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  • #677,821
  • Aug 9, 2012 5:14am Aug 9, 2012 5:14am
Quoting doggette
Nooooo, I f@ckin missed it, stupid boiler repair guy arrived just before that
Tell him not to that anymore, otherwise we will boil him.
"Men who can both be right and sit tight are uncommon."
  • #677,822
  • Aug 9, 2012 5:14am Aug 9, 2012 5:14am
Quoting NewbTrader7
you sir, are the MAN!, buenas nachos!
Ty and no prob

I just had a feeling 2345 wouldn't break.

I am short Aussie from 105.89 as well, this one targeting 1.0440 hopefully
Be hopeful in a winning position, and fearful in a losing position.
  • #677,823
  • Aug 9, 2012 5:15am Aug 9, 2012 5:15am
Quoting Mike8
I got encouraged by Max(mr goat)

Gained my risk of 23 pips (1%) covered 2/3 and SL moved to BE.

nice
  • #677,824
  • Aug 9, 2012 5:16am Aug 9, 2012 5:16am
Quoting doggette
Nooooo, I f@ckin missed it, stupid boiler repair guy arrived just before that

ummm but if you didn't already have a position or a pending order you would not have got it anyway very fast move

the delayed trade that could have been taken was crude
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  • #677,825
  • Aug 9, 2012 5:18am Aug 9, 2012 5:18am
Quoting MaxDoom
nice
Thank to you.
"Men who can both be right and sit tight are uncommon."
  • #677,826
  • Aug 9, 2012 5:19am Aug 9, 2012 5:19am
Quoting MaxDoom
just entered the start of the target zone

http://www.forexfactory.com/showthre...32#post5915632
Good morning buddy,the moment of the truth is approaching:
bounce at 1.2300 back to 1.2400 or further or (my best preferred option) trend resumed down till the gates of the hell...We well see.
Aniway my target is 1.2100.
  • #677,827
  • Aug 9, 2012 5:20am Aug 9, 2012 5:20am
Quoting Freshpips
I have my stop @ 1.2380, i think if it takes that out it will keep on going up to 1.2400ish.

I agree with you about the bounce and think it should be kept under 1.2350 before bearish resumption.

Wheres your ultimate TP?

Closed @ 1.2315 for +27.
I fear I may have closed position too early...
  • #677,828
  • Aug 9, 2012 5:20am Aug 9, 2012 5:20am
here we go
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  • #677,829
  • Aug 9, 2012 5:20am Aug 9, 2012 5:20am
Quoting MaxDoom
ummm but if you didn't already have a position or a pending order you would not have got it anyway very fast move
I was waiting for the PA to show a serious move down before going in. I don't like orders. Anyways, horrible entry price for me @2317, but hoping it will go down to 2280.
  • #677,830
  • Aug 9, 2012 5:21am Aug 9, 2012 5:21am
Currency analysis for 9 - 10/08/12
EU direction.....DOwnward...expected target = 1.21984, EJ direction = downward, expected target = 95.405, GU direction = possibly downward but will be confirmed at the close of today's daily candle, expected target = 1.55293, GJ direction = possibly downward but will be confirmed at the close of today's daily candle, expected target = 121.474....Just a long term guide.
  • #677,831
  • Aug 9, 2012 5:23am Aug 9, 2012 5:23am
I counted correct and this is wave III ( in the down trend ) - just to show the ignorant yesterday who doubted Elliot wave

This third wave should End at 22800


Link
"It's the Margin, Stupid."
  • #677,832
  • Aug 9, 2012 5:24am Aug 9, 2012 5:24am
Quoting unclenna
Currency analysis for 9 - 10/08/12
EU direction.....DOwnward...expected target = 1.21984, EJ direction = downward, expected target = 95.405, GU direction = possibly downward but will be confirmed at the close of today's daily candle, expected target = 1.55293, GJ direction = possibly downward but will be confirmed at the close of today's daily candle, expected target = 121.474....Just a long term guide.
And where is this information coming from?
A 1 pip gain is better than a 1 pip loss.
  • #677,833
  • Aug 9, 2012 5:25am Aug 9, 2012 5:25am
This is a trade I entered yesterday, went against me today but my protective stop was placed above resistance. Risked about 40 pips (1%) gained my risk, covered 2/3 and SL moved to BE.

That's why is good when good traders show us real entries on charts (like Max), we get inspired.

"Render unto Caesar that which is Caesar's"
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"Men who can both be right and sit tight are uncommon."
  • #677,834
  • Aug 9, 2012 5:26am Aug 9, 2012 5:26am
Would be very surprised if this breaches 1.2345 now. shorting down to 1.2241/ if that goes will short down to 1.2137 and then 1.2081 . All in my opinion good luck!
Loser trying to become a winner!
  • #677,835
  • Aug 9, 2012 5:26am Aug 9, 2012 5:26am
Quoting MaxDoom
ummm but if you didn't already have a position or a pending order you would not have got it anyway very fast move

the delayed trade that could have been taken was crude
You have a full TP you are looking at? You said this is your zone here?

Could go as far as 2220, maybe not today, but if today that would be 160 pip range, not too absurd or uncommon.
Be hopeful in a winning position, and fearful in a losing position.
  • #677,836
  • Aug 9, 2012 5:27am Aug 9, 2012 5:27am
Quoting satheesh
entered short from 1.2384 and looking for the tp 1.2280-70 area. also aiming long from there
still waiting to hit the tp 1.2280 have a reversal buy limit @ 1.2283
Read the chart... Fundies are catalyst...
  • #677,837
  • Aug 9, 2012 5:29am Aug 9, 2012 5:29am
Quoting Legio_Ulpia
Good morning buddy,the moment of the truth is approaching:
bounce at 1.2300 back to 1.2400 or further or (my best preferred option) trend resumed down till the gates of the hell...We well see.
Aniway my target is 1.2100.
no bounce till 1.2280
  • #677,838
  • Aug 9, 2012 5:30am Aug 9, 2012 5:30am
Quoting Rag2RichesFX
You have a full TP you are looking at? You said this is your zone here?

Could go as far as 2220, maybe not today, but if today that would be 160 pip range, not too absurd or uncommon.

indeed so I started with a position of 30 I am now down to 10 on EU

when it gets to 228x I will protect above 1.23

I expect some pullback before a possible decline towards 1.222x BUT then.....
  • #677,839
  • Aug 9, 2012 5:31am Aug 9, 2012 5:31am
Quoting Vachus
I counted correct and this is wave III ( in the down trend ) - just to show the ignorant yesterday who doubted Elliot wave

This third wave should End at 22800


Link
here's the problem with waves...

you can count it any shape of forms. you might say that this is wave 3, or it could be wave c. there are too many variables in how you count waves. sometimes you are right, and some times you are wrong. even with wave counting, you still got 50/50 shot at this. more often than not, counting waves will lead you into a habit of predicting the market. that's not the way to trade, at least not in my book. anyways, i'm done with 2 days worth of trades, 72+, 89+ in green. did not need wave counting for those.
  • #677,840
  • Aug 9, 2012 5:32am Aug 9, 2012 5:32am
anyone set pending buy limit around target zone for this downward movement?
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