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  • #304,761
  • Oct 12, 2010 5:43am Oct 12, 2010 5:43am
Seems to have been bouncing between levels @ 13816 & 13765 for some time. If she can break 13765 i think maybe next level should be around the 13670 mark or maybe not........ I'm usually wrong, but we will see..............
Trade the price action, not the cash!!!
  • #304,762
  • Oct 12, 2010 5:44am Oct 12, 2010 5:44am
Quoting Scullmeister
Hi there guys, new to this thread, just posting to subscribe. Seems like a pretty active thread, so looking forward to learning something. Not traded forex for a bit, been working on my own strategy, just getting back into the game now. I am short by the way from 13810.

Hi Scullmeister...welcome aboard
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  • #304,763
  • Oct 12, 2010 5:45am Oct 12, 2010 5:45am
Quoting PayTheLimit
Well I never got the short signal. Feels like maybe some shorts trapped on this break. Might look for a long scalp now, well see in a couple
Counter trend long from 3817, sl 3793, tp 3833

gone play it tight
Look Sharp/Trade Tight
  • #304,764
  • Oct 12, 2010 5:45am Oct 12, 2010 5:45am
Quoting gatorinla; we may rest here also at 377X [COLOR=Red
and build a little W before lower.. we have strong support here.[/color]

i mentioned weekly CiC it was at 175 earlier ... its currently at 146/47... a huge change..
up moves are now probably limited to 28334 now.. we will c..
those who can, do. those who cant, talk about those who can
  • #304,765
  • Oct 12, 2010 5:45am Oct 12, 2010 5:45am
Quoting wcforex
Hi Scullmeister...welcome aboard
Cheers mate, that's much appreciated.
Trade the price action, not the cash!!!
  • #304,766
  • Oct 12, 2010 5:46am Oct 12, 2010 5:46am
Quoting Z3iz3i
Yea, 5min is good for today generally.
Btw, some 5min bull setup might be under construction
I have a nice triangle pattern @ m15
  • #304,767
  • Oct 12, 2010 5:48am Oct 12, 2010 5:48am
Quoting ibicuy
Hi Gator,

which you think will be the target for the bounce?


Thanx


I.
i dont know.. draw a fib from 4029 to 3821 and it may be close...
those who can, do. those who cant, talk about those who can
  • #304,768
  • Oct 12, 2010 5:53am Oct 12, 2010 5:53am
From what i can see at the moment, price seems to be stuck on 50EMA and support @ 13816. Probably need NY to open for a decisive move either way. For my sake i hope it is down (sorry Bulls).
Trade the price action, not the cash!!!
  • #304,769
  • Oct 12, 2010 5:57am Oct 12, 2010 5:57am
Quoting PayTheLimit
Counter trend long from 3817, sl 3793, tp 3833

gone play it tight
Its stalling,i'm out at 09, for a -8.
Look Sharp/Trade Tight
  • #304,770
  • Oct 12, 2010 5:58am Oct 12, 2010 5:58am
Gator you seem well respected on here. You still think down is the way forwards for EU?
Trade the price action, not the cash!!!
  • #304,771
  • Oct 12, 2010 5:59am Oct 12, 2010 5:59am
Quoting PayTheLimit
Its stalling,i'm out at 09, for a -8.
from what i see it's building a bearish wedge on m15.
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  • #304,772
  • Oct 12, 2010 6:02am Oct 12, 2010 6:02am
Quoting T@rantula
I have a nice triangle pattern @ m15
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  • #304,773
  • Oct 12, 2010 6:03am Oct 12, 2010 6:03am
Hope it dont go above the open again.
My rules say short below, long above ,to keep me in line with daily candles.
After all they got close at open ,red or green 3 choices.

seems to be a rule some of the better traders have, so Its in mine now.
making green pips large and red pips small this is my goal.
  • #304,774
  • Oct 12, 2010 6:03am Oct 12, 2010 6:03am
Quoting Mr Hatch
from what i see it's building a bearish wedge on m15.
yea, I just think maybe were do for a little range trade here, I might take one more crack to the downside but I dont want to get shredded here. I've done two trades, I really try to avoid doing three in a session.
Look Sharp/Trade Tight
  • #304,775
  • Oct 12, 2010 6:04am Oct 12, 2010 6:04am
Quoting Mr Hatch
from what i see it's building a bearish wedge on m15.
Mr Hatch are you having a successful trading day? Eurusd is not in real motion today..looking a little bearish. what do you think
  • #304,776
  • Oct 12, 2010 6:05am Oct 12, 2010 6:05am
Quoting T@rantula
I have a nice triangle pattern @ m15
Its there, yup.
They think they are smarter than I am.
  • #304,777
  • Oct 12, 2010 6:07am Oct 12, 2010 6:07am
Quoting Pipwanderer
Mr Hatch are you having a successful trading day? Eurusd is not in real motion today..looking a little bearish. what do you think
admit, you're a bankster hunting my account

i'm long.

Quoting PayTheLimit
yea, I just think maybe were do for a little range trade here, I might take one more crack to the downside but I dont want to get shredded here. I've done two trades, I really try to avoid doing three in a session.
yes, play it safe. atm it doesn't give that much obvious bounces to re-enter shorts on the longer tf.
  • #304,778
  • Oct 12, 2010 6:07am Oct 12, 2010 6:07am
Quoting gatorinla
i dont know.. draw a fib from 4029 to 3821 and it may be close...
GATOR GATOR... WHAT DO YOU THINK IS THE LOOKS ON THE EURUSD. bARELY MOVING UP OR DOWN
  • #304,779
  • Oct 12, 2010 6:08am Oct 12, 2010 6:08am
Quoting gatorinla
this years moves and last years all fit on one chart. within 6 pips..
hey Gator, can you explain a little what you mean by that? (im still learning) Thanks
  • #304,780
  • Oct 12, 2010 6:09am Oct 12, 2010 6:09am
NICE

4H Update
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