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  • #685,261
  • Aug 28, 2012 1:43pm Aug 28, 2012 1:43pm
pressure building....
  • #685,262
  • Aug 28, 2012 1:43pm Aug 28, 2012 1:43pm
look at these 2 situations:
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  • #685,263
  • Aug 28, 2012 1:45pm Aug 28, 2012 1:45pm
for instance, it could even just have started the fall...price is reacting too good at this 38,2% fibonacci...if reacted well on 8 hours, could react as well on weekly for the next 3/4 weeks...hmmmmmmm...Iīve got pending order at 1.2610, but I will push it down very soon, I believe...
  • #685,264
  • Aug 28, 2012 1:47pm Aug 28, 2012 1:47pm
Quoting xandi
look at these 2 situations:
Looked. Now you look at this:

http://www.funnyjunksite.com/picture...funny-kids.jpg
The Thief of Wall Street
  • #685,265
  • Aug 28, 2012 1:50pm Aug 28, 2012 1:50pm
Quoting xandi


very wellll misterrr!!!

I close mine at Breakeven!!

You know the time for short, Iīve repeated so many times so I cannot also forget it!!

Short at 1,25702 0.25 volume for the 2k account with no SL and TP at 1,25550 and for my account short at 1,25702 with 2 lots SL at 1,26150 and TP at 1,25500.

Suggestions ?
  • #685,266
  • Edited 2:04pm Aug 28, 2012 1:52pm | Edited 2:04pm
[quote=Chicky;5965257]Looked. Now you look at this:


heheehhee..the thief here itīs you! blessedly there are many!!!
  • #685,267
  • Aug 28, 2012 2:02pm Aug 28, 2012 2:02pm
Quoting MisterSpread
Short at 1,25702 0.25 volume for the 2k account with no SL and TP at 1,25550 and for my account short at 1,25702 with 2 lots SL at 1,26150 and TP at 1,25500.

Suggestions ?
hmmm...risky, you TP is too short and you want to become rich on forex! you have to gain patience, because youīve already won today, you have no rush...
other thing, your stop loss should be 1.2625 minimum, because 1.2623 is the low on the week of Jan 8th, which now is resistance...

But, youīre betting on a double top here, and it might happen, price could have not strenght to make another maximum, and a double top been made at 1.2574...but if so, why such a poor TargetPoint? get richer
  • #685,268
  • Aug 28, 2012 2:04pm Aug 28, 2012 2:04pm
Quoting Chicky
Looked. Now you look at this:

http://www.funnyjunksite.com/picture...funny-kids.jpg
got the point
  • #685,269
  • Aug 28, 2012 2:05pm Aug 28, 2012 2:05pm
Quoting xandi
hmmm...risky, you TP is too short and you want to become rich on forex! you have to gain patience, because youīve already won today, you have no rush...
other thing, your stop loss should be 1.2625 minimum, because 1.2623 is the low on the week of Jan 8th, which now is resistance...

But, youīre betting on a double top here, and it might happen, price could have not strenght to make another maximum, and a double top been made at 1.2574...but if so, why such a poor TargetPoint? get richer
I'm between a MadScalper and a BunnyTrader this is why the Target is poor.

I'm still n00b so bare with me will'ya

LaterEDIT: Oh oh, and I also noticed that in the Asian Session I see a retrace on EURUSD so that's why I shorted
  • #685,270
  • Aug 28, 2012 2:25pm Aug 28, 2012 2:25pm
Quoting Chicky
Looked. Now you look at this:

http://www.funnyjunksite.com/picture...funny-kids.jpg
Is that your latest hobby?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #685,271
  • Aug 28, 2012 2:54pm Aug 28, 2012 2:54pm
Quoting MisterSpread
I'm between a MadScalper and a BunnyTrader this is why the Target is poor.

I'm still n00b so bare with me will'ya

LaterEDIT: Oh oh, and I also noticed that in the Asian Session I see a retrace on EURUSD so that's why I shorted
you are achieving green pips, so youīre doing right, focus on that...other suggestion to your scalping strategie should be put your stop immediatly higher from the previous high, 1.2590...with tight TP, maybe tight SL is better!

no worries, I love to help and we are learning with experience of eachother here, everyday, allways!
  • #685,272
  • Aug 28, 2012 3:10pm Aug 28, 2012 3:10pm
I took a small long at 1.25670 - it looks like its trying to do something
"It's the Margin, Stupid."
  • #685,273
  • Aug 28, 2012 3:12pm Aug 28, 2012 3:12pm
I'm hoping it comes down from 1.2570 first, you think stop at 1.2480 ? or not even go that far, before retrace back up top again? I know it has to break that, and go to 1.2440 , probably next 24 hourss right?
  • #685,274
  • Aug 28, 2012 3:13pm Aug 28, 2012 3:13pm
I donīt like this daily candle full on,completelly filled...if the day ends like this probably next day will see higher, the anxious target...for now I will mantain my pending sell order, and dinner...
  • #685,275
  • Aug 28, 2012 3:16pm Aug 28, 2012 3:16pm
Quoting Vikingbarde
I'm hoping it comes down from 1.2570 first, you think stop at 1.2480 ? or not even go that far, before retrace back up top again? I know it has to break that, and go to 1.2440 , probably next 24 hourss right?
letīs see how the day ends, at first I bet 1.2620 as next target, daily candle is confirming, after that short...for now, if it pass 1.2590, will see that target...fot those of you already short, I cross my fingers to this have done double top and start to fall now as indicate Fibonnaci..see ya
  • #685,276
  • Aug 28, 2012 3:18pm Aug 28, 2012 3:18pm
i closed my EURUSD trades in a small profit.

It's uncertain what asians might bring.
  • #685,277
  • Aug 28, 2012 3:33pm Aug 28, 2012 3:33pm
EUR USD on my nerves now! No direction! Clueless Hopeleess! I hope it dosent blow up my margin and stop out my shorts!
  • #685,278
  • Aug 28, 2012 3:38pm Aug 28, 2012 3:38pm
Quoting Faiz99
EUR USD on my nerves now! No direction! Clueless Hopeleess! I hope it dosent blow up my margin and stop out my shorts!
I don't know if you can yet but I've already put a stop order at break even in case this thing shoots back up. I too am short, at least for the short term. lol
  • #685,279
  • Aug 28, 2012 3:42pm Aug 28, 2012 3:42pm
Quoting Faiz99
EUR USD on my nerves now! No direction! Clueless Hopeleess! I hope it dosent blow up my margin and stop out my shorts!
why are you trading short... on a uptrend market?
  • #685,280
  • Aug 28, 2012 3:48pm Aug 28, 2012 3:48pm
Quoting fearlessnut
why are you trading short... on a uptrend market?
I aint! Just trying to save my stops at the moment! Bleeding red at the moment!
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