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  • #11,741
  • Feb 23, 2012 12:14pm Feb 23, 2012 12:14pm
Quoting dbfusion
http://www.youtube.com/watch?v=CmyUkm2qlhA
That's what i call Patience Rewards

It looks like we got same entry but i wasn't patience this time.
But no worry promise next time will absorb all the next Wave
  • #11,742
  • Feb 23, 2012 12:40pm Feb 23, 2012 12:40pm
Hi guys,
Was travelling for work today so did not get a chance to look at what happened during the day. Got 2 positions triggered at 1.326 late yesterday, when I checked this morning it had already gone up to 1.328 and 1.327 was offering some kind of support so I played it safe by moving SL to BE and target to 1.332. This served me well, 120 pips banked @ 9am...

I'm flat now - too late to enter any new position.

Hope you all had a good day.
  • #11,743
  • Feb 23, 2012 12:44pm Feb 23, 2012 12:44pm
Quoting T@rantula
Are u in profit? Ur ok then. I could have got more but well, going short ( counter trend now ) is vs overall daily trend.

There are 3 things a trader can do in these situations.

Scale out put a SL at BE, or scale out and leave SL intact or going for a full TP after putting the trade at BE after +20,30 pips.
Already forgotten, smal capital is secured by my friend SL, so no worries. Tomorrow is a new day, new challenges, and one day ..... i will succeed, it has to.... I wil remember your advice.

Once again, many thanks
  • #11,744
  • Feb 23, 2012 12:45pm Feb 23, 2012 12:45pm
I don't trade gold but i watch it.
1800 very nice point in my eyes here it's how i see it and next Target 1280- 1240
Remember i could b wrong but i thought to share my Own chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 13 KB
  • #11,745
  • Feb 23, 2012 12:47pm Feb 23, 2012 12:47pm
Quoting BrunargarFx
Hi guys,
Was travelling for work today so did not get a chance to look at what happened during the day. Got 2 positions triggered at 1.326 late yesterday, when I checked this morning it had already gone up to 1.328 and 1.327 was offering some kind of support so I played it safe by moving SL to BE and target to 1.332. This served me well, 120 pips banked @ 9am...

I'm flat now - too late to enter any new position.

Hope you all had a good day.
So normally you trade during your dayjob ? If so great job that is
  • #11,746
  • Feb 23, 2012 12:57pm Feb 23, 2012 12:57pm
Quoting dbfusion
http://www.youtube.com/watch?v=CmyUkm2qlhA
how do you do that ?
  • #11,747
  • Feb 23, 2012 1:37pm Feb 23, 2012 1:37pm
I mainly work for myself (that's handy for multi tasking) but the day I do not, I can't be behind the computer trading. Just had longs triggered yesterday and SL were not hit overnight. Thought I might leave them running as PA was going my preferred direction up.



Haven't achieved financial freedom yet but working hard on it



Quoting huskyboy
So normally you trade during your dayjob ? If so great job that is
  • #11,748
  • Feb 23, 2012 2:18pm Feb 23, 2012 2:18pm
Quoting egkid
NO Rush
Let PA time Take it's time to UP.
Next Ranging zone till Asia 1.33 - 1.3360
Again Watch 1.3420 Yearly PVT Carefully.

I could b wrong but this how i see it.
3360 Here we go
Go Honey Go sweet Hear show me your best
  • #11,749
  • Feb 23, 2012 2:31pm Feb 23, 2012 2:31pm
well done,
3416 is also my watch out Res

Quoting egkid
3360 Here we go
Go Honey Go sweet Hear show me your best
  • #11,750
  • Feb 23, 2012 5:50pm Feb 23, 2012 5:50pm
Dear all ,

A very quick chart on euro at present.

Regards

BW
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 25 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #11,751
  • Feb 23, 2012 6:34pm Feb 23, 2012 6:34pm
Quoting T@rantula
Ok based on what I see, i am shorting this.

E:3308
S:3330
TP:3250
TP2:3180

Taking the trade with only 22 pips stop.
This was -22 pips trade

Quoting T@rantula
If daily closes above 3320, no shorts for me except some small pullback scalps.
Going for 3450.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 80 KB
  • #11,752
  • Feb 23, 2012 7:45pm Feb 23, 2012 7:45pm
Quoting T@rantula
This was -22 pips trade



Going for 3450.

Attachment
First time c u@Asia
  • #11,753
  • Feb 23, 2012 8:09pm Feb 23, 2012 8:09pm
i thought i might post this. entry seems right for a EJ short.

supply zone evident and rising wedge on 4h...
approaching some important pivots such as a monthly resistance and weekly resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: monthly r3 and weekly r1.gif Size: 24 KB

i would go for shorts on EJ perhaps eu has similar outlook?
that is the PA analysis

and the cycle analysis is on this chart. resistance at 107.37 and seems the time to prepare for a downswing or position oneself for a short.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy_daily.png Size: 70 KB

Regards
buma

(always use a stop loss and have reasonable risk management )


LOL db nice one ...
hes swimming in $$$.. hehe my turn to "swim" (in profit not loss lol )
hope for the best, prepare for the worst (stop loss to the rescue!)
Have I got something on my face, SOLDIER?
  • #11,754
  • Feb 24, 2012 1:17am Feb 24, 2012 1:17am
Morning all
Today will b fun , Cafe Time
  • #11,755
  • Feb 24, 2012 1:19am Feb 24, 2012 1:19am
Looks like the LTL of the last upmove is acting as resistance to the pip in my chart).
I have 1.3416 as strong resistance, 3450 next. not planning to trade today
  • #11,756
  • Feb 24, 2012 2:00am Feb 24, 2012 2:00am
Quoting egkid
First time c u@Asia
Good morning EG, and guys.

Yes I was so confident in this trade so i have opened it at the clear break of 3343

Ofcourse scaling out as appropriate, and stops at BE already. However due to a nature of my trading style ( i dont do carry overs) it was 1/3 normal position.

This makes 3345 today intraday support. Targets to the upside 3380, 3405, 3420, 3460 ultimate. However I have 3405 as the London top. Since its Friday it could be more volatile the usual.
Attached Image (click to enlarge)
Click to Enlarge Name: e1.gif Size: 13 KB
  • #11,757
  • Feb 24, 2012 2:03am Feb 24, 2012 2:03am
It is time we break this channel to the upside.
  • #11,758
  • Feb 24, 2012 2:06am Feb 24, 2012 2:06am
Now here is what we have on higher TFs.

3345 is intraday support. Major bull support for move up has become 3280. EU should target 3450-60 where if it breaks, it will turn to support with 3520 as a target.

Bears can hope for 3280 first.
  • #11,759
  • Feb 24, 2012 2:16am Feb 24, 2012 2:16am
Quoting BlackWid0w
Back in early 2006/2007
I used to be a yen trader
I have something very important to share with you this is very simple but we could have a massive move coming into play now that I have confirmation after several months..

My charts is simple and self explanatory...

Regards
BW
who is following ? 80.28 got broken yesterday
  • #11,760
  • Feb 24, 2012 2:17am Feb 24, 2012 2:17am
Quoting T@rantula
It is time we break this channel to the upside.
Still hard to break, since this move basically continued at 3345, we need 3385 to break for further continuation.

They should break it soon, or there comes the retracement.
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