do

Btw EURGBP looks to be an really interesting short!
COT: The precious data ignored
  • #200,302
  • Feb 22, 2010 11:56am Feb 22, 2010 11:56am
Quoting X.Oden
I think the best thing to do right now is just walk away from the charts for the rest of the day.

You'll go nuts looking at it all day.
I concur, after trying to scalp for 3 hours, making $41 and losing $17... it's just not going to budge from this tight triangle at the moment and I almost passed out waiting for the short that never presents itself.
  • #200,303
  • Feb 22, 2010 11:57am Feb 22, 2010 11:57am
Quoting gatorinla
you say that. but most cant take the pressure. they get out too early.. or get greedy and stay in too long..
I'm Guilty but very true words!
  • #200,304
  • Feb 22, 2010 11:59am Feb 22, 2010 11:59am
Sometimes I got the moments like today when I can't look on the chart with fresh eye. I'm done for today. It is always better not to lose money. Good pipping for all
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  • #200,305
  • Feb 22, 2010 11:59am Feb 22, 2010 11:59am
Quoting Trading Cat
this obama dude is really pissing me off every time he speaks the markets tank, please let us know when he stops so we can long safely again

I put my stoploss in and stay out of the market untill hes done. It will every freakin time.
  • #200,306
  • Feb 22, 2010 11:59am Feb 22, 2010 11:59am
Quoting Mr Daniel.S
Gator, all your levels you have in your chars, how do u calculate them.. or get them from?

Do you put them in manually or you use some file for MT?
just live fib levels..
those who can, do. those who cant, talk about those who can
  • #200,307
  • Feb 22, 2010 12:00pm Feb 22, 2010 12:00pm
In this episode Gotham City was saved.

http://www.forexfactory.com/showpost...stcount=199987
  • #200,308
  • Feb 22, 2010 12:02pm Feb 22, 2010 12:02pm
Quoting jerome
I'm Guilty but very true words!
thats why you should always take some profit. i close half at target levels posted.. then wait for slip close the rest.. and renter on bounce....
those who can, do. those who cant, talk about those who can
  • #200,309
  • Feb 22, 2010 12:04pm Feb 22, 2010 12:04pm
Quoting gatorinla
just live fib levels..
ok, thank you!
  • #200,310
  • Feb 22, 2010 12:05pm Feb 22, 2010 12:05pm
Quoting TheLastCoke
In this episode Gotham City was saved.

http://www.forexfactory.com/showpost...stcount=199987
just keep counting..
those who can, do. those who cant, talk about those who can
  • #200,311
  • Feb 22, 2010 12:07pm Feb 22, 2010 12:07pm
I'm already in though, been in for a few days now....


Quoting SkyzerFX
Common, GOLD going up so far, EU still can go higher, but I have no trades

anywhere.. EU not yet SELL on my 1H, MACD still green, same for Cable,

not long not short.. I'll stay away for now, why bother with 5-10 pips.
In Charts We Trust!
  • #200,312
  • Feb 22, 2010 12:08pm Feb 22, 2010 12:08pm
Quoting gatorinla
just keep counting..
I will stop counting at .3403
  • #200,313
  • Feb 22, 2010 12:12pm Feb 22, 2010 12:12pm
Maybe my eyes are playing tricks on me or I'm starting to reach for non existent clues, but it looks like a H&S forming to the upside on the EURUSD 1HR....

I don't typically look at those, I do mainly flags, ascending, descending triangles, trendline breaks and reversal ledges, but that's bout it...
In Charts We Trust!
  • #200,314
  • Feb 22, 2010 12:13pm Feb 22, 2010 12:13pm
Quoting TheLastCoke
I will stop counting at .3403
i have just began to count.
those who can, do. those who cant, talk about those who can
  • #200,315
  • Feb 22, 2010 12:15pm Feb 22, 2010 12:15pm
It is time to put shorts on if this breaks 75
  • #200,316
  • Feb 22, 2010 12:16pm Feb 22, 2010 12:16pm
Quoting smurf
I put my stoploss in and stay out of the market untill hes done. It will every freakin time.
I didnt know he was speaking... will have to keep updated to his schedule and trade accordingly.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #200,317
  • Feb 22, 2010 12:18pm Feb 22, 2010 12:18pm
today , now is wave 4 of c correcting wave 1 of 3 down.

Down to 1.3550 up to 1.3750-80 then Down in wave 5 of 3 to past 1.30

i know it's moving now heading to 1.3550 but i believe there is one final up to complete C wave

Seeker's Creed
  • #200,318
  • Feb 22, 2010 12:19pm Feb 22, 2010 12:19pm
Time to close the shop now. Price is nowhere in my opinion. Just bagged only 18 pips within 3hrs trading time. Well, not an amazing day but I accept every gifts given.

If I'm pushed to trade then maybe I will re-enter short again at 1.3595 for scalping time. But it is a lazy hours. You'll need more than 1 hour to see how is the cake will be.

Trade safe guys. Keep your pips on a dry place.
Manage your risk accordingly and you're half done your home work.
  • #200,319
  • Feb 22, 2010 12:23pm Feb 22, 2010 12:23pm
An update here... USD about middle channel.. about to gain some momentum up...
EUR breaking middle channel... about to fall serious...
GOLD... well... the target was 1110... middle channel... but seems like it has some more room down... 1100 maybe? unless my channel give me a buy signal i'm not going long on gold...
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  • #200,320
  • Feb 22, 2010 12:23pm Feb 22, 2010 12:23pm
Quoting evilglory
lol 1000 pips is 10,000 usd to me. very huge amount as i'm a very small player
U need to reduce ur lot size if u don't want to be run out of the market. If yours is a small account 1,000 pips should also mean about USD1,000 to u
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