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  • #200,401
  • Feb 22, 2010 4:42pm Feb 22, 2010 4:42pm
Descending Triangle appears to be forming on the 1hr chart. If PA breaks the support we could see a run back to 3550-3500. The 1hr chart shows a 200 p range 3650-3450.
Make money or go broke... its the Forex way.
  • #200,402
  • Feb 22, 2010 4:46pm Feb 22, 2010 4:46pm
Quoting gatorinla
the more closes below 3622 the harder it will be to break..
Couldn't you make the argument that the longer it stays above 3560, 3570, 3580, 3590... the harder it will be to drop? Don't get me wrong I'm on your side, but just wondering cause it's been in the same area without dropping for awhile now.
  • #200,403
  • Feb 22, 2010 4:59pm Feb 22, 2010 4:59pm
New pivot at 1.3608 fits in well with our descending TL and recent short-term high.

Pending short @ 1.3605
S/L 3625
TP 3550 +
  • #200,404
  • Feb 22, 2010 5:11pm Feb 22, 2010 5:11pm
h1 shampoo... pending long @ 3628

tp 3660
sl 3611
  • #200,405
  • Feb 22, 2010 5:17pm Feb 22, 2010 5:17pm
Quoting 2+2=4ex
h1 shampoo... pending long @ 3628

tp 3660
sl 3611
excuse me, but what exactly is the "shampoo"-thing?
  • #200,406
  • Feb 22, 2010 5:19pm Feb 22, 2010 5:19pm
Ive been stupid... and i wanted to tell you all that proves i am still stupid.
I think eur/usd is going up and i bought gold and USDCHF..
I have bought it now so i guess i will wait for them to hit a stop loss.
Maybe i get lucky..
  • #200,407
  • Feb 22, 2010 5:19pm Feb 22, 2010 5:19pm
Quoting Mr Hatch
excuse me, but what exactly is the "shampoo"-thing?
http://3.bp.blogspot.com/_Vs1uvLo8-5...+shoulders.jpg
  • #200,408
  • Feb 22, 2010 5:21pm Feb 22, 2010 5:21pm
Quoting 2+2=4ex
http://3.bp.blogspot.com/_Vs1uvLo8-5...+shoulders.jpg
lol, exactly what i'm using... but come on... help me out...
  • #200,409
  • Feb 22, 2010 5:21pm Feb 22, 2010 5:21pm
Quoting 2+2=4ex
h1 shampoo... pending long @ 3628

tp 3660
sl 3611
Are you short right now?
Make money or go broke... its the Forex way.
  • #200,410
  • Feb 22, 2010 5:23pm Feb 22, 2010 5:23pm
Let me show you something on daily.. If you take B. Bernanke rate bluff

BS cut out of the picture (and retrace), we got that YELLOW bottom line at about

$1.3585 (I must say Driver55 real good to verify those lines)

and it's been holding since 02/05/2010 (22 days) .. OK?

Check this out :
Attached Image (click to enlarge)
Click to Enlarge Name: eu_daily_flat_20d_flat.jpg Size: 87 KB
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  • #200,411
  • Feb 22, 2010 5:26pm Feb 22, 2010 5:26pm
Quoting 2+2=4ex
Couldn't you make the argument that the longer it stays above 3560, 3570, 3580, 3590... the harder it will be to drop? Don't get me wrong I'm on your side, but just wondering cause it's been in the same area without dropping for awhile now.
you could.. but we are under long time pivots. getting here it took the wind out the pair to get here. we usaully rest some.. getting back isnt set in concrete yet, but as time goes on it will be. cad free fell just like this 2 years ago. very little retrace..
those who can, do. those who cant, talk about those who can
  • #200,412
  • Feb 22, 2010 5:31pm Feb 22, 2010 5:31pm
Quoting forexmick
My scalper long trade is +116 pips. Closing it now.
I have got some spare time. I am going to do some more scalping trades. I have gone short at 3590 a minute ago. Not using any sl or tp.
I am watching the screen. I have long term shorts from 1.4900 , 1.4800, 1.4500 and 1.4000 so now i am trading for entertainment
  • #200,413
  • Feb 22, 2010 5:34pm Feb 22, 2010 5:34pm
Quoting Fxmastersclb
Are you short right now?
No, I closed some old shorts last friday. And both short trades from today hit SL. One for -10 and one for +1. PA moved up and knocked me out. I'm moving my SL up quick from 10 back to be +1 at +10. Hoping to catch a quick drop, but avoid getting burned on a snap up. Been tempted to keep doing it, but with no news or anything looks like its just ranging. Not worth risking a loss of 10 for just 1 pip.

I will set a long at 3628 as stated few minutes ago. Otherwise gonna wait and maybe take a stab on a short at Tokyo fix. Tight SL at -10 if I do it.
  • #200,414
  • Feb 22, 2010 5:34pm Feb 22, 2010 5:34pm
Quoting SkyzerFX
Let me show you something on daily.. If you take B. Bernanke rate bluff

BS cut out of the picture (and retrace), we got that YELLOW bottom line at about

$1.3585 (I must say Driver55 real good to verify those lines)

and it's been holding since 02/05/2010 (22 days) .. OK?

Check this out :
oh yeah... its been here since october and posted... and we always bounce when targets are hit.( 3452). then it becomes s/r (blue lines)..... the yellow chart (not included) you see me post is the next chart above this one..

i will repost chart and black out the purple and gold to make it show better
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #200,415
  • Feb 22, 2010 5:35pm Feb 22, 2010 5:35pm
Quoting forexmick
I have got some spare time. I am going to do some more scalping trades. I have gone short at 3590 a minute ago. Not using any sl or tp.
I am watching the screen. I have long term shorts from 1.4900 , 1.4800, 1.4500 and 1.4000 so now i am trading for entertainment
Hey i saw this message before..
Well good for you.!
How much profit do you have?
  • #200,416
  • Feb 22, 2010 5:37pm Feb 22, 2010 5:37pm
Quoting forexmick
I have gone short at 3590 a minute ago.
Not using any sl or tp. I am watching the screen.
Yeah, keep watching, your broker would like your scalping trades, taking

out 2-3 pips (spread) per every entry.. More you trade = more you lose,

that's guarantee, or your "money back"
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  • #200,417
  • Feb 22, 2010 5:38pm Feb 22, 2010 5:38pm
Market is very boring.... I´m closing now two positions from EURGBP.... +18 +17... earned +40 pips before when it reached 0.8760... today´s total of +75 pips...
I opened one short position in EURUSD... at 1.3580 ... SL 1.3640... target 1.3430...
... All good things come to those who wait...
  • #200,418
  • Feb 22, 2010 5:38pm Feb 22, 2010 5:38pm
That was the best piece of ass chart I've had in awhile.
  • #200,419
  • Feb 22, 2010 5:39pm Feb 22, 2010 5:39pm
Quoting longshot_nl
Ive been stupid... and i wanted to tell you all that proves i am still stupid.
I think eur/usd is going up and i bought gold and USDCHF..
I have bought it now so i guess i will wait for them to hit a stop loss.
Maybe i get lucky..
Waarom wachten tot je de s/l raakt?
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  • #200,420
  • Feb 22, 2010 5:40pm Feb 22, 2010 5:40pm
Quoting gatorinla
oh yeah... its been here since october and posted... and we always bounce when targets are hit.( 3452). then it becomes s/r (blue lines)..... the yellow chart (not included) you see me post is the next chart above this one..

i will repost chart and black out the purple and gold to make it show better
gggggggg
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 20 KB
those who can, do. those who cant, talk about those who can
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