Hope either my sell limit gets touched or I get home till EUR is still in quite interesting area... Or, perhaps, did I just miss the train...? 
- #162
- Sep 29, 2011 5:34am Sep 29, 2011 5:34am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
I opened a short at 1.3642 and I'm holding it.
- #163
- Sep 29, 2011 5:44am Sep 29, 2011 5:44am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Still holding my 1.3675
Those who say it cannot be done should not interrupt those who are doing it
- #164
- Sep 29, 2011 5:51am Sep 29, 2011 5:51am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Keep in mind that tomorrow is month end so the sp500 may be bid up as fund managers window dress their portfolios. This could be euro positive so a retest of the 1.3690 could be in play.
I will lock profits today, and have pending sell limit at 1.3717 for better position for ride down if 1.3675 gives way!
I like to hold small positions for long term trades, and larger positions for intraday and scalping with tight SL's.
- #165
- Sep 29, 2011 5:56am Sep 29, 2011 5:56am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I am on top of this.
I will lock profits today, and have pending sell limit at 1.3717 for better position for ride down if 1.3675 gives way!
I like to hold small positions for long term trades, and larger positions for intraday and scalping with tight SL's.
Those who say it cannot be done should not interrupt those who are doing it
- #166
- Sep 29, 2011 6:04am Sep 29, 2011 6:04am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
- #167
- Sep 29, 2011 6:04am Sep 29, 2011 6:04am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hope either my sell limit gets touched or I get home till EUR is still in quite interesting area... Or, perhaps, did I just miss the train...?
ADD: Don't worry about losing out on a sandwich as the market is constantly baking more bread.
Those who say it cannot be done should not interrupt those who are doing it
- #168
- Sep 29, 2011 6:07am Sep 29, 2011 6:07am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Just a thought on present PA
Those who say it cannot be done should not interrupt those who are doing it
- #169
- Sep 29, 2011 6:09am Sep 29, 2011 6:09am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
I have a sell limit at 1.3720. Is there any particular reason why you chose 3 pips less?
http://www.forexfactory.com/showthre...70#post4995470
- #170
- Sep 29, 2011 6:15am Sep 29, 2011 6:15am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
However, I will move my limit order to 1.37160
Those who say it cannot be done should not interrupt those who are doing it
- #171
- Sep 29, 2011 6:17am Sep 29, 2011 6:17am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
This is the charts posted earlier today and one in which Indicator caught up to analysis!
- #172
- Sep 29, 2011 6:26am Sep 29, 2011 6:26am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
That 1.3606 is a tough nut to crack!
- #173
- Sep 29, 2011 6:26am Sep 29, 2011 6:26am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
This is the charts posted earlier today and one in which Indicator caught up to analysis!
However, I do use the smaller time frames as an indication of what is coming. I just confirm with H1 before entering.
Anyway, that's why they're called lagging indicators.
Those who say it cannot be done should not interrupt those who are doing it
- #176
- Sep 29, 2011 6:33am Sep 29, 2011 6:33am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Good call. I prefer to confirm everything on H1 before entering. I mentioned this in a prior post. I know you enter later but it's less risky, and with position trades, that's important.
However, I do use the smaller time frames as an indication of what is coming. I just confirm with H1 before entering.
Anyway, that's why they're called lagging indicators.
Wonder how to fix this!
- #177
- Sep 29, 2011 6:33am Sep 29, 2011 6:33am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I am thinking that this 5 minute chart may head back up a little and form a right shoulder or just continue down to test 3580 and possibly 3550.
Those who say it cannot be done should not interrupt those who are doing it
- #178
- Sep 29, 2011 6:34am Sep 29, 2011 6:34am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
That's why you have to analyze chart if using indies. This indy did not paint the divergence until following hour passed for red candle.
Wonder how to fix this!
Those who say it cannot be done should not interrupt those who are doing it
- #179
- Sep 29, 2011 6:36am Sep 29, 2011 6:36am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Nice thread piptrapper. It seems to be a very informative thread without the bs from certain trouble makers
Glad to have you here also.
Thanks for contributing.
Those who say it cannot be done should not interrupt those who are doing it