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  • #11,181
  • Feb 14, 2012 6:07am Feb 14, 2012 6:07am
Quoting T@rantula
i couldnt have resisted 22 pips sl, if it goes thru 3120 3080 3060 is the next. If not i will be only -9 for the day, so risk on.
long from 1.3149... TP: 1.3252.. should possibly hit 1.3263
  • #11,182
  • Feb 14, 2012 6:14am Feb 14, 2012 6:14am
Quoting egkid
e 3150
s 31
tp1 3250
interesting

1.3136 was hit last night... So breaking 1.3122 will take us down to 1.3087 - i am hoping we may well have seen the bottom but not ruling out further down move... may range the rest of the week
  • #11,183
  • Feb 14, 2012 6:37am Feb 14, 2012 6:37am
my previous long was S/O at BE + 1
Reloaded L @ 1.315 (this time), possible DB on multiple Tfs.
SL: BE now
Target 1.325 for a start

Quoting egkid
e 3150
s 31
tp1 3250
  • #11,184
  • Feb 14, 2012 6:42am Feb 14, 2012 6:42am
I'll rather stay flat in this mess, doesn't look like we'll get any certainty tonight.
GL everyone.
Don't get mad, get even!
  • #11,185
  • Feb 14, 2012 6:48am Feb 14, 2012 6:48am
Quoting T@rantula
E:3150
s:3172
tp:3060

Counter trend vs intraday.
Accepting the loss. That is -22 on that particular trade -10 for this day.
No revenge trades. That is the point of success. 25 more pips can be risked maximum.

ALways stick to your MM.

The reasons for the trade were:

1. Price has made triple rejection/double top off 3215. 3237 hasnt been reached ( see the table)
2. Price has 100 % retraced from the 3050 swing/median ( very uncommon if that isnt reversal)
3.ATR was 80 % full
4.Intraweek downtrend ( started at 3320)
5. R:R by level table was awesome

Attached Image (click to enlarge)
Click to Enlarge Name: equity curve.jpg Size: 40 KB


Always go with MM.

EU mid day analysis:

I will be convinced in longs ONLY if daily close is above 3255 preferably 3260. The price is still bound to a possible drop later in the day.
  • #11,186
  • Feb 14, 2012 6:51am Feb 14, 2012 6:51am
Quoting BrunargarFx
my previous long was S/O at BE + 1
Reloaded L @ 1.315 (this time), possible DB on multiple Tfs.
SL: BE now
Target 1.325 for a start
could be zig zag range for a while... sell top, buy bottom... below 1.3122 give 1.3087.. above 1.3263 give 1.3293 then 1.3302...

below 1.3087 is bear favour... bull favour 1.3293
  • #11,187
  • Feb 14, 2012 6:59am Feb 14, 2012 6:59am
CAnt help myself lol. Scalping the short side.

Perfect river setup, for those who trade 1m river.

Attached Image (click to enlarge)
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  • #11,188
  • Feb 14, 2012 7:04am Feb 14, 2012 7:04am
Quoting T@rantula
CAnt help myself lol. Scalping the short side.

Perfect river setup, for those who trade 1m river.

Attachment
Closing it now 3153 ! 90 % closed for + 17 turning it into intraday again!

Attached Image (click to enlarge)
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  • #11,189
  • Feb 14, 2012 7:16am Feb 14, 2012 7:16am
Watch 3180. Its resistance now. S/R switch gives us range bound market.
  • #11,190
  • Feb 14, 2012 7:53am Feb 14, 2012 7:53am
Descending triangle.

Shorts still in play. 10 % remaining turned to intraday ( post above), per MM.

Break of lower TL ( flat ) will give more strength to bears.



Attached Image (click to enlarge)
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  • #11,191
  • Feb 14, 2012 7:55am Feb 14, 2012 7:55am
Quoting T@rantula
Descending triangle.

Shorts still in play. 10 % remaining turned to intraday ( post above), per MM.

Break of lower TL ( flat ) will give more strength to bears.



Attachment
yes closed -5.. not trading but seeing first target 1.3097 on downside...
  • #11,192
  • Feb 14, 2012 7:59am Feb 14, 2012 7:59am
Eu @ 1.3130. closed 5 % more


Guys... I told u....well, sometimes we need to have opposite opinion.


Dont be mad at me. It was short all the time that I saw.
  • #11,193
  • Feb 14, 2012 8:02am Feb 14, 2012 8:02am
Quoting jaylovin
yes closed -5.. not trading but seeing first target 1.3097 on downside...
I felt like i was the only one who shorted this actually. Like i was alone fighting vs market.
  • #11,194
  • Feb 14, 2012 8:04am Feb 14, 2012 8:04am
I am long small on gbpusd now @ 1.5668

not the best setup but small wont be big risk.

targeting first 60 pips ultimate and final 160 pips

close also part from the remaining EUR 180 pips + and letting rest for final target around 1.3000
I SEE YOU !!
  • #11,195
  • Feb 14, 2012 8:06am Feb 14, 2012 8:06am
Quoting dbfusion
I am long small on gbpusd now @ 1.5668

not the best setup but small wont be big risk.

targeting first 60 pips ultimate and final 160 pips

close also part from the remaining EUR 180 pips + and letting rest for final target around 1.3000
Yes I remember u shorted 3310 something like that. Well done on that 1. 3130 is important level.

Next levels are per table level count. If bears fail to defend this 3080 in sight.
  • #11,196
  • Feb 14, 2012 8:08am Feb 14, 2012 8:08am
3125 touched, retrace in progress.
  • #11,197
  • Feb 14, 2012 8:13am Feb 14, 2012 8:13am
huh sucks. now the profit is locked.
bad idea to go long there lol. i keep getting hte necessary urge to hedge profit for some reason .. ..
and no i did not buy the high . i was expecting a rise from the retest of the 61.8 extension

lets see if i can get the buy out in BE ..

total p/l lock is 79 pips. close both? no i cant. the initial is a swing trade i plan to hold. (the short).

any ideas?


btw i slept just now so.. yeah
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #11,198
  • Feb 14, 2012 8:16am Feb 14, 2012 8:16am
Quoting bumapatria
huh sucks. now the profit is locked.
bad idea to go long there lol. i keep getting hte necessary urge to hedge profit for some reason .. ..

lets see if i can get the buy out in BE ..

total p/l lock is 79 pips. close both? no i cant. the initial is a swing trade i plan to hold. (the short).

any ideas?
My last scaling out was @ 3130. I would go more with shorts....3080..But i dont hedge anymore, SL does better for me.
  • #11,199
  • Feb 14, 2012 8:17am Feb 14, 2012 8:17am
Quoting T@rantula
I felt like i was the only one who shorted this actually. Like i was alone fighting vs market.
you weren't alone - you had the market makers on your side

as long as you are winning - thats the important thing...

These days i really see the market from another perspective, in my early days i'd either keep shorting this - getting stopped out mulitple times this morning...

now i see this as neutral but favouring downside short term... i have to say being able to see the markets from this angle, i can improve on MM and greed even more.. like for instance i believe this is heading for 1.3105 before bounce... but i won't trade it... not a suitable set up
  • #11,200
  • Feb 14, 2012 8:22am Feb 14, 2012 8:22am
Quoting jaylovin
you weren't alone - you had the market makers on your side

as long as you are winning - thats the important thing...

These days i really see the market from another perspective, in my early days i'd either keep shorting this - getting stopped out mulitple times this morning...

now i see this as neutral but favouring downside short term... i have to say being able to see the markets from this angle, i can improve on MM and greed even more.. like for instance i believe this is heading for 1.3105 before bounce... but i won't trade it......
Look out below. Direction changed cause of 1.3136. Read the rules. I wanted to say this earlier that this is a bs rally.Outside so won't reply.
Markets are not Random, they are designed!
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