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Trading EURUSD only

  • #2,981
  • Oct 18, 2012 8:16am Oct 18, 2012 8:16am
Quoting 4xPIPAHOLIC
I got hurt 2 times today and it does not look ready.....see you guys later...
i feel same way. if it doesnt bounce soon. im gonna take a nap. peace.
"My 2 cents"
  • #2,982
  • Oct 18, 2012 8:17am Oct 18, 2012 8:17am
STOP AT 1.3140 Look at a 4 hr chart and see the gift. You have res until 1.3136 but plenty of it. Several pushes to get thry 1.3135 and cant do it.

#2-Look at the 1 hour chart, its been going straight up with no pullback for like 24-30 hrs. Its tired. 40 pip risk to make 100 or more. Im in!

Plus harmonic short setting up on 4 hr and im getting in early.
  • #2,983
  • Oct 18, 2012 8:18am Oct 18, 2012 8:18am
Quoting mok1one
Both chart.5MIN-left , 15MIN-right
Long 1.3095, SL 1.3080, TP1 1.3130
"My 2 cents"
  • #2,984
  • Oct 18, 2012 8:19am Oct 18, 2012 8:19am
Quoting Stimulus
Ok we got your signal, now we need to wait for price to stabilize or reject some kind of support zone.
I hope your not taking trades by that signal.As i already told i´m still testing this, how good signals it gives.
  • #2,985
  • Oct 18, 2012 8:22am Oct 18, 2012 8:22am
Quoting Stimulus
Long 1.3095, SL 1.3080, TP1 1.3130
Quoting mok1one
I hope your not taking trades by that signal.As i already told i´m still testing this, how good signals it gives.
Hope it was not because of me
  • #2,986
  • Oct 18, 2012 8:25am Oct 18, 2012 8:25am
Quoting mok1one
Hope it was not because of me
Nah....read few post back, its a demand zone. I liked the fact you got signal. The indi seems good for fast scalping.
"My 2 cents"
  • #2,987
  • Oct 18, 2012 8:26am Oct 18, 2012 8:26am
Quoting Stimulus
Nah....read few post back, its a demand zone. I liked the fact you got signal. The indi seems good for fast scalping.
For scalping yes. So far have had 30pips from scalping those signals with micro-lots.But i feel much better now since i was not the cause of your trade
  • #2,988
  • Oct 18, 2012 8:29am Oct 18, 2012 8:29am
We have been in the area 3087-3130 for 37 HOURS. what it going on.
  • #2,989
  • Oct 18, 2012 8:33am Oct 18, 2012 8:33am
Quoting mok1one
We have been in the area 3087-3130 for 37 HOURS. what it going on.
1) look how index is ranging, high correlation
http://www.marketwatch.com/investing/index/DXY

2) awaiting news from EU summit
"My 2 cents"
  • #2,990
  • Oct 18, 2012 8:37am Oct 18, 2012 8:37am
still holding longs but same short formation @ 30 M
  • #2,991
  • Oct 18, 2012 8:38am Oct 18, 2012 8:38am
Quoting Stimulus
1) look how index is ranging, high correlation
http://www.marketwatch.com/investing/index/DXY

2) awaiting news from EU summit
thanks for heads up
  • #2,992
  • Oct 18, 2012 8:42am Oct 18, 2012 8:42am
Quoting stevewalker
still holding longs but same short formation @ 30 M
Steve glad to hear from you. thought you gave up on eu till out of range. Im thinking of ditchin all longs at 1.3115 now. Watching. assessing.
"My 2 cents"
  • #2,993
  • Oct 18, 2012 8:44am Oct 18, 2012 8:44am
exit longs BE

Flat
  • #2,994
  • Oct 18, 2012 8:45am Oct 18, 2012 8:45am
did not break 1 H lover channel properly
did not OC

but now Flat

no momentum
wait for better chance

Quoting Stimulus
Steve glad to hear from you. thought you gave up on eu till out of range. Im thinking of ditchin all longs at 1.3115 now. Watching. assessing.
  • #2,995
  • Oct 18, 2012 8:46am Oct 18, 2012 8:46am
30 M stronglt looking short

bouced severel times below from 3115
  • #2,996
  • Oct 18, 2012 8:47am Oct 18, 2012 8:47am
yes it may break 3115 with very strong up move but............
just hope wright now


Quoting stevewalker
30 M stronglt looking short

bouced severel times below from 3115
Attached Image (click to enlarge)
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  • #2,997
  • Oct 18, 2012 8:47am Oct 18, 2012 8:47am
Quoting stevewalker
did not break 1 H lover channel properly
did not OC

but now Flat

no momentum
wait for better chance
Dont blame you. I just have reminder on desk when i shorted heavy @1.3135 yesterday but didnt wait for it to bottom. it was slow process. I think same thing for longs now till 1.3140, then if we get thrust candle threw it, we move fast up.
"My 2 cents"
  • #2,998
  • Oct 18, 2012 8:48am Oct 18, 2012 8:48am
short @ 3101
  • #2,999
  • Oct 18, 2012 8:53am Oct 18, 2012 8:53am
Quoting stevewalker
short @ 3101
Uptick on Dollar index, may help you get some pips.

http://www.marketwatch.com/investing/index/DXY
"My 2 cents"
  • #3,000
  • Oct 18, 2012 8:53am Oct 18, 2012 8:53am
30 M expanding zone tested & failed to break up
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