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EURUSD

  • #439,261
  • May 10, 2011 10:29am May 10, 2011 10:29am
what did I miss...
Look Sharp/Trade Tight
  • #439,262
  • May 10, 2011 10:29am May 10, 2011 10:29am
see small pip tp watch movment can it break ....i said break down
Attached Image (click to enlarge)
Click to Enlarge Name: eur.jpg Size: 116 KB
be patient, self-belief and discipline... stay focus...
  • #439,263
  • May 10, 2011 10:31am May 10, 2011 10:31am
Quoting Leftie
Hi AllyB, was wondering how you worked out those blue horizontal lines?
There needs to be a start or end point right?

Hope im not asking too deep in.
Cheers
i have no set method on how to do it. basically i trade the NY open so i get up early and start looking at the levels during the London session and try a few lines placing them 20 pips apart until i like what i see as far as touch points. yesterday it took me almost 2 hours to get what i liked LOL. some day they just jump out at you and some days not so easy. trial and error i have found a good place to start is the daily pivot as eu really likes to visit that level throughout the day if ranging. hope this helps!

it would be a good question to ask gleneagles
  • #439,264
  • May 10, 2011 10:32am May 10, 2011 10:32am
Quoting PayTheLimit
what did I miss...

some saxoo porny
  • #439,265
  • May 10, 2011 10:33am May 10, 2011 10:33am
Quoting PayTheLimit
what did I miss...
Beautiful moves. I did miss some of them too.
RichieEU
  • #439,266
  • May 10, 2011 10:33am May 10, 2011 10:33am
sold 4350 tp 4300 ; sl 4900
  • #439,267
  • May 10, 2011 10:33am May 10, 2011 10:33am
Quoting kill56
some saxoo porny
Look Sharp/Trade Tight
  • #439,268
  • May 10, 2011 10:35am May 10, 2011 10:35am
Quoting hindustani
sold 4350 tp 4300 ; sl 4900
Is not it good R:R ?? What a SL.
RichieEU
  • #439,269
  • May 10, 2011 10:37am May 10, 2011 10:37am
Quoting PayTheLimit
what did I miss...
Not Much

Just the usual stuff

http://www.forexfactory.com/showpost...stcount=438156

http://www.forexfactory.com/attachme...0&d=1304907416
  • #439,270
  • May 10, 2011 10:41am May 10, 2011 10:41am
Quoting hindustani
sold 4350 tp 4300 ; sl 4900
lol, really?
Don't have an ego. Always question yourself and your ability.
  • #439,271
  • May 10, 2011 10:43am May 10, 2011 10:43am
  •  mrmat
  • | Joined Sep 2010 | Status: One day I shall leave the temple | 131 Posts
Last 8-9 Hourly Bars have been very volatile with big wicks, but have formed a bit of a cloud in the same region ( 1.4327-1.4377)

Not sure how this will play out, whether the EUR wants to break lower or finally break above 1.44...

I think the direction will be down below 1.42 eventually, question is whether it will want to test 1.45-1.46 first...

I just don't like how the clean hourly trend of the past few days is so clustered now
Attached Image
  • #439,272
  • May 10, 2011 10:44am May 10, 2011 10:44am
Quoting hindustani
sold 4350 tp 4300 ; sl 4900
Ekhm,
550 pips SL for 50 pips profit?
You 're joking, right?
  • #439,273
  • May 10, 2011 10:46am May 10, 2011 10:46am
Quoting gatorinla
s 4376
s/o 68
those who can, do. those who cant, talk about those who can
  • #439,274
  • May 10, 2011 10:46am May 10, 2011 10:46am
Quoting hindustani
sold 4350 tp 4300 ; sl 4900
Look Sharp/Trade Tight
  • #439,275
  • May 10, 2011 10:47am May 10, 2011 10:47am
hit my tp again
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eur.jpg Size: 102 KB
be patient, self-belief and discipline... stay focus...
  • #439,276
  • May 10, 2011 10:48am May 10, 2011 10:48am
Quoting fatpanda
Look Sharp/Trade Tight
lol
Look Sharp/Trade Tight
  • #439,277
  • May 10, 2011 10:49am May 10, 2011 10:49am
h close above 74.5 nd i may long for a few. below 74 s..
those who can, do. those who cant, talk about those who can
  • #439,278
  • May 10, 2011 10:50am May 10, 2011 10:50am
Quoting gatorinla
s/o 68
Hi, You think that 1.4333 is still reachable or you are out...? (in next h... maybe) TY
  • #439,279
  • May 10, 2011 10:55am May 10, 2011 10:55am
Back to the screen...
Damn: -25ticks

I am a idiot... just looking at the daily range, we had the 120 ticks already... I shoudn't have taken this trade.
That's what happens when you don't do your homework in the evening

Quoting BrunargarFx
Yes,
I have moved my open order at 4385 (my 1.4380 was nearly triggered at 1 tick close)
Other level to watch are 1.4365 (minor Res) and 1.4325 (minor support)
Won't be trading within the range 1.4325 - 1.4380.
  • #439,280
  • May 10, 2011 11:00am May 10, 2011 11:00am
Quoting AllyB
i have no set method on how to do it....
Ah, got it. Its more of trial and error.
Guess it would be best to have them placed at S/R (support/resistance) on the H1.

DP sounds good too. Will work on it.
Cheers!

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