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Trading EURUSD only

  • #2,801
  • Oct 18, 2012 2:19am Oct 18, 2012 2:19am
WOW ! Even if it is, it is running away to fast too far.....I will have to wait for a pullback to the MA's...
  • #2,802
  • Oct 18, 2012 2:28am Oct 18, 2012 2:28am
Took my short from yesterday +15. Long +5. Now short from 15again. Too bad i decided to trade microlots this week due to the crazyness (5 - 10 € positions).
  • #2,803
  • Oct 18, 2012 2:29am Oct 18, 2012 2:29am
Morning guys,i'm still selling rips at the moment,
going to be taking half of these off soon,nice run thismorning.
Not going to be around much for a few days,take care.
Attached Image (click to enlarge)
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You can remain irrational longer than you can remain solvent.
  • #2,804
  • Oct 18, 2012 2:32am Oct 18, 2012 2:32am
What a crazy move.....!!! Got a very very small position on on the small PB.....I am waiting for the PB to the MA'S to add a fuul position...if it ever get there.....cause it is setting up for something big the way it looks...
  • #2,805
  • Oct 18, 2012 2:33am Oct 18, 2012 2:33am
Quoting jezek5
Morning guys,i'm still selling rips at the moment,
going to be taking half of these off soon,nice run thismorning.
Not going to be around much for a few days,take care.
Nice!!!
Take care jezek5..see you soon...
  • #2,806
  • Oct 18, 2012 2:34am Oct 18, 2012 2:34am
Quoting 4xPIPAHOLIC
WOW ! Even if it is, it is running away to fast too far.....I will have to wait for a pullback to the MA's...

i would stay away now
  • #2,807
  • Oct 18, 2012 2:37am Oct 18, 2012 2:37am
Looking for reasons to buy not sell now.
"My 2 cents"
  • #2,808
  • Oct 18, 2012 2:38am Oct 18, 2012 2:38am
Quoting shiko
i would stay away now
  • #2,809
  • Oct 18, 2012 2:38am Oct 18, 2012 2:38am
Quoting 4xPIPAHOLIC
What a crazy move.....!!! Got a very very small position on on the small PB.....I am waiting for the PB to the MA'S to add a fuul position...if it ever get there.....cause it is setting up for something big the way it looks...
Agreed. I also think it's getting ready for a big move.
  • #2,810
  • Oct 18, 2012 2:40am Oct 18, 2012 2:40am
Quoting Stimulus
Looking for reasons to buy not sell now.
The index just broke out.....this is going a lot lower....we may have a small pullback...but it is going lower for sure my friend...
  • #2,811
  • Oct 18, 2012 2:40am Oct 18, 2012 2:40am
Quoting Stimulus
Looking for reasons to buy not sell now.
it needs to show to get stuck slow down somewhere although it is having problems so far to get lower., it is uptrend now so odds are better and pips are better long side.
  • #2,812
  • Oct 18, 2012 2:40am Oct 18, 2012 2:40am
If it down below 1.3083 I think it will go down to @1.3050 and then I will think about buying
  • #2,813
  • Oct 18, 2012 2:43am Oct 18, 2012 2:43am
Its a wave 4 correction. It cannot fall below 1.3000 or my bullish wave count is broken. Wave 5 breaks yesterdays highs if count legit.
"My 2 cents"
  • #2,814
  • Oct 18, 2012 2:43am Oct 18, 2012 2:43am
Quoting 4xPIPAHOLIC
The index just broke out.....this is going a lot lower....we may have a small pullback...but it is going lower for sure my friend...
on daily usd index just inside bar so far and eur is testing previous tops as support.
  • #2,815
  • Oct 18, 2012 2:44am Oct 18, 2012 2:44am
Quoting Stimulus
Its a wave 4 correction. It cannot fall below 1.3000 or my bullish wave count is broken. Wave 5 breaks yesterdays highs if count legit.

elliot waves?
  • #2,816
  • Oct 18, 2012 2:46am Oct 18, 2012 2:46am
Quoting Stimulus
Its a wave 4 correction. It cannot fall below 1.3000 or my bullish wave count is broken. Wave 5 breaks yesterdays highs if count legit.
That is a good enough move for me....
As long as it gets there.....I believe it will cause when the index breaks out it usually goes for a while, except if we have a PB....witch can change the situation...lets see...
  • #2,817
  • Oct 18, 2012 2:47am Oct 18, 2012 2:47am
That move just bumped tight long stops out. 1.3050 is better buy and textbook .382 from 1.2892
"My 2 cents"
  • #2,818
  • Oct 18, 2012 2:53am Oct 18, 2012 2:53am
This is the season for risk. Presidential campain season has high rate of positive markets. Couple that with QE infinity. Its a buying frenzy for fund managers that have lagged this year. 1.3480 is minimum if this keeps up. 1.39 if we have new years continuation.
"My 2 cents"
  • #2,819
  • Edited 3:06am Oct 18, 2012 2:53am | Edited 3:06am
Quoting shiko
on daily usd index just inside bar so far and eur is testing previous tops as support.
Yes I agree....but look at there strength.....we want to be in before the move, not after....if I get a signal on the chart....and the index is super weak I will risk 10 pips for 80 pips profit....or more....
Like we said each trader trades what he sees...and no one is GOD.....we are all going to get stopped out sooner or later....the trick is to stick to your system....and do not blend with others system.... especially when it is proven...
  • #2,820
  • Oct 18, 2012 3:08am Oct 18, 2012 3:08am
Quoting Stimulus
This is the season for risk. Presidential campain season has high rate of positive markets. Couple that with QE infinity. Its a buying frenzy for fund managers that have lagged this year. 1.3480 is minimum if this keeps up. 1.39 if we have new years continuation.
Yes I agree.....but the market has to correct....it does not go straight up...long term it is long for sure....you are 100% correct....
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