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  • #2,361
  • Sep 1, 2011 7:29am Sep 1, 2011 7:29am
Yes Bruni ... thank you ...

We did such things as well ...

A little bit other kind of trading adjustments ... and or but too complicated for me to report them all ...

In ... out ... in ... out ... in ... out ... looping reversals with decade logarithm style varying in sizes and such things like that ... just in order to travel mostly on the optimized side and always have something on board with ...

Now our currently long BE is overall or total sum at 1.42709 atm ...

And we will provide for the currently running positions a not too tight stop ... which started from 1.4245 and now is sitting at 1.42523 as it is a dynamic trailing stop based on individual setting facilities ...

+++

And while I was writing this everything changed ...

Fresh entries at 1.42691 and 1.42680 switched down my BE to 1.426901 ...

And new dynamical trailing stops at 1.42507 has been defined ... as they can go up and down due to the changes with my parabolic settings ...

All fine now atm ... and I will concentrate on other working issues ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,362
  • Sep 1, 2011 7:33am Sep 1, 2011 7:33am
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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,363
  • Sep 1, 2011 7:53am Sep 1, 2011 7:53am
Long again, same level 1.4386
May it be for good this time )
  • #2,364
  • Sep 1, 2011 7:59am Sep 1, 2011 7:59am
TP1 reached
4321 may be troublesome (50% retracement of today's move)

Quoting BrunargarFx
1.4285 gave
I'm in long at 1.4386, TP1: 1.43, TP2 1.433 and TP3: 1.438
SL: manual, micro managing that one but will keep tight SL if retest of 1.4285...
  • #2,365
  • Sep 1, 2011 8:23am Sep 1, 2011 8:23am
74.46 level on USDX needs to give...
  • #2,366
  • Sep 1, 2011 8:33am Sep 1, 2011 8:33am
Retest of 1.4285, looks like we shoudl go up...
PMI at 3pm may give the momentum

Quoting BrunargarFx
74.46 level on USDX needs to give...
  • #2,367
  • Sep 1, 2011 10:00am Sep 1, 2011 10:00am
I closed my long at BE
Missed the move south...
I'm now scalping long from 1.4235.

I realize that today was a replay of what happened yesterday.
Now I have 1.415 and 1.4058 as next supports down

Tomorrow is Friday, there could be some profit taking...


Quoting BrunargarFx
Retest of 1.4285, looks like we shoudl go up...
PMI at 3pm may give the momentum
  • #2,368
  • Sep 1, 2011 10:22am Sep 1, 2011 10:22am
I think I need to go back to the drawing Board.

Today I:
- closed my short too early and missed a further c. 100 pips move to the bottom;
- was convinced we would not go below 1.427, struggle with longs (although the set ups were good and I managed to make money out of them at the end).

Quite unhappy with my trading day even though I could have lost some money (So I'm not too bad).

Now i need to find a good set up to enter short for tomorrow, target 1.415 and then long from there.



Quoting BrunargarFx
I closed my long at BE
Missed the move south...
I'm now scalping long from 1.4235.

I realize that today was a replay of what happened yesterday.
Now I have 1.415 and 1.4058 as next supports down

Tomorrow is Friday, there could be some profit taking...
  • #2,369
  • Sep 1, 2011 10:50am Sep 1, 2011 10:50am
Quoting BrunargarFx
I think I need to go back to the drawing Board.

Today I:
- closed my short too early and missed a further c. 100 pips move to the bottom;
- was convinced we would not go below 1.427, struggle with longs (although the set ups were good and I managed to make money out of them at the end).

Quite unhappy with my trading day even though I could have lost some money (So I'm not too bad).

Now i need to find a good set up to enter short for tomorrow, target 1.415 and then long from there.
Still good job, learning from mistakes is best teaching there is.
Also closed short too early.
  • #2,370
  • Sep 1, 2011 11:20am Sep 1, 2011 11:20am
Thanks for that clint,

I guess for as long as I don't end up in the red, it still a good day.
closed my last Long from 1.4235 to 1.4282: +47 so I'm happy with this and I opened a short at 1.4281, SL 1.4315, target 1.415!!!!

Off to scuba diving now.
Hopefully no bad surprise when I return

Have a good evening all


Quoting GoldMan.
Still good job, learning from mistakes is best teaching there is.
Also closed short too early.
  • #2,371
  • Sep 1, 2011 6:53pm Sep 1, 2011 6:53pm
Dear all,

All in all we have started the month of september and now the trading resumes..

My first chart on GU

Good Luck to all the members that have posted and traded through august..personally august not for me..

Regular Posting from Monday

Regards

BlackWidow
Attached Image (click to enlarge)
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Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #2,372
  • Sep 2, 2011 1:35am Sep 2, 2011 1:35am
Quoting mercy seat
2011-08-31_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-35

As you can see ... TABLE shows a possible Elliott-Projection of 1.4277 in case of an extreme extention ...

Hence 1.4333/27 and or 1.4315 - 1.4290 expected to hold for now ...

Upside limited at first ... maybe 1.4390/ 99 (near central pivotal zone) capped at first ...

Afterwards ... when major move has been done ... we can expect further or one more upside again ... 1.4420 - 1.4439 is possible then ...



;-|

2011-09-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-35

As you can see ... TABLE shows a possible Elliott-Projection of 1.4192 in case of an extention ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-01_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-35.PNG Size: 122 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,373
  • Edited 4:32am Sep 2, 2011 4:18am | Edited 4:32am
Morning all.
Still on that short of yesterday at 1.4281.
I have the following targets: 1.4201 (Daily support1), 4184 (minor support), 4162 (been in play for a long time, an important No.) and 4150 (H4 support).
We have the potential to reach 4150 today now. There could be some profit taking later.

My overallplan for today is down first (4150 would be a nice target to load Longs) and then up. I understand the focus is on EZ at present but situation is not as bad as US, so still bullish on it.

Unfortunately it's not for me to decide but to the market -I will react to any development.
Green pips to all!
  • #2,374
  • Sep 2, 2011 4:53am Sep 2, 2011 4:53am
Quoting BrunargarFx
Morning all.
Still on that short of yesterday at 1.4281.
I have the following targets: 1.4201 (Daily support1), 4184 (minor support), 4162 (been in play for a long time, an important No.) and 4150 (H4 support).
We have the potential to reach 4150 today now. There could be some profit taking later.

My overallplan for today is down first (4150 would be a nice target to load Longs) and then up. I understand the focus is on EZ at present but situation is not as bad as US, so still bullish on it.

Unfortunately it's not for me to decide but...
Well it's NFP day, means throw all levels out of the window. I'll just do my usual NFP gamble and keep two somewhat contradicting trades open:

1. Short Aussie @1.0744 SL: 1.0756
TP open
2. Short Silver @42.280 SL: 42.505 (I might go higher then that to cover whipsawing, watchin PA developing ATM)
TP open.

Seatbelts fastened and good luck everyone!
Attached Image(s) (click to enlarge)
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Don't get mad, get even!
  • #2,375
  • Sep 2, 2011 5:08am Sep 2, 2011 5:08am
Looks like itwants to break 1.426.
Closed my short at 1.425 for +30pips (i missed the signal to sell at 1.424)
Re-enter long (scalp) at the break of 1.4253. It's a counter trade atm so micro managing it. traget 1.4285.


Regarding NFP, Forecast is 74K so if result is below 50K then Euro will rally up.above 50K I would consider the current trend to continue
  • #2,376
  • Sep 2, 2011 5:17am Sep 2, 2011 5:17am
Quoting BrunargarFx
Looks like itwants to break 1.426.
Closed my short at 1.425 for +30pips (i missed the signal to sell at 1.424)
Re-enter long (scalp) at the break of 1.4253. It's a counter trade atm so micro managing it. traget 1.4285.


Regarding NFP, Forecast is 74K so if result is below 50K then Euro will rally up.above 50K I would consider the current trend to continue
To be honest I cannot see any reason for EUR/USD to rally up weather it be below or above prediction. I know a lot has already been priced in yesterday but a much worse then forecast NFP shouldn't cause a significant rally up IMHO, maybe it will go the other way and gold on the other hand will definitely shoot above 1900 again.
Anything above 74K would probably see gold slide and Fiber consolidate between 1.4100-1.4200 hence I'm given up on bulls on this pair.
Don't get mad, get even!
  • #2,377
  • Sep 2, 2011 6:08am Sep 2, 2011 6:08am
It really is the two ugly sisters, isn't it?The reason I'm only scalping long is also because I don't have much confidence in this thing going up now (counter trade). below 1.427 I could only consider Shorts. But I'll be happier to see the price back again around DP today.


I mainly trade Fiber but I start wondering why I bother with it, this pair reacts the least to PA.
May be we should start looking at other pairs (I know you do), what do you think?
I also trade precious metals (also agree with you on Gold btw).



Quoting stulic
To be honest I cannot see any reason for EUR/USD to rally up weather it be below or above prediction. I know a lot has already been priced in yesterday but a much worse then forecast NFP shouldn't cause a significant rally up IMHO, maybe it will go the other way and gold on the other hand will definitely shoot above 1900 again.
Anything above 74K would probably see gold slide and Fiber consolidate between 1.4100-1.4200 hence I'm given up on bulls on this pair.
  • #2,378
  • Sep 2, 2011 6:14am Sep 2, 2011 6:14am
If 1.4262 breaks, we shall have a go at the DP at 1.4289

Quoting BrunargarFx
Looks like itwants to break 1.426.
Closed my short at 1.425 for +30pips (i missed the signal to sell at 1.424)
Re-enter long (scalp) at the break of 1.4253. It's a counter trade atm so micro managing it. traget 1.4285.


Regarding NFP, Forecast is 74K so if result is below 50K then Euro will rally up.above 50K I would consider the current trend to continue
  • #2,379
  • Sep 2, 2011 6:29am Sep 2, 2011 6:29am
Closed my long scalps: +12pips
Doesn't seem to be managing to break this level (just above the 61.8% of todays range btw).
I should have closed my short at 1.423 and re-loaded long from there in order to have a breather.

Quoting BrunargarFx
If 1.4262 breaks, we shall have a go at the DP at 1.4289
  • #2,380
  • Sep 2, 2011 7:37am Sep 2, 2011 7:37am
I'll long gold... We should see 1900 soon again.
Don't get mad, get even!
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