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  • Post #9,301
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  • Nov 17, 2010 4:46pm Nov 17, 2010 4:46pm
  •  rubberband
  • | Joined Jun 2009 | Status: Member | 34 Posts
Going to trend soon. IMO the bias is down but could go either way.
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  • Post #9,302
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  • Nov 18, 2010 4:02am Nov 18, 2010 4:02am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
some moves, like good old times
 
 
  • Post #9,303
  • Quote
  • Nov 18, 2010 4:04am Nov 18, 2010 4:04am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
I see now. Eur current account huge increase in deficit.
 
 
  • Post #9,304
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  • Nov 18, 2010 4:23am Nov 18, 2010 4:23am
  •  ashes
  • | Joined Aug 2007 | Status: live to trade another day | 726 Posts
Quoting shiko
Disliked
I see now. Eur current account huge increase in deficit.
Ignored
still eurusd rises. forex is crazy
 
 
  • Post #9,305
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  • Nov 18, 2010 8:05am Nov 18, 2010 8:05am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
Quoting ashes
Disliked
still eurusd rises. forex is crazy
Ignored

The point is , you do not trade news. you trade price action to this news
But I was thinking same . One moment it looked like NightMoves' set up was materializing, but no. I had to day trade again.
 
 
  • Post #9,306
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  • Nov 18, 2010 8:07am Nov 18, 2010 8:07am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
generally speaking I have a very good feeling about where price goes in short term. it is not so with bigger moves. have no experience otherwise how could I let more than 600 pips turn into nothing.
 
 
  • Post #9,307
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  • Nov 18, 2010 8:56am Nov 18, 2010 8:56am
  •  ashes
  • | Joined Aug 2007 | Status: live to trade another day | 726 Posts
we might get the opportunity to short eurusd ... I'll wait for 4 more hours. with a little luck we might catch the new trendcycle
 
 
  • Post #9,308
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  • Nov 18, 2010 11:28am Nov 18, 2010 11:28am
  •  ashes
  • | Joined Aug 2007 | Status: live to trade another day | 726 Posts
the philly fed manufacturing index numbers are in favor of eurusd short ...
 
 
  • Post #9,309
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  • Nov 18, 2010 11:41am Nov 18, 2010 11:41am
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
sold uj @ 83.640
 
 
  • Post #9,310
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  • Nov 18, 2010 11:58am Nov 18, 2010 11:58am
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Quoting redsword11
Disliked
sold uj @ 83.640
Ignored


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Red
 
 
  • Post #9,311
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  • Nov 18, 2010 12:58pm Nov 18, 2010 12:58pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
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  • Post #9,312
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  • Nov 18, 2010 1:24pm Nov 18, 2010 1:24pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
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  • Post #9,313
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  • Nov 18, 2010 1:53pm Nov 18, 2010 1:53pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
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awaiting entry GY


also sold the cadchf based on 4hr supply zone
 
 
  • Post #9,314
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  • Nov 18, 2010 2:14pm Nov 18, 2010 2:14pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Quoting redsword11
Disliked
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awaiting entry GY


also sold the cadchf based on 4hr supply zone
Ignored


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  • Post #9,315
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  • Nov 18, 2010 2:19pm Nov 18, 2010 2:19pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Quoting redsword11
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@ BE
 
 
  • Post #9,316
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  • Nov 18, 2010 3:30pm Nov 18, 2010 3:30pm
  •  redsword11
  • Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Quoting redsword11
Disliked
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Red
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  • Post #9,317
  • Quote
  • Nov 19, 2010 6:08am Nov 19, 2010 6:08am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
I think it will take some time before some trend develops again. I actually prefer majors to some exotics which I do not understand. Usd/Jpy starts looking good if it can go on like this.
I took no trades as per these strategies this week. only day traded. I am watching GBP/JPY on 4H for trigger to go long. It just looks really well, despite overall being down on weekly. Usd/JPY broke daily trend line and there is enough space to next weekly trend line to make some money if it continues.
E/U keeps dessapointing. As it looks like perfect NightMoves set up was forming on retracement line break out, it moved up again. I am sure mostly thanks to Mr. Ben incoming speech which was confirmed by weird volatility.

I will be waiting.

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  • Post #9,318
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  • Nov 19, 2010 6:09am Nov 19, 2010 6:09am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
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  • Post #9,319
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  • Nov 19, 2010 6:11am Nov 19, 2010 6:11am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
Quoting redsword11
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Attachment 582966
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I like your style. while no longer term set ups, I am doing something similar.
But have problem taking those shorts from the top like you do. I always expect it to break against me. what's your stops? I use mostly 15 pips.
 
 
  • Post #9,320
  • Quote
  • Nov 19, 2010 6:15am Nov 19, 2010 6:15am
  •  shiko
  • | Joined Feb 2009 | Status: Member | 2,444 Posts
USD/Chf actually broke all trend lines and there is only number 1000 that stays in the way.
 
 
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