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EURUSD

  • #448,621
  • May 25, 2011 5:49am May 25, 2011 5:49am
Okay ... lunch time here ...

Meine Lust hält sich sehr in Grenzen ... Handwerker allgegenwärtig ... und Morgen gehen die mir noch mehr auf die Nerven ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-05-25_00h00 - Pivots + ZigZag A-B-C _ EURUSD _ Update A _ W-21.PNG Size: 118 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #448,622
  • May 25, 2011 5:50am May 25, 2011 5:50am
I think GOLD might be on taxiing on the runway waiting to be TAKING OFF..............
  • #448,623
  • May 25, 2011 5:50am May 25, 2011 5:50am
Quoting Larseg

Sounds weird, yes...
indeed, but I like it...
Look Sharp/Trade Tight
  • #448,624
  • May 25, 2011 5:50am May 25, 2011 5:50am
Quoting johncen
Today's movement just confusing to me.....
hmmmm
bearish or bullish?
neither, we've been in a 150 pip consolidation range since the open sunday...
  • #448,625
  • May 25, 2011 5:53am May 25, 2011 5:53am
Quoting wallstreet03
I also try to extract 12 in range 20 but sometime come before the close of candle give me false signals !
Right, it is suppose to be like that, if it was too easy nobody would trade it, they would outsource it to a cheap clerk while they sip cocktails on a tropical island
" Never let the past hold the future to ransom "
  • #448,626
  • May 25, 2011 5:53am May 25, 2011 5:53am
Europe lunch time...
so maybe we should wait for NY to give us a direction aye...
hmmm...
this is driving me mad...
Patience, Emotion Control and Discipline.
  • #448,627
  • May 25, 2011 5:55am May 25, 2011 5:55am
I lost 20 pips on euro, today, trading this stupid PA, but already get it back with gold - still staying on the long side.
  • #448,628
  • May 25, 2011 5:55am May 25, 2011 5:55am
Quoting johncen
Europe lunch time...
so maybe we should wait for NY to give us a direction aye...
hmmm...
this is driving me mad...
yep, probably a good time to take the dog for a walk, economic data out @ 13:30 gmt...
  • #448,629
  • May 25, 2011 5:55am May 25, 2011 5:55am
Quoting PayTheLimit
indeed, but I like it...

I think more on how people react to movements, most of us are doing the exact same thing. I think that is why so many are loosing. Cause we get that squeeze, all the time...

And also the RiskReward mindset with the trend is your friend is not very good...

For me choppiness is my friend, but I rarely take positions both ways in a day.
I don't have many trades each day either...
  • #448,630
  • May 25, 2011 5:56am May 25, 2011 5:56am
Quoting T.E.Lawrence
I lost 20 pips on euro, today, trading this stupid PA, but already get it back with gold - still staying on the long side.
do u think silver will follows?
Patience, Emotion Control and Discipline.
  • #448,631
  • May 25, 2011 5:56am May 25, 2011 5:56am
Quoting Gleneagles
Right, it is suppose to be like that, if it was too easy nobody would trade it, they would outsource it to a cheap clerk while they sip cocktails on a tropical island

ahhah | :-) I will take aim !
  • #448,632
  • May 25, 2011 5:58am May 25, 2011 5:58am
Quoting T.E.Lawrence
I lost 20 pips on euro, today, trading this stupid PA, but already get it back with gold - still staying on the long side.
not surprising given the chop, but I've been seeing that a lot on here this week...
  • #448,633
  • May 25, 2011 6:02am May 25, 2011 6:02am
Quoting johncen
do u think silver will follows?
I don't know.
  • #448,634
  • May 25, 2011 6:02am May 25, 2011 6:02am
Quoting Larseg
I think more on how people react to movements, most of us are doing the exact same thing. I think that is why so many are loosing. Cause we get that squeeze, all the time...

And also the RiskReward mindset with the trend is your friend is not very good...

For me choppiness is my friend, but I rarely take positions both ways in a day.
I don't have many trades each day either...
all very well in a trending market, but is all that bog standard retail dogma really designed to be profitable or just to provide liquidity cannon fodder? where's me tin foil hat??
  • #448,635
  • May 25, 2011 6:03am May 25, 2011 6:03am
Quoting FibbinArchie
neither, we've been in a 150 pip consolidation range since the open sunday...
Exactly ... it's a fully neutralized consolidation phase ...

And it definitely will come to an end ... question is where and when and which way ...

The views of McPip has not been that bad at all. Think about for a while ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-05-25_13h01_ EURUSD _ xWeeks _ (200) candle + TL + TC + PP.PNG Size: 42 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #448,636
  • May 25, 2011 6:04am May 25, 2011 6:04am
Quoting mercy seat
Exactly ... it's a fully neutralized consolidation phase ...

And it definitely will come to an end ... question is where and when ...

The views of McPip was not that bad at all. Think about for a while ...



;-|


when smart money is ready to move it I guess...

you'll have to remind me..
  • #448,637
  • May 25, 2011 6:06am May 25, 2011 6:06am
Quoting FibbinArchie
all very well in a trending market, but is all that bog standard retail dogma really designed to be profitable or just to provide liquidity cannon fodder? where's me tin foil hat??

I have had the same thoughts FA, why make it harder than it is.
The worst BS which almost killed me was the risk reward.
  • #448,638
  • May 25, 2011 6:08am May 25, 2011 6:08am
Quoting Larseg
I have had the same thoughts FA, why make it harder than it is.
The worst BS which almost killed me was the risk reward.
plays in to the whole prediction/"knowing better than the market" mindset, just reacting to price is a better policy imo...
  • #448,639
  • May 25, 2011 6:09am May 25, 2011 6:09am
Quoting darimik
loaded up on some longs at 4048. wonder how much thats going to cost me lol
all longs sl @ BE now. targets remain mentioned earlier. I have also scaled out some +25 pips, because I cannot monitor the trade anymore. see you all later. have an exam to do.
  • #448,640
  • May 25, 2011 6:10am May 25, 2011 6:10am
Quoting T.E.Lawrence
I don't know.
same here....
I should just wait and see what NY session will bring us
Patience, Emotion Control and Discipline.
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