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  • #13,681
  • Apr 3, 2012 7:58am Apr 3, 2012 7:58am
Quoting egkid
Aud
what have i missed
  • #13,682
  • Apr 3, 2012 8:09am Apr 3, 2012 8:09am
Quoting huskyboy
what have i missed
I suppose 1.038 R now and down from it to 1.032 to test it
Hope to see that when i back home
  • #13,683
  • Apr 3, 2012 8:11am Apr 3, 2012 8:11am
Quoting T@rantula
In accordance to my analysis also bro. Buy on pullbacks 3250 3280 3310 3350 3380. Yes even on 3380 if it gets broken and retested.

Weekly is UP and bullish flag in play. Only break of 3230 can invalidate it now.
Lets see 3310 has been nicely respected. Watch those price magnet levels as those can be good for long scalps swing scalps or eventual intraday trades.
  • #13,684
  • Apr 3, 2012 8:17am Apr 3, 2012 8:17am
Quoting danc
Well look at that will ya.. managed to get one rite against the odds.. Out for55
Well done on counter trend/range trades. Little bit risky but it turned out very well.

Last few weeks I mostly follow the trend and take 3-5 entries per day in the direction of weekly UPtrend pulling mostly 10 pips per trade.

For next EU i will wait if it dips down more below I would like to see a reversal candle or another confirmation of long trades.

3280 3250 are lowest possible long entries for me because If it dips down below 3230 bears will gain the advantage.

Still 3300 3310 holding it and first rejections are usually 80 % winners for trend following.
  • #13,685
  • Apr 3, 2012 8:20am Apr 3, 2012 8:20am
Missed entry @ 1.3301 (I had an order @ 1.33...)
L @ 1.3315, SL 1.339 manually monitoring if I'm behind.
If we take 1.338 I see 1.35 and possibly beyond
However, break of 1.325 would give power to the bears
  • #13,686
  • Edited 8:52am Apr 3, 2012 8:39am | Edited 8:52am
Quoting BrunargarFx
Missed entry @ 1.3301 (I had an order @ 1.33...)
L @ 1.3315, SL 1.339 manually monitoring if I'm behind.
If we take 1.338 I see 1.35 and possibly beyond
However, break of 1.325 would give power to the bears
You have chosen good levels to profit from Nice B!

I and BW also think that we could see some false move down before FOMC and then BOOM! it can be a spike up.

So the best possible way is to trade by levels and watch if they keep or break placing the stops slightly below if u follow the trend or above if u counter it.
  • #13,687
  • Apr 3, 2012 8:45am Apr 3, 2012 8:45am
Thanks,

Funny you mention the fake moves as I was just considering that atm. thanks for sharing BW and your thoughts



Quoting T@rantula
You have chose good levels to profit from Nice B!

I and BW also think that we could see some false move down before FOMC and then BOOM! it can be a spike up.

So the best possible way is to trade by levels and watch if they keep or break placing the stops slightly below if u follow the trend or above if u counter it.
  • #13,688
  • Apr 3, 2012 8:52am Apr 3, 2012 8:52am
Quoting BrunargarFx
Thanks,

Funny you mention the fake moves as I was just considering that atm. thanks for sharing BW and your thoughts
Yes fakes are very possible before FOMC in a form of stop hunt.
  • #13,689
  • Apr 3, 2012 8:55am Apr 3, 2012 8:55am
Do you have any position open then?

Quoting T@rantula
Yes fakes are very possible before FOMC in a form of stop hunt.
  • #13,690
  • Apr 3, 2012 8:56am Apr 3, 2012 8:56am
Quoting T@rantula
Yes fakes are very possible before FOMC in a form of stop hunt.
i agree with you..some people think every move worth trading so they smile with the profit, some days just dont work that way...
MY OPINION NOT FINANCIAL ADVISE
  • #13,691
  • Apr 3, 2012 9:02am Apr 3, 2012 9:02am
Quoting BrunargarFx
Do you have any position open then?
Not at this moment. I had a scalp 3340 2 times then 3310, now im flat but I will consider 3280 if i get the confirmation, not blindly.
  • #13,692
  • Apr 3, 2012 9:04am Apr 3, 2012 9:04am
if no boost there with total vehicle sales, I'll close and sit on my hands
  • #13,693
  • Apr 3, 2012 9:13am Apr 3, 2012 9:13am
Quoting donfriday
i agree with you..some people think every move worth trading so they smile with the profit, some days just dont work that way...
Indeed- not every day is tradeable. One can learn that only by screening time or listening to more experienced traders.
  • #13,694
  • Apr 3, 2012 9:36am Apr 3, 2012 9:36am
nice rejection on LTL @ 1.33

If we could break 1.332 we're back in business
  • #13,695
  • Apr 3, 2012 9:44am Apr 3, 2012 9:44am
nice momentum bar too.
Quoting BrunargarFx
nice rejection on LTL @ 1.33

If we could break 1.332 we're back in business
  • #13,696
  • Apr 3, 2012 9:53am Apr 3, 2012 9:53am
Quoting BrunargarFx
nice momentum bar too.
Yes 3310 is really the level for longs...I didnt expect it 2nd time... I closed 3310 long with 10 pips on first rejection , but this 2nd really surprised me..
  • #13,697
  • Apr 3, 2012 9:55am Apr 3, 2012 9:55am
I reckon this is profit taking. Shorts are closing the positions. Lets see if we have impulse move following.
  • #13,698
  • Apr 3, 2012 9:57am Apr 3, 2012 9:57am
I closed my long at BE on the basis of lack of momentum up.
Re-entered @ 1.3323 (due to slippage) on rejection of 1.33 and break of 1.332.
So I am in (and I fu...ng deserve it
Last attempt to break UTL (1.3366)

Quoting T@rantula
Yes 3310 is really the level for longs...I didnt expect it 2nd time... I closed 3310 long with 10 pips on first rejection , but this 2nd really surprised me..
  • #13,699
  • Apr 3, 2012 10:05am Apr 3, 2012 10:05am
Quoting T@rantula
Yes 3310 is really the level for longs...I didnt expect it 2nd time... I closed 3310 long with 10 pips on first rejection , but this 2nd really surprised me..
i mistakenly press buy at 3305..
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MY OPINION NOT FINANCIAL ADVISE
  • #13,700
  • Apr 3, 2012 10:07am Apr 3, 2012 10:07am
IMHO safer to risk gu long at 5945....i can be wrong
MY OPINION NOT FINANCIAL ADVISE
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