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  • #404,881
  • Mar 11, 2011 12:49am Mar 11, 2011 12:49am
Quoting Pipwanderer
erm..it can go sideways too...time will tell..
yes and that is most frustrating...or some good point for scalping
  • #404,882
  • Mar 11, 2011 12:49am Mar 11, 2011 12:49am
Quoting Chicky
My deep sympathy for those got affected by this disaster. I will try to help once again after staying away from this cause for the past several years.

Going to bed. I am not supposed to trade after 12:30 midnight (its 3:45 a.m. now), but I always manage to slip out of bed.
no dog kicking
  • #404,883
  • Mar 11, 2011 12:49am Mar 11, 2011 12:49am
Good Morning guys,
I would preffer to go sligthly up first. Then, maybe, another drop, if any at all.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_3_11.gif Size: 25 KB


And daily:

Attached Image (click to enlarge)
Click to Enlarge Name: eu_3_11a.gif Size: 27 KB
Follow my trading on Twitter and FB: @pumlitch
  • #404,884
  • Mar 11, 2011 12:50am Mar 11, 2011 12:50am
Quoting Piters
carefull with DPP my friend, the sudden correction can easily become a bull flag
to repost again my post re: EUR daily position:

look the parallel chanel we stop, and why 3800 was my expected reversal area
my 2 charts Daily and 4h.. still in RUN.. pay attention on 4h chanel turning BULL flag..

[Charts]
Attached Image(s) (click to enlarge)
Click to Enlarge Name: magix11.gif Size: 28 KB
Click to Enlarge Name: magix12.gif Size: 28 KB
  • #404,885
  • Mar 11, 2011 12:51am Mar 11, 2011 12:51am
Quoting Zinc
yes and that is most frustrating...or some good point for scalping
if you have quick fingers...
  • #404,886
  • Mar 11, 2011 12:51am Mar 11, 2011 12:51am
Quoting infinitus
look at 1min chart

EW triangle with leg E ready, now eventually surge up
Huh mate, i never look m1 also not an Elliot waves disciple.

But thank you anyway. Its Friday so we can expect unexpected.
  • #404,887
  • Mar 11, 2011 12:51am Mar 11, 2011 12:51am
Just took a long trade on eu off 4hr.. seems like a logical entry
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 154 KB
  • #404,888
  • Mar 11, 2011 12:51am Mar 11, 2011 12:51am
my prayers for Jap.
  • #404,889
  • Mar 11, 2011 12:52am Mar 11, 2011 12:52am
Quoting infinitus
scalp long @ 3829

SL 3824

TP 3843


sold @ 3832 + 3 pips
  • #404,890
  • Mar 11, 2011 12:52am Mar 11, 2011 12:52am
Quoting infinitus
Hi Prashant,

it is not frustrating, it is fun
frustration is Fun = good philosophy

But let me guess i need a break and this may be the better time to have one ? bye for one week and will be monitoring some moves

have almost safe trading all you people out there in FF
finding A M S
  • #404,891
  • Mar 11, 2011 12:53am Mar 11, 2011 12:53am
Quoting Piters
to repost again my post re: EUR daily position:

look the parallel chanel we stop, and why 3800 was my expected reversal area
my 2 charts Daily and 4h.. still in RUN.. pay attention on 4h chanel turning BULL flag..

[Charts]
Quoting Pumlitch
Good Morning guys,
I would preffer to go sligthly up first. Then, maybe, another drop, if any at all.

Attachment

And daily:

Attachment
Follow my trading on Twitter and FB: @pumlitch
  • #404,892
  • Mar 11, 2011 12:53am Mar 11, 2011 12:53am
Quoting Zinc
Is this an opportunity for short or the bulls will push north? i am a newbie be tolerant
wow, how authorotive is that for a newbie ?
  • #404,893
  • Mar 11, 2011 12:53am Mar 11, 2011 12:53am
Quoting jezek5
Was short at 85,got stopped at 3905,got short again at
3925,still live.
Cheers.
TP stop hit at 35,done on fiber for
the week,got nice long on Ausse.
Trade called in Aussie thread.
Cheers.
You can remain irrational longer than you can remain solvent.
  • #404,894
  • Mar 11, 2011 12:53am Mar 11, 2011 12:53am
Quoting Piters
to repost again my post re: EUR daily position:

look the parallel chanel we stop, and why 3800 was my expected reversal area
my 2 charts Daily and 4h.. still in RUN.. pay attention on 4h chanel turning BULL flag..

[Charts]
what about your daily gann, seems that its turned negative, does that concern you at all?
Look Sharp/Trade Tight
  • #404,895
  • Mar 11, 2011 12:54am Mar 11, 2011 12:54am
I don't think that the charts are for something today .... in each second the situation can change
  • #404,896
  • Mar 11, 2011 12:55am Mar 11, 2011 12:55am
Quoting T@rantula
Huh mate, i never look m1 also not an Elliot waves disciple.

But thank you anyway. Its Friday so we can expect unexpected.


Haha, forgot that you are on larger TF's.

But to have an eye on 1 and 5 min for entry purpose is not such a bad thing, I think ;-)


Best to you,

Markus
  • #404,897
  • Mar 11, 2011 12:56am Mar 11, 2011 12:56am
Quoting T@rantula
Huh mate, i never look m1 also not an Elliot waves disciple.

But thank you anyway. Its Friday so we can expect unexpected.

my suggestion would be = close your short its going up for today it may touch 3860 in london session only > as euro is acting as joker it will surely go up atleast today usd has lost out at 1.3833 ?
finding A M S
  • #404,898
  • Mar 11, 2011 12:56am Mar 11, 2011 12:56am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting Vilgax
just shorted from 1.3810 // tp 1.3780
my wtf stop which is always 8 or so pips above the 3/8 on 1 hour which in this case is 1.3848 was almost hit. 3/8 usually holds so lets see. should it go back under 3810 then my new tp is 3740. if wtf hit then will see....
The forex market has its own life and takes its own time.
  • #404,899
  • Mar 11, 2011 12:57am Mar 11, 2011 12:57am
Quoting Piters
to repost again my post re: EUR daily position:

look the parallel chanel we stop, and why 3800 was my expected reversal area
my 2 charts Daily and 4h.. still in RUN.. pay attention on 4h chanel turning BULL flag..

[Charts]
I see the point mate. My charts tell me if we go with a full swing we should have touched 3750- 3740. I took a short well 28 pips s/l, going for 3780-3750 eventually.
  • #404,900
  • Mar 11, 2011 12:58am Mar 11, 2011 12:58am
short @32
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