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EURUSD

  • #464,141
  • Jun 16, 2011 9:40am Jun 16, 2011 9:40am
EURO scares me. made my 50ish pips shorting EU t/p at 4119, now what? anyone shorting again? It looks like a short-term bullish correction for me...
trading is my zen
  • #464,142
  • Jun 16, 2011 9:43am Jun 16, 2011 9:43am
Quoting T@rantula
A good one.

http://www.imdb.com/title/tt0978764/
Thanks.. I will watch it.. : )
  • #464,143
  • Jun 16, 2011 9:44am Jun 16, 2011 9:44am
Closed for 10 pips...had a great run today....a little choppy, so Ill wait to c what 2pm brings

Quoting needpips
long at 415...looking for 42...tight SL as with scalps....lets C (playing with the houses $ here by the way)
  • #464,144
  • Jun 16, 2011 9:45am Jun 16, 2011 9:45am
Quoting KiwiTrada
4173 Be Progressive Bank 1/3 4148 25+
stopped

s 4168 sl 4175 -7 for elephantman
If you are new to Forex? Say Goodbye to your account!!
  • #464,145
  • Jun 16, 2011 9:47am Jun 16, 2011 9:47am
Quoting KiwiTrada
stopped

s 4168 sl 4175 -7 for elephantman
ty
Hero calls followed by margin calls...
  • #464,146
  • Jun 16, 2011 9:47am Jun 16, 2011 9:47am
Quoting ShirleyLo
EURO scares me. made my 50ish pips shorting EU t/p at 4119, now what? anyone shorting again? It looks like a short-term bullish correction for me...
Ya.. same to me Shirley..
  • #464,147
  • Jun 16, 2011 9:48am Jun 16, 2011 9:48am
Quoting Purple
Yeah.. I dont see any divergence in this upmove.. so I think its better too shorting tops.. but right now I am not worried about today's close.. I am thinking about what the Friday candle will look like.. we are at todays open price right now .. we can have a hammer .. the volume till now 10AM EST is already too high.. whatever candle it forms today will be a higher volume than yesterdays.. and a hammer with that volume..
so probably develop a little range around preparing to recover some ground and probably after resume move

regards
  • #464,148
  • Jun 16, 2011 9:48am Jun 16, 2011 9:48am
Quoting Purple
Yeah.. I dont see any divergence in this upmove.. so I think its better too shorting tops.. but right now I am not worried about today's close.. I am thinking about what the Friday candle will look like.. we are at todays open price right now .. we can have a hammer .. the volume till now 10AM EST is already too high.. whatever candle it forms today will be a higher volume than yesterdays.. and a hammer with that volume..
Yesterday bar is way too large and across support (clean break of support) for a rejection play tomorrow ("a hammer" in your words). IMO, it needs a daily break back 1.428x to cause collateral damage on bears so any daily candle form today is irrelevant in my books below this level.

In any case, good luck and agree on the weekly close.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #464,149
  • Jun 16, 2011 9:50am Jun 16, 2011 9:50am
Quoting ShirleyLo
EURO scares me. made my 50ish pips shorting EU t/p at 4119, now what? anyone shorting again? It looks like a short-term bullish correction for me...
Same happened to me , still waiting to know where to go after 30 minutes , in case 1.4170 Hold i will long , in case below will have to check it again . be patient the news of philly index turned all our expectation in short . take care
  • #464,150
  • Jun 16, 2011 9:53am Jun 16, 2011 9:53am
Quoting KiwiTrada
stopped

s 4168 sl 4175 -7 for elephantman
sl BE 4168
If you are new to Forex? Say Goodbye to your account!!
  • #464,151
  • Jun 16, 2011 9:53am Jun 16, 2011 9:53am
Quoting ShirleyLo
EURO scares me. made my 50ish pips shorting EU t/p at 4119, now what? anyone shorting again? It looks like a short-term bullish correction for me...
absolutely in the cards.

4202, 4265, 4320. above would be weird
Hero calls followed by margin calls...
  • #464,152
  • Jun 16, 2011 9:54am Jun 16, 2011 9:54am
Quoting mercy seat
Not much time now ...

Upside limited at first ...

As long as mkt does not cut lower than 1.4157 or 1.4150 it can see some corrective upside towards 1.4226 - 1.4239 or 1.4262 again. Extention to 1.4304 - 1.4319 is possible later as well ...

While below 1.4226 or 1.4262 there is still risk towards 1.4127 - 1.4070 ...

Keine Zeit jetzt ...



Telefonmann



;-|

Afternoon ...

http://www.forexfactory.com/attachme...1&d=1308211698



And we did see our downside ...

Upside risk is growing ...



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-06-16_16h25_ EURUSD _ min002 _ (500) bar + BB + TL + MA.PNG Size: 43 KB
Click to Enlarge Name: 2011-06-16_16h00 - Pivots + ZigZag A-B-C _ EURUSD _ Update B _ W-24.PNG Size: 121 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #464,153
  • Jun 16, 2011 9:55am Jun 16, 2011 9:55am
Quoting Pipsforall
I agree 100%, it took me years, but in my honest opinion the only way to survive long term, and eventually become self-sufficient in forex is to trade PA in conjunction with MA, I trade completely indicator free, and I rarely use FIBOS. Btw, I do enjoy reading your posts, so please keep posting. lol

What is PA????
aka honcho
  • #464,154
  • Jun 16, 2011 9:55am Jun 16, 2011 9:55am
Quoting ShirleyLo
EURO scares me. made my 50ish pips shorting EU t/p at 4119, now what? anyone shorting again? It looks like a short-term bullish correction for me...
relax. The thing is u dont need 100 pips per day. U need to be consistent. Thats all
  • #464,155
  • Jun 16, 2011 9:57am Jun 16, 2011 9:57am
Pound is holding back after bouncing from 200MA.. but little divergence.. i think we are in a bearish channel now on dailies..
  • #464,156
  • Jun 16, 2011 9:59am Jun 16, 2011 9:59am
Quoting KiwiTrada

sl BE 4168
progressive bank 1/3 4148 20+
If you are new to Forex? Say Goodbye to your account!!
  • #464,157
  • Jun 16, 2011 9:59am Jun 16, 2011 9:59am
Gotta love those M30 H1 shooting stars dojis and spinners all pointing in only one direction
Don't get mad, get even!
  • #464,158
  • Jun 16, 2011 9:59am Jun 16, 2011 9:59am
Quoting PhAnTi'
yes the trend down from 14498 found support @14072 from 2 days back..in short term I not expect to go down below 14072, so I plan to buy at all support points..
" Accepting losses is the most important single investment devise "
  • #464,159
  • Jun 16, 2011 10:04am Jun 16, 2011 10:04am
Quoting freedom48
yes the trend down from 14498 found support @14072 from 2 days back..in short term I not expect to go down below 14072, so I plan to buy at all support points..
why dont sell supplys instead?

but ok,if u expect pa not to drop below 4072 u played it smart....

plan the trade,trade the plan
Hero calls followed by margin calls...
  • #464,160
  • Jun 16, 2011 10:04am Jun 16, 2011 10:04am
SL BE now, let's see how far the rabbit hole goes, silver up 15 pips at the same time... laughing.
Attached Image (click to enlarge)
Click to Enlarge Name: eu16061.gif Size: 21 KB
Don't get mad, get even!
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