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  • #596,901
  • Feb 18, 2012 9:20pm Feb 18, 2012 9:20pm
Quoting KillerWhale
I like your ideas but like last week, I think your stoploss is at a questionable place. And last week it was taken if you didn't move it.
Your sl will be right 4 pips under a daily high. (1.3283)
Yes my SL @ 1.3269 was taken last week - I liked the price action after the top formation and re-entered a new short @ 1.3264.

But my issue is not really my SL placement as I put it far enough from entry - the real issue I am still working on is selecting the ideal entry zone because many times the entry zone I selected price moves to the next one. I guess thats what makes my style difficult because I can't stand to watch the screen all day.

Any ideas in selecting better entry zones in relation to 1H swings I am all ears!

Only thing I can think of is putting the SL further and scale in - I will be doing this soon.
  • #596,902
  • Feb 18, 2012 11:48pm Feb 18, 2012 11:48pm
Quoting betteridea
Yes my SL @ 1.3269 was taken last week - I liked the price action after the top formation and re-entered a new short @ 1.3264.

But my issue is not really my SL placement as I put it far enough from entry - the real issue I am still working on is selecting the ideal entry zone because many times the entry zone I selected price moves to the next one. I guess thats what makes my style difficult because I can't stand to watch the screen all day.

Any ideas in selecting better entry zones in relation to 1H swings I am all ears!

Only thing...
The way I would play it if I could not watch screens all day is 3 shorts, 1 @ maybe 1.3215 with tight sl like 1.3240 and a short 1.3270 with sl @ 1.3290, then a last one 1.3318 sl 1.3350 and all with the same target 1.2980.
You never know how high Greece stuff will bring us (low volume, USA bank holiday) but my idea is that after that we could see a lower low.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,903
  • Feb 18, 2012 11:51pm Feb 18, 2012 11:51pm
Quoting KillerWhale
The way I would play it if I could not watch screens all day is 3 shorts, 1 @ maybe 1.3215 with tight sl like 1.3240 and a short 1.3270 with sl @ 1.3290, then a last one 1.3318 sl 1.3350 and all with the same target 1.2980.
You never know how high Greece stuff will bring us but my idea is that after that we could see a lower low.
if 3060 is taken out id look at 3013 if thats taken then 2913 and 2830 on bull side after 3230 it can run to 3400. I dont ser 2980 as a turning point myself
  • #596,904
  • Feb 19, 2012 12:00am Feb 19, 2012 12:00am
News: Germany drawing up plans for Greece to leave the euro

Sounds bad!
  • #596,905
  • Feb 19, 2012 12:21am Feb 19, 2012 12:21am
Hello guys,

In order for the euro to gain more strength, it needs to break resistance at 1.3321, after breaking that resistance, upon correction it will be ideal to go long again around 1.3250 that will be supporting line.
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  • #596,906
  • Feb 19, 2012 12:47am Feb 19, 2012 12:47am
Quoting mercy seat
TABLE with a brief survey for the EUR/USD pair ...

At this point of time without any comments ... STRENG NEUTRAL ...

But most important things ... Elliott for direction ... immediate range bandwith and projections from most significant turning points etcetera ... they are shown already ...

2012-02-17_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-07 va 1

And thus you have got the chance to take your own stance at first ...

Although a...
Same TABLE with a little shift of view to the right side ...

Monthly pivots ...

2012-02-17_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-07 va 2

That shows the fact ... as member Motion did notice ... that we have visited the MONTHLY CENTRAL PIVOT ZONE on Thursday ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #596,907
  • Feb 19, 2012 12:59am Feb 19, 2012 12:59am
hi . need some advice. is there any web site which can receive live news. always left out when any important news coming out.m look like cnbc, ino.com n etc is late in updating major news. please advice
  • #596,908
  • Feb 19, 2012 1:26am Feb 19, 2012 1:26am
Quoting motoro
News: Germany drawing up plans for Greece to leave the euro

Sounds bad!
I'm not nice, but bad is good
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,909
  • Feb 19, 2012 1:35am Feb 19, 2012 1:35am
Quoting seanpark
brain storming.......as public view.
Nice work as well ...

Unfortunately with a charting system with insufficient graph size and graph quality resolution ...

Numbers in legends are not easy to read ...

Possibly due to that mass production software solution that your provider is offering there ... standard java software with not very cosy settings ...

But nevertheless your work is somehow meriterous ...

Sadly uncomfortable to read ...

How about using netdania for such purposes?

http://www.netdania.com/Products/liv...etStation.aspx

Some institutions even allow to connect it with their real datastream ... in order you can react on those ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #596,910
  • Feb 19, 2012 2:33am Feb 19, 2012 2:33am
Quoting HermanGoring
Any news from Greece on the default issue?
They're all drunk now
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,911
  • Feb 19, 2012 3:28am Feb 19, 2012 3:28am
Quoting HermanGoring
Where did you hear this news?

http://www.telegraph.co.uk/finance/f...-the-euro.html
  • #596,912
  • Feb 19, 2012 3:50am Feb 19, 2012 3:50am
Quoting HermanGoring
Where did you hear this news?

It's here bro http://www.forexfactory.com/news.php?do=news&id=343121
  • #596,913
  • Feb 19, 2012 4:15am Feb 19, 2012 4:15am
Dear All,

I am wondering how would EUR/USD and GPD/USD react to this news on open? Can we see a sudden and quick drop?


I am short GPD/USD actually
  • #596,914
  • Feb 19, 2012 4:39am Feb 19, 2012 4:39am
Quoting HermanGoring
Europe will be fried pretty soon: http://www.presstv.ir/detail/227417.html

We've scrapped more modern boats than that !
  • #596,915
  • Feb 19, 2012 4:43am Feb 19, 2012 4:43am
Was watching TV today ............. Whitney Houston, one of the greatest singers all-time. Tragic!
A powerhouse of voice

Inserted Video


RIP
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,916
  • Feb 19, 2012 5:26am Feb 19, 2012 5:26am
Quoting KillerWhale
They're all drunk now
)))))
  • #596,917
  • Feb 19, 2012 5:52am Feb 19, 2012 5:52am
Greece is doomed, with or without bailout!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,918
  • Feb 19, 2012 5:57am Feb 19, 2012 5:57am
Quoting KillerWhale
Greece is doomed, with or without bailout!
Welcome!
Best Regards!
  • #596,919
  • Feb 19, 2012 5:59am Feb 19, 2012 5:59am
Quoting KillerWhale
Greece is doomed, with or without bailout!
No One really believes that Greece can implement all the stuff that they are enforced to do. And they won't.
The people of Greece would go crazy like hell, and I can't blame them.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #596,920
  • Feb 19, 2012 6:05am Feb 19, 2012 6:05am
Quoting KillerWhale
No One really believes that Greece can implement all the stuff that they are enforced to do. And they won't.
The people of Greece would go crazy like hell, and I can't blame them.
They can't be blamed, but they can't also be included in the EU with that economics...
Best Regards!
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