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EURUSD

  • #686,381
  • Aug 30, 2012 10:12am Aug 30, 2012 10:12am
Quoting StopGuessing
The last 7 days has not been a trap by any strech of the imganation. This run here, is only to create the pivots for tomorrow. We should have seperation of 50 points between daily pivots. Imagine eur going up 60 points from todays high. Especially when todays high, has been the last 7 days resistance. ESPECIALLY of this week. I honestly believe predictions mean nothing in this profession. Unless you have profitted from it. If you have been shorting the past 7 days, then your still in a losing position.
ATM, im positive, i'm average at 1.2538
  • #686,382
  • Aug 30, 2012 10:13am Aug 30, 2012 10:13am
Quoting CorBlimeyGuv
bought 2502 tight sl get back up biatch
Bought at 98, hell yeah me too!
  • #686,383
  • Aug 30, 2012 10:13am Aug 30, 2012 10:13am
looks it's not done yet for the day
Mohan
  • #686,384
  • Aug 30, 2012 10:14am Aug 30, 2012 10:14am
Quoting attila
It should drop from there...
Are you saying you expect it to make a new high tomorrow and then drop ? Everything is possible of course but I'd find that highly surprising. I was thinking this latest drop should have removed that prospect.
  • #686,385
  • Aug 30, 2012 10:14am Aug 30, 2012 10:14am
Quoting xandi
man, the main trend is down...I´m gambling LONG in the upper risky side of the channel downtrend, with low leverage, only for scalping for a few pips to the top, because mainly I wanted to catch the moove DOWN from the top.. if you are short at 1.2500 +/-, you should be relaxed, and not even close the trade yesterday evening...The main trend is DOWN and always was DOWN...I open long only because I was bored, only to scalp and most of all, with low LEVERAGE, as I had the attention to write...
relax bro, it has drawn a double top, with lucky you...
More relaxed FAIZ99? cheers broo.
me, on the other side, forget to put pending order close for my scalping trade at 1.2560, as I intentioned to do, so was stopped out at 1.2599 again...65 pips negative on the week, but with the correct sentiment and perception of the price action

good luck everyone!!!
  • #686,386
  • Aug 30, 2012 10:14am Aug 30, 2012 10:14am
Closed at 1.2500.

Now posting trades live via Twitter instead, including this last move.

https://twitter.com/Fire_Yin_Taoist
  • #686,387
  • Aug 30, 2012 10:14am Aug 30, 2012 10:14am
Probably would not go long or short for quite a while now. All you longs are going to be whipsawed to death before you get your pips.
  • #686,388
  • Aug 30, 2012 10:15am Aug 30, 2012 10:15am
i almost called it a day but 5 minutes later we finally broke out of range

id be shocked to see lower than 2460, but under that next substantial spot is 2400 (daily BB mid and uptrend/channel from 2040)
Be hopeful in a winning position, and fearful in a losing position.
  • #686,389
  • Aug 30, 2012 10:16am Aug 30, 2012 10:16am
Quoting klinckphilip
Probably would not go long or short for quite a while now. All you longs are going to be whipsawed to death before you get your pips.
Everyone sing together now! This song really hits home for us E/U traders today... lol

Inserted Video


Cut losers quick let winners run is truly the name of the game, there is no reason to capture floating loss when you can cut it and get a better entry
Be hopeful in a winning position, and fearful in a losing position.
  • #686,390
  • Aug 30, 2012 10:16am Aug 30, 2012 10:16am
Quoting mohan76
looks it's not done yet for the day
Im looking at 65 to go long fingers crossed
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #686,391
  • Aug 30, 2012 10:18am Aug 30, 2012 10:18am
Quoting SpacyTrader
Are you saying you expect it to make a new high tomorrow and then drop ? Everything is possible of course but I'd find that highly surprising. I was thinking this latest drop should have removed that prospect.
No, not tomorrow. That number shows on the daily and weekly charts. 2642 is open while daily stays above 2461..

It should drop from there..or create a huge mess on daily between that and 2461 again.
  • #686,392
  • Aug 30, 2012 10:19am Aug 30, 2012 10:19am
Quoting mohan76
looks it's not done yet for the day
This is really my happy day for the week.
As you all know by now I was heavy long on ucad and short on EA and short on audusd and short on eu.

I took profits on all of them.

Now carefully considering what I want to do for the rest of the week.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,393
  • Aug 30, 2012 10:22am Aug 30, 2012 10:22am
Quoting divak
ATM, im positive, i'm average at 1.2538
Yes you may be AVG´ed at a certain price. The question is did you short the chunk of your shares at the TOPS or as it was moving up. That is something which is lost in translation based on the information we post. Your avg isnt as important as your avg lot size per that avg.
He who guess is LOST!
  • #686,394
  • Aug 30, 2012 10:22am Aug 30, 2012 10:22am
Quoting KillerWhale
This is really my happy day for the week.
As you all know by now I was heavy long on ucad and short on EA and short on audusd and short on eu.

I took profits on all of them.

Now carefully considering what I want to do for the rest of the week.
may take some rest
Mohan
  • #686,395
  • Aug 30, 2012 10:22am Aug 30, 2012 10:22am
Quoting KillerWhale
This is really my happy day for the week.
As you all know by now I was heavy long on ucad and short on EA and short on audusd and short on eu.

I took profits on all of them.

Now carefully considering what I want to do for the rest of the week.
Mooi zo.
  • #686,396
  • Aug 30, 2012 10:23am Aug 30, 2012 10:23am
Quoting Rag2RichesFX
Everyone sing together now! This song really hits home for us E/U traders today... lol


Cut losers quick let winners run is truly the name of the game, there is no reason to capture floating loss when you can cut it and get a better entry
LOL AMAZING
  • #686,397
  • Aug 30, 2012 10:23am Aug 30, 2012 10:23am
Quoting KillerWhale
This is really my happy day for the week.
As you all know by now I was heavy long on ucad and short on EA and short on audusd and short on eu.

I took profits on all of them.

Now carefully considering what I want to do for the rest of the week.

Congrats.
  • #686,398
  • Aug 30, 2012 10:24am Aug 30, 2012 10:24am
Quoting Robertk
Mooi zo.
Dank je wel
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,399
  • Aug 30, 2012 10:25am Aug 30, 2012 10:25am
Quoting xandi
More relaxed FAIZ99? cheers broo.
me, on the other side, forget to put pending order close for my scalping trade at 1.2560, as I intentioned to do, so was stopped out at 1.2599 again...65 pips negative on the week, but with the correct sentiment and perception of the price action

good luck everyone!!!
Oh Yes, Relaxed hell yeah, made one green! I aint sure about closing my short (the one I made at 1.248) Thinking of closing it and going long on it? Your advice Xandi! Please
  • #686,400
  • Aug 30, 2012 10:25am Aug 30, 2012 10:25am
Quoting klinckphilip
Congrats.
Thanks
New voice message: Why are you calling me? If I need you, I'll call you!
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