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Price is everything

  • #17,561
  • May 5, 2011 9:05am May 5, 2011 9:05am
Quoting needpips
Stupid question....based on your chart....should we retest the top of your red box?
London and Asian Sessiond have not bought up to that level...so, yeah, thats whut I'm looking for...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #17,562
  • May 5, 2011 9:18am May 5, 2011 9:18am
Quoting Venice
Long Aussie POS. Tight stops, may not be much room here with 1.0690 here.
Nope, that's not going to do it. Maybe on round two. A Bull triangle will keep me in if we manage to form one here.
  • #17,563
  • May 5, 2011 9:20am May 5, 2011 9:20am
watching these pairs at the moment. May be correlated so maybe only trade 1 or 2 of them.

eurogbp long
eujpy long
usdcad sell

waiting for a reaction

edit: i ahven't entered the trade yet. just watching
  • #17,564
  • May 5, 2011 9:36am May 5, 2011 9:36am
Sugar Long from 20.74
Gold Waiting for 1495.07 & 1487.74 to go Long
Silver Waiting for 36.63 & 36.01 & 35.40 to go Long
EURGBP Long from 0.8922 adding @ 0.8897
EURUSD Long from 1.4642 & 1.4665 adding untill 1.4538

Note: ALL data is from a contest account. +68% since Sunday night.
  • #17,565
  • May 5, 2011 9:38am May 5, 2011 9:38am
Long eugbp

There was a bullish engulfing in 5 mins.
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  • #17,566
  • May 5, 2011 9:41am May 5, 2011 9:41am
eur is at pretty important zone might be good support here. gonna wait for some solid price action.
  • #17,567
  • May 5, 2011 9:55am May 5, 2011 9:55am
too dangerous to long Eu now.
H4 shows we are going to retrace into 45xx-44xx region
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  • #17,568
  • May 5, 2011 10:09am May 5, 2011 10:09am
Quoting thelws
Long eugbp

There was a bullish engulfing in 5 mins.
Stopped out
  • #17,569
  • May 5, 2011 10:46am May 5, 2011 10:46am
Eyes on AUD/NZD tonight during asia. Looking ripe to start building a short position on the daily.

This one hasn't had such a significant retrace that it has actually flipped sides like the rest of the currencies ATM.

Bias is still bull, and will be playing it as a retrace for now.
  • #17,570
  • May 5, 2011 11:07am May 5, 2011 11:07am
Hey team

No trades for me today, just watched some levels being made

This is gbp/usd, usd/chf, and eur/usd

The best levels are on EU (far right)

These are all 15m charts
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  • #17,571
  • May 5, 2011 11:42am May 5, 2011 11:42am
Had to share this...scalping on silver, I've made 320% in the past hour....it was not on my live account but on demo unfortunately. I had stop losses in place for every trade (normally around 20 pips) and used the maximum margin available for each trade.

It would be pretty wild if I could pull that off on my live account lol...maybe if I can get to 1000% I might try it out with a bit of cash.
  • #17,572
  • May 5, 2011 1:38pm May 5, 2011 1:38pm
Quoting maanawi
Hi mate

here is my TLs setup and view for GU on weekly
my thoughts : while seeing EU rising in my setup and more possibilities for GU to fall , this may mean smfn wrong can be happen in UK will cause weakness for the pound
http://www.forexfactory.com/showpost...ostcount=16542
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  • #17,573
  • May 5, 2011 3:37pm May 5, 2011 3:37pm
Quoting nebuman213
Had to share this...scalping on silver, I've made 320% in the past hour....it was not on my live account but on demo unfortunately. I had stop losses in place for every trade (normally around 20 pips) and used the maximum margin available for each trade.

It would be pretty wild if I could pull that off on my live account lol...maybe if I can get to 1000% I might try it out with a bit of cash.
That's a wild animal to scalp. But the pa is there for every little move, and boy can it move!
  • #17,574
  • May 5, 2011 6:29pm May 5, 2011 6:29pm
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  • #17,575
  • May 5, 2011 6:41pm May 5, 2011 6:41pm
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  • #17,576
  • May 5, 2011 7:12pm May 5, 2011 7:12pm
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scalped slv
  • #17,577
  • May 5, 2011 7:23pm May 5, 2011 7:23pm
bit optimistic but added to earlier silver buy.. let see if it works..

by the time i'm doing this post addition @be.. damn.. will give it bit time or close both.. let see pa
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  • #17,578
  • May 5, 2011 7:30pm May 5, 2011 7:30pm
looks like cannot take out previous high..

closed both @+56 and +12

edit: I thought it just might take out those sellers at marked on Red's chart but doesn't look like.. Don't doubt the Master..

Quoting KennyZ
bit optimistic but added to earlier silver buy.. let see if it works..

by the time i'm doing this post addition @be.. damn.. will give it bit time or close both.. let see pa
  • #17,579
  • May 5, 2011 7:31pm May 5, 2011 7:31pm
sold AU


out
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  • #17,580
  • May 5, 2011 7:33pm May 5, 2011 7:33pm
sold EU and EJ also

out
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