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Trading EURUSD only

  • #3,081
  • Oct 18, 2012 2:56pm Oct 18, 2012 2:56pm
Quoting stevewalker
today is almost over.

see you guys @ asian session

i was shocked.....you did not even post any thread.....i thought you missed this rally.....

see you later....!!!!
  • #3,082
  • Oct 18, 2012 5:52pm Oct 18, 2012 5:52pm
What's up my friends!? I missed all kinds.....again!!!!
  • #3,083
  • Oct 18, 2012 9:59pm Oct 18, 2012 9:59pm
Sam

i forgot to tell the AU trade i took yesterday on 4H. It looks bearish pattern..
Sold at 1.0381 target 1.0310
Forex Learner
  • #3,084
  • Oct 18, 2012 11:07pm Oct 18, 2012 11:07pm
Trading EURUSD Only!
Quoting rkr81
Sam

i forgot to tell the AU trade i took yesterday on 4H. It looks bearish pattern..
Sold at 1.0381 target 1.0310
  • #3,085
  • Oct 18, 2012 11:09pm Oct 18, 2012 11:09pm
we have a strange flat formation witha very tight range.
& it is looking down.

will try to sell from top of the range to get a better entry point.
  • #3,086
  • Oct 18, 2012 11:11pm Oct 18, 2012 11:11pm
.
Attached Image (click to enlarge)
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  • #3,087
  • Oct 18, 2012 11:12pm Oct 18, 2012 11:12pm
.
Attached Image (click to enlarge)
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  • #3,088
  • Oct 18, 2012 11:15pm Oct 18, 2012 11:15pm
ok

we got a 20 pip range consolidation range.
very tight & straight.

it is not much giving the sign of direction.

So I can try both direction with tigth SL.

Quoting stevewalker
we have a strange flat formation witha very tight range.
& it is looking down.

will try to sell from top of the range to get a better entry point.
  • #3,089
  • Oct 18, 2012 11:16pm Oct 18, 2012 11:16pm
better seen @ 30 M chart
Attached Image (click to enlarge)
Click to Enlarge Name: q3.jpg Size: 244 KB
  • #3,090
  • Oct 18, 2012 11:19pm Oct 18, 2012 11:19pm
when looking daily chart
I FEEL like it will make another attack to break 3150

but no sign of proof.
  • #3,091
  • Oct 18, 2012 11:20pm Oct 18, 2012 11:20pm
coffee time
  • #3,092
  • Oct 18, 2012 11:22pm Oct 18, 2012 11:22pm
will post a chart about how it did break down in 5 min
  • #3,093
  • Oct 18, 2012 11:27pm Oct 18, 2012 11:27pm
ok
yesterday breakdown

price was ranging between 3115 & 3082
& was narrowing from with flat bottom

after 3 attemp, it breaked it @ 4th one.
Attached Image (click to enlarge)
Click to Enlarge Name: q3.jpg Size: 246 KB
  • #3,094
  • Oct 18, 2012 11:29pm Oct 18, 2012 11:29pm
I traded 2 attemps & ended with BE

watched the 3rd one while doing nothing

it was a nice smooth down move.

PS : I generally dont try more then 2 for same trade.

Quoting stevewalker
ok
yesterday breakdown

price was ranging between 3115 & 3082
& was narrowing from with flat bottom

after 3 attemp, it breaked it @ 4th one.
  • #3,095
  • Oct 18, 2012 11:30pm Oct 18, 2012 11:30pm
now better focus on new trade for some pips if we can
  • #3,096
  • Oct 18, 2012 11:34pm Oct 18, 2012 11:34pm
Call me crazy but I'm still Bullish, and if you view the news, the movement towards a central fiscal entity in Europe is probably viewed as stability.

Holding valiantly onto my Longs!

Good Luck to all!
  • #3,097
  • Oct 18, 2012 11:40pm Oct 18, 2012 11:40pm
why crazy?

we have 2 only POSS.

up/down

you say UP.

Quoting QuantumLimit
Call me crazy but I'm still Bullish, and if you view the news, the movement towards a central fiscal entity in Europe is probably viewed as stability.

Holding valiantly onto my Longs!

Good Luck to all!
  • #3,098
  • Oct 18, 2012 11:43pm Oct 18, 2012 11:43pm
when lookin formation @ 15 M chart

for up:
the best will be a break from top of the bounce. it will make a last bounce half & wait @ top for 1 or 3 bars then fast up

for down:
we may see standart down break move as we see @ last break.

those are only possibilities.
  • #3,099
  • Oct 18, 2012 11:48pm Oct 18, 2012 11:48pm
best sign for move will be either expanding or narrowing zone & bounce %50 of any from below/over then move. this is much easy to determine.
  • #3,100
  • Oct 18, 2012 11:59pm Oct 18, 2012 11:59pm
reffering to the qouted post;
from now I will trade 2 x normal size for each trade & exit %50 with 10-20 pip range
%50 remaining will be runner for target.


Quoting stevewalker
today I could have 50 pips ( including last night BE ) in total.
&
actually have NULL.

those moments I really think of becoming a only scalper

PS : I have No offense to scalpers. every trade with profit is good trade
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