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EURUSD

  • #597,761
  • Feb 21, 2012 7:09am Feb 21, 2012 7:09am
Quoting magicpips
large eur fixing at 1315 gmt expecting
Enlighten me. What do you mean by this statement?
  • #597,762
  • Feb 21, 2012 7:10am Feb 21, 2012 7:10am
Quoting myk
bro i respect ur opinion but i only trade resistance supports breakouts. n i like moving against trend where i see support or resistance

i shorted it before @3275 took profit @ 3227 now i have pips in bag to play like this
I respect your opinion too, but remember, first goal = GET PIPS, second goal = KEEP PIPS
New voice message: Why are you calling me? If I need you, I'll call you!
  • #597,763
  • Feb 21, 2012 7:12am Feb 21, 2012 7:12am
Quoting myk
bro i respect ur opinion but i only trade resistance supports breakouts. n i like moving against trend where i see support or resistance
Yeah...
Trading larger positions for a short period of time to grab 40-50 pips profit makes sense for me, but definitely is more risky than swing or trend trading.
But it's more fun for sure, you can have 10-20 trades a day!!!
However your today's target makes your trade verrrryyy risky.
Good luck anyway...
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  • #597,764
  • Feb 21, 2012 7:13am Feb 21, 2012 7:13am
Quoting Marlin Man
Enlighten me. What do you mean by this statement?
it's picked up from news feed ,means there might be a fixing on eur .these news must be followed although theser are only market talk
  • #597,765
  • Feb 21, 2012 7:14am Feb 21, 2012 7:14am
Quoting myk
I hope not but even if i am a 7 pip risk for 83 pip reward is not bad for me lol.
with all due respect, its a mistake to enter based on m5 and target h1 level. the entry should be consistent with the target. i see people in this thread repeat it over and over again. good trades gone to the loo, because of targets based on "hoping". take your 20 ticks and be happy.
  • #597,766
  • Feb 21, 2012 7:17am Feb 21, 2012 7:17am
Quoting halkins
Yeah...
Trading larger positions for a short period of time to grab 40-50 pips profit makes sense for me, but definitely is more risky than swing or trend trading.
But it's more fun for sure, you can have 10-20 trades a day!!!
However your today's target makes your trade verrrryyy risky.
Good luck anyway...
I know this target is a bit crazy n out of blue right now but i just have something telling me we will see ~33 area in Newyork today , we saw in asia retraced saw in Europe retraced now for a final retraction i think we will push there first
MMMYYYKKK
  • #597,767
  • Feb 21, 2012 7:20am Feb 21, 2012 7:20am
Quoting cammomile
with all due respect, its a mistake to enter based on m5 and target h1 level. the entry should be consistent with the target. i see people in this thread repeat it over and over again. good trades gone to the loo, because of targets based on "hoping". take your 20 ticks and be happy.
Thanks my entry was on H1 not on 5 mins u see 5 min doesnt give us a 3175 stoploss . It wasnt on any trend-line .it was more on horizontal support.

thanks for all ur advice though
MMMYYYKKK
  • #597,768
  • Feb 21, 2012 7:21am Feb 21, 2012 7:21am
Quoting magicpips
it's picked up from news feed ,means there might be a fixing on eur .these news must be followed although theser are only market talk
Thanks
  • #597,769
  • Feb 21, 2012 7:24am Feb 21, 2012 7:24am
Quoting myk
I know this target is a bit crazy n out of blue right now but i just have something telling me we will see ~33 area in Newyork today , we saw in asia retraced saw in Europe retraced now for a final retraction i think we will push there first
Hmmm...
You are against a "big running train" which can be clearly visible on 4H, 8H or 1D charts...
I can see some pullback possible but your target is much above 76.40fibo of last move, and the market needs to get a really heavy impulse from somewhere to kick this price so high...
We don't have any important news today so I think you'll miss your target.
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  • #597,770
  • Feb 21, 2012 7:26am Feb 21, 2012 7:26am
In the past London was good for some pips, Now they have become the losers. US and Asia have more violent and good swings. what a bunch of pussy's over there in London.
  • #597,771
  • Feb 21, 2012 7:27am Feb 21, 2012 7:27am
Quoting myk
I know this target is a bit crazy n out of blue right now but i just have something telling me we will see ~33 area in Newyork today , we saw in asia retraced saw in Europe retraced now for a final retraction i think we will push there first
two good think in your trade plan.
1. you have tight sl
2. you have stick with your plane (even after lot of negative feedback)

i wish you to get you tp , i have pending sell near your tp
Mohan
  • #597,772
  • Feb 21, 2012 7:28am Feb 21, 2012 7:28am
Quoting hutrader
In the past London was good for some pips, Now they have become the losers. US and Asia have more violent and good swings. what a bunch of pussy's over there in London.
Dont talk about us like that
If you think you can or cannot do it you are correct
  • #597,773
  • Feb 21, 2012 7:31am Feb 21, 2012 7:31am
Quoting halkins
Hmmm...
You are against a "big running train" which can be clearly visible on 4H, 8H or 1D charts...
I can see some pullback possible but your target is much above 76.40fibo of last move, and the market needs to get a really heavy impulse from somewhere to kick this price so high...
We don't have any important news today so I think you'll miss your target.

Market obviously tries to close above yesterday NY close at 1.32367 before today's NY open.

It will likely go through from 15/20 to 30/35 in one 5min candle.

But i do not know if it's unscheduled news event etc giving trigger or open. All i see some sucker searching weak spot continuously with deliberate tick volume in price space.
They think they are smarter than I am.
  • #597,774
  • Feb 21, 2012 7:32am Feb 21, 2012 7:32am
Quoting mohan76
two good think in your trade plan.
1. you have tight sl
2. you have stick with your plane (even after lot of negative feedback)

i wish you to get you tp , i have pending sell near your tp
thanks alot
lol it was just a casual trade till now but it has turned something serious lol . i hope ur sell target is achieved today before my sl lol
MMMYYYKKK
  • #597,775
  • Feb 21, 2012 7:33am Feb 21, 2012 7:33am
Quoting hutrader
In the past London was good for some pips, Now they have become the losers. US and Asia have more violent and good swings. what a bunch of pussy's over there in London.

LMAO.
Since London open we've gone up 40 pips and down 90 pips,
how much more do you want?
You can remain irrational longer than you can remain solvent.
  • #597,776
  • Feb 21, 2012 7:35am Feb 21, 2012 7:35am
Quoting hutrader
In the past London was good for some pips, Now they have become the losers. US and Asia have more violent and good swings. what a bunch of pussy's over there in London.
yeah but at least we can print money to oblivion, unlike the eurolosers
  • #597,777
  • Feb 21, 2012 7:36am Feb 21, 2012 7:36am
Quoting hutrader
In the past London was good for some pips, Now they have become the losers. US and Asia have more violent and good swings. what a bunch of pussy's over there in London.
Maybe they aren't gambling the world's economy away like the big cat's did over in the big US of A
  • #597,778
  • Feb 21, 2012 7:39am Feb 21, 2012 7:39am
Quoting Olu
Dont talk about us like that
Plenty of pussy here
  • #597,779
  • Feb 21, 2012 7:43am Feb 21, 2012 7:43am
Quoting marbellafx
Plenty of pussy here
Plenty of gangsters there to,
i got an old drug dealing mate in hiding around your parts.
You can remain irrational longer than you can remain solvent.
  • #597,780
  • Feb 21, 2012 7:47am Feb 21, 2012 7:47am
Anyway in a long term I'll be looking for good PA SELL setup on or around 1,32500-1,32600, with SL above 1.33000
Now waiting for a pullback

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