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  • #559,301
  • Nov 8, 2011 3:41am Nov 8, 2011 3:41am
Quoting tankokjian
Took at long at 1.37934 , sl 1.37680 , looks promising.
you long at the peak?
  • #559,302
  • Nov 8, 2011 3:42am Nov 8, 2011 3:42am
sell trade?
  • #559,303
  • Nov 8, 2011 3:43am Nov 8, 2011 3:43am
Quoting happytrader
you long at the peak?
yes , logically i should entered on the pull back , but because price might rush upwards , therefore i got the needle . ouch. sometimes it pays off , well its my method.
  • #559,304
  • Nov 8, 2011 3:48am Nov 8, 2011 3:48am
Quoting tankokjian
yes , logically i should entered on the pull back , but because price might rush upwards , therefore i got the needle . ouch.
I went in on the peak as well, very possible that there will be a price explosion today so doesnt really matter. Im still waiting for 1.4 before the drop off.
  • #559,305
  • Nov 8, 2011 3:53am Nov 8, 2011 3:53am
Quoting fxkiller
hi fellow traders,

my view, no one of you should use stoploss for your current trades in this days..

risk low and hold trades long this days, otherwise it will get hunt on any side u take ur trade..

follow money management, risk small and close trades manually and not with fixed entered sl.

i am short on eu since night and will let it run for this week, no matter how shit market moves..

gl all

this rule will be remain, still the EU take the huge drop down..

but it will not do it yet, still it will rob your money...!

GL
  • #559,306
  • Nov 8, 2011 3:53am Nov 8, 2011 3:53am
what is drop off?
  • #559,307
  • Nov 8, 2011 3:54am Nov 8, 2011 3:54am
this range market..... where is EURO heading SERIOUSLY?
  • #559,308
  • Nov 8, 2011 3:56am Nov 8, 2011 3:56am
Quoting fxkiller
this rule will be remain, still the EU take the huge drop down..

but it will not do it yet, still it will rob your money...!

GL
how long you looking to hold it for man? im bearish medium term too but cant withstand the recent swings/i dont want to deal with the rollover
  • #559,309
  • Nov 8, 2011 3:56am Nov 8, 2011 3:56am
Quoting tankokjian
Took at long at 1.37934 , sl 1.37680 , looks promising.
the more u guys will buy, it will go down...

the more u will sell, it will shoot up..

u guys r really muppets, as cloogy says!

Donate your money! Is still better than giving to bankers!

Dont u guys see, that this range market is not tradable at all..!! Only fast scalping works here and thats all..

and if u are not good enough, live it and wait still the market comes in trend..

may be next week!
  • #559,310
  • Nov 8, 2011 3:57am Nov 8, 2011 3:57am
Does everyone here only look at the minute charts? Take a look at the higher TFs
  • #559,311
  • Nov 8, 2011 3:57am Nov 8, 2011 3:57am
Quoting cloggie
Only back for a bit. Gave the headsup hours ago to keep an eye on the bonds for today, that is driving this market and will do so all week long.

Bunds and spreads were real fun to watch on the EU news this morning, compared to the Italian rumours, they both gave a nice headsup for a no brainer trades in eURUSD
I listened. Real fun.

Quoting cloggie

I told you hours ago to keep an eye on the bondmarkets for today, the FI boys are driving the currencies this week, What are Bunds doing right now??? Yup, so what is EURUSD going to do as a result, yup, you got it.

......
....

Quoting cloggie
Cloggie covers and price stalls.

I like it how the markets runs to where I cover and then sits and waits for me to get my lunch in before we get the next setup.....
http://www.smiley-lol.com/smiley/loi...s/hamecon1.gif
I am waiting for cloggie indicator to cover this live - to get out of position and reverse. Respect to the man!

_______________________________________________________________

Quoting 21vs7
1,3785 should be the next hurdle if we go to a long scenario.

Will not even comment issue of a delay of bond market vs fx.

Adding.

First package everything on BE.
Price stalled at the level.


Still pressure down on Italy.

Adding in style...
  • #559,312
  • Nov 8, 2011 3:59am Nov 8, 2011 3:59am
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h1_08.11.11.jpg Size: 170 KB
  • #559,313
  • Nov 8, 2011 4:01am Nov 8, 2011 4:01am
Quoting tankokjian
yes , logically i should entered on the pull back , but because price might rush upwards , therefore i got the needle . ouch. sometimes it pays off , well its my method.
No No that is not a method, that is suicide long term, I dont care if it shoot up 200 pip now, getting hit by frieght train or falling knives is the same for late buyer and early seller
Be patient wait pa come to you, buy low sell high, blah blah
If you are new to Forex? Say Goodbye to your account!!
  • #559,314
  • Nov 8, 2011 4:02am Nov 8, 2011 4:02am
Quoting fxkiller
the more u guys will buy, it will go down...

the more u will sell, it will shoot up..

u guys r really muppets, as cloogy says!

Donate your money! Is still better than giving to bankers!

Dont u guys see, that this range market is not tradable at all..!! Only fast scalping works here and thats all..

and if u are not good enough, live it and wait still the market comes in trend..

may be next week!
The biggest break outs come from a ranging market, unless you are in trade while its ranging you will miss it. Most important thing is to have a big enough stop so you dont get taken out. Small positions in ranging will still bring big profits in the breakout, and then you can take bigger positions on the actual trend. No pain no gain, no risk to reward!
  • #559,315
  • Nov 8, 2011 4:04am Nov 8, 2011 4:04am
Quoting Nik655
The biggest break outs come from a ranging market, unless you are in trade while its ranging you will miss it. Most important thing is to have a big enough stop so you dont get taken out. Small positions in ranging will still bring big profits in the breakout, and then you can take bigger positions on the actual trend. No pain no gain, no risk to reward!
go back to your performance and count your last days pips and % of winning, and u will have ur answer..!
  • #559,316
  • Nov 8, 2011 4:16am Nov 8, 2011 4:16am
I am build position cable, she eu sister, sell defend 6074 backup 6088 sl above 6095 if this is success eu may follow
If you are new to Forex? Say Goodbye to your account!!
  • #559,317
  • Nov 8, 2011 4:28am Nov 8, 2011 4:28am
Quoting fxkiller
go back to your performance and count your last days pips and % of winning, and u will have ur answer..!
Agreed.

True a breakout from a ranging market gives a good pip run, provided that you are on the right side.

Why not just wait for it and ride the after trend? Buy the dips sell the pullback
  • #559,318
  • Nov 8, 2011 4:30am Nov 8, 2011 4:30am
If it's going to break either direction, should be during this 30min or in the very beginning of next hour.
They think they are smarter than I am.
  • #559,319
  • Nov 8, 2011 4:31am Nov 8, 2011 4:31am
Quoting KiwiTrada
No No that is not a method, that is suicide long term, I dont care if it shoot up 200 pip now, getting hit by frieght train or falling knives is the same for late buyer and early seller
Be patient wait pa come to you, buy low sell high, blah blah
OK , my bad behavior , i will changed after i get the nice pipps , but every indication shows a bearish movement. it is very natural for price action to reverse and touch 35/50ma before moving up again.
  • #559,320
  • Nov 8, 2011 4:34am Nov 8, 2011 4:34am
Quoting jayjb
Agreed.

True a breakout from a ranging market gives a good pip run, provided that you are on the right side.

Why not just wait for it and ride the after trend? Buy the dips sell the pullback


You can wait to ride the trend with your bigger positions, No harm in taking something small of which a loss makes no difference but a massive breakout would still bring decent money.
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