what to have - alfalasi's journal

correct me if I am wrong!!
on 25/10/2010
the EUR/USD will move from 1.3971 to 1.3999 as T1, and to 1.4050 as T2.
And expcting it to pullback to 1.3835.
goodluck
for me too

For the bigginer they have to study the market will befor they Enter it, they they have to set support and resistence, look for the market where dose it hit and pull back, I have been in the market from 2006, it is worth it, and if someone is luck then he is billionaire . why am saying that because the furtune there but need someone out there to get it.. gor me am always dreaming to be milti-milionare. thats why Iam here in this market.


goooooooooood luck Traders

Agreed, TP1. Now for TP2.

What was your Entry?
What is your Stop Loss?

However, this is the ruling fib .... not last weeks or the week before that, but 3 weeks ago.

Thoughts?

(And people say fibs don't work....)

Last post in your journal without permission.

Here's TP2.

my Entery was 1.3965, and S/L 1.4105, have been adjusted to 1.3938.
hope to move dawn.
Educational

Posting again, ok?

You hit the 61.8% retracement.

Here is the retracement on the ruling fib from 3 weeks ago .... it hit the 50% retracement.

You posted:

the EUR/USD will move from 1.3971 to 1.3999 as T1, and to 1.4050 as T2.
And expcting it to pullback to 1.3835.

Was it an educated guess?

What clued you in that it was going to pullback 61.8?

No,I don't want you to follow me and then blaming me on your lose.
but it hit my T3 and going to T4, and Iam adjusting with it .

why it should pullback? why you thinked like that? and how do you scale the market on what bases???

my strategy is to follow the 23.6 once it broken and closed dawn I adjust my T/P! simplel as that...
try it with 5 SME period 5.
wish you happines

No need to worry. I've been trading weekly fibs for some time....just interested in how .... looking forward to see how it goes.

Just correct me if I am wrong.
For Monday
EUR/US 1H if the price break the 1.34539 am looing to get till 1.34958 and 1.35890.

But if it break the 1.33146 looking to short it..

Also looking to retrace back at 1.32389 or 1.32522 ( 38.2 Fiv level) and take the big gain
am sharing this to get more knowleg for my trading ..

I trade H1 chart, to share it with you guys, I will short USD/JPY at 82.819 below the (38.2 Fib).
Targeting 82.419, And if I luck enough I'd have 81.990

and here we have side way market where we can't trade only if we are know what to do
in this market what i like to do is this,, puting my Pending Order on both sideway. and start to fish .

Looking to Buy EURUSD at 1.42865 and sell it at 1.41611.

EURJPY at 115.680 and sell at 114.877.

USDJPY buy 81.430 sell at 80.561.

GBPUSD Buy at 1.6330 and sell at 1.62337.

GBPJPY Buy at 133.344 and sell at 130.767.

USDCHF Buy 0.89035 and sell at 0.88223.

AUDUSD Buy at 1.07138 and Sell at 1.5670.

EURGBP Buy at 0.87617.



hope well get it most of it

Happy Trade