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  • #599,401
  • Feb 23, 2012 9:58pm Feb 23, 2012 9:58pm
Quoting 853efx
range is a s tight as a japanese school girl by now - just wonder why - cmon fellas open up ur mind, there r blondes aswell, brunettes, redheads and me! I feel sexy and i wud like to welcome any1 to my dirty wifes party next time (maybe in may 2017)
I guess that's when your 18th birthday is?
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  • #599,402
  • Feb 23, 2012 9:59pm Feb 23, 2012 9:59pm
Quoting MidasFX
anyone playing the range break out ? Favoring longs as its trend following.

Long above 1.3380 target 10/15/X pips ( roughly height of the box )
Short below 1.3360 target 10/20/X pips

Stops would be the opposite order, caution of the light euro news at frankie open.


Attachment
AU already plop whos next
If you are new to Forex? Say Goodbye to your account!!
  • #599,403
  • Feb 23, 2012 10:01pm Feb 23, 2012 10:01pm
Quoting happytrader
is friday always a terrible day to trade?
low liquidity and profit taking can give wrong signals
Mohan
  • #599,404
  • Feb 23, 2012 10:04pm Feb 23, 2012 10:04pm
Quoting KiwiTrada
AU already plop whos next
aussie cheated my ea went back and hit sl @ +1 pip

Kiwi when you say you trade on BE , do you really move the SL to BE or making cost to BE by taking partial profit. most of the my long time trade killed in be (sl moved)
Mohan
  • #599,405
  • Feb 23, 2012 10:06pm Feb 23, 2012 10:06pm
Quoting mohan76
it in no trading zone i feel it should pull back before franky then retest , but it's Fry day again

Edit : aussy took lead let see what eu going to do
Yes, I had it up near an upper trendline. Pull back looks likely and in fact has already begun. Looking for price support at 1.3340 where my BUY LIMIT order sits.
  • #599,406
  • Feb 23, 2012 10:08pm Feb 23, 2012 10:08pm
Quoting mohan76
aussie cheated my ea went back and hit sl @ +1 pip

Kiwi when you say you trade on BE , do you really move the SL to BE or making it by taking partial profit. most of the my long time trade killed in be (sl moved)
If you feel the market has a bias, I believe it's best to leave SL alone and not move it to BE. Only time I move SL to BE is when trades carry over longer than expected AND my confidence in bias lessens.
  • #599,407
  • Feb 23, 2012 10:13pm Feb 23, 2012 10:13pm
If anyone was wondering what this little drop was in A/U ...

News blip ~

0611 GMT [Dow Jones] The AUD/USD and EUR/USD fall slightly after Fitch Ratings downgrades three major Australian banks --Commonwealth Bank of Australia (CBA.AU), National Australia Bank (NAB.AU) and Westpac Banking (WBC.AU)-- and affirms its rating on ANZ Bank (ANZ.AU), says a senior dealer at a major bank in Tokyo. The slight fall "is because of Fitch," he says.
  • #599,408
  • Feb 23, 2012 10:23pm Feb 23, 2012 10:23pm
Someone pegged the Euro to the Dollar today and said nothing to the press.
How mean!
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  • #599,409
  • Feb 23, 2012 10:24pm Feb 23, 2012 10:24pm
Quoting KillerWhale
Someone pegged the Euro to the Dollar today and said nothing to the press.
How mean!
i thought today they teaching us how should wewait for fruit /fish
Mohan
  • #599,410
  • Feb 23, 2012 10:29pm Feb 23, 2012 10:29pm
Quoting KillerWhale
Someone pegged the Euro to the Dollar today and said nothing to the press.
How mean!
Who would that be?
  • #599,411
  • Feb 23, 2012 10:33pm Feb 23, 2012 10:33pm
Quoting mohan76
i thought today they teaching us how should wewait for fruit /fish
don't know if this is a sell signal... it's at 3360 now and kinda reluctant to go down
  • #599,412
  • Feb 23, 2012 10:34pm Feb 23, 2012 10:34pm
Quoting happytrader
don't know if this is a sell signal... it's at 3360 now and kinda reluctant to go down
It's reluctant to go up too
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  • #599,413
  • Feb 23, 2012 10:36pm Feb 23, 2012 10:36pm
Quoting KillerWhale
It's reluctant to go up too
that means we're still in the range pa?
  • #599,414
  • Feb 23, 2012 10:38pm Feb 23, 2012 10:38pm
Meh, with the slight bearish outside bar on the M15, and then the breakout to the bottom, I sold. Just waiting to see if its gonna retrace to the previous support and find resistance.
  • #599,415
  • Feb 23, 2012 10:40pm Feb 23, 2012 10:40pm
Quoting happytrader
don't know if this is a sell signal... it's at 3360 now and kinda reluctant to go down
German Final GDP q/q in 20 mins , it might give some indication
Mohan
  • #599,416
  • Feb 23, 2012 10:41pm Feb 23, 2012 10:41pm
Quoting KiwiTrada
yup you right but how do you corelate that to sell high buy low, buy the dips, sell the rallies mmmm many different trading styles, yours is fine perhaps I scalping for 10 - 15 pip I can do many time while you wait 1.31
i think each one to his own trade plan
That is why I mentioned that only for the inexperience traders as they do not know how the market works and control their emotions. For the experienced ones, go for it.
Fear prevent possibilities, and so does Greed
  • #599,417
  • Feb 23, 2012 10:42pm Feb 23, 2012 10:42pm
Morning fellas...

got stopped out from that short yesterday, what the heck...

3376
3404
3430

...levels to watch today. Friday is a mofo so careful out there. Looking for a new place to enter my short. We might see some profit taking today after this insane stock rally...Bear divergences everywhere.
Quant Hedge Fund CEO
  • #599,418
  • Feb 23, 2012 10:43pm Feb 23, 2012 10:43pm
euro may reach the 50% fib @ 1.343x.
Read the chart... Fundies are catalyst...
  • #599,419
  • Feb 23, 2012 10:44pm Feb 23, 2012 10:44pm
Quoting FXMastermind
Nice entry, Kiwi, I didnīt hold my s from 40, I think we are going at least to retest these levels, if not 336 today...

Will be glad to reenter there though + having a big RHS ready for 336...
...and it seems I was just right.
Quant Hedge Fund CEO
  • #599,420
  • Feb 23, 2012 10:45pm Feb 23, 2012 10:45pm
How many more minute will the DAX index start. Thank you
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