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EURUSD

  • #677,581
  • Aug 8, 2012 9:18pm Aug 8, 2012 9:18pm
Scalped aussie @ 105.98, closed @ 105.85
Be hopeful in a winning position, and fearful in a losing position.
  • #677,582
  • Aug 8, 2012 9:21pm Aug 8, 2012 9:21pm
Quoting attila
I think what you are saying is a 3 candles set up..
2259 scenario failed or still valid?
Sometimes it's better to be wrong,to learn..
  • #677,583
  • Aug 8, 2012 9:26pm Aug 8, 2012 9:26pm
Quoting KiNgEdwarD
2259 scenario failed or still valid?
As long as h4 stays above 54 it's invalid.. but 77 here can send it right back down and make it do a dead cat bounce.. 77 is h1.
  • #677,584
  • Aug 8, 2012 9:31pm Aug 8, 2012 9:31pm
Quoting attila
I'm already short and out..
nice - what's your TP ? (guess is 2326)

I'm not sure this will be going down before 1.2407 so I'll just go to sleep (already 5.30 am)

good night everyone
  • #677,585
  • Edited 9:57pm Aug 8, 2012 9:31pm | Edited 9:57pm
77 bouncing as support a few times but above here (90) where does E/U have to go?

Not far.

Brick walls everywhere.

Edit: 2395/2402/2409 could prove to be very tough
Be hopeful in a winning position, and fearful in a losing position.
  • #677,586
  • Aug 8, 2012 9:41pm Aug 8, 2012 9:41pm
Quoting Chicky
One feature of forex which I hate the most is that it moves
Right
New voice message: Why are you calling me? If I need you, I'll call you!
  • #677,587
  • Aug 8, 2012 9:57pm Aug 8, 2012 9:57pm
Quoting KillerWhale
Right
LOL.
The Thief of Wall Street
  • #677,588
  • Aug 8, 2012 9:57pm Aug 8, 2012 9:57pm
The Bears are MAD

Inserted Video
  • #677,589
  • Aug 8, 2012 10:01pm Aug 8, 2012 10:01pm
another useless close .
Mohan
  • #677,590
  • Aug 8, 2012 10:02pm Aug 8, 2012 10:02pm
Long

First TP .382 LVL
If broken just keep the trade live till it stops at .382 lvl

Green TP
Red Stop
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd d1.gif Size: 20 KB
  • #677,591
  • Aug 8, 2012 10:05pm Aug 8, 2012 10:05pm
Looks like 2375 now support. The daily looking like it will close as a hammer. Dont know... more reasons to leave my bear bias behind and go bull...
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #677,592
  • Edited 10:08pm Aug 8, 2012 10:05pm | Edited 10:08pm
Time to go down?
Attached Image (click to enlarge)
Click to Enlarge Name: time2godown.jpg Size: 91 KB
Time turns trend. - W.D. Gann
  • #677,593
  • Aug 8, 2012 10:08pm Aug 8, 2012 10:08pm
Quoting ForExtraPips
Time to go down?

not yet !! we may see a new high or double top soon !!
“Don't cry because it's over, smile because it happened.”
  • #677,594
  • Aug 8, 2012 10:08pm Aug 8, 2012 10:08pm
Quoting Kamui
Looks like 2375 now support. The daily looking like it will close as a hammer. Dont know... more reasons to leave my bear bias behind and go bull...
daily closed long ago (both gmt & ny) are u using oanda ?
Mohan
  • #677,595
  • Aug 8, 2012 10:09pm Aug 8, 2012 10:09pm
Quoting sidhujag
I think u can get around this by having a plan in place... if it moves here and its moving fast take the trade with this low as SL... thats it... ur RR is taken care of and no thinking... chances are it will keep going it if doesnt then ur luck sucks lol
SardarJee, SSA

By the time I log on, it has already retraced 50% after making a 200 pip move in ten or fifteen minutes. It becomes difficult to decide which end I use as sl. The point from where it started or the point from where it bounced back.

Therefore I think it is best to go for swing trading. One at least gets chance of finishing a tall cup of coffee before deciding where to set the sl.
The Thief of Wall Street
  • #677,596
  • Aug 8, 2012 10:10pm Aug 8, 2012 10:10pm
Quoting mohan76
daily closed long ago (both gmt & ny) are u using oanda ?
Yes
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #677,597
  • Aug 8, 2012 10:10pm Aug 8, 2012 10:10pm
Quoting balanced2012
not yet !! we may see a new high or double top soon !!
Ah, yes. Good point. Wait until the candle closes.
Time turns trend. - W.D. Gann
  • #677,598
  • Aug 8, 2012 10:16pm Aug 8, 2012 10:16pm
Quoting Compulsive
The Bears are MAD

http://www.youtube.com/watch?v=UoZKj_dOePk
Good one.
"Men who can both be right and sit tight are uncommon."
  • #677,599
  • Aug 8, 2012 10:19pm Aug 8, 2012 10:19pm
Quoting balanced2012
not yet !! we may see a new high or double top soon !!
isn't this the double top?
http://img.photobucket.com/albums/v6...8at81722PM.png
  • #677,600
  • Aug 8, 2012 10:19pm Aug 8, 2012 10:19pm
short 12381
add more at 88
tp 12295
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