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  • #331,181
  • Nov 23, 2010 8:54am Nov 23, 2010 8:54am
New weekly low printed...1,3300 we are coming
There might be ups and downs but 1,3300 is on the road
COT: The precious data ignored
  • #331,182
  • Nov 23, 2010 8:55am Nov 23, 2010 8:55am
newbie here...

I shorted EURUSD at 1.3524, just moved sl to b/e... profit target at 1.3324... basically just following the trend... using a risk reward ratio of 1:2...
  • #331,183
  • Nov 23, 2010 8:56am Nov 23, 2010 8:56am
Quoting kuroro001
No wonder why i don't trade 5mn chart...i am completely off !
My entry was 3585 targeting 3630 as a primary target. S/l 3545.

I had a pending sell 3530 in case I got stopped out, as per analysis.

Thats why I was almost 80 % sure ill get the 3450.

Looking h4 swing down that was a logical target
  • #331,184
  • Nov 23, 2010 8:56am Nov 23, 2010 8:56am
Quoting PipChick

Hey pippy moved SL down to 3480 lock to lock in profit home sales coming out they have been good past couple news realeses. Could push this down for bear confirmation
Know when to hold em, Know when to fold em!
  • #331,185
  • Nov 23, 2010 8:57am Nov 23, 2010 8:57am
Quoting Skracor247
Yes but its the days patterns fail that keep you learning.
Not saying anything to the contrary, just making an observation of the current movement. If it works now, its good enough for the moment for me.
  • #331,186
  • Nov 23, 2010 8:57am Nov 23, 2010 8:57am
As I posted yesterday, price approaching my take profit level of 1.3400.

1.3400 is the bottom of a bearish channel on the Daily. I'm anticipating a bounce upwards off this level.
Attached Image (click to enlarge)
Click to Enlarge Name: 1123eurusd.PNG Size: 33 KB
  • #331,187
  • Nov 23, 2010 8:58am Nov 23, 2010 8:58am
Quoting gatorinla
no change for me.
this is the chart. the pair wants its pip.
those who can, do. those who cant, talk about those who can
  • #331,188
  • Nov 23, 2010 8:59am Nov 23, 2010 8:59am
Quoting T@rantula
My entry was 3585 targeting 3630 as a primary target. S/l 3545.

I had a pending sell 3530 in case I got stopped out, as per analysis.

Thats why I was almost 80 % sure ill get the 3450.

Looking h4 swing down that was a logical target
Yes well done mate. 1,3300 is very close now with that new low printed
I would like a bounce off now...but it will go against my rule because London will end soon...so a rest is a better idea i guess.
COT: The precious data ignored
  • #331,189
  • Nov 23, 2010 9:01am Nov 23, 2010 9:01am
Quoting cloggie
A clean break will get me to 3423.

Job done, simples.

Still 2 pips out though, hmmmm
  • #331,190
  • Nov 23, 2010 9:02am Nov 23, 2010 9:02am
Quoting cloggie
Job done, simples.

LMAO WTF you said 3490.
Know when to hold em, Know when to fold em!
  • #331,191
  • Nov 23, 2010 9:03am Nov 23, 2010 9:03am
Switched to scalping longs @ 1M

Catching a falling knife :O
  • #331,192
  • Nov 23, 2010 9:04am Nov 23, 2010 9:04am
Quoting akhtergroup

Attached Image (click to enlarge)
Click to Enlarge Name: nc2.jpg Size: 134 KB
  • #331,193
  • Nov 23, 2010 9:04am Nov 23, 2010 9:04am
Quoting goods
LMAO WTF you said 3490.

No, I was commenting to some of the scalpers taking longs on the medium term trend.

The 3423 target was one Wormy, Gator and I were discussing last night based on the london roll.
  • #331,194
  • Nov 23, 2010 9:05am Nov 23, 2010 9:05am
Quoting kuroro001
Yes well done mate. 1,3300 is very close now with that new low printed
I would like a bounce off now...but it will go against my rule because London will end soon...so a rest is a better idea i guess.
yea I hope I will spot another counter trend trade. In fact those counters are good, usually give a good r:r ratio. Even if u lose it ull get more immediately by following the trend

I will post about counter trend trades soon.
  • #331,195
  • Nov 23, 2010 9:06am Nov 23, 2010 9:06am
Quoting cloggie
No, I was commenting to some of the scalpers taking longs on the medium term trend.

Got ya. DOnt ever do that to me again.... LOL

anyway.. i want to pm you something but you turn it off. Can you send me a message so I can respond to it please.
Know when to hold em, Know when to fold em!
  • #331,196
  • Nov 23, 2010 9:07am Nov 23, 2010 9:07am
Quoting goods
Got ya. DOnt ever do that to me again.... LOL

anyway.. i want to pm you something but you turn it off. Can you send me a message so I can respond to it please.

It is turned of for a reason, any questions you got, you can ask here.
  • #331,197
  • Nov 23, 2010 9:09am Nov 23, 2010 9:09am
Quoting cloggie
It is turned of for a reason, any questions you got, you can ask here.

I asked you but you utterly and completely ignored me. I would like to learn your calculations sir. Would you have a kind enough heart to show me?
Know when to hold em, Know when to fold em!
  • #331,198
  • Nov 23, 2010 9:09am Nov 23, 2010 9:09am
Quoting SugarTrade
My view
Seems to be playing out. Lots of room for more down on the EU in the coming days
Attached Image (click to enlarge)
Click to Enlarge Name: confirmed.png Size: 64 KB
  • #331,199
  • Nov 23, 2010 9:09am Nov 23, 2010 9:09am
found chart... we usually bounce after completion and slippage. second chart shows another reason.. will or not is unknown..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bear 3.PNG Size: 41 KB
Click to Enlarge Name: bear 1.PNG Size: 47 KB
those who can, do. those who cant, talk about those who can
  • #331,200
  • Nov 23, 2010 9:10am Nov 23, 2010 9:10am
Quoting goods
I asked you but you utterly and completely ignored me. I would like to learn your calculations sir. Would you have a kind enough heart to show me?

I wasn't ignoring you, missed the Q. No, I am not going to share my calculations for targets here, that is part of my trading strategy and therefore not open for public consumption.
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