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EURUSD

  • #645,361
  • May 21, 2012 9:55am May 21, 2012 9:55am
trying to take advantage of the bounce

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  • #645,362
  • May 21, 2012 9:57am May 21, 2012 9:57am
Quoting magicfx
1.2778 - then short! EUR/USD
If I short at that point, how long do you think I should keep that position open? Thank you!
Good trading to you!
  • #645,363
  • May 21, 2012 10:03am May 21, 2012 10:03am
Quoting Trader8888
If I short at that point, how long do you think I should keep that position open? Thank you!
Good trading to you!
Don't want to sound rude and I am not but first go to babypips.com and go trough their school. This thread deteriorate because of questions like that. If you are not sure if you should hold or close your position that mean your basic knowledge is at a very poor level. Go to baby pips and learn basics inside out then take it from there.
Good luck.
swing it!
  • #645,364
  • May 21, 2012 10:05am May 21, 2012 10:05am
77 almost gone now lets see what 82 does break of 82 and we are heading to 1.28
  • #645,365
  • May 21, 2012 10:07am May 21, 2012 10:07am
Quoting Johnny Bravo
1.27616 broken...we are on our way to test 1.27890
Bulls are back
I still don't like it might be temporary we are still in bear area 85/90 ahead.
swing it!
  • #645,366
  • May 21, 2012 10:08am May 21, 2012 10:08am
Quoting kaiza
77 almost gone now lets see what 82 does break of 82 and we are heading to 1.28
77 being tapped from the top a close above and i'll add to this long
  • #645,367
  • May 21, 2012 10:11am May 21, 2012 10:11am
Quoting tomspin
I still don't like it might be temporary we are still in bear area 85/90 ahead.
hmmm i can see plus just 1 hour left for my daily trading time to finish...no more trades after that...
+25pips today
all positions closed...
see you tomorrow guys at 9:00am
There are two opinions in this world, Mine and the wrong one...
  • #645,368
  • May 21, 2012 10:21am May 21, 2012 10:21am
resistance here closing my long waiting on the sidelines
  • #645,369
  • May 21, 2012 10:22am May 21, 2012 10:22am
Quoting kaiza
resistance here closing my long waiting on the sidelines
not too sure of a short right now, need 77 to be retested
  • #645,370
  • May 21, 2012 10:25am May 21, 2012 10:25am
Quoting kaiza
not too sure of a short right now, need 77 to be retested
Why are you unsure? Post a chart to explain....
  • #645,371
  • May 21, 2012 10:25am May 21, 2012 10:25am
at least 80 pips - (144 at a precise guess) but do not go short yet as it has not hit 1.2778
  • #645,372
  • May 21, 2012 10:30am May 21, 2012 10:30am
Quoting magicfx
at least 80 pips - (144 at a precise guess) but do not go short yet as it has not hit 1.2778
Thanks for the tip.
  • #645,373
  • May 21, 2012 10:34am May 21, 2012 10:34am
how is my chart view ? any idea to improve layout ?
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Mohan
  • #645,374
  • May 21, 2012 10:39am May 21, 2012 10:39am
Quoting mohan76
how is my chart view ? any idea to improve layout ?
Move your toolbar with zoom in/out and themes next to your TF toolbar it is not much but always something extra, how's your relation with AM ( if I am not mistaken) I do have a standard one I wonder if its a real ECN or just false claims.
swing it!
  • #645,375
  • May 21, 2012 10:43am May 21, 2012 10:43am
Quoting kakadoo
second target passed and price stopped near the level but today there was a second chance to enter long again but due to internet connectivity problem i couldn't post the screenshot earlier
now first target is passed but second part of the trade is on its journey. stop is at 1.2721
now i am going to move SL candle by candle and if couldn't see any new high i will close the second part of the long position

still there is no divergence but we should consider it specially in this maybe up/maybe down moving market
(from my point of view this is not a range)
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  • #645,376
  • May 21, 2012 10:45am May 21, 2012 10:45am
Is not the doji mean bearish????
  • #645,377
  • May 21, 2012 10:48am May 21, 2012 10:48am
Quoting mohan76
how is my chart view ? any idea to improve layout ?
perfect enough for getting millions but i prefer to forget every thing especially under M15 unless i have an 50k account
  • #645,378
  • May 21, 2012 10:50am May 21, 2012 10:50am
Quoting kibrul
Is not the doji mean bearish????
you can not count on candles formation without other confirmations at least you must use them with fibo levels
  • #645,379
  • May 21, 2012 10:52am May 21, 2012 10:52am
It should get there now
watch the 15 minute chart for something like
this to form at 1.2778
* * -------Tops level
* *
* *
* *
* *
* *
*--------Sell signal
  • #645,380
  • May 21, 2012 10:55am May 21, 2012 10:55am
Quoting tomspin
Move your toolbar with zoom in/out and themes next to your TF toolbar it is not much but always something extra, how's your relation with AM ( if I am not mistaken) I do have a standard one I wonder if its a real ECN or just false claims.
thanks , gain 2 cm ,thinking about adding small 30m

AM ? assuming a broker , no i am not with ECN , i am with regulated bucket shop (MM/STP) and using live mt4 from another bracket shop for charting
Mohan
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