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Trading EURUSD only

  • #7,701
  • Nov 2, 2012 8:24am Nov 2, 2012 8:24am
with respect to Longs

Nasty, ill MKT
  • #7,702
  • Nov 2, 2012 8:25am Nov 2, 2012 8:25am
going short in 38.2
  • #7,703
  • Nov 2, 2012 8:25am Nov 2, 2012 8:25am
we need more Bears
but not drunk ones

Quoting 4xPIPAHOLIC
WOW!!! Is this crazy or is this crazy!!!
  • #7,704
  • Nov 2, 2012 8:26am Nov 2, 2012 8:26am
dont know
too slow

Quoting Stimulus
Yeh 30 mins usually PA stabilizes, but London close may sell off, then 3 to 4 pm could sell off. Its a big bear raid, not just a news day.
  • #7,705
  • Nov 2, 2012 8:26am Nov 2, 2012 8:26am
Quoting stevewalker
we need more Bears
but not drunk ones
Yes I can see that....
  • #7,706
  • Nov 2, 2012 8:27am Nov 2, 2012 8:27am
Quoting Stimulus
I said it before, I like your lines. I just need to practice with them to put on my chart. Any tips.
I answered in that post

http://www.forexfactory.com/showthre...28#post6156428
  • #7,707
  • Nov 2, 2012 8:29am Nov 2, 2012 8:29am
To be honest I love the PA right now.
Scalped short for +15 and now running long +10 already Between those 2 5min channel lines (gray) .
Attached Image (click to enlarge)
Click to Enlarge Name: scalp.JPG Size: 84 KB
  • #7,708
  • Nov 2, 2012 8:29am Nov 2, 2012 8:29am
Quoting stevewalker
dont know
too slow
3rd wave may be slowing, with a 4th ABC correction, but im leaning to a flat because who wants long. Then another leg down. I gotta measure 1st wave to get target, but I think it was around 93 pips.
"My 2 cents"
  • #7,709
  • Nov 2, 2012 8:32am Nov 2, 2012 8:32am
Quoting mok1one
To be host I love the PA right now.
Scalped short for +15 and now running long +10 already Between those 2 5min channel lines (gray) .
PA is being very predictable if you use FIbos, Pivots, and midpivots.
"My 2 cents"
  • #7,710
  • Nov 2, 2012 8:32am Nov 2, 2012 8:32am
super

Quoting mok1one
To be host I love the PA right now.
Scalped short for +15 and now running long +10 already Between those 2 5min channel lines (gray) .
  • #7,711
  • Nov 2, 2012 8:34am Nov 2, 2012 8:34am
5M watching
  • #7,712
  • Nov 2, 2012 8:34am Nov 2, 2012 8:34am
My long is looking very grim...
  • #7,713
  • Nov 2, 2012 8:37am Nov 2, 2012 8:37am
it did not move up with the news
waved in 15 pip range with 5 pip spread.
&
pending shorts did not triggered from higher levels.
that was a planned move.
  • #7,714
  • Nov 2, 2012 8:38am Nov 2, 2012 8:38am
Quoting mok1one
I mostly draw them like this.
I'll take the chart i posted as an example.
Green (with green circles). i took the high and the second high and the lower channel is drawn from the low BETWEEN them.
Pink (with red circles ). I took the high and connected with the previous lower high and then lower channel again connected with low BETWEEN the highs.
I connect highs for downtrend and lows for uptrend. If at least 2 channel lines match with price the rest(future) will match aswell I found it good to draw channels...
Thanks Mok1one.
Just to verify, it s the standard Fibo channel tool?
"My 2 cents"
  • #7,715
  • Nov 2, 2012 8:38am Nov 2, 2012 8:38am
I could start buying from here if not Friday.
  • #7,716
  • Nov 2, 2012 8:38am Nov 2, 2012 8:38am
So i guess they did it on purpose so bulls have a chance now =)
  • #7,717
  • Nov 2, 2012 8:38am Nov 2, 2012 8:38am
Quoting stevewalker
it did not move up with the news
waved in 15 pip range with 5 pip spread.
&
pending shorts did not triggered from higher levels.
that was a planned move.
I see that now....Can you tell im a newbie??
  • #7,718
  • Nov 2, 2012 8:38am Nov 2, 2012 8:38am
Quoting mok1one
To be honest I love the PA right now.
Scalped short for +15 and now running long +10 already Between those 2 5min channel lines (gray) .
long TP +7. Also another Short after that +5. Now long again.
  • #7,719
  • Nov 2, 2012 8:39am Nov 2, 2012 8:39am
Quoting Stimulus
Thanks Mok1one.
Just to verify, it s the standard Fibo channel tool?
Standard MT4 Fibchannel. Insert-Channels-Fib
  • #7,720
  • Nov 2, 2012 8:40am Nov 2, 2012 8:40am
?
Quoting DizzyP
I see that now....Can you tell im a newbie??
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