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  • #492,321
  • Jul 18, 2011 10:17am Jul 18, 2011 10:17am
Quoting Traderji
@sisse - Could you explain what you mean by "in the bid holding this'? I am not familiar with a lot of the terminology used here
I think he means that maybe it was London that was trying to block the downtrend
  • #492,322
  • Jul 18, 2011 10:18am Jul 18, 2011 10:18am
40 area again.
  • #492,323
  • Jul 18, 2011 10:18am Jul 18, 2011 10:18am
Quoting Pip to Pip
aproaching a supply zone in 20ish pips
demand...

guys, wanna be honest ...you should start with the basics..... or did you also bang two cars into a wall before making your driver's license?
Hero calls followed by margin calls...
  • #492,324
  • Jul 18, 2011 10:20am Jul 18, 2011 10:20am
added at 40, 5p SL
  • #492,325
  • Jul 18, 2011 10:20am Jul 18, 2011 10:20am
well.... sometimes $h!t happens..... what an @$$....

btw, congrats on shorts on friday needpips.
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  • #492,326
  • Jul 18, 2011 10:21am Jul 18, 2011 10:21am
thats knowlwdge we have to share, channel tradding.
thanks bro
  • #492,327
  • Jul 18, 2011 10:21am Jul 18, 2011 10:21am
So eu playing at important levels , waiting .
fontu
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Click to Enlarge Name: eu2.gif Size: 7 KB
Click to Enlarge Name: eu3.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,328
  • Jul 18, 2011 10:24am Jul 18, 2011 10:24am
Quoting Traderji
@sisse - Could you explain what you mean by "in the bid holding this'? I am not familiar with a lot of the terminology used here
In simple words simply waiting for the sellers to move to buy each dip....for a very shallow example open your H1 and check you London opening candle. what did they do? buy or sell?. What happens if they raise the bid? ...that was the point I was trying to make...

I hope it helps

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #492,329
  • Jul 18, 2011 10:27am Jul 18, 2011 10:27am
Quoting piptornado
40 area again.

Very, very, very significant.......
  • #492,330
  • Jul 18, 2011 10:28am Jul 18, 2011 10:28am
Quoting dag777
Morning ,

will watch the area around 4110/15 for possible retest
and another leg down from there,
if we got bearish signs i may short it at that level,
longs i see earliest at 3980 or even 3950, i may be wrong.

Good luck for the new week
had a meeting and set a pending short at 4110,
returning back from dayjob and see my order missed it by a few ,
congrats to all who catched it at 4095, well done
  • #492,331
  • Jul 18, 2011 10:28am Jul 18, 2011 10:28am
Quoting JackintheBox
@Sisse I'm watching also GBP/USD, there I could see who kicked down. So I could be quite sure that Eur/usd will stall if London boys close their books (also big sell pressure on GBP/USD (institutionals?) from 1.6060, always nice to watch if books get cleared because lot's of them don't care about charting on 5 minute frame, sometimes I use that).
short: Eur got hit by selling from GBP, my opinion. Worked out for me.

I am short term trader, so close of London is essential for me (that's waht I meant by Euro dried out like a...
Sure I see what you mean, well London close is not only important for you but for all intraday traders....good luck

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #492,332
  • Jul 18, 2011 10:28am Jul 18, 2011 10:28am
looking to see if 52 caps this. the chart has done well

Attached Image
  • #492,333
  • Jul 18, 2011 10:29am Jul 18, 2011 10:29am
Quoting sisse
Sure I see what you mean, well London close is not only important for you but for all intraday traders....good luck

sisse

Yup, LC in 2 mins will tell us the story for the rest of the day.
  • #492,334
  • Jul 18, 2011 10:29am Jul 18, 2011 10:29am
Quoting cloggie
That is the bible and should be on everyone's shelf here.

Ok if Cloggie says this is the bible I have just ordered! now just gotta wait till it gets here!
  • #492,335
  • Jul 18, 2011 10:31am Jul 18, 2011 10:31am
Quoting pipdude
short 1.4081, sl +0
short exit 2/4 +50
  • #492,336
  • Jul 18, 2011 10:32am Jul 18, 2011 10:32am
Quoting cloggie
Yup, LC in 2 mins will tell us the story for the rest of the day.
When you say, this will tell us how the rest of the day goes, do oyou mean if it is above the 40 area we are going up and below, we go down?
  • #492,337
  • Jul 18, 2011 10:32am Jul 18, 2011 10:32am
Quoting Schoey
Ok if Cloggie says this is the bible I have just ordered! now just gotta wait till it gets here!

It is 500-600 pages, unlike some of the cr@p that wannabe traders publish nowadays. You'll like it.
  • #492,338
  • Jul 18, 2011 10:32am Jul 18, 2011 10:32am
heres swano

heavy night last night

hate drinking

i quit forever till next weekend

erh

apart from that eur/usd is looking good

gbp/usd

dont know about
just been trading eur /usd laterly

pretty much just been trading that
  • #492,339
  • Jul 18, 2011 10:33am Jul 18, 2011 10:33am
long story short i feel sick
erh
  • #492,340
  • Jul 18, 2011 10:35am Jul 18, 2011 10:35am
Quoting swano
long story short i feel sick
erh
feel better.
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