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  • #1,461
  • Jun 8, 2010 1:59pm Jun 8, 2010 1:59pm
I'm long EJ 108.85 s/l -60 (below intraday lows)

downside seems to be limited intraday..

CMS took 25 seconds to fill my order this time.. getting better but still awful.

I'm also long EUR/CHF again 1.376 with a t/p at 1.389 s/l 1.363 .. if the SNB don't step in at 1.375 it will probably be 1.37 or 1.365
  • #1,462
  • Jun 8, 2010 2:01pm Jun 8, 2010 2:01pm
Quoting Pippy5000
I'm long EJ 108.85 s/l -60 (below intraday lows)

downside seems to be limited intraday..

CMS took 25 seconds to fill my order this time.. getting better but still awful.

I'm also long EUR/CHF again 1.376 with a t/p at 1.389 s/l 1.363 .. if the SNB don't step in at 1.375 it will probably be 1.37 or 1.365
I like ej setup...but i will wait till US session closed and wait for confirmation on breakout as well...I already longed cadjpy and chfjpy
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  • #1,463
  • Jun 8, 2010 2:02pm Jun 8, 2010 2:02pm
long EU 1.192 s/l - 65 as well
  • #1,464
  • Jun 8, 2010 2:36pm Jun 8, 2010 2:36pm
there goes another perplexing pop in equities.. this time I'm on the right side of it, yet somehow it still annoys me..
  • #1,465
  • Jun 8, 2010 3:32pm Jun 8, 2010 3:32pm
1.21 created no buy interest whilst a descending tri was being formed. So unless DX is ready to retrace I say when & if EUR/USD climbs to 1.21 zone it will get smacked pretty hard sending the pair toward 1.163 zone. Makes sense to me.
Prices oscillate, trends persist. Trend is your friend.
  • #1,466
  • Jun 8, 2010 4:15pm Jun 8, 2010 4:15pm
covering all 3 trades for 151 pips!

BOOM
  • #1,467
  • Jun 8, 2010 4:24pm Jun 8, 2010 4:24pm
Quote
when & if EUR/USD climbs to 1.21 zone

I'll be a seller up there for sure.. there's zero fundamental reason to be bullish on Euro... Any pop is a t/p correction and an opportunity to get short. The only thing Euro has going for it is the fact that the down move was too much too soon.. If you look at the location of the DMAs in EU and EJ they are spaced very far apart..
  • #1,468
  • Jun 8, 2010 5:12pm Jun 8, 2010 5:12pm
back in EJ 109.4 s/l -20
  • #1,469
  • Jun 8, 2010 5:49pm Jun 8, 2010 5:49pm
Hey, you know when you see those trading videos when someone is talking with a chart on the screen? What's the software used to make those videos?
  • #1,470
  • Jun 8, 2010 6:02pm Jun 8, 2010 6:02pm
Screencast?
Prices oscillate, trends persist. Trend is your friend.
  • #1,471
  • Jun 8, 2010 7:17pm Jun 8, 2010 7:17pm
well, I'm extremely happy I banked all of my trades and not so happy that I got back into EJ

stopped -20 at 109.2 .. back in long 108.95 s/l -30 .. that will be the end of it if stopped
  • #1,472
  • Jun 8, 2010 8:20pm Jun 8, 2010 8:20pm
Quoting jsspmk
Screencast?
camtasia
Prices oscillate, trends persist. Trend is your friend.
  • #1,473
  • Jun 8, 2010 8:20pm Jun 8, 2010 8:20pm
got that 20 back on EJ .. done for the night.............................maybe
  • #1,474
  • Jun 8, 2010 8:43pm Jun 8, 2010 8:43pm
thanks JS, I wanted to make a video showing traders new and seasoned alike how to day trade 4hr, daily, weekly and monthly TLs across the 30 major and minor pairs (although some of them are unsuitable) in a fashion that uses the human brain rather than cookie-cutter EA type nonsense to exclude trades which probably wouldn't work.. Most trading videos (and books) are generic, unhelpful wastes of time and are filled with trading theory rather than real-world, helpful trading advice.
  • #1,475
  • Jun 8, 2010 9:50pm Jun 8, 2010 9:50pm
Quoting Pippy5000
thanks JS, I wanted to make a video showing traders new and seasoned alike how to day trade 4hr, daily, weekly and monthly TLs across the 30 major and minor pairs (although some of them are unsuitable) in a fashion that uses the human brain rather than cookie-cutter EA type nonsense to exclude trades which probably wouldn't work.. Most trading videos (and books) are generic, unhelpful wastes of time and are filled with trading theory rather than real-world, helpful trading advice.
Sounds great pippy look forward to seeing it....man this market is tricky at the moment in fact it is more like crap...3 trades this am for 20 pips on G/J !!!
  • #1,476
  • Jun 8, 2010 9:55pm Jun 8, 2010 9:55pm
yep.. that's why I covered my three trades and half-heartedly entered into EJ again.. I was sitting on three good ones thinking, "Man, this US equity rally should continue." .. Oh, but then I remembered last night, when after a painful Us equity tank, the Japs rallied hard!

exact opposite tonight.. grab your pips when you can
  • #1,477
  • Jun 8, 2010 11:51pm Jun 8, 2010 11:51pm
Eur BO soon
Prices oscillate, trends persist. Trend is your friend.
  • #1,478
  • Jun 9, 2010 9:36am Jun 9, 2010 9:36am
I'm short EU 1.204 s/l 1.211 .. I'll keep two lots in reserve to short other pairs if it gets underwater
  • #1,479
  • Jun 9, 2010 10:23am Jun 9, 2010 10:23am
long UC 1.037 s/l 1.031

huge amount of support below spot
  • #1,480
  • Jun 9, 2010 12:41pm Jun 9, 2010 12:41pm
banking 35 on EU and letting UC ride..
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