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EURUSD

  • #599,041
  • Feb 23, 2012 10:48am Feb 23, 2012 10:48am
Quoting halkins
PRICE retesting previous highs!!!
Do we have now "to be or not to be" saying to any upside future movements...
I think this level will be hold, and if PA gets below 1.32900 I will consider this as we're going down...
We'll see within next hour or two, but it looks like a nice shorting area with SL little above S/R line.
This makes it pretty risk-reward ratio trade available.
Even if it goes against, any loss won't be any harmfull...
What do you think guys?

Attachment
  • #599,042
  • Feb 23, 2012 10:49am Feb 23, 2012 10:49am
when ever there is stop huntin price fell sharply!

ppl are getting caught in shorts the more the ppl short the more price rises u will see i dont understands traders are watching price going higher n higher but no one is gettin long every body is waiting for pull backs in retraements their are not PULL BACKS!!!!!!
  • #599,043
  • Feb 23, 2012 10:50am Feb 23, 2012 10:50am
Quoting halkins
PRICE retesting previous highs!!!
Do we have now "to be or not to be" saying to any upside future movements...
I think this level will be hold, and if PA gets below 1.32900 I will consider this as we're going down...
We'll see within next hour or two, but it looks like a nice shorting area with SL little above S/R line.
This makes it pretty risk-reward ratio trade available.
Even if it goes against, any loss won't be any harmfull...
What do you think guys?

Attachment
Totally agree, well spoken !
I just shorted @ 1.3330 with SL 1.3350, thinking about TP 1.3275
  • #599,044
  • Feb 23, 2012 10:50am Feb 23, 2012 10:50am
Quoting Killy
bought eur 1.31 target 1.385 stop 1.26

... how many intraday ppl were killed during this period?)
  • #599,045
  • Feb 23, 2012 10:50am Feb 23, 2012 10:50am
Looking out for the Dow to start selling down heavily...I hope and believe.

Quite a bit overextended and 13000 certainly presents a nice psych barrier.

EUR should follow going into the afternoon.

2 CFD against the Dow now!

Wooooohooo!
  • #599,046
  • Feb 23, 2012 10:51am Feb 23, 2012 10:51am
[quote=halkins;5413824]PRICE retesting previous highs!!!
Do we have now "to be or not to be" saying to any upside future movements...
I think this level will be hold, and if PA gets below 1.32900 I will consider this as we're going down...
We'll see within next hour or two, but it looks like a nice shorting area with SL little above S/R line.
This makes it pretty risk-reward ratio trade available.
Even if it goes against, any loss won't be any harmfull...
What do you think guys?

now i can sleep happy
  • #599,047
  • Feb 23, 2012 10:52am Feb 23, 2012 10:52am
Quoting halkins
PRICE retesting previous highs!!!
Do we have now "to be or not to be" saying to any upside future movements...
I think this level will be hold, and if PA gets below 1.32900 I will consider this as we're going down...
We'll see within next hour or two, but it looks like a nice shorting area with SL little above S/R line.
This makes it pretty risk-reward ratio trade available.
Even if it goes against, any loss won't be any harmfull...
What do you think guys?

Attachment
i think u tell ppl to try to get long @ 3290 or 3280 level with tight SL @ 3261 and tp between 1.3481-1.3520
  • #599,048
  • Feb 23, 2012 10:52am Feb 23, 2012 10:52am
Quoting turmaz
its not a stop hunting sir its going up to 1.34580-1.3520 level u will see stop huntin at that level!
______________________________________________-
High risk, high reward: It takes balls of steel to play this game
Hi
We may have hit the high for the day or two. There is resistance on Daily RSI.
Happy Hunting
  • #599,049
  • Feb 23, 2012 10:52am Feb 23, 2012 10:52am
RSI overbought at H1,H4,D TF.

perhaps a good chance to go short. what do you guys think?
  • #599,050
  • Feb 23, 2012 10:53am Feb 23, 2012 10:53am
Quoting todstars2
Looking out for the Dow to start selling down heavily...I hope and believe.

Quite a bit overextended and 13000 certainly presents a nice psych barrier.

EUR should follow going into the afternoon.

2 CFD against the Dow now!

Wooooohooo!

caun u give a reason (IRL trigger, not technical) for a sharp selloff?
  • #599,051
  • Feb 23, 2012 10:53am Feb 23, 2012 10:53am
[quote=Forex-novice;5413862]
Quoting halkins
PRICE retesting previous highs!!!
Do we have now "to be or not to be" saying to any upside future movements...
I think this level will be hold, and if PA gets below 1.32900 I will consider this as we're going down...
We'll see within next hour or two, but it looks like a nice shorting area with SL little above S/R line.
This makes it pretty risk-reward ratio trade available.
Even if it goes against, any loss won't be any harmfull...
What do you think guys?

now i can sleep happy
and tomorrow u will wake up crying hahahahahahaa

_____________________
High risk, high reward: It takes balls of steel to play this game
  • #599,052
  • Feb 23, 2012 10:54am Feb 23, 2012 10:54am
Quoting Deadpoet87
RSI overbought at H1,H4,D TF.

perhaps a good chance to go short. what do you guys think?

or good chance to finally give up using RSI=)
  • #599,053
  • Feb 23, 2012 10:57am Feb 23, 2012 10:57am
nice action! short, short, short!
  • #599,054
  • Feb 23, 2012 10:57am Feb 23, 2012 10:57am
Quoting quietlife
Hi
We may have hit the high for the day or two. There is resistance on Daily RSI.
i know traders who buy when RSI is over bought and sell when RSI is over sold this is not the reason to buy or sell
all u have to do is just go back in time in ur charts and see how many time it happens and how much very more muchy much time it doesnt

see it for ur self do ur homie workie work
  • #599,055
  • Feb 23, 2012 10:58am Feb 23, 2012 10:58am
Quoting turmaz
when ever there is stop huntin price fell sharply!

ppl are getting caught in shorts the more the ppl short the more price rises u will see i dont understands traders are watching price going higher n higher but no one is gettin long every body is waiting for pull backs in retraements their are not PULL BACKS!!!!!!
I Agree with u on atleast this. Price is in a uptrend right now there is no need to short unless u see resistance .

My charts dont show a single piece of resistance till 3373 .
MMMYYYKKK
  • #599,056
  • Feb 23, 2012 10:58am Feb 23, 2012 10:58am
Quoting 853efx
nice action! short, short, short!
where is your SL and TP?
  • #599,057
  • Feb 23, 2012 10:58am Feb 23, 2012 10:58am
oil now 107.50
  • #599,058
  • Feb 23, 2012 10:59am Feb 23, 2012 10:59am
short @ 1.3337 20bucks per pip =) / trend is still up or at least sideways / scalping only
  • #599,059
  • Feb 23, 2012 11:00am Feb 23, 2012 11:00am
[quote=turmaz;5413872]
Quoting Forex-novice
and tomorrow u will wake up crying hahahahahahaa
oh turmaz....
certainly I don't know where price will be tomorrow and next week,
This is why all "money management" techniques need to be applied all the time while trading.
After some initial profits (IF) I will close half of my position and move my SL to breakeven point.
Then I can go to my bed and sleep easily and fck all future price movements.

--
Read Charts - Not Papers
  • #599,060
  • Feb 23, 2012 11:00am Feb 23, 2012 11:00am
Quoting Killy
caun u give a reason (IRL trigger, not technical) for a sharp selloff?
no, i trade the price action only.

Although one fundamental note. All the news is saying our situation slowly improving here in the US.

Good enough reason to "(buy the rumor)SELL the news".
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