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  • #359,001
  • Jan 5, 2011 7:49am Jan 5, 2011 7:49am
Quoting suirad
There is a chance to buy Euro at strong uptrend trendline. This trendline has been respected 3 times. Buy limit - 1.3115.

http://img89.imageshack.us/img89/7982/eurusdd5.png

Regards,
suirad
Agree, this is pivotal moment that will determine direction of trading for next few weeks.
  • #359,002
  • Jan 5, 2011 7:53am Jan 5, 2011 7:53am
FOREX FACTORY MEMBERS and GUESTS

We must remember that not all of us are winners today and what we say can have a negative psychological effect on an unsuccesful trader.

We are here to lift up and encourage one another - let us remind ourselves of that.

Thank You
  • #359,003
  • Jan 5, 2011 7:54am Jan 5, 2011 7:54am
Quoting Hda
FOREX FACTORY MEMBERS and GUESTS

We must remember that not all of us are winners today and what we say can have a negative psychological effect on an unsuccesful trader.

We are here to lift up and encourage one another - let us remind ourselves of that.

Thank You

Heck no, we need the entertainment and liquidity. This thread would be so bloomin' boring if more then 5% knew what they are doing.
  • #359,004
  • Jan 5, 2011 7:54am Jan 5, 2011 7:54am
Quoting Venice
It's called high leverage. As long as you have a high percentage strategy, you don't need as many pips.

Me, personally, I like the big pip numbers with minimal risk... Currently sitting on 3 orders from 3300 - 3400.

I may be looking to exit around 3100 here... Let's see how price reacts when/if it get's to it.
With a high leverage i surf the market.
Trade the odds, But don't get caught.
  • #359,005
  • Jan 5, 2011 7:54am Jan 5, 2011 7:54am
Quoting Gleneagles
+99 (9 X12 ) -9
OK I am cutting you off here young man.
  • #359,006
  • Jan 5, 2011 7:54am Jan 5, 2011 7:54am
i think we need NFP to break below 3100.. hourly shows a bounce towards 3182.. and if break that then can reached to my target 3215..15m supports are now on 3109 and 3082..i still keep my long..
  • #359,007
  • Jan 5, 2011 7:55am Jan 5, 2011 7:55am
Quoting Hda
FOREX FACTORY MEMBERS and GUESTS

We must remember that not all of us are winners today and what we say can have a negative psychological effect on an unsuccesful trader.

We are here to lift up and encourage one another - let us remind ourselves of that.

Thank You
Ahmen...

I'm jamming Bob Marley - One Love on my iTunes now....
  • #359,008
  • Jan 5, 2011 7:55am Jan 5, 2011 7:55am
Quoting cloggie
It took almost 3 hours, but we finally got the target I had in mind. These thin vols still play havoc with my calcs though. No short in sight here, the retrace can start in earnest now.

Not trading this one, too late in the day with the markets only operating at a fraction.

london
  • #359,009
  • Jan 5, 2011 7:55am Jan 5, 2011 7:55am
Quoting kill56
london

Your watch works.
  • #359,010
  • Jan 5, 2011 7:57am Jan 5, 2011 7:57am
Quoting Samara
I trust you , then I will be holding my shorts
Samara: my trading plan is not your trading plan. The market talk is 1.3080 ( i dont know if it will get there today ) However my trading plan is to hold my short to 1.2810 - what is your trading plan?

In other words, do not trade what I trade, but what you planned in your trading plan to trade.
  • #359,011
  • Jan 5, 2011 7:58am Jan 5, 2011 7:58am
If we break daily support at 1.3112, my short targets are 1.3032 (60%) and 1.2678 (40%).
  • #359,012
  • Jan 5, 2011 7:59am Jan 5, 2011 7:59am
Quoting cloggie
Heck no, we need the entertainment and liquidity. This thread would be so bloomin' boring if more then 5% knew what they are doing.
CLOGGIE: I hope to see you in heaven
  • #359,013
  • Jan 5, 2011 7:59am Jan 5, 2011 7:59am
Quoting Hda
CLOGGIE: I hope to see you in heaven

Nah, ain't gonna happen.
  • #359,014
  • Jan 5, 2011 7:59am Jan 5, 2011 7:59am
alright, time for a break. i'm hungry-
  • #359,015
  • Jan 5, 2011 7:59am Jan 5, 2011 7:59am
I went long too counting on that trend line bounce others mentioned ... however I am not very certain, not at all.
  • #359,016
  • Jan 5, 2011 7:59am Jan 5, 2011 7:59am
Quoting WallStBully
1.3112 is that the major daily trend line,....?
yes. you can draw a support line from the lows of the 23/12 and 29/12.
Next support is at c. 3085
  • #359,017
  • Jan 5, 2011 8:05am Jan 5, 2011 8:05am
Quoting peter54
I went long too counting on that trend line bounce others mentioned ... however I am not very certain, not at all.
I don't understand you, why going against the trend? if you want to re-enter, you would minimize your rsiks by waiting for the top of retracement before going short again. You will then get the best bargain price and minimize yor risks...
I am off for today now
  • #359,018
  • Jan 5, 2011 8:05am Jan 5, 2011 8:05am
Quoting skozyuk
Ahmen...

I'm jamming Bob Marley - One Love on my iTunes now....
SKOZYUK: I can hear the music. ONE LOVE, ONE HEART, LETS GET TOGETHER AND FEEL ALRIGHT
  • #359,019
  • Jan 5, 2011 8:05am Jan 5, 2011 8:05am
Quoting peter54
I went long too counting on that trend line bounce others mentioned ... however I am not very certain, not at all.
I'm staying out until there is a confirmation. It could break the daily support and PLUNGE taking all bull SL on the way to 1.302x area
  • #359,020
  • Jan 5, 2011 8:07am Jan 5, 2011 8:07am
Quoting T@rantula
Last trade closed. Done for today.
Attachment
Hey T,

ATR indie you have on your chart... is it custom or available to others? Googled but couldn't find it.
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