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  • #210,301
  • Mar 12, 2010 3:34am Mar 12, 2010 3:34am
Quoting G-Man
5 min pin bar off resistance, daily TL, R2 may provide some relief for any EUR bears.

G-Man
Forget R2, this is a proper resistance level - 35-40. Those who said 3720 should try a little harder .
  • #210,302
  • Mar 12, 2010 3:35am Mar 12, 2010 3:35am
Quoting Kambooj
My analysis is showing a heck of a good sell awaiting at 3750. The EUR session is going to be mixed with confusion, but the New York session is really going to push this currency downwards.
I'm with you seriously
Discipline + Patience - Fear - Greed = Success
  • #210,303
  • Mar 12, 2010 3:36am Mar 12, 2010 3:36am
and you are?

Quoting malcolmb14
Translated this means

"we at MF Global have no clue whats is going on and why euro is going up , so lets make up something that sounds plausible'

food for thought

If I was a large hedge fund and I already have a euro position from way higher BUT I want to add ... will I wait for the retrace to a higher level...
Prices oscillate, trends persist. Trend is your friend.
  • #210,304
  • Edited 3:37am Mar 12, 2010 3:36am | Edited 3:37am
Quoting Trading Cat
Man u doing really well awesome.
One day I will manage to hold a position longer. For now its 20 pips here 14 there.
Ta Cat. I know the feeling.
Do not focus on making money; focus on protecting what you have.
  • #210,305
  • Mar 12, 2010 3:36am Mar 12, 2010 3:36am
Quoting forex888
Should be this way
I doubt that
Discipline + Patience - Fear - Greed = Success
  • #210,306
  • Mar 12, 2010 3:37am Mar 12, 2010 3:37am
Quoting pdean123
Possible trade scenario.
intresting chart.......

what is level 3 trading ???
  • #210,307
  • Mar 12, 2010 3:37am Mar 12, 2010 3:37am
Quoting pdean123
Possible trade scenario.
I like the idea goes in line with pivot trading and what realjumper said before.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #210,308
  • Mar 12, 2010 3:37am Mar 12, 2010 3:37am
Quoting Trading Cat
very good advice G-Man
Thank you all for your good advice. Perhaps the best one is to get a proper job! Anyway, I decided to close half my position and let the other half ride for while longer. Many thanks to you all.
  • #210,309
  • Mar 12, 2010 3:38am Mar 12, 2010 3:38am
actualy 750
Biggest joker
  • #210,310
  • Mar 12, 2010 3:39am Mar 12, 2010 3:39am
Quoting dbfusion
there is no chance for a drop

IMHO

the buyer won't give any chance for sellers to play today !
and any one who waits for a dip to buy won't have this chance too

I am holding my longs and my target today could be 3770 by next week 3850 is easy to see .
all IMHO
sorry mate this was for €/chf
Trade on your own risk Plan your trade&trade your plan dont be a
  • #210,311
  • Mar 12, 2010 3:40am Mar 12, 2010 3:40am
Quoting manojsai
intresting chart.......

what is level 3 trading ???
I have done in depth statistical studies on my trading method. To do that I needed to define levels of success for predictive purposes. Level 1 is best, Level 4 is worst.
  • #210,312
  • Mar 12, 2010 3:44am Mar 12, 2010 3:44am
Went in

http://www.forexfactory.com/showpost...&postcount=199
  • #210,313
  • Mar 12, 2010 3:49am Mar 12, 2010 3:49am
Quoting Why Oh Why
Ta Cat. I know the feeling.
I guess it takes time and lots of pain to get there. Or just smaller contracts which would then not be worth it anymore...
Trade on your own risk Plan your trade&trade your plan dont be a
  • #210,314
  • Mar 12, 2010 3:53am Mar 12, 2010 3:53am
Quoting TheLastCoke
Went in

http://www.forexfactory.com/showpost...&postcount=199
I am waiting for trendline at about 1,3780. Would be perfect if it comes, good Daily Range, good Weekly Range and Trendline.
  • #210,315
  • Mar 12, 2010 3:53am Mar 12, 2010 3:53am
Quoting TheLastCoke
Went in

http://www.forexfactory.com/showpost...&postcount=199
When in for Sell? this could go up till 1.3871. care man
  • #210,316
  • Mar 12, 2010 3:54am Mar 12, 2010 3:54am
Quoting Trading Cat
I guess it takes time and lots of pain to get there.
Yes. I'll let you know if I get there.
Quoting Trading Cat
Or just smaller contracts which would then not be worth it anymore.
You need the right size for your accounts. And a myriad of other factors.
Do not focus on making money; focus on protecting what you have.
  • #210,317
  • Mar 12, 2010 3:55am Mar 12, 2010 3:55am
Could have an interesting afternoon. Maybe when US open we pop higher then reverse hard? I am now starting to trail stops up to lock in the profit and watching for the reversal signal, which is due soon.
  • #210,318
  • Mar 12, 2010 3:55am Mar 12, 2010 3:55am
Short from 1.3751
  • #210,319
  • Mar 12, 2010 3:57am Mar 12, 2010 3:57am
Quoting special0nefx
When in for Sell? this could go up till 1.3871. care man
Adding at .3758
  • #210,320
  • Mar 12, 2010 3:57am Mar 12, 2010 3:57am
Quoting pipsimax
Short from 1.3751
Depending on your target, but not a very good idea ATM.
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