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  • #551,921
  • Oct 19, 2011 6:55am Oct 19, 2011 6:55am
exactly like in the morning, many people shorted and then long, this is just a correction , USA open will be long again, do not get trapped.
  • #551,922
  • Oct 19, 2011 7:00am Oct 19, 2011 7:00am
Quoting forexguru
exactly like in the morning, many people shorted and then long, this is just a correction , USA open will be long again, do not get trapped.
Are you long then?
  • #551,923
  • Oct 19, 2011 7:01am Oct 19, 2011 7:01am
Quoting Wilfred
Are you long then?
need a confirmation on 15 minutes bar first, otherwise not, surely I am not short at this moment as support is not broken yet
  • #551,924
  • Oct 19, 2011 7:06am Oct 19, 2011 7:06am
short is active on my side

I do not care of the trap you speak of

atheer1
atheer1
  • #551,925
  • Oct 19, 2011 7:08am Oct 19, 2011 7:08am
Quoting forexguru
exactly like in the morning, many people shorted and then long, this is just a correction , USA open will be long again, do not get trapped.
I not worried defend weekly open 3870 fill 3864 BE 10+ be say all day scalp selling is try secure runner, it was plan and still is plan
Trade safe kiwi
If you are new to Forex? Say Goodbye to your account!!
  • #551,926
  • Oct 19, 2011 7:08am Oct 19, 2011 7:08am
Quoting atheer1
short is active on my side

I do not care of the trap you speak of

atheer1

an order consist of 3 things, start order price, stop loss price and take profit price, so where did you sell, where is your stop loss and where is your take profit?
  • #551,927
  • Oct 19, 2011 7:12am Oct 19, 2011 7:12am
Quoting atheer1
short is active on my side

I do not care of the trap you speak of

atheer1
You'll care when it goes up
Still not in...waiting for the news first

EDIT : higher high, higher close....ding ding
COT: The precious data ignored
  • #551,928
  • Oct 19, 2011 7:14am Oct 19, 2011 7:14am
1.3820 can be a start for long.

It is quite risky though as price can go down at 1.3796

So our stop loss should be 20 pips below that, not a very good trade as risk is quite high, but this is forex.
  • #551,929
  • Oct 19, 2011 7:15am Oct 19, 2011 7:15am
go to aud check what the Dealers aka "Big Dogs" are doing

www.fxcotlounge.com
Attached Image (click to enlarge)
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  • #551,930
  • Oct 19, 2011 7:15am Oct 19, 2011 7:15am
short again?
maybe another spyke before big fall !!!
Attached Image (click to enlarge)
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  • #551,931
  • Oct 19, 2011 7:17am Oct 19, 2011 7:17am
Quoting micho
haha now the fear factor starts kicking in retail traders, they go long and oups... they get trapped
these are what you call bull traps...

haha :nerd:


Attached Image (click to enlarge)
Click to Enlarge Name: bulltrap.jpg Size: 49 KB
When life gives you lemons, make lemonade
  • #551,932
  • Oct 19, 2011 7:17am Oct 19, 2011 7:17am
Quoting kuroro001
You'll care when it goes up
Still not in...waiting for the news first
Maybe, is retest 3832 is squeeze there and ltl of 1hr falling wedge, if can break her I very Happy
If you are new to Forex? Say Goodbye to your account!!
  • #551,933
  • Oct 19, 2011 7:19am Oct 19, 2011 7:19am
Quoting KiwiTrada
Maybe, is retest 3832 is squeeze there and ltl of 1hr falling wedge, if can break her I very Happy
At the moment my eyes are on 1,388x...
Downside move failed to me...maybe later

And if i'm wrong...too bad
COT: The precious data ignored
  • #551,934
  • Oct 19, 2011 7:20am Oct 19, 2011 7:20am
Quoting kuroro001
You'll care when it goes up
Still not in...waiting for the news first

EDIT : higher high, higher close....ding ding
good tactics
  • #551,935
  • Oct 19, 2011 7:21am Oct 19, 2011 7:21am
Quoting KiwiTrada
Maybe, is retest 3832 is squeeze there and ltl of 1hr falling wedge, if can break her I very Happy
What is your TP under that scenario?

Waiting for news now...
  • #551,936
  • Oct 19, 2011 7:24am Oct 19, 2011 7:24am
went short on EURUSD 1.3824, 1 position only target 1.3811
When life gives you lemons, make lemonade
  • #551,937
  • Oct 19, 2011 7:25am Oct 19, 2011 7:25am
Quoting micho
went short on EURUSD 1.3824, 1 position only target 1.3811
13 pips, let's hope it's lucky 13
  • #551,938
  • Oct 19, 2011 7:25am Oct 19, 2011 7:25am
Quoting FXConveyor
13 pips, let's hope it's lucky 13
no problem man... + or - is fine
When life gives you lemons, make lemonade
  • #551,939
  • Oct 19, 2011 7:29am Oct 19, 2011 7:29am
Quoting numb nuts
go to aud check what the Dealers aka "Big Dogs" are doing

www.fxcotlounge.com
wtf you could be right? time will tell

I selling her, medium term targets, mental, possible double top, at multiple resist, etc etc is good rr for me
fill 0344 sl BE no pb

Trade safe kiwi
Attached Image (click to enlarge)
Click to Enlarge Name: AU simple 4hr 20 10 2011.png Size: 38 KB
If you are new to Forex? Say Goodbye to your account!!
  • #551,940
  • Oct 19, 2011 7:30am Oct 19, 2011 7:30am
ok news time again.

Buy 20 pips below
Sell 20 pips above

Close out both simultaneously when both activated.

1.3824 was the pivot point for this l'le exercise.
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