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EURUSD

  • #677,841
  • Aug 9, 2012 5:32am Aug 9, 2012 5:32am
here we go
  • #677,842
  • Aug 9, 2012 5:33am Aug 9, 2012 5:33am
Quoting doggette
Nooooo, I f@ckin missed it, stupid boiler repair guy arrived just before that
Hahha sorry but this is hilarious! Typical and sad, but I believe there is more potential in this move.
  • #677,843
  • Aug 9, 2012 5:38am Aug 9, 2012 5:38am
Quoting pkimnyc
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.
Not sure if you are aware of the below post, I think is very much relevant and also f@cking funny but not only...:

http://www.forexfactory.com/showthre...53#post5914453
"Men who can both be right and sit tight are uncommon."
  • #677,844
  • Aug 9, 2012 5:42am Aug 9, 2012 5:42am
Quoting MaxDoom
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.....


There are sell stops below 1.23 so I don't know how much 2287 will matter.

One day I hope to be trading that many lots. You just made so much money..
Be hopeful in a winning position, and fearful in a losing position.
  • #677,845
  • Aug 9, 2012 5:43am Aug 9, 2012 5:43am
Quoting ExForX
Hahha sorry but this is hilarious! Typical and sad, but I believe there is more potential in this move.
I know! Fortunately I already caught this mornings move from 2367 to 2339 so it's not a disaster but I so would have got in another short. Usually my partner answers the door while I work but he's asleep, he's got some time off work so needs the zeds
  • #677,846
  • Aug 9, 2012 5:46am Aug 9, 2012 5:46am
e/u if break 1.23 maybe test area 1.2250-70 Stay tuned
More on my Blog...
  • #677,847
  • Aug 9, 2012 5:47am Aug 9, 2012 5:47am
Yen and Us$ gaining a lot of ground.
"Men who can both be right and sit tight are uncommon."
  • #677,848
  • Aug 9, 2012 5:52am Aug 9, 2012 5:52am
Guess I was too conservative with my TP, but pleasant to see it reached when I woke up.

Now it just needs to go below 23 an break daily support @ 2288 so I can go and take my next short.

GL!
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #677,849
  • Aug 9, 2012 5:54am Aug 9, 2012 5:54am
2330 retest possible, more than likely we just fall through another trap door though from 2315/20 (yes shorting these area with tight stop is very low risk and great RR, add to your position if you want but only risk 5 pips trying to get the entry perfect)
Be hopeful in a winning position, and fearful in a losing position.
  • #677,850
  • Aug 9, 2012 6:01am Aug 9, 2012 6:01am
Quoting ForExtraPips
short @ 1.2370
sl @ 1.2387
tp @ 1.2287
Good morning. Nice way to wake up. Trade safe.
Time turns trend. - W.D. Gann
  • #677,851
  • Aug 9, 2012 6:08am Aug 9, 2012 6:08am
Stopped out at BE, oh well that was a long shot anyways. Will be looking to short around 2330
  • #677,852
  • Aug 9, 2012 6:08am Aug 9, 2012 6:08am
Quoting doggette
I know! Fortunately I already caught this mornings move from 2367 to 2339 so it's not a disaster but I so would have got in another short. Usually my partner answers the door while I work but he's asleep, he's got some time off work so needs the zeds
Yes, Behind every great man is a woman rolling her eyes.
"Men who can both be right and sit tight are uncommon."
  • #677,853
  • Aug 9, 2012 6:13am Aug 9, 2012 6:13am
Little break for me.
"Men who can both be right and sit tight are uncommon."
  • #677,854
  • Edited 6:33am Aug 9, 2012 6:18am | Edited 6:33am
Quoting Rag2RichesFX
2330 retest possible, more than likely we just fall through another trap door though from 2315/20 (yes shorting these area with tight stop is very low risk and great RR, add to your position if you want but only risk 5 pips trying to get the entry perfect)
And there it is.. these are my favorite trades. When sentiment is strong, short a retrace or bear flag with tight stop




ADD: Took some profit (1/3 of 2372 short) @ 1.2301. Sell stops below the 1.23 handle (talk of 2290, i bet they are below 2287 actually)
Be hopeful in a winning position, and fearful in a losing position.
  • #677,855
  • Aug 9, 2012 6:32am Aug 9, 2012 6:32am
long 1.2305 tp 1.2355
  • #677,856
  • Aug 9, 2012 6:44am Aug 9, 2012 6:44am
Quoting Ticker
long 1.2305 tp 1.2355
SL?
"Men who can both be right and sit tight are uncommon."
  • #677,857
  • Aug 9, 2012 6:46am Aug 9, 2012 6:46am
Quoting Mike8
SL?
1.2280
  • #677,858
  • Aug 9, 2012 6:46am Aug 9, 2012 6:46am
Drawing line in the sand at 2260 (my full TP for today). Could even go to 2220, but not today I don't think.
Be hopeful in a winning position, and fearful in a losing position.
  • #677,859
  • Aug 9, 2012 6:49am Aug 9, 2012 6:49am
1h is bearish
  • #677,860
  • Aug 9, 2012 6:52am Aug 9, 2012 6:52am
Quoting Ticker
1.2280
Make sense to me.
"Men who can both be right and sit tight are uncommon."
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