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  • #374,901
  • Jan 28, 2011 5:00am Jan 28, 2011 5:00am
Quoting snatch
Sell eu 3730 sl 3765 tp 3550
btw.. this is a swing trade for me, so will move my SL as high as possible if needed.. but if you are scalping you should be in good green pips by now.. use the 30 MIN candle to manage your trade
  • #374,902
  • Jan 28, 2011 5:04am Jan 28, 2011 5:04am
3700. 3695. 3680. below big bang boom.
Hero calls followed by margin calls...
  • #374,903
  • Jan 28, 2011 5:05am Jan 28, 2011 5:05am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting gh0stjpy
yes well done, all depends on one thing: time, more time u have more u can prob make as u can watch the markets throughout a day, for me i have limited time due to work so my trades can take anything from 5mins-1H mostly, rarely i leave a trade open 2-3hours but i have done so and still made it!

yesterday a great example, i did a BUY and i was luckily at laptop and quickly come out trade for a profit, it then dropped like a stone! but even if i had stayed in with a 80-100 SL in the end the price came back and shot back up again, this system i...
Trading is simple yet difficult / it is truly a battle against oneself. Greed, impatience, vanity etc. 30 pips a day is achievable and one can usually lock that in pretty quickly. Then the market retraces and comes back - or not...Unfortunately trading is something that one has to experience and feel for oneself (and blow a few real accounts) but once you get the hang of it you can make it. Patience is key. Ok enough, has it hit 3702 yet...sigh
The forex market has its own life and takes its own time.
  • #374,904
  • Jan 28, 2011 5:05am Jan 28, 2011 5:05am
Quoting JuliusCeasar
It will go down much further than that imo

maybe not today but 3580 minimum is my bet

downtrend may even continue from here taking out 1.28

we did hit 61.8 fib
I m expecting high breaking again or at least nearly to high.. the supports below are 3703 and 3686 for further down.. As long as Euro daily close above 3423.. i didnt expect 1.28..
  • #374,905
  • Jan 28, 2011 5:06am Jan 28, 2011 5:06am
Still long

EURUSD 1.3719
SL 1.3699
TP 1.3739
0,20%
  • #374,906
  • Jan 28, 2011 5:07am Jan 28, 2011 5:07am
Out at 3715
+25, + 18
total of 85 pips plenty for me
i wish i would have shorted the standard lots instead lol i'm still not confident enough and definitely don't want to give the pips back to the market, so i need more practice . i hope i get there one day.
Yayyy ...i am Mr Green today
Can't believe its Friday. i am done for the day and out.
Got some things planned, so got to miss the rest of the days FREAKY FRIDAY fun

P.S. I think there is still potential for an upward move, but the downward pressure looks more at this minute.
But thats just my opinion and i can be wrong so trade what you see on your Charts .. Goodluck everyone with your targets.
HK

Quoting hkkhanus
if it breaks 3745 i will be out with the loss and look for another setup
not looking so good at the moment,
  • #374,907
  • Jan 28, 2011 5:10am Jan 28, 2011 5:10am
Quoting Vilgax
Trading is simple yet difficult / it is truly a battle against oneself. Greed, impatience, vanity etc. 30 pips a day is achievable and one can usually lock that in pretty quickly. Then the market retraces and comes back - or not...Unfortunately trading is something that one has to experience and feel for oneself (and blow a few real accounts) but once you get the hang of it you can make it. Patience is key. Ok enough, has it hit 3702 yet...sigh
Jesus you read my thoughts, today for vanity I put 2 trades in eur7jpy both went wrong, I'm handling eur7usd but I said since I'm having a good ratio I will put more risk, and then I lost what achieve yesterday
Rule number one stay to your strategy, never change, if works of course.

My last trade 7 pips green, sell 3725 closed at the very bottom, pfiuuu . Now, waiting for a brake bellow 3700 or above 3740 doesnt matter, just some PA-
  • #374,908
  • Jan 28, 2011 5:10am Jan 28, 2011 5:10am
Quoting Shah22
I m expecting high breaking again or at least nearly to high.. the supports below are 3703 and 3686 for further down.. As long as Euro daily close above 3423.. i didnt expect 1.28..

Looks very toppy to me

Lets compare notes in 2-3 weeks

Attached Image (click to enlarge)
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Mind over matter..I don't mind and you don't matter.
  • #374,909
  • Jan 28, 2011 5:10am Jan 28, 2011 5:10am
Bumper morning for me.

I didn't expect 3680 to break unless it touched 72-73 so I went long 3685 and came out at 3741, reversed down for another 20 points. +80ish.

I deserve a few drinks this weekend.

Good luck to the rest of you for today.
"I made all my money by selling too soon"
  • #374,910
  • Jan 28, 2011 5:13am Jan 28, 2011 5:13am
Quoting PhAnTi'
3700. 3695. 3680. below big bang boom.

What do you think phanti?
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  • #374,911
  • Jan 28, 2011 5:13am Jan 28, 2011 5:13am
Lets toaste??? cheers maybe to reach 25000 pages of people with cash burned and less than 1% rich
  • #374,912
  • Jan 28, 2011 5:13am Jan 28, 2011 5:13am
Quoting ldre
What do you think phanti?
I'd be less inclined to try and second guess the market, trade the break of the range down to the next level, keep it simple.
"I made all my money by selling too soon"
  • #374,913
  • Jan 28, 2011 5:13am Jan 28, 2011 5:13am
http://www.bloomberg.com/video/66216200/
  • #374,914
  • Jan 28, 2011 5:14am Jan 28, 2011 5:14am
Quoting Santana33
Lets toaste??? cheers maybe to reach 25000 pages of people with cash burned and less than 1% rich
Thanks for the cash.
"I made all my money by selling too soon"
  • #374,915
  • Jan 28, 2011 5:14am Jan 28, 2011 5:14am
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Quoting PhAnTi'
3700. 3695. 3680. below big bang boom.

What do you think phanti?
  • #374,916
  • Jan 28, 2011 5:16am Jan 28, 2011 5:16am
Quoting Bleek
Thanks for the cash.
I trade for others, so thank them hahaha, not really, they are chill with me trading, bou I know a few who likes to burn them with extra pips
  • #374,917
  • Jan 28, 2011 5:17am Jan 28, 2011 5:17am
S_H_S
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  • #374,918
  • Jan 28, 2011 5:17am Jan 28, 2011 5:17am
Quoting Santana33
I trade for others, so thank them hahaha, not really, they are chill with me trading, bou I know a few who likes to burn them with extra pips
You know what, I think I'd find it 10x more difficult to trade other peoples money?

Whereas I'm now very comfortable sticking loads of my own on the line.

Hope it goes well for you.
"I made all my money by selling too soon"
  • #374,919
  • Jan 28, 2011 5:20am Jan 28, 2011 5:20am
Quoting ldre
Attachment


What do you think phanti?
imho 3740 area is good place to sell the rally.
But 3800 might be in play.

lets see for daily close.
daily chart shows some drop starting next week, 100-200 pips at least.

Lets see
phanti
Hero calls followed by margin calls...
  • #374,920
  • Jan 28, 2011 5:22am Jan 28, 2011 5:22am
Quoting Bleek
You know what, I think I'd find it 10x more difficult to trade other peoples money?

Whereas I'm now very comfortable sticking loads of my own on the line.

Hope it goes well for you.
Especially if people you're trading for look like these:

http://blogs.warwick.ac.uk/images/mh...f?maxWidth=500
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