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  • #14,441
  • May 8, 2012 3:42am May 8, 2012 3:42am
Quoting Chika Kure
More momentum in dead cow atm... Should have taken 10 pips, but was thinking that trade have more potential. Still holding, but I dont like PA at all.
Closing below 3015 is preferred for bears, and above 3032 for bulls. PA is very boring atm.
  • #14,442
  • May 8, 2012 3:50am May 8, 2012 3:50am
Here we go

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M1/m5 preferred TF atm.
  • #14,443
  • May 8, 2012 3:57am May 8, 2012 3:57am
Obviously not my day(s) to trade. To angry now, will see afternoon. As soon as I closed my order, price dropped... well, it happens.
  • #14,444
  • May 8, 2012 4:06am May 8, 2012 4:06am
Quoting Chika Kure
Obviously not my day(s) to trade. To angry now, will see afternoon. As soon as I closed my order, price dropped... well, it happens.
Thats why scaling out is ok when market is ranging heavily. Patience DOnt worry, there will be many more chances.
  • #14,445
  • May 8, 2012 4:32am May 8, 2012 4:32am
Quoting T@rantula
Thats why scaling out is ok when market is ranging heavily. Patience DOnt worry, there will be many more chances.
Here you go, another good sell into the resistance.

This time i made it with cable.

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  • #14,446
  • May 8, 2012 8:13am May 8, 2012 8:13am
Quoting T@rantula
This is how we stand today.

EU is bearish while below 3075 and target remains 2950. If it jumps above 3075 3130 and 3150 are targets. London projected top is 3063, while low is 3001. 3032 is median point.

So 3075 is intraday resistance. Bears currently have the advantage and sell on PBs is advised.
Low has been bought many times today. Levels stay the same.
  • #14,447
  • May 8, 2012 9:14am May 8, 2012 9:14am
3012 3001 2990 2974 2963 new levels.
  • #14,448
  • May 8, 2012 3:41pm May 8, 2012 3:41pm
for me is the trend up ...




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enigma4x
enjoy my life ... and ride the waves - all what I do
  • #14,449
  • May 8, 2012 4:57pm May 8, 2012 4:57pm
Quoting enigma4x
for me is the trend up ...




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enigma4x
you r still around ?
Hero calls followed by margin calls...
  • #14,450
  • May 8, 2012 8:06pm May 8, 2012 8:06pm
Quoting enigma4x
for me is the trend up ...




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enigma4x
Hey mate Wait for Asian accumulation then add if trend continuation is confirmed.
  • #14,451
  • May 9, 2012 2:10am May 9, 2012 2:10am
Pullback to yesterday low, short... 1.00873 & 1.00850
tp1 1.0056
tp2 1.0010

would like to see nice momentum and put SL to BE fast, otherwise would close this at BE.

Addon:
07:18 GMT... SL @ BE... +21 and +19
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  • #14,452
  • May 9, 2012 2:20am May 9, 2012 2:20am
Hi all, back to the trading desk. I'm keeping a close look at EUR/CHF as we are nearing the 1.20 threshold. Besides, there hasn't been any short covering as to yet, so I'm waiting for a decent pullback before putting a (heavy) short (maybe 1.308?).


T., well done for your No, we went down to 1.2966 so far today, so just 2 pips away from your No.
  • #14,453
  • May 9, 2012 3:34am May 9, 2012 3:34am
Quoting BrunargarFx
Hi all, back to the trading desk. I'm keeping a close look at EUR/CHF as we are nearing the 1.20 threshold. Besides, there hasn't been any short covering as to yet, so I'm waiting for a decent pullback before putting a (heavy) short (maybe 1.308?).


T., well done for your No, we went down to 1.2966 so far today, so just 2 pips away from your No.
Hey B, im glad you are back!

As for EU 3002 I have as London projected top while 2942 as London projected low.

The problem is 3080 is not in sight now, 3012 3031 and 3060 are resistance levels now so the pullback may be anchored to 3002 at the moment.

For EURCHF floor is at 1.2000, so its wise to pay attention to the pair.The pair is untradeable having its ATR around 5 pips. CB or SNB Intervention is the only thing that can move the pair.
  • #14,454
  • May 9, 2012 3:47am May 9, 2012 3:47am
Quoting Chika Kure
would close this at BE.

Addon:
07:18 GMT... SL @ BE... +21 and +19
  • #14,455
  • May 9, 2012 3:48am May 9, 2012 3:48am
We might have a PB now. 2975 3ple bottomed on m15.
  • #14,456
  • Edited 3:58am May 9, 2012 3:55am | Edited 3:58am
Recently LO is a joke... only a 10-25 pip move, then testing-retesting-testing-retesting... That means:
1) either you are gonna scalp
2) try to hold and having a bunch of BE
3) or just wont move your SL at all, cos you are sure of your trade
4) or trade without SL (not for me)

Obviously those times when London moved market 30-50-more pips in first hour are gone... Managed to scale only 1/3 of my AU short, rest was a mofo BE. After that scalped a little on Gold, so far for today a mere +0.4% and that is because +22 on AU was not enough for me.

EUR and GBP ranging, so that is why for me AUD (downtrend) and Gold (LL) were better choice.
Gold dropped like a brick yesterday and had a pullback to yesterday low same as AUD, you can see even a double top there on smaller TF... then again down to DS-1.

Real hard to me to decide wtf is scalp entry and what I can hold longer...
  • #14,457
  • May 9, 2012 3:57am May 9, 2012 3:57am
Quoting T@rantula
We might have a PB now. 2975 3ple bottomed on m15.
Butterknifed..

2942 remains as the first target it seems. No decent PB to enter short...
  • #14,458
  • May 9, 2012 4:39am May 9, 2012 4:39am
Quoting enigma4x
for me is the trend up ...




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enigma4x

Gotcha

put my sl on be ---

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hey phant - man - - yess I´m still alive :-)

and greatings to big spider man "t@rantula"

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #14,459
  • May 9, 2012 4:44am May 9, 2012 4:44am
Quoting enigma4x
Gotcha

put my sl on be ---

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hey phant - man - - yess I´m still alive :-)

and greatings to big spider man "t@rantula"

enigma4x
Maybe some scaling out to ensure profits?
  • #14,460
  • May 9, 2012 4:52am May 9, 2012 4:52am
Quoting T@rantula
Maybe some scaling out to ensure profits?


yeass forgot to write - took first tp -

I like it to play my sl - I know it is hard - often I will stopp out before my tp2 is reached but If my posi come thru - then is jackpot.

my posi from friday the second half is in the market too. Put thi ssl on be from the sencond scale in.

Sometimes I start with 1 or 2 lot and then I reached my final goal with more then 10 lots. I like it to scale in - if I find a trend wit a little bit luck ^^

cut ya losses short and let your winners run - the old schools legends say that. i try it

sometimes it is mentaly very rough but practise practise practise.

I try it that I´m not married with my cargos.

big spider man - just my point of view - og ... hope it helps a little bit in understanding - my way of trading - but thank u very much for ya suggestion. I understand it.

enigma4x
enjoy my life ... and ride the waves - all what I do
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