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  • #2,021
  • May 28, 2010 4:38am May 28, 2010 4:38am
Quoting neutro
I got out at 1.4566, sorry.

If EU doesn't get past 1.245 with enough momentum, we're in a world of hurt long term because it will complete a continuation H&S.

Disregard the last 2 arrows from the right, I should have moved them a little to the left, where price is now. You get the point anyways
You are correct, but please do not tell me E/U is tanking again !!. Think positive.
  • #2,022
  • May 28, 2010 4:41am May 28, 2010 4:41am
Quoting ogeid
Thanks Sq,
I am trying to learn from LJ and this thread is a good help. He is the guy that moves fast. He is on vacation but I bet he is going to launch at least 10 trades today
HAHA...no trades today. On vacation from Wednesday next week but busy doing other things today. About to pop out for a few hours...damn EU...its hits my touch trade short area when I'm not trading...
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  • #2,023
  • May 28, 2010 4:48am May 28, 2010 4:48am
Quoting lovejoy80
. About to pop out for a few hours...damn EU...its hits my touch trade short area when I'm not trading...
Good you were busy, 1 order less to push it down
  • #2,024
  • May 28, 2010 5:02am May 28, 2010 5:02am
Quoting ogeid
You are correct, but please do not tell me E/U is tanking again !!. Think positive.
I did think positive for the last 2 weeks, look what happened. I managed to keep it afloat. Now you take over and drive it to 1.3 so we can hit 1 or 0.8 some time in the future.

But I'm cheering GU now. With you again from 1.4579. Stop at 35
  • #2,025
  • May 28, 2010 5:22am May 28, 2010 5:22am
Quoting neutro

But I'm cheering GU now. With you again from 1.4579. Stop at 35
Cool, FTSE is looking good and that should help. EU retested H4 TL and ... may be !

Only worry US traders to start their working day.

Going for a run. See je lt.
  • #2,026
  • May 28, 2010 6:37am May 28, 2010 6:37am
Hmmmm! Lj is on vacation..... Cool
hmmmm! Ogeid went jogging
hmmmm! I was on the road, just got home...posting from mobile
neutro wat ru up to?
Seems everybody is busy today
anyways no trade today so far as pa my rules so havnt missed much
think I'll take a nap or something
peace guys
ps since I'm on mobile device,can't reply to multi posts,wanted to say to neutro ,I think it'll help if u had rules down for wat u wld do when u r in a trade wrt moving sl etc
I have diff scenarios played out in my head for each trade that way I'm not surprised wat happens next,there can't be more than 3 or so options after a trade has triggered,
anyways maybe later I'll give u hints on how I manage my own trades, might help, might not....... Who knows
cheers
sorry,didn't proof read this for typos etc
Simplicity is the key to success
  • #2,027
  • May 28, 2010 6:57am May 28, 2010 6:57am
Uhmm ! Oil seems to hold the current level. If it breaks above 76 ish I will be long again. But it think it will be next week.
  • #2,028
  • May 28, 2010 6:59am May 28, 2010 6:59am
Quoting squeezy
Hmmmm! Lj is on vacation..... Cool
hmmmm! Ogeid went jogging
hmmmm! I was on the road, just got home...posting from mobile
neutro wat ru up to?
Seems everybody is busy today
Nice post Sq.
  • #2,029
  • May 28, 2010 7:30am May 28, 2010 7:30am
Good thing I got out at BE+1, bad thing I entered another trade at 1.4610 (exact maximum to the pip ) but got out at 1.4571. Up +0.5% for the day, but I think that's about all for today.
  • #2,030
  • May 28, 2010 7:55am May 28, 2010 7:55am
Quoting neutro
Good thing I got out at BE+1, bad thing I entered another trade at 1.4610 (exact maximum to the pip ) but got out at 1.4571. Up +0.5% for the day, but I think that's about all for today.
I am still hanging in there but not for long. Moved SL to BE +.

I also have enough for the day. Gonna watch the Italian cycling Giro. Nice lap today.
  • #2,031
  • May 28, 2010 10:17am May 28, 2010 10:17am
Damn...just got back to see YM dropping EU and oil dropping just like I said earlier today...they really were no brainer setups there on oil, YM and EU by my setup standards.

If I were trading today I would have taken those 3 trades and EA + GA shorts and shut my computer down and walked away. Maybe I shouod have jsut done that anyway set SL and TP and walked away...hmmmm
  • #2,032
  • May 28, 2010 11:25am May 28, 2010 11:25am
Quoting lovejoy80
Damn...just got back to see YM dropping EU and oil dropping just like I said earlier today...they really were no brainer setups there on oil, YM and EU by my setup standards.

If I were trading today I would have taken those 3 trades and EA + GA shorts and shut my computer down and walked away. Maybe I shouod have jsut done that anyway set SL and TP and walked away...hmmmm
I really should have put these trade on below...been waiting for EU in particualr to reach this area all week and setting touch trades with fixed SL and TP would have worked out well...I would have set them and walked away in anycase had I been trading so should have just done that. Sometimes some of the best trades are the ones where you set SL and TP and walk away.
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  • #2,033
  • May 28, 2010 11:37am May 28, 2010 11:37am
have a lovely weekend guys, i believe trading week is over for us(well, atleast its over for me)
cheers & get some proper rest guys
Simplicity is the key to success
  • #2,034
  • May 31, 2010 3:40am May 31, 2010 3:40am
Anybody out there ?

It is a very slow day so far. GBP and NZD are the strongest currencies at the moment. Just monitor them in case of a breakout opportunity.

With UK and US bank holiday I do not foresee any particular move in the afternoon. Basically a boring day !!
  • #2,035
  • May 31, 2010 4:09am May 31, 2010 4:09am
Quoting ogeid
Anybody out there ?

It is a very slow day so far. GBP and NZD are the strongest currencies at the moment. Just monitor them in case of a breakout opportunity.

With UK and US bank holiday I do not foresee any particular move in the afternoon. Basically a boring day !!
I'm here, catching up on some reading since I had the whole weekend off my books and computer.

Not trading today, market is like watching paint dry.
  • #2,036
  • May 31, 2010 4:31am May 31, 2010 4:31am
Mormning all, just thought I'd pop in and say hi.

not trading today as it's a bank holiday in UK (and US) so out and about for most of the day.

Haven't even opened my charts since Friday. I dount there will be many decent moves today due to the bank holiday's.

I'll be back much later after I've been through my daily and weekly charts to post anything I see of interest.
  • #2,037
  • May 31, 2010 5:25am May 31, 2010 5:25am
Morning guys, also here
been reading roaso over the weekend , and I must say it's definaley a must read IMHO
didn't know when I got to chapter 8 and I'm not the biggest reader,
anyways catch u guys later as today is pretty slow
cheers guys
Simplicity is the key to success
  • #2,038
  • May 31, 2010 10:07am May 31, 2010 10:07am
The only good point, I found today.

U/C (not on FxPro) there is a nice size PB forming (55 mins to go) on H4.
Will see how it closes, 1.05 good RN and Oil is weak at the moment.
  • #2,039
  • May 31, 2010 10:12am May 31, 2010 10:12am
Quoting ogeid
The only good point, I found today.

U/C (not on FxPro) there is a nice size PB forming (55 mins to go) on H4.
Will see how it closes, 1.05 good RN and Oil is weak at the moment.
There was another good opportunity today (on the pairs I'm watching), but being a no-trade-day I didn't get into it.

BEOB that turned into a DBL (or T(wo)BL) that played out very nice.
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  • #2,040
  • May 31, 2010 10:38am May 31, 2010 10:38am
Quoting neutro
There was another good opportunity today (on the pairs I'm watching), but being a no-trade-day I didn't get into it.

BEOB that turned into a DBL (or T(wo)BL) that played out very nice.
Agree. GBP was quite strong today. E/G was a 35 pips trade (I ll take them !!) but now it is at daily TA. I would like to break below 0.845
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