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Trading EURUSD only

  • #4,701
  • Oct 24, 2012 10:14am Oct 24, 2012 10:14am
price moved down to 2921 no major reaction

then moved 2982 some were waiting for fast down move some vice verse

nothing happened.

no pending orders from big players. empty orderbook.

they just push it up to safe level & parked until rate desecion
  • #4,702
  • Oct 24, 2012 10:14am Oct 24, 2012 10:14am
?
Quoting morob
This
  • #4,703
  • Oct 24, 2012 10:15am Oct 24, 2012 10:15am
Quoting stevewalker
?
Oanda
  • #4,704
  • Oct 24, 2012 10:16am Oct 24, 2012 10:16am
starting from 5M price forming Narrowing zone .

Quoting stevewalker
price moved down to 2921 no major reaction

then moved 2982 some were waiting for fast down move some vice verse

nothing happened.

no pending orders from big players. empty orderbook.

they just push it up to safe level & parked until rate desecion
  • #4,705
  • Oct 24, 2012 10:17am Oct 24, 2012 10:17am
Quoting mok1one
And i'm waiting it to break down
And another bounce off the trendline:S gosh.
  • #4,706
  • Oct 24, 2012 10:17am Oct 24, 2012 10:17am
does Oanda MT4 has DOM ( Depth Of Market ) as a tool
Quoting morob
Oanda
  • #4,707
  • Oct 24, 2012 10:17am Oct 24, 2012 10:17am
.
Quoting stevewalker
starting from 5M price forming Narrowing zone .
Quoting mok1one
And another bounce off the trendline:S gosh.
  • #4,708
  • Oct 24, 2012 10:20am Oct 24, 2012 10:20am
Quoting stevewalker
does Oanda MT4 has DOM ( Depth Of Market ) as a tool

I dont think in mt4 but the have own platform maybe there
  • #4,709
  • Oct 24, 2012 10:20am Oct 24, 2012 10:20am
ok
TY

Quoting morob
I dont think in mt4 but the have own platform maybe there
  • #4,710
  • Oct 24, 2012 10:23am Oct 24, 2012 10:23am
Seems dax is breaking the upward trendline, this is really good for eur/usd to go down if it checks
  • #4,711
  • Oct 24, 2012 10:30am Oct 24, 2012 10:30am
didn't break yet, always check for confirmation on 5m or 15m, 1m is unreliable
  • #4,712
  • Oct 24, 2012 10:45am Oct 24, 2012 10:45am
Quoting stevewalker
my guess until 21:00 gmt+3 no proper move that we can predict.

And this 15 pips move expected
Attached Image (click to enlarge)
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  • #4,713
  • Oct 24, 2012 10:47am Oct 24, 2012 10:47am
I will take this short....@2947.....
  • #4,714
  • Oct 24, 2012 10:48am Oct 24, 2012 10:48am
Quoting morob
And this 15 pips move expected
got it not 15 but 6pips all in, it was so fast, that my take profit was
fished early

BTW: thanks morob
just do it
  • #4,715
  • Oct 24, 2012 10:49am Oct 24, 2012 10:49am
I'm short, will take profit at 1.2925, Dax broke that line and gave eur usd momentum, now it's up for sp500 to break that support as well
  • #4,716
  • Oct 24, 2012 10:51am Oct 24, 2012 10:51am
bounced below 15M narrowing zone %50 level @2963
remeber 2962

for me those are fake moves.

Quoting stevewalker
starting from 5M price forming Narrowing zone .
  • #4,717
  • Oct 24, 2012 10:51am Oct 24, 2012 10:51am
sp500 almost breaking the support, dax trying to break a new one, if it breaks short eur/usd

By the way, im new to the forum maybe I should shut up....
  • #4,718
  • Oct 24, 2012 10:52am Oct 24, 2012 10:52am
Quoting thodie
got it not 15 but 6pips all in, it was so fast, that my take profit was
fished early

BTW: thanks morob
Np

good to hear this

I stop at 50 could get swampy for shorts under
  • #4,719
  • Oct 24, 2012 10:53am Oct 24, 2012 10:53am
@ 15M
mind 2 Violet Dots in white Circle
bıunce just below


Quoting stevewalker
bounced below 15M narrowing zone %50 level @2963
remeber 2962

for me those are fake moves.
Attached Image (click to enlarge)
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  • #4,720
  • Oct 24, 2012 10:53am Oct 24, 2012 10:53am
Quoting asfour
We have support @ 100 sma 5m.
let's see what will happen?!
I will set TP @ 1.2935 (D_S1)
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