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Trading EURUSD only

  • #3,141
  • Oct 19, 2012 1:34am Oct 19, 2012 1:34am
I'm waiting for a bounce from here. Fibchannel (white) is drawn and extended from the highs from wednesday. And the scalpindicator has 1m 5m 1h confirmation of a reversal.
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  • #3,142
  • Oct 19, 2012 1:35am Oct 19, 2012 1:35am
until breaking 3055 3076 range it can bounce from any level in between

POSS.

Quoting mok1one
I'm waiting for a bounce from here. Fibchannel (white) is drawn and extended from the highs from wednesday. And the scalpindicator has 1m 5m 1h confirmation of a reversal.
  • #3,143
  • Oct 19, 2012 1:37am Oct 19, 2012 1:37am
ping pong ..............

Quoting stevewalker
until breaking 3055 3076 range it can bounce from any level in between

POSS.
  • #3,144
  • Oct 19, 2012 1:37am Oct 19, 2012 1:37am
Quoting stevewalker
until breaking 3055 3076 range it can bounce from any level in between

POSS.
I'm waiting to break 78 (red fibchannel on the chart) to confirm upwards move.
  • #3,145
  • Oct 19, 2012 1:39am Oct 19, 2012 1:39am
Exit long -6 (corerection -7 )

not willing to hold "bught from top" long.
worth a try for 20-30 pip run.

but did not work. this time

Quoting stevewalker
will not hurt much, traded with small risk as mentioned for a speculative reverse move
  • #3,146
  • Oct 19, 2012 1:41am Oct 19, 2012 1:41am
for me it takes more time to fix posts for missing letters then to prepare to post.:nerd:
  • #3,147
  • Oct 19, 2012 1:43am Oct 19, 2012 1:43am
eh
when looking the actual chart I was right about exit with small loss.

Quoting stevewalker
Exit long -6 (corerection -7 )

not willing to hold "bught from top" long.
worth a try for 20-30 pip run.

but did not work. this time
  • #3,148
  • Oct 19, 2012 1:46am Oct 19, 2012 1:46am
Quoting stevewalker
eh
when looking the actual chart I was right about exit with small loss.
both sl hit -10
  • #3,149
  • Oct 19, 2012 1:48am Oct 19, 2012 1:48am
& farnkly while posting missed the 5 M formation for short
- FIRST Trade THEN Post !!!
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  • #3,150
  • Oct 19, 2012 1:49am Oct 19, 2012 1:49am
I did violate Thread rule.

there are only 3

Quoting stevewalker
& farnkly while posting missed the 5 M formation for short
- FIRST Trade THEN Post !!!
  • #3,151
  • Oct 19, 2012 1:51am Oct 19, 2012 1:51am
no worries

BTDTR
Quoting mok1one
both sl hit -10
  • #3,152
  • Oct 19, 2012 1:53am Oct 19, 2012 1:53am
now we have proper support rather then the oldies.

which is 3043/46 Fibo Level 1 & 4 H charts

Quoting stevewalker
why price rejected from 3055
here is the answer

it is a crossing point of old TL s

indicated with White

yesterday when I was offline, saw that & sclap that zone for some pips.
but cant tell you the results due did not post on time.

here it is;
4 H chart
  • #3,153
  • Oct 19, 2012 1:56am Oct 19, 2012 1:56am
mind 1 & 4 H fibo levels

Yellow
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  • #3,154
  • Oct 19, 2012 1:58am Oct 19, 2012 1:58am
Nice run down to hit the buy orders around the demand area of 3047 (check 1hr chart below), will be looking for longs from here.
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  • #3,155
  • Oct 19, 2012 2:00am Oct 19, 2012 2:00am
here is good story for you;

when I was newbie I was talking to a experiend trader.
she have said, it took 3 years for her to fix early exit problem from winners.

while listening I was loughing from inside and saying "what the hell you are talking about"

after 4 years from that date, I have still some promlem to fix. fixed alot but not enough.

fyi.

walker.
  • #3,156
  • Oct 19, 2012 2:01am Oct 19, 2012 2:01am
next time please post it a bit earlier while we still have a chace to trade


Quoting GDR3k
Nice run down to hit the buy orders around the demand area of 3047 (check 1hr chart below), will be looking for longs from here.
  • #3,157
  • Oct 19, 2012 2:03am Oct 19, 2012 2:03am
Quoting stevewalker
next time please post it a bit earlier while we still have a chace to trade

Will do, was making a megga coffee, I seem to trade better when loaded with Caffeine
  • #3,158
  • Oct 19, 2012 2:04am Oct 19, 2012 2:04am
yes I had 3 ATM.

Quoting GDR3k
Will do, was making a megga coffee, I seem to trade better when loaded with Caffeine
  • #3,159
  • Oct 19, 2012 2:07am Oct 19, 2012 2:07am
now wtih this move the outlook is changing

Quoting stevewalker
the formation of consilidation zone getting more shortish
  • #3,160
  • Oct 19, 2012 2:07am Oct 19, 2012 2:07am
I will start buying DIPs

will post

Quoting stevewalker
now wtih this move the outlook is changing
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