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EURUSD

  • #394,501
  • Feb 23, 2011 9:57am Feb 23, 2011 9:57am
Sometimes you eat the bar, sometimes the bar eats you....
Look Sharp/Trade Tight
  • #394,502
  • Feb 23, 2011 9:57am Feb 23, 2011 9:57am
Quoting PhAnTi'
and phanti going to deliver some pizzas next 6 hours......

moonlighting.

see ya tomorrow guys.
Peace Phanti
  • #394,503
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting Venice
I see this as well. Just seeing a minor pullback to let it rest before we complete the upmove to R2.

Then again, one of my biggest issues right now, is getting rid of the idea that price 'has to' complete certain levels.

More often then not, it goes and gets it's pips, but those times when it doesn't can really leave you hanging high and dry.
maybe set tp's a few pips short of the technical target levels...
  • #394,504
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting FibbinArchie
gone into a minor congestion for now, but will not consider anything counter trend until London closes and even then just for scalps...

wise a lot of traders dont pay attention to london close its really important, %90 of time it gos up cable too
  • #394,505
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting PayTheLimit
Sometimes you eat the bar, sometimes the bar eats you....
actually i use to drink in a bar
Hero calls followed by margin calls...
  • #394,506
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting PhAnTi'
and phanti going to deliver some pizzas next 6 hours......

moonlighting.

see ya tomorrow guys.
later phanti. hope you had a good trading day.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #394,507
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting PhAnTi'
and phanti going to deliver some pizzas next 6 hours......

moonlighting.

see ya tomorrow guys.
l8rz phanti...
  • #394,508
  • Feb 23, 2011 9:58am Feb 23, 2011 9:58am
Quoting FibbinArchie
working with the contrarian ethos, the irrational becomes rational...

Not saying I'm exactly there yet, I often have "wtf" moments, but I'm working at it...
LOL!

Based on my trading style, this is one of those times that if I were to put on a trade, it'd be more gambling than having the odds with me. My style's served me well but everyone needs to find a style that works for them. I've found that if I try to adopt someone else's style and I'm not comfortable with it, it's a guaranteed money loser for me.
  • #394,509
  • Feb 23, 2011 9:59am Feb 23, 2011 9:59am
Quoting PhAnTi'
and phanti going to deliver some pizzas next 6 hours......

moonlighting.

see ya tomorrow guys.

be good leave the pipe at home
  • #394,510
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
Quoting kill56
wise a lot of traders dont pay attention to london close its really important, %90 of time it gos up cable too
I wouldn't say it goes up, but there is definitely a high percentage of a reversal of london's action happening here.
  • #394,511
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
lets see if we r breaking this tl...
Attached Image (click to enlarge)
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  • #394,512
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
Wait, wait...let me get this right..the news was in favour of USD but EURUSD shot up? Whats going on here?
  • #394,513
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
This pullback is at an interesting point
Do your time and enjoy the ride...
  • #394,514
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
usd/chf good buying opportunities for long term positions :]
  • #394,515
  • Feb 23, 2011 10:00am Feb 23, 2011 10:00am
Quoting kill56
be good leave the pipe at home
still convinced non-smoker


ok.

over and out !


see ya
Hero calls followed by margin calls...
  • #394,516
  • Feb 23, 2011 10:01am Feb 23, 2011 10:01am
Quoting pinkiaiii
usd/chf good buying opportunities for long term positions :]
can you remember the break of eurchf histo low last winter? ouch....
Hero calls followed by margin calls...
  • #394,517
  • Feb 23, 2011 10:01am Feb 23, 2011 10:01am
Quoting PhAnTi'
nope you cant. maybe you can calculate a tendency ....but a avergae value wont help you to spot S+R etc...
not trying to do that. (spot S+r)

just purely interested in the strength of one to another, not correlation.
  • #394,518
  • Feb 23, 2011 10:02am Feb 23, 2011 10:02am
Quoting kill56
wise a lot of traders dont pay attention to london close its really important, %90 of time it gos up cable too
Yeah agree Kill, all the session openings and closes are important, getting a feel for them comes with experience, but they can provide excellent entry opportunities for catching large pip counts...
  • #394,519
  • Feb 23, 2011 10:02am Feb 23, 2011 10:02am
Quoting PhAnTi'
actually i use to drink in a bar
have one on me bud...
Look Sharp/Trade Tight
  • #394,520
  • Feb 23, 2011 10:02am Feb 23, 2011 10:02am
Good Luck.

Im done for today.

T
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