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EURUSD

  • #691,081
  • Sep 12, 2012 9:00am Sep 12, 2012 9:00am
Quoting Nachiket
I read somewhere that sometimes guesses do work.
Entering trades is mostly guesswork. Money management transforms the guesswork to "Trading".

TF
  • #691,082
  • Sep 12, 2012 9:01am Sep 12, 2012 9:01am
Quoting Nachiket
just because you have to defend your position does not mean you talk bullshit. google the sentence " top 5 gold holdings" and see what comes.
your insecurity is showing.. i was not meaning to attack you.. i just said i dont believe you for one second, as in thats just something you heard, nothing verifiable

if you think a small time billionaire controls that much of the gold market your delusional

unless Soros is worth about $500 billion privately (wouldnt surprise me)

anyway not that it matters i dont want to start random forum fights.. gold trade has sucked this year except for position trading. 2011s gold day trade was unparalleled. Especially Q3 and Q4
Be hopeful in a winning position, and fearful in a losing position.
  • #691,083
  • Sep 12, 2012 9:03am Sep 12, 2012 9:03am
You can see there my fib connections, and my entry.
Attached Image (click to enlarge)
Click to Enlarge Name: smallbuy.jpg Size: 120 KB
He who guess is LOST!
  • #691,084
  • Sep 12, 2012 9:03am Sep 12, 2012 9:03am
Quoting Kambooj
price action will go to 3150:
for sure It will go !
EURO is still alive !!!
but when???
  • #691,085
  • Sep 12, 2012 9:09am Sep 12, 2012 9:09am
Quoting StopGuessing
You can see there my fib connections, and my entry.
Noticed you had several accounts. Do you have different strategies for each or another reason?
  • #691,086
  • Sep 12, 2012 9:13am Sep 12, 2012 9:13am
Quoting Rag2RichesFX
I am short now.

Just need 87 to go.
Not a good idea to short assuming the support will go.. We have to wait, and wait some more. I went long for 6 pips..
  • #691,087
  • Sep 12, 2012 9:16am Sep 12, 2012 9:16am
Updated chart. If I am boring you (the swing traders) let me know and I'll STFU.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 47 KB
  • #691,088
  • Sep 12, 2012 9:17am Sep 12, 2012 9:17am
Quoting pip_trader
Noticed you had several accounts. Do you have different strategies for each or another reason?
Yes I at the moment have two accounts.

One account (62062) is my main account. This account is used for all my regular trading based on the system I use.

Second account (38168) I use as a backup account. It is referred to a backup account based on the follow notion. If you look back to the last snapshot I posted. You will see my entry was right at the -23.6 Would I would do is use the backup account to enter a lot size 3 times larger then the original order. So in this case If I entered at the -23.6 fib level. My stop loss would be at the -50 fib, in which the reverse account will be the pending BUY order.

Most times the reverse order doesnt even get filled. Only because most of entries are dead on. In the last example you can see after my entry, I was in profit over 6 points (over 110% using the leverage i use) yet it did retrace back to my entry. Yet my entry happened to be support, in which the price bounce clean off of, and resulted in a profitted position.

Yet because this is the US Session, I take the second account as a main account. Just to pratice my entries and exits, as if it was london.
He who guess is LOST!
  • #691,089
  • Sep 12, 2012 9:17am Sep 12, 2012 9:17am
This month it will go up, but here is your answer:


Quoting Nick35
for sure It will go !
EURO is still alive !!!
but when???
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_AstroChart.JPG Size: 134 KB
  • #691,090
  • Sep 12, 2012 9:19am Sep 12, 2012 9:19am
Quoting attila
Not a good idea to short assuming the support will go.. We have to wait, and wait some more. I went long for 6 pips..
You know... it was good idea If i was short from 2908.

I closed when 87 couldn't break, at 92

Good luck on your long, should go for retest of the high now (or continue this range..)
Be hopeful in a winning position, and fearful in a losing position.
  • #691,091
  • Sep 12, 2012 9:21am Sep 12, 2012 9:21am
Quoting attila
Updated chart. If I am boring you (the swing traders) let me know and I'll STFU.

Attachment
Not boring its just a very simple chart we can all see the zones clearly as well (at least I sure hope people can see on their own charts)

I for one don't mind your charts at all. They are actually reassuring.
Be hopeful in a winning position, and fearful in a losing position.
  • #691,092
  • Sep 12, 2012 9:21am Sep 12, 2012 9:21am
Attached Image (click to enlarge)
Click to Enlarge Name: smallexit.jpg Size: 126 KB
He who guess is LOST!
  • #691,093
  • Sep 12, 2012 9:22am Sep 12, 2012 9:22am
Quoting Rag2RichesFX
You know... it was smart If i was short from 2908.

I closed when 87 couldn't break, at 92

Good luck on your long, should go for retest of the high now (or continue this range..)
thanks.. long's closed. We're still undecided.. Remember this.. A long dive from resistance straight into support fails to break it more often than not.
  • #691,094
  • Sep 12, 2012 9:24am Sep 12, 2012 9:24am
Quoting attila
Updated chart. If I am boring you (the swing traders) let me know and I'll STFU.

Attachment
hahaha no way, swingers will be nap while sideways, every marathon start with 1 small step, there is some trader kill majix a couple they tiny tf scalp, trend and swing is a bit of an art form is nice to see somewith patience in little tf
If you are new to Forex? Say Goodbye to your account!!
  • #691,095
  • Sep 12, 2012 9:25am Sep 12, 2012 9:25am
Silver finally time to retrace...

Down to $33.20 once that neck breaks, $33, then $32.40

omg.. insane moves... big players selling 20 cents move (or lots of stops just taken out)

killing me, almost went short less than an half hour ago sitting @ 33.60 (hedging longs)
Be hopeful in a winning position, and fearful in a losing position.
  • #691,096
  • Sep 12, 2012 9:26am Sep 12, 2012 9:26am
Quoting KiwiTrada
hahaha no way, swingers will be nap while sideways, every marathon start with 1 small step, there is some trader kill majix a couple they tiny tf scalp, trend and swing is a bit of an art form is nice to see somewith patience in little tf
thanks kiwi. It's still PA... Can be used on higher TFs as well. That's why I'm posting it...
  • #691,097
  • Sep 12, 2012 9:26am Sep 12, 2012 9:26am
To me it looks like we are up for major buying near London close.

Algos will whipsaw -/+10 at 1.29 for a while.

I may be wrong but eurgbp looks so buffed it wont drop.
They think they are smarter than I am.
  • #691,098
  • Sep 12, 2012 9:30am Sep 12, 2012 9:30am
Looks like a nordic reversal. Let's see if it help eurusd
COT: The precious data ignored
  • #691,099
  • Sep 12, 2012 9:31am Sep 12, 2012 9:31am
Quoting attila
thanks.. long's closed. We're still undecided.. Remember this.. A long dive from resistance straight into support fails to break it more often than not.
You mean the first test after a sharp move, likely not to penetrate?

But when its slowly banging on the door its more likely to fail?

If I understand what you are saying anyway. From my experience watching S/R levels I'd say I have to agree with you
Be hopeful in a winning position, and fearful in a losing position.
  • #691,100
  • Sep 12, 2012 9:33am Sep 12, 2012 9:33am
It seems the bears are defending 2900 pretty well... Bulls can't keep it above..We'll see what happens.. I'm watching that support right now.
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