EurAnalysis | Page 1604 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #32,061
  • May 23, 2012 1:45pm May 23, 2012 1:45pm
I'm off everyone. Take care and enjoy the short covering rally. Tomorrow is another day (even though I made a decent gain today still feels like a loser, the gain was mostly because of PTs EJ trade though)
An opportunity lost is not a capital cost.
  • #32,062
  • May 23, 2012 2:28pm May 23, 2012 2:28pm
Quoting BFSGcapital
I know I do need to step away. Its hard when market moves like this though, doesn't happen everyday. Hard to step away.

Reason I'm beating myself up isn't because of just a few missed opportunities, it's been this way for a couple months with me now. But today was really bad with the missed opportunities.

Yeah, I need to go clear my head. It's amazing how lack of performance can change my whole mood and when I'm performing well, it's like nothing can stop me in any aspect of life.

It's less about the opportunity for great money, and more about...
Look you are suffering from the Greedy bastard syndrome.
All Greedy bastards have this in bred into your DNA
Change your trading style,or reduce risk for a while.Stress is caused by going for bigger returns in short time frames.I have changed to small trades which will all hit profit,it just takes longer.I had to change my trading to win at this.
  • #32,063
  • May 23, 2012 2:50pm May 23, 2012 2:50pm
Quoting Luis Carlos
1 min chart retracement with targets, NEAR TERM!!! that means that could be higher without problems, because A B could be 1 2 and there is a lot more up correction.
Better count with targets
Attached Image (click to enlarge)
Click to Enlarge Name: eu1min.png Size: 60 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,064
  • May 23, 2012 3:18pm May 23, 2012 3:18pm
I think its time for bulls to come but first we have to see how D1 close...D1 on my chart is showing nice support around 1.2535-45 so we can have nice retrace which we are looking for since few weeks...
Attached Image
Bulls Run. Bears Bite. We Profit.
  • #32,065
  • May 23, 2012 3:31pm May 23, 2012 3:31pm
Attached Image (click to enlarge)
Click to Enlarge Name: ForexLive.jpg Size: 165 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #32,066
  • May 23, 2012 3:35pm May 23, 2012 3:35pm
E/J 100.10 Sell Limit triggered
Attached Image (click to enlarge)
Click to Enlarge Name: ej-h1.gif Size: 54 KB


E/U 1.2590 Sell Limit triggered
Attached Image (click to enlarge)
Click to Enlarge Name: eu-h1.gif Size: 58 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #32,067
  • May 23, 2012 3:45pm May 23, 2012 3:45pm
Quoting PipTrapper
E/J 100.10 Sell Limit triggered
Attachment

E/U 1.2590 Sell Limit triggered
Attachment
Guys dont follow PT he know about his leverage , MM etc so he know what he is doing because it can be risky trade and if someone want to trade , trade with tight stop .... Just an advice , so do whatever you feel is better...
Bulls Run. Bears Bite. We Profit.
  • #32,068
  • May 23, 2012 3:50pm May 23, 2012 3:50pm
Quoting Harpe Eagle
Guys dont follow PT he know about his leverage , MM etc so he know what he is doing because it can be risky trade and if someone want to trade , trade with tight stop .... Just an advice , so do whatever you feel is better...
Yes good advice
Those who say it cannot be done should not interrupt those who are doing it
  • #32,069
  • May 23, 2012 3:54pm May 23, 2012 3:54pm
Quoting PipTrapper
E/J 100.10 Sell Limit triggered
Attachment

E/U 1.2590 Sell Limit triggered
Attachment
Great I am too 1.25915, Dont be greedy, listen to Harpe!
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,070
  • May 23, 2012 3:56pm May 23, 2012 3:56pm
Quoting Harpe Eagle
Guys dont follow PT he know about his leverage , MM etc so he know what he is doing because it can be risky trade and if someone want to trade , trade with tight stop .... Just an advice , so do whatever you feel is better...
Why do you think is going up?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,071
  • May 23, 2012 3:58pm May 23, 2012 3:58pm
Quoting Luis Carlos
Why do you think is going up?
I don't think Harpe believes it is going up. He is just following the market logic of not selling lows, and he is correct. It is outside the normal risk profile he has learned. The only reason I am taking the risk is because I have so many other shorts in good green pips that I can afford to risk a little. Just to be clear, these positions are very small compared to my other positions.
Those who say it cannot be done should not interrupt those who are doing it
  • #32,072
  • May 23, 2012 4:04pm May 23, 2012 4:04pm
may be price follow this path on pitchfork.this is on 30 min chart with target 1.2620
Attached Image (click to enlarge)
Click to Enlarge Name: hourly chart.gif Size: 17 KB
Allah has permitted trade and has forbidden interest [koran]
  • #32,073
  • May 23, 2012 4:13pm May 23, 2012 4:13pm
Quoting PipTrapper
I don't think Harpe believes it is going up. He is just following the market logic of not selling lows, and he is correct. It is outside the normal risk profile he has learned. The only reason I am taking the risk is because I have so many other shorts in good green pips that I can afford to risk a little. Just to be clear, these positions are very small compared to my other positions.
Because I am still waiting the correction and I believe that. I hope dont die waiting that
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,074
  • May 23, 2012 4:16pm May 23, 2012 4:16pm
Quoting Luis Carlos
Why do you think is going up?
Quoting PipTrapper
I don't think Harpe believes it is going up. He is just following the market logic of not selling lows, and he is correct. It is outside the normal risk profile he has learned. The only reason I am taking the risk is because I have so many other shorts in good green pips that I can afford to risk a little. Just to be clear, these positions are very small compared to my other positions.
Correct .....this is the most important reason why I advised it...

Secondly because of my D1 chart showing some support around 1.2535-45 but I am not 100% convinced because market is moving more on news then technical...And secondly PT is the master of this game he knows what he is doing thats why I advised it
Attached Image (click to enlarge)
Click to Enlarge Name: eu.d.gif Size: 19 KB
Bulls Run. Bears Bite. We Profit.
  • #32,075
  • May 23, 2012 4:18pm May 23, 2012 4:18pm
Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #32,076
  • May 23, 2012 4:25pm May 23, 2012 4:25pm
Looking for reenter on 1.2592 (wave 2 finished), Targets 1.2535, 1.2515. Then watch
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,077
  • May 23, 2012 4:28pm May 23, 2012 4:28pm
Quoting Luis Carlos
Looking for reenter on 1.2592 (wave 2 finished), Targets 1.2535, 1.2515. Then watch
Those who say it cannot be done should not interrupt those who are doing it
  • #32,078
  • May 23, 2012 4:34pm May 23, 2012 4:34pm
Quoting Luis Carlos
Looking for reenter on 1.2592 (wave 2 finished), Targets 1.2535, 1.2515. Then watch
the chart
Attached Image (click to enlarge)
Click to Enlarge Name: eu23.05.12.3.PNG Size: 56 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #32,079
  • May 23, 2012 5:09pm May 23, 2012 5:09pm
Quoting Luis Carlos
the chart
I Was not watching the markets the last 2 hours from 2 PM

MORE QE?
  • #32,080
  • May 23, 2012 5:19pm May 23, 2012 5:19pm
Quoting CurrencyMan
I Was not watching the markets the last 2 hours from 2 PM

MORE QE?
No it was just a short covering due to the pending press conference by Van Rompuy... who by the way was supposed to hold it at 23:00 Brussels time and has still not shown up. He must have choked on a brussels sprout during dinner.
Those who say it cannot be done should not interrupt those who are doing it
15 traders viewing now