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EURUSD

  • #227,801
  • Apr 19, 2010 8:25am Apr 19, 2010 8:25am
I'll wait for some kind of bounce to sell.

I'll also trade a collapse but that ain't likely on a Monday unless the IMF and EU tell Greece the free lunch is over.

Never take a trade at 9:30EST - it's a suckers game. (unless she collapses)

.3400 should see a little support.

If we collapse then .3350 looks like a nice target or certainly a spot for possible support.

Mike
  • #227,802
  • Apr 19, 2010 8:27am Apr 19, 2010 8:27am
Quoting Mackeymax
lock profit @ 123.75....euro/$ still brewing.......
Well Done, we are currently looking at a key support area from previous weekly lows.
  • #227,803
  • Apr 19, 2010 8:29am Apr 19, 2010 8:29am
Quoting acumen
I'll wait for some kind of bounce to sell.

I'll also trade a collapse but that ain't likely on a Monday unless the IMF and EU tell Greece the free lunch is over.

Never take a trade at 9:30EST - it's a suckers game. (unless she collapses)

.3400 should see a little support.

If we collapse then .3350 looks like a nice target or certainly a spot for possible support.

Mike
I saw that in one of your vids about taking a trade around 9:30.. I couldn't agree more.. I learned the hard way though.. LOL..
  • #227,804
  • Apr 19, 2010 8:30am Apr 19, 2010 8:30am
Quoting Kramerica
I saw that in one of your vids about taking a trade around 9:30.. I couldn't agree more.. I learned the hard way though.. LOL..
i've easily lost thousands of dollars trying to pick a direction at the start of the day.

m
  • #227,805
  • Apr 19, 2010 8:31am Apr 19, 2010 8:31am
Quoting MackS10
Well Done, we are currently looking at a key support area from previous weekly lows.
it's a suckers game... don't care how lucky he got.

m
  • #227,806
  • Apr 19, 2010 8:34am Apr 19, 2010 8:34am
I am bullish M5.
TP 1.3480
  • #227,807
  • Apr 19, 2010 8:35am Apr 19, 2010 8:35am
New voodata just in on close inspection I think we looking at the bounce up to .3469 I closed me short and am long to this level. I haven't studied this carefully yet but at first glance it looks clear.
Founder of Sutherland Wave Principle
  • #227,808
  • Apr 19, 2010 8:36am Apr 19, 2010 8:36am
Quoting acumen
i've easily lost thousands of dollars trying to pick a direction at the start of the day.

m
well said , I saw many good traders before not in any trades on Monday ,may be due there are random ups & down rather than a decisive movements on Moday & settled by tuesday for best trades .
so , not looking any great result but can scalp at least in rondoms nicely if the basic direction is ok.
and doing better when decided scalping , opening computer in this evening about half an hr now. more easy to take pips in few min only , if ea take few pips or not allow almost any + trades into loss ,better .
wherase how many times I allow profit trades went into loss in the morning & ultimately close with min pips closing my eye (allow ea to take control without emotion).
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #227,809
  • Apr 19, 2010 8:39am Apr 19, 2010 8:39am
c'mon 6 more pips up and I am back short 52 I have my pendings
Trade on your own risk Plan your trade&trade your plan dont be a
  • #227,810
  • Apr 19, 2010 8:39am Apr 19, 2010 8:39am
Quoting bolek
I am bullish M5.
TP 1.3480
What about the 30 sec timeframe?

m
  • #227,811
  • Apr 19, 2010 8:41am Apr 19, 2010 8:41am
According to this we go up close to 3469 but not quite, in 5 hours there's a massive sudden drop back to .3417 (could be a phantom candle) and then in another 5 hours we at .3469 and then it falls off a cliff down to .3355.
Founder of Sutherland Wave Principle
  • #227,812
  • Apr 19, 2010 8:41am Apr 19, 2010 8:41am
Quoting MackS10
Well Done, we are currently looking at a key support area from previous weekly lows.


out of e/$ @ 1.3445...total pips +50 pretty much done for the dayhttp://cdn.forexfactory.com/images/icons/icon10.gif



mm
He who hesitates is hesitant....which always leads to bad entries.
  • #227,813
  • Apr 19, 2010 8:45am Apr 19, 2010 8:45am
It is also Considerable.....



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Attached Image (click to enlarge)
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  • #227,814
  • Apr 19, 2010 8:46am Apr 19, 2010 8:46am
Quoting acumen
it's a suckers game... don't care how lucky he got.

m

is it Mike? I forget......I don't trade on luck....unless there are some indicators for that... Ha! Strictly technicals sir......

mm


p.s. remember I'm a trader not a broker....I thought we were all in this together....but, good luck to you as well.
He who hesitates is hesitant....which always leads to bad entries.
  • #227,815
  • Apr 19, 2010 8:46am Apr 19, 2010 8:46am
stoped at BE... I would like to short again too, but don`t like 4H candle too much bullish.... think we will go higher to 3478 area... for me no longs... will wait...



Quoting Trading Cat
c'mon 6 more pips up and I am back short 52 I have my pendings
  • #227,816
  • Apr 19, 2010 8:48am Apr 19, 2010 8:48am
Quoting suthmo
I got a IBFX live and they keep allowing / dis allowing hedging, they need to make up their fking mind.
Yeah, thanks guys, I found http://www.atcbrokers.com

Us Based Hedging allowed ECN/MT4 No dealing desk, Low spreads,
great

reviews:

http://www.forexpeacearmy.com/public...atcbrokers.com

Just request a Demo and will go from there.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #227,817
  • Apr 19, 2010 8:50am Apr 19, 2010 8:50am
Still holding a short....no longs for me until 1.3480
I have no ideas where is the bottom nor the top....better wait for a real up move before going long

As long as it keeps making lower low it's fine with shorts
COT: The precious data ignored
  • #227,818
  • Apr 19, 2010 8:56am Apr 19, 2010 8:56am
Obama's coming to NY with reform for wall street.....maybe when he's done he can come visit me....my gas grill seems to be on the fritz.......damn propane people! we need propane reform now....maybe Hank Hillhttp://cdn.forexfactory.com/images/icons/icon10.gif....this guy kills me...




mm


p.s. good luck to all....(but only those who trade after 10am) well o.k. maybe the suckers too!!!
He who hesitates is hesitant....which always leads to bad entries.
  • #227,819
  • Apr 19, 2010 8:56am Apr 19, 2010 8:56am
Quoting manojsai

first short target 3481
second short target 3433
pull back and long at 3393
time for a nice bounce............
  • #227,820
  • Apr 19, 2010 8:59am Apr 19, 2010 8:59am
got my short entry 3452 for 3400 or 3380 next one will be at 3518 hede will start when above 3570.
Trade on your own risk Plan your trade&trade your plan dont be a
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