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  • #533,921
  • Sep 2, 2011 6:52am Sep 2, 2011 6:52am
Quoting Skyhawks
you guys see the bearish flag on 5M?
Too low a time frame for me. I used to scalp quite a bit, but I've since started looking at the higher time frames (minimum 1 hour) and looking for more pips per trade rather than lots of trades with small returns. I've found it a lot less stressful.
  • #533,922
  • Sep 2, 2011 6:53am Sep 2, 2011 6:53am
Quoting forexings
That's why i call dumb bear. Always looser
NFP reaction/reversal waiting for it
it will take two 4 hour candles to bring any significant reversal, somewhere around weekend close, not before.

if it is to happen
  • #533,923
  • Sep 2, 2011 6:54am Sep 2, 2011 6:54am
You traded with s/l, if brake than s/l hit.
Actualy its based on your analysis/calculations.
possible 20~30 pips loss but earning 100pips...
without taking risk you cant run in forex.


Quoting FXConveyor
But if she does break, there is a lot of clear water up above.....................
Trade what you see, Not what you think.
  • #533,924
  • Sep 2, 2011 6:56am Sep 2, 2011 6:56am
Hey! Post your views before too late..

Quoting rattyo
Hallo Everyone
Trade what you see, Not what you think.
  • #533,925
  • Sep 2, 2011 6:57am Sep 2, 2011 6:57am
Quoting hindustani
4 hour momentum follows a range, and as u can see it is closer to the bottom end of the range, but still bearish
This H4 momentum should be it because bear created a huge negative MACD signal in H4 & H1
Bull unable to hold it thus price coming lower. I suspect NFP reaction will fluctuate the price but overall will be neutral for 5 mins
You cannot learn better without losing
  • #533,926
  • Sep 2, 2011 6:57am Sep 2, 2011 6:57am
Quoting khizer
You traded with s/l, if brake than s/l hit.
Actualy its based on your analysis/calculations.
possible 20~30 pips loss but earning 100pips...
without taking risk you cant run in forex.
Agreed. but there is no point in jumping in until there is some sort of momentum to justify the trade. It's all about patience.
  • #533,927
  • Sep 2, 2011 6:58am Sep 2, 2011 6:58am
enter the submarine
  • #533,928
  • Sep 2, 2011 6:59am Sep 2, 2011 6:59am
Quoting hindustani
it will take two 4 hour candles to bring any significant reversal, somewhere around weekend close, not before.

if it is to happen
Just talked about NFP.
You cannot sell more than you have. H4 momentum already fired up.
May be there will be a reaction to keep the price where it was.
You cannot learn better without losing
  • #533,929
  • Sep 2, 2011 7:01am Sep 2, 2011 7:01am
I've seen this bullish setup before....if only it wasn't NFP day
COT: The precious data ignored
  • #533,930
  • Sep 2, 2011 7:02am Sep 2, 2011 7:02am
throwing lil bone to dog ........ may work out or may not hopping will be on be before news
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  • #533,931
  • Sep 2, 2011 7:05am Sep 2, 2011 7:05am
Quoting vanyxster
throwing lil bone to dog ........ may work out or may not hopping will be on be before news
Took the same trade
  • #533,932
  • Sep 2, 2011 7:06am Sep 2, 2011 7:06am
Quoting khizer
Hey! Post your views before too late..
I dont understand what you mean ?

Everything is pointing to a very negative market. The DOW is down
Swiss Franc is very strong. Unless the NFP news reverses this 180 Degrees
its only ever going to be a short.
rat
  • #533,933
  • Sep 2, 2011 7:07am Sep 2, 2011 7:07am
scalp before the news.
dreams do come true.
  • #533,934
  • Sep 2, 2011 7:07am Sep 2, 2011 7:07am
Quoting vanyxster
throwing lil bone to dog ........ may work out or may not hopping will be on be before news
You should change your SL point. Normal reaction could hunt your SL
You cannot learn better without losing
  • #533,935
  • Sep 2, 2011 7:09am Sep 2, 2011 7:09am
...simple...


http://content.screencast.com/users/...02.09.11_p.gif
  • #533,936
  • Sep 2, 2011 7:11am Sep 2, 2011 7:11am
Every one not cloggie (hope now you understand)
means you are flat right now?

Quoting rattyo
I dont understand what you mean ?

Everything is pointing to a very negative market. The DOW is down
Swiss Franc is very strong. Unless the NFP news reverses this 180 Degrees
its only ever going to be a short.
Trade what you see, Not what you think.
  • #533,937
  • Sep 2, 2011 7:13am Sep 2, 2011 7:13am
Quoting khizer
She found nice risitance arround here many time taste here..
difficult level to brake.
Posible nfp also respect them...
and today we will in 4160~4170 zone
It looks like so.
Intraday only.
  • #533,938
  • Sep 2, 2011 7:13am Sep 2, 2011 7:13am
Quoting khizer
Every one not cloggie (hope now you understand)
means you are flat right now?
No im trading an easier pair..USDCHF....

This EU pair is a big mess

but im may go for a short depending on the NFP reaction

I dont care about Cloggie ...his gone now so that good stuff....hopefully he dont come back again...
rat
  • #533,939
  • Sep 2, 2011 7:13am Sep 2, 2011 7:13am
YEs some signal over here, but nt quite sure. Are you?

Quoting kuroro001
I've seen this bullish setup before....if only it wasn't NFP day
Trade what you see, Not what you think.
  • #533,940
  • Sep 2, 2011 7:14am Sep 2, 2011 7:14am
For anyone little experience with nfp trade suggest look to closing trades, starting now, then sit on hands until dust has settle, it quite often account killer, emotional trader killer, inexperience killer, it just a killer.

It is not time to guess, wish, hope, pray, enter at your own risk, very high risk.

For all other forex opium addicts, buckle up and enjoy ride rocket and rock

See you on the other side
If you are new to Forex? Say Goodbye to your account!!
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