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CHOROS Interactive

  • #981
  • Sep 2, 2011 2:59am Sep 2, 2011 2:59am
Quoting kostas1
That's exactly how I trade most of the time...

porcupine in GU? i am staying out of her way. And big numbers due to release in NY session. markets can be choppy.
Making money is easy- Just dont take losing trades
  • #982
  • Sep 2, 2011 3:00am Sep 2, 2011 3:00am
Quoting Survivor
porcupine in GU? i am staying out of her way. And big numbers due to release in NY session. markets can be choppy.
Hello Doctor! Nice to have you around....
Agree about the perky animal. It may go away in 1/2 hour after the GU news.
  • #983
  • Edited 3:16am Sep 2, 2011 3:03am | Edited 3:16am
EU M15 could cross the 10 in the next bar. If it does, the one after this bar may scoop-up. Keep an eye there for a countertrend scalp.

EDIT: this one closed below the 10 so no scoop up for now....
  • #984
  • Sep 2, 2011 3:15am Sep 2, 2011 3:15am
eu 15 min pinbar
  • #985
  • Sep 2, 2011 3:18am Sep 2, 2011 3:18am
Quoting tonny47
eu 15 min pinbar
Not a good pinbar (green) and the M5 seems to support higher action. Be careful in this one.
  • #986
  • Sep 2, 2011 3:31am Sep 2, 2011 3:31am
Quoting kostas1
Not a good pinbar (green) and the M5 seems to support higher action. Be careful in this one.
took about 7.5 pips on euro. got out befor uk figure, just in case. you are right Kostas - price seems to be trapped between moving averages on 5 min so could shoot up
  • #987
  • Sep 2, 2011 3:33am Sep 2, 2011 3:33am
Quoting tonny47
took about 7.5 pips on euro. got out befor uk figure, just in case. you are right Kostas - price seems to be trapped between moving averages on 5 min so could shoot up
Yeah, confusing. The next M15 was a nice red pinbar rejection of the 10 but at the same time nicely supported from the M15 5.
  • #988
  • Sep 2, 2011 3:38am Sep 2, 2011 3:38am
Quoting kostas1
Yeah, confusing. The next M15 was a nice red pinbar rejection of the 10 but at the same time nicely supported from the M15 5.
i didnt realise you pay attention to colour of the pinbar i never really focused on it
  • #989
  • Sep 2, 2011 3:58am Sep 2, 2011 3:58am
i'm waiting for GU H4 10 for a short, coincides with a nice SR area.
  • #990
  • Sep 2, 2011 4:03am Sep 2, 2011 4:03am
Quoting tonny47
i didnt realise you pay attention to colour of the pinbar i never really focused on it
No strict rule here, just one of my observations. The best pinbars have long tail, red body(for short, green for long) and no bars in the immediate vicinity from the left.
  • #991
  • Sep 2, 2011 4:04am Sep 2, 2011 4:04am
Quoting asos101
i'm waiting for GU H4 10 for a short, coincides with a nice SR area.
I agree, if it decides where to go first.... It hasn't touched the H4 10 for a while so we should see some decent bounce there.
  • #992
  • Sep 2, 2011 4:13am Sep 2, 2011 4:13am
The EU H4 10 is confluencing with DP and H1 35.
  • #993
  • Sep 2, 2011 4:16am Sep 2, 2011 4:16am
Will attempt aforementioned scooped-up if I get a price near the M15 10.
  • #994
  • Sep 2, 2011 4:34am Sep 2, 2011 4:34am
Quoting kostas1
Will attempt aforementioned scooped-up if I get a price near the M15 10.
in @4239

edit: took 7.5 pips. couldnt watch how the price was stalling just below 50. dont think it was smart of me. lets see where the price go
  • #995
  • Sep 2, 2011 4:44am Sep 2, 2011 4:44am
Quoting tonny47
in @4239

edit: took 7.5 pips. couldnt watch how the price was stalling just below 50. dont think it was smart of me. lets see where the price go
9p for me. Got in a little lower based on M1, out for the same reason. It could skyrocket from here and then I would be mad. Of course the M15 35/50 is in the way...

EDIT:
  • #996
  • Sep 2, 2011 4:50am Sep 2, 2011 4:50am
Quoting kostas1
9p for me. Got in a little lower based on M1, out for the same reason. It could skyrocket from here and then I would be mad. Of course the M15 35/50 is in the way...
i was going to write that i was glad to get out when it shot up to 57
  • #997
  • Sep 2, 2011 4:52am Sep 2, 2011 4:52am
Quoting tonny47
i was going to write that i was glad to get out when it shot up to 57
Still the wise thing to do. Don't sweat the positive pips you already got, it could have crashed down to retest the lows (now I need to say the same words in front of the mirror to calm myself down.)
  • #998
  • Sep 2, 2011 4:57am Sep 2, 2011 4:57am
Quoting kostas1
Still the wise thing to do. Don't sweat the positive pips you already got, it could have crashed down to retest the lows (now I need to say the same words in front of the mirror to calm myself down.)
truth, truth. better to take pips fast and be grateful. especially on NFP.

just sold euro at 54 (ema 35/50 15 min+some swing lows acting as a resistance). took fast 6 pippets and out
  • #999
  • Sep 2, 2011 5:00am Sep 2, 2011 5:00am
GU approaching ema 50 1h

also note how well respected is sma 35 1h.
  • #1,000
  • Sep 2, 2011 6:08am Sep 2, 2011 6:08am
is it constrained by 0.7810? i will go for it. lets see how it goes
Making money is easy- Just dont take losing trades
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