EurAnalysis | Page 342 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #6,821
  • Nov 1, 2011 7:35am Nov 1, 2011 7:35am
Quoting RodMca
Exactly it PK follow it all the way down on the 5 min! short at 1.3702 and aint leaving anytime soon.. Unless my breakeven gets hit ha!


PT 1200 could very well be hit over the coming days? Draghi is in a very compromising situation where if he leaves interest rates unchanged it signals they are slowly breaking up the euro and leaving the peripheries to fight the crisis themselves and if he reduces interest rates well that means sell euro so....... sell the euro! Meaning risk off and possibly see 1200 as a result.. Who knows!
If this thing takes off today you may want to consider moving up to a 10 or 15 minute chart to trail it and let it run. Make that scalp into nice intraday or better.
I don't care which way the market is going as long as it's going my way
  • #6,822
  • Nov 1, 2011 7:37am Nov 1, 2011 7:37am
Quoting RodMca
Anybody trading sp500 look at that monster drop all in one minute about 30mins ago
You are looking at the one minute. Look at the 5 min frame. It is much easier to deal with.

Are you the one that asked about the best trading style... If you are, the answer is the one that you are personally comfortable with. If your personality does not jive with your style... it will be very hard to succeed.

And you can combine the two styles... when you have achieved a profit level you are happy with, close half the position and move SL to BE. No risk, and a possible large upside.
Kill the ego, or it will kill the mission.
  • #6,823
  • Nov 1, 2011 7:38am Nov 1, 2011 7:38am
PK you must be the only one on this thread that hasn't asked about my system haha.. I have my 15min open and my sma's have crossed and we are going down was just about to close of next thing i lookand we are 1.3660 thank god for that!!
  • #6,824
  • Nov 1, 2011 7:40am Nov 1, 2011 7:40am
Attention, attention. Poop has hit the fan. I repeat. Poop has hit the fan. Last passangers, please enter on the board, submarine is going to depart soon.
"I know one thing, that I know nothing." Sokrates
  • #6,825
  • Nov 1, 2011 7:40am Nov 1, 2011 7:40am
Quoting AaronWard
You are looking at the one minute. Look at the 5 min frame. It is much easier to deal with.

Are you the one that asked about the best trading style... If you are, the answer is the one that you are personally comfortable with. If your personality does not jive with your style... it will be very hard to succeed.

And you can combine the two styles... when you have achieved a profit level you are happy with, close half the position and move SL to BE. No risk, and a possible large upside.
Thanks Aaron i took some well needed time out and am very comfortable with what I'm doing now I'm making huge amounts of pips daily. Pocketed 330 yesterday and have +150 and counting so far today. If you want to find out about my system i can email you the details?
  • #6,826
  • Nov 1, 2011 7:44am Nov 1, 2011 7:44am
Quoting RodMca
PK you must be the only one on this thread that hasn't asked about my system haha.. I have my 15min open and my sma's have crossed and we are going down was just about to close of next thing i lookand we are 1.3660 thank god for that!!
I figured you would get flooded yesterday after your offer so i left you alone. I would like to take a look at it when you get a chance. No hurry. Take advantage and trade now no need to send it to me until you are done trading.

I'm @ BE+2 now +65 Have 2 pieces on and almost no risk

Moved up from the 2 minute to the 15 minute to see if she will rip down.
I don't care which way the market is going as long as it's going my way
  • #6,827
  • Nov 1, 2011 7:45am Nov 1, 2011 7:45am
Quoting RodMca
Thanks Aaron i took some well needed time out and am very comfortable with what I'm doing now I'm making huge amounts of pips daily. Pocketed 330 yesterday and have +150 and counting so far today. If you want to find out about my system i can email you the details?
Happy to get them either by PM or by email at [email protected].

Kill the ego, or it will kill the mission.
  • #6,828
  • Nov 1, 2011 7:46am Nov 1, 2011 7:46am
Lot of range traders trapped that went long on 1.3700
Lot of bears trapped out of the pair that wanted a retrace. Have to chase the market
  • #6,829
  • Nov 1, 2011 7:46am Nov 1, 2011 7:46am
Well 1.365 is dead, 1.37 ret is nowhere to be found so I'll hop on board again @ 1.366 maybe? I think E/U is pretty much dead on the water now. Huge amount of orders over here.


Quoting Tom_D_Trader
Attention, attention. Poop has hit the fan. I repeat. Poop has hit the fan. Last passangers, please enter on the board, submarine is going to depart soon.
  • #6,830
  • Nov 1, 2011 7:47am Nov 1, 2011 7:47am
Quoting jeff_b
Well 1.365 is dead, 1.37 ret is nowhere to be found so I'll hop on board again @ 1.366 maybe? I think E/U is pretty much dead on the water now. Huge amount of orders over here.

I have first target at 35825. But we may be going deep. I shall babysit these trades.
"I know one thing, that I know nothing." Sokrates
  • #6,831
  • Nov 1, 2011 7:48am Nov 1, 2011 7:48am
Quoting jeff_b
My chart for reference, I don't see the rev. sign at all, can you point out? Have just take profit, will short again @ 1.37.
Lol, Jeff, Rod... I made a minor mistake and quoted the wrong guy...So sorry. that post was meant for Jeff.
Kill the ego, or it will kill the mission.
  • #6,832
  • Nov 1, 2011 7:49am Nov 1, 2011 7:49am
Nearly time to take profits and wait for a retrace my technicals are on the floor in 15min,5min. Maybe we'll see 1.36?
  • #6,833
  • Nov 1, 2011 7:51am Nov 1, 2011 7:51am
Quoting RodMca
Nearly time to take profits and wait for a retrace my technicals are on the floor in 15min,5min. Maybe we'll see 1.36?
1.3380 today (as long as all the bankers and politicians keep their mouths shut)

ADD: Support confirmed at 1.3600
Those who say it cannot be done should not interrupt those who are doing it
  • #6,834
  • Nov 1, 2011 7:54am Nov 1, 2011 7:54am
Trough the demand level I have marked in red. Next stop near demand level below 1.335 - 1.345, daily support around 1.345 and 23.6 fib @ 1.3476.

1.348 - 1.35 not a bad intraday target for today IMHO.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 127 KB
I don't care which way the market is going as long as it's going my way
  • #6,835
  • Nov 1, 2011 7:54am Nov 1, 2011 7:54am
Quoting PipTrapper
1.3380 today (as long as all the bankers and politicians keep their mouths shut)
3384 - 3388 as a dropzone here.
"I know one thing, that I know nothing." Sokrates
  • #6,836
  • Nov 1, 2011 7:55am Nov 1, 2011 7:55am
Quoting PipTrapper
1.3380 today (as long as all the bankers and politicians keep their mouths shut)
What?? You serious! i was think 1.3550 the floor for today? If we see 1.3380 I'll have scalped alomost 800 pips in two days? I hope youre right PT but i still might take profits soon and look to re-enter after the next short term correction..
  • #6,837
  • Nov 1, 2011 7:57am Nov 1, 2011 7:57am
TP hit 196 pips for the day so far will look to re-enter at 1.3650 or wherever my sma's on the 5min tell me to
  • #6,838
  • Nov 1, 2011 7:58am Nov 1, 2011 7:58am
I have found nice picture at work. It is quite old, but turned out pretty well .

DIET: Btw that red dotted line heading down is a prediction, heading really really down into oblivion.
Attached Image (click to enlarge)
Click to Enlarge Name: 12.gif Size: 27 KB
"I know one thing, that I know nothing." Sokrates
  • #6,839
  • Nov 1, 2011 7:59am Nov 1, 2011 7:59am
Quoting PipTrapper
1.3380 today (as long as all the bankers and politicians keep their mouths shut)

ADD: Support confirmed at 1.3600

Have you ever known a politician that could keep their mouth shut


Add: Oh yea..... they can't, It was a Greek politician that lit today's dump
I don't care which way the market is going as long as it's going my way
  • #6,840
  • Nov 1, 2011 8:01am Nov 1, 2011 8:01am
Quoting RodMca
What?? You serious! i was think 1.3550 the floor for today? If we see 1.3380 I'll have scalped alomost 800 pips in two days? I hope youre right PT but i still might take profits soon and look to re-enter after the next short term correction..
Yes I'm serious.
There is not much support left from here to there now.
1.3650 is busted. Look at the chart. Next major support (dashed yellow line) is 1.3380 area corresponding with the large green up candle from 10 October.

Welcome to "Tanking Tuesday"

.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-d1.gif Size: 23 KB
Those who say it cannot be done should not interrupt those who are doing it
16 traders viewing now