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  • #371,201
  • Jan 24, 2011 10:22am Jan 24, 2011 10:22am
Quoting navhin
long at 1.3584
closed for +100pips.
  • #371,202
  • Jan 24, 2011 10:22am Jan 24, 2011 10:22am
we r in channel..its look like some downtrend.
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  • #371,203
  • Jan 24, 2011 10:23am Jan 24, 2011 10:23am
Quoting Piters
oh I agree my friend..

many ways to skin the cat..

today 4h under attack, survived with testing the LTL
then on 1h or 15 min nice bull flag in forming, a bit of choppy PA during the EUR and LONDON open, specially around DPP, but with NY open, buyers come up, and as you said. momentum breakout.. The way how I see is classic Bull flag, Breakout, retest, and then UP... to the target

First target 3660 [as I posted few days ago here]




Second target 3730
Congrat. on Long trades..

[Charts]
  • #371,204
  • Jan 24, 2011 10:24am Jan 24, 2011 10:24am
Quoting attila
yeah, right now everything seems toppy.
Well a +150 tick intraday move non stop is always good enough. Plus the daily range is on the monthly average so only a quick break on volatility will make this break the normal standard deviation for the range...

Good luck in your trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #371,205
  • Jan 24, 2011 10:24am Jan 24, 2011 10:24am
Quoting navhin
closed for +100pips.
Hero calls followed by margin calls...
  • #371,206
  • Jan 24, 2011 10:24am Jan 24, 2011 10:24am
Quoting navhin
closed for +100pips.
good deal man
  • #371,207
  • Jan 24, 2011 10:25am Jan 24, 2011 10:25am
Quoting PhAnTi'
but a nice 100 pip space ;D
Yea, but i think longs are safe until PA reaches it.
  • #371,208
  • Jan 24, 2011 10:25am Jan 24, 2011 10:25am
Quoting navhin
closed for +100pips.
Good.. nice one
  • #371,209
  • Jan 24, 2011 10:26am Jan 24, 2011 10:26am
I'm taking the week off from trading the euro as I've been wrong more often that I've been right the last 6 weeks.

I'll be focusing on the ole tried and true rule about the euro making it's high or low in January. February's range should be a big clue about what to expect the rest of 2011.
"Timing Is Everything. Really I Swear It Is"
  • #371,210
  • Jan 24, 2011 10:29am Jan 24, 2011 10:29am
Quoting T@rantula
c.c.c.c
  • #371,211
  • Jan 24, 2011 10:31am Jan 24, 2011 10:31am
Quoting T@rantula
I thought this was supposed to be a downtrend, what the hell kind of downtrend do you call that T?
Look Sharp/Trade Tight
  • #371,212
  • Jan 24, 2011 10:36am Jan 24, 2011 10:36am
http://www.forexfactory.com/showpost...stcount=369647
  • #371,213
  • Jan 24, 2011 10:37am Jan 24, 2011 10:37am
scalping short 1.3678
  • #371,214
  • Jan 24, 2011 10:37am Jan 24, 2011 10:37am
Quoting TexasforEX
I'm taking the week off from trading the euro as I've been wrong more often that I've been right the last 6 weeks.

I'll be focusing on the ole tried and true rule about the euro making it's high or low in January. February's range should be a big clue about what to expect the rest of 2011.
Excellent self-advice. However I'd imagine this frenzy of euro buying is merely stop loss driven. The party will end soon, "big money" has accomplished their task... Squeeze as much blood as you can out of those stops.

I am short at an undisclosed level ... the fall would only sting a bit, but it will be swift.

Im expecting the 1.31-1.32xx handle by Friday.
  • #371,215
  • Jan 24, 2011 10:37am Jan 24, 2011 10:37am
Quoting PayTheLimit
I thought this was supposed to be a downtrend, what the hell kind of downtrend do you call that T?
I'd love for a nice bull flag to form for London tomorrow..
  • #371,216
  • Jan 24, 2011 10:38am Jan 24, 2011 10:38am
Quoting buonvangvn
scalping short 1.3678
out 8 pips
  • #371,217
  • Jan 24, 2011 10:38am Jan 24, 2011 10:38am
Quoting PayTheLimit
If the high hold's for a few mins, if, I'd watch 3544/52 for some clues...
this area should at least be tested....
Look Sharp/Trade Tight
  • #371,218
  • Jan 24, 2011 10:39am Jan 24, 2011 10:39am
Quoting buonvangvn
scalping short 1.3678
tight entry dude,
  • #371,219
  • Jan 24, 2011 10:40am Jan 24, 2011 10:40am
Quoting PriceVolume
I'd love for a nice bull flag to form for London tomorrow..
I like your, thinking ahead...
Look Sharp/Trade Tight
  • #371,220
  • Jan 24, 2011 10:42am Jan 24, 2011 10:42am
Quoting PriceVolume
I'd love for a nice bull flag to form for London tomorrow..
this is daily, a good place to stop and bounce a bit.
3680s was what many mentioned some days ago, and just thinking about murray, it would go for 391x next, ew says, here's a possible stop to it... so many different opinions... fundies say, go, go, go, though.
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