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  • #685,441
  • Aug 29, 2012 2:07am Aug 29, 2012 2:07am
Quoting CapR
Anyone shorting EU?

I don't trust any move - when you have profit...take it.
  • #685,442
  • Aug 29, 2012 2:08am Aug 29, 2012 2:08am
I took some pips from that short. closed the whole position and am looking to buy at pivot support. anyone else buying around that area of 2535
  • #685,443
  • Aug 29, 2012 2:08am Aug 29, 2012 2:08am
1.2459... is that the weekly pivot?
The trend is my friend? The world casino is my friend!
  • #685,444
  • Aug 29, 2012 2:12am Aug 29, 2012 2:12am
Quoting CapR
1.2459... is that the weekly pivot?

what is a pivot?
I don't trust any move - when you have profit...take it.
  • #685,445
  • Aug 29, 2012 2:13am Aug 29, 2012 2:13am
seems to have a down movement
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 14 KB
  • #685,446
  • Aug 29, 2012 2:14am Aug 29, 2012 2:14am
Quoting Faller
what is a pivot?
You have 2589 posts and you don't know what a pivot is? I'm picking up your sarcasm.
The trend is my friend? The world casino is my friend!
  • #685,447
  • Aug 29, 2012 2:15am Aug 29, 2012 2:15am
Quoting CapR
You have 2589 posts and you don't know what a pivot is? I'm picking up your sarcasm.

I don't use pivots -
I don't trust any move - when you have profit...take it.
  • #685,448
  • Aug 29, 2012 2:17am Aug 29, 2012 2:17am
Quoting CapR
Anyone shorting EU?
I close 75% at 2543

I just don't trust it and weekly daily/weekly screams to me 1.2670-1.2750, but of course need to take out these highs

target was only 2535 anyway..
Be hopeful in a winning position, and fearful in a losing position.
  • #685,449
  • Aug 29, 2012 2:17am Aug 29, 2012 2:17am
things are looking bad - look at gold - look at market futures - that fecal matter is going to hit the fan......
I don't trust any move - when you have profit...take it.
  • #685,450
  • Aug 29, 2012 2:20am Aug 29, 2012 2:20am
Quoting mercy seat
Did load another one on board @ 1.25720 ...

17h10 CET






;-|
Unwinded 85% of entries @ 1.25420 ...

09h03 CET

Profitable therefore ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #685,451
  • Aug 29, 2012 2:22am Aug 29, 2012 2:22am
Quoting Rag2RichesFX
I close 75% at 2543
You mean at 75% fibonacci retracement on your charts?
The trend is my friend? The world casino is my friend!
  • #685,452
  • Aug 29, 2012 2:23am Aug 29, 2012 2:23am
Quoting Faller
what is a pivot?
I think its some average between high, low and close of previous day or something close to/like that.. usually near 50% retracement level on fibs..
  • #685,453
  • Aug 29, 2012 2:24am Aug 29, 2012 2:24am
Does anyone use finviz.com? I'm thinking about becoming a Finviz premium member. Does anyone want to crowd fund an annual joint membership login?
The trend is my friend? The world casino is my friend!
  • #685,454
  • Aug 29, 2012 2:24am Aug 29, 2012 2:24am
I can see some resistance around 1,2543 and this thing can either go up or down.

And I've missed yesterdays morning climb. Unfortunately I was on the seaside...
  • #685,455
  • Aug 29, 2012 2:25am Aug 29, 2012 2:25am
1.2535 is a good Buy/Support zone..... we may see a reject here on a lower time.... we are almost there.... lets see.
Attached Image
  • #685,456
  • Aug 29, 2012 2:26am Aug 29, 2012 2:26am
morning all,

currently running shorts on EU GU Dax and Crude

my EU target zone is 1.240x to 1.245x but the stop will be dynamically adjusted just in case hopium prevails
  • #685,457
  • Aug 29, 2012 2:26am Aug 29, 2012 2:26am
Quoting CapR
You mean at 75% fibonacci retracement on your charts?
i mean 75% of my position was closed there

there is no 75% fib but there is 78.6%

need to get through 2535 for a big bear, 2535 is also 38.2 fib of yesterdays move, plus it is daily pivot and demand level
Be hopeful in a winning position, and fearful in a losing position.
  • #685,458
  • Aug 29, 2012 2:26am Aug 29, 2012 2:26am
Quoting CapR
1.2459... is that the weekly pivot?

well daily pivot is 1.2535 and weekly pivot is 1.2468
Loosening is not an option
  • #685,459
  • Aug 29, 2012 2:28am Aug 29, 2012 2:28am
Quoting Vilkas
well daily pivot is 1.2535 and weekly pivot is 1.2468
My weekly pivot is 1.2462. I usually don't focus on daily pivots. I think weekly and monthly pivots are more influential.
The trend is my friend? The world casino is my friend!
  • #685,460
  • Aug 29, 2012 2:30am Aug 29, 2012 2:30am
Quoting ill_be_back
short @1.25485
closed @1.25446
pending sell @ 1.2553
A good trader follows his rules, but great trader knows when to break them
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