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EURUSD

  • #339,901
  • Dec 6, 2010 2:53am Dec 6, 2010 2:53am
Quoting T@rantula
A momentum candle breach...not everything is in Fibs.
target hit. done. Im out of trade atm.
Dear Brother T@rantula,

I see there is some difference in ATR Projection in urs chart and mine, is this due to the difference in broker time or anything else ......... would love to hear from your end.
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  • #339,902
  • Dec 6, 2010 2:54am Dec 6, 2010 2:54am
update on the trade Friday 3361 short

collecting part 108 + pips from @ 3250.

letting rest to run
I SEE YOU !!
  • #339,903
  • Dec 6, 2010 2:55am Dec 6, 2010 2:55am
Quoting PayTheLimit
No brother I missed it. Oh well, there will be others. If I dont trade today so be it. To be quite honest my trading has improved 100 folld since I got over the fact that I dont have to trade every day. Did you catch it?
Not trading every day AND not sitting at the computer all day when you do trade - best lessons for me too. Big improvement since working that out
  • #339,904
  • Dec 6, 2010 2:56am Dec 6, 2010 2:56am
Quoting sisse
To be honest with you, I took only 1 contract (futures) but I took crumbs (15 ticks) when it stalled @1.328x. Amateurish trade management in that trade ... don't ask why 'cause there was not TA, PA or fundamental reason... or maybe just lack of confidence on the r:r.

sisse
They cant all be 100 pip winners. I've done it a thousand times too. Its true that sometimes trading to tight will cost you, and I agree. But its a good habit to have, PTL
Look Sharp/Trade Tight
  • #339,905
  • Dec 6, 2010 2:57am Dec 6, 2010 2:57am
Quoting PayTheLimit
No brother I missed it. Oh well, there will be others. If I dont trade today so be it. To be quite honest my trading has improved 100 folld since I got over the fact that I dont have to trade every day. Did you catch it?
+1000.
Over the past 25 yrs I've traded equities, commodities, and now FOREX. It took me a long time to gain the patience to wait for a trade rather than force a trade. I'm much more successful now.
  • #339,906
  • Dec 6, 2010 2:58am Dec 6, 2010 2:58am
Quoting Pipwanderer
done at 3368? we left here a long time ago
haha, sorry, it's a typo, I meant 3268.
  • #339,907
  • Dec 6, 2010 2:59am Dec 6, 2010 2:59am
Gatorinla buddy, you should have held your short position like me, on Friday evening.

You would have been laughing now.
  • #339,908
  • Dec 6, 2010 3:00am Dec 6, 2010 3:00am
Quoting wormboy
done, target met. my position is now flat.

good luck
Do u peek in my charts )) Kidding.
  • #339,909
  • Dec 6, 2010 3:01am Dec 6, 2010 3:01am
Quoting gatorinla
for the ones who ask what a mofu is..here is a few..
mofus have no friends. its a cluster of mofus. we have to build the long candle now to hold a new position passed and away from the edge.
those who can, do. those who cant, talk about those who can
  • #339,910
  • Dec 6, 2010 3:02am Dec 6, 2010 3:02am
Quoting PayTheLimit
That 3227/3246 area will be the line in the sand for the bulls.
In play now...
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Look Sharp/Trade Tight
  • #339,911
  • Dec 6, 2010 3:03am Dec 6, 2010 3:03am
watching lover time fram no for confirmation 3241 3235 watching closely 3215 is no that far patience
  • #339,912
  • Dec 6, 2010 3:04am Dec 6, 2010 3:04am
Quoting iflyjetzzz
It took me a long time to gain the patience to wait for a trade rather than force a trade.
It truely has to be the most difficult thing to master.
Look Sharp/Trade Tight
  • #339,913
  • Dec 6, 2010 3:04am Dec 6, 2010 3:04am
Quoting PayTheLimit
They cant all be 100 pip winners. I've done it a thousand times too. Its true that sometimes trading to tight will cost you, and I agree. But its a good habit to have, PTL
Ive done tight today... Was up 24 and it started to go against me at 300 decided to close because of the small pip plus that i had... If i was 30-40 up i would left it and took half of.
But its ok so.. Tomorrow will be more chances or in ny sesion
  • #339,914
  • Dec 6, 2010 3:06am Dec 6, 2010 3:06am
Quoting kuroro001
Well everything you need to know is in the chart...and i'll say everything you need to know is in the PA!
I've dropped fibs long time ago

Btw good trade!
Tnx kuroro

I use fibs only as a retracement tool as one of key points of confluence.
  • #339,915
  • Dec 6, 2010 3:06am Dec 6, 2010 3:06am
Quoting ukcool
Gatorinla buddy, you should have held your short position like me, on Friday evening.

You would have been laughing now.
i did lt ones. but i closed scalps. i didn't want them open over the weekend. i hedged the lt ones. we didnt spike above 3471 so im out of hedge and resumed scalp.
those who can, do. those who cant, talk about those who can
  • #339,916
  • Dec 6, 2010 3:07am Dec 6, 2010 3:07am
Quoting gatorinla
mofus have no friends. its a cluster of mofus. we have to build the long candle now to hold a new position passed and away from the edge.

gator,
i i wyould like to gain some more insight to this mofu i see another one at 3215 3180 hopefully we get there
  • #339,917
  • Dec 6, 2010 3:08am Dec 6, 2010 3:08am
waiting for it
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  • #339,918
  • Dec 6, 2010 3:10am Dec 6, 2010 3:10am
Quoting AdrianHNV
Amazed that this particular important information isn't listed on the FF today...
14:00 ECB Publishes amount of bond buying.


reference.......http://www.forexcrunch.com/eurusd-de...ing-off-highs/
yup there might be some good vol around that.

quite a bit gets by the FF calendar but if you watch one of the newsfeeds you can get what they miss
"If The Fool persists in his Folly he will become wise." - William Blake
  • #339,919
  • Dec 6, 2010 3:12am Dec 6, 2010 3:12am
What the hell is it DOING?!?

This has been the sh#ttiest EURUSD market to trade in in years...

Up down up down...
  • #339,920
  • Dec 6, 2010 3:12am Dec 6, 2010 3:12am
Quoting ukcool
Gatorinla buddy, you should have held your short position like me, on Friday evening.

You would have been laughing now.
yeah went short friday before ny close 3420 been through hectic asian session an now london hopefully ny
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