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  • #471,201
  • Jun 24, 2011 1:39am Jun 24, 2011 1:39am
  •  mrmat
  • | Joined Sep 2010 | Status: One day I shall leave the temple | 131 Posts
Shorted a bit higher, but added on the break so Avg cost is 1.6010...

1/2 Stop a bit above BE, other at 1603...
  • #471,202
  • Jun 24, 2011 1:39am Jun 24, 2011 1:39am
Moving averages are the way to go. Understand future support and resistance, but trade your entries and exits based off of market momentum, cycles, and overall trends with just Moving averages. The interesting part is there is a moving average for everyone! whether your a fibo number kinda person or you pick your favorite roulette numbers haha.

The only things on my charts are moving averages with PP and Fibs. Simple is best.
  • #471,203
  • Jun 24, 2011 1:41am Jun 24, 2011 1:41am
Well, this is a little better. It probably won't come and punch me in the nose again until at least London open. Actually, my feeling is it might not. That's the other side of saying I didn't like it an hour ago or so. It couldn't budge 70 except for ask side fails, and it looked like it was probably around one of those magic fib proportions. It stunk.
  • #471,204
  • Jun 24, 2011 1:42am Jun 24, 2011 1:42am
oh my .... this is glorious
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  • #471,205
  • Jun 24, 2011 1:45am Jun 24, 2011 1:45am
Here we go again....i hope it'll break 1.4100 this time.
It fail to do so yesterday.
  • #471,206
  • Jun 24, 2011 1:47am Jun 24, 2011 1:47am
Quoting fxjawn
oh my .... this is glorious
Lol...well done there... London about to open and 1.427x is still wide open for them to play that level (weekly roll), clean break 1.423x will resume the move....good luck.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #471,207
  • Jun 24, 2011 1:49am Jun 24, 2011 1:49am
Quoting Chicky
That debt ceiling issue wasted my whole week. Pa came down 200 pips just to eat my sl at 1.4150 BE. Now its stuck. Have to rely on scalping.
Sorry to hear you got picked off on those.
  • #471,208
  • Jun 24, 2011 1:51am Jun 24, 2011 1:51am
im closing some here
  • #471,209
  • Jun 24, 2011 1:52am Jun 24, 2011 1:52am
This is a funny thread....it is so hilarious to see some group of people shouts it will go north north and then market suddenly moves south and then other group jumps in to say "I already told u it will go south" and they start posting quotes how they forcast it will go south
Trade responsiblypatience is the key/Swing trader
  • #471,210
  • Jun 24, 2011 1:53am Jun 24, 2011 1:53am
Quoting sisse
Lol...well done there... London about to open and 1.427x is still wide open for them to play that level (weekly roll), clean break 1.423x will resume the move....good luck.

sisse
thanks i took some profit and left half
  • #471,211
  • Jun 24, 2011 1:54am Jun 24, 2011 1:54am
Quoting Incrediblle
This is a funny thread....it is so hilarious to see some group of people shouts it will go north north and then market suddenly moves south and then other group jumps in to say "I already told u it will go south" and they start posting quotes how they forcast it will go south
  • #471,212
  • Jun 24, 2011 1:55am Jun 24, 2011 1:55am
If "WTF Happened" happens, it will happen between 1.4206 and 1.4169. But if not, will be good for me.
The Thief of Wall Street
  • #471,213
  • Jun 24, 2011 1:57am Jun 24, 2011 1:57am
Quoting Incrediblle
This is a funny thread....it is so hilarious to see some group of people shouts it will go north north and then market suddenly moves south and then other group jumps in to say "I already told u it will go south" and they start posting quotes how they forcast it will go south
i am just playing the breakdown of the bull flag on the hour chart... was my plan the whole time.... i was gonna play long if the had a breakout of the flag and busted through the 4300-4330 resistance areas... i just knew it would go one way and waited....

i have some longer term position trades to but i also day and swing trade...

anyway ill play those intermediate trends all day if they will give me 30 -120 pips
  • #471,214
  • Jun 24, 2011 1:59am Jun 24, 2011 1:59am
Quoting Incrediblle
This is a funny thread....it is so hilarious to see some group of people shouts it will go north north and then market suddenly moves south and then other group jumps in to say "I already told u it will go south" and they start posting quotes how they forcast it will go south
plus the new will be comming in the am
  • #471,215
  • Jun 24, 2011 2:00am Jun 24, 2011 2:00am
Quoting fxjawn
i am just playing the breakdown of the bull flag on the hour chart... was my plan the whole time.... i was gonna play long if the had a breakout of the flag and busted through the 4300-4330 resistance areas... i just knew it would go one way and waited....

i have some longer term position trades to but i also day and swing trade...

anyway ill play those intermediate trends all day if they will give me 30 -120 pips
No worries my comment was in general and not meant to you
Trade responsiblypatience is the key/Swing trader
  • #471,216
  • Jun 24, 2011 2:01am Jun 24, 2011 2:01am
Quoting fxjawn
i am just playing the breakdown of the bull flag on the hour chart... was my plan the whole time.... i was gonna play long if the had a breakout of the flag and busted through the 4300-4330 resistance areas... i just knew it would go one way and waited....

i have some longer term position trades to but i also day and swing trade...

anyway ill play those intermediate trends all day if they will give me 30 -120 pips
I guess you have an unlimited funds to play with
  • #471,217
  • Jun 24, 2011 2:01am Jun 24, 2011 2:01am
Negative reversals push EU pair down. Currently its retesting DPP around 4240.

If we have a momentum push we could see 4195 then 4165. Resistance lies at 4275 4300 4330.

I have sold it yesterday at 4264 with 17 pips s/l.

Still holding it.

Maybe ill close a bit now

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RSI needs to break LVL 40
  • #471,218
  • Jun 24, 2011 2:02am Jun 24, 2011 2:02am
Quoting Incrediblle
No worries my comment was in general and not meant to you
i know i just felt like being sassy....

i respect ur type of trading .... takes alot of decipline
  • #471,219
  • Jun 24, 2011 2:02am Jun 24, 2011 2:02am
morning all

Short @ 4240. After we retraced to the 50% of the downmove from yesterday we should be getting back south
  • #471,220
  • Jun 24, 2011 2:04am Jun 24, 2011 2:04am
Quoting DudeSepii
I guess you have an unlimited funds to play with
heck no but if i realize im on the wrong side ill get out asap .... i deff waisted some cash in the past but doing well now...
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