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  • #444,981
  • May 19, 2011 6:30am May 19, 2011 6:30am
Quoting PayTheLimit
I'll tell you what, sick of this action, going to lunch. My plan is this...wait for a push through/close above 4283/4305, then a close below/failure, and then sell the hell out of it, or wait for a close below 4191/4213 and sell then the piss out of it. Either way, no buying for me today, or the rest of the month for that matter...
If you are new to Forex? Say Goodbye to your account!!
  • #444,982
  • May 19, 2011 6:31am May 19, 2011 6:31am
Quoting johnnyrei
Placed my 1st long @ 1.4264 - willplace more if we go to 1.4250 - 1.4240 area...
closed @ be - will wait for better entry...
  • #444,983
  • May 19, 2011 6:32am May 19, 2011 6:32am
How come you are taking positions without waiting the USA figures?
  • #444,984
  • May 19, 2011 6:32am May 19, 2011 6:32am
i am not gonna buy at this point of time...
may wait for this h close
n also US unemployment claim before making decision..
bt so far..i may favour a correction down...

have set a buy limit @4210....

may change depends on the price movement

kind regards,
Patience, Emotion Control and Discipline.
  • #444,985
  • May 19, 2011 6:35am May 19, 2011 6:35am
Although trading is a nightmare at the moment I am still able to get 20-40 pips out of it every day by watching 6 timeframes for euro/usd alone. God knows how Cloggie or Gleneagles manage to get more out of it and be more precise with judging the direction of the course.

Maybe experience is all that counts.
  • #444,986
  • May 19, 2011 6:36am May 19, 2011 6:36am
Silver is finding tough resistance at 35.60 ; six 4 hour candles and its stuck
  • #444,987
  • May 19, 2011 6:37am May 19, 2011 6:37am
I entered short, SL at BE, I don't trust today's PA, will let it flow:

Attached Image (click to enlarge)
Click to Enlarge Name: m15.png Size: 51 KB


We are fooling around the daily pivot, and daily pivots are, as gator would say, mofu zones.
  • #444,988
  • May 19, 2011 6:38am May 19, 2011 6:38am
Quoting johncen
i am not gonna buy at this point of time...
may wait for this h close
n also US unemployment claim before making decision..
bt so far..i may favour a correction down...

have set a buy limit @4210....

may change depends on the price movement

kind regards,
trading is never a nightmare if you discover the day range limits with care ; then it is just as easy as looting the banks
  • #444,989
  • May 19, 2011 6:39am May 19, 2011 6:39am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
I am short from 1.4273 target 1.4203. Chart attached as to why I am short . SL just moved to 1.4293
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 19may.jpg Size: 117 KB
The forex market has its own life and takes its own time.
  • #444,990
  • May 19, 2011 6:40am May 19, 2011 6:40am
breakouts and pullbacks on the 1min
Attached Image (click to enlarge)
Click to Enlarge Name: eur 15min.gif Size: 21 KB
  • #444,991
  • May 19, 2011 6:40am May 19, 2011 6:40am
Quoting hindustani
trading is never a nightmare if you discover the day range limits with care ; then it is just as easy as looting the banks
thanks for your advice..i m very new to this market still..
bt i hav learned a lot here....
Patience, Emotion Control and Discipline.
  • #444,992
  • May 19, 2011 6:40am May 19, 2011 6:40am
Quoting johncen
i am not gonna buy at this point of time...
may wait for this h close
n also US unemployment claim before making decision..
bt so far..i may favour a correction down...

have set a buy limit @4210....

may change depends on the price movement

kind regards,

I always do against what members of forexfactory do..and 95% of time I get Success.If they buy I sell and If they sell I buy...wolfs walk in crowd...Lion walks alone
  • #444,993
  • May 19, 2011 6:41am May 19, 2011 6:41am
Quoting hindustani
trading is never a nightmare if you discover the day range limits with care ; then it is just as easy as looting the banks
Yeah, by just watching daily range I make at least 300 pips a day. Piece of cake. I think about hitting banks now.
  • #444,994
  • May 19, 2011 6:41am May 19, 2011 6:41am
Quoting T.E.Lawrence
I entered short, SL at BE, I don't trust today's PA, will let it flow:

Attachment

We are fooling around the daily pivot, and daily pivots are, as gator would say, mofu zones.
day open 4248 and 4213 is important for your short.
  • #444,995
  • May 19, 2011 6:42am May 19, 2011 6:42am
bought 1 small lot @ 1.4256
  • #444,996
  • May 19, 2011 6:45am May 19, 2011 6:45am
Quoting key4success
I always do against what members of forexfactory do..and 95% of time I get Success.If they buy I sell and If they sell I buy...wolfs walk in crowd...Lion walks alone
Exactly
  • #444,997
  • May 19, 2011 6:47am May 19, 2011 6:47am
Guys, being new to FX trading, what will be the best way to trade today’s news? Shall I follow the trend immediately after the announcement, grapping 30 or 40 pips or shall I wait for confirmation of direction? Answer will be of a great help.
  • #444,998
  • May 19, 2011 6:47am May 19, 2011 6:47am
Quoting key4success
I always do against what members of forexfactory do..and 95% of time I get Success.If they buy I sell and If they sell I buy...wolfs walk in crowd...Lion walks alone
there so so many people participate in this market...
you won't be the only one winning aye..
but anyways..
good that you have find your way of trading...
Patience, Emotion Control and Discipline.
  • #444,999
  • May 19, 2011 6:47am May 19, 2011 6:47am
Quoting sisse
Bastards keep buying heavy at 1.420x making extremely hard to manage shorts and pushing down confidence on the trade. The short squeeze is still in play as long as is trading above 1.425x.

I am giving a last chance with US reports, if 1.425x holds I am out shorts at whatever the hourly US reports close is ...

we'll see

sisse

indeed, the are quite bastardly..lol...good luck mt friend
Look Sharp/Trade Tight
  • #445,000
  • May 19, 2011 6:47am May 19, 2011 6:47am
Quoting johnnyrei
bought 1 small lot @ 1.4256
I would think a bit too early to long now. At least wait for US Market to open to show us directions.

Anyway good luck
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