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EURUSD

  • #354,741
  • Dec 30, 2010 8:44am Dec 30, 2010 8:44am
Quoting T@rantula
Yep mate...Im on break from trading till 6th-7th january and I will be back. I also need a holiday :0
Yeah..nice trade there T
  • #354,742
  • Dec 30, 2010 8:45am Dec 30, 2010 8:45am
68.6 CHicago PMI!
  • #354,743
  • Dec 30, 2010 8:46am Dec 30, 2010 8:46am
Quoting T@rantula
Thank you guys



What do we do then? I personally never buy resistance and sell support.

I bought on a support. r:r ratio was also good. I consulted with Peters, he also confirmed longs and I was pretty convinced i was on a right track.
thanks good trade plan.... looking back i wish i listened to my guts as well instead; but at least caught on what was going on yesterday evening and went long;
thanx
anna
  • #354,744
  • Dec 30, 2010 8:48am Dec 30, 2010 8:48am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
Unless North Korea nukes South Korea today, no one should be short just yet.

If we break 1.33 I don't see 1.328 posing a strong resistance.

1.34 could be in sights today.
And it continues, no news in the world can get in the way of pure momentum.

Only create inertia for it.

Or so it seems for now
  • #354,745
  • Dec 30, 2010 8:48am Dec 30, 2010 8:48am
well thank you..

Indeed.. I usually dont trade daily timeframe. My setup is valid for 12 candles.
U dont really need to pay attention too much on charts, but I have decided to give it a go.

I was really tired from that range trading.
  • #354,746
  • Dec 30, 2010 8:50am Dec 30, 2010 8:50am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
I've been watching news all week, home sales and construction has formed another bottom this month.

When that negative news comes out, expect it to create the inertia Eur/USD needs to sky rocket.
  • #354,747
  • Dec 30, 2010 8:50am Dec 30, 2010 8:50am
Quoting PayTheLimit
sl 3280 now...
sl 3288 now..
Look Sharp/Trade Tight
  • #354,748
  • Dec 30, 2010 8:50am Dec 30, 2010 8:50am
Quoting gh0stjpy
well thats me for the week and the year! phew wat a crazy year!!!! i came across FOREX in a shares magazine last Oct (2009), by Jan i had been testing my own strategy and went live in Feb 2010, had mixed results until June 2010 as my strategy was based on 6 JPY pairs and i didn;t have the capital to trade it, i ended up picking sometimes the right pairs one week and sometimes the wrong pairs! way it goes

But by May-June when the YEN went crazy my strategy stopped workin! i thought uh oh now wat?? i could have gone to any forum and copied someone...
Good for you and congrats and much continued success in 2011
Yes! "trade what makes sense to and works for you"
"Your Best trade is a loss with minimum risk"
  • #354,749
  • Dec 30, 2010 8:50am Dec 30, 2010 8:50am
http://www.forexfactory.com/showthre...=1#post4273804

d1 >>>>>ware 4

http://cdn.forexfactory.com/attachme...1&d=1293688494
  • #354,750
  • Dec 30, 2010 8:51am Dec 30, 2010 8:51am
Probably the news won't affect the EUR/USD so much, due to the strong trend, but it sure feels good to see profit on AUD/USD short.


L.E.: Anyway, anything can happen so I won't be amazed to see the Aussie back at 1.0195
  • #354,751
  • Dec 30, 2010 8:52am Dec 30, 2010 8:52am
Quoting stock
68.6 CHicago PMI!

One more reason not to short this, unless you are HDA/Forexpro and absolutely clueless and enjoy the misery of dragging others down with you.

His "nedged" trades are 200 pips underwater and the only thing that is saving him right now is to continuously delete his posts so he won't look like the absolute tosser he really is.
  • #354,752
  • Dec 30, 2010 8:54am Dec 30, 2010 8:54am
Quoting PayTheLimit
Long 3275, sl 3260, tp 3305
out at 3299, +24, the hell with it...
Look Sharp/Trade Tight
  • #354,753
  • Dec 30, 2010 8:55am Dec 30, 2010 8:55am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting gh0stjpy
well thats me for the week and the year! phew wat a crazy year!!!! i came across FOREX in a shares magazine last Oct (2009), by Jan i had been testing my own strategy and went live in Feb 2010, had mixed results until June 2010 as my strategy was based on 6 JPY pairs and i didn;t have the capital to trade it, i ended up picking sometimes the right pairs one week and sometimes the wrong pairs! way it goes

But by May-June when the YEN went crazy my strategy stopped workin! i thought uh oh now wat?? i could have gone to any forum and copied someone...
Nice ghost! I like your posts and you are one of the nicer people on here.

I just started trading in October with no strategy or idea. Came across Babypips and this website and on the road to having a better grasp of Forex.

I hope 2011 is awesome for you bro, enjoy your break.
  • #354,754
  • Dec 30, 2010 8:56am Dec 30, 2010 8:56am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting cloggie
One more reason not to short this, unless you are HDA/Forexpro and absolutely clueless and enjoy the misery of dragging others down with you.

His "nedged" trades are 200 pips underwater and the only thing that is saving him right now is to continuously delete his posts so he won't look like the absolute tosser he really is.
Hey cloggie, can you explain?
  • #354,755
  • Dec 30, 2010 8:56am Dec 30, 2010 8:56am
Quoting PayTheLimit
out at 3299, +24, the hell with it...
PTL..I think you were in a good trade. I usually scale out and move stop to BE.
  • #354,756
  • Dec 30, 2010 8:56am Dec 30, 2010 8:56am
just wake up wtf... my sl hit
Verily, in every difficulties there is relief
  • #354,757
  • Dec 30, 2010 8:56am Dec 30, 2010 8:56am
Quoting PayTheLimit
out at 3299, +24, the hell with it...
good My expectations are still up
  • #354,758
  • Dec 30, 2010 8:58am Dec 30, 2010 8:58am
Quoting gatorinla
short 3295 tsl
s/o
those who can, do. those who cant, talk about those who can
  • #354,759
  • Dec 30, 2010 8:59am Dec 30, 2010 8:59am
Again:


REPEAT AFTER ME:

I will NEVER- EVER-NEVER-NEVER- EVER fade the STRONG TREND !!
  • #354,760
  • Dec 30, 2010 8:59am Dec 30, 2010 8:59am
Quoting gatorinla
s/o
keeping this short for a little longer
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