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  • #11,841
  • Feb 27, 2012 5:14am Feb 27, 2012 5:14am
closed all poositions at 1.3405: 2x55 = 110 pips.
cant trade today as i'd like to.

have a good day al. Green pips to you all

Quoting BrunargarFx
SL moved at 1.342. cant monitor that trade atm
  • #11,842
  • Feb 27, 2012 5:56am Feb 27, 2012 5:56am
Quoting BrunargarFx
closed all poositions at 1.3405: 2x55 = 110 pips.
cant trade today as i'd like to.

have a good day al. Green pips to you all
Well done, synergy with level counts usually pay outs well.
  • #11,843
  • Feb 27, 2012 6:07am Feb 27, 2012 6:07am
3386 is London projected low. I see 3380 as interim support now.

Might be good for some long scalps.
  • #11,844
  • Feb 27, 2012 6:17am Feb 27, 2012 6:17am
Quoting T@rantula
3386 is London projected low. I see 3380 as interim support now.

Might be good for some long scalps.
1. Quad bottom
2. Level count bottom ( see the table)
3. Trading hours ( range till NY)

Scalped the bottom.

If it doesnt break 3380 till 14.30-45 gmt, we may have valid long setups. My advice: If u like and you do scalping, go with ECN/brokers with 0.5-1.5 pip maximum spread.
Attached Image (click to enlarge)
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  • #11,845
  • Feb 27, 2012 7:55am Feb 27, 2012 7:55am
Quoting T@rantula

If it doesnt break 3380 till 14.30-45 gmt, we may have valid long setups. My advice: If u like and you do scalping, go with ECN/brokers with 0.5-1.5 pip maximum spread.
3380 broken. No longs for me. WOuld like to see if it gets close to 3350-3320, i might consider it then.
  • #11,846
  • Feb 27, 2012 7:59am Feb 27, 2012 7:59am
Here is the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H4.jpg Size: 155 KB
  • #11,847
  • Feb 27, 2012 8:13am Feb 27, 2012 8:13am
This is a higher time frame version of what I think its about to happen...

Quoting Kambooj
Here is the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H8.jpg Size: 130 KB
  • #11,848
  • Edited 8:31am Feb 27, 2012 8:19am | Edited 8:31am
Since Londons projected low was excellent support and it was very accurate, NY has made a new low signalling possible continuation. In that case I will pay attention to 3350 and 3320.

Scalping was the option for the day or taking an intraday position to the downside.

So far the intraday trend's been very accurately down. ( just watch thrust pullback patterns)
  • #11,849
  • Feb 27, 2012 8:50am Feb 27, 2012 8:50am
Quoting prashant7
usd chf ready to test .9012 levels

but will the 8930 levels be able to hold then nice PA will be seen
tested and seems it may continue advancing

had some longs on this and now fully closed ' that' s all

very strange PA today no real retraces at key levels for EURUSD

anyways was benefited with USDCHF

hey T its quite a bit bearish day and with little retrace .

any idea of fundamentals what they say ? probs ahead with oil
finding A M S
  • #11,850
  • Feb 27, 2012 8:56am Feb 27, 2012 8:56am
the eurjpy moves similarly very strong to the downside. had a nice trade since asia. entered after i saw a momentum bar to the south .everything else was posted earlier on a dialy chart. i also have to admit i lost on the initial swing setup as it hit my stop loss, but thats good coz it did rally very hard. so than k you SL..
i had a devaition in my timing of +2 days therefore had to wait till today
Attached Image (click to enlarge)
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before and after


Attached Image

200 pips is more than what i expected from the averaged daily range so i book profits. volatile pair as well.

Db told me to stick with majors, and i think i will after this trade.
Have I got something on my face, SOLDIER?
  • #11,851
  • Feb 27, 2012 8:59am Feb 27, 2012 8:59am
Quoting prashant7
hey T its quite a bit bearish day and with little retrace .

any idea of fundamentals what they say ? probs ahead with oil
This looks as a retracement. Havent looked on fundamentals as this has been a simple trend on lower tfs/ retracement on higher tfs.

Levels where u can scalp longs are 3380 3350 3320.
  • #11,852
  • Feb 27, 2012 9:00am Feb 27, 2012 9:00am
Quoting bumapatria

Db told me to stick with majors, and i think i will after this trade.
Ofcourse, if u ask me...u only need 1 or 2 pairs Stick with majors.
  • #11,853
  • Feb 27, 2012 9:32am Feb 27, 2012 9:32am
long @ 3386, sl 3363; tl break and bullish divergence
Attached Image (click to enlarge)
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  • #11,854
  • Feb 27, 2012 9:34am Feb 27, 2012 9:34am
here is my reasoning to why i went short: attached on chart
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Have I got something on my face, SOLDIER?
  • #11,855
  • Feb 27, 2012 9:37am Feb 27, 2012 9:37am
Quoting T@rantula
This looks as a retracement. Havent looked on fundamentals as this has been a simple trend on lower tfs/ retracement on higher tfs.

Levels where u can scalp longs are 3380 3350 3320.
Attached Image (click to enlarge)
Click to Enlarge Name: euu.jpg Size: 56 KB
  • #11,856
  • Feb 27, 2012 9:44am Feb 27, 2012 9:44am
stopped out at Breakeven on that one as it spikes north.
nice trade husky
Have I got something on my face, SOLDIER?
  • #11,857
  • Feb 27, 2012 9:45am Feb 27, 2012 9:45am
Hi husky.
Not saying you are wrong (1.338 is a good level on both PA and TA) but You go long on bullish div on M5??
what's you TP?


Quoting huskyboy
long @ 3386, sl 3363; tl break and bullish divergence
  • #11,858
  • Feb 27, 2012 9:46am Feb 27, 2012 9:46am
Quoting huskyboy
long @ 3386, sl 3363; tl break and bullish divergence
Well done!
  • #11,859
  • Feb 27, 2012 9:51am Feb 27, 2012 9:51am
Quoting BrunargarFx
Hi husky.
Not saying you are wrong (1.338 is a good level on both PA and TA) but You go long on bullish div on M5??
what's you TP?

mainly on bullish divergence m2 together with tl break, sorry i posted m5 chart.
  • #11,860
  • Feb 27, 2012 9:53am Feb 27, 2012 9:53am
Quoting T@rantula
Attachment

3405 support now, may be retested. Above 3420-25 will be a continuation.

Attached Image (click to enlarge)
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