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EURUSD

  • #622,621
  • Apr 9, 2012 10:04am Apr 9, 2012 10:04am
On M5, descending channel. I think it will finish in triangle...
  • #622,622
  • Apr 9, 2012 10:04am Apr 9, 2012 10:04am
Quoting viperx
dear gurangax

may I ask why 3065?
3060 is s1. looking at 1h u can see a rejection which signaled me to go for a buy. 3065 is the only place which i can put a good enough riskreward ratio.
Gambling with PA
  • #622,623
  • Apr 9, 2012 10:15am Apr 9, 2012 10:15am
When life gives you lemons, make lemonade
  • #622,624
  • Apr 9, 2012 10:32am Apr 9, 2012 10:32am
e/u test 3113 or not ?
More on my Blog...
  • #622,625
  • Apr 9, 2012 10:32am Apr 9, 2012 10:32am
Quoting TraderBoyFF
This could be a long, drawn-out day.
correct, my trade station is closed for today
two things required to be sucessful,patience and getting rid of greed.
  • #622,626
  • Apr 9, 2012 10:32am Apr 9, 2012 10:32am
Quoting gurangax
3060 is s1. looking at 1h u can see a rejection which signaled me to go for a buy. 3065 is the only place which i can put a good enough riskreward ratio.
alright if it moves, I'm looking to exit around 3085
Trade what you see, not what you think.
  • #622,627
  • Apr 9, 2012 10:36am Apr 9, 2012 10:36am
Quoting viperx
alright if it moves, I'm looking to exit around 3085
if bottom is rejected only place left is top. anyway good luck both of us ill keep my target 3120 but i may change it once i spot a reversal
Gambling with PA
  • #622,628
  • Apr 9, 2012 10:47am Apr 9, 2012 10:47am
pending buy in 1,3077 with TP at 1,3090...

lets wait...
  • #622,629
  • Apr 9, 2012 10:49am Apr 9, 2012 10:49am
Quoting micho
i understand...

me too

LOL
Learn to see what's there, not what you want to see.
  • #622,630
  • Apr 9, 2012 10:50am Apr 9, 2012 10:50am
Any pips to make here?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,631
  • Apr 9, 2012 10:51am Apr 9, 2012 10:51am
Quoting KillerWhale
Any pips to make here?
I guess I slept through all the action
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,632
  • Apr 9, 2012 10:52am Apr 9, 2012 10:52am
Quoting KillerWhale
Any pips to make here?
I'm still looking for a pullback to 1.31xx, but 1.315x would be ideal, and then a resumption to the bearish trend.

Looking at the H4, you could see a double-bottom formed from last week's low and the low set yesterday at the Asian session, so hopefully that adds fuel to the fire.

No, if you're looking for significant moves.

I guess you could scalp here and there like a few folks are saying on here.
Learn to see what's there, not what you want to see.
  • #622,633
  • Apr 9, 2012 10:53am Apr 9, 2012 10:53am
Quoting viperx
bought @ 3070 stop 10
OUT -1 PIPS
Trade what you see, not what you think.
  • #622,634
  • Apr 9, 2012 10:59am Apr 9, 2012 10:59am
Quoting viperx
OUT -1 PIPS
a second to early
  • #622,635
  • Apr 9, 2012 10:59am Apr 9, 2012 10:59am
Quoting viperx
OUT -1 PIPS
too bad mate
Gambling with PA
  • #622,636
  • Apr 9, 2012 11:00am Apr 9, 2012 11:00am
quick spike up, no real driver could retrace.
  • #622,637
  • Apr 9, 2012 11:02am Apr 9, 2012 11:02am
It looks like the spike before the fall.
Time turns trend. - W.D. Gann
  • #622,638
  • Apr 9, 2012 11:02am Apr 9, 2012 11:02am
ops!!! was close...
  • #622,639
  • Apr 9, 2012 11:05am Apr 9, 2012 11:05am
Quoting KillerWhale
I guess I slept through all the action
you miss absoultely nothing. waiting for shorts at fri high - resistance @ .3110 area - if failed then next level is the .3154 area.
  • #622,640
  • Apr 9, 2012 11:06am Apr 9, 2012 11:06am
Quoting ForExtraPips
It looks like the spike before the fall.
I'm thinking the same thing.

It went and kissed the daily pivot almost exactly at the area.

EDIT: or at least the last run up before positions are squared, and London fixing happens.
Learn to see what's there, not what you want to see.
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