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  • #121
  • Jul 13, 2011 5:44am Jul 13, 2011 5:44am
EURUSD M15, 35/50 Touch ??
  • #122
  • Jul 13, 2011 5:54am Jul 13, 2011 5:54am
Quoting Haydel
EURUSD M15, 35/50 Touch ??
of course, but they have started turning and as we see now the reaction was not strong, if i was in it i would take my 10 pips and run.
also if the bar in H4 closes as it is... guess what direction we are going
  • #123
  • Jul 13, 2011 5:58am Jul 13, 2011 5:58am
Quoting Haydel
EURUSD M15, 35/50 Touch ??
Took it on PA, did not take profit at + 10 pip, and end up BE
  • #124
  • Jul 13, 2011 6:02am Jul 13, 2011 6:02am
Quoting asos101
never let a winner turn into a loser
i took the same right on the touch, it went for +18 and because i was closing a GU for +15 i almost lost all profit on that one and just managed to get +8. but seein a trade go your way and then let it come back to slap you in the face is something i try to avoid as much as possible lately. i prefer 1-2 pips or BE than sweating in the red.

thanks asos101! you are right! I have to improve the reaction in order to be a better dancer! Also m15/50 gave 10 pips as you said!
  • #125
  • Jul 13, 2011 6:08am Jul 13, 2011 6:08am
Quoting asos101
of course, but they have started turning and as we see now the reaction was not strong, if i was in it i would take my 10 pips and run.
also if the bar in H4 closes as it is... guess what direction we are going
Thanks for your comments; although the price went about 12 pips up form where I went long, as you said, it reversed. But, I was able to close with 5 pips profit
  • #126
  • Jul 13, 2011 6:44am Jul 13, 2011 6:44am
now you all may be swearing at me for not keeping your longs for longer after that 35 pip run, but unless you entered idealy most would have been shaken out of their 12-15 pips stop.
just remember noone knows the future, and the final decision is yours.

as i said here a few times already, price may do 1-2-3 of my scenarios "or it may ignore me completely and do its thing", thats trading, nothing is exact.
  • #127
  • Edited 10:40am Jul 13, 2011 6:49am | Edited 10:40am
USDJPY H1 Constrainment.

H1 Constrained by 10EMA
H4 Price Below all MAs, Trend going down.
D1 Price Below all MAS, Trend going down.

Wishing that survivor is here to confirm.
  • #128
  • Jul 13, 2011 6:56am Jul 13, 2011 6:56am
Quoting asos101
now you all may be swearing at me for not keeping your longs...
Not at all asos101. That is part of this business. Please keep sharing your thoughts.
  • #129
  • Jul 13, 2011 6:59am Jul 13, 2011 6:59am
Quoting Haydel
USDJPY H1 Constraintment.

H1 Constrained by 10EMA
H4 Price Below all MAs, Trend going down.
D1 Price Below all MAS, Trend going down.

Wishing that survivor is here to confirm.
I'm about to enter short at H1 COB. Any comment?
  • #130
  • Jul 13, 2011 7:07am Jul 13, 2011 7:07am
Quoting Haydel
I'm about to enter short at H1 COB. Any comment?
news time/?
i dont follow JPY by the way, maybe we should have a poll to see what pairs people who follow the dance trade.
  • #131
  • Jul 13, 2011 7:45am Jul 13, 2011 7:45am
(EU) for a moment i thought they decided to close the gap Kostas left up there on monday
  • #132
  • Jul 13, 2011 7:47am Jul 13, 2011 7:47am
Quoting kostas1
This may be an opportunity an M15 35/50 bounce if it gets all the way down there. H1 10 is close to that area as well.
What a great opportunity that was! I rode all the way for +100p, but with half the normal lot size since I was not at the computer. I wish I was there...Anyway, this was still worth +50p regular size lot for me, can't complain. You should now look at the regular M15/10 bounce or touch.

EDIT: for Asos: I still think it's going for the gap, which is why I let this trade with so bit TP (my SL was 25p below where I entered).
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.jpg Size: 223 KB
  • #133
  • Jul 13, 2011 7:56am Jul 13, 2011 7:56am
Quoting kostas1
What a great opportunity that was! I rode all the way for +100p, but with half the normal lot size since I was not at the computer. I wish I was there...Anyway, this was still worth +50p regular size lot for me, can't complain. You should now look at the regular M15/10 bounce or touch.

EDIT: for Asos: I still think it's going for the gap, which is why I let this trade with so bit TP (my SL was 25p below where I entered).
  • #134
  • Jul 13, 2011 8:02am Jul 13, 2011 8:02am
EU, SMA35 EMA50 H4 touch at 1.4180-1.4210. The price is moving very fast which is not good but stay alert.
  • #135
  • Jul 13, 2011 8:15am Jul 13, 2011 8:15am
Quoting kostas1
What a great opportunity that was! I rode all the way for +100p, but with half the normal lot size since I was not at the computer. I wish I was there...Anyway, this was still worth +50p regular size lot for me, can't complain. You should now look at the regular M15/10 bounce or touch.

EDIT: for Asos: I still think it's going for the gap, which is why I let this trade with so bit TP (my SL was 25p below where I entered).
Amazing!!! If I were in this position, I may have resetted SL to BE after +25 pip and ended up 0 pip !!!!!

Haven't you resetted SL to BE after +25pip????
  • #136
  • Jul 13, 2011 8:20am Jul 13, 2011 8:20am
Quoting kk007
Amazing!!! If I were in this position, I may have resetted SL to BE after +25 pip and ended up 0 pip !!!!!

Haven't you resetted SL to BE after +25pip????
If I were in front of the computer I would have probably TP at the RN 1.4100 (total profit of +53p). But I had to be in a meeting and therefore I cut the lot size in half and let it run higher (again I felt that the gap needed to be covered). I do not use BE in my trades, if I see that the price is stalling I take profit.

P.S. Why were you not in this position? We talked about it 3-4 hrs before it happened and the confluence was just too good to ignore.....
  • #137
  • Jul 13, 2011 8:28am Jul 13, 2011 8:28am
Quoting kostas1
If I were in front of the computer I would have probably TP at the RN 1.4100 (total profit of +53p). But I had to be in a meeting and therefore I cut the lot size in half and let it run higher (again I felt that the gap needed to be covered). I do not use BE in my trades, if I see that the price is stalling I take profit.

P.S. Why were you not in this position? We talked about it 3-4 hrs before it happened and the confluence was just too good to ignore.....
Thanks kostas1!
I demo trade for the first few hours of London session at the moment, because I have not got use to trading longer hours (too much excitement for my mind), but I will get use to trading longer hours soon.

I heard that "Never let a winner become a loser" from time to time, and I typically reset SL to BE once profit is about my risked amount.
  • #138
  • Jul 13, 2011 8:31am Jul 13, 2011 8:31am
Quoting kk007
Thanks kostas1!
I demo trade for the first few hours of London session at the moment, because I have not got use to trading longer hours (too much excitement for my mind), but I will get use to trading longer hours soon.

I heard that "Never let a winner become a loser" from time to time, and I typically reset SL to BE once profit is about my risked amount.
Well see if you can catch the reaction from the M15 10 in EU now....
  • #139
  • Jul 13, 2011 8:33am Jul 13, 2011 8:33am
Quoting kostas1
Well see if you can catch the reaction from the M15 10 in EU now....
Not trading now! About time to sleep in my time zone... not prepare to be stressful now....

I know the best time of trading is about these hours, but I need some time to shift my life style.

  • #140
  • Edited 10:11am Jul 13, 2011 8:59am | Edited 10:11am
Quoting Haydel
USDJPY H1 Constrainment.

H1 Constrained by 10EMA
H4 Price Below all MAs, Trend going down.
D1 Price Below all MAS, Trend going down.

Wishing that survivor is here to confirm.
I'm with this trade still open with 22 pips profit already. But if you are interested there is a possible touch to Short on M15 10 EMA near RN.
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