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  • #665,141
  • Jul 4, 2012 10:32am Jul 4, 2012 10:32am
Quoting Afarensis
maybe another short if it break 1.2520??
US is on holiday and london closing soon. dont think much can happen today anymore
  • #665,142
  • Jul 4, 2012 10:35am Jul 4, 2012 10:35am
Quoting shmandi
US is on holiday and london closing soon. dont think much can happen today anymore
it just bounced off the s2, so it might drift somewhat down
if it breaks it then about what i just said
  • #665,143
  • Jul 4, 2012 10:36am Jul 4, 2012 10:36am
If you scroll down to 3:53PM, you'll see news that may explain the drop in the Euro.
http://www.guardian.co.uk/business/2...e-troika-talks
  • #665,144
  • Jul 4, 2012 10:38am Jul 4, 2012 10:38am
Quoting undertaker66
it just bounced off the s2, so it might drift somewhat down
if it breaks it then about what i just said
Thats what im looking for. Prob wont happen untill asia session now though
  • #665,145
  • Jul 4, 2012 10:46am Jul 4, 2012 10:46am
Quoting Afarensis
now...what hapenned... i think re enter a short 1.2550
now market goes flat or one directional, movements was done by stops triggered.

Now its just flat LOL. happy waiting
  • #665,146
  • Jul 4, 2012 11:01am Jul 4, 2012 11:01am
Quoting MaxDoom
Daily: Still in correction 1.328x to 1.228x (invalid once broken)
On possible wave C of simple ABC correction target cluster is 1.282x to 1.294x.
Hourly: In correction of move up 1.240x to 1.269x (invalid once broken)
Flat ABC pattern emerging with possbile range play between 1.262x and 1.255x.
Possible wave C giving targets of 1.255x to 1.250x but we saw almost that price yesterday so it maybe done already.
Summary: expect run to test 1.269x but possible dip first down towards 1.250x which could easily fail around...
take some time out and come back to see it has made it all the way down to that 1.250x

the longs are in place
  • #665,147
  • Jul 4, 2012 11:10am Jul 4, 2012 11:10am
I think 1.2520 - 1.2490 will play good support and after that will go like a rocket for 1.2830. Because already the market sell the rummor and tommorow will buy the new
  • #665,148
  • Jul 4, 2012 11:11am Jul 4, 2012 11:11am
ah ha another ones bites the dust.

his mate there was suspended yesterday
Attached Image
  • #665,149
  • Jul 4, 2012 11:22am Jul 4, 2012 11:22am
Quoting shmandi
i have nothing against him, it is just that he maybe needs a lesson that nothing is certain in forex. he needs some modesty
yeah a new lesson,tomorrow is new day,may be good day
Sometimes it's better to be wrong,to learn..
  • #665,150
  • Jul 4, 2012 11:25am Jul 4, 2012 11:25am
We have been in that situation before.

Charts say it all.

After short pull over 200 DSMA on 4H chart we are bound to larger south move.
Attached Image(s) (click to enlarge)
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  • #665,151
  • Jul 4, 2012 11:25am Jul 4, 2012 11:25am
Quoting MaxDoom
ah ha another ones bites the dust.

his mate there was suspended yesterday
Well to be honest I don't see the point of these so called "traders" to come here and insult people, criticize their opinions and then act as if they are holier than thou.

I truly hope that they learn to be a little more humble and respectful towards others - no matter how wrong they think someone is. It costs nothing to speak to someone normally, so why the hell do people keep insulting others?
  • #665,152
  • Jul 4, 2012 11:33am Jul 4, 2012 11:33am
Quoting Spik
We have been in that situation before.

Charts say it all.

After short pull over 200 DSMA on 4H chart we are bound to larger south move.
Chart is similar 100 ema is broken too
  • #665,153
  • Jul 4, 2012 11:33am Jul 4, 2012 11:33am
Quoting KiNgEdwarD
yeah a new lesson,tomorrow is new day,may be good day
Here is a good exercise for you, try to pick trades that required no more than 15 pips SL and RR at least 3:1
Mate 60 pips sl should be used on daily and weekly charts and even that is too much imo,
swing it!
  • #665,154
  • Jul 4, 2012 11:40am Jul 4, 2012 11:40am
Quoting tomspin
Here is a good exercise for you, try to pick trades that required no more than 15 pips SL and RR at least 3:1
Mate 60 pips sl should be used on daily and weekly charts and even that is too much imo,
from last two days something very wrong is with me,opened the most stupid trades at stupidest prices,will try to not repeat again
Sometimes it's better to be wrong,to learn..
  • #665,155
  • Jul 4, 2012 11:43am Jul 4, 2012 11:43am
Quoting Xantor
Well to be honest I don't see the point of these so called "traders" to come here and insult people, criticize their opinions and then act as if they are holier than thou.

I truly hope that they learn to be a little more humble and respectful towards others - no matter how wrong they think someone is. It costs nothing to speak to someone normally, so why the hell do people keep insulting others?
It's what insecure traders do. That's how you can tell them apart.
  • #665,156
  • Jul 4, 2012 11:43am Jul 4, 2012 11:43am
Quoting KiNgEdwarD
from last two days something very wrong is with me,opened the most stupid trades at stupidest prices,will try to not repeat again
hey...u want a good trade, try a AU short...the r/r is pretty good...Aud is the only pair lagging, gold has been holding it up...just a thought!!..

trade at your own risk...
It is possible to make large sums trading, small losses, large wins
  • #665,157
  • Jul 4, 2012 11:43am Jul 4, 2012 11:43am
Quoting KiNgEdwarD
from last two days something very wrong is with me,opened the most stupid trades at stupidest prices,will try to not repeat again
If you know the mistakes, you can learn from it, good luck.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #665,158
  • Jul 4, 2012 11:48am Jul 4, 2012 11:48am
Quoting KiNgEdwarD
from last two days something very wrong is with me,opened the most stupid trades at stupidest prices,will try to not repeat again
It will take time. After all these years, can't say I am doing very well. Once I thought I got it, next I was hit pretty bad.
  • #665,159
  • Jul 4, 2012 11:48am Jul 4, 2012 11:48am
Quoting KiNgEdwarD
from last two days something very wrong is with me,opened the most stupid trades at stupidest prices,will try to not repeat again

well chap try really hard, cos today was a repeat of yesterday for you on here...

try and do some proper S&R analysis it will set you up for whatever kind of trading you want to do.
  • #665,160
  • Jul 4, 2012 11:54am Jul 4, 2012 11:54am
Quoting MaxDoom
take some time out and come back to see it has made it all the way down to that 1.250x

the longs are in place
What do you mean by ''all the way down''... it's far from over.......
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