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  • #399,201
  • Mar 2, 2011 9:54am Mar 2, 2011 9:54am
Testing times for the Dollar.
Not there yet but
if 76.14 doesn't hold......
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You can remain irrational longer than you can remain solvent.
  • #399,202
  • Mar 2, 2011 9:57am Mar 2, 2011 9:57am
Quoting jezek5
Testing times for the Dollar.
Not there yet but
if 76.14 doesn't hold......
on the last touch, eu was around 300 pips higher.
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  • #399,203
  • Mar 2, 2011 9:58am Mar 2, 2011 9:58am
Quoting Black Hole
1st long at 1,3747, SL is placed at BE.
TP at 1,3887 hit. Now I can buy myself a nice sport car !!

Done for today.

Cheers!
  • #399,204
  • Mar 2, 2011 9:59am Mar 2, 2011 9:59am
I now have an upside figure of 1.4307. Then potentially 1.4840. Crazy I know......

Small steps, will play it how I see it.....
  • #399,205
  • Mar 2, 2011 9:59am Mar 2, 2011 9:59am
Quoting Venice
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.
If u ask me..

Go with the H1 or m15. Dont go dailies mate..
  • #399,206
  • Mar 2, 2011 10:00am Mar 2, 2011 10:00am
Quoting Mr Hatch
on the last touch, eu was around 300 pips higher.
Yes,and on both touches there were just
3% Dollar bulls,no wonder it went up then.
Don't know the % this time but would think
far more than 3%
Good to see you Hatch.
You can remain irrational longer than you can remain solvent.
  • #399,207
  • Mar 2, 2011 10:00am Mar 2, 2011 10:00am
Quoting Black Hole
TP hit. Now I can buy a car!
what kind of car? put some pictures
  • #399,208
  • Mar 2, 2011 10:01am Mar 2, 2011 10:01am
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. My projection is showing a little try at breaking 3900 might go through by 4/5 pips Adjust sell to 3899 and the few pips to 904/5 is my spread.
simple 1x1 area

first move: 1.3745 to 1.3841
second move: 1.3807 to 1.3903
Don't have an ego. Always question yourself and your ability.
  • #399,209
  • Mar 2, 2011 10:01am Mar 2, 2011 10:01am
shorted @ 3880...babysitting it
  • #399,210
  • Mar 2, 2011 10:02am Mar 2, 2011 10:02am
Quoting jezek5
Yes,and on both touches there were just
3% Dollar bulls,no wonder it went up then.
Don't know the % this time but would think
far more than 3%
Good to see you Hatch.
infinitus is keeping an eye on this. i think, he mentioned around 7% yesterday, though I'm not sure.
  • #399,211
  • Mar 2, 2011 10:03am Mar 2, 2011 10:03am
Quoting gatorinla
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
target 3862.4 obviously close to 3861 (i post what pa tells me) mid 3876.2
target valid w/o a new high..
those who can, do. those who cant, talk about those who can
  • #399,212
  • Mar 2, 2011 10:04am Mar 2, 2011 10:04am
Quoting T@rantula
If u ask me..

Go with the H1 or m15. Dont go dailies mate..

Yup, and I don't mind H1's as well too, or even the occasional H4.

It's become a little project of mine, because it doesn't make any sense to me.

Really, not big of a deal as I try things out here, since 100 pips is only worth 10$. (And these are drawdowns I expect on this magnitude of a chart).

But, I see the flow on the dailies, everything works exactly the same. And yet to no avail. Only thing that sucks, is that it can easily take 2-3 days for a currency to show it's direction. Maybe I just need to add more patience.

I also only look for opportunities where the swap is positive in the direction I trade. It's always good to have a few long termer's running while scalping away at the 5/15m, talking 3-4 day minimum trades.
  • #399,213
  • Mar 2, 2011 10:04am Mar 2, 2011 10:04am
Quoting ukdaytrader
I now have an upside figure of 1.4307. Then potentially 1.4840. Crazy I know......

Small steps, will play it how I see it.....
I'm eyeballing 1.3103 then maybe 1.1403
  • #399,214
  • Mar 2, 2011 10:04am Mar 2, 2011 10:04am
eu heads to 1.4
  • #399,215
  • Mar 2, 2011 10:04am Mar 2, 2011 10:04am
Quoting Mr Hatch
infinitus is keeping an eye on this. i think, he mentioned around 7% yesterday, though I'm not sure.
Thanks very much for that,
Googled it but lost interest
going though stuff i didn't want.
You can remain irrational longer than you can remain solvent.
  • #399,216
  • Mar 2, 2011 10:07am Mar 2, 2011 10:07am
Quoting T@rantula
shorted @ 3880...babysitting it
And i need to go now....

Closed + 9

For others who are keeping the trade. 3895 should be s/l

Levels to watch 3860, 3835
  • #399,217
  • Mar 2, 2011 10:07am Mar 2, 2011 10:07am
be back for asia.
  • #399,218
  • Mar 2, 2011 10:07am Mar 2, 2011 10:07am
Quoting nebuman213
I'm eyeballing 1.3103 then maybe 1.1403
Ooooh, interesting. Want to share your reasons why.?
  • #399,219
  • Mar 2, 2011 10:08am Mar 2, 2011 10:08am
Seen different remarks about R2 and R3 but my chart show daily R2 as 1.3887 and weekly R2 1.3884.
  • #399,220
  • Mar 2, 2011 10:09am Mar 2, 2011 10:09am
Quoting fxcg
Now the resistance 3860 has become support. Looking to start building longs here..
To be honest ... I would like to see where we wll have our daily closing at first ...

Could be a typical 'buy the rumors sell the facts' situation ...

Tomorrow after ECB ... some participitiants might get a little headaches again ...



And then they are all suprised that ECB will do nothing than verbal rate hikes ...

he he ^^

A little bit hot air here ... a little bit stinky air there ...



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