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EURUSD

  • #602,041
  • Feb 29, 2012 7:07pm Feb 29, 2012 7:07pm
ne1 watching gold?
  • #602,042
  • Feb 29, 2012 7:08pm Feb 29, 2012 7:08pm
Quoting EDG
Eur is showing sign of retracing upwards possibly to 13370 and thereafter may slide again. If this level is broken may slowly creeping upwards. Just my two cents worth of opinion. I could be wrong.
up..
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  • #602,043
  • Feb 29, 2012 7:10pm Feb 29, 2012 7:10pm
Quoting mahimahi
up..
thats too bad you should have booked it @ 3480.


Edit: Asian session getting slower and slower ,
yesterday took 55 mins for 10 pip tp
and it took 70 mins today
Mohan
  • #602,044
  • Edited 7:42pm Feb 29, 2012 7:17pm | Edited 7:42pm
Quoting kuchai
I guess today price will up up little bit to 1.336x/7x..before another move down..
targeted to 1.326x/5x....my guess only ..I could be wrong...
That's my line of thinking...

We have a double top formation on the 4hr chart, which should culminate at 1.3250, but with chart formations, it never happens in a straight line, there should still be a bounce of 1.3315/20 which was a strong resistance earlier before it broke, which now turns into a support (not sure how strong).

Once it bounces to the 1.336x/7x region, and hits my TP, I will then reload a few test shorts targeting 1.3250.

We'll see how it goes today. But overall, I see a reversal in the daily chart which might hint that the correction is over and we will revert back to the downtrend.

Edit: All long positions closed.
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  • #602,045
  • Feb 29, 2012 7:36pm Feb 29, 2012 7:36pm
Quoting mohan76
thats too bad you should have booked it @ 3480.


Edit: Asian session getting slower and slower ,
yesterday took 55 mins for 10 pip tp
and it took 70 mins today
Bro go 15min thro bear flags / chan and scalp the crap out ladies, if can keep runner on brit prs, micro even, try hold em if march open hold still possible days even weeks they run

al sorts of triggers 200 50 crosses higher tf triggers blah blah 10 x 5 pip scalps is 50 pips

just a though agree asia been slow awhile,
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  • #602,046
  • Feb 29, 2012 7:46pm Feb 29, 2012 7:46pm
Short 3340 TP 3280
  • #602,047
  • Edited 8:03pm Feb 29, 2012 7:50pm | Edited 8:03pm
Quoting KiwiTrada
Bro go 15min thro bear flags / chan and scalp the crap out ladies, if can keep runner on brit prs, micro even, try hold em if march open hold still possible days even weeks they run

al sorts of triggers 200 50 crosses higher tf triggers blah blah 10 x 5 pip scalps is 50 pips

just a though agree asia been slow awhile,
is it 200H and 50H or 800H and 200H sma ?
Mohan
  • #602,048
  • Feb 29, 2012 8:31pm Feb 29, 2012 8:31pm
Quoting mohan76
is it 200H and 50H or 800H and 200H sma ?
sorry bro watching geppy

200 & 50 simple close ma
we have found ma crosses often retrace to cross level, is why we scalping them until they do then we will defend level, however monthly open over rule everything, so is bit dilema, scalp plan save our nerves until everything fall into place

Really need to keep eye on cable she near critical mass, thro up monthly add utl & ltl you will find S&R aprrox same feb close march open, we looking to defend monthly open, if she can hold below we on her butt jeppy very similar we already defending 129 40, I accept high yield, spread blah blah , but rr is worth it if the UTL monthy is breached we be dropping both girls from bitch pack
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  • #602,049
  • Feb 29, 2012 8:33pm Feb 29, 2012 8:33pm
Quoting mahimahi
up..

I'd would set SL to BE and let it up to market......
Less is more...
  • #602,050
  • Feb 29, 2012 8:39pm Feb 29, 2012 8:39pm
Hey guys, I'm new here just came from the baby pips forum. I'm also long EUR/USD for a quick scalp. Currently up 13 pips on this trade hoping to get another 20-30 by NY open tomorrow. GL to you all.
  • #602,051
  • Feb 29, 2012 8:47pm Feb 29, 2012 8:47pm
Is she about to fall again?
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  • #602,052
  • Feb 29, 2012 9:02pm Feb 29, 2012 9:02pm
pa is look a little bit exciting me

swissy has go back up to test monthly open
geppy retesting double supports
au eu kiwi look a little roll overish
Cable has pierce March open,, everything on knife edge, what is chance falling knives in asia session would be nime for me anyway times will tell shortly
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  • #602,053
  • Feb 29, 2012 9:17pm Feb 29, 2012 9:17pm
Woke up too soon, I was hoping Asia would be over.
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  • #602,054
  • Feb 29, 2012 9:24pm Feb 29, 2012 9:24pm
Lol, 5 hours ago I was attacked by a number of people who said we're going straight to 1.3280, I said: NO, we're not going there, at least not now.
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  • #602,055
  • Feb 29, 2012 9:33pm Feb 29, 2012 9:33pm
Quoting KillerWhale
Lol, 5 hours ago I was attacked by a number of people who said we're going straight to 1.3280, I said: NO, we're not going there, at least not now.

probably the same as those who call for 1.36 1.38 1.40?
  • #602,056
  • Feb 29, 2012 9:33pm Feb 29, 2012 9:33pm
Quoting KillerWhale
Lol, 5 hours ago I was attacked by a number of people who said we're going straight to 1.3280, I said: NO, we're not going there, at least not now.
well, those people don't know how hard we are working on Asian session to make 10 pip TP , 20 pip tp almost impossible

if see them again you know what to do
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Mohan
  • #602,057
  • Feb 29, 2012 9:37pm Feb 29, 2012 9:37pm
time to switch off and rest for 4 hours before the action begins again. Asian hours are boring
  • #602,058
  • Feb 29, 2012 9:40pm Feb 29, 2012 9:40pm
Quoting mohan76
well, those people don't know how hard we are working on Asian session to make 10 pip TP , 20 pip tp almost impossible
I know, that's why I was hoping to wake up after London open.
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  • #602,059
  • Feb 29, 2012 9:42pm Feb 29, 2012 9:42pm
This is why in the US getting a second shift job is a good idea. Keeps you out of the Asian session lol.
  • #602,060
  • Feb 29, 2012 9:44pm Feb 29, 2012 9:44pm
Quoting Fx93
This is why in the US getting a second shift job is a good idea. Keeps you out of the Asian session lol.
I like that idea, whish I had realized that a few years ago.
But now I'm full time trader so it doesn't help anymore.
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