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  • #648,961
  • May 29, 2012 8:12am May 29, 2012 8:12am
Quoting saqoli
can you please explain your strategy for me? I want to learn
I base my strategy on specific levels, S/R i've drawn months ago.
Then i look how the price is reacting around this specific level. 60mn chart is the most reliable chart to me.
Based on where 60mn candle closes (looking at high/low too) i take a position, regarding my 5mn chart for better entries/exit.

I couldn't find an easier strategy for me. But everybody's different
COT: The precious data ignored
  • #648,962
  • May 29, 2012 8:14am May 29, 2012 8:14am
Quoting Esssex
55?
yup that would work also
if that fails for short i got 1.25200...either one hit first

Edit :
Descision time coming up on this 15min candle
There are two opinions in this world, Mine and the wrong one...
  • #648,963
  • May 29, 2012 8:16am May 29, 2012 8:16am
I hope I am wrong. no position taken.
  • #648,964
  • May 29, 2012 8:17am May 29, 2012 8:17am
Come on and break 1.25 already. On the other hand on the H1 and H4 charts it looks to me like eurusd is consolidating last few days. Might be the sign to short carefully since a rebound might be possible to 1.27x?
  • #648,965
  • May 29, 2012 8:19am May 29, 2012 8:19am
still holding short 46 SL 55
Trade What You See Not What You Want To See
  • #648,966
  • May 29, 2012 8:20am May 29, 2012 8:20am
Quoting Nachiket
I hope I am wrong. no position taken.
We're in NO MAN's land right here. it's either over 60, or under 30. Bad trading day today, rangebound and no liquidity.

Let's see if they aren't preparing us something.
Please, just slap me around if I'm being silly ...
  • #648,967
  • May 29, 2012 8:21am May 29, 2012 8:21am
Quoting daemon_delux
We're in NO MAN's land right here. it's either over 60, or under 30. Bad trading day today, rangebound and no liquidity.

Let's see if they aren't preparing us something.
ya i only made 40 pips that too on low margin.
  • #648,968
  • May 29, 2012 8:22am May 29, 2012 8:22am
Quoting pipsallday
still holding short 46 SL 55
lol looks like you have a short with 1million lots...price cant break 55
There are two opinions in this world, Mine and the wrong one...
  • #648,969
  • May 29, 2012 8:23am May 29, 2012 8:23am
Quoting Johnny Bravo
lol looks like you have a short with 1million lots...price cant break 55
come on 2,000,000
Trade What You See Not What You Want To See
  • #648,970
  • May 29, 2012 8:23am May 29, 2012 8:23am
Quoting Johnny Bravo
lol looks like you have a short with 1million lots...price cant break 55
If I had the financiary capacity of being short with that sum (1mil lots = 100bn $), believe me ... we would've broken 1.25 already.
Please, just slap me around if I'm being silly ...
  • #648,971
  • May 29, 2012 8:24am May 29, 2012 8:24am
Quoting kuroro001
I base my strategy on specific levels, S/R i've drawn months ago.
Then i look how the price is reacting around this specific level. 60mn chart is the most reliable chart to me.
Based on where 60mn candle closes (looking at high/low too) i take a position, regarding my 5mn chart for better entries/exit.

I couldn't find an easier strategy for me. But everybody's different
Not so different you know
swing it!
  • #648,972
  • May 29, 2012 8:25am May 29, 2012 8:25am
Quoting kuroro001
I'm waiting for the right setup based on my analysis.
I don't care if somebody makes 10 or 100 pips and i make nothing.

I've made pips today, but i don't mention scalps, no point
exactly , if we plane correctly 10 ~20 pip per day more than enough
Mohan
  • #648,973
  • May 29, 2012 8:25am May 29, 2012 8:25am
Im still banking on a push down from here... May or may to happen. But that looks like a lower high on 5 min and no orders around the outside of the support and resistance hoping it gets sucked down
  • #648,974
  • May 29, 2012 8:26am May 29, 2012 8:26am
Quoting Esssex
Not entering this market. Fundamentals are in disarray and it is reflected on the charts.

Directionless.
As a self proclaimed narcissist, I hereby quote my unbelievable sexy self from 4hours ago.
  • #648,975
  • May 29, 2012 8:27am May 29, 2012 8:27am
Quoting Esssex
As a self proclaimed narcissist, I hereby quote my unbelievable sexy self from 4hours ago.
=)))) you made my day. =))))
Please, just slap me around if I'm being silly ...
  • #648,976
  • May 29, 2012 8:31am May 29, 2012 8:31am
short 46 TP 32 + 14 pips
Trade What You See Not What You Want To See
  • #648,977
  • May 29, 2012 8:31am May 29, 2012 8:31am
How two people can look at the same chart and see totally different potential outcomes


Personally, all I see are shorting opportunities - although I can see the case for going long IF your only going to intraday trade
  • #648,978
  • May 29, 2012 8:34am May 29, 2012 8:34am
Quoting pipsallday
short 46 TP 32 + 14 pips
  • #648,979
  • May 29, 2012 8:35am May 29, 2012 8:35am
that was beautiful
Trade What You See Not What You Want To See
  • #648,980
  • May 29, 2012 8:36am May 29, 2012 8:36am
Quoting fxanonymous
so..... what the hell was that?
seashow up and down

looks some headline
DJ
"Belgium's (CB) National Bank (NBB) has reduced its exposure to sovereign debt from the Eurozone periphery by not renewing expiring securities, and instead using resources to buy Belgian government paper"
Mohan
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