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  • #295,541
  • Sep 23, 2010 8:26am Sep 23, 2010 8:26am
Quoting T@rantula
i was scalping m5 and m5 closed @ 3360, i am out of trade atm as I dont see any strict intraday trend...sideways for me, thou USDCHF made 45 pips profit today
Hi T@rantula
please do you have any book on scalping? i need one, if you do kindly forward to me.

Regards
  • #295,542
  • Sep 23, 2010 8:26am Sep 23, 2010 8:26am
gonna set up shop for the news /Gl
  • #295,543
  • Sep 23, 2010 8:27am Sep 23, 2010 8:27am
15m support is now at 3352.. if break then 3335 and 3318 again.. i m still waiting that it go towards 3391 then to short it again from there..
  • #295,544
  • Sep 23, 2010 8:32am Sep 23, 2010 8:32am
I view the current situation as result of Risk Appetite backed by FOMC.

IMO there is greater appetite for EUR/USD since FOMC statement for more willingness to act if US economic picture is bad. So since US Unemployment claims is pretty bad this week therefore Fed action is almost guaranteed. Last July there was very bad US Unemployment numbers but Fed was hesitant to act and EUR/USD went short very soon.
  • #295,545
  • Sep 23, 2010 8:36am Sep 23, 2010 8:36am
Wow what is going on with the USD strength all of a sudden? Or is it EUR weakness?
Today's zone = Tomorrow's opportunity!
  • #295,546
  • Sep 23, 2010 8:38am Sep 23, 2010 8:38am
Quoting pres78
Wow what is going on with the USD strength all of a sudden? Or is it EUR weakness?
Yeah, I went upstairs for a few mins and look what I missed ...
  • #295,547
  • Sep 23, 2010 8:40am Sep 23, 2010 8:40am
US home sales news released in 20 mins so maybe too close to enter anything just now
  • #295,548
  • Sep 23, 2010 8:40am Sep 23, 2010 8:40am
Quoting pres78
Wow what is going on with the USD strength all of a sudden? Or is it EUR weakness?
Quoting T@rantula
i was scalping m5 and m5 closed @ 3360, i am out of trade atm as I dont see any strict intraday trend...sideways for me,

This is the best advice I can give to a non scalping newbie traders, if u dont listen to me ur account will be whipsawn
  • #295,549
  • Sep 23, 2010 8:41am Sep 23, 2010 8:41am
oh, that was an expensive fag... ate my sl. +5, but wtf... it should move up first, then collapse.
  • #295,550
  • Sep 23, 2010 8:41am Sep 23, 2010 8:41am
Quoting pres78
Wow what is going on with the USD strength all of a sudden? Or is it EUR weakness?
spike down shows the uptrend of euro i guess?
  • #295,551
  • Sep 23, 2010 8:43am Sep 23, 2010 8:43am
Quoting Mr Hatch
oh, that was an expensive fag... ate my sl. +5, but wtf... it should move up first, then collapse.
Smoking not only kills, but also wipes out your account. Great slogan to put on cigarette boxes! Sorry to hear about the incident though.
  • #295,552
  • Sep 23, 2010 8:43am Sep 23, 2010 8:43am
i had my long tp at 1.3380, on the platform it hit 1.33799

like wtf?

got stop out for
  • #295,553
  • Sep 23, 2010 8:43am Sep 23, 2010 8:43am
Quoting T@rantula
This is the best advice I can give to a non scalping newbie traders, if u dont listen to me ur account will be whipsawn
Luckily I was already out and was simply curious what others were shooting for. I was just wondering what if anything drove this spike down.
Today's zone = Tomorrow's opportunity!
  • #295,554
  • Sep 23, 2010 8:44am Sep 23, 2010 8:44am
ouch !!

Quoting Pipabix
i had my long tp at 1.3380, on the platform it hit 1.33799

like wtf?

got stop out for
  • #295,555
  • Sep 23, 2010 8:44am Sep 23, 2010 8:44am
Portugal .................... statement and technical on 15mtf........

games are over till the news from US........
  • #295,556
  • Sep 23, 2010 8:45am Sep 23, 2010 8:45am
Quoting pres78
Luckily I was already out and was simply curious what others were shooting for. I was just wondering what if anything drove this spike down.
I wont trade EU anymore today...what I lost with EU session on EURUSD pair I have compensated with USDCHF trade reaching the target in a single pip, and m5 EU scalping thou it was hard i must admit
  • #295,557
  • Sep 23, 2010 8:50am Sep 23, 2010 8:50am
Quoting T@rantula
I wont trade EU anymore today...what I lost with EU session on EURUSD pair I have compensated with USDCHF trade reaching the target in a single pip, and m5 EU scalping thou it was hard i must admit
Yeah it's funny the USD grew strength suddenly against some and died against others... Gotta love Forex.
Today's zone = Tomorrow's opportunity!
  • #295,558
  • Sep 23, 2010 8:50am Sep 23, 2010 8:50am
Hi All

My 2 cents worth the breakout didnt work because on STF both CCI and Stochs were both in OB BEFORE the break.

V
  • #295,559
  • Sep 23, 2010 8:52am Sep 23, 2010 8:52am
hourly close below 3024.. then it can be dangerous for longs..
  • #295,560
  • Sep 23, 2010 8:53am Sep 23, 2010 8:53am
i got mixed signals.. depending on platform...bulls 34599 bears way out to 31759...

and on another platform bulls want 4321

at least we should have a db at 3306.. is my thinking
those who can, do. those who cant, talk about those who can
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