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  • #264,661
  • Jun 29, 2010 9:20am Jun 29, 2010 9:20am
Quoting rajesh68
Thanks, shall try this and revert back.

How to know the range channels???
  • #264,662
  • Jun 29, 2010 9:21am Jun 29, 2010 9:21am
I see the next support @ 1.21376, and then 1.2089 and then 1.2037 and then 1.1965
Make your losses in demo. Earn your profits live.
  • #264,663
  • Jun 29, 2010 9:23am Jun 29, 2010 9:23am
Both EurUsd and GbpUsd needs to clear their 50 mark before continued shorting (1.2150 & 1.5050)
  • #264,664
  • Jun 29, 2010 9:24am Jun 29, 2010 9:24am
updated chart h1: http://twitpic.com/20zibu

longer term: http://twitpic.com/20ziup
  • #264,665
  • Jun 29, 2010 9:24am Jun 29, 2010 9:24am
Quoting gatorinla
yep,, i had closed gu... but had another entry at pp.. that alarm got me..
same here, i didn't get in again though unfortunately. congrats on that one man. au is still working grrrreat
  • #264,666
  • Jun 29, 2010 9:25am Jun 29, 2010 9:25am
bounce soon according to math and chart. i dont know how high. but it will be a bull trap. so be carefull. the high of bounce is a good short entry.
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those who can, do. those who cant, talk about those who can
  • #264,667
  • Jun 29, 2010 9:25am Jun 29, 2010 9:25am
ej is in titanic mode right now.....always the same: when i think to short eu i'd better shorting eu yen!
  • #264,668
  • Jun 29, 2010 9:26am Jun 29, 2010 9:26am
Quoting rajesh68
How to know the range channels???
Draw a horizontal across the top and bottom at the common candle points and you have a range.

Place an entry order too close to the top and bottom, and you could be holding for a while.

Some breakout strategies utilize that same method, but .... crawl, walk, and then run.
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  • #264,669
  • Jun 29, 2010 9:26am Jun 29, 2010 9:26am
Quoting SunTrader
If it is hidden in there, it is deeper than the Deepwater Horizon II can reach it.


Geez sun... it's been awhile since you made me blow coffee out my nose..


Like old times...
FUBAR...
  • #264,670
  • Jun 29, 2010 9:27am Jun 29, 2010 9:27am
Quoting rajesh68
How to know the range channels???
Use pivots mpivots and qpivots. Read ak4x explanation of pivots. Its very good IMHO

I also use ATR calculated with an average of 7 days
  • #264,671
  • Jun 29, 2010 9:27am Jun 29, 2010 9:27am
The Yen is kicking butt
  • #264,672
  • Jun 29, 2010 9:28am Jun 29, 2010 9:28am
Quoting EasyTrader
The Yen is kicking butt
hope eu will follow soon...
  • #264,673
  • Jun 29, 2010 9:29am Jun 29, 2010 9:29am
Quoting gatorinla
bounce soon according to math and chart. i dont know how high. but it will be a bull trap. so be carefull. the high of bounce is a good short entry.
i think istead of a bounce on EUR.
it will turn out to be a huge panic day world wide
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #264,674
  • Jun 29, 2010 9:29am Jun 29, 2010 9:29am
Quoting gatorinla
bounce soon according to math and chart. i dont know how high. but it will be a bull trap. so be carefull. the high of bounce is a good short entry.
and then we should be pretty much assured 87.42?? it's a red and yellow on that one so should be a little more magnetic no? in lines up with one of those blue tl's too..
  • #264,675
  • Jun 29, 2010 9:30am Jun 29, 2010 9:30am
Quoting grandpost
Post your method and the trade you made.....If you want a new method and new educational material I would be glad to help......

...I would tell you my recommendation (which I don't think anyone should follow but me) just as a savior until you hit the BOOKS....
You gonna include a secret decoder ring with the Help?
FUBAR...
  • #264,676
  • Jun 29, 2010 9:33am Jun 29, 2010 9:33am
Quoting clambill
... like an incompetent hobo who never read a book.
There's books on this stuff?
FUBAR...
  • #264,677
  • Jun 29, 2010 9:33am Jun 29, 2010 9:33am
Quoting gatorinla
looking to break for a new low about 1731/1699 .. depending on 2168/85 area.
2168/71 is a long way from here. so it would take a couple of days. we got 2 days left in the month/quarters end. plus adp nfp... hang on.
no direction is certain. dont be impressed with bb erection.
got here quicker then thought. good luck..
those who can, do. those who cant, talk about those who can
  • #264,678
  • Jun 29, 2010 9:33am Jun 29, 2010 9:33am
I go long EURUSD with TP 12550. The data and all Americans are bad news for USA. I expect a rise of the euro
  • #264,679
  • Jun 29, 2010 9:34am Jun 29, 2010 9:34am
Quoting ak4x


Geez sun... it's been awhile since you made me blow coffee out my nose..


Like old times...

We have similar sarcastic humor when it comes to some of "calls" totally f'ng opposite of what the market is presently doing.

  • #264,680
  • Jun 29, 2010 9:35am Jun 29, 2010 9:35am
Quoting uraceulose
and then we should be pretty much assured 87.42?? it's a red and yellow on that one so should be a little more magnetic no? in lines up with one of those blue tl's too..
hey urace, are gators lines an indicator or does he have some other way of figuring them out? They work very nicely I see.

Congrats on the AU trade. I was charting it perfectly, and last night I was +40 pips, so I closed and set a limit sell near .8720 - and it wasn't taken. I'm kicking myself now, and I've already overtraded and lost twice today because of it. Son of a B@#$!, I need to sit on my damn hands, and wait for it to get back to the TL so I can short again (funny thing is, is that I know I should wait, and I tell myself to WAIT but my finger gets the shakes and opens up my terminal and executes trades that shouldn't be executed..problem I've been fighting for a long time now)
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