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  • #574,801
  • Dec 14, 2011 9:24am Dec 14, 2011 9:24am
Quoting sidhujag
The test low was 29692, if it was a reversal that was it otherwise if it gets there again, I am looking lower.
Thanks mate. But my broker posted a low of 29654. GFT. Also note that the price feed for GFT DealBook also varies a bit from GFT MT4. I use the proprietary DB 360. I look forward to you selling that low to me while I buy. My risk is already calculated. If I loose I'd just move on to the next trade.

Quoting MaxDoom
I am on your side still building shorts
Seriously bro, all my shorts have already hit their TPs. I'm flat and waiting to long 2pips below my TP3. I wish you the best with your shorts. But really, anything can happen. Just make sure you're protected.
Don't just beat the markets, leave bruises.
  • #574,802
  • Dec 14, 2011 9:30am Dec 14, 2011 9:30am
TABLE with survey for the EUR/USD pair:

2011-12-14_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-50 y

See you later ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #574,803
  • Dec 14, 2011 9:30am Dec 14, 2011 9:30am
Quoting Motion
Seriously bro, all my shorts have already hit their TPs. I'm flat and waiting to long 2pips below my TP3. I wish you the best with your shorts. But really, anything can happen. Just make sure you're protected.

no worries I have been short for days in and out and build up around consolidation points everythign is in order no shirts on the table.
  • #574,804
  • Dec 14, 2011 9:31am Dec 14, 2011 9:31am
back in the real world. looking for the retest of this last support area before the bottom. let's see if they can crack it this time.
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  • #574,805
  • Dec 14, 2011 9:34am Dec 14, 2011 9:34am
If the euro closes below the psychological $1.30 level
later, this will be the first time since Jan 11, 2011 ($1.2975) that it
has done so. Traders view the move sub $1.30 as a capitulation trade,
with scope for further followthrough in coming sessions. Last week's ECB
decision/press conf/ EU Summit result was the kiss of death for the
euro. "There was no resolution (of the crisis) and the ECB is not coming
to the rescue - there is no reason to hold the euro," one trader says.
The 2011 low around $1.2870/75 seen Jan 10 is viewed as the next downside target.
  • #574,806
  • Dec 14, 2011 9:34am Dec 14, 2011 9:34am
Quoting MaxDoom
no worries I have been short for days in and out and build up around consolidation points everythign is in order no shirts on the table.
Yeah if u have a lot of sell positions u can hold on to them but for scalpers...u see why they might get bored here no?
  • #574,807
  • Dec 14, 2011 9:40am Dec 14, 2011 9:40am
Quoting Alexone
Yeah if u have a lot of sell positions u can hold on to them but for scalpers...u see why they might get bored here no?

so here is an idea for bored scalpers then....

make 1 entry with the trend at a good position (not a scalp) wait for it to be a good bit in profit.

then scalp the retracements to a maximum of the same size lot each time.

at worst you negate you trend profit. at best you keep banking little wins for NO risk plus the trend position.

if you get back to zero close all find another pastime
  • #574,808
  • Dec 14, 2011 9:45am Dec 14, 2011 9:45am
Quoting MaxDoom
so here is an idea for bored scalpers then....

make 1 entry with the trend at a good position (not a scalp) wait for it to be a good bit in profit.

then scalp the retracements to a maximum of the same size lot each time.

at worst you negate you trend profit. at best you keep banking little wins for NO risk
Sometimes i do this too. But most of the time, i cant tell the difference between a retracement and a reversal (and i really dont need to in order for me to make money). Ive lost '100pips in profit' trades because of it, (messed up on the retracements as well), so now i do it way more rarely than b4.
  • #574,809
  • Dec 14, 2011 9:47am Dec 14, 2011 9:47am
Quoting Pipsforall
I'm stepping in front of the train and taking a long euro position here, I think we see a pop back to 1.33 to 1.34, might visit 1.29 first, but I'm willing to hold and add to my long there. Everyone is short here, everyone is calling for parity by the end of the week, what's the old sang, "The market inflicts the most pain on the largest amount of traders."
Aftet a very nice free fall, my pendin buy order opened at 1.3000 n tp at 1.40000.
{Promotion Removed}
  • #574,810
  • Dec 14, 2011 9:50am Dec 14, 2011 9:50am
Quoting MaxDoom
If the euro closes below the psychological $1.30 level
later, this will be the first time since Jan 11, 2011 ($1.2975) that it
has done so. Traders view the move sub $1.30 as a capitulation trade,
with scope for further followthrough in coming sessions. Last week's ECB
decision/press conf/ EU Summit result was the kiss of death for the
euro. "There was no resolution (of the crisis) and the ECB is not coming
to the rescue - there is no reason to hold the euro," one trader says.
The 2011 low around $1.2870/75 seen Jan 10 is viewed as the next downside...

When you refer to close, do you mean the NY close? My broker doesn't close the daily until midnight EST in the USJust looking for clarification. Thanks.
  • #574,811
  • Dec 14, 2011 9:51am Dec 14, 2011 9:51am
Quoting led1816
Aftet a very nice free fall, my pendin buy order opened at 1.3000 n tp at 1.40000.
  • #574,812
  • Dec 14, 2011 9:52am Dec 14, 2011 9:52am
finally some new numbers...
  • #574,813
  • Dec 14, 2011 9:56am Dec 14, 2011 9:56am
Quoting samdani786
How you doing bro . Me going along with you from the top

Doing good bro & you?

I hear stops going off
Thank You
  • #574,814
  • Dec 14, 2011 9:56am Dec 14, 2011 9:56am
Quoting E-Money
When you refer to close, do you mean the NY close? My broker doesn't close the daily until midnight EST in the USJust looking for clarification. Thanks.
as it's fx and from Us data feed I expect they mean the end of the US fx session.
  • #574,815
  • Dec 14, 2011 9:58am Dec 14, 2011 9:58am
Quoting MaxDoom
as it's fx and from Us data feed I expect they mean the end of the US fx session.

Thank you.
  • #574,816
  • Dec 14, 2011 9:59am Dec 14, 2011 9:59am
worth waiting for
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  • #574,817
  • Dec 14, 2011 10:01am Dec 14, 2011 10:01am
Quoting MaxDoom
worth waiting for

Well done.
  • #574,818
  • Dec 14, 2011 10:02am Dec 14, 2011 10:02am
Quoting Fudomyo
back in the real world. looking for the retest of this last support area before the bottom. let's see if they can crack it this time.
last leg down and my year is closed.

Quoting Alexone
Its always funny when some1 is explaining one's jokes. Or is it?
mate, I have a very dry sense of humor too (in case you hadn't noticed).

anyway, have a good one and catch some sleep.

  • #574,819
  • Dec 14, 2011 10:02am Dec 14, 2011 10:02am
Quoting MaxDoom
worth waiting for
Fantastic trading

And that bearish pennant of yours is now valid too. More downside to come by the looks of it
Thank You
  • #574,820
  • Dec 14, 2011 10:03am Dec 14, 2011 10:03am
ok. 2958 hit. now 2867. i will add short from 2986
looking for investors . pm me
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