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  • #673,781
  • Aug 1, 2012 2:37am Aug 1, 2012 2:37am
I'm short at 1.2325; SL 1.2375; TP 1.2245.

Reason 1 - It's the 61.8 Fib on the 1 hour.
Reason 2 - Resistance
Reason 3 - Could be Right hand shoulder of H&S / crown formation.

Lets see how this pans out.
May the forex be with you |
  • #673,782
  • Aug 1, 2012 2:38am Aug 1, 2012 2:38am
Quoting mian_miansab
Market is look like slow i think.
i am a newbie and i want to learn more from your guys...
i hope u will help me.
The world "hope" is not appropriate in trading. Shoot and lets see if we can help.
"Men who can both be right and sit tight are uncommon."
  • #673,783
  • Aug 1, 2012 2:40am Aug 1, 2012 2:40am
Quoting FXFundi
I'm short at 1.2325; SL 1.2375; TP 1.2245.

Reason 1 - It's the 61.8 Fib on the 1 hour.
Reason 2 - Resistance
Reason 3 - Could be Right hand shoulder of H&S / crown formation.

Lets see how this pans out.
right there with u fundi I shorted at 28
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,784
  • Aug 1, 2012 2:40am Aug 1, 2012 2:40am
sorry have been dealing with kids!!

Open Trades

GBP 1.5669
EUR @ 1.2325
GBP @ 1.5687
  • #673,785
  • Aug 1, 2012 2:42am Aug 1, 2012 2:42am
Quoting fxrustyspoon
right there with u fundi I shorted at 28
Good on ya, Rusty - where's your SL. Might be wise to put it 5 pips above the high at around 1.2395?
May the forex be with you |
  • #673,786
  • Aug 1, 2012 2:42am Aug 1, 2012 2:42am
I smell scared money with the ib's
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,787
  • Aug 1, 2012 2:42am Aug 1, 2012 2:42am
Quoting Dayboy001
sorry have been dealing with kids!!

Open Trades

GBP 1.5669
EUR @ 1.2325
GBP @ 1.5687
Short or long ??
  • #673,788
  • Aug 1, 2012 2:44am Aug 1, 2012 2:44am
Quoting fxrustyspoon
I smell scared money with the ib's
bbp finally lower from 00.14 to 0012
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,789
  • Aug 1, 2012 2:45am Aug 1, 2012 2:45am
Quoting mian_miansab
Short or long ??
sorry, I thought it was obvious from earlier posts, all short.

  • #673,790
  • Aug 1, 2012 2:46am Aug 1, 2012 2:46am
Quoting MaxDoom
shorted
Made a small profit on my short from last night.

Tried another around 1.2330 but stopped out when it moved above the previous high.

Short again now from 1.2327.
  • #673,791
  • Aug 1, 2012 2:47am Aug 1, 2012 2:47am
Quoting Dayboy001
sorry, I thought it was obvious from earlier posts, all short.

just want to re insure my self...

thanks
  • #673,792
  • Aug 1, 2012 2:47am Aug 1, 2012 2:47am
Quoting Dayboy001
sorry, I thought it was obvious from earlier posts, all short.

hey dayboy are you trading today at 1415 est.?
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,793
  • Aug 1, 2012 2:48am Aug 1, 2012 2:48am
sell @ 2318 tp 1.2275,sl 1.2356
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Sometimes it's better to be wrong,to learn..
  • #673,794
  • Aug 1, 2012 2:48am Aug 1, 2012 2:48am
I think its too early for a Short ... i can't see an opportunity for either Long or Short ! G/L for everyone
"It's the Margin, Stupid."
  • #673,795
  • Aug 1, 2012 2:48am Aug 1, 2012 2:48am
Quoting MaxDoom
shorted
target?
  • #673,796
  • Aug 1, 2012 2:48am Aug 1, 2012 2:48am
Why No MT4 in any of the broker in India??, any Indians here, answer
  • #673,797
  • Aug 1, 2012 2:49am Aug 1, 2012 2:49am
French Manufacturing PMI (Jul F) M/M 43.4 vs. Exp. 43.6 (Prev. 43.6) next is german
Mohan
  • #673,798
  • Aug 1, 2012 2:52am Aug 1, 2012 2:52am
Quoting rsmith911
Made a small profit on my short from last night.

Tried another around 1.2330 but stopped out when it moved above the previous high.

Short again now from 1.2327.
need to be careful today, if it does not break below 1.23 start thinking about protection..... apart from that I am still shooting for 1.221x
  • #673,799
  • Aug 1, 2012 2:52am Aug 1, 2012 2:52am
Quoting fxrustyspoon
hey dayboy are you trading today at 1415 est.?
generally trade up to lunch time uk ( GMT +1 (BST))

although I am always around

why ?
  • #673,800
  • Aug 1, 2012 2:53am Aug 1, 2012 2:53am
German Manufacturing PMI (Jul F) M/M 43.0 vs. Prev. 43.3 (Prev. 43.3) , next Greek and Europe

dax not showing weakness.
Mohan
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