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  • #633,621
  • Apr 26, 2012 3:01am Apr 26, 2012 3:01am
Quoting cloggie

We got some more numbers coming out here in the next few minutes, some German and Italian ones. Keep an eye on the newswires.

German numbers on target, Italian slightly worse. As we all know, it is all about Germany.

What that translate as from a trading point of view? No shorts yet, consolidation at this level to continue. We are still looking for a meaningful bottom for the range here.
  • #633,622
  • Apr 26, 2012 3:03am Apr 26, 2012 3:03am
well I followed the plan to a "t." I was a little slow getting out (like around 1.324 ish but I immediately switched to long on your advice. However, typical nebie mistake, I set the TP for only 10 pips, not the full 24 I would have had (I just didn't think it would hit 1.32160 that fast). So thanks cause a ten pipper helped take the sting (albeit not much) out of that big loss I had.....if I had stayed in, which was my plan prior to talking to you, I'd be close to being margined out
  • #633,623
  • Apr 26, 2012 3:03am Apr 26, 2012 3:03am
Quoting FXMindset
the consclusion is
trading first then looking a wife later

wonder how sir chicky manage to have 5 wives while trading..lol
they all left him and told him let forex gives the pleasure lol
  • #633,624
  • Apr 26, 2012 3:03am Apr 26, 2012 3:03am
Quoting fxkiller
true words mate..

sometime trading can real spoil someones life..
Assuming one has a life
  • #633,625
  • Apr 26, 2012 3:05am Apr 26, 2012 3:05am
Quoting fxkiller
true words mate..

sometime trading can real spoil someones life..

well, sometimes life can really spoil someones trading too!

  • #633,626
  • Apr 26, 2012 3:05am Apr 26, 2012 3:05am
I suppose that if the bullish trend prevails then it's goal will be 1.33022. Also we should pay attention to another possibility, if the pair doesn't reach 1.32446 level it will be corrected to the bearish trend. If the pair strikes the level 1.31836 then Bears can reach 1.30615 level.
  • #633,627
  • Apr 26, 2012 3:07am Apr 26, 2012 3:07am
Quoting LukasBloom
I suppose that if the bullish trend prevails then it's goal will be 1.33022. Also we should pay attention to another possibility, if the pair doesn't reach 1.32446 level it will be corrected to the bearish trend. If the pair strikes the level 1.31836 then Bears can reach 1.30615 level.
1.32446?
  • #633,628
  • Apr 26, 2012 3:07am Apr 26, 2012 3:07am
Quoting millelire
http://i43.tinypic.com/4zszzp.gif

posted 16th april...if you had follow it, lots of green pips for you...sometimes it's so fackin easy this cross



and my last view posted yesterday:

http://i41.tinypic.com/j75mk9.gif

but hey, remember, they're only expectations, so everythin can happen (€ lately take a lot to some pips up, and less than an afternoon to fall) .. meanwhile i'm still enjoying this ride from 3054 (already halved)
have a nice weekend
my bullish view still resists
  • #633,629
  • Apr 26, 2012 3:07am Apr 26, 2012 3:07am
Don't wake me up if "WTF just happened?" happens. Deal it yourselves.
Later.
The Thief of Wall Street
  • #633,630
  • Apr 26, 2012 3:09am Apr 26, 2012 3:09am
Okay USD so weak now..
  • #633,631
  • Apr 26, 2012 3:10am Apr 26, 2012 3:10am
Quoting flofri
well, sometimes life can really spoil someones trading too!

yes true

but mostly its the opposite

trading is stressfull, funny, emotion killer, dangerous, excitment etc... but we all love it
  • #633,632
  • Apr 26, 2012 3:11am Apr 26, 2012 3:11am
Quoting cloggie
No shorts yet, consolidation at this level to continue. We are still looking for a meaningful bottom for the range here.
This week is a bad week for me. Made the same mistake yesterday. Shorted and missed my TP by 3 pips and it reversed to hit my SL. Shitty!

Right now seeing stars all over my charts ....... Shitty week. Maybe I should learn how to adjust my SL to breakeven or sclap for small pips only.
The true fact is market doesn't care, risk mgt is important.
  • #633,633
  • Apr 26, 2012 3:11am Apr 26, 2012 3:11am
Quoting fxkiller
yes true

but mostly its the opposite

trading is stressfull, funny, emotion killer, dangerous, excitment etc... but we all love it
  • #633,634
  • Apr 26, 2012 3:12am Apr 26, 2012 3:12am
ok lost my first trade today. cos i traded against my better judgement.

Note to self: stick with the plan always never ever deviate
  • #633,635
  • Apr 26, 2012 3:14am Apr 26, 2012 3:14am
Quoting Ssm
This week is a bad week for me. Made the same mistake yesterday. Shorted and missed my TP by 3 pips and it reversed to hit my SL. Shitty!

Right now seeing stars all over my charts ....... Shitty week. Maybe I should learn how to adjust my SL to breakeven or sclap for small pips only.
Or...just an idea...you take 5 pips of your target everytime you come up with a targetpoint. Seems like that fekt you this time. And the sl to be isn't that bad idea either. Take some off even if you are in plus.
  • #633,636
  • Apr 26, 2012 3:14am Apr 26, 2012 3:14am
Quoting flofri
1.32446?
If we look at M5, then we can see that we are on wave 4, which brings us to 38% fibo - 1.3248, or 50% fibo 1.3244 and then up until we get 1.3270 - thatīs where wave 5 ends. Might be extension, but I have put my shorts there - 1.3269. 1 pip just in case, I allways do so.
  • #633,637
  • Apr 26, 2012 3:15am Apr 26, 2012 3:15am
3250 is like a rock
  • #633,638
  • Apr 26, 2012 3:15am Apr 26, 2012 3:15am
Quoting cloggie
German numbers on target, Italian slightly worse. As we all know, it is all about Germany.

What that translate as from a trading point of view? No shorts yet, consolidation at this level to continue. We are still looking for a meaningful bottom for the range here.
Where do you get your numbers from? I can't see German numbers.....
  • #633,639
  • Apr 26, 2012 3:16am Apr 26, 2012 3:16am
Quoting vbucuroiu
Where do you get your numbers from? I can't see German numbers.....

Hesse and Brandenburg reported their CPI's, we also had Italian business confidence.
  • #633,640
  • Apr 26, 2012 3:16am Apr 26, 2012 3:16am
3280 next EU level to reach..

below 325o H4 closing can bring us to 3230-3200-3190-3150
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