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Price is everything

  • #7,481
  • Feb 2, 2011 3:19am Feb 2, 2011 3:19am
Quoting redsword11
bought loony @ 0.98785



....... and thanks everyone, comments aand thoughts


lets get to it
Hi Red, Did you close previous 2 Longs on Loonie?
Also,may i ask about the Stops and Target areas?
Thanks
  • #7,482
  • Feb 2, 2011 3:27am Feb 2, 2011 3:27am
Hi Red,

I'm new to this forum and I'm very interested in Forex. I have tried many different strategies and none has worked for me so far. I am trying to understand your strategy.

1.) Can you tell me please what time frame I should look ( 5M,15M,30m...) before I place a trade ?

and

2.) How many pairs do you watch at the same time?

Thanks

Ele.
  • #7,483
  • Feb 2, 2011 3:28am Feb 2, 2011 3:28am
Red rules. Ok.

Quoting emene
Hi all. Trying long swissy and UJ.
Attached Image (click to enlarge)
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Hello.
  • #7,484
  • Feb 2, 2011 3:37am Feb 2, 2011 3:37am
Quoting willkohsg
Hi Red, Did you close previous 2 Longs on Loonie?
Also,may i ask about the Stops and Target areas?
Thanks


minor postions still running on first 2 longs - closed most earlier


stops @ 0.98577


tg open for now, this can go for a few from here assuming it turns - just have to monitor PA

Attached Image (click to enlarge)
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  • #7,485
  • Feb 2, 2011 3:37am Feb 2, 2011 3:37am
Just to recap,
was it triangle, or was it news?
http://img145.imageshack.us/img145/4...trianglene.png
  • #7,486
  • Feb 2, 2011 3:37am Feb 2, 2011 3:37am
Good morning everyone, its a pleasure to have you back Red
Did my best filling this thread with charts in your absence allthough none are as good as yours

Waiting for a resolution of this demand zone to determine scalping direction.
Longs are pretty much done for me, looking to position myself for shorts now
Attached Image (click to enlarge)
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  • #7,487
  • Feb 2, 2011 3:52am Feb 2, 2011 3:52am
Quoting Orbital
Good morning everyone, its a pleasure to have you back Red
Did my best filling this thread with charts in your absence allthough none are as good as yours

Waiting for a resolution of this demand zone to determine scalping direction.
Longs are pretty much done for me, looking to position myself for shorts now

don't discount yourself, your charts are clear and defined

........ and its good to see you Orbital



closed most eu here
  • #7,488
  • Edited 4:33am Feb 2, 2011 4:03am | Edited 4:33am
Morning All,

To be honest, this morning I am struggling to find any set ups on M30 and M15 TF across all pairs with decent RR that I can develop into trades.

Long EJ off 112.50 looked the best but was unable to justify a tight stop.

Regards,
  • #7,489
  • Feb 2, 2011 4:05am Feb 2, 2011 4:05am
This GBP is again on steroids, to the pip!
http://img96.imageshack.us/img96/424...trianglene.png
  • #7,490
  • Feb 2, 2011 4:31am Feb 2, 2011 4:31am
Not sure if the flagpole structure is technically correct, but it looks like a pennant with consolidation within a symmetrical triangle.

Pennant suggests the market is happy with current rates, however as this is a continuation pattern the consolidation could be short lived and therefore we should monitor price action for breakout to the north.
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  • #7,491
  • Feb 2, 2011 4:32am Feb 2, 2011 4:32am
Attached Image (click to enlarge)
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...... and sold
  • #7,492
  • Feb 2, 2011 4:47am Feb 2, 2011 4:47am
Quoting budak baru
target hit...
Gold Expedition Return This Year: -15.9%
  • #7,493
  • Feb 2, 2011 4:51am Feb 2, 2011 4:51am
Quoting budak baru
welcome back red.
hope ucef reach too.
Gold Expedition Return This Year: -15.9%
  • #7,494
  • Feb 2, 2011 4:56am Feb 2, 2011 4:56am
Quoting budak baru
hi folks.demand area?im looking for long..
ej reach demand area n bounce.im looking long at 112.58(retest support again)...
Attached Image (click to enlarge)
Click to Enlarge Name: ej311.png Size: 35 KB
Gold Expedition Return This Year: -15.9%
  • #7,495
  • Feb 2, 2011 4:57am Feb 2, 2011 4:57am
GF
Attached Image (click to enlarge)
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Hello.
  • #7,496
  • Feb 2, 2011 5:02am Feb 2, 2011 5:02am
biggest cyclone in 100 years about to hit aus,think the aus dollar could tank
  • #7,497
  • Feb 2, 2011 5:09am Feb 2, 2011 5:09am
scalped loony and kiwi for now
  • #7,498
  • Feb 2, 2011 5:11am Feb 2, 2011 5:11am
Not too bad so far. Let's see how it behave at this green zone.

Quoting emene
long EJ @ 112.56
Attached Image(s) (click to enlarge)
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Hello.
  • #7,499
  • Feb 2, 2011 5:12am Feb 2, 2011 5:12am
red have you traded catastrophes,whats your take on this cyclone
  • #7,500
  • Feb 2, 2011 5:15am Feb 2, 2011 5:15am
Quoting pipsqeek
red have you traded catastrophes,whats your take on this cyclone
Gartley got into a cyclone?
http://pictureup.cz/picture/verejny/...ne+gartley.png
Might put him down... :-)
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