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  • #360,881
  • Jan 7, 2011 10:59am Jan 7, 2011 10:59am
Quoting cloggie
No, this retrace has a bit of legs to it, we had 3 strong moves, we need a retrace now. Wait for a solid top to form to sell of from.

4 tests of 2940, see how it holds.

It is your strategy and your money, don't take my word for it. I just like to look for the higher probability trades with little or no drawdown when trading intraday.
like 42.. if candle allows
those who can, do. those who cant, talk about those who can
  • #360,882
  • Jan 7, 2011 10:59am Jan 7, 2011 10:59am
Quoting cloggie
No, this retrace has a bit of legs to it, we had 3 strong moves, we need a retrace now. Wait for a solid top to form to sell of from.

4 tests of 2940, see how it holds.

It is your strategy and your money, don't take my word for it. I just like to look for the higher probability trades with little or no drawdown when trading intraday.
ok thanks
  • #360,883
  • Jan 7, 2011 11:00am Jan 7, 2011 11:00am
Quoting gatorinla
like 42.. if candle allows

Looking at the same, want price to show me though, not going to jump on the first suckerbar that I see, unlike some here.
  • #360,884
  • Jan 7, 2011 11:01am Jan 7, 2011 11:01am
Vey much appreciate and thanks a lot to all of you for your moral support and i will continue a usual.
Attached Image (click to enlarge)
Click to Enlarge Name: poll result.jpg Size: 23 KB
  • #360,885
  • Jan 7, 2011 11:03am Jan 7, 2011 11:03am
Quoting kill56
bro i think we are in a new range now no more 13000's we might revisit but not for long
sure that old morning bounce chance now no more , failed over the minimum there , now next majore bounce from major support at 2586 next week or may create one new at 2700/24 ,2633 before .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #360,886
  • Jan 7, 2011 11:04am Jan 7, 2011 11:04am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Rgkc
Good morning. Today I will follow trend.
Sales Order 1.3003
Sl 1.3065
Tp 1.2892

I turn off the computer and turn the 16 gmt.

Good Luck


Good afternoon. I come now to the computer and see that NFP was not as expected.
So close business 1.2936.
67 pips profit.
Studing..............
  • #360,887
  • Jan 7, 2011 11:04am Jan 7, 2011 11:04am
Quoting buonvangvn
i'm short 1.2942
out 11 pips
  • #360,888
  • Jan 7, 2011 11:06am Jan 7, 2011 11:06am
Quoting fontu
sure that old morning bounce chance now no more , failed over the minimum there , now next majore bounce from major support at 2586 next week.
fontu

This move will also hold atleast for this week this TL support will hold at this range as its higher TL support and has held from more than a month : hurrah lets see the setup ? at 1.2915 to 1.2930
finding A M S
  • #360,889
  • Jan 7, 2011 11:08am Jan 7, 2011 11:08am
Hello friends!

Too many EUR negative news and good news about USD today (Unemployment Rate). But the price is ranging, what do you think?

Could the price rebound from here?
  • #360,890
  • Jan 7, 2011 11:09am Jan 7, 2011 11:09am
Quoting aiyoyo
Hi cloggie, how you justify whether a bottom is formed?
Here is one u just need to wait!!

Meanwhile closed cause of reaction... Maybe to early..
Attached Image (click to enlarge)
Click to Enlarge Name: 1-7-2011 6-06-42 PM.png Size: 32 KB
  • #360,891
  • Jan 7, 2011 11:10am Jan 7, 2011 11:10am
It goes over and over this pattern...
  • #360,892
  • Jan 7, 2011 11:11am Jan 7, 2011 11:11am
yellow line may be tough
29047 was a baby st target. the chart is #2.. all plus some slippage usually.. we usually bounce after.
Attached Image
those who can, do. those who cant, talk about those who can
  • #360,893
  • Jan 7, 2011 11:12am Jan 7, 2011 11:12am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting dptrader
Hello friends!

Too many EUR negative news and good news about USD today (Unemployment Rate). But the price is ranging, what do you think?

Could the price rebound from here?

NFP is not good news to usd.much lowerexpected .
Speculation is 500k, but stood at 100k.
Now we are a resistance and we'll probably close the week at around 1.2936.
Studing..............
  • #360,894
  • Jan 7, 2011 11:13am Jan 7, 2011 11:13am
Quoting Rgkc
NFP is not good news to usd.much lowerexpected .
Speculation is 500k, but stood at 100k.
Now we are a resistance and we'll probably close the week at around 1.2936.
Ok, what could happen next week?
I think we will see 1.3000 again, do you think the same?
  • #360,895
  • Jan 7, 2011 11:13am Jan 7, 2011 11:13am
Quoting cloggie
No, this retrace has a bit of legs to it, we had 3 strong moves, we need a retrace now. Wait for a solid top to form to sell of from.

4 tests of 2940, see how it holds.

It is your strategy and your money, don't take my word for it. I just like to look for the higher probability trades with little or no drawdown when trading intraday.

Brunargar did I keep you out of a rubbish trade?

We are entering a range now, just look for the next high probability setup, not for the 5 pip scalps after a decent run.
  • #360,896
  • Jan 7, 2011 11:14am Jan 7, 2011 11:14am
Quoting T@rantula
Entry: 2982

Target price: 2900

Stop loss: 3020
Final part closed for 53 pips overall profit. I cant monitor the trade anymore...so if someone followed my signal...

look for 2900 and if u plan to keep the trade 2975 important resistance 3020 also.


Good luck.

T
  • #360,897
  • Jan 7, 2011 11:15am Jan 7, 2011 11:15am
Quoting grashid
Vey much appreciate and thanks a lot to all of you for your moral support and i will continue a usual.
Why would u stop?? Are u full of it???

Please continue we need guys who know their stuff...


Long above 2944...
Dont know whats with me just keep punching the 3 instead of 2
  • #360,898
  • Jan 7, 2011 11:15am Jan 7, 2011 11:15am
Quoting prashant7
This move will also hold atleast for this week this TL support will hold at this range as its higher TL support and has held from more than a month : hurrah lets see the setup ? at 1.2915 to 1.2930

Finding some support to build a base

chart says something with this much strong usd
Attached Images
finding A M S
  • #360,899
  • Jan 7, 2011 11:16am Jan 7, 2011 11:16am
Quoting Mr Hatch
i need 3 more pips.
got them.
  • #360,900
  • Jan 7, 2011 11:16am Jan 7, 2011 11:16am
Nice rejection there, lets see if it passes the last lower low.
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