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  • #426,701
  • Apr 21, 2011 11:23am Apr 21, 2011 11:23am
give it 5-10 more mins if it aint go down and m5 candle close below 45721, the odds will be going up as we can see an inverse H&S on m5.
Make it rain baby
  • #426,702
  • Apr 21, 2011 11:23am Apr 21, 2011 11:23am
Quoting mercy seat
Good Morning!

What is your target Tarantel?

I think we should run out of steam soon ...

Maybe a retracement should be seen as long as 1.4648 has not been crossed ...

Possibly a retrace down towards 1.4486 or 1.4460 - 1.4427 in case of an extention ...




;-|


Not much to mention anymore at this stage ...



Quoting mercy seat
Yes ... interesting view ...

But at the moment I think ... we will go lower again ... after one more last attempt to the 1.4625/ 30 region ...

And then ... bam ... downside correction at first ... although corrective in nature ...



;-|

Major moves has been done ... but as long as capped below 1.4607 - 1.4626 area ... which is more than likely ... we should see further downside corrective action out of this ...

Weekly closing will be tomorrow as usual ... although many BANKS closed tomorrow ... Asia will be open ...

Die haben es nicht so mit Ostern ...

Further downside projection as mentioned already ... this morning ... cross of below 1.4520/ 00 limits would re-open for some test at breakout levels from yesterday ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #426,703
  • Apr 21, 2011 11:24am Apr 21, 2011 11:24am
Quoting mab41487
4528
Where did you get that number from? I don't see any line point to that number for me. What time frame?
  • #426,704
  • Apr 21, 2011 11:25am Apr 21, 2011 11:25am
Quoting FxPlayboy
give it 5-10 more mins if it aint go down, the odds will be going up as we can see an inverse H&S on m5.
I think as long as we get below 1.4564 within the next 10 mins it will be fine.
  • #426,705
  • Apr 21, 2011 11:28am Apr 21, 2011 11:28am
Quoting mab41487
I realized the mistakes i was making....

First mistake... not looking at the bigger timeframes

second mistake... trying to trade counter trend... the trend is my friend.

third mistake... not putting my entries with a small buffer, which is why ive missed the major moves that I WAS RIGHT ON!!! - missing entries by a few pips...

risk reward has always been good im still up 300 pips for the week but i couldve been up alot more... like 600 almost...

ive been getting irritated that i was missing my entry so i was chasing the market a bit -...
Glad you know your mistakes and hope you set rules on it. Now the hard part is whether you'll obey your rules 100%. Keep it up mab!
Make it rain baby
  • #426,706
  • Apr 21, 2011 11:28am Apr 21, 2011 11:28am
Quoting PIPMunch
Where did you get that number from? I don't see any line point to that number for me. What time frame?
Thats the days open, the previous days high, a good level of resistance that will become support and if it turns there, its the D wave in a gartley pattern I see, plus its the central pivot on my chart
  • #426,707
  • Apr 21, 2011 11:29am Apr 21, 2011 11:29am
Quoting PIPMunch
Where did you get that number from? I don't see any line point to that number for me. What time frame?
45264 to be exact. We're suppose to reach earlier on but... 45331 intercept which is very rare.

Now she's snowballing SL to breakeven
Make it rain baby
  • #426,708
  • Apr 21, 2011 11:30am Apr 21, 2011 11:30am
Quoting mab41487
Thats the days open, the previous days high, a good level of resistance that will become support and if it turns there, its the D wave in a gartley pattern I see, plus its the central pivot on my chart
Do you really see it getting there tonight? It might be quite slow with onlu asia open for easter
  • #426,709
  • Apr 21, 2011 11:31am Apr 21, 2011 11:31am
I am done for this week, no more trades till Tuesday. Here is my this week's statement:

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 47 KB


Peace.
  • #426,710
  • Apr 21, 2011 11:33am Apr 21, 2011 11:33am
Quoting FxPlayboy
45264 to be exact. We're suppose to reach earlier on but... 45331 intercept which is very rare.

Now she's snowballing SL to breakeven
yup SL BE =)
  • #426,711
  • Apr 21, 2011 11:34am Apr 21, 2011 11:34am
any chance of a decent Euro sell off today?
  • #426,712
  • Apr 21, 2011 11:34am Apr 21, 2011 11:34am
Quoting PIPMunch
How low do you expect to go?
Mate, London's closed and the long weekend's starting. Personally, I won't be taking any trades until Tuesday. Best bet is open your Monthly/Daily this weekend after Friday close and work out the road map for next week.

I'll be doing the same.

Have a good one!
  • #426,713
  • Apr 21, 2011 11:40am Apr 21, 2011 11:40am
Came back to this board after a looong break and focusing on my own trading and I see the same bs people bickering about people he said this she said that. Blah Blah Blah...

I cant even say anymore that 50% of this thread is outnumbered by posts of trading or posts of bitching.

You want to be in the 5% focus on your trading and not other people trading on here. You will wipe your account.
Know when to hold em, Know when to fold em!
  • #426,714
  • Apr 21, 2011 11:40am Apr 21, 2011 11:40am
Quoting Fudomyo
Mate, London's closed and the long weekend's starting. Personally, I won't be taking any trades until Tuesday. Best bet is open your Monthly/Daily this weekend after Friday close and work out the road map for next week.

I'll be doing the same.

Have a good one!
You too - Have a good easter!
  • #426,715
  • Apr 21, 2011 11:43am Apr 21, 2011 11:43am
Quoting mab41487
yup SL BE =)
Saw that hard bounce?, 45721 can be pretty tough at a lower volatile session.

Nice one Purple, more green pips nx week

Btw, guys, talentless is in school, let's not get him skip class and back here alright? Just focus on this pair, the yooro and the dolla!
Make it rain baby
  • #426,716
  • Apr 21, 2011 11:46am Apr 21, 2011 11:46am
Quoting FxPlayboy
Saw that hard bounce?, 45721 can be pretty tough at a lower volatile session.

Nice one Purple, more green pips nx week
better safe than sorry...
  • #426,717
  • Apr 21, 2011 11:47am Apr 21, 2011 11:47am
Quoting talentfx
real i never did demo trade as i feel the only way to learn is the sting of real losses
but after soo many losses you must be immune to the pain?
The dreamers are the saviors of the world.
  • #426,718
  • Apr 21, 2011 11:49am Apr 21, 2011 11:49am
Quoting goods
Came back to this board after a looong break and focusing on my own trading and I see the same bs people bickering about people he said this she said that. Blah Blah Blah...

I cant even say anymore that 50% of this thread is outnumbered by posts of trading or posts of bitching.

You want to be in the 5% focus on your trading and not other people trading on here. You will wipe your account.
and then there's the 25% posts that are about people complaining about the people complaining. So that would make me a complainer about complainers, thus adding to the nonsense
Don't have an ego. Always question yourself and your ability.
  • #426,719
  • Apr 21, 2011 11:50am Apr 21, 2011 11:50am
Quoting AriX3
but after soo many losses you must be immune to the pain?
Arix3, he's gone hopefully never coming back unless with a changed attitude.
Make your losses in demo. Earn your profits live.
  • #426,720
  • Apr 21, 2011 11:50am Apr 21, 2011 11:50am
Quoting FxPlayboy
give it 5-10 more mins if it aint go down and m5 candle close below 45721, the odds will be going up as we can see an inverse H&S on m5.
I am looking at that too. If that plays out I can see it going back up or close to the HOD at 4647. Also, from the low of day at 4532 to its most recent high 4593, the price seems to be bouncing off the 38.2% fib. In addition, it is too early to tell but the H4 candlestick can possibly be setting up as a spinning top?

I have a long position at 4583 which I took as bounce off a MA and is down a few pips right now...it came close to SL but didn't hit yet.
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