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EURUSD

  • #399,181
  • Mar 2, 2011 9:41am Mar 2, 2011 9:41am
Quoting buonvangvn
hello 1.39

you pick that one just right
  • #399,182
  • Mar 2, 2011 9:42am Mar 2, 2011 9:42am
...
Attached Image
Look Sharp/Trade Tight
  • #399,183
  • Mar 2, 2011 9:42am Mar 2, 2011 9:42am
On our way 395768
  • #399,184
  • Mar 2, 2011 9:42am Mar 2, 2011 9:42am
Quoting Mr Hatch
r2
and r1 weekly
  • #399,185
  • Mar 2, 2011 9:42am Mar 2, 2011 9:42am
Quoting ukdaytrader
Why do people think we're stopping here for the day...?
We've been hovering around 1.38 for a good while now, so this breakout could prove very strong.

Put it this way, if the big players have waited this long and made this much effort to break 1.385, you think they'll stop for the day now...?

ADRs are meaningless when we see such a move.
I do it like this:

Usually when Im late on trend following trades, I wait for counter trade. I mostly enter a trade on H1, sometimes on m15 but taking in consideration hourly candle.

Its important to know how to counter the trade if u are late on trend trade. I dont mind really how far it goes UP today as I am stalking it and w8ing it for a nice Countertrend ambush.
  • #399,186
  • Mar 2, 2011 9:43am Mar 2, 2011 9:43am
Quoting arunsideas
Strong Up signs... all 4H, 1H & 15M
what is the indicator called of your candles on the right?
  • #399,187
  • Mar 2, 2011 9:44am Mar 2, 2011 9:44am
Quoting suthmo
Based on classified experimental research. Very frustrating not being able to discuss my work. Have a look at my bio for a bit more info.
'classified experimental research' ... oh a Demo account? lol
  • #399,188
  • Mar 2, 2011 9:45am Mar 2, 2011 9:45am
Quoting Texas.Rich
'classified experimental research' ... oh a Demo account? lol
suthmo's voodoo
  • #399,189
  • Mar 2, 2011 9:46am Mar 2, 2011 9:46am
Quoting gatorinla
looking for a candle if all else is right at 3885.5 area.. scalp.. risky
took one at 3889.. all my ducks were not lined up.. i suspect we will hit 3891 still.. sl is tight.. just a scalp atm
those who can, do. those who cant, talk about those who can
  • #399,190
  • Mar 2, 2011 9:46am Mar 2, 2011 9:46am

Quoting T@rantula


You dont buy into resistance.You know how it should be done. Because of that even if ur trade goes wrong I appreciate it. You are direct and concise.

I may only SELL till the rest of the day. I wont enter a long by ANY means today.
  • #399,191
  • Mar 2, 2011 9:47am Mar 2, 2011 9:47am
Quoting T@rantula
I do it like this:

Usually when Im late on trend following trades, I wait for counter trade. I mostly enter a trade on H1, sometimes on m15 but taking in consideration hourly candle.

Its important to know how to counter the trade if u are late on trend trade. I dont mind really how far it goes UP today as I am stalking it and w8ing it for a nice Countertrend ambush.

A nice bounce will be in the offing soon enough, but with such Dollar weakness, it's likely to be a smash and grab imo.
  • #399,192
  • Mar 2, 2011 9:48am Mar 2, 2011 9:48am
No, we r on R2
Quoting magicpips
long positions, please be careful, as there is a divergence, and we're on R3
  • #399,193
  • Mar 2, 2011 9:50am Mar 2, 2011 9:50am
Don't you guys remember what happened LAST MONTH? A month of tough talk on inflation then dovish at the official press conference...I suspect this will happen again tmrw. Better sell high here...

Sold .3885 sl .3960
Will add more at .3945
Twitter: @TrendersGame
  • #399,194
  • Mar 2, 2011 9:50am Mar 2, 2011 9:50am
Quoting ukdaytrader

A nice bounce will be in the offing soon enough, but with such Dollar weakness, it's likely to be a smash and grab imo.
yes. its hard to do a proper swing trades in these market conditions. 15 -35 pips per counter swing intraday
  • #399,195
  • Mar 2, 2011 9:51am Mar 2, 2011 9:51am
Now the resistance 3860 has become support. Looking to start building longs here..
  • #399,196
  • Mar 2, 2011 9:52am Mar 2, 2011 9:52am
what is the value of the USD dollar?..
  • #399,197
  • Mar 2, 2011 9:52am Mar 2, 2011 9:52am
Quoting DBallerz
what is the indicator called of your candles on the right?
Pipware.minichart from pipware.com
  • #399,198
  • Mar 2, 2011 9:53am Mar 2, 2011 9:53am
Quoting arunsideas
Pipware.minichart from pipware.com
what a coincidence.
  • #399,199
  • Mar 2, 2011 9:53am Mar 2, 2011 9:53am
Quoting T@rantula
yes. its hard to do a proper swing trades in these market conditions. 15 -35 pips per counter swing intraday
I have been trying to get some trades started on the daily chart on other currencies (always .01 leverage since it's new territory for me).

Not sure what the deal is... but I can't seem to get a read on price what so ever. 24 hours is a long time, sure, but a candle is a candle is a candle.

Maybe I should just stick with scalping.
  • #399,200
  • Mar 2, 2011 9:54am Mar 2, 2011 9:54am
Quoting Black Hole
1st long at 1,3747, SL is placed at BE.
TP hit. Now I can buy a car!
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