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  • #529,901
  • Aug 23, 2011 1:29pm Aug 23, 2011 1:29pm
Quoting Chicky
LOL. Don't know maybe not but bad for people.
no serious injuries reported according to channel 4 news uk, thankfully..
  • #529,902
  • Aug 23, 2011 1:42pm Aug 23, 2011 1:42pm
Quoting wannaberich
hope not.

well worth the time spent reading it.

http://www.forexfactory.com/showthread.php?t=299484
thumb up
  • #529,903
  • Aug 23, 2011 1:44pm Aug 23, 2011 1:44pm
Quoting Std-uk
waiting for 4450 then fall................

suprised that week late still same zone............
ok , in that case 4438 breaks with full function of the camel works & why not test 4463 or 4488, lets see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #529,904
  • Aug 23, 2011 1:49pm Aug 23, 2011 1:49pm
flag?

this area looks a bit heavy...
  • #529,905
  • Aug 23, 2011 1:54pm Aug 23, 2011 1:54pm
Quoting fontu
ok , in that case 4438 breaks with full function of the camel works & why not test 4463 or 4488, lets see .
fontu
I dont know............... 4450 ~ 60 would be good to drop again I think...............
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  • #529,906
  • Aug 23, 2011 1:58pm Aug 23, 2011 1:58pm
Quoting mario83
why do you want to go long when its on the ressistance level now? on m15 we've got hammer candle (waiting to close the candle) so it will be clear sign to sell.

cheers
No time to sell. I take long now at 0.9892 with a new breakout and a TP at 0.9960

We will see
  • #529,907
  • Aug 23, 2011 2:00pm Aug 23, 2011 2:00pm
Quoting Chicky
Could not close 50%. Had to get out of the house because of the earthquake.

ps-Closing now, its back to that price.
Huh, what quake?
Greed and impatience are our greatest enemies.
  • #529,908
  • Aug 23, 2011 2:00pm Aug 23, 2011 2:00pm
Gold also correcting, 1813 bresks down to confirm for limit 1629 limit play as fas go before up .so why not eu ?on all great supports though now .
fontu
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Click to Enlarge Name: eu42.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #529,909
  • Aug 23, 2011 2:03pm Aug 23, 2011 2:03pm
Quoting egkid
I checking some other currencies maybe find good set up
i c aud/jpy looks interesting ,Anyone trade it here?
Seems no body interesting Okay
I will get my free ++ Alone
  • #529,910
  • Aug 23, 2011 2:03pm Aug 23, 2011 2:03pm
Quoting Rabax
Huh, what quake?
5.8 earthquake in VA
  • #529,911
  • Aug 23, 2011 2:06pm Aug 23, 2011 2:06pm
still... go get them pips!

Quoting egkid
Seems no body interesting Okay
I will get my free ++ Alone
dreams do come true.
  • #529,912
  • Aug 23, 2011 2:07pm Aug 23, 2011 2:07pm
Quoting bagXpert
No time to sell. I take long now at 0.9892 with a new breakout and a TP at 0.9960

We will see
Hope it will work out for you mate! I'll be observing this pair and see how the price acts.

cheers

PS: Im short E/U sell 14425
TP 1415
  • #529,913
  • Aug 23, 2011 2:10pm Aug 23, 2011 2:10pm
if 15m close above 4430, i may hold to see if test high in Asia.........set SL@ BE
But first Target @4450....
  • #529,914
  • Aug 23, 2011 2:11pm Aug 23, 2011 2:11pm
Just a quick post of something I noticed today and yesterday.. Both days were pretty much similar to each other. Most people prolly already know the fact that complex pullbacks can be traded effectively and what they are saying about the trend. Myself I'm still very new to Forex but am trying hard to succeed with my current system. ( Which is based on YTC PA trader / simple price action, pivot & swing interaction based on the context of the trend )

I would just like to share 2 quick screens of my chart with a small explanation on it of the main things I noticed. I'm sure more experienced people in this topic already know this concept but perhaps it can be still useful to some relatively new people.

Yesterday:
http://img534.imageshack.us/img534/4938/second2.jpg

Today:



http://img717.imageshack.us/img717/3319/firstv.jpg

Notice that both had 2 CPB/complex pullbacks followed by a next bullish upmove failing to reach higher highs ( also because of strong resistance levels above ). Both of these moves got followed by a complete reversal.

I'm just saying that trading simple pullbacks and even more, complex ones, today and yesterday worked out pretty well until clear signs of resistance & possible reversal.

( PS. don't mind my pro paint skills.. no adobe on this computer )
  • #529,915
  • Aug 23, 2011 2:12pm Aug 23, 2011 2:12pm
does anyone else have a line on 38?
  • #529,916
  • Aug 23, 2011 2:13pm Aug 23, 2011 2:13pm
Quoting mario83
Hope it will work out for you mate! I'll be observing this pair and see how the price acts.

cheers

PS: Im short E/U sell 14425
TP 1415
Hum...a little correction but I am still long for tomorrow
  • #529,917
  • Aug 23, 2011 2:14pm Aug 23, 2011 2:14pm
Quoting wannaberich
still... go get them pips!
50 pip in no time
Still more will get next few days the thing take my attention R:R very good
Let's c
  • #529,918
  • Aug 23, 2011 2:18pm Aug 23, 2011 2:18pm
http://content.screencast.com/users/...1-21.07.44.png
  • #529,919
  • Aug 23, 2011 2:29pm Aug 23, 2011 2:29pm
Quoting 10piptrade
When i started trading i had a 200 -1 leverage with $250 with .01 lot that can with stand 2000+ pips market run so if someone blow ther account the reason is that they over leverage, but if they can take it step by step they would be growing there account until they make it, Trading is amount management once you learn that then put your edge into play you will be succsesfull as you go along, use today for instance if you had short on the way up anf manage it right you would still be succesful,entry is key but managing your entry is next just put...
hey man i see u repping jam-down , i from the british virgin islands , just been hit by that tropical storm and power is on and off , i have a small Acc too can u explain how your system works , i would prefer a set it and for get it approach due to my scedule, as of now until mid september but i am willing to get up at 4am and trade till 8am before i leave for work , i am down to learn and make it work , hit at [email protected]
  • #529,920
  • Aug 23, 2011 2:31pm Aug 23, 2011 2:31pm
Quoting Raghu_C
closed with small profit because spike before NY i will enter short later.

Please note your chart size ...

Otherwise ...


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