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Price is everything

  • #6,841
  • Jan 26, 2011 11:22am Jan 26, 2011 11:22am
EURUSD is driving me insane scalping wise... cant read that price action, levels are holding but acting up weird... still expecting 3750 ish, hopefully before the day is over
  • #6,842
  • Jan 26, 2011 11:42am Jan 26, 2011 11:42am
Quoting Orbital
EURUSD is driving me insane scalping wise... cant read that price action, levels are holding but acting up weird... still expecting 3750 ish, hopefully before the day is over

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 75 KB




price structure
  • #6,843
  • Jan 26, 2011 11:47am Jan 26, 2011 11:47am
Quoting redsword11
Attachment



price structure

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 83 KB



bought it


tight stop
  • #6,844
  • Jan 26, 2011 11:49am Jan 26, 2011 11:49am
can you elaborate on the this will make it stick part?
  • #6,845
  • Jan 26, 2011 11:52am Jan 26, 2011 11:52am
Quoting Orbital
can you elaborate on the this will make it stick part?


there is a minor s turned r zone there - l wrote on the chart, may struggle to go through it - if it is going to go through, prices will have to CREATE a bullish enguilfing pattern



you'll see .........
  • #6,846
  • Jan 26, 2011 11:56am Jan 26, 2011 11:56am
cadjpy could be a sell here - this will twist loony north


not good for aud long


uj in yen phase, this will be choppy
  • #6,847
  • Jan 26, 2011 12:04pm Jan 26, 2011 12:04pm
Quoting redsword11
cadjpy could be a sell here - this will twist loony north


not good for aud long


uj in yen phase, this will be choppy

Red,
Over the last few weeks I have noticed you like doing longs on loonie and mention that they are syncd/inverse with cadjpy. Is there any reason you dont take the short on the cadjpy part when you take the long loonie.
Sorry to appear greedy.
  • #6,848
  • Jan 26, 2011 12:08pm Jan 26, 2011 12:08pm
What a bloody mess.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 24 KB
  • #6,849
  • Jan 26, 2011 12:09pm Jan 26, 2011 12:09pm
Quoting Decimal
Red,
Over the last few weeks I have noticed you like doing longs on loonie and mention that they are syncd/inverse with cadjpy. Is there any reason you dont take the short on the cadjpy part when you take the long loonie.
Sorry to appear greedy.

when taking loony north - you can hedge ITS PULLBACK with cadjpy if you want to, but lets say you took loony north and sold cadjpy at the same time - if you are wrong, you're gonna be pretty fcuked


....... check eu reaction exactly in that zone, bitch pair
  • #6,850
  • Jan 26, 2011 12:12pm Jan 26, 2011 12:12pm
Quoting redsword11
Attachment


bought it


tight stop

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 82 KB



...... now if we get bullish enguilfing it will go through, doubt my stop will live through this
  • #6,851
  • Jan 26, 2011 12:16pm Jan 26, 2011 12:16pm
closed aud, went well


heavy - all in
  • #6,852
  • Jan 26, 2011 12:19pm Jan 26, 2011 12:19pm
Quoting redsword11
Attachment


...... now if we get bullish enguilfing it will go through, doubt my stop will live through this
Which candle would have to be engulfed ?

Cause under my system that touch on the 36705 line is a bullish signal for a move up

Edit: Holy shit oO 25 pips in under 1 1/2 minutes.. that was fun glad im just watching PA right now, was about to enter a long on the next candle
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  • #6,853
  • Jan 26, 2011 12:22pm Jan 26, 2011 12:22pm
Quoting Venice
What a bloody mess.
Buy E/U, lower tl...
  • #6,854
  • Jan 26, 2011 12:24pm Jan 26, 2011 12:24pm
Quoting redsword11
Attachment


...... now if we get bullish enguilfing it will go through, doubt my stop will live through this

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 76 KB



stopped


as suggested by price structure ........
  • #6,855
  • Jan 26, 2011 12:25pm Jan 26, 2011 12:25pm
Quoting Venice
Buy E/U, lower tl...
Closed.
  • #6,856
  • Jan 26, 2011 12:36pm Jan 26, 2011 12:36pm
Quoting redsword11
Attachment


partial close

Attached Image (click to enlarge)
Click to Enlarge Name: gc.jpg Size: 46 KB



closed it before this FOMC
  • #6,857
  • Jan 26, 2011 12:45pm Jan 26, 2011 12:45pm
Quoting Venice
Closed.
And this is why I don't scalp. lol Flawless bounce and I gave the market 5 pips.
  • #6,858
  • Jan 26, 2011 12:46pm Jan 26, 2011 12:46pm
Quoting redsword11
bought crude

Attached Image (click to enlarge)
Click to Enlarge Name: crude.jpg Size: 71 KB



out
  • #6,859
  • Jan 26, 2011 1:24pm Jan 26, 2011 1:24pm
Attached Image (click to enlarge)
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pay it back bitch
  • #6,860
  • Jan 26, 2011 1:30pm Jan 26, 2011 1:30pm
gonna get it again
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