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  • #317,881
  • Nov 2, 2010 7:38am Nov 2, 2010 7:38am
Quoting cloggie
Posting it on the Cable thread as I am talking guys there through a couple of hundred pips but it is relevant for this thread too.

See Conchy, that's how you catch the big moves and not that 1 pip rubbish.
All some people need is a couple pips to reach their goal.
  • #317,882
  • Nov 2, 2010 7:41am Nov 2, 2010 7:41am
Quoting willkohsg
hi fx|green, i suppose you will wait for price to move out of this range triangle before u trade?
Not a hard and fast rule, but yes. Just want to see some meaningful internals.

Clarity is not always there in the market.
  • #317,883
  • Nov 2, 2010 7:41am Nov 2, 2010 7:41am
Quoting T@rantula
double bottom and 50 % fibo retracment from the last swing
Good level, I've not looked at Cable for ages...
  • #317,884
  • Nov 2, 2010 7:42am Nov 2, 2010 7:42am
Quoting goods
Everyone else waiting patiently for this setup?
definitely not me
  • #317,885
  • Nov 2, 2010 7:42am Nov 2, 2010 7:42am
Quoting goods
Everyone else waiting patiently for this setup?
Nice setup, but do you realize that it's a falling wedge and that should be resolved by an upside bullish breakout ???

Getting it right is NOT as important as not getting it wrong.
  • #317,886
  • Nov 2, 2010 7:42am Nov 2, 2010 7:42am
Quoting kuroro001
lol mate...with all that mess yesterday i thought you were over it

Heck no, loving it over here all yobs included.
  • #317,887
  • Nov 2, 2010 7:44am Nov 2, 2010 7:44am
Quoting FibbinArchie
Never lament a missed opportunity if it doesn't fit your criteria...

work the probabilities and you'll come out on top in the long term...
Wise words. Good to hear such things on a public forum.

Beautiful.

There is unfortunately a lot of excitement in some posts which is counter productive.
  • #317,888
  • Nov 2, 2010 7:44am Nov 2, 2010 7:44am
Quoting FibbinArchie
Good level, I've not looked at Cable for ages...
Well ofcourse EUR crosses are my favourite, due to spread and volatility, EU being my favourite.

When I spot a trend I usually go with a trade but there is no point in posting here as someone may think of me as a signal provider and I dont wanna do that.

Being a PA trader every single cross is tradeable, thou some crosses only on H4 chart due to spread.
  • #317,889
  • Nov 2, 2010 7:44am Nov 2, 2010 7:44am
Quoting T@rantula
double bottom and 50 % fibo retracment from the last swing
also in gu and entry from 1.5975 and long for 1.6065

good lucks to all..
  • #317,890
  • Nov 2, 2010 7:47am Nov 2, 2010 7:47am
Quoting fxswing
Nice setup, but do you realize that it's a falling wedge and that should be resolved by an upside bullish breakout ???

or BPC pattern I only consult weekly TF to see if there is a long term conflicting signal.
  • #317,891
  • Nov 2, 2010 7:47am Nov 2, 2010 7:47am
Quoting goods
Everyone else waiting patiently for this setup?
it looks like a bull flag to me ;D
  • #317,892
  • Nov 2, 2010 7:47am Nov 2, 2010 7:47am
Quoting The Fool
I kinda have my heart set on shock & awe FOMC this week followed by massive BoJ intervention next week. And a pony....
would be easy trading.

not sure where the pony fits in but i do like animals.

stan
  • #317,893
  • Nov 2, 2010 7:49am Nov 2, 2010 7:49am
Quoting goods
Everyone else waiting patiently for this setup?
I got it as a long term tg, but atm if I catch more than 30 pips I'll bag'em. After tomorrow if it plays well it's a keeper I think.
  • #317,894
  • Nov 2, 2010 7:50am Nov 2, 2010 7:50am
Quoting T@rantula
Well ofcourse EUR crosses are my favourite, due to spread and volatility, EU being my favourite.

When I spot a trend I usually go with a trade but there is no point in posting here as someone may think of me as a signal provider and I dont wanna do that.

Being a PA trader every single cross is tradeable, thou some crosses only on H4 chart due to spread.
Which Mas do you use for IDing trend out of interest or just naked bars maybe?
  • #317,895
  • Nov 2, 2010 7:51am Nov 2, 2010 7:51am
Quoting FibbinArchie
Which Mas do you use out of interest?
Sorry mate, what does it mean " Mas"?
  • #317,896
  • Nov 2, 2010 7:53am Nov 2, 2010 7:53am
I sounds like exactly what malcom spoke about.

bull run before fomc to trap bulls .

wonder if it will work ?

How many here are super bullish ,come on hands up.

All we need now is some good news for eur or bad news for usd and they all set .

Super fast down move .

Those that are long are you confident enough to hold ,be honest.
making green pips large and red pips small this is my goal.
  • #317,897
  • Nov 2, 2010 7:54am Nov 2, 2010 7:54am
Quoting T@rantula
Sorry mate, what does it mean " Mas"?
Moving Averages
  • #317,898
  • Nov 2, 2010 7:57am Nov 2, 2010 7:57am
Quoting T@rantula
Sorry mate, what does it mean " Mas"?
Moving Averages... for some reason I thought you used them for trend identification...
  • #317,899
  • Nov 2, 2010 7:57am Nov 2, 2010 7:57am
eyes on eurusd 4020... acts as nearest support
The best thing that can happen to you is to find out where you're wrong.
  • #317,900
  • Nov 2, 2010 7:59am Nov 2, 2010 7:59am
Quoting paul1
Those that are long are you confident enough to hold ,be honest.
Yep, Staying long, and somewhat confident about it (trying to watch my complacency level here).

A close below 1,3560 would make me a bear, and switch to selling the rallies.
Not saying I'm using stops that large, just that as long as market keeps closing above that I'll be dip buying, targeting new local highs.

Now my trades last way more than 10-30 minutes, that probably explains a lot, but it's just me
Getting it right is NOT as important as not getting it wrong.
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