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  • #272,721
  • Jul 18, 2010 8:49pm Jul 18, 2010 8:49pm
I love trading these little triangles. You would be surprised how many pips you can get martingaling and scaling in. If this its 1.2885 I will pick up 60 pips here. Moving stop to BE
  • #272,722
  • Jul 18, 2010 8:51pm Jul 18, 2010 8:51pm
Quoting mfoste1
waiting to see if 2888 finds support....
Welcome to me, about an hour ago hehe.
  • #272,723
  • Jul 18, 2010 8:51pm Jul 18, 2010 8:51pm
Quoting mfoste1
waiting to see if 2888 finds support....
i got a tl around 82 and s1 to open the gates.
those who can, do. those who cant, talk about those who can
  • #272,724
  • Jul 18, 2010 8:53pm Jul 18, 2010 8:53pm
Picking up a little volume it would appear
  • #272,725
  • Jul 18, 2010 9:07pm Jul 18, 2010 9:07pm
Quoting Venice
Picking up a little volume it would appear
Or not... lol. Think I am going to close this out since the intention was scalping and not play anymore tonight... not very much action. Have a good one all...
  • #272,726
  • Jul 18, 2010 9:21pm Jul 18, 2010 9:21pm
A little bounce expected because Strong positive MACD almost neutral.
Or double top could possible.
Attached Image (click to enlarge)
Click to Enlarge Name: aa.gif Size: 18 KB
You cannot learn better without losing
  • #272,727
  • Jul 18, 2010 9:21pm Jul 18, 2010 9:21pm
Hi guys,

The hourly chart is sweet...all i see is lower highs...on increasing vol
But the last hourly candle ain't good for short, so if this hour closes is the red it'll be the confirmation bears are alive & then i'll short for a 1,2750 tp

Otherwise i'll wait for this one to close, then an ultimate bounce of 1,2900 for a 1,3050 tp

Wait & see
COT: The precious data ignored
  • #272,728
  • Jul 18, 2010 9:38pm Jul 18, 2010 9:38pm
Took a small gamble long at 1.2896 looking for around 1.2920
To actually get into a little bigger position I'd love to see this get up between 1.3030 and 1.3050 or so the next couple days and get a lot of people sucked in into taking a long position and then bring it back down to a better support at 1.2775 or....lower. I like the idea of coming back to the 50% fib at around 1.2580 someone on here was talking about a day or 2 ago.
Anything is possible here tho.
  • #272,729
  • Jul 18, 2010 9:39pm Jul 18, 2010 9:39pm
Quoting kuroro001
Hi guys,

The hourly chart is sweet...all i see is lower highs...on increasing vol
But the last hourly candle ain't good for short, so if this hour closes is the red it'll be the confirmation bears are alive & then i'll short for a 1,2750 tp

Otherwise i'll wait for this one to close, then an ultimate bounce of 1,2900 for a 1,3050 tp

Wait & see

waiting for a bullrun towards 1.38xx here...
Sl 0.1 so I am pretty sure hahahaaaa... Just kidding

Anyways... as you said waiting is probably a good place to be now... until;

Inserted Video
  • #272,730
  • Jul 18, 2010 9:39pm Jul 18, 2010 9:39pm
Aahhh.. sorry for posting it in here.. I am not allowed to open a thread yet.

Is anyone in here based in Lebanon? I just received the news that I have to move to Beirut and guess what... it looks like their internet speed sucks! Meta4 and anything else will go down the drain.. Nobody can trade FOREX with a slow internet connection.

I kindly ask anyone from this country if you can provide me names of Broadband providers in Lebanon which are at least moderately fast.

Thanks!
  • #272,731
  • Jul 18, 2010 9:44pm Jul 18, 2010 9:44pm
Quoting Larseg
waiting for a bullrun towards 1.38xx here...
Sl 0.1 so I am pretty sure hahahaaaa... Just kidding

Anyways... as you said waiting is probably a good place to be now... until;

http://www.youtube.com/watch?v=gGf82oCyLEo
much, much better song larseg
  • #272,732
  • Jul 18, 2010 9:52pm Jul 18, 2010 9:52pm
Quoting mfoste1
much, much better song larseg

Thank you I am trying
  • #272,733
  • Jul 18, 2010 9:58pm Jul 18, 2010 9:58pm
G'day folks!

How was ze weekend?
Not all sins are created equal
  • #272,734
  • Jul 18, 2010 10:03pm Jul 18, 2010 10:03pm
good Jay, very good.

on the flipside.
300 traded & target reached....

cashed out the last of my longs after sitting on an 800 pip ride...

im sending a thank you card to Trichet
  • #272,735
  • Jul 18, 2010 10:10pm Jul 18, 2010 10:10pm
Quoting jest1081
good Jay, very good.

on the flipside.
300 traded & target reached....

cashed out the last of my longs after sitting on an 800 pip ride...

im sending a thank you card to Trichet
Congrats...probably a good time to cash out. Bulls look tired
  • #272,736
  • Jul 18, 2010 10:11pm Jul 18, 2010 10:11pm
Quoting jest1081
good Jay, very good.

on the flipside.
300 traded & target reached....

cashed out the last of my longs after sitting on an 800 pip ride...

im sending a thank you card to Trichet
Awesome! Congrats mate!
Not all sins are created equal
  • #272,737
  • Jul 18, 2010 10:16pm Jul 18, 2010 10:16pm
I am liking the Double Top Idea because the 1 hr UTL has held and there is a reversal pattern in the form of a funky looking Morning Star, but it does qualify as a Morning Sta.

Quoting forexings
A little bounce expected because Strong positive MACD almost neutral.
Or double top could possible.
  • #272,738
  • Jul 18, 2010 10:20pm Jul 18, 2010 10:20pm
Morning Star off 1 Hr UTL. BUT, I Do not like the price action here guys.

Quoting Nene
I am liking the Double Top Idea because the 1 hr UTL has held and there is a reversal pattern in the form of a funky looking Morning Star, but it does qualify as a Morning Sta.
Attached Image (click to enlarge)
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  • #272,739
  • Jul 18, 2010 10:22pm Jul 18, 2010 10:22pm
I am going to chance a long to 2990 here with a 25 pip stoploss. I lost a moderate short earlier so I am gun shy and I do not like starting a week off with a loss, but it happens.
  • #272,740
  • Jul 18, 2010 10:44pm Jul 18, 2010 10:44pm
Quoting Nene
I am going to chance a long to 2990 here with a 25 pip stoploss. I lost a moderate short earlier so I am gun shy and I do not like starting a week off with a loss, but it happens.
no-no to revenge trading mate! bit risky to jump in here with the lower-low and the way it's hanging around the 1.2900 mark.
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