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Price is everything

  • #10,841
  • Mar 2, 2011 7:23am Mar 2, 2011 7:23am
around 0.91700 is daily 127 extension on swissy
  • #10,842
  • Mar 2, 2011 7:31am Mar 2, 2011 7:31am
Quoting maurofx
Stopped out on USDCHF long. It seems it's gonna fell off the monitor...
Why any of you would long swissy is beyong my comprehension. USD is in a fuckshit of a situation, theyre about 100$ Billion away from hitting their debt ceiling.

Euro is targeting 1.42 it broke above 3660 so a retest at 3660 is what im going to do now.

Sitting on sidelines for now.
  • #10,843
  • Mar 2, 2011 7:31am Mar 2, 2011 7:31am
Had this great PA trade on GBP/USD 5min 30 pips in 30 minutes
Attached Image (click to enlarge)
Click to Enlarge Name: Forex Factory GBP trade.JPG Size: 77 KB
  • #10,844
  • Mar 2, 2011 7:41am Mar 2, 2011 7:41am
Quoting Orbital
Why any of you would long swissy is beyong my comprehension. USD is in a fuckshit of a situation, theyre about 100$ Billion away from hitting their debt ceiling.

Euro is targeting 1.42 it broke above 3660 so a retest at 3660 is what im going to do now.

Sitting on sidelines for now.
If this is not a setup for taking a long trade, then I don't know wich one could be. After the price is rejected on hourly from the historicall low, the area has already rejected price plenty of times and just risking 20 pips, I believe it's a pretty good RRR.
And yes, USD is in a bad situation, so is EUR... It was worth a shot imho.
  • #10,845
  • Mar 2, 2011 7:56am Mar 2, 2011 7:56am
confluences suggest another turn now
  • #10,846
  • Mar 2, 2011 8:02am Mar 2, 2011 8:02am
RED, any plan with kiwi?
  • #10,847
  • Mar 2, 2011 8:05am Mar 2, 2011 8:05am
Quoting anthoniex
RED, any plan with kiwi?

yes, flag will complete after it drops first - let it drop
  • #10,848
  • Mar 2, 2011 8:07am Mar 2, 2011 8:07am
Jesus managed to get into rank 10 in the contest. This is so hilarious, scalping audusd on live and trading gbpusd completely recklessly on the contest

Im loving it.
  • #10,849
  • Mar 2, 2011 8:08am Mar 2, 2011 8:08am
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: kiwi.jpg Size: 61 KB




this will still happen but will dip first, then rally again
  • #10,850
  • Mar 2, 2011 8:09am Mar 2, 2011 8:09am
tried to pick up tops on au and eu for today. back in a few minutes to show how red my hands are.
Hello.
  • #10,851
  • Mar 2, 2011 8:12am Mar 2, 2011 8:12am
losses michael?
  • #10,852
  • Mar 2, 2011 8:15am Mar 2, 2011 8:15am
Quoting redsword11
Attachment



this will still happen but will dip first, then rally again
I dont get it, youre expecting this to go all the way up pre earthquake levels?
  • #10,853
  • Mar 2, 2011 8:19am Mar 2, 2011 8:19am
Maybe soon Playing with fire here.

Quoting Orbital
losses michael?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 11 KB
Click to Enlarge Name: au.gif Size: 14 KB
Hello.
  • #10,854
  • Mar 2, 2011 8:21am Mar 2, 2011 8:21am
Quoting Orbital
I dont get it, youre expecting this to go all the way up pre earthquake levels?

demand goes to supply regardless
  • #10,855
  • Mar 2, 2011 8:24am Mar 2, 2011 8:24am
Quoting Orbital
Jesus managed to get into rank 10 in the contest. This is so hilarious, scalping audusd on live and trading gbpusd completely recklessly on the contest

Im loving it.
Keep it up and stay cool headed
Love the AUD now, eh? thumbs up!!!
  • #10,856
  • Mar 2, 2011 8:24am Mar 2, 2011 8:24am
Well...I'm very tempted to press the buttom without much thinking and trying to chase trades, besides I'm tired...so I'll take what I've done today and will take the rest of the day for me.
Wish you good trades to all fellas!! See you tomorrow in late Asia!
Thanks for the kind company!!
  • #10,857
  • Mar 2, 2011 8:24am Mar 2, 2011 8:24am
pound and dollar approaching VERY important levels, keep ur eyes opened: http://forexoholic.blogspot.com/p/long-term-views.html
  • #10,858
  • Mar 2, 2011 8:30am Mar 2, 2011 8:30am
Right. Reacted at the top of the daily pivot bar.

Quoting lukaz_86
pound and dollar approaching VERY important levels, keep ur eyes opened: http://forexoholic.blogspot.com/p/long-term-views.html
Hello.
  • #10,859
  • Mar 2, 2011 8:30am Mar 2, 2011 8:30am
bought USDDKK @ 5.3789
  • #10,860
  • Mar 2, 2011 8:34am Mar 2, 2011 8:34am
real fcuking tight compression on gold - watch it ...........
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