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  • #210,361
  • Mar 12, 2010 4:37am Mar 12, 2010 4:37am
Quoting kingfisher
Timing the market is quite challenging.

One day long green candle, another day red green candle...
Timing is a bitch. But still have to take the entries if they are there.
  • #210,362
  • Mar 12, 2010 4:37am Mar 12, 2010 4:37am
1.38 is on its way i think. Then i will scale out and start loading the shorts up. But only conservtively. I will start adding heavily when we get a good confirmation of a sell. I.e a reversal candle on H1 on high volume. Then the same for the H4.
  • #210,363
  • Mar 12, 2010 4:37am Mar 12, 2010 4:37am
Viagra don't last forever
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #210,364
  • Mar 12, 2010 4:38am Mar 12, 2010 4:38am
Quoting kingfisher
A short lived bull rally.

Hold your shorts in DD. No need to close them in loss.
I'd question the trading skill of anyone still holding on to a short. Having a negative outlook does not mean having to live with bullish shorterm movement. If someone does have a longterm negative outlook and they were good, they would have exited by now, and re-enter at a better price.
  • #210,365
  • Mar 12, 2010 4:38am Mar 12, 2010 4:38am
Quoting Why Oh Why

If 1.371 holds I'll be well in the money. Holding from 1.354 and 1.362. Last 1.373.http://pcinternational.co.uk/wp-cont...03/eurusd7.gif

Exited 1 long from 1.354 and went short at 1.378, 1.376 and 1.374. Long from 1.362 remains for the moment. Last 1.379.
Quoting kingfisher
Great call from driver55. Not many traders went long at 3664 but driver 55 did and closed it for 100 pips.
Well called driver55.

http://pcinternational.co.uk/wp-cont...03/eurusd9.gif

Do not focus on making money; focus on protecting what you have.
  • #210,366
  • Mar 12, 2010 4:38am Mar 12, 2010 4:38am
Quoting kingfisher
A short lived bull rally.

Hold your shorts in DD. No need to close them in loss.
excuse my ignorance but what makes u believe the run up is exhausted?
Trade on your own risk Plan your trade&trade your plan dont be a
  • #210,367
  • Mar 12, 2010 4:41am Mar 12, 2010 4:41am
1.3830 is a nice wave equality pattern on the H4.

That will get me adding short if we hit it and reverse. If anyone is wondering what Wave equality i am stating and looking at then go to H4, check the low at 1.3433 and the first wave up to 1.3735 = 302 pips.

then take the low of the 1.3530 and add 302 pips = 1.3832.
  • #210,368
  • Mar 12, 2010 4:42am Mar 12, 2010 4:42am
Quoting Mr J
I'd question the trading skill of anyone still holding on to a short. Having a negative outlook does not mean having to live with bullish shorterm movement. If someone does have a longterm negative outlook and they were good, they would have exited by now, and re-enter at a better price.
I second that, if wrong get out.
i entered a long, which i just exited again at previous high, and waiting to see what happens here
Biggest joker
  • #210,369
  • Mar 12, 2010 4:43am Mar 12, 2010 4:43am
Short term scalp short taken at 13789. Stop above 13800.

Medium term osc showing overbought.

G-Man
  • #210,370
  • Mar 12, 2010 4:43am Mar 12, 2010 4:43am
EURO-DOLLAR: Euro extends its gains to $1.3796 as continued rounds of
buying push the euro to the high since 11 Feb, talk in the market of a
large buyer of 1 week 1.3900 calls is helping the rally, market
currently $1.3790

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #210,371
  • Mar 12, 2010 4:44am Mar 12, 2010 4:44am
Quoting Why Oh Why
Exited 1 long from 1.354 and went short at 1.378, 1.376 and 1.374. Long from 1.362 remains for the moment. Last 1.379.Well called driver55.

http://pcinternational.co.uk/wp-cont...03/eurusd9.gif

what Your SL Sir
Trade What You See and Not What You Think
  • #210,372
  • Mar 12, 2010 4:48am Mar 12, 2010 4:48am
I’m posting the chart explaining the possible target point for the current up-trend move that we’re watching @EU right now. The length of fifth wave is going to be 261.8% comparing to the first one and it’s going to reach then 1.3825-1.3835

You can check it through the signature link.
  • #210,373
  • Mar 12, 2010 4:50am Mar 12, 2010 4:50am
Quoting Mr J
I'd question the trading skill of anyone still holding on to a short. Having a negative outlook does not mean having to live with bullish shorterm movement. If someone does have a longterm negative outlook and they were good, they would have exited by now, and re-enter at a better price.
what's wrong with wider stops when trading weekly chart?
Prices oscillate, trends persist. Trend is your friend.
  • #210,374
  • Mar 12, 2010 4:50am Mar 12, 2010 4:50am
closed longs
I SEE YOU !!
  • #210,375
  • Mar 12, 2010 4:50am Mar 12, 2010 4:50am
Scalp closed. +8
  • #210,376
  • Mar 12, 2010 4:51am Mar 12, 2010 4:51am
Quoting grashid
mm...1.0580-1.0545-1.0460-break 1.04 then 1.0335-1.0237..
http://www.forexfactory.com/showpost...stcount=209550

EU as well ...
  • #210,377
  • Mar 12, 2010 4:52am Mar 12, 2010 4:52am
I think it is overbought for the time being and 1.38 may be a daily top but if it goes over 1.38 again, I will exit my remaining small short position.
  • #210,378
  • Mar 12, 2010 4:55am Mar 12, 2010 4:55am
30 min reversal bar nearly formed. Could signal daily high has been reached.

G-Man
  • #210,379
  • Mar 12, 2010 4:56am Mar 12, 2010 4:56am
GU's rolling over
  • #210,380
  • Mar 12, 2010 4:57am Mar 12, 2010 4:57am
Quoting G-Man
30 min reversal bar nearly formed. Could signal daily high has been reached.

G-Man

Yes, but i would prefer to see more volume, to show people are closing and reversing.
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