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EURUSD

  • #681,861
  • Aug 20, 2012 7:08am Aug 20, 2012 7:08am
Quoting spartanforex
covered short @ 12335 went long 12320 sl 12310
still long moved sl to 12280 feels like a bear trap to me. time will tell.
  • #681,862
  • Aug 20, 2012 7:11am Aug 20, 2012 7:11am
Does anybody have any sites about covering? cannot find anything ;/
  • #681,863
  • Aug 20, 2012 7:12am Aug 20, 2012 7:12am
Quoting spartanforex
still long moved sl to 12280 feels like a bear trap to me. time will tell.
Not trap... it's well below 100HMA & 200HMA
You cannot learn better without losing
  • #681,864
  • Aug 20, 2012 7:14am Aug 20, 2012 7:14am
Quoting Emilpl
Does anybody have any sites about covering? cannot find anything ;/
found..
  • #681,865
  • Aug 20, 2012 7:15am Aug 20, 2012 7:15am
still short @2363.. SL moved to BE.. TP still intact @2100
There is nothing in the Universe but mathematical points of force.
  • #681,866
  • Aug 20, 2012 7:26am Aug 20, 2012 7:26am
hope NY traders give me a chance.
  • #681,867
  • Aug 20, 2012 7:38am Aug 20, 2012 7:38am
Decent battle at 23. Nighty...
"Men who can both be right and sit tight are uncommon."
  • #681,868
  • Aug 20, 2012 7:40am Aug 20, 2012 7:40am
Quoting Mike8
Decent battle at 23.
adjustment of positions I guess before next leg down
  • #681,869
  • Aug 20, 2012 7:40am Aug 20, 2012 7:40am
Quoting Emilpl
Sold @ 1.2347
Ts 13 pips
Closed.
Opened new short on 1.2306
SL 10 pips.

Edit: SL changed to 5 pips
  • #681,870
  • Aug 20, 2012 7:40am Aug 20, 2012 7:40am
Quoting Nachiket
adjustment of positions I guess before next leg down

there should not be any short covering now.
  • #681,871
  • Aug 20, 2012 7:41am Aug 20, 2012 7:41am
Quoting CorBlimeyGuv
Attachment
ROFLMAO!
  • #681,872
  • Aug 20, 2012 7:41am Aug 20, 2012 7:41am
Quoting Emilpl
Closed.
Opened new short on 1.2306
SL 10 pips.
my entry is 1.2305. target is 20 pips
  • #681,873
  • Aug 20, 2012 7:42am Aug 20, 2012 7:42am
Quoting Nachiket
hope NY traders give me a chance.
Surely, you will have that chance in the next few hours.
There is nothing in the Universe but mathematical points of force.
  • #681,874
  • Aug 20, 2012 7:44am Aug 20, 2012 7:44am
but the range is still 70 pips
  • #681,875
  • Aug 20, 2012 7:51am Aug 20, 2012 7:51am
there were 5 waves on m5 already...
  • #681,876
  • Aug 20, 2012 7:51am Aug 20, 2012 7:51am
Long 1.2310
  • #681,877
  • Aug 20, 2012 7:51am Aug 20, 2012 7:51am
yeah and the daily range would be 90-99. I'm shorting till August 22. hoping it doesn't backfire on me. SL on BE so nothing to worry about for me.

Accdg. to stochs, it's pretty much pointing down until D1 but will be rising for a few hours/bars on H1 before continuing down.
There is nothing in the Universe but mathematical points of force.
  • #681,878
  • Aug 20, 2012 7:53am Aug 20, 2012 7:53am
long 1.2296
tp 1.2341
  • #681,879
  • Aug 20, 2012 7:54am Aug 20, 2012 7:54am
Dreams and hallucinations are the same thing with one exception : One happens while you are sleep, the other when you are awake.
"It's the Margin, Stupid."
  • #681,880
  • Aug 20, 2012 7:54am Aug 20, 2012 7:54am
Quoting Nachiket
adjustment of positions I guess before next leg down
Could be, but I feel is not going to happen, bulls are buying at 23, then you have support at 2288 and on the 4h tf an UTL is near.

If she closes above the hourly UTL broken, then bulls will bring in more siideline bulls to follow up.

Best think in my view if you have not position, is to wait for one part to let go of the rope and then join in. Retailer have not got the luxury to get involve into the struggle in my view.

Anyway, I let you deal with it. I am off.
"Men who can both be right and sit tight are uncommon."
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