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  • #14,481
  • May 10, 2012 6:10am May 10, 2012 6:10am
Quoting Chika Kure
cable - cant really understand market reaction now... rate unchanged, other news also same as forecast... wtf...
I usually stay off when sterling pound news are being released. Wait for things to settle up a bit. EU is excellent to trade today. Sell on PBs..
  • #14,482
  • May 10, 2012 6:58am May 10, 2012 6:58am
PB to 2985-3000 is possible if todays HH is broken ( 2968). Pay close attention.
  • #14,483
  • May 10, 2012 8:09am May 10, 2012 8:09am
Momentum shifting to the upside. Median point @ 2946 all above is longs, targeting 2985 -3000.
  • #14,484
  • May 10, 2012 8:14am May 10, 2012 8:14am
Quoting T@rantula
Momentum shifting to the upside. Median point @ 2946 all above is longs, targeting 2985 -3000.
Managing positions is as important as picking entries and placing stops.

Never have bias, trade what market gives you, and always respect Mr.Market.

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  • #14,485
  • May 10, 2012 8:26am May 10, 2012 8:26am
55 pips today

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  • #14,486
  • May 10, 2012 8:52am May 10, 2012 8:52am
Quoting T@rantula
55 pips today
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  • #14,487
  • May 10, 2012 9:06am May 10, 2012 9:06am
Quoting Chika Kure
  • #14,488
  • May 10, 2012 9:38am May 10, 2012 9:38am
we r struggling to break the 50EMA on H1 (1.2971). If we break it, next stop is 1.303 in my books. Tails on M5 suggest further up
I'd like to see 1.308 by tomorrow so that I can short it.
I'm currently long @ 1.295, TP1 1.3030, SL @BE now
  • #14,489
  • May 10, 2012 10:10am May 10, 2012 10:10am
B/O
Reloaded L 1.2955, same target, SL 20points
Quoting BrunargarFx
we r struggling to break the 50EMA on H1 (1.2971). If we break it, next stop is 1.303 in my books. Tails on M5 suggest further up
I'd like to see 1.308 by tomorrow so that I can short it.
I'm currently long @ 1.295, TP1 1.3030, SL @BE now
  • #14,490
  • May 10, 2012 3:26pm May 10, 2012 3:26pm
Quoting T@rantula
55 pips today

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rock´n roll ...

i try a long gbpjpy ... mmmh

greetings enigma4x
enjoy my life ... and ride the waves - all what I do
  • #14,491
  • Edited 7:15pm May 10, 2012 6:56pm | Edited 7:15pm
Quoting enigma4x


rock´n roll ...

i try a long gbpjpy ... mmmh

greetings enigma4x

typical we have in jpy in the eu open and asia close an decission on friday ...

yess I know that is risky but I play this mfer ...

add 2 f***in longs to the hood ... greetings to asia

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so I´m always open for all - it is a mental thing - let the market decide ...

the market is like a symphonie

Inserted Video


enigma4x

p.s. I´m not a scalper I´m a trader - see all in longterm - I ve learned from bemac (one of my favoriete traders what ive ever seen) -> traderz looking into the future and scalper to the traders ...

trdaers move the market in longterm - scalper in shortterm
enjoy my life ... and ride the waves - all what I do
  • #14,492
  • May 11, 2012 1:29am May 11, 2012 1:29am
S/O: -20pts
Quoting BrunargarFx
B/O
Reloaded L 1.2955, same target, SL 20points
  • #14,493
  • May 11, 2012 3:56am May 11, 2012 3:56am
Reopened L @ 1.2925, SL 1.29, TP 1.3080 - 1.311 and then Sell order @ 1.3100
This should correspond to a retest of the broken LTL and 50% retrace from last week's move. But the fundies haven't changed, Euro is going down
  • #14,494
  • May 11, 2012 5:34am May 11, 2012 5:34am
Quoting enigma4x
typical we have in jpy in the eu open and asia close an decission on friday ...

yess I know that is risky but I play this mfer ...

add 2 f***in longs to the hood ... greetings to asia

Attachment

so I´m always open for all - it is a mental thing - let the market decide ...

the market is like a symphonie
enigma4x

p.s. I´m not a scalper I´m a trader - see all in longterm - I ve learned from bemac (one of my favoriete traders what ive ever seen) -> traderz looking into the future and scalper to the traders ...

trdaers...
Nice entry Stef! I was late yesterday to see your enry post.

I personally use 4 strategies to gain profits: scalping, swing scalping, breakout, and swing counter trading.

I rarely do set and forget trades as I have learnt overtime that i can do much more profit with slightly more risk with being much more active.
  • #14,495
  • May 11, 2012 5:37am May 11, 2012 5:37am
Quoting BrunargarFx
Reopened L @ 1.2925, SL 1.29, TP 1.3080 - 1.311 and then Sell order @ 1.3100
This should correspond to a retest of the broken LTL and 50% retrace from last week's move. But the fundies haven't changed, Euro is going down
We are still in that 2900-2985 range. 2 days in a row market has missed a chance to break thru 2900, m5/m15 switch to bullish and Friday profit taking can propel us above 2985. ALl above 2946 is bulls.
  • #14,496
  • May 11, 2012 5:42am May 11, 2012 5:42am
13:30 gmt US release data should bring more volatility, yet London noon is close, we should see more movement.
  • #14,497
  • May 11, 2012 5:57am May 11, 2012 5:57am
2929 is median point now.

Bullish: 2931 2944 2952 2960 2964 ( London projected high) > above that 2985 3000 ( in NY session)

Bearish: 2905 2897 2890 2882 2877 ( London projected low)> below that 2865>2855 ( NY session)
  • #14,498
  • May 11, 2012 7:06am May 11, 2012 7:06am
Indeed, we have two rejections of 1.2905 -> FAILURE TO GET THROUGH 1.29...
Hopefuly some profit taking today Friday... Also, if you draw the UTL from the 07/05 til today, we r clearly trying to break it. 50EMA on H1 is keeping us down atm.


Next stop would be 1.30 but as stated before, I think we could see 1.3080.
I'll be shorting from there


L STILL OPEN, WAITING FOR NY

Quoting T@rantula
We are still in that 2900-2985 range. 2 days in a row market has missed a chance to break thru 2900, m5/m15 switch to bullish and Friday profit taking can propel us above 2985. ALl above 2946 is bulls.
  • #14,499
  • May 11, 2012 8:33am May 11, 2012 8:33am
S/O @BE
I'm not in the zonre these days..
I bet It's going to go up now that my position is closed


Quoting BrunargarFx
Indeed, we have two rejections of 1.2905 -> FAILURE TO GET THROUGH 1.29...
Hopefuly some profit taking today Friday... Also, if you draw the UTL from the 07/05 til today, we r clearly trying to break it. 50EMA on H1 is keeping us down atm.


Next stop would be 1.30 but as stated before, I think we could see 1.3080.
I'll be shorting from there


L STILL OPEN, WAITING FOR NY
  • #14,500
  • May 11, 2012 8:56am May 11, 2012 8:56am
Buhuuuhu


Quoting BrunargarFx
Indeed, we have two rejections of 1.2905 -> FAILURE TO GET THROUGH 1.29...
Hopefuly some profit taking today Friday... Also, if you draw the UTL from the 07/05 til today, we r clearly trying to break it. 50EMA on H1 is keeping us down atm.


Next stop would be 1.30 but as stated before, I think we could see 1.3080.
I'll be shorting from there


L STILL OPEN, WAITING FOR NY
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