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EURUSD

  • #368,741
  • Jan 20, 2011 6:02am Jan 20, 2011 6:02am
sticky trendline

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Hero calls followed by margin calls...
  • #368,742
  • Jan 20, 2011 6:03am Jan 20, 2011 6:03am
1.3484 to 1.3488 area act as a strong support.lets watch that area.its look like a HS.
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  • #368,743
  • Jan 20, 2011 6:03am Jan 20, 2011 6:03am
a retrace to 1.3460 first would give bulls more steam upwards.

But love the range for quick 3-4 pip scalping
  • #368,744
  • Jan 20, 2011 6:05am Jan 20, 2011 6:05am
Quoting Vladimir1987
Lets assume that this was news positioning...

Here are my levels for the spike to be contained...

P.S. i wont trade the news maybe then the reaction after couple of minutes(15-45)
Attachment
r u sure news will be good for usd? : P
Hero calls followed by margin calls...
  • #368,745
  • Jan 20, 2011 6:06am Jan 20, 2011 6:06am
Quoting PhAnTi'
short 3500. sl 3505 , tp 3490
banked at 3488 , removed tp
Hero calls followed by margin calls...
  • #368,746
  • Jan 20, 2011 6:07am Jan 20, 2011 6:07am
Quoting AcidH4X
1.3484 to 1.3488 area act as a strong support.lets watch that area.its look like a HS.
U have bought resistance...why did u do that? A typical newbie mistake...NEVER do that
  • #368,747
  • Jan 20, 2011 6:07am Jan 20, 2011 6:07am
Quoting PhAnTi'
banked at 3488 , removed tp
puh is just playing, no buddies around for now.
  • #368,748
  • Jan 20, 2011 6:10am Jan 20, 2011 6:10am
Quoting Mr Hatch
puh is just playing, no buddies around for now.
Hero calls followed by margin calls...
  • #368,749
  • Jan 20, 2011 6:10am Jan 20, 2011 6:10am
Quoting PhAnTi'
banked at 3488 , removed tp
you can do those all day long, but must adhere to stop losses, tight risk management and banking available profit is the name of the game in scalping, no time to second guess, those profits are slippery as eels...

Of course sometimes price will follow through and you will miss a large ride, but you must think in terms of averages... and in any case more often than not price will retrace and retest, especially in EU...
  • #368,750
  • Jan 20, 2011 6:11am Jan 20, 2011 6:11am
Quoting PhAnTi'
r u sure news will be good for usd? : P
No this is impossible.. But looking at the chart this could play out...

Ill watch not trade it!!!
  • #368,751
  • Jan 20, 2011 6:12am Jan 20, 2011 6:12am
Quoting T@rantula
U have bought resistance...why did u do that? A typical newbie mistake...NEVER do that
should have sold, lol!
  • #368,752
  • Jan 20, 2011 6:13am Jan 20, 2011 6:13am
Quoting PhAnTi'
r u sure news will be good for usd? : P
simple truth, no-one's sure of anything.
  • #368,753
  • Jan 20, 2011 6:13am Jan 20, 2011 6:13am
Quoting FibbinArchie
you can do those all day long, but must adhere to stop losses, tight risk management and banking available profit is the name of the game in scalping, no time to second guess, those profits are slippery as eels...
Im still suck with those small scalps but they do my acc till it doesn't go to a reasonable size which will put my confidence up ill stick to them till then no longer trades..

Just tight sl and a bit larger tp.. 15 is enough..
  • #368,754
  • Jan 20, 2011 6:15am Jan 20, 2011 6:15am
Quoting qwertymyfx
simple truth, no-one's sure of anything.
so dont trade it....
Hero calls followed by margin calls...
  • #368,755
  • Jan 20, 2011 6:15am Jan 20, 2011 6:15am
out at 3500..
  • #368,756
  • Jan 20, 2011 6:16am Jan 20, 2011 6:16am
Quoting Shah22
out at 3500..
with ur long? wise decision...
Hero calls followed by margin calls...
  • #368,757
  • Jan 20, 2011 6:16am Jan 20, 2011 6:16am
i guess we'll stuck in this channel until news fig.

im off....doing some shopping in stuttgart

see ya later !
Hero calls followed by margin calls...
  • #368,758
  • Jan 20, 2011 6:17am Jan 20, 2011 6:17am
Quoting PhAnTi'
so dont trade it....
  • #368,759
  • Jan 20, 2011 6:17am Jan 20, 2011 6:17am
Quoting walb99
http://www.facebook.com/pages/Macro-...9226392?v=wall
Could you tell me how to interpret your charts?
  • #368,760
  • Jan 20, 2011 6:17am Jan 20, 2011 6:17am
I still hold the 1.3580 as target.
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