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EURUSD

  • #588,121
  • Jan 25, 2012 12:40pm Jan 25, 2012 12:40pm
the last few hours had 6.2% profit ... next ....
  • #588,122
  • Jan 25, 2012 12:42pm Jan 25, 2012 12:42pm
4 days needed to go long, eur/usd only need 1 day to return to 1,28xx
  • #588,123
  • Jan 25, 2012 12:44pm Jan 25, 2012 12:44pm
Quoting johnnyrei
short @1.3088 - sl @ 1.3120
moved my sl to 1.3102.
  • #588,124
  • Jan 25, 2012 12:45pm Jan 25, 2012 12:45pm
Quoting Logik
4 days needed to go long, eur/usd only need 1 day to return to 1,28xx
thats how long i waited while my bad decisions left a couple of shorts wayy down a few days ago....refusing to give up...i knew this baby was gonna go back down....and it did...and while down...i took the ride back up ...and made some decent change...sometimes...luck plays a good card
  • #588,125
  • Jan 25, 2012 12:47pm Jan 25, 2012 12:47pm
move with wave and will never lose
i see ppl look for long when sell and short when it buy
retirement is rule
its time for sale now just to short term 70 or more
like last day all think that going fail down but
keeping up more its break the defiance
when price looking for area its must test the strong point its flow
look to last day chart
Attached Image (click to enlarge)
Click to Enlarge Name: 1-24-2012 7-39-09 PM.png Size: 60 KB
Attached Image
  • #588,126
  • Jan 25, 2012 12:48pm Jan 25, 2012 12:48pm
Best Place to add some buys
Between 1.3080 and 1.3060 with tight sl and tp

Buy when you see any sign of buy!!
15pips is enough for me
  • #588,127
  • Jan 25, 2012 12:49pm Jan 25, 2012 12:49pm
Quoting Mr.MaginCole
Not implying anything but hey....this came from delta stock 3 hours ago...they suggested there will be that small drop followed by a colossal spike!

hmmm.... seems to have been true
  • #588,128
  • Jan 25, 2012 12:50pm Jan 25, 2012 12:50pm
now you look for day chart you see next target with fibo 100 reach
its all get its goal
now the true is week
  • #588,129
  • Jan 25, 2012 12:51pm Jan 25, 2012 12:51pm
Quoting johnnyrei
moved my sl to 1.3102.
closed it @ be.
  • #588,130
  • Jan 25, 2012 12:51pm Jan 25, 2012 12:51pm
try to use round numbers as support and resistance i.e. EU 1.29, 1.2950. 1.30, 1.350 etc. once these are crossed and candle closees over them buy (but not close 20 pips over these numbers then wait for retrace at these round number). Opposite for Shorts. SL (emergency only) is 40 pips but I close when reverse happens.

I took long trade at 1.2950 today on H1 candle because it showed support and exited 1.2990 because I was not expecting EU to go any higher than London short candle of (4pm london time). I was short london session from 1.2990 till 1.2960 but then saw this nice long setup.

I trade from 5am (Toronto time) till 11am and target normally 30-40 pips.

Practice it first and hopefully you will get some of your pips back.
  • #588,131
  • Jan 25, 2012 12:52pm Jan 25, 2012 12:52pm
35990
  • #588,132
  • Jan 25, 2012 12:54pm Jan 25, 2012 12:54pm
Finally bull shows up. Taken nice profits on 1.31... If price stays around here and does not break 1.32, bearish down to 1.29 will be pretty likely. Load some limit shorts at 1.317,18 and 19 with sl at 1.325. P.s. I'm going for a little long term trade
  • #588,133
  • Jan 25, 2012 12:54pm Jan 25, 2012 12:54pm
Quoting Buitragojl
5 years teaching myself with countless articles websites and i still cant get this shit ........ happy for the ones who actually make a living at this... imma end up back laboring at my construction job the rest of my life...
High rise Core and Shell/Field Superintendent here in NYC.

Keep the faith. It's doable.


  • #588,134
  • Jan 25, 2012 12:54pm Jan 25, 2012 12:54pm
wtf happened had 26lots @ 1.2948 mini lots heh wtf wtf wat happened is it still headed up fuckin hell all ov a sudden
  • #588,135
  • Jan 25, 2012 12:55pm Jan 25, 2012 12:55pm
now I left fibonacci works, 4 me possible retrace until 1.3062, there we'll see
  • #588,136
  • Jan 25, 2012 12:56pm Jan 25, 2012 12:56pm
Quoting millelire
now I left fibonacci works, 4 me possible retrace until 1.3062, there we'll see
are you hedging the sell off and riding the wave up too?

or did you book it? and go short?
  • #588,137
  • Jan 25, 2012 12:57pm Jan 25, 2012 12:57pm
Quoting Buitragojl
5 years teaching myself with countless articles websites and i still cant get this shit ........ happy for the ones who actually make a living at this... imma end up back laboring at my construction job the rest of my life...
indicators fail..PA fail..fundamentals fail (might work for others) this market moves like it doesn't care beating my head to the wall to understand to predict but it all goes against me...my account is turning red....it isn't easy...its not a part time. i think i have to again get back to demo...and try once more..read more or just quit this hopeless shit.
  • #588,138
  • Jan 25, 2012 1:01pm Jan 25, 2012 1:01pm
Quoting ChuckNorris
indicators fail..PA fail..fundamentals fail (might work for others) this market moves like it doesn't care beating my head to the wall to understand to predict but it all goes against me...my account is turning red....it isn't easy...its not a part time. i think i have to again get back to demo...and try once more..read more or just quit this hopeless shit.
Just pay more attention to details...
http://www.forexlive.com/blog/2012/0...ad-of-the-fed/
  • #588,139
  • Jan 25, 2012 1:02pm Jan 25, 2012 1:02pm
Take a look at the drop just now !!!!
  • #588,140
  • Jan 25, 2012 1:05pm Jan 25, 2012 1:05pm
what's the reason for the hike? the FOMC report was as expected with no surprises. With out QE3 whats inflating the Bull?
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