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Trading EURUSD only

  • #2,561
  • Oct 17, 2012 12:49pm Oct 17, 2012 12:49pm
Quoting stevewalker
in between

up or down

thank you
Neutral.Waiting to see what happens. So far seems like a bounce from fibchannel line and new high possible.
  • #2,562
  • Oct 17, 2012 12:49pm Oct 17, 2012 12:49pm
Quoting stevewalker
you dont see long & for you it is preparing for short

thank you

Exactly my friend....but that is me....a lot of my filters are weakening....a lot of them.....so what I will do is wait for the short signal....
  • #2,563
  • Oct 17, 2012 12:51pm Oct 17, 2012 12:51pm
Quoting mok1one
Neutral.Waiting to see what happens. So far seems like a bounce from fibchannel line and new high possible.
Long from 24 with micro-micro lot. SL 15 TP1 45 TP2 50
  • #2,564
  • Oct 17, 2012 12:53pm Oct 17, 2012 12:53pm
Quoting mok1one
Long from 24 with micro-micro lot. SL 15 TP1 45 TP2 50
Taken my 2nd trade today.Hope it goes well.
  • #2,565
  • Oct 17, 2012 12:56pm Oct 17, 2012 12:56pm

Quoting mok1one
Taken my 2nd trade today.Hope it goes well.
  • #2,566
  • Oct 17, 2012 12:58pm Oct 17, 2012 12:58pm
I say long ( I can not say "I see long" )

unless a waterfall can do short.
  • #2,567
  • Oct 17, 2012 12:59pm Oct 17, 2012 12:59pm
D1 upper channel 3185
  • #2,568
  • Oct 17, 2012 1:01pm Oct 17, 2012 1:01pm
for last 150 min there is only 2 BEEP

this means it is waving in a range

bottom 3115
top 3138

no sign of momentum or battle.

just waving
  • #2,569
  • Oct 17, 2012 1:02pm Oct 17, 2012 1:02pm
Quoting stevewalker
Sir

what is comment for actual situation

Hard to say right now,you know i'm bullish longer term but,
been hearing rumors about some European banks refusing to
lend to each other ,but its probably the hedges spreading it
to stop the squeeze,we've gone nowhere today really,
hard to read it,sorry.
Gun to my head i'd say pullback to something around 3050ish
then 3200 but thats really just what my chart is saying.
You can remain irrational longer than you can remain solvent.
  • #2,570
  • Oct 17, 2012 1:02pm Oct 17, 2012 1:02pm
Hello traders

I think we have a rising wedge here ... and a break in Asia session or a little sooner.

http://imageshack.us/a/img443/2264/m15rw.gif
  • #2,571
  • Oct 17, 2012 1:02pm Oct 17, 2012 1:02pm
.
Attached Image (click to enlarge)
Click to Enlarge Name: q3.jpg Size: 95 KB
  • #2,572
  • Oct 17, 2012 1:03pm Oct 17, 2012 1:03pm
thank you

without gun neutral for short term

Quoting jezek5
Hard to say right now,you know i'm bullish longer term but,
been hearing rumors about some European banks refusing to
lend to each other ,but its probably the hedges spreading it
to stop the squeeze,we've gone nowhere today really,
hard to read it,sorry.
Gun to my head i'd say pullback to something around 3050ish
then 3200 but thats really just what my chart is saying.
  • #2,573
  • Oct 17, 2012 1:09pm Oct 17, 2012 1:09pm
D1 chart

look at where it touched.

3rd der. TL -1

price currently, definetly trading old TL s.

from point of wiev of price;
the problem is not 3171
problem is the continious Yellow TL @ 3150
Attached Image (click to enlarge)
Click to Enlarge Name: q3.jpg Size: 289 KB
  • #2,574
  • Oct 17, 2012 1:11pm Oct 17, 2012 1:11pm
if it touches 3115

again

I may long until 3098 with averaging. 3098 4 H bottom channel

still thinking
  • #2,575
  • Oct 17, 2012 1:12pm Oct 17, 2012 1:12pm
Quoting stevewalker
thank you

without gun neutral for short term
I'm selling rips but as everyone saw today
that was hard work for 43 pips.

Would want it a bit lower to start buying dips.
You can remain irrational longer than you can remain solvent.
  • #2,576
  • Oct 17, 2012 1:13pm Oct 17, 2012 1:13pm
got it


the issue is

we may not see a better level to buy

Quoting jezek5
I'm selling rips but as everyone saw today
that was hard work for 43 pips.

Would want it a bit lower to start buying dips.
  • #2,577
  • Oct 17, 2012 1:14pm Oct 17, 2012 1:14pm
maybe eu will start moving next week
  • #2,578
  • Oct 17, 2012 1:15pm Oct 17, 2012 1:15pm
another point

1 H did not print any lower fractal lower then the last

all higher
  • #2,579
  • Oct 17, 2012 1:17pm Oct 17, 2012 1:17pm
Quoting stevewalker
another point

1 H did not print any lower fractal lower then the last

all higher
Thats it.
forexpillariscipline & patience Trader
  • #2,580
  • Oct 17, 2012 1:20pm Oct 17, 2012 1:20pm
Quoting stevewalker
got it


the issue is

we may not see a better level to buy

Maybe not,price will tell us that.
See you later my friend.
You can remain irrational longer than you can remain solvent.
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