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  • #488,261
  • Jul 13, 2011 8:34am Jul 13, 2011 8:34am
Quoting piptornado
Nope. This area is historically a tough nut, both ways. Lot of interest, so that means a lot of eyes on it.
The way I see the end of this bounce: A day with a flat Asian session, market too calm, then when London wakes up heavy selling with big H1 H4 red bars.
  • #488,262
  • Jul 13, 2011 8:35am Jul 13, 2011 8:35am
Quoting Faller
So would you not say it would have been a better trade to go long? It has just bounced over 40 pips.......if you made that trade you might get my attention......but to short it for a long waiting 30 pips as you said in your earlier post...........wtf? and wow look at it now.....you now have 50 pips in less then 20 mins as oppose to 40 pips in 3 hours. Go back to your closet.
no offence faller..!!!! just came on to forum and saw you both arguing over one another... and 3 pages of nonsense.....

he is playing it right and so are you....

i dont think you need more details.... technically .. scalping can be done both ways as long as you know what the price is going to be from here....
  • #488,263
  • Jul 13, 2011 8:35am Jul 13, 2011 8:35am
Quoting PayTheLimit
watching that old 73/77 area, sold a bit against it, will see if I can get a lead on it...
same area, different method...
Attached Image
Look Sharp/Trade Tight
  • #488,264
  • Jul 13, 2011 8:36am Jul 13, 2011 8:36am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd6.PNG Size: 39 KB
  • #488,265
  • Jul 13, 2011 8:37am Jul 13, 2011 8:37am
stopped out, -40

edit: stopped for 0,3 pips and now its going bloody south (rage)
  • #488,266
  • Jul 13, 2011 8:37am Jul 13, 2011 8:37am
I really hate when traders are to eager to get in which happen just now... we had a lovely trend and then someone farts... no biggie just happens so often...
  • #488,267
  • Jul 13, 2011 8:38am Jul 13, 2011 8:38am
Quoting sintelion
stopped out, -40
you will get the next one! Just don't go in and revenge trade.
  • #488,268
  • Jul 13, 2011 8:38am Jul 13, 2011 8:38am
Quoting sintelion
stopped out, -40

no that's good, cut your losses... back to work

I reckon 45% in here are short and still holding...
  • #488,269
  • Jul 13, 2011 8:40am Jul 13, 2011 8:40am
Quoting PayTheLimit
same area, different method...
Target?
1.4050 / 1.4029?
RichieEU
  • #488,270
  • Jul 13, 2011 8:40am Jul 13, 2011 8:40am
Quoting Larseg

I reckon 45% in here are short and still holding...

and adding...,
Look Sharp/Trade Tight
  • #488,271
  • Jul 13, 2011 8:40am Jul 13, 2011 8:40am
I have to move some stop loss-es on other pairs, so see you later guy. enjoy the analysis.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd7.PNG Size: 40 KB
  • #488,272
  • Jul 13, 2011 8:41am Jul 13, 2011 8:41am
Quoting PayTheLimit
no..but lets just say that when I lived stateside FX was maybe 10% of my trading activities, now it is 100%...
Ok. I used to trade DAX, but EU is more volatile. Still not sure whether that is plus.
  • #488,273
  • Jul 13, 2011 8:41am Jul 13, 2011 8:41am
Quoting PayTheLimit
and adding...,

last exit here (5min actually went short though)
that 85 tick guy fucked it up really bad

lol
  • #488,274
  • Jul 13, 2011 8:41am Jul 13, 2011 8:41am
Quoting PayTheLimit
and adding...,
P-T-L....
  • #488,275
  • Jul 13, 2011 8:42am Jul 13, 2011 8:42am
Quoting RichieEU
Target?
1.4050 / 1.4029?
sure......



seriously though, shorts need 36/41 to give way, but that wont be easy...I have covered a good amount, and now I am watching 73/77, if that doesnt hold I will cover and call it a day...
Look Sharp/Trade Tight
  • #488,276
  • Jul 13, 2011 8:42am Jul 13, 2011 8:42am
Quoting attila
P-T-L....
Look Sharp/Trade Tight
  • #488,277
  • Jul 13, 2011 8:43am Jul 13, 2011 8:43am
Quoting Hawk2
4105? if you have taken some profits set yourself a stop and adjust it on the way down. If your stop gets hit you still have a free trade.

my 30m is starting to look short, 1h is trying, give them room to work.
in my book that 30 mins show that resistance become support ....tell me if i am doing something wrong ...... i bought on 4040 targeting 4180
  • #488,278
  • Jul 13, 2011 8:43am Jul 13, 2011 8:43am
Quoting piptornado
you will get the next one! Just don't go in and revenge trade.
Yap. Loses are part of the game. Not nice one, but can't ignore them. The trade was according to the charts and the strategy so I'm cool. And no, definetely no revenge trades.

p.s.: still, getting stopped out for 0,3 pips is highly annoying.
  • #488,279
  • Jul 13, 2011 8:44am Jul 13, 2011 8:44am
I scalped a bit around today, and ended up with shorting the eu at 1.4080. Sl is at 1.41 since I think when it goes higher then that, it should go to 1.4140 at least. For the down side I still see more profits then up.
  • #488,280
  • Jul 13, 2011 8:44am Jul 13, 2011 8:44am
Quoting Larseg
last exit here (5min actually went short though)
that 85 tick guy fucked it up really bad

lol
sorry
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