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  • #693,661
  • Sep 18, 2012 3:21am Sep 18, 2012 3:21am
Quoting Rag2RichesFX
half profit taken @ 76

edit: other half stopped out @ 67

more bullish divergence though..
re entered 70

i think this is the bigger scalp here
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Be hopeful in a winning position, and fearful in a losing position.
  • #693,662
  • Sep 18, 2012 3:21am Sep 18, 2012 3:21am
Bit of a battle at the moment, someone is obviously obsessed with testing stops below. Hope bull wins, $ will be weak for a while due to helicopter ben's $$ debauchery. So any bear move is a retrace which just wastes time, lets get on with moving higher up into 1.3 territory

This is all of course just my opinion, a solid break below 1.3 would change my outlook
  • #693,663
  • Sep 18, 2012 3:24am Sep 18, 2012 3:24am
Quoting Rag2RichesFX
re entered 70

i think this is the bigger scalp here
In at 69 too. No targets yet...but ideally around 1,3105-15 for a start.

Others pairs are not supporting the move up yet...only ZEW can change things.
COT: The precious data ignored
  • #693,664
  • Sep 18, 2012 3:27am Sep 18, 2012 3:27am
Quoting kuroro001
In at 69 too. No targets yet...but ideally around 1,3105-15 for a start.

Others pairs are not supporting the move up yet...only ZEW can change things.
1.3090 my first target
Be hopeful in a winning position, and fearful in a losing position.
  • #693,665
  • Sep 18, 2012 3:28am Sep 18, 2012 3:28am
GM,
does anyone trade with MB and if yes can you access to your trading platform ???? Unable to access to my platform?

Ok, pbm solved. Disconnected 10 min and unable to reconnect.
Don't be smart. Be rich.
  • #693,666
  • Sep 18, 2012 3:32am Sep 18, 2012 3:32am
Quoting Rag2RichesFX
1.3090 my first target
87 good enough, half profit taken
Be hopeful in a winning position, and fearful in a losing position.
  • #693,667
  • Sep 18, 2012 3:34am Sep 18, 2012 3:34am
German ZEW Economic Sentiment , and spian auction due on top of the hour
Mohan
  • #693,668
  • Sep 18, 2012 3:34am Sep 18, 2012 3:34am
Quoting StopGuessing
Exactly... Then say the price goes flat at the 50 fib, Then it will be very easy to predict where the next run will be. Honestly all you have to do is understand the trends. Its so weird how no matter the run, or what the market is doing the entry based on the trend are always the same. You just have to understand that by following the rules, and not being attached to your position is how you can scalp your way to profit daily. Speaking of attached. I have included some rules for you guys to follow. Ask questions if need be.
Ok I read it.

I understand how you draw the fib based on BB.

Now in this case you would wait for prices to pull back above the 50 level and cross below to enter? Is that right? If that is the case how many pips your risk and where would you take your profit?

And how do you manage your high leverage.

If you to busy trading you need not to answer or you can do it later when convenient on the thread or via pm.
"Men who can both be right and sit tight are uncommon."
  • #693,669
  • Sep 18, 2012 3:35am Sep 18, 2012 3:35am
anyone listen/watch bloomberg TV while occasionally while trading?

ill switch on talking forex audio squawk when news comes
Be hopeful in a winning position, and fearful in a losing position.
  • #693,670
  • Sep 18, 2012 3:37am Sep 18, 2012 3:37am
Quoting StopGuessing
Exactly... Then say the price goes flat at the 50 fib, Then it will be very easy to predict where the next run will be. Honestly all you have to do is understand the trends. Its so weird how no matter the run, or what the market is doing the entry based on the trend are always the same. You just have to understand that by following the rules, and not being attached to your position is how you can scalp your way to profit daily. Speaking of attached. I have included some rules for you guys to follow. Ask questions if need be.
Thanks for sharing!

What is the setting that you have on the bollinger band.

ROOI:nerd:
We miss 100% of the shots we don't take
  • #693,671
  • Sep 18, 2012 3:38am Sep 18, 2012 3:38am
Quoting Rag2RichesFX
anyone listen/watch bloomberg TV while occasionally while trading?

ill switch on talking forex audio squawk when news comes
i used to do that, but due to lot crap these days now running on mute mode .

squawk = 100% volume
music = 20% volume
Bolloomy 0% volume , during Asian time 2 time 20%
Mohan
  • #693,672
  • Sep 18, 2012 3:38am Sep 18, 2012 3:38am
Aussie is getting kicked in her butt.

I am sure my Friend Kiwi is laughing while sizzling.
"Men who can both be right and sit tight are uncommon."
  • #693,673
  • Sep 18, 2012 3:40am Sep 18, 2012 3:40am
Quoting mohan76
i used to do that, but due to lot crap these days now running on mute mode .

squawk = 100% volume
music = 20% volume
Bolloomy 0% volume
actually i usually trade with the squawk on all the time, incase rumors or breaking news

i havent been lately though, the guy talks about too much pointless BS.. kind of how you feel about bloomy

i will start listening to squawk again though i know im at a slight disadvantage if i dont
Be hopeful in a winning position, and fearful in a losing position.
  • #693,674
  • Sep 18, 2012 3:40am Sep 18, 2012 3:40am
Quoting Mike8
Ok I read it.

I understand how you draw the fib based on BB.

Now in this case you would wait for prices to pull back above the 50 level and cross below to enter? Is that right? If that is the case how many pips your risk and where would you take your profit?

And how do you manage your high leverage.


If you to busy trading you need not to answer or you can do it later when convenient on the thread or via pm.
Well say you enter on the 50, if the trade goes your way, then the fib below the 50 (23.6 if long, 78.6 if short) will not be touch, or most importantly closed over. Your tp would be 100 fib levels in the direction in which your going. so if your long at 50. then your tp will more then likely be 150... As we move on with the lessons it will be very clear.
He who guess is LOST!
  • #693,675
  • Sep 18, 2012 3:41am Sep 18, 2012 3:41am
looks good Spain auction
Mohan
  • #693,676
  • Sep 18, 2012 3:45am Sep 18, 2012 3:45am
wow... didnt expect this much. trend continuation?

huge hidden* bearish divergence here at 96, expecting a fall back to 80
Be hopeful in a winning position, and fearful in a losing position.
  • #693,677
  • Sep 18, 2012 3:47am Sep 18, 2012 3:47am
Quoting Mike8
Aussie is getting kicked in her butt.

I am sure my Friend Kiwi is laughing while sizzling.
yes little bit, am waiting gbp make up her mind
If you are new to Forex? Say Goodbye to your account!!
  • #693,678
  • Sep 18, 2012 3:48am Sep 18, 2012 3:48am
Quoting Rag2RichesFX
wow... didnt expect this much. trend continuation?
rumor factory (Zwe)
Mohan
  • #693,679
  • Sep 18, 2012 3:51am Sep 18, 2012 3:51am
Quoting KiwiTrada
yes little bit, am waiting gbp make up her mind
I went long euraud my first entry is in +90 pips.

See, you convinced me and I shorted aud, it is all about sizzling.
"Men who can both be right and sit tight are uncommon."
  • #693,680
  • Sep 18, 2012 3:52am Sep 18, 2012 3:52am
This market has no real direction today. My bias is still short, it wants to go down but gets rejected, rejection above is even stronger.
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