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  • #442,621
  • May 16, 2011 9:21am May 16, 2011 9:21am
Quoting cloggie
Covering 14 trades at 135 pips each, not bad for a Monday.
How big were those trades? I mean in % of account (not in lots)
RichieEU
  • #442,622
  • Edited 9:41am May 16, 2011 9:23am | Edited 9:41am
Quoting johncen
Gator, can i ask what is your target and your views about the NY session?
we got a b/o rejection. so if you didn't long then, maybe its best to wait for the scale to tip the other way. im just placing 1/10 trades here and there.. just did another at 4223 and will do another at 4228
those who can, do. those who cant, talk about those who can
  • #442,623
  • May 16, 2011 9:23am May 16, 2011 9:23am
You did have to get up quite early though. Unless of course You live somwhere in mid-Syberia or somesuch timezone.

Your calls make me wonder, as well as your MT4 candles. What made you pull that trigger at that particular S/R?

Anyways congrats on that trade. Countertrend trading with such results... Bravo!

Quoting cloggie


Beats working for a living.
"Put your shoulder to the wheel!"
  • #442,624
  • May 16, 2011 9:24am May 16, 2011 9:24am
Quoting gatorinla
we still got 45m till h close. i dont doubt 4228... but i will probably add and hold a full position if we close below 4097.
i got 4225
  • #442,625
  • May 16, 2011 9:25am May 16, 2011 9:25am
Quoting gatorinla
we got a b/o rejection. so if you didn't long then, maybe its best to wait for the scale to tip the other way. im just placing 1/10 trades here and there.. just did another at 4123 and will do another at 4128
Gator, what is b/o mate? Help the newbie please.



Seb
  • #442,626
  • May 16, 2011 9:27am May 16, 2011 9:27am
Quoting swing 123
i got 4225
Are you going short?
  • #442,627
  • May 16, 2011 9:28am May 16, 2011 9:28am
Quoting Flynchenberg
Gator, what is b/o mate? Help the newbie please.



Seb
BreakOut
  • #442,628
  • May 16, 2011 9:28am May 16, 2011 9:28am
Quoting swing 123
i got 4225
what broker, mine didn't reach that?
Don't be a hero. Don't have an ego. Always question yourself
  • #442,629
  • May 16, 2011 9:29am May 16, 2011 9:29am
Quoting gatorinla
we got a b/o rejection. so if you didn't long then, maybe its best to wait for the scale to tip the other way. im just placing 1/10 trades here and there.. just did another at 4123 and will do another at 4128
gator i think y r talking abt 4223 & 4228.

Thanks
  • #442,630
  • May 16, 2011 9:30am May 16, 2011 9:30am
alarms went off. the 1/4 from friday got -20. should be interesting now
  • #442,631
  • May 16, 2011 9:30am May 16, 2011 9:30am
Quoting USD-Bear
what broker, mine didn't reach that?
that is the resistance fool
  • #442,632
  • May 16, 2011 9:30am May 16, 2011 9:30am
Quoting OldReigatian
Hi Guys

Just a quick question. We saw a drop of 270 pips Friday and I have a small long entered at 1.4075. Do you think it will hit my target of 1.4175? Obviously, EUR is very weak at moment and I believe along with most that we will get to 1.35 over time (probably 1.38 this week).

Just wondering whether you feel I am on the safe side if I leave it open for a small spike up before we start seeing some selling again


Quoting mercy seat
In case of first down ... you can take a trade in "Hedging Section" if your platform allows this or take a trade in GBP/USD or USD/CHF (which are commonly used for such activities) instead of ... and while waiting for lower levels you can do some action there in the time between ...

Otherwise I am not that superbearish in my views ...

We have done a nice move already and there are jolly good chances that market will see a Key turning action near 1.4009/ 4005 zone or at 1.3940 (not very likely on moday) in case of an extreme extention...

Otherwise I am not that superbearish in my views ...

We have done a nice move already and there are jolly good chances that market will see a Key turning action near 1.4009/ 4005 zone or at 1.3940 (not very likely on moday) in case of an extreme extention ...

Therefore you can re-enter then near those stages in order to repair your breakeven ...

Otherwise 1.4170 - 1.4203/ 1.4217 can easily been hit again ... as mentioned in my TABLE which is valid for the next 24 hours ...



;-|


Done as well ...


Extentions are above 1.4223 area ... as mentioned yesterday ...

But should be capped soon ...

We must wait for that ... versteht sich ja von selbst ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #442,633
  • May 16, 2011 9:30am May 16, 2011 9:30am
Quoting cloggie
Quite happy with my 14 trades at 110 pips each......


Beats working for a living.
hey,cloggie,really great trades .
A chart helps those who can read it.
  • #442,634
  • May 16, 2011 9:32am May 16, 2011 9:32am
Quoting proletary
You did have to get up quite early though. Unless of course You live somwhere in mid-Syberia or somesuch timezone.

Was up late last night for TY, posted my entries here, just added a few on the London break when it started consolidating. Am now eyeballing this one here to see where she is going to take us next.
  • #442,635
  • May 16, 2011 9:33am May 16, 2011 9:33am
Quoting cloggie
Covering 14 trades at 135 pips each, not bad for a Monday.
Hello Cloggie,

glad you are back...

Would you mind telling why you covered those trades right now?

LD
Fail better.
  • #442,636
  • May 16, 2011 9:35am May 16, 2011 9:35am
Average true range over last 21 days is 178 pips, we are at 176 now. could be a bounce at 4225.
  • #442,637
  • May 16, 2011 9:35am May 16, 2011 9:35am
Quoting swing 123
that is the resistance fool
thanks for your kind words, kid are you?
Don't be a hero. Don't have an ego. Always question yourself
  • #442,638
  • May 16, 2011 9:37am May 16, 2011 9:37am
Quoting swing 123
i got 4225
usdx has a a short leash.. using a tl its been hit at eu 4223... using the last breakout close as support 75.23/.24 ... and that give the euro about 20/25 more pips to run. hey that dont mean they will hold..
those who can, do. those who cant, talk about those who can
  • #442,639
  • May 16, 2011 9:39am May 16, 2011 9:39am
Quoting AcidH4X
gator i think y r talking abt 4223 & 4228.

Thanks
yeah ill go back and change.. thanks
those who can, do. those who cant, talk about those who can
  • #442,640
  • May 16, 2011 9:40am May 16, 2011 9:40am
Quoting LarryDarrell

Would you mind telling why you covered those trades right now?

Becasue we are consolidating here, don't hold trades during consolidation patterns, just too messy. Not going to give up 135 pips, nice point to cover.
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