DislikedEJ hit 76 fib retract of previous down move. possible short is possibleIgnored
ATM, the eur is rising and the yen is falling.
Ghost Rider - WWTBMD?
Better-than-the-wormhole 555 replies
DislikedEJ hit 76 fib retract of previous down move. possible short is possibleIgnored
Dislikedfinally some justice.
after a horrid day with eu, managed to scalp one back at the fixing.
+60usd on the day. Peanuts I know, but beggers can't be choosers
Now come on cable.Ignored
Dislikedfinally some justice.
after a horrid day with eu, managed to scalp one back at the fixing.
+60usd on the day. Peanuts I know, but beggers can't be choosers
Now come on cable.Ignored
Dislikedmy second sell on euro is still surviving, fingers crossed.
though this will be one of those weeks in negative pips.. but thats the nature of the game.Ignored
DislikedWell, managed to identify where mistakes were made the whole day today with my Euro trade. Simple things which I had overlooked. Thought of sharing it.
At day open yesterday, price had opened in between pvp. On the H1, not shown here, clearly a doji, which signalled indecision. Here was my first mistake, instead of taking it as it supposed to be - indecision, I concluded it as weakness. Mistake number 2, I failed to look closely enough, which was right in between pvp, not above or below, so I should've taken the next hour close (h1) to gauge the...Ignored
DislikedGreetings from the UK. Stumbled on this thread from a link on the Cable forum.
Seems like a good place to hang out.
I admire anyone who posts their trades in advance.
Flat everywhere at the moment. Looking to take a swing long on Euro/CHF
next week. Looks to have bottomed, but a stop loss of 150 odd pips might be needed to cover the first position, as its still bouncing about.
Dollar looking as if it should be coming off a bit, but still taking that one a day at a time.
Just saying hello. I'll look in on Sunday if that's OK.Ignored
DislikedAzIm.....also there was a WEEKLY SUPPORT LEVEL....followed by what the Market percieved as BULLISH EURO news,and also an INVERTED HAMMER on THE DAILY...
EUR_USD Spot.pngIgnored
DislikedHi baz,
Noted, thanks. But I don't use the weekly to gauge direction until the bar close tho. And, to top it off dx broke an important level for a new yearly high (1 day before merkel's & sarkozy's accord on greece).
Anyway thanks again for pointing it out.
Have a great weekendIgnored
Dislikedi understand....but its a Level at which Caution was needed....ie Selling at Major SUPPORT...at present it HELD
BUT at end of day.....trading is all about RISK and MM....backed by analysis..
You take care....and i am sure ,you will be ready and FIRED up for next SUNDAY/MONDAY...
bazIgnored
DislikedSellers are defending 1.49000 barrier on cable, they can be seen in the chart below. I'm still in the buy at 1.48781 on Cable. The AUDUSD sell going well, also the EURGBP buy should tick higher.
Edit: corrected lol, is 1.49 not 1.35...Ignored
Dislikedthat's the thing baz, few days back I was buying at the support you mentioned. Take a look:
1. http://www.forexfactory.com/showpost...postcount=5605
Then dx broke to new high, I revert the position. Oh the irony!
Ah well, happens. Roll on next trade.
Cheers baz, have a good one!Ignored
Dislikedit happens to ALL of us.....i mean,the TIMING.....BUT we have to trade with a SL.....part and parcel of Trading...
i think ,there was a Cable trade you took,i dont quite remember when,i think around the begining of the week ??......that went against you quite a BIT,but eventually turned just around your SL level and went to make profit..
bazIgnored