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EURUSD

  • #311,521
  • Oct 21, 2010 7:43am Oct 21, 2010 7:43am
Quoting swing 123
went short 1.4320 at BE tp 3333
when did we get to that number,you mean 4032 right
  • #311,522
  • Oct 21, 2010 7:43am Oct 21, 2010 7:43am
Quoting T@rantula
Guys, an advice for me.

If u have made the profit, take a trade or 2 maximum for this day. LONDON is the key for taking profits on intraday levels as it measures 30 % of overall trading volume.

Dont take every trade. The key of making success in forex is to cut your losses to the minimum.



and also one does not have to be in a trade all the time.

when not confident about a move or news event preserve capital by standing aside.
Mind over matter..I don't mind and you don't matter.
  • #311,523
  • Oct 21, 2010 7:45am Oct 21, 2010 7:45am
Quoting digictron
when did we get to that number,you mean 4032 right
lolz typo looking at charts
  • #311,524
  • Oct 21, 2010 7:46am Oct 21, 2010 7:46am
Indeed, that's something that after 4 years of trading I still have some issues with " to not to have to be in a trade at all times.
Enter Signature
  • #311,525
  • Oct 21, 2010 7:47am Oct 21, 2010 7:47am
Quoting swing 123
lolz typo looking at charts
this down move from 76% retracement means trend still down wards get in and enjoy
  • #311,526
  • Oct 21, 2010 7:47am Oct 21, 2010 7:47am
Quoting johninthai
Indeed, that's something that after 4 years of trading I still have some issues with " to not to have to be in a trade at all times.
same story here. which also impact the "enter the trade only when you have the reason to!" ;-)
  • #311,527
  • Oct 21, 2010 7:48am Oct 21, 2010 7:48am
100 pips drop after news.. Ohh man.. I am sleeping..
  • #311,528
  • Oct 21, 2010 7:49am Oct 21, 2010 7:49am
Quoting JuliusCeasar
I have taken a short at resistance

if h4 closes below 1.4028 i think i'm safe


Attachment
free trade
Mind over matter..I don't mind and you don't matter.
  • #311,529
  • Oct 21, 2010 7:49am Oct 21, 2010 7:49am
Quoting digictron
what is your intake on what is going on right now?
3965-4049. We have a master candle now. As I have stated earlier today a breakout MOMENTUM of ascending bottom triangle has pushed EU to 4049 ( t/p 4050 was hit due to spread). Now if u look at m30 ( most intraday traders take trades on m30 for intraday trading) we have a master candle. It acts as a support and resistance. Its need to retrace a bit. I have a fibo confluence around round number 3950 ( between 50-61.8 fib) and it 5/8 of MM level. Possible retrace there.

In an uptrend PA needs to make higher highs and higher lows. We made a break now as PA has made a lower low ( signal of a retrace). a Possible retrace 3965-3950.

Above 4049 eu is aiming for 4125
  • #311,530
  • Oct 21, 2010 7:50am Oct 21, 2010 7:50am
long 3976
  • #311,531
  • Oct 21, 2010 7:50am Oct 21, 2010 7:50am
Quoting PayTheLimit
3973/75 and 3976/78, resistance ....
support now...
Look Sharp/Trade Tight
  • #311,532
  • Oct 21, 2010 7:55am Oct 21, 2010 7:55am
http://cdn.forexfactory.com/images/attach/gif.gif

2010-10-21 _ zigzagtracktracer (14h51 CET) EUR-USD 060min _ 000.GIF (37.0 KB)


Downed from 1.4029xx levels ... and reverso game from 1.3983 zone started ... for one more leg to the upside ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-21 _ zigzagtracktracer (14h51 CET) EUR-USD 060min _ 000.GIF Size: 37 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #311,533
  • Oct 21, 2010 7:55am Oct 21, 2010 7:55am
Quoting swing 123
this down move from 76% retracement means trend still down wards get in and enjoy
Are you sure you know, what you are doing? Trend still down?

YES, it is USDx trend still down..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #311,534
  • Oct 21, 2010 7:59am Oct 21, 2010 7:59am
Quoting SkyzerFX
Are you sure you know, what you are doing? Trend still down?

YES, it is USDx trend still down..
'upp Sky ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #311,535
  • Oct 21, 2010 7:59am Oct 21, 2010 7:59am
Quoting PayTheLimit
support now...
41,4% fibbo?
  • #311,536
  • Oct 21, 2010 8:00am Oct 21, 2010 8:00am
Quoting mfoste1
long 3976
futures?
Look Sharp/Trade Tight
  • #311,537
  • Oct 21, 2010 8:03am Oct 21, 2010 8:03am
Quoting dejv
41,4% fibbo?
if you say so...
Look Sharp/Trade Tight
  • #311,538
  • Oct 21, 2010 8:04am Oct 21, 2010 8:04am
Quoting PayTheLimit
if you say so...
broken..
  • #311,539
  • Oct 21, 2010 8:05am Oct 21, 2010 8:05am
3333 here we come
  • #311,540
  • Oct 21, 2010 8:07am Oct 21, 2010 8:07am
Quoting PayTheLimit
futures?

no spot
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