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Trading EURUSD only

  • #7,741
  • Nov 2, 2012 8:53am Nov 2, 2012 8:53am
Quoting mok1one
Since it has been playing between the 5min channel lines (Gray) i think it will hit the bottom line @ 21-25.
First red line reached
First one was 15MIN channel (Green)
  • #7,742
  • Nov 2, 2012 8:53am Nov 2, 2012 8:53am
Quoting mok1one
Since it has been playing between the 5min channel lines (Gray) i think it will hit the bottom line @ 21-25.
Good Target with your system, but it may go 1 line lower.
"My 2 cents"
  • #7,743
  • Nov 2, 2012 8:53am Nov 2, 2012 8:53am
every 10 pips we have CZ @ 5M
what the hell
  • #7,744
  • Nov 2, 2012 8:54am Nov 2, 2012 8:54am
Americans in 5 minutes will show momentum
  • #7,745
  • Nov 2, 2012 8:55am Nov 2, 2012 8:55am
Quoting Stimulus
Good Target with your system, but it may go 1 line lower.
that would be epic. Lower line sits on 2777. Daily 160Pip move
  • #7,746
  • Nov 2, 2012 8:55am Nov 2, 2012 8:55am
Quoting Farrusco
closed short gained pips, now waiting for correct move to short again
You might as well go get us a coffee then, gonna be a min. Serious. Not being mean, but how many times since yesterday i say stay short from 1.2981. Still in effect.
"My 2 cents"
  • #7,747
  • Nov 2, 2012 8:57am Nov 2, 2012 8:57am
now the last hurdle. 1.2800.
  • #7,748
  • Nov 2, 2012 8:58am Nov 2, 2012 8:58am
Big pipping please !
  • #7,749
  • Nov 2, 2012 8:58am Nov 2, 2012 8:58am
yes I know target for today is lower, im just trying to scalp, im short again, I should have entered now 5 pips higher
  • #7,750
  • Nov 2, 2012 9:00am Nov 2, 2012 9:00am
I was going to re short again on another system that I have .....but it looks like it might come back a little before it continues...
  • #7,751
  • Nov 2, 2012 9:00am Nov 2, 2012 9:00am
http://blog.zap2it.com/pop2it/obama-bear-hug.jpg

Bears, loving obama since 2009
  • #7,752
  • Nov 2, 2012 9:03am Nov 2, 2012 9:03am
closed the heavy short @ 2845.
Thanks to it's size (2xNS) it weighed up the lost long from lunch and leaves me with about +6 pips (NS weighed) for the day representing little less than 0,5% profit.

If it wasn't friday I would've kept 1/2 NS as a runner btw.

But what a crazy day... Guys, if we manage to profit on these days, we're on a good way to success!

Have a nice weekend you all, I'll be back at sunday evening with a cleared, fresh mind and an all new analysis for the upcoming week
  • #7,753
  • Nov 2, 2012 9:04am Nov 2, 2012 9:04am
Quoting Farrusco
yes I know target for today is lower, im just trying to scalp, im short again, I should have entered now 5 pips higher
Oh ok, just dont be committed to any longs, close losers fast.
"My 2 cents"
  • #7,754
  • Nov 2, 2012 9:06am Nov 2, 2012 9:06am
Quoting 4xPIPAHOLIC
I was going to re short again on another system that I have .....but it looks like it might come back a little before it continues...
And there is no way I will take a short at this level.....it is way to extended.....even if it goes lower from here ....I will still not get greedy and jump in at the extension....ALL charts are due for a bounce....
my 2 cents...
  • #7,755
  • Nov 2, 2012 9:06am Nov 2, 2012 9:06am
Quoting shiko
now the last hurdle. 1.2800.
Yup 1.2800 was my target from yesterday. I figure thats gonna be a doozy to break.

1.2750 has some institutional buying, but they can get stopped too.
"My 2 cents"
  • #7,756
  • Nov 2, 2012 9:09am Nov 2, 2012 9:09am
Quoting 4xPIPAHOLIC
And there is no way I will take a short at this level.....it is way to extended.....even if it goes lower from here ....I will still not get greedy and jump in at the extension....ALL charts are due for a bounce....
my 2 cents...
I dont blame you, sell the rally. You know the deal.
"My 2 cents"
  • #7,757
  • Nov 2, 2012 9:12am Nov 2, 2012 9:12am
And let's do not forget.....the daily candle did not close below 2882 yet.....
now I am not saying that it will bounce back(don't forget , I was the major bear) but we are still not out of the woods till the daily closes below that point....
Let's see where the pull back will bring us.....
Just my thoughts....
  • #7,758
  • Nov 2, 2012 9:15am Nov 2, 2012 9:15am
Quoting luckyl
closed the heavy short @ 2845.
Thanks to it's size (2xNS) it weighed up the lost long from lunch and leaves me with about +6 pips (NS weighed) for the day representing little less than 0,5% profit.

If it wasn't friday I would've kept 1/2 NS as a runner btw.

But what a crazy day... Guys, if we manage to profit on these days, we're on a good way to success!

Have a nice weekend you all, I'll be back at sunday evening with a cleared, fresh mind and an all new analysis for the upcoming week
Gratz on staying green in account.
Take care, weather looks good from east coast
"My 2 cents"
  • #7,759
  • Nov 2, 2012 9:17am Nov 2, 2012 9:17am
Quoting Stimulus
Yup 1.2800 was my target from yesterday. I figure thats gonna be a doozy to break.

1.2750 has some institutional buying, but they can get stopped too.
this is far from over today. if it drops another 100 pips i would not be surprised. seen this many times.
  • #7,760
  • Nov 2, 2012 9:19am Nov 2, 2012 9:19am
if it breaks 1.2853 then it will correct until 1.2870..... hope not
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