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  • #1,801
  • Dec 12, 2011 7:17am Dec 12, 2011 7:17am
buy eurusd h1

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Click to Enlarge Name: 4-buy eurusd h1.gif Size: 58 KB
  • #1,802
  • Dec 12, 2011 7:17am Dec 12, 2011 7:17am
Go short now or wait for the next candle?
  • #1,803
  • Dec 12, 2011 7:26am Dec 12, 2011 7:26am
Quoting amiralifx
buy eurusd h1

Attachment
sl = -29 pips
  • #1,804
  • Dec 12, 2011 7:26am Dec 12, 2011 7:26am
I'm short on e/u. It broke 1.3250
  • #1,805
  • Dec 12, 2011 7:47am Dec 12, 2011 7:47am
Pecunia, I am also short E/U 1 hr. Also waited to break the rn, got in at 1.3240. SL at 1.3270, looking TP aound 1.3210 depending on pa.
  • #1,806
  • Dec 12, 2011 7:54am Dec 12, 2011 7:54am
Quoting Brifx
Pecunia, I am also short E/U 1 hr. Also waited to break the rn, got in at 1.3240. SL at 1.3270, looking TP aound 1.3210 depending on pa.
I'd like to ask u how you usually set your SL? (fixed or S/R or swing low/high or ...) Do u use trailing SL? How ur TP movements depend on pa? Thank you
  • #1,807
  • Dec 12, 2011 8:01am Dec 12, 2011 8:01am
Quoting Pecunia
I'm short on e/u. It broke 1.3250

Pecunia,

Did you have that level marked yourself or through an Indi?
  • #1,808
  • Dec 12, 2011 8:06am Dec 12, 2011 8:06am
Quoting Waqs
Pecunia,

Did you have that level marked yourself or through an Indi?
I guess you could use a SR indicator (just do a search), but i just use my MT4 crosshairs and my eyes. I like to keep my charts clean with no distraction. I watch my charts the whole time during London session, so I'm there if it breaks. If you're not able to check your charts, you could use an alarm that sound if price drops below a certain level.

Hope this helps
  • #1,809
  • Dec 12, 2011 8:18am Dec 12, 2011 8:18am
Quoting Phx62
Here is my chart for the trade. I entered on the break of the triple bottom resistance (white line) and a bounce of the TDI shortly after the Frankfurt Open. The candle that looked like a pullback on a double bottom came back down....so no pullback yet.
Dear Phx62!

Your trades are true inspiration! I hope some day I can reach the level of confidence in my trading as you do. In your last posted trade there is a purple line (perhaps some MA?) clearly above the price. Do you use it for determining the general trend?

Thanks, thrax
  • #1,810
  • Dec 12, 2011 8:26am Dec 12, 2011 8:26am
Quoting Pecunia
I guess you could use a SR indicator (just do a search), but i just use my MT4 crosshairs and my eyes. I like to keep my charts clean with no distraction. I watch my charts the whole time during London session, so I'm there if it breaks. If you're not able to check your charts, you could use an alarm that sound if price drops below a certain level.

Hope this helps
thanks so im guessing the resistance level you referred to was on the 30th Nov.

Thanks for the tips.
  • #1,811
  • Dec 12, 2011 8:37am Dec 12, 2011 8:37am
Quoting thrax
Dear Phx62!

Your trades are true inspiration! I hope some day I can reach the level of confidence in my trading as you do. In your last posted trade there is a purple line (perhaps some MA?) clearly above the price. Do you use it for determining the general trend?

Thanks, thrax
No, that is just a trendline from October 27th that shows a downtrend since that date. It is just a reference point....nothing more.
  • #1,812
  • Dec 12, 2011 8:40am Dec 12, 2011 8:40am
Quoting Pecunia
I'm short on e/u. It broke 1.3250
I'm out @ BE. It's just bouncing around @ 1.3240
  • #1,813
  • Dec 12, 2011 9:06am Dec 12, 2011 9:06am
i am short on E/U.
  • #1,814
  • Dec 12, 2011 9:10am Dec 12, 2011 9:10am
Quoting stevebalmmer
i am short on E/U.
i believe that green tdi is under 32 and should waiting for buy .


any comment? its ok?
  • #1,815
  • Dec 12, 2011 9:12am Dec 12, 2011 9:12am
Quoting Pecunia
I'm out @ BE. It's just bouncing around @ 1.3240
Yeah I pulled out at +10.
  • #1,816
  • Dec 12, 2011 9:13am Dec 12, 2011 9:13am
Today just aint a good trading day at all for me.
E/u is heading in one direction since the london open. No retracements yet.
X-man the legendary conqueror of markets
  • #1,817
  • Dec 12, 2011 9:16am Dec 12, 2011 9:16am
Gold and oil are down!
Quoting amiralifx
i believe that green tdi is under 32 and should waiting for buy .


any comment? its ok?
  • #1,818
  • Dec 12, 2011 9:29am Dec 12, 2011 9:29am
Quoting X-Man
Today just aint a good trading day at all for me.
E/u is heading in one direction since the london open. No retracements yet.
Same here. Did 3 trades today one loss -20 pips and 2 BE's...
  • #1,819
  • Dec 12, 2011 9:33am Dec 12, 2011 9:33am
Just closed E/U short at 1.3225. Seems to be headed down again but wanted to lock in my pips. Not great signals today but was lucky, 2 trades for +45.
  • #1,820
  • Dec 12, 2011 9:33am Dec 12, 2011 9:33am
Quoting X-Man
Today just aint a good trading day at all for me.
E/u is heading in one direction since the london open. No retracements yet.
X Man
Have you had any consecutive days without any trades on the 1 hour?
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