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  • #642,481
  • May 11, 2012 10:28am May 11, 2012 10:28am
Quoting omadivi
i might say u are lucky, but you have been right so far....lets hope we can laugh together when it hits 1.2970
Yeah, he's got some very nice number there.. That's all I have to say about that.
  • #642,482
  • May 11, 2012 10:32am May 11, 2012 10:32am
Quoting baherhosni
It seems like a choppy up-side-down head and shoulders. But its not very clear! And the volumes are no where near a powerful move against all the bears out there out to get you!

Although im stuck in in some long positions, I don't see a way out of my issue soon. And all the news are out for the week. But don't under estimate Friday yet!

Cheers to all
All I can see is a 50 pip range that won't even swing between its top and bottom cleanly. The day opened with a down of 50 pips, up 25, down 25, up 50, down 25, up 25.

Someone pointed out the 200ma on the 1hr but that is a weekend away before it gets to 2950.

All I know is I have a short stuck in the middle of the range and a -12pip on the account cos I was to stupid too close it

Now I am looking for M5 to retrace to the 29425 and if it looks promising short to get my 12 pips back.
  • #642,483
  • May 11, 2012 10:33am May 11, 2012 10:33am
Quoting Paulenok
I have taken screen and taken notes of that. Gonna post what I meant in like 6 hours. Off now.

Green pips all!
Happy to tell you what I was thinking in 6 hours as well, cos then I will know better and put the better answer
  • #642,484
  • May 11, 2012 10:34am May 11, 2012 10:34am
Sorry buddies couldn't update anymore.. Had an urgent call to the hospital. Family issues.. Had to try sorting that out.. Just logged in via mobile. As it stands my trading for the day ends here. Have a pipsy weekend..
  • #642,485
  • May 11, 2012 10:42am May 11, 2012 10:42am
Quoting attila
Yeah, he's got some very nice number there.. That's all I have to say about that.
what a pissy narrow ass range day (as it stands)..

Inserted Video
  • #642,486
  • May 11, 2012 10:45am May 11, 2012 10:45am
Quoting FibbinArchie
what a pissy narrow ass range day (as it stands)..

http://www.youtube.com/watch?v=Otm4RusESNU
That's exactly what I had in mind when I said it..
  • #642,487
  • May 11, 2012 10:46am May 11, 2012 10:46am
Quoting FibbinArchie
what a pissy narrow ass range day (as it stands)..

http://www.youtube.com/watch?v=Otm4RusESNU
that is exactly how I feel

but at least you cheered me up!
  • #642,488
  • May 11, 2012 10:47am May 11, 2012 10:47am
last year we hav 120 average daily range... last few week we hav 8x pips move,,,, now we hav 5x pips move on daily.... Do you still think can trade in EU ?,,,better looking for others pairs like AUD or GBP.... with a 50 pips per day,,, its only for scalpers,,,,
  • #642,489
  • May 11, 2012 10:48am May 11, 2012 10:48am
this is one heck of a sticky level. buyers are lurking
  • #642,490
  • May 11, 2012 10:49am May 11, 2012 10:49am
Quoting fxkiller


2910 should be again on table and 6070-50 on cable...
Back after a meeting..

GU dropped as I awaited and mentioned today morning..

thats what I was waiting for

TPs hit on my trades and I am out for this week. Cu all next week

green pips all
  • #642,491
  • May 11, 2012 10:53am May 11, 2012 10:53am
Quoting siaheng
last year we hav 120 average daily range... last few week we hav 8x pips move,,,, now we hav 5x pips move on daily.... Do you still think can trade in EU ?,,,better looking for others pairs like AUD or GBP.... with a 50 pips per day,,, its only for scalpers,,,,
The range is 50pips but there has been only one 50 pip move in the whole of the Eurpean session, the remaining moves have nearly all be 30 pips. If you are a gambler you can make the 10 in the middle but otherwise you are more likely to lose 10 pips. It is not just a scalping day, it is a day for very good scalpers and I a have a lot to learn to be one of those.
  • #642,492
  • May 11, 2012 11:13am May 11, 2012 11:13am
Quoting id5
....

Now I am looking for M5 to retrace to the 29425 and if it looks promising short to get my 12 pips back.
Retraced OK, trying the short with a very tight SL.
  • #642,493
  • May 11, 2012 11:28am May 11, 2012 11:28am
Quoting id5
Retraced OK, trying the short with a very tight SL.
I agree on the tight SLs.. A break of the range may trigger a hell lot of stops in any direction.. kind of scary after a long and agonizingly slow few days.
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #642,494
  • May 11, 2012 11:39am May 11, 2012 11:39am
Quoting id5
that is exactly how I feel

but at least you cheered me up!
i think a sense of humour is important in this business, as it can get a little stressful at times..
  • #642,495
  • May 11, 2012 11:45am May 11, 2012 11:45am
Quoting ZainabArabi
seems my signature is hurting u in some ways, so let me remove it for sake of better convo on this thread.
I dont know what your signature said before but isnt "Hedge fund manager" a bit extreme for someone who just blew up their $100 account.... again?
  • #642,496
  • May 11, 2012 11:57am May 11, 2012 11:57am
Quoting traderjai_inhi
I dont know what your signature said before but isnt "Hedge fund manager" a bit extreme for someone who just blew up their $100 account.... again?

$100 bux man.....that's like 100 pips on a mini account, or 1000 pips on a Micro account.
  • #642,497
  • May 11, 2012 11:58am May 11, 2012 11:58am
Quoting FibbinArchie
i think a sense of humour is important in this business, as it can get a little stressful at times..
Now there is a statement I agree with, I always finish the day by watching a comedy program, regardless of how bad life gets I can go to bed with a smile.
  • #642,498
  • May 11, 2012 12:27pm May 11, 2012 12:27pm
Quoting id5
Retraced OK, trying the short with a very tight SL.
Still in the short but doors to manual, let's see where it goes.
  • #642,499
  • May 11, 2012 12:31pm May 11, 2012 12:31pm
Quoting eliabreu
we`ll close the gap this week and then fly to @34 LoL
In my dreams...
  • #642,500
  • May 11, 2012 12:33pm May 11, 2012 12:33pm
Quoting eliabreu
In my dreams...
no one is ready to short this pair coz of support and no one wants to buy coz of fundamentals.lets see how it goes.
Hedge Fund Manager
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