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EURUSD

  • #588,121
  • Jan 25, 2012 10:40am Jan 25, 2012 10:40am
the last few hours had 6.2% profit ... next ....
  • #588,122
  • Jan 25, 2012 10:42am Jan 25, 2012 10:42am
4 days needed to go long, eur/usd only need 1 day to return to 1,28xx
  • #588,123
  • Jan 25, 2012 10:44am Jan 25, 2012 10:44am
Quoting johnnyrei
short @1.3088 - sl @ 1.3120
moved my sl to 1.3102.
  • #588,124
  • Jan 25, 2012 10:45am Jan 25, 2012 10:45am
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 10:47am Jan 25, 2012 10:47am
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 10:48am Jan 25, 2012 10:48am
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 10:49am Jan 25, 2012 10:49am
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 10:50am Jan 25, 2012 10:50am
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 10:51am Jan 25, 2012 10:51am
Quoting johnnyrei
moved my sl to 1.3102.
closed it @ be.
  • #588,130
  • Jan 25, 2012 10:51am Jan 25, 2012 10:51am
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 10:52am Jan 25, 2012 10:52am
35990
  • #588,132
  • Jan 25, 2012 10:54am Jan 25, 2012 10:54am
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 10:54am Jan 25, 2012 10:54am
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 10:54am Jan 25, 2012 10:54am
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 10:55am Jan 25, 2012 10:55am
now I left fibonacci works, 4 me possible retrace until 1.3062, there we'll see
  • #588,136
  • Jan 25, 2012 10:56am Jan 25, 2012 10:56am
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 10:57am Jan 25, 2012 10:57am
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 11:01am Jan 25, 2012 11:01am
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 11:02am Jan 25, 2012 11:02am
Take a look at the drop just now !!!!
  • #588,140
  • Jan 25, 2012 11:05am Jan 25, 2012 11:05am
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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