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  • #3,561
  • Feb 2, 2012 3:34am Feb 2, 2012 3:34am
If you are thinking why price is stalling now, nothing to anxious about.
it is 1.3130 the weekly pivot and this has been the swing point the last 3 days.

Some sellers will get out at this level, so price backs up a little. But if buyers jumps in now...then bad luck!

Thats why you must protected your entry already.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,562
  • Feb 2, 2012 3:43am Feb 2, 2012 3:43am
Quoting xxxxLearner
Hi all,

Been lurking here for a while.

Interested to learn your method X Man.....

This will be my last stint I think....over two years I have been trying to trade now......and I am no further than when i started.....anyway enough whinging....lol

May be this will be my luckly last......

Or maybe I am just stupid...lol
Dont worry you will get there.
But at the same time also remember that if it dont work out the trading is not for everyone.
Its like the same thing as saying not everyone is meant to be a doctor , lawyer , sportmen etc.
No one is stupid because your talent may be with something else.
X-man the legendary conqueror of markets
  • #3,563
  • Feb 2, 2012 3:59am Feb 2, 2012 3:59am
Thanks X-Man for the encouragement.

Trading is path I really want to travel, but just hasnt happened as yet...

I will keep trying for a little longer...
  • #3,564
  • Feb 2, 2012 4:00am Feb 2, 2012 4:00am
Quoting X-Man
Whats 1.3123 LOW? i dont understand
I mean, would not now be the lowest statistic is 1.3123 and when this also in the position of 1.3121. That's it.
  • #3,565
  • Feb 2, 2012 4:04am Feb 2, 2012 4:04am
Quoting emmanuel7788
well, it is looking good now. TP target 1.3060 region.
Market is on wide consolidation, seen better on H4.

Today price started from above the MBL(yellow line) so I see enough room for it to go down below the MBL considering the wide consolidation. H4 TDI cross yet top be confirm and if price breaks out of PAC on H4 wuld be good signal/confirmation.

Thus, it seems. But I am not afraid to take risks again and now just take because I sell 1.3115 TP at 1.3165. Wait after 1.3115 is reached and will continue trading on the NY session as well.
  • #3,566
  • Feb 2, 2012 4:05am Feb 2, 2012 4:05am
Quoting AmaNZ
I mean, would not now be the lowest statistic is 1.3123 and when this also in the position of 1.3121. That's it.
That's much clearer.
All you touch and all you see, is all your life will ever be.
  • #3,567
  • Feb 2, 2012 4:14am Feb 2, 2012 4:14am
Does anyone find it usefull to watch the same E/U graph on a normal OHLC candle aswell as the synergy bar?
As im looking at them both, the synergy bar does not look to me like a strong pullback, however the same OHLC Candle does look like a strong pullback.
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  • #3,568
  • Feb 2, 2012 4:18am Feb 2, 2012 4:18am
Quoting robthorp
Does anyone find it usefull to watch the same E/U graph on a normal OHLC candle aswell as the synergy bar?
As im looking at them both, the synergy bar does not look to me like a strong pullback, however the same OHLC Candle does look like a strong pullback.
Yep, that`s because the candlestick chart is showing true price action.
Seek not to change the world; seek only to change your mind about the world
  • #3,569
  • Feb 2, 2012 4:28am Feb 2, 2012 4:28am
Quoting Loftboy
That's much clearer.
Thank you Loftboy, I was having a moody day till I read this...LOL
Memories caught in time but never forgotten
  • #3,570
  • Feb 2, 2012 4:29am Feb 2, 2012 4:29am
Was watching the 15 min chart for reentry, saw the pullback candle but didnt pull the trigger because TDI is low.

Maybe in such a case it would be better to consider the 1H TDI and not 15 min.
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Thoughts are things
  • #3,571
  • Feb 2, 2012 4:37am Feb 2, 2012 4:37am
lucky u did not pull the trigger, eur rose 60 pips suddenly
  • #3,572
  • Feb 2, 2012 4:38am Feb 2, 2012 4:38am
anyone else stopped out?

my broker closed my trade 20 pips above SL

gary
  • #3,573
  • Feb 2, 2012 4:40am Feb 2, 2012 4:40am
Now that guys was an aggressive bull.
It hit my SL @ BE so quick didnt have chance to do anything.
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X-man the legendary conqueror of markets
  • #3,574
  • Feb 2, 2012 4:41am Feb 2, 2012 4:41am
Yep, that was one bad bull. :-(

So I shorted it at around 1.3185
  • #3,575
  • Feb 2, 2012 4:42am Feb 2, 2012 4:42am
Quoting gms
anyone else stopped out?

my broker closed my trade 20 pips above SL

gary
Are they allowed to do such a thing?
So you did set you SL but they still closed it 20 pips above that?
X-man the legendary conqueror of markets
  • #3,576
  • Feb 2, 2012 4:45am Feb 2, 2012 4:45am
Quoting X-Man
Are they allowed to do such a thing?
So you did set you SL but they still closed it 20 pips above that?

yeah they can do that. If the move is so quick the SL is at best price available.
  • #3,577
  • Feb 2, 2012 4:48am Feb 2, 2012 4:48am
Quoting X-Man
Are they allowed to do such a thing?
So you did set you SL but they still closed it 20 pips above that?

You'd have to read their fine print, but mostly the stop is not guaranteed. Especially if the price is moving fast they might not be able to fill at your price. Also they probably widened the spread when that spike hit.
  • #3,578
  • Feb 2, 2012 4:48am Feb 2, 2012 4:48am
Quoting gms
anyone else stopped out?
luckily I closed half with +25 and the rest with +3 SL.

Now Im short again.
Thoughts are things
  • #3,579
  • Feb 2, 2012 4:53am Feb 2, 2012 4:53am
Quoting X-Man
Are they allowed to do such a thing?
So you did set you SL but they still closed it 20 pips above that?
Don't know, if they are allowed, but they did. My SL was -30, got out with -50.

Maybe I should trade without SL like Big E. I would still be in that trade, and with this huge pullback it will probably go south now ....
  • #3,580
  • Feb 2, 2012 5:02am Feb 2, 2012 5:02am
WOW!
120 traders viewing S3 thread right now!
That's very high number of traders viewing S3 thread now...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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