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  • #420,041
  • Apr 11, 2011 6:05pm Apr 11, 2011 6:05pm
Quoting Magix
Archie was correct on the freeze @ 666....

Hey, argue with whoever you want...if ya see a point to it...
Crappy range for first day of testing, good entries for 5 to 10 pip scalps mind, but need to bank profit right on the counter signal...
  • #420,042
  • Apr 11, 2011 6:07pm Apr 11, 2011 6:07pm
Quoting futurebless
I'm looking for another test of the daily pivot point at 1.4420 to enter a long position. Yellen is considered one of the most dovish members of the Fed and a strong supporter of quantitative easing.

Also, we are way too close to the major psych level 1.5000 to not touch it IMHO.
moved SL to break even
motivation
  • #420,043
  • Apr 11, 2011 6:27pm Apr 11, 2011 6:27pm
Quoting FibbinArchie
Crappy range for first day of testing, good entries for 5 to 10 pip scalps mind, but need to bank profit right on the counter signal...
Booking profits...

Nice to keep eyes on volume and stochs...I hammer on the 1m and watch as other tfs trigger through...nothing longer than a 15m for trading for me...only long charts for target points and critical levels...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #420,044
  • Apr 11, 2011 6:32pm Apr 11, 2011 6:32pm
Quoting Magix
Booking profits...

Nice to keep eyes on volume and stochs...I hammer on the 1m and watch as other tfs trigger through...nothing longer than a 15m for trading for me...only long charts for target points and critical levels...
been using M5, had 1 +22, 1 -23 (didn't wait for bar close) and 1 b/e, number 4 has just moved into profit, gonna be at this for at least a week, want a sample size of at least 20 before I start pestering you...
  • #420,045
  • Apr 11, 2011 6:37pm Apr 11, 2011 6:37pm
Quoting FibbinArchie
been using M5, had 1 +22, 1 -23 (didn't wait for bar close) and 1 b/e, number 4 has just moved into profit, gonna be at this for at least a week, want a sample size of at least 20 before I start pestering you...

I am waiting for 21 to go so I can close this one at 04 and call it a day.
  • #420,046
  • Apr 11, 2011 6:39pm Apr 11, 2011 6:39pm
Quoting cloggie
I am waiting for 21 to go so I can close this one at 04 and call it a day.
Sod it, 21 holding, covering. Am done for the day. See y'all later.


For those holidng shorts, 21 will trigger 04, it is getting too late and price is too stubborn here for me to wait for it.
  • #420,047
  • Apr 11, 2011 6:41pm Apr 11, 2011 6:41pm
Quoting cloggie
Sod it, 21 holding, covering. Am done for the day. See y'all later
got stops and limits in, so just gonna leave it over night...

l8tr cloggs...
  • #420,048
  • Apr 11, 2011 6:42pm Apr 11, 2011 6:42pm
Quoting FibbinArchie
got stops and limits in, so just gonna leave it over night...

l8tr cloggs...

You'll be fine, 04 is the next biggy 21 is the trigger. Excpect some action down there. I had my fair share out of her today and need to get some sleep.
  • #420,049
  • Apr 11, 2011 6:46pm Apr 11, 2011 6:46pm
Quoting cloggie
You'll be fine, 04 is the next biggy 21 is the trigger. Excpect some action down there. I had my fair share out of her today and need to get some sleep.
yeah sleep, good idea, just realized what the time is...
  • #420,050
  • Apr 11, 2011 6:52pm Apr 11, 2011 6:52pm
1.4415/16 could give a scalp bounce from here.
Anyone else see the same scene?
  • #420,051
  • Apr 11, 2011 7:05pm Apr 11, 2011 7:05pm
Quoting suthmo
I've been in the same trade since friday close sell 4472 target 4290 and long from there till 4575 for the big drop. Price still hovering high over my projection which shows we can still go to 4280 for next 4 hours. Then it's all up till 4575. If we don't go down to 4280 next support for today shows as 4377 in 4 hours I'll be looking to get long.

Am long @ 42 till 4505 :0
  • #420,052
  • Apr 11, 2011 7:22pm Apr 11, 2011 7:22pm
Here is my contribution today,


Inserted Video
  • #420,053
  • Apr 11, 2011 7:30pm Apr 11, 2011 7:30pm
Stopped. Will wait for a deeper retrace for another long.
  • #420,054
  • Apr 11, 2011 7:31pm Apr 11, 2011 7:31pm
Quoting Larseg
Here is my contribution today,


http://www.youtube.com/watch?v=BUCbj...layer_embedded
Nice 1 - for me that's a Eur/Usd to 1,42 confirmation!
  • #420,055
  • Edited 7:45pm Apr 11, 2011 7:34pm | Edited 7:45pm
Quoting Dvalera
Am long @ 42 till 4505 :0
Yeah I've closed lots of longs I could have held 4150, 4290 trades that still had room to run. I called 4290 to 4475 Friday and closed two positions after only 100 pips! And Another call earlier in the week that went about 50 pips over my forecast I wish I'd trailed for a few more pips. Live and learn. But I like to play the swings and compound my earnings to build quicker fortune. You will make 300 pips in one week, I've already banked that and will make 600 total playing most of the turns. But I am lucky to have a system that lets me see these turns, I can safely trade this way. Hold it you will be fine but might regret not banking and reloading long from 4280 if it happens. This projection will expire in 2hrs 20 mins.
Founder of Sutherland Wave Principle
  • #420,056
  • Apr 11, 2011 7:38pm Apr 11, 2011 7:38pm
Hi Gamblers!
The Thief of Wall Street
  • #420,057
  • Apr 11, 2011 7:44pm Apr 11, 2011 7:44pm
This has bugged me forever, so im finally going to ask this.

How do you know when the retrace has ended? Especially when there is no support or resistance to show you like eu is today?

I'd really like to know. can someone enlighten me?

Fibs? Then at what point of the fib are you expecting it to retrace? 61.8? 50? 38.2?

Does anyone have a strategy they use to capture retraces? Or do you just set a very big stop loss. It seems to me that it is impossible to even come close to predicting where a retrace will end. Am I right?
  • #420,058
  • Apr 11, 2011 7:46pm Apr 11, 2011 7:46pm
trade update: closed half @ +25, sl on remainder moved to b/e...

one of these days I'm actually gonna get an early night...

good night all...
  • #420,059
  • Apr 11, 2011 7:46pm Apr 11, 2011 7:46pm
Quoting Chicky
Hi Gamblers!
officially we don't accept term "Gamblers"

GM Chicky
Mohan
  • #420,060
  • Apr 11, 2011 7:54pm Apr 11, 2011 7:54pm
Quoting mohan76
officially we don't accept term "Gamblers"

GM Chicky
My apologies to all gamblers.

GE. Planning to add shorts near 1.4450
The Thief of Wall Street
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