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  • Post #37,641
  • Quote
  • Dec 13, 2011 9:12pm Dec 13, 2011 9:12pm
  •  Halba
  • | Joined Dec 2011 | Status: Member | 799 Posts
range trading , i guess easy to see after the fact, at some point range will break thats what i dont like about playing ranges
 
 
  • Post #37,642
  • Quote
  • Dec 13, 2011 9:18pm Dec 13, 2011 9:18pm
  •  wbh
  • | Joined Sep 2008 | Status: Member | 92 Posts
took the risk long 9989 sl 9979 now BE looking for fib 23.6
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  • Post #37,643
  • Quote
  • Dec 13, 2011 9:18pm Dec 13, 2011 9:18pm
  •  mpurdy1973
  • | Joined Jan 2006 | Status: Member | 383 Posts
short again 0002; with short stop; i think tonight the hopium is not going to work :-)
 
 
  • Post #37,644
  • Quote
  • Dec 13, 2011 9:18pm Dec 13, 2011 9:18pm
  •  isaacyassar
  • | Joined Sep 2010 | Status: a happy trader | 142 Posts
Quoting isaacyassar
Disliked
Asian bears are trying to push lower once more. With a lower high on its back, will it succeed in breaching 0.9980 ? Will the defending bulls give in ?
Ignored
The Asian bears' 2nd attempt failed, countered harshly by the bulls with a very smart bullish marubozu (15M), painting 2 favorable formations at a time: a higher low and a bullish engulfing

Will the bears reconsider their campaign?
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The tone of your words reflects the quality and result of your trading ;-)
 
 
  • Post #37,645
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  • Dec 13, 2011 9:21pm Dec 13, 2011 9:21pm
  •  Halba
  • | Joined Dec 2011 | Status: Member | 799 Posts
i think its just range trading for now, its asia trade wait for europe there will be a move some direction
 
 
  • Post #37,646
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  • Dec 13, 2011 9:34pm Dec 13, 2011 9:34pm
  •  benjamf13
  • | Joined Aug 2011 | Status: Member | 80 Posts
Quoting Halba
Disliked
i think its just range trading for now, its asia trade wait for europe there will be a move some direction
Ignored
or perhaps if it breaks this channel in the 5M charts.....

a break up might see 1.002 and beyond? or a break down perhaps .998 and beyond?
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  • Post #37,647
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  • Dec 13, 2011 9:38pm Dec 13, 2011 9:38pm
  •  e_piz
  • | Joined May 2007 | Status: MM is a must - Kaaa-cinggggg! | 242 Posts
Quoting e_piz
Disliked
Short @0091. TP @ 1.0000, believe can be touch by end of 2 morrow asia session.

Anyone have diff oppinion and may share your expertise?
Ignored
Good morning. Clean 90 pip for the day. Long on E/J now.
Trade what you see. Write what you feel
 
 
  • Post #37,648
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  • Dec 13, 2011 10:05pm Dec 13, 2011 10:05pm
  •  sidhujag
  • Joined Apr 2009 | Status: Non-Member | 4,719 Posts
Quoting e_piz
Disliked
Good morning. Clean 90 pip for the day. Long on E/J now.
Ignored
You know there are large stops under 101?
 
 
  • Post #37,649
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  • Dec 13, 2011 10:08pm Dec 13, 2011 10:08pm
  •  isaacyassar
  • | Joined Sep 2010 | Status: a happy trader | 142 Posts
Quoting e_piz
Disliked
Good morning. Clean 90 pip for the day. Long on E/J now.
Ignored
That's quite some pip you got How big was your SL ?
The tone of your words reflects the quality and result of your trading ;-)
 
 
  • Post #37,650
  • Quote
  • Dec 13, 2011 10:19pm Dec 13, 2011 10:19pm
  •  mpurdy1973
  • | Joined Jan 2006 | Status: Member | 383 Posts
about to break out of a 6 hour channel; if i was brave i would go long; but i am not; so i will wait till later to short :-)

probably would be safer to short the euraud; seems to be trading in inverse to the audusd right now.
 
 
  • Post #37,651
  • Quote
  • Dec 13, 2011 10:25pm Dec 13, 2011 10:25pm
  •  Halba
  • | Joined Dec 2011 | Status: Member | 799 Posts
Quoting benjamf13
Disliked
or perhaps if it breaks this channel in the 5M charts.....

a break up might see 1.002 and beyond? or a break down perhaps .998 and beyond?
Ignored
it has broken up, but a breakout can be a false one before a fade

it broke out too quick

i wouldn't be so quick to short it

glad i did not short
 
 
  • Post #37,652
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  • Dec 13, 2011 10:26pm Dec 13, 2011 10:26pm
  •  benjamf13
  • | Joined Aug 2011 | Status: Member | 80 Posts
Quoting mpurdy1973
Disliked
about to break out of a 6 hour channel; if i was brave i would go long; but i am not; so i will wait till later to short :-)

probably would be safer to short the euraud; seems to be trading in inverse to the audusd right now.
Ignored
I'm very much the same as you!
It just broke out, and I was sitting here watching the 15m chart, and had a bad gut feeling, so closed my shorts in profit, and what happens 4 minutes later - bang! the up! now I'll wait to see where this lands and short the bugger again
 
 
  • Post #37,653
  • Quote
  • Dec 13, 2011 10:34pm Dec 13, 2011 10:34pm
  •  Halba
  • | Joined Dec 2011 | Status: Member | 799 Posts
next key level 1.0030 swing high, i would not short breakout in long term it is loser
 
 
  • Post #37,654
  • Quote
  • Dec 13, 2011 10:38pm Dec 13, 2011 10:38pm
  •  mpurdy1973
  • | Joined Jan 2006 | Status: Member | 383 Posts
we could see 1.01 before the bears come back out...
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  • Post #37,655
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  • Edited 11:05pm Dec 13, 2011 10:44pm | Edited 11:05pm
  •  mpurdy1973
  • | Joined Jan 2006 | Status: Member | 383 Posts
re-entered the channel after break out - technically that is bearish - just shorted 0019 - tight stop

well, should have known better to do technical trading on a M1 chart! - just playing with me - im a now flat.
 
 
  • Post #37,656
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  • Dec 13, 2011 11:52pm Dec 13, 2011 11:52pm
  •  wbh
  • | Joined Sep 2008 | Status: Member | 92 Posts
Quoting wbh
Disliked
took the risk long 9989 sl 9979 now BE looking for fib 23.6
Ignored
tp 0020 got 30 will look to short later, see where frankie and london go.
 
 
  • Post #37,657
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  • Dec 14, 2011 12:05am Dec 14, 2011 12:05am
  •  saculer
  • | Joined Nov 2011 | Status: Member | 14 Posts
Missed my TP at 1.003 so I will hold the countertrend long for more corrective relief. Moved stop forward to just above parity. Also awaiting European trading...
 
 
  • Post #37,658
  • Quote
  • Edited 2:28am Dec 14, 2011 12:09am | Edited 2:28am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,992 Posts
Morning . my signal pair only started break but still there may be more turmoils before settle below parity , so next signal will take from breaks 0.9941 for only0.9780-53 before further decision.
lets see how straight it can move or any great turmoils or bigger ranges before the bear come .before may scalp at levels broken before 1.0108 & 1.0048 or any ups with risks .

for small move , watching 1.0053 limit before test 0.9941 if .

last usdx
http://www.forexfactory.com/showthre...06#post5221206
& next play whatever comes up continue down or more correction , still to decide .

fontu
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Not understand?never follow my analyses!
 
 
  • Post #37,659
  • Quote
  • Dec 14, 2011 12:40am Dec 14, 2011 12:40am
  •  saculer
  • | Joined Nov 2011 | Status: Member | 14 Posts
Mean old bear took me out +8, but I still see this going higher short term. Long again from 1.0006. Heck, maybe I'll just scalp til Frankfurt.
 
 
  • Post #37,660
  • Quote
  • Edited 1:21am Dec 14, 2011 12:54am | Edited 1:21am
  •  e_piz
  • | Joined May 2007 | Status: MM is a must - Kaaa-cinggggg! | 242 Posts
Sell Limit place @1.0040. TP on 0.99 area or maybe can continue down to close last 2 week gap @9750 area. SL 100 @ 1.0150

Edit: move to 1.0050, looks more room for bull before heading south.
Trade what you see. Write what you feel
 
 
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