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EURUSD

  • #579,641
  • Jan 4, 2012 2:15am Jan 4, 2012 2:15am
I did not buy this last 130 pip rally bcoz of that.
  • #579,642
  • Jan 4, 2012 2:15am Jan 4, 2012 2:15am
Taking a small Short at 3070
  • #579,643
  • Jan 4, 2012 2:16am Jan 4, 2012 2:16am
Quoting GSGill
Taking a small Short at 3070

donno do that.
  • #579,644
  • Jan 4, 2012 2:17am Jan 4, 2012 2:17am
Quoting GSGill
Taking a small Short at 3070
reason..?...the probability ut still high than dt since it above 1..3 ..just play save dont take a risk
Bismillah
  • #579,645
  • Jan 4, 2012 2:17am Jan 4, 2012 2:17am
Quoting Nachiket
u are rite. they are overshotting it. probably 1.31 is a trap zone for a upward swing to 1.32. we will get a 350 pip rally in merely 5 trading sessions if it happens today.

you are one hillarious guy. You could be right.

cluster at 1,3082-88-92 could easily be a trap for bullish continuance and bigger retrace. we shall see.
  • #579,646
  • Jan 4, 2012 2:18am Jan 4, 2012 2:18am
Quoting Nachiket
u are rite. they are overshotting it. probably 1.31 is a trap zone for a upward swing to 1.32. we will get a 350 pip rally in merely 5 trading sessions if it happens today.
like i said from my previous chart forecast..hope this is wave 3...hehhe
Bismillah
  • #579,647
  • Jan 4, 2012 2:21am Jan 4, 2012 2:21am
Quoting krunfx
reason..?...the probability ut still high than dt since it above 1..3 ..just play save dont take a risk
Explaining myself is not my forte but here goes anyway and I dont usually do it but ill try this time. My H2 fork and basket rsi readings coincided with a resistance zone for Oil and S&P and EURO being weak on a relative basis, this short seemed ok to take.
  • #579,648
  • Jan 4, 2012 2:23am Jan 4, 2012 2:23am
WTF just happened ??
had a EU short order at 1.3033 and Gold at 1606... Just burst thru up.. and had no SL .. so holding :@

All this while i went to take a dump.. WTF !
  • #579,649
  • Jan 4, 2012 2:25am Jan 4, 2012 2:25am
Quoting $maker
WTF just happened ??
had a EU short order at 1.3033 and Gold at 1606... Just burst thru up.. and had no SL .. so holding :@

All this while i went to take a dump.. WTF !
Thats a long dump.
  • #579,650
  • Jan 4, 2012 2:26am Jan 4, 2012 2:26am
Quoting GSGill
Thats a long dump.
lol
  • #579,651
  • Jan 4, 2012 2:26am Jan 4, 2012 2:26am
Getting out full position +15 pips
  • #579,652
  • Jan 4, 2012 2:26am Jan 4, 2012 2:26am
Quoting $maker
WTF just happened ??
had a EU short order at 1.3033 and Gold at 1606... Just burst thru up.. and had no SL .. so holding :@

All this while i went to take a dump.. WTF !

stoploss my friend stoploss. read this. this article is meant for traders like you or should i say gamblers

http://www.learntotradethemarket.com...misconceptions
  • #579,653
  • Jan 4, 2012 2:30am Jan 4, 2012 2:30am
Quoting Nachiket
stoploss my friend stoploss. read this. this article is meant for traders like you or should i say gamblers

http://www.learntotradethemarket.com...misconceptions
1. i asked for the reason of the spike up , not for trading tips.
2. You do not know how i trade, how much money i make or lose.
  • #579,654
  • Jan 4, 2012 2:31am Jan 4, 2012 2:31am
"Pippin aint easy"
  • #579,655
  • Jan 4, 2012 2:31am Jan 4, 2012 2:31am
Quoting $maker
1. i asked for the reason of the spike up , not for trading tips.
2. You do not know how i trade, how much money i make or lose.
Touchy, a little?
  • #579,656
  • Jan 4, 2012 2:32am Jan 4, 2012 2:32am
Quoting Nachiket
stoploss my friend stoploss. read this. this article is meant for traders like you or should i say gamblers

http://www.learntotradethemarket.com...misconceptions
I dont use Stoploss, and Im Successful -

.... -ly bankrupt!
  • #579,657
  • Jan 4, 2012 2:33am Jan 4, 2012 2:33am
Quoting $maker
WTF just happened ??
had a EU short order at 1.3033 and Gold at 1606... Just burst thru up.. and had no SL .. so holding :@

All this while i went to take a dump.. WTF !
You took a dump during London open?
"We cannot direct the wind, but we can adjust the sails."
  • #579,658
  • Jan 4, 2012 2:33am Jan 4, 2012 2:33am
Quoting GSGill
Taking a small Short at 3070
Out +15 will not scale out of this one.
  • #579,659
  • Jan 4, 2012 2:33am Jan 4, 2012 2:33am
Quoting $maker
1. i asked for the reason of the spike up , not for trading tips.
2. You do not know how i trade, how much money i make or lose.
don't worry , Nachiket will disappear from thread (as usual) if market move against his prediction
Mohan
  • #579,660
  • Jan 4, 2012 2:34am Jan 4, 2012 2:34am
Hi all, i know this thread is for EURUSD..but im posting this query here cause i find most of the senior traders here.im a nebie and im confused on this trade please help me out.

As you can see in the picture, there is a pinbar formed on the lower trendline and there is a bullish confirmation candle. is it feasible to go long here ? this is first time ever im trading usinf longer time frames using price action..

Thnq
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