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  • #1,141
  • Sep 9, 2011 1:50am Sep 9, 2011 1:50am
Quoting kostas1
GU:
was thinking to short it at DP and ema 50 1h but chickened out because i didnt want to be in a trade shortly after news announcement

i assume you didnt trade it either, did you?
  • #1,142
  • Sep 9, 2011 2:02am Sep 9, 2011 2:02am
Quoting tonny47
was thinking to short it at DP and ema 50 1h but chickened out because i didnt want to be in a trade shortly after news announcement

i assume you didnt trade it either, did you?
I've been burned from porcupines enough times in the past to avoid them like skunks.....
  • #1,143
  • Sep 9, 2011 2:09am Sep 9, 2011 2:09am
Quoting kostas1
I've been burned from porcupines enough times in the past to avoid them like skunks.....
hehe, ok.

i know there will be many other trading opportunities but i am still fighting that irrational anger from missing out opportunities. need to learn to be more patient
  • #1,144
  • Sep 9, 2011 2:18am Sep 9, 2011 2:18am
Quoting tonny47
hehe, ok.

i know there will be many other trading opportunities but i am still fighting that irrational anger from missing out opportunities. need to learn to be more patient
Fridays are tough. Already got my 30p from EU M5 scalps (GMT 7:55 & 8:30 bars), but I am waiting for a strong trend (either up or down) since usually the morning action sometimes suddenly reverses or suddenly becomes more dramatic on Fridays. At that point we should get decent CHOROS signals off the M5 & M15.
  • #1,145
  • Sep 9, 2011 2:22am Sep 9, 2011 2:22am
Quoting kostas1
EU:
Too early to say but if the rejection of the 1.3850 level is strong, I will be looking for scoop-up on M15 on it's way to H4 10/DP.
Well so much for the RN rejection!
Next I will be looking for M15 10, H1 10 and/or M15 35/50 shorts.
  • #1,146
  • Sep 9, 2011 2:34am Sep 9, 2011 2:34am
Quoting kostas1
Fridays are tough. Already got my 30p from EU M5 scalps (GMT 7:55 & 8:30 bars), but I am waiting for a strong trend (either up or down) since usually the morning action sometimes suddenly reverses or suddenly becomes more dramatic on Fridays. At that point we should get decent CHOROS signals off the M5 & M15.
congrats Kostas! will keep your advice in mind
took the same trade as you at 7.55 but only took 10 pips.
  • #1,147
  • Sep 9, 2011 2:46am Sep 9, 2011 2:46am
Very nice and easy M15 set up...I took easily my first 20p and as Kostas said, we are waiting for H1 10ema touch
You are allowed to fall but you are imposed to get up!
  • #1,148
  • Edited 6:03am Sep 9, 2011 3:26am | Edited 6:03am
possible M15 10 in EU in a few.
will see how it goes
edit: nah probably wont make it now.
M5 looks a bit weird too
edit2: we may be scooping up in a bit. possible entry after the cross of price to the up of the M15 10 equivalent in the M5 chart.
edit3: hold your horses and wait for a 10 touch now.
edit4: in the scoop . lets see how it goes
edit5: i didnt follow my rules and got scrd royaly. a reminder for the future.
  • #1,149
  • Sep 9, 2011 5:06am Sep 9, 2011 5:06am
EU to SHORT

Possible retrace to H1 10 in confluence with M15 35/50 and RN
  • #1,150
  • Sep 9, 2011 5:12am Sep 9, 2011 5:12am
Quoting Haydel
EU to SHORT

Possible retrace to H1 10 in confluence with M15 35/50 and RN
  • #1,151
  • Sep 9, 2011 5:18am Sep 9, 2011 5:18am
Quoting kostas1
AFTER my scoop is over
  • #1,152
  • Sep 9, 2011 5:20am Sep 9, 2011 5:20am
Quoting asos101
AFTER my scoop is over
Did you take the M5? I am expecting the M15 to happen...
  • #1,153
  • Sep 9, 2011 5:23am Sep 9, 2011 5:23am
Quoting kostas1
Did you take the M5? I am expecting the M15 to happen...
yep, said so above. i edit the same post to avoid litter
  • #1,154
  • Sep 9, 2011 5:29am Sep 9, 2011 5:29am
Quoting kostas1
Did you take the M5? I am expecting the M15 to happen...
I managed to take only 10pips from this one but 10 pips is 10 pips
You are allowed to fall but you are imposed to get up!
  • #1,155
  • Sep 9, 2011 6:05am Sep 9, 2011 6:05am
Quoting Haydel
EU to SHORT

Possible retrace to H1 10 in confluence with M15 35/50 and RN
EU left me waiting at RN 1.3850
  • #1,156
  • Sep 9, 2011 6:08am Sep 9, 2011 6:08am
Quoting kostas1
Did you take the M5? I am expecting the M15 to happen...
Was it a failed EU scooped-up, or I have mixed up something?
  • #1,157
  • Sep 9, 2011 6:08am Sep 9, 2011 6:08am
Quoting Haydel
EU left me wating at RN 1.3850
Didn't catch the H1 10 either, was too subtle and happened after the close.
  • #1,158
  • Sep 9, 2011 6:12am Sep 9, 2011 6:12am
Quoting kk007
Was it a failed EU scooped-up, or I have mixed up something?
good for at least 17p but didnt take that, then didnt take the 10p like 3-4 times. then didnt close BE, then what does happen? like a say in my 3 little rules.. a slap in the face.
i was convinced as Hydel that there was going to be a definite H1 10 touch at the RN. anyways, over and out for today.
  • #1,159
  • Sep 9, 2011 6:12am Sep 9, 2011 6:12am
Quoting kk007
Was it a failed EU scooped-up, or I have mixed up something?
Yes, I was stopped out at -5p.
  • #1,160
  • Sep 9, 2011 6:21am Sep 9, 2011 6:21am
Quoting kostas1
Yes, I was stopped out at -5p.
Thanks, at least I didn't recognised the wrong thing, by the way, BE for me.

On my chart, there is a S/R at 1.38370, where the price reversed and scooped-up failed
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