good morning traders ,
looks market waiting for Chinese data (Manufacturing PMI) ,
looks market waiting for Chinese data (Manufacturing PMI) ,
Mohan 
- #636,801
- Apr 30, 2012 7:41pm Apr 30, 2012 7:41pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #636,803
- Apr 30, 2012 7:54pm Apr 30, 2012 7:54pm
The atempt to break above 3240 was lost in the last 5 hours..
USD is now stronger than EUR at the current moment...
My thought is that we will be in ping-pong range between 3210-3240 till 15h GMT, the US news pop up.
Since today is holiday all around europe, i dont expect move higher or lower than 50 pips...
Cheers,
Saint
-V-
- #636,804
- Apr 30, 2012 7:54pm Apr 30, 2012 7:54pm
The atempt to break above 3240 was lost in the last 5 hours..
USD is now stronger than EUR at the current moment...
My thought is that we will be in ping-pong range between 3210-3240 till 15h GMT, the US news pop up.
Since today is holiday all around europe, i dont expect move higher or lower than 50 pips...
Cheers,
Saint
...rich bitches know how to have fun =)
- #636,805
- Apr 30, 2012 7:57pm Apr 30, 2012 7:57pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Hi,Can u PLEASE explain this a bit in a newbish way? As i am tryin to learn hence need all the help i can...Thnk u!
I will try explain, myy zones now for Cable as above is -
6230 - 6235 this is my zone, sl 6245 I will try to get postion in this zone, sell only, if pa go below this zone, I try no more fills until next zone is approached.
If PA go above this zone I will be at the beach, until her come back this zone, I may scalp some higher levels, but my primary aim is to get my postioion in this zone, I already my postions for yesterdays open, and micro managing.
My targets are relative mainly to last months levels,
I hope is clear, I crap explainer happy pip hunting
If you are new to Forex? Say Goodbye to your account!!
i can't sleep, lol - friday close is what we probably have to deal with - if not wednesday, then thursday or any other day - the japs were not present and all europe is drinking, eating and f*ck*ng all day long on tuesday
But i am thinking on set up the alarms and go directly into bed... 2 am here now!
Saint
- #636,807
- Apr 30, 2012 8:01pm Apr 30, 2012 8:01pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts
I trade 1 minute for the reason you are running into. If you trade Technicals you need deep pockets. What you know is probably right but you are trading against huge money, we know the Euro should be dead but big money does not want that, we know the US Dollar should be as dead as the Euro but big money is there so it remains the Worlds reserve currency. Technicals will eventually win but you need to patient while the big money moves in or out.
My 5c, set your stops, go with the market. If you know the trade is good, take the hit at your stop and...
its so annoying when price goes against technicals
When life gives you lemons, make lemonade
- #636,808
- Apr 30, 2012 8:02pm Apr 30, 2012 8:02pm
- Joined Dec 2011 | Status: Trader | 4,013 Posts
The atempt to break above 3240 was lost in the last 5 hours..
USD is now stronger than EUR at the current moment...
My thought is that we will be in ping-pong range between 3210-3240 till 15h GMT, the US news pop up.
Since today is holiday all around europe, i dont expect move higher or lower than 50 pips...
Cheers,
Saint
- #636,809
- Edited 8:17pm Apr 30, 2012 8:03pm | Edited 8:17pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
If PA go above this zone I will be at the beach, until her come back this zone,
i have switched on heater inside my trading room
whitch one you use as monthly open : ny close or Tokyo open
Mohan
- #636,810
- Apr 30, 2012 8:03pm Apr 30, 2012 8:03pm
- Joined Jul 2011 | Status: Heads is a buy. Tails is a sell. | 1,031 Posts
- #636,813
- Apr 30, 2012 8:15pm Apr 30, 2012 8:15pm
- Joined Feb 2008 | Status: Trader | 2,258 Posts
All that is left in FF is just plain garbage. "Cloggie"
- #636,814
- Apr 30, 2012 8:15pm Apr 30, 2012 8:15pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
my daily says to short my h4 says to long
seems like we're test a broken weekly resistance turned support at around 1.6206
But my trade plan is my trade plan, and has serve me well for a long, time, very often, I is try to build sell postion and bulls here jump up and down, this is forex, sometimes it pays to look outside the square and trade pure pa, remember 95% of traders fail.
I have build lovely positions ladies, and now I going enjoy my rewards, pip meter is clicking
If you are new to Forex? Say Goodbye to your account!!
- #636,815
- Apr 30, 2012 8:18pm Apr 30, 2012 8:18pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
don't you feel cold
i have switched on heater inside my trading room
hahahahaah no bro, is beautiful sunny day here warm breeze, is paradise here.
green pips is keeping me warm, did you get 63 on brit, looking good
If you are new to Forex? Say Goodbye to your account!!
- #636,816
- Apr 30, 2012 8:20pm Apr 30, 2012 8:20pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
hahahahaah no bro, is beautiful sunny day here warm breeze, is paradise here.
green pips is keeping me warm, did you get 63 on brit, looking good
which one you use as monthly open , NY close or Tokyo open ?
Mohan
- #636,817
- Apr 30, 2012 8:31pm Apr 30, 2012 8:31pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
isn't kiwi land colder than Melbourne ? , if sunny let me know city name , i might come
which one you use as monthly open , NY close or Tokyo open ?
I will pm levels if you want check them out, last time I open mail box it was full of stuff, so may take little time
But key is not the levels but how they relate to sisters and swissy, and remember they monthly so swap have to micromanage especially aussie, as try explain above, is often contrary to many traders plan, but everyone need to find own plan and stick to that one, know it intimately, these ladies are like girlfriends, you need to dig deep to try understand them, then they be your friends, if is 1 night stand they burn your butt
Is looks like is either goning to be a long slow day, 1st fences were very close, but if ladies can start breaching, going to be a good day a good month
If you are new to Forex? Say Goodbye to your account!!
- #636,819
- Apr 30, 2012 8:35pm Apr 30, 2012 8:35pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
nope is a combination of all timezones, monthlys are hardest to do, but is worth the effort,
I will pm levels if you want check them out, last time I open mail box it was full of stuff, so may take little time
But key is not the levels but how they relate to sisters and swissy, and remember they monthly so swap have to micromanage especially aussie, as try explain above, is often contrary to many traders plan, but everyone need to find own plan and stick to that one, know it intimately, these ladies are like girlfriends, you...
love to receive pm from you
Mohan
- #636,820
- Apr 30, 2012 8:37pm Apr 30, 2012 8:37pm
hey, i got what you mean. by the way on lower time frames the success rate is lower... thats why i dont trade 1M and 5M...
its so annoying when price goes against technicals
-V-