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EURUSD

  • #438,601
  • May 9, 2011 11:16am May 9, 2011 11:16am
couldn't resist the gartley. a couple of reasons more
dreams do come true.
  • #438,602
  • May 9, 2011 11:16am May 9, 2011 11:16am
Quoting fontu
wave 3 or 5th of 5th ended & now retracement limit comes 4380 , as high as it can go before further down to continue perhaps , this time may consider above 50% or 61.8% fibs as 4th wave correction , more complex & time consuming .

will consider scalping short again at top areas with sl above the limit , target same 4200 to 4157 to 4048. lets see .
fontu
4310 is enough support for me.
maybe spike it up to 4330 w/o close.
  • #438,603
  • May 9, 2011 11:21am May 9, 2011 11:21am
Quoting T.E.Lawrence
I'm just reading FAP TURBO users' testimonials on their site - this shit is real.

I'm gonna buy that beauty and become teh millionaire at the end of this month, while you LOSERS will stay here counting your tiny pips.
good luck with that
  • #438,604
  • May 9, 2011 11:24am May 9, 2011 11:24am
Yeah - that one works ok, until it doesn't! TT
  • #438,605
  • Edited 11:40am May 9, 2011 11:26am | Edited 11:40am
Quoting prezd
4310 is enough support for me.
maybe spike it up to 4330 w/o close.
ok supports for 4380 limit no problem , the more up it go the the more may down next if all ok .

Bear trying to turn into bull if possible ,otherwise smaller abc correction already done at belows 50% fibs, lets see it it has any bone to stand again .No action taken as more complex it can be , at least test top again & again.
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,606
  • May 9, 2011 11:29am May 9, 2011 11:29am
nice image...
Attached Image
  • #438,607
  • May 9, 2011 11:30am May 9, 2011 11:30am
4th short. bearish engulfing on the 5m and looks even better on the 15m.

let's see if i don't end up with a bucket full of... nothing really interesting LOL

Quoting wannaberich
couldn't resist the gartley. a couple of reasons more
dreams do come true.
  • #438,608
  • May 9, 2011 11:30am May 9, 2011 11:30am
Quoting wannaberich
couldn't resist the gartley. a couple of reasons more
Me neither. Thanks for pointing it out. I read your post saw the gartley, clicked sell and ate my lunch.
So far I'm up around 19pips. Just pondering on where I should close it. What do you think?
  • #438,609
  • May 9, 2011 11:31am May 9, 2011 11:31am
Quoting infinitus
Hi Egkid,

may I guess where? :-)

Hope all is well with you.
Catch ya later,
Markus
Hello Markus
Good traders like u know where is the good place to do so on 4H TF
Cya
  • #438,610
  • May 9, 2011 11:34am May 9, 2011 11:34am
Quoting wannaberich
4th short. bearish engulfing on the 5m and looks even better on the 15m.

let's see if i don't end up with a bucket full of... nothing really interesting LOL
dude where is your stop level?

Thanks
  • #438,611
  • May 9, 2011 11:38am May 9, 2011 11:38am
if it goes to sl... i'll just short again higher.

i am pointing quite lower. got a lot of incomplete cycles down below.

i posted my numbers yesterday:

http://www.forexfactory.com/showpost...stcount=438006

i forgot how strong 1.4250 was. could have longed there.

just got sled. that was a nice waste of 20 pips LOL. as 1.43165 holds i might reload.

Quoting DaveXXXX
Me neither. Thanks for pointing it out. I read your post saw the gartley, clicked sell and ate my lunch.
So far I'm up around 19pips. Just pondering on where I should close it. What do you think?
dreams do come true.
  • #438,612
  • May 9, 2011 11:39am May 9, 2011 11:39am
i'd rather loose an opportunity than loose $$ so my sl goes to be usually quite fast.

Quoting AcidH4X
dude where is your stop level?

Thanks
dreams do come true.
  • #438,613
  • May 9, 2011 11:40am May 9, 2011 11:40am
We may see a big drop in some next days.

http://img195.imageshack.us/img195/4228/eudown.png
  • #438,614
  • May 9, 2011 11:44am May 9, 2011 11:44am
Quoting wannaberich
if it goes to sl... i'll just short again higher.

i am pointing quite lower. got a lot of incomplete cycles down below.

i posted my numbers yesterday:

http://www.forexfactory.com/showpost...stcount=438006

i forgot how strong 1.4250 was. could have longed there.

just got sled. that was a nice waste of 20 pips LOL. as 1.43165 holds i might reload.
Thanks for the link. I have my TP at 4285. I think the fall to it just started... let's see.
  • #438,615
  • May 9, 2011 11:48am May 9, 2011 11:48am
Hi , pham , hope doing well . what the level there for the low , not see in chart /can't read & links with too much pop ups closed .yes able read 1.3682 , lets see .
Thanks
fontu
Quoting Pham
We may see a big drop in some next days.

http://img195.imageshack.us/img195/4228/eudown.png
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,616
  • May 9, 2011 11:48am May 9, 2011 11:48am
short term idea
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Don't have an ego. Always question yourself and your ability.
  • #438,617
  • Edited 11:52am May 9, 2011 11:51am | Edited 11:52am
bulls want to close above and make the dip below a failed break which would take us up. bears want to close below it and make it a confirmed break.

let's see where hourly closes. that line draws at 1.4290 in my screen... waiting... might considered banking my higher shorts if we do close above.
Attached Image (click to enlarge)
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dreams do come true.
  • #438,618
  • May 9, 2011 11:53am May 9, 2011 11:53am
What's up everybody...other than the dollar?

Closed 75% of my long term short trade this morning for 600 pips. Reasons being...

 

  1. Fell pretty far, pretty fast. Not calling a bottom...just up too much, so fast, to see it possibly retrace.
  2. I allocated 10% of the funds from my metals trade that I recently closed to this account. Would like to rebuild using all of these new funds, plus compounding of what I just closed.
  3. NYC portion of trip over...internet will get patchy from here for a little while.

So...smaller short still running from 4886 now. Not too sure yet where I will start adding again...will know after the next plane ride if I can get some analysis done.

Also...had a small silver order fill at $33.50. Another order of the same size awaits at $30.50 and a larger one at $27.00.

Play safe...catch you again soon. k

  • #438,619
  • May 9, 2011 11:56am May 9, 2011 11:56am
Scalping levels major (white) minor (yellow) for today

Trading again tomorrow LDN session
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" Never let the past hold the future to ransom "
  • #438,620
  • May 9, 2011 11:56am May 9, 2011 11:56am
Quoting fontu
Hi , pham , hope doing well . what the level there for the low , not see in chart /can't read & links with too much pop ups closed .yes able read 1.3682 , lets see .
Thanks
fontu
Fontu,

Buddy, Lets say how the up-trend has broken yet? How about your chart?

I am waiting for the good entry to do short.

Pham
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