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Price is everything

  • #10,301
  • Feb 27, 2011 10:26pm Feb 27, 2011 10:26pm
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  • #10,302
  • Feb 27, 2011 10:30pm Feb 27, 2011 10:30pm
gbpcad is a bitch of a pair to trade... careful on that one. Eu is behaving nicely, scalped some aud long but out now
  • #10,303
  • Feb 27, 2011 10:38pm Feb 27, 2011 10:38pm
Quoting Orbital
gbpcad is a bitch of a pair to trade... careful on that one. Eu is behaving nicely, scalped some aud long but out now
........ it can be, measured risk - accepted loss before entry


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  • #10,304
  • Feb 27, 2011 10:42pm Feb 27, 2011 10:42pm
eu long
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  • #10,305
  • Feb 27, 2011 10:50pm Feb 27, 2011 10:50pm
Quoting .o0
eu long
Closed it.
Also closed Usd/cad.
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  • #10,306
  • Feb 27, 2011 11:15pm Feb 27, 2011 11:15pm
Quoting .o0
Closed it.
Also closed Usd/cad.

looks like that was a risky long to be honest, that demand zone wasnt really fully built yet but kudos,
  • #10,307
  • Feb 27, 2011 11:17pm Feb 27, 2011 11:17pm
Hi Red n guys.hope u all had nice weekends.for gu i will wait at these zone after gbp open...
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Gold Expedition Return This Year: -16.4%
  • #10,308
  • Feb 27, 2011 11:45pm Feb 27, 2011 11:45pm
eu looks good anyone fancy a short
up trendline could be a concern though, upward momentum is high as well
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  • #10,309
  • Feb 27, 2011 11:48pm Feb 27, 2011 11:48pm
Shorting euro is suicide.
  • #10,310
  • Feb 27, 2011 11:50pm Feb 27, 2011 11:50pm
A look at weekly chart. I think will go to meet 4000 re testing the first UTL, then we have 4300 zone and second UTL. Lots of fundamental releases for USD this week, if they give momentum through 3850 we could make it.. We'll have to hold tight. Strong S and R @ yellow lines.
I know long term charts is not the style of the thread, neither is mine for trading, but I always like to have a view of the big picture.
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  • #10,311
  • Feb 27, 2011 11:51pm Feb 27, 2011 11:51pm
Quoting Orbital
Shorting euro is suicide.
I could see that
Took a long scalp earlier on but get out too early, should've kept it for long term...
  • #10,312
  • Feb 28, 2011 12:14am Feb 28, 2011 12:14am
GU in a complicated situation. R in UTL from 2007 and 2008 high points, but it's been trading in an ascending wedge. Not so clear situation.
As usual, yellow lines are important S/R ZONES, not levels.
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  • #10,313
  • Edited 12:15am Feb 28, 2011 12:14am | Edited 12:15am
Quoting Orbital
looks like that was a risky long to be honest, that demand zone wasnt really fully built yet but kudos,
You are right Orbital. It was not an A++ setup.

Eu long scalp.
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  • #10,314
  • Feb 28, 2011 12:17am Feb 28, 2011 12:17am
Quoting .o0
You are right Orbital. It was not an A++ setup.

Eu long scalp.

By the time I submitd previous reply, the trade reached its destination.
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  • #10,315
  • Feb 28, 2011 12:22am Feb 28, 2011 12:22am
Quoting duyk20
eu looks good anyone fancy a short
up trendline could be a concern though, upward momentum is high as well
hey duky20,

I will taake a short scalp at 1.3775 area if I like Price movement.
Take Care.
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  • #10,316
  • Feb 28, 2011 12:29am Feb 28, 2011 12:29am
Quoting maurofx
GU in a complicated situation. R in UTL from 2007 and 2008 high points, but it's been trading in an ascending wedge. Not so clear situation.
As usual, yellow lines are important S/R ZONES, not levels.

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  • #10,317
  • Feb 28, 2011 12:46am Feb 28, 2011 12:46am
Quoting redsword11
Attachment
I havent spotted that one. Good one mate... Every rejection has been smaller then the previous one...lost of strenght
I got my eyes on the entry now... stop set below daily pivot...

UPDATE: out + 20. Will reload on the test of the broken triangle...if uit happens ....
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  • #10,318
  • Feb 28, 2011 12:54am Feb 28, 2011 12:54am
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might take a small buy
  • #10,319
  • Edited 1:09am Feb 28, 2011 12:55am | Edited 1:09am
Quoting .o0
hey duky20,

I will taake a short scalp at 1.3775 area if I like Price movement.
Take Care.
A short scalp. Stop loss = 0 pips

update = will close for 3 pips if this present candle reverses

Edit = closed for 3 pips.
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  • #10,320
  • Feb 28, 2011 1:18am Feb 28, 2011 1:18am
Quoting .o0
A short scalp. Stop loss = 0 pips

update = will close for 3 pips if this present candle reverses

Edit = closed for 3 pips.
Flipped.
A north scalp at R turned S zone.
No dd allowed.
Moreover price can turn south here as its at higher tf supply zone.
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