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EURUSD

  • #441,861
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
looking for a candle around 4126.
those who can, do. those who cant, talk about those who can
  • #441,862
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
Next level to watch for - looks like meant something in the past:

8h chart:
Attached Image (click to enlarge)
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  • #441,863
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
Quoting gatorinla
check jan. low then multiply X 2
I come up with the area around the 174 ema where the red X is placed. ... is that correct Gator,,,this is just my opinion lol i don't know how to multiply
Attached Image
  • #441,864
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
Shorting since 1.4330 and no intention to collect, keep extending my tp for the time being.

I'd be happy with 1.4020 it would not only cancel out my last day losses but also quadruple todays investments...
Don't get mad, get even!
  • #441,865
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
Quoting infinitus
Long @ 4100

SL already at BE


Will this damn thing go now north LOL
That's a tough one...i think maybe 1.4120 but not much more than that
  • #441,866
  • May 13, 2011 12:14pm May 13, 2011 12:14pm
Attached Image (click to enlarge)
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  • #441,867
  • May 13, 2011 12:14pm May 13, 2011 12:14pm
we got pretty close to last months low....4061...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 16 KB
Look Sharp/Trade Tight
  • #441,868
  • May 13, 2011 12:16pm May 13, 2011 12:16pm
Quoting T.E.Lawrence
Next level to watch for - looks like meant something in the past:

8h chart:
Attachment
Though, if this channel is really working, there can be correction to the upside before we go further down:

1h chart
Attached Image (click to enlarge)
Click to Enlarge Name: h1.png Size: 46 KB
  • #441,869
  • May 13, 2011 12:17pm May 13, 2011 12:17pm
Quoting gatorinla
looking for a candle around 4126.
23000 posts....
you have a lot to say!

I for one am grateful
  • #441,870
  • May 13, 2011 12:19pm May 13, 2011 12:19pm
Quoting gatorinla
looking for a candle around 4126.
r 4119.4 area
4119.6 is a little upper mofu. with the mid already reached at 4114 with a #1 target at 4161.7 ........no bulls w/o 4161.7
those who can, do. those who cant, talk about those who can
  • #441,871
  • May 13, 2011 12:20pm May 13, 2011 12:20pm
Quoting gordonfx
I come up with the area around the 174 ema where the red X is placed. ... is that correct Gator,,,this is just my opinion lol i don't know how to multiply
always use 2
those who can, do. those who cant, talk about those who can
  • #441,872
  • May 13, 2011 12:20pm May 13, 2011 12:20pm
Quoting ady_babe
23000 posts....
you have a lot to say!

I for one am grateful
Must be one of the owners of FF
  • #441,873
  • May 13, 2011 12:20pm May 13, 2011 12:20pm
Quoting ady_babe
Last trade before I consider myself over trading...
Good day out there for sure.
Big range over the day 270 odd pips.

+21 +7 -5 +14 +22 -1 -14 +87 +11 +last one on retracement (or bottom of the day)

Have a good weekend
Smart trading...have a good one
" Never let the past hold the future to ransom "
  • #441,874
  • May 13, 2011 12:22pm May 13, 2011 12:22pm
Looking for 1.4160 but will not hold over weekend

Quoting pipper
Long 4080... Hit 1.4078 target
Disclaimer: Check your 1m charts
  • #441,875
  • May 13, 2011 12:22pm May 13, 2011 12:22pm
Quoting ady_babe
23000 posts....
you have a lot to say!

I for one am grateful
If I could just decipher his posts..............I would have been pretty rich by now.
  • #441,876
  • May 13, 2011 12:22pm May 13, 2011 12:22pm
Quoting RamsesII
Do you also have short positions on for long term? I know how you've been looking for usd strength and euro weakness for a while so i'd hate to see that you're fading this move.
Hi Ramses,

thank you for worrying :-)


I had a few days back a longer conversation with Egkid about going short at 4820. At that time I felt it was about time to go heavy short too. I waited a little bit longer. I have a short running with a mean price of 4848. That is my stress free position.

Would have loved to build more shorts at higher levels, but missed the huge drop on 5th of May. I hoped for a good chance to hop on the train with a second short position in a wave 2 rebound, but so far did not get that chance.

Meanwhile I am scalping and swing trading the moves.

Had a very good run this morning/last night. Had a long position from 4130 to 4330 and profited well.

Today I did not catch a good entry for the move down since I was at the dentist. So I tried 3 times to catch the bottom, was 2x stopped out at BE and 1 time with -10. That is OK. No risk, no fun.

Was stopped out of my third try at BE but had anger at myself for to tight SL.

Reentered the position at 4090, SL @ 4074. We will see. When I am stopped out again I will quit the day.


Best to you,

Markus
  • #441,877
  • May 13, 2011 12:26pm May 13, 2011 12:26pm
love to watch with smoke better than porny


no regrets the week is full of cans of milk
  • #441,878
  • May 13, 2011 12:28pm May 13, 2011 12:28pm
nibbled at 4115
those who can, do. those who cant, talk about those who can
  • #441,879
  • May 13, 2011 12:29pm May 13, 2011 12:29pm
Do you grow your own Kill ? Thinking of getting some seeds

Quoting kill56
love to watch with smoke better than porny


no regrets the week is full of cans of milk
Disclaimer: Check your 1m charts
  • #441,880
  • May 13, 2011 12:29pm May 13, 2011 12:29pm
Quoting infinitus
Hi Ramses,

thank you for worrying...
good to hear!
Don't have an ego. Always question yourself and your ability.
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