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EURUSD

  • #250,441
  • May 31, 2010 7:50pm May 31, 2010 7:50pm
Going long on the EURUSD at 1.2200
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  • #250,442
  • May 31, 2010 7:53pm May 31, 2010 7:53pm
Quoting DisciplineFX
Going long on the EURUSD at 1.2200

So now you are going Short ?

Tks
  • #250,443
  • May 31, 2010 7:58pm May 31, 2010 7:58pm
Quoting DisciplineFX
Going long on the EURUSD at 1.2200
As long as a piece of string?
  • #250,444
  • May 31, 2010 7:58pm May 31, 2010 7:58pm
Quoting DisciplineFX
Going long on the EURUSD at 1.2200
Just where my TP is....
  • #250,445
  • May 31, 2010 8:05pm May 31, 2010 8:05pm
I have no open trades at this moment.
  • #250,446
  • May 31, 2010 8:08pm May 31, 2010 8:08pm
Opening a long position @ 1.2250

Reason: Buying last week value low, and playing a full rotation to last week value high (See this chart)

Stop: 30 pips

TP1: 1.2412
TP2: 1.2505
TP3: 1.2566


P.S: Expecting to see 1.2304 before or during the London session.
Getting it right is NOT as important as not getting it wrong.
  • #250,447
  • May 31, 2010 8:16pm May 31, 2010 8:16pm
Quoting fxswing
Opening a long position @ 1.2250

Reason: Buying last week value low, and playing a full rotation to last week value high (See this chart)

Stop: 30 pips

TP1: 1.2412
TP2: 1.2505
TP3: 1.2566


P.S: Expecting to see 1.2304 before or during the London session.
Stop Loss ?
  • #250,448
  • May 31, 2010 8:16pm May 31, 2010 8:16pm
i agree with you fxswing....
seems EU cannot pass 2249 now...
  • #250,449
  • May 31, 2010 8:17pm May 31, 2010 8:17pm
Quoting cagriguler
Stop Loss ?
It's in the trade parameters. Stops: 30 pips, so it's 1.2220
Getting it right is NOT as important as not getting it wrong.
  • #250,450
  • May 31, 2010 8:18pm May 31, 2010 8:18pm
Quoting fxswing
It's in the trade parameters. Stops: 30 pips, so it's 1.2220
Not too less your STOP LOSS ? because TP1 ,TP2 and TP3 Long Term Profit points ? Right ?
  • #250,451
  • May 31, 2010 8:21pm May 31, 2010 8:21pm
Quoting Jimz
i agree with you fxswing....
seems EU cannot pass 2249 now...
Market will tell if the trade is right or wrong... either way it's ok, as long as there is a plan and you that the risk is controlled...
Getting it right is NOT as important as not getting it wrong.
  • #250,452
  • May 31, 2010 8:21pm May 31, 2010 8:21pm
Bulls are back.. the party is over
  • #250,453
  • May 31, 2010 8:23pm May 31, 2010 8:23pm
Quoting Trad3r
Bulls are back.. the party is over

no just resetting for an other push down.
big boys have to get new shoes.. lol

teb
  • #250,454
  • May 31, 2010 8:24pm May 31, 2010 8:24pm
Quoting cagriguler
Not too less your STOP LOSS ? because TP1 ,TP2 and TP3 Long Term Profit points ? Right ?
I don't want to let the trade go out of control whatever the tp's are, so if the market can't find support around 1.2250, then I'm better out of the market and then have a short position for a ride below 1.2245...
Getting it right is NOT as important as not getting it wrong.
  • #250,455
  • May 31, 2010 8:24pm May 31, 2010 8:24pm
Quoting fxswing
Market will tell if the trade is right or wrong... either way it's ok, as long as there is a plan and you that the risk is controlled...
Ok I agree but 1.2230 What Resistance and What support ?

1.2190 and 1.2150 Support..

Do you understand me ?
  • #250,456
  • May 31, 2010 8:25pm May 31, 2010 8:25pm
Quoting TEB63
no just resetting for an other push down.
big boys have to get new shoes.. lol

teb
I hope you're right.
  • #250,457
  • May 31, 2010 8:26pm May 31, 2010 8:26pm
Quoting TEB63
no just resetting for an other push down.
big boys have to get new shoes.. lol

teb
Getting it right is NOT as important as not getting it wrong.
  • #250,458
  • May 31, 2010 8:28pm May 31, 2010 8:28pm
Quoting fxswing
I don't want to let the trade go out of control whatever the tp's are, so if the market can't find support around 1.2250, then I'm better out of the market and then have a short position for a ride below 1.2245...

very interesting....

bull below 1.2245

BEARS above 1.2320


.... and the winner is: xEAxs
Let us be green
  • #250,459
  • May 31, 2010 8:29pm May 31, 2010 8:29pm
Quoting Trad3r
I hope you're right.

just wait we see it reverse .. if not that is ok to

teb
  • #250,460
  • May 31, 2010 8:34pm May 31, 2010 8:34pm
71 will hold
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