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  • #411,941
  • Mar 23, 2011 7:46am Mar 23, 2011 7:46am
Got out the longs for good profits made small loss on a short this AM

didnt post on here but when the price got severly rejected at 14200 i reopened short.

It does look like we are now seeing a nice correction in this pair.
could see 150 odd points from this .
rat
  • #411,942
  • Edited 7:50am Mar 23, 2011 7:48am | Edited 7:50am
i'm long at 1.4147

daily standard s2 = 1,4137
daily camarilla s4 = 1,4156
weekly camarilla s1= 1,4150

hope some pips... pure technical...
  • #411,943
  • Mar 23, 2011 7:49am Mar 23, 2011 7:49am
The points about uk rate decision are being broadcast live atm by the chancellor.
confirming what the agent said earlier, adding that employment set too peak this year .
Am sure large investor will be taking note as a cue to eur rates .
Turkey also kept there rates the same today.
maybe not in forex but for me facts would influence my investing rather than talk of what may happen.
making green pips large and red pips small this is my goal.
  • #411,944
  • Mar 23, 2011 7:56am Mar 23, 2011 7:56am
Doji on H1. It's amazing to watch the battle in the last few mins to close higher or lower.
We're all stories in the end. Just try to make it a good one.
  • #411,945
  • Mar 23, 2011 7:57am Mar 23, 2011 7:57am
Hey Snatch,
You should come here more often... but your posts are always valued (I'm sorry I missed teh one at 1.4245)

Cloggie is on holidays

Quoting snatch
closed most trades for 100+ pips... 4080-4110 will be final target for this move..


PS where is cloggie, phanti, hatch,... lots of new faces here!
  • #411,946
  • Mar 23, 2011 7:58am Mar 23, 2011 7:58am
Quoting BrunargarFx
Target 1 reached at 1.4137. I don't see any major obstacle to reach 1.4106 (?)
Hope we get there during NY
I am fairly new to forex, but it looks to my that we might be stting right on the daily trend line on a pullback. Correct me if I am wrong. Thanks
  • #411,947
  • Mar 23, 2011 8:00am Mar 23, 2011 8:00am
Quoting snatch
closed most trades for 100+ pips... 4080-4110 will be final target for this move..


PS where is cloggie, phanti, hatch,... lots of new faces here!
and few old asses as well
The Thief of Wall Street
  • #411,948
  • Mar 23, 2011 8:01am Mar 23, 2011 8:01am
Quoting Traderji
Doji on H1. It's amazing to watch the battle in the last few mins to close higher or lower.
Actually its a spinning top.
  • #411,949
  • Mar 23, 2011 8:01am Mar 23, 2011 8:01am
Quoting Traderji
Doji on H1. It's amazing to watch the battle in the last few mins to close higher or lower.

Brilliant. In the last few seconds, they took it higher and closed the bar 1pip above open. Bears are exhausted IMHO. Taking a long scalp. tight stops.
We're all stories in the end. Just try to make it a good one.
  • #411,950
  • Mar 23, 2011 8:04am Mar 23, 2011 8:04am
only a wick below 38.x on the hourly, but don't like the fact it pierced...
  • #411,951
  • Mar 23, 2011 8:05am Mar 23, 2011 8:05am
Getting out at 1.4154
Attached Image (click to enlarge)
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  • #411,952
  • Mar 23, 2011 8:07am Mar 23, 2011 8:07am
Quoting rattyo
Got out the longs for good profits made small loss on a short this AM

didnt post on here but when the price got severly rejected at 14200 i reopened short.

It does look like we are now seeing a nice correction in this pair.
could see 150 odd points from this .
don't forget we that we have a shed load of eu bailout garbage coming over the nexy cpl of days and that top/subsequent sell off isn't very convincing...
  • #411,953
  • Mar 23, 2011 8:07am Mar 23, 2011 8:07am
Quoting Chicky
and few old asses as well
hey chicky!

nice to see you are still surviving....
  • #411,954
  • Mar 23, 2011 8:07am Mar 23, 2011 8:07am
Quoting Larseg
My short answer would be...

1. Spread affects you less while trading FX if you have a longer pip look...

2. Risk & Reward can be pretty much the same, but make sure the morning gap is not affecting you in stock trading... meaning close the position if there is a possibility for opening lower than your potential wanted risk level... Hard to calculate as we had Tokyo disaster opening down 11%... Same as in september 2008......
if you call it differences then i guess it is to you. thanks for the effort.
  • #411,955
  • Mar 23, 2011 8:09am Mar 23, 2011 8:09am
Just out of curiosity...
Anyone saw Mr 75% that appear here yesterday? Is he alright?
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #411,956
  • Mar 23, 2011 8:09am Mar 23, 2011 8:09am
49.8 mid to 67.6
55 or 44 may stop it.
those who can, do. those who cant, talk about those who can
  • #411,957
  • Mar 23, 2011 8:11am Mar 23, 2011 8:11am
Quoting gatorinla
49.8 mid to 67.6
55 or 44 may stop it.
are you still bearish at these levels G? I've gone from st bullish to neutral with pierce of Monday's low...

contrarian sentiment? let's see, although playing both sides for scalps...
  • #411,958
  • Mar 23, 2011 8:13am Mar 23, 2011 8:13am
Hi Tarantula,

What makes it a reversal ?


Quoting T@rantula
EU is in a positive reversal. It needs to exit from OB zone thus the sell off. 4084 is possible today
  • #411,959
  • Mar 23, 2011 8:16am Mar 23, 2011 8:16am
Quoting paul1
The points about uk rate decision are being broadcast live atm by the chancellor.
confirming what the agent said earlier, adding that employment set too peak this year .
Am sure large investor will be taking note as a cue to eur rates .
Turkey also kept there rates the same today.
maybe not in forex but for me facts would influence my investing rather than talk of what may happen.

Turkey really rock these markets investers on the edges of there seat with economic data coming from there
rat
  • #411,960
  • Mar 23, 2011 8:16am Mar 23, 2011 8:16am
Quoting gatorinla
49.8 mid to 67.6
55 or 44 may stop it.
nailed it yet again...
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