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EURUSD

  • #442,741
  • May 16, 2011 12:09pm May 16, 2011 12:09pm
Quoting AmeriTrini
How could the Euro correct over 400 pips in 4hrs when the daily candle is at 197pips, its people like you who shouldn't be giving advice or trading!
an unnecessary reaction/comment.

TF
  • #442,742
  • May 16, 2011 12:13pm May 16, 2011 12:13pm
Quoting infinitus
sorry, should have read 4189 (weekly pivot)
wave 4 looks to be getting quite extended in time so could also be a failed 5th and a top in place.
Don't have an ego. Always question yourself and your ability.
  • #442,743
  • May 16, 2011 12:13pm May 16, 2011 12:13pm
will we go to 1.0575 ？ however , a nice day . good night (GMT+8)
Attached Image
A chart helps those who can read it.
  • #442,744
  • May 16, 2011 12:14pm May 16, 2011 12:14pm
Quoting darimik
shorted. stops @ 4250.

Attachment
Well done I guess.

Seb
  • #442,745
  • May 16, 2011 12:14pm May 16, 2011 12:14pm
short play in the house.....
Attached Image (click to enlarge)
Click to Enlarge Name: eutrade.gif Size: 27 KB
  • #442,746
  • May 16, 2011 12:18pm May 16, 2011 12:18pm
Quoting infinitus
sorry, should have read 4189 (weekly pivot)
Target?

Projection?
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #442,747
  • May 16, 2011 12:18pm May 16, 2011 12:18pm
Quoting RamsesII
wave 4 looks to be getting quite extended in time so could also be a failed 5th and a top in place.
long or short is a question. hehe
  • #442,748
  • May 16, 2011 12:20pm May 16, 2011 12:20pm
Quoting RamsesII
wave 4 looks to be getting quite extended in time so could also be a failed 5th and a top in place.
Take a look at 1h TF - looks perfect to me......., what do you think?
  • #442,749
  • May 16, 2011 12:21pm May 16, 2011 12:21pm
Quoting cloggie
Covering 14 trades at 135 pips each, not bad for a Monday.

Could not resist a few more really. Up 35 pips so far. I posted the play for the entry a few pages back and she behaved textbook, no point posting it here if I am not going to trade it myself.
Attached Image (click to enlarge)
Click to Enlarge Name: could not resist.gif Size: 26 KB
  • #442,750
  • May 16, 2011 12:23pm May 16, 2011 12:23pm
Quoting cloggie
Could not resist a few more really. Up 35 pips so far.
good trades ; but why do you do pyramiding and how is it you never post loosing trades ?
  • #442,751
  • May 16, 2011 12:25pm May 16, 2011 12:25pm
Quoting hindustani
good trades ; but why do you do pyramiding and how is it you never post loosing trades ?

I have the occasional losing trade and do post them here, they are just far and few between. I only trade the obvious setups. I posted the exact play for this trade a few pages ago, can't help it if you can't read there kiddo.

And it is not called pyramiding, it is called using the market's money to trade, never use your own capital. Why would I use my own money to trade?

I even did a play by play for the fake 'n shake on the false b/o. I did say to another poster that my contribution here would not last as there were surely a few muppets coming out of the woodwork.

And here we are, enjoy talking to Iggy.
  • #442,752
  • May 16, 2011 12:25pm May 16, 2011 12:25pm
Quoting mercy seat
Target?

Projection?
That was my target for subwave 4 of wave C.

Wave 5 goes for 4266 to 4403 in case of extension.

See weekly chart: should not go higher than 4441, because if it will go higher it may likely kill the bearish case
  • #442,753
  • May 16, 2011 12:25pm May 16, 2011 12:25pm
Quoting infinitus
Take a look at 1h TF - looks perfect to me......., what do you think?
i'm referring to wave 4 within the count i posted (small time frame)
Don't have an ego. Always question yourself and your ability.
  • #442,754
  • May 16, 2011 12:26pm May 16, 2011 12:26pm
Quoting cloggie
I have the occasional losing trade and do post them here, they are just far and few between. I only trade the obvious setups. I posted the exact play for this trade a few pages ago, can't help it if you can't read there kiddo.
forget loosing trades

my main question was why do pyramiding ?
  • #442,755
  • May 16, 2011 12:28pm May 16, 2011 12:28pm
Quoting kenfen69
Based on what I could briefly see...

I placed a pending long @ 1.39825...SL 3942...TP 4015
and a pending short @ 1.4232...SL 4265...TP 4202

Not recommending anyone follow these...just having a go at low risk while away from internet connection. Seeing if the market sticks to waves I see, or if it is going to shake its tail...which it probably will.
Filled and hit!

Not bad for 12 hours in advance...150pips from price...and .5% banked.

Fly out this evening...heading back to the capital shortly...had a ball Costa Rica! Will try to do some more analysis and hopefully place another trade/orders before I fly. If not..will try for Frankie from Miami, FLA. Will see how it goes.

Trade safe!
  • #442,756
  • May 16, 2011 12:29pm May 16, 2011 12:29pm
Quoting hindustani
m5 needs a lil pee break ; closing to re enter later a bit higher

+22 pips for watching funny commercials on youtube ??? hell i love trading
stopped right on the pee break level ;

this is the reason i do scalping instead of chasing targets ; in scalping i am safe on the fence when euro is busy peeing ;
  • #442,757
  • May 16, 2011 12:29pm May 16, 2011 12:29pm
Quoting infinitus
That was my target for subwave 4 of wave C.

Wave 5 goes for 4266 to 4403 in case of extension.

See weekly chart: should not go higher than 4441, because if it will go higher it may likely kill the bearish case
I am short according to my setup....lets see
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 21 KB
Trade responsiblypatience is the key/Swing trader
  • #442,758
  • May 16, 2011 12:29pm May 16, 2011 12:29pm
Quoting hindustani
are u blind or just trying lick cloggie's ass ; read your own post the quote text does it say 400 ??
even 200*
  • #442,759
  • May 16, 2011 12:30pm May 16, 2011 12:30pm
Quoting hindustani
forget loosing trades

my main question was why do pyramiding ?
If you trade micro lots ,like cloggie, you have to pyramid to make something.......
  • #442,760
  • May 16, 2011 12:31pm May 16, 2011 12:31pm
Quoting RamsesII
i'm referring to wave 4 within the count i posted (small time frame)
You talk about the recent wave 4? Right? I talk about it too. But to get perspective, I constantly switch between TF's to judge wave structure (I have 1, 5, 15, 60 and 240min charts open)
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