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  • #258,841
  • Jun 16, 2010 8:21am Jun 16, 2010 8:21am
A small dip on the one minute chart means a bite for another lot long at 1.2293
  • #258,842
  • Jun 16, 2010 8:23am Jun 16, 2010 8:23am
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  • #258,843
  • Jun 16, 2010 8:25am Jun 16, 2010 8:25am
good morning everybody. for those in the US or who are just getting up.
  • #258,844
  • Jun 16, 2010 8:32am Jun 16, 2010 8:32am
i was long but exited on a believe that a retrace is going to happen and let it ride without me... what a shame...

funny today i made money on demo 100pips lol but in real the opposite -40pips... life is cruel
  • #258,845
  • Jun 16, 2010 8:32am Jun 16, 2010 8:32am
Quoting Vladimir1987
i was long but exited on a believe that a retrace is going to happen and let it ride without me... what a shame...

funny today i made money on demo 100pips lol but in real the opposite -40pips... life is cruel
here it is lets see
  • #258,846
  • Jun 16, 2010 8:42am Jun 16, 2010 8:42am
Quoting sed34
good morning everybody. for those in the US or who are just getting up.
Hard day trading , it was good for you
A little beginner trader since 2006
  • #258,847
  • Jun 16, 2010 8:45am Jun 16, 2010 8:45am
Short @ 1.2305
SL @ 1.2320

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Don't be a hero. Don't have an ego. Always question yourself
  • #258,848
  • Jun 16, 2010 8:45am Jun 16, 2010 8:45am
Quoting Naseri13
Hard day trading , it was good for you
during Asia I had a scalp that lasted throughout the session. It finally made tp. So far so good. While I was asleep prices double bottomed on the pivot.


I think we go higher now. My indicators are all over the place so I'm out until they normalize. But my bias is up.
  • #258,849
  • Jun 16, 2010 8:46am Jun 16, 2010 8:46am
Prosac Yawns :- So I am short last night around 1.2322 TP at 1.2278 thinking Asia will take this puppy down, wake up this morning Asian does nothing its still ranging have a cup of coffee and think screw this I am wrong close the short for a few pips loss .

I then have a smoke and think where is this going I suddenly see the PA move up 3 pips and then think what a great buy opportunity 1.2329 ( At the Top AT THE Fri$%#ing Top again) so the market immediately goes down hill.

It appear as Spain are going bust the moment I pressed the buy Key.

I need a mistress to slap me around a bit and to knock me into shape , the problem is that they are pretty expensive and the short I missed last night would of paid for her.
  • #258,850
  • Jun 16, 2010 8:49am Jun 16, 2010 8:49am
Quoting Prosac_100Mg
I then have a smoke and think where is this going I suddenly see the PA move up 3 pips and then think what a great buy opportunity 1.2329 ( At the Top AT THE Fri$%#ing Top again) so the market immediately goes down hill.
Sh*t happens


And it's probably not the last time it will happen to you
Getting it right is NOT as important as not getting it wrong.
  • #258,851
  • Edited 9:04am Jun 16, 2010 8:50am | Edited 9:04am
Ooops! the market left us behind, I have since closed that trade and jumped in infront of the market. I have closed two buys with manageable profit. Recouping me earlie loses. Someone tell me is the market still going to go down or should I stick another buy?
Believe me at your own risk. I did not make you lose money.
  • #258,852
  • Jun 16, 2010 8:58am Jun 16, 2010 8:58am
This thread has been very helpful with my EU trading. Thank to all here.

Got up this morning on NY open. Saw it at bottom of channel. Was hoping for a downward big break. So I placed a bet on it. Didn't work out, out with -17 pips on that short. (Saw the bounce off the channel, so I just cut it short)

Back in long after the bounce off the channel. Now up up +17 pips. I hope the channel holds up.

Anyway all my indicators are pointing north on just about all the time frames.
  • #258,853
  • Jun 16, 2010 8:58am Jun 16, 2010 8:58am
Chances reveral price action or to take another breakout & am for the later yet. confusing . what others say ?
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #258,854
  • Jun 16, 2010 8:59am Jun 16, 2010 8:59am
Bears, is that it? #1122
  • #258,855
  • Jun 16, 2010 9:01am Jun 16, 2010 9:01am
Quoting fxswing
Sh*t happens


And it's probably not the last time it will happen to you
True so True the actual trading part of this profesion seem straight forward ,just go with the moves , dont try to get the tops or bottoms but the bit in the middle . ect ect ect the only thing i need to beat is myself
  • #258,856
  • Jun 16, 2010 9:03am Jun 16, 2010 9:03am
Quoting Prosac_100Mg
True so True the actual trading part of this profesion seem straight forward ,just go with the moves , dont try to get the tops or bottoms but the bit in the middle . ect ect ect the only thing i need to beat is myself
No need to beat yourself, just "control" yourself, markets will always be there for another opportunity. The only question is: will you be still there as a market participant ?

Getting it right is NOT as important as not getting it wrong.
  • #258,857
  • Jun 16, 2010 9:04am Jun 16, 2010 9:04am
Quoting TheLastCoke
Bears, is that it? #1122
Feel the same way. Wanted more bear. But if trendline shapes stays in tact for now got to look up.
  • #258,858
  • Jun 16, 2010 9:04am Jun 16, 2010 9:04am
i think this is going to go to the 350 again... whats ur opinion???
  • #258,859
  • Jun 16, 2010 9:04am Jun 16, 2010 9:04am
Last few days i have been successfully trading by two trendlines on the graph. It also says that we are nearing to the breakout up or down, so be careful and/or dont miss the oportunity to get some pips (-;

http://www.gloomy.eu/fx/images/eur_usd_2010_06_16.png
  • #258,860
  • Jun 16, 2010 9:08am Jun 16, 2010 9:08am
Price finally touched 1.2250 and reversed, as anticipated (sorry I closed my short earlier). Now price should use 1.23 as a launching off point with 1.2350 as the next level.
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