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  • #431,801
  • Apr 29, 2011 3:21am Apr 29, 2011 3:21am
Quoting T@rantula
Stay out of the market today.

Thats my advice. Bank holidays=no market to defend s/r levels=non technical trading=violent spikes up and down


The thing is...professionals know when to trade and when not to trade.

T
yeah, i am trying to get out of trade i took yesterday at BE.
  • #431,802
  • Apr 29, 2011 3:22am Apr 29, 2011 3:22am
Good morning traders,

I get the feeling profits are be taken at 4850 .

So for now till it break sell it.stop above best risk reward 10 risk 50 pip reward at 4790
making green pips large and red pips small this is my goal.
  • #431,803
  • Apr 29, 2011 3:27am Apr 29, 2011 3:27am
Quoting paul1
Good morning traders,

I get the feeling profits are be taken at 4850 .

So for now till it break sell it.stop above best risk reward 10 risk 50 pip reward at 4790
last day of april, month end is always risky
  • #431,804
  • Apr 29, 2011 3:28am Apr 29, 2011 3:28am
Quoting mercy seat
All you need is this one here ...

http://www.actionforex.com/markets/p...tmpl=component

As it does show you much more than pivots based on a daily basis only ...

Specially the H4 pivots are not bad as well ...
Good morning Mercy, daily pivot is a tricky number, your number (4825) is based on daily closing at 24:00 CET or 23:00 GMT, ActionForex number (4818) is based on daily closing at 17:00 EST or 21:00 GMT, also Gator refers to a daily closing at 24:00 EST, is there a standard pivot for the FX market.
  • #431,805
  • Apr 29, 2011 3:31am Apr 29, 2011 3:31am
Warum so komplizert - wenn es auch einfacher geht ...

EUR/USD today ...

Immediate Range ... unten 1.4767 - 1.4852 oben

Larger Range ... unten 1.4711 - 1.4482 oben

Bruch unter 1.4680 will lead to downside attempts ...

Bruch über 1.4935 will open further upside ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #431,806
  • Apr 29, 2011 3:33am Apr 29, 2011 3:33am
Quoting hindustani
last day of april, month end is always risky
Agree thankyou.
I see we had initial push to 80 but since we got under 50 there has been 3 or 4 strong rejection of the 50.

I will monitor the rejection for strenght if the push downs get less ,i will use the 10 level below as a guide ,since it got there in asia.
making green pips large and red pips small this is my goal.
  • #431,807
  • Apr 29, 2011 3:36am Apr 29, 2011 3:36am
Quoting Polkm
Many thanks for the heads up...

didn't know today the rooms were closed....


thx again


But you SHOULD know. You have to see it as serious business, otherwise you will fail.

Know the bank holidays as well as the important events of the day......
  • #431,808
  • Apr 29, 2011 3:37am Apr 29, 2011 3:37am
Quoting mercy seat
Stimmt ... bisse ja gar nich so blöde ...

Inter-Conti ... right ... früher hieß das mal Hilton ...

War übrigens das erste Hilton überhaupt hier in Europa ... und der alte Herr hatte es persönlich einrichten lassen ...

Aber die Bar ist eben noch original so ... wie zu Billy Wilders Zeiten ...

Gegenüber vom Hilton ist auch so eine Institution ...

PAN AM VIP LOUNGE ... mit original Einrichtungsdetails aus den roaring 60th ...

Das Personal bedient in original Berlin Wuchtbrumme Klamotten ... Stewardessen Dress etcetera pp...
Many many thanks for the tips :-))
  • #431,809
  • Apr 29, 2011 3:40am Apr 29, 2011 3:40am
Hi all! please how can i close a percentage of my profit in single trade. for instance, if you are in a winning trade, how do you take part of the profit and keep in order tp avoid reversal and losing all your profit?
thanks
  • #431,810
  • Apr 29, 2011 3:40am Apr 29, 2011 3:40am
Quoting Egy2011
Good morning Mercy, daily pivot is a tricky number, your number (4825) is based on daily closing at 24:00 CET or 23:00 GMT, ActionForex number (4818) is based on daily closing at 17:00 EST or 21:00 GMT, also Gator refers to a daily closing at 24:00 EST, is there a standard pivot for the FX market.

I know I know my dear ... I had a lot of phone talks about this issue in former days ... wir können uns das jetzt sparen ... at least 23:00 CET / 21:00 GMT / 17:00 EST that is known as common used INTERBANK STANDART ...

In case you often talk with the guys on the other side of the bars in Hong Kong ... Singapore ... Tokio ... Zurich ... Geneva ... Paris ... Chicago ... etcetera pp ... you will come to the conclusion that this point of time is the widley spread one ... the one with most spread acceptance ...

That's why I use them in my TABLES as well ...

Makes no sense ... if you name an area of sup or res ... and always the counter parts are confused then ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #431,811
  • Apr 29, 2011 3:41am Apr 29, 2011 3:41am
Quoting infinitus
But you SHOULD know.
especially if you have more then 5 years of experience...
  • #431,812
  • Apr 29, 2011 3:43am Apr 29, 2011 3:43am
Quoting Egy2011
Good morning Mercy, daily pivot is a tricky number, your number (4825) is based on daily closing at 24:00 CET or 23:00 GMT, ActionForex number (4818) is based on daily closing at 17:00 EST or 21:00 GMT, also Gator refers to a daily closing at 24:00 EST, is there a standard pivot for the FX market.

No no ... error ... my daily closing is based on 23h00 CET / 21h00 UTC / 17h00 EST as well ...

Bitte genauer hinsehen ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #431,813
  • Apr 29, 2011 3:43am Apr 29, 2011 3:43am
If it dont break it will bounce "50" best risk reward out above if bear.
making green pips large and red pips small this is my goal.
  • #431,814
  • Apr 29, 2011 3:45am Apr 29, 2011 3:45am
Quoting infinitus
But you SHOULD know. You have to see it as serious business, otherwise you will fail.

Know the bank holidays as well as the important events of the day......
I should....but i usually don't trade at fridays (for family reasons)...so i'm relaxed, and just monitoring until i have to leave the pc...

i do take it serious as its my money at risk.
  • #431,815
  • Apr 29, 2011 3:49am Apr 29, 2011 3:49am
Quoting Polkm
I should....but i usually don't trade at fridays (for family reasons)...so i'm relaxed, and just monitoring until i have to leave the pc...

i do take it serious as its my money at risk.
Good boy!!! :-)))
  • #431,816
  • Apr 29, 2011 3:51am Apr 29, 2011 3:51am
Quoting johncen
Gator...is 1.4835 level still a important level today???
to distinguish bull or bear???
late.... but st 4808.9 the L line on the mofu is still coming up in pa indi... the last high signals it within exactly to 4808.9
i cant say for sure what we will do. i can say we are still in #5 bears levels and respecting them. 4830 is s/r # for me.. we are currently above it.. and the #5 mofu levels..
an h close above 4842 may a scalpers bo for a few north. but the recent 4881 top is resistance. the same is true with a close below 4830.. but below 4808.9 is better.. for a biggger N bo bulls need a close above 4872.. then clear 4882
on a st bull just like 4808.9 bear. i dont think this N move is over st i target 4851.7 the current high i have is 4851.1..... the pair likes its pip.. all of them.. when and if it gets it it may invalidate 4808.9...
those who can, do. those who cant, talk about those who can
  • #431,817
  • Apr 29, 2011 3:53am Apr 29, 2011 3:53am
out of all longs with minimum profit, it was getting too boring watching the grass grow, and its the month end too.

happy weekend guys, i am off to downloading and watching movies online ...... ta da da
  • #431,818
  • Apr 29, 2011 3:53am Apr 29, 2011 3:53am
Quoting gatorinla
late.... but st 4808.9...
got its pip.. now the close in 7 m.. above or below 4830.. above 42 and we probably test the top.
those who can, do. those who cant, talk about those who can
  • #431,819
  • Apr 29, 2011 3:59am Apr 29, 2011 3:59am
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  • #431,820
  • Apr 29, 2011 3:59am Apr 29, 2011 3:59am
Now of 78.6% retracement of move down from the top
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