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  • #677,321
  • Aug 8, 2012 8:26am Aug 8, 2012 8:26am
A lot of people have cited dojis on the dailies as a sign for reversal....i think thats a very biased view...to me, dojis simply mean indecision....from there on,you start looking out for a break of resistance or support...just my 2cents...

green pips to all
It is possible to make large sums trading, small losses, large wins
  • #677,322
  • Aug 8, 2012 8:33am Aug 8, 2012 8:33am
bull losing stream i am heading back to bed my long still in be , close below 65 might invite sellers , close below 43 sos
Mohan
  • #677,323
  • Aug 8, 2012 8:33am Aug 8, 2012 8:33am
Quoting omadivi
A lot of people have cited dojis on the dailies as a sign for reversal....i think thats a very biased view...to me, dojis simply mean indecision....from there on,you start looking out for a break of resistance or support...just my 2cents...

green pips to all
yep, that's why today's close is important
swing it!
  • #677,324
  • Aug 8, 2012 8:33am Aug 8, 2012 8:33am
Quoting Vachus
What was your entry for this long ?

it was 2344

but closed now just taken a short @ 66
  • #677,325
  • Aug 8, 2012 8:35am Aug 8, 2012 8:35am
Any speculation on the 30 min jump from 1.23456 to about 1.23700 during that 30 min time span? No big fx news or market activity during that time frame that im seeing....
  • #677,326
  • Aug 8, 2012 8:38am Aug 8, 2012 8:38am
my audusd long....no short today guys!!!!
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  • #677,327
  • Aug 8, 2012 8:38am Aug 8, 2012 8:38am
Quoting mohan76
thats was quite good entry

can it knock out 67?
it already did i guess
Sometimes it's better to be wrong,to learn..
  • #677,328
  • Aug 8, 2012 8:38am Aug 8, 2012 8:38am
Quoting wasupnow14
Any speculation on the 30 min jump from 1.23456 to about 1.23700 during that 30 min time span? No big fx news or market activity during that time frame that im seeing....
It's not that big of a jump, zoom out and scroll back. It's a retrace/stop hunt. As soon as it past 1.2340 you better believe half the retail traders set stops there or at past support/retrace points. It's just the bladed pendulum taking out the weak hands.
  • #677,329
  • Aug 8, 2012 8:39am Aug 8, 2012 8:39am
Quoting wasupnow14
Any speculation on the 30 min jump from 1.23456 to about 1.23700 during that 30 min time span? No big fx news or market activity during that time frame that im seeing....

EU was playing catch-up with the GU and AU..:nerd:....i think...
It is possible to make large sums trading, small losses, large wins
  • #677,330
  • Aug 8, 2012 8:42am Aug 8, 2012 8:42am
Quoting MaxDoom
it was 2344

but closed now just taken a short @ 66
Damn you, you took the elevator up and down and i'm siting on the floor waiting
"It's the Margin, Stupid."
  • #677,331
  • Aug 8, 2012 8:42am Aug 8, 2012 8:42am
IMO there's a lot of bull on this thread...!
  • #677,332
  • Aug 8, 2012 8:42am Aug 8, 2012 8:42am
Quoting KumoDragon
It's not that big of a jump, zoom out and scroll back. It's a retrace/stop hunt. As soon as it past 1.2340 you better believe half the retail traders set stops there or at past support/retrace points. It's just the bladed pendulum taking out the weak hands.
100%
That which does not kill us makes us stronger
  • #677,333
  • Aug 8, 2012 8:47am Aug 8, 2012 8:47am
Quoting MaxDoom
it was 2344

but closed now just taken a short @ 66
be careful of overtrading might be a consolidation for another push upward
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #677,334
  • Aug 8, 2012 8:48am Aug 8, 2012 8:48am
you can go Long again somewhere between 50-60
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  • #677,335
  • Aug 8, 2012 8:51am Aug 8, 2012 8:51am
Quoting Vachus
Damn you, you took the elevator up and down and i'm siting on the floor waiting
Don't feel bad I got in last week short at 1.23315 trying to fade the reaction after Draghis? (is that how you spell chuckle heads name) hopium speech. I've had to endure 110 pips of being underwater at $10 dollars a pip.
  • #677,336
  • Aug 8, 2012 8:51am Aug 8, 2012 8:51am
Quoting MaxDoom
it was 2344

but closed now just taken a short @ 66
Good day to you,

Like the way you trade. Always sound reasoning...

There is no such thing as "overtrading". If opportunities show - even if it's 30 times a day -go for it.

All success

Regards
  • #677,337
  • Aug 8, 2012 8:54am Aug 8, 2012 8:54am
Quoting KlSaso
you can go Long again somewhere between 50-60
never look higher TF?
That which does not kill us makes us stronger
  • #677,338
  • Aug 8, 2012 8:57am Aug 8, 2012 8:57am
Dow seems to be weakening..... look at MACD......

EUR/USD should be dipping lower with it as well...
  • #677,339
  • Aug 8, 2012 9:06am Aug 8, 2012 9:06am
Quoting TauTrader
Good day to you,

Like the way you trade. Always sound reasoning...

There is no such thing as "overtrading". If opportunities show - even if it's 30 times a day -go for it.

All success

Regards

right I take all my high probability setups

and thank you Tautrader
  • #677,340
  • Aug 8, 2012 9:12am Aug 8, 2012 9:12am
Quoting KumoDragon
Don't feel bad I got in last week short at 1.23315 trying to fade the reaction after Draghis? (is that how you spell chuckle heads name) hopium speech. I've had to endure 110 pips of being underwater at $10 dollars a pip.
yeah, its really disappointing when it happens ... Bad for psychology and waste of time !
"It's the Margin, Stupid."
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