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  • #981
  • Jul 25, 2011 12:49pm Jul 25, 2011 12:49pm
Quoting infinitus
Hello Dear Friends,

back from vacation and back from the first day of work. Hope you all had a good time the last 3 weeks :-)

Three weeks nearly without trading, but what should I say: I survived it :-)

Best to you all,

Markus

Ja siehste ... that's what I thought ...

Er lebt ...

Nice to see you here amongst us ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #982
  • Jul 25, 2011 1:03pm Jul 25, 2011 1:03pm
Quoting mercy seat
It's neutralised bias ...

Range trading ... or better say small range scalping mode ...

Cross of below 1.4370 and some weakness will prevail again ...

But no big deals currently ...

Maybe 15 or 20 points ... und gut iss ...



;-|
4370..going to hold

aligator
born to speculate
  • #983
  • Jul 25, 2011 1:18pm Jul 25, 2011 1:18pm
Quoting aligater
4370..going to hold

aligator
Yes ... currently looks like ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #984
  • Jul 25, 2011 1:20pm Jul 25, 2011 1:20pm
Quoting infinitus
Hi Vishal,

get better soon my friend.

Change background colour to dark gray. It is much, much better and more healthy for your eyes.

Maybe your migraine is due to bad eyes. Maybe have a visit at your opthalmologist.


Catch ya later,


Markus
Hey Markus
Nice to hear you're back home

My eyes are fine mate, its just that i've started spending too much time watching charts continuously like some psych

Scalping is safer for me but im avoiding it for past few days. i'll get better soon

i prefer dark shades as you can see my pc settings too in the image below but cannot change the theme of FF as i checked it earlier there's only one default theme with white background.

Will stay in touch,

Vishal
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Hope
  • #985
  • Jul 25, 2011 2:05pm Jul 25, 2011 2:05pm
Hey Friends,

im unable to scalp so took two trades. one is active Sell @1.4372 & another is pending Sell @ 1.4430.
T/P 1.4150.
S/L 1.4460
Risk - 120pips. Reward - 500pips

its a counter trend trade according EMA's but im sure if it comes down below 1.4300 then we might see a little downtrend.

Green Pips to All.
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Hope
  • #986
  • Jul 25, 2011 3:18pm Jul 25, 2011 3:18pm
Quoting TheGamer
Hey Friends,

im unable to scalp so took two trades. one is active Sell @1.4372 & another is pending Sell @ 1.4430.
T/P 1.4150.
S/L 1.4460
Risk - 120pips. Reward - 500pips

its a counter trend trade according EMA's but im sure if it comes down below 1.4300 then we might see a little downtrend.

Green Pips to All.

Oooops ...

What is that?

A repair trade? Or maybe a revenge trade? Just because your scalp did not work out nicely? Within the last one and a half hour ...

And now ... a real position trade ... with a projection of 251 pips move from (aggregated sum of 1.4401 towards 1.4150) ...

But at the same time a supertight stop loss at 1.4460 (only 30 pips beyond your second entry) ?

And this should work for you?



But you are aware ... that you could have been closed your unprecise manual order (so what minimal shit happens sometimes) from 1.4372 at somwhat close around 1.4369 area ... ?!?

And on what kind of mindset or idea is that based on now ?

What makes you believe or being convinced that 1.4460 will not be easilly hit anymore?



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #987
  • Jul 25, 2011 3:37pm Jul 25, 2011 3:37pm
Quoting infinitus
Hello Dear Friends,

back from vacation and back from the first day of work. Hope you all had a good time the last 3 weeks :-)

Three weeks nearly without trading, but what should I say: I survived it :-)

Have been in lurking mode every here and then. I like this new thread very much.


Hope to contribute later after analyzing the waves.

Break of 4437 will offer more gains to the upside. 4577 should hold, otherwise bears will be in pain for a test of 4695

Later more.

Best to you all,

Markus
Welcome back Markus!

But at least it has been two weeks - as far as I do remember ...

Ich bin gespannt auf Deine Counts ...

And moreover on your suggestion of trading ranges or strategies based on your Elliott-TA results ...

And some timely prospects should be implemented as well ... i.e. is it meant from day to day ... ? or damn long term aspects (three days of waiting) ... ? or hopefully even only within 3 - 12 hours maximum ... ?



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #988
  • Jul 25, 2011 7:00pm Jul 25, 2011 7:00pm
Quoting TheGamer
Hey Friends,

im unable to scalp so took two trades. one is active Sell @1.4372 & another is pending Sell @ 1.4430.
T/P 1.4150.
S/L 1.4460
Risk - 120pips. Reward - 500pips

its a counter trend trade according EMA's but im sure if it comes down below 1.4300 then we might see a little downtrend.

Green Pips to All.
I like when I see TP Entry and SL.

Well discuss this tomorrow. Hope PA wont get too nasty
  • #989
  • Jul 25, 2011 7:01pm Jul 25, 2011 7:01pm
Quoting infinitus
Hello Dear Friends,

back from vacation and back from the first day of work. Hope you all had a good time the last 3 weeks :-)

Three weeks nearly without trading, but what should I say: I survived it :-)

Have been in lurking mode every here and then. I like this new thread very much.


Hope to contribute later after analyzing the waves.

Break of 4437 will offer more gains to the upside. 4577 should hold, otherwise bears will be in pain for a test of 4695

Later more.

Best to you all,

Markus

Welcome mate!
  • #990
  • Jul 25, 2011 7:28pm Jul 25, 2011 7:28pm
Quoting mercy seat
Oooops ...

What is that?

A repair trade? Or maybe a revenge trade? Just because your scalp did not work out nicely? Within the last one and a half hour ...

And now ... a real position trade ... with a projection of 251 pips move from (aggregated sum of 1.4401 towards 1.4150) ...

But at the same time a supertight stop loss at 1.4460 (only 30 pips beyond your second entry) ?

And this should work for you?

But you are aware ... that you could have been closed your unprecise manual order (so what minimal shit happens sometimes) from 1.4372...
It has to go somewhere Mercy. Nothing related to repair or revenge trade as my balance is still +150pips after banking. its just that im unable to watch charts continuously.
i took it at the behalf of major resistance 1.4444 (mentioned by Gator earlier) & i got 1.4412 1.4429 1.4448 & 1.4456 as resistance levels. if it breaks 1.4460 then only i'll consider my next trade. its the same old trade @ 1.4372 still running.

Quoting T@rantula
I like when I see TP Entry and SL.

Well discuss this tomorrow. Hope PA wont get too nasty
im not even sure if my pending trade @ 1.4430 will activate i'll check these at evening
Hope
  • #991
  • Jul 25, 2011 9:54pm Jul 25, 2011 9:54pm
lol trades closed at S/L too early
Hope
  • #992
  • Jul 25, 2011 9:58pm Jul 25, 2011 9:58pm
Quoting TheGamer
lol trades closed at S/L too early
Plus all of your mentioned resistance levels proved of no significance.
Don't get mad, get even!
  • #993
  • Jul 25, 2011 10:07pm Jul 25, 2011 10:07pm
Quoting stulic
Plus all of your mentioned resistance levels proved of no significance.
Yep, but nobody guessed such bull trend so early. did someone ?
Hope
  • #994
  • Jul 25, 2011 10:25pm Jul 25, 2011 10:25pm
Quoting TheGamer
Yep, but nobody guessed such bull trend so early. did someone ?
To be honest I was expecting one yesterday already but didn't get caught off guard with this one. It was clear coming after Obama speech.
Wouldn't be surprised with 1.47 - 1.50 this week.
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Don't get mad, get even!
  • #995
  • Jul 25, 2011 10:42pm Jul 25, 2011 10:42pm
Quoting stulic
To be honest I was expecting one yesterday already but didn't get caught off guard with this one. It was clear coming after Obama speech.
Wouldn't be surprised with 1.47 - 1.50 this week.
Okay, now that level has crossed i want to long but confused that shall i take it at 1.4470 or put a pending order somewhere near 1.4440.
S/L around 1.4300.

Any suggestions ?
Hope
  • #996
  • Jul 25, 2011 10:56pm Jul 25, 2011 10:56pm
Quoting TheGamer
Okay, now that level has crossed i want to long but confused that shall i take it at 1.4470 or put a pending order somewhere near 1.4440.
S/L around 1.4300.

Any suggestions ?
I'm not trying to catch hundreds of pips in choppy markets like this, I got out with 70 pips but then re-entered @4470, SL 4463 just below this H1 low, TP open.

Obviously no more news are going to come out of Washington tonight, but a surprise deal could be struck anytime in the next couple of days which could trigger a USD rally, always a possibility...
Don't get mad, get even!
  • #997
  • Jul 25, 2011 11:07pm Jul 25, 2011 11:07pm
Quoting stulic
I'm not trying to catch hundreds of pips in choppy markets like this, I got out with 70 pips but then re-entered @4470, SL 4463 just below this H1 low, TP open.

Obviously no more news are going to come out of Washington tonight, but a surprise deal could be struck anytime in the next couple of days which could trigger a USD rally, always a possibility...
Me too never done long term trade. Intraday & scalping suits me but unable to do so at present. ok, i'll skip this for now if i don't see much action within few minutes & will try to concentrate on scalping at late hours to get back my today's loss. if i find it hard then i might skip trading until i get well.

Nice talking to you Stulic Will catch ya later

Thanks & Regards.
Hope
  • #998
  • Jul 26, 2011 12:14am Jul 26, 2011 12:14am
my pleasure

Now we're eyeing at critical (psychological) resistance levels across the board.
Aussie is just about to knock on all-time-high around 1.10 while Fiber creeps up towards 1.45 inside a 3-week high.
Cable is a bit away from 1.64 but it looks like an easy intraday target with 1.65 by Thursday/Friday?
Don't get mad, get even!
  • #999
  • Jul 26, 2011 1:11am Jul 26, 2011 1:11am
Good day traders.

Good movement of EU pair in Asia. EU has done all of its ATR, it could be good for short.

4525 is resistance, lets see will it hold
  • #1,000
  • Jul 26, 2011 1:17am Jul 26, 2011 1:17am
Quoting T@rantula
I like when I see TP Entry and SL.

Well discuss this tomorrow. Hope PA wont get too nasty
Quoting TheGamer
Hey Friends,

im unable to scalp so took two trades. one is active Sell @1.4372 & another is pending Sell @ 1.4430.
T/P 1.4150.
S/L 1.4460
Risk - 120pips. Reward - 500pips

its a counter trend trade according EMA's but im sure if it comes down below 1.4300 then we might see a little downtrend.

Green Pips to All.

I dont trade Asia, this could be one of the reasons. Looking at the charts, what happened last night was a clear intervention, I presume it was BOJ. As JPY jumped $ was falling, typical behaviour of correlated currencies.

Hope ull cover the loss, thats why the stops are for, good u placed 1.
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