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Trading EURUSD only

  • #9,901
  • Nov 7, 2012 5:41am Nov 7, 2012 5:41am
http://www.xtb.pt/documents/17944/22...=1352295026305

lateralization now then further down
  • #9,902
  • Nov 7, 2012 5:41am Nov 7, 2012 5:41am
Exit %10 +18
Flat

now I should look for more porper trades

Quoting stevewalker
Longs cleared BE
%90 Heavy & other Longs Closed
%10 Heavy FL +14 @ 2740
  • #9,903
  • Nov 7, 2012 5:42am Nov 7, 2012 5:42am
Quoting stevewalker
I should
this my style.
there are many new traders watching the actions
they should get the correct information bout trades taken by experienced traders.
I am not trying to proof something
just giving information about whats happening.

& I was wrong on Long desecion heavy Wrong

Shorts
the lesson to give to new traders is to watch closely Support/Resistance at 4/8 hours for example...and if we can understand which are those more relevant, even better!!
  • #9,904
  • Nov 7, 2012 5:43am Nov 7, 2012 5:43am
I'm short from 2740. What do you guys think? Should I exit or wait for it? Seems like it will hit 2700 soon, but I'm double my normal size on this and a little antsy.
  • #9,905
  • Nov 7, 2012 5:44am Nov 7, 2012 5:44am
The trend is down. 1.1600 would be nice. but even 1.2000 repeat would be excellent. Hard to call the bottom. can be 1.23000. markets are jumpy now.

Quoting AlbertR
It's bear, q3 working. Strong sell
  • #9,906
  • Nov 7, 2012 5:45am Nov 7, 2012 5:45am
Not funny at all

Quoting xandi
you were funny!!!
  • #9,907
  • Nov 7, 2012 5:46am Nov 7, 2012 5:46am
USD/JPY is dropping, so more upside possible on Euro. Not a direct correlation normally but it has worked in past few days, as it is relevant to $ weakness.

SL at 1.2827 now. Seems like safe place for retracement DD if you want to hold shorts and add to them.
"My 2 cents"
  • #9,908
  • Nov 7, 2012 5:47am Nov 7, 2012 5:47am
13min new 4H upper fractal
  • #9,909
  • Nov 7, 2012 5:49am Nov 7, 2012 5:49am
Quoting xandi
you were funny!!!
1.26XX FIRST
  • #9,910
  • Nov 7, 2012 5:51am Nov 7, 2012 5:51am
look 1H bars

it is going up.
it should bounce
will be clear with new bar.
  • #9,911
  • Nov 7, 2012 5:51am Nov 7, 2012 5:51am
Steve plays intraday S/R and trendline trades both long and short. Must be monitored.

Stimulus trades weekly trend with risk defined SL at prior S/R. IF DD happens I add to positions up to SL. I do not change SL, because it means I was wrongly positioned for market that week. You can leave my trades unattended up to 4hrs.
"My 2 cents"
  • #9,912
  • Nov 7, 2012 5:52am Nov 7, 2012 5:52am
if it holds 2755 it should go UP again.

Quoting stevewalker
look 1H bars

it is going up.
it should bounce
will be clear with new bar.
  • #9,913
  • Nov 7, 2012 5:53am Nov 7, 2012 5:53am
Quoting stevewalker
if it holds 2755 it should go UP again.
NO IT SELL
  • #9,914
  • Nov 7, 2012 5:54am Nov 7, 2012 5:54am
I must confess!
I am having difficoulties trading when the general thread predictions against mine.

it was not that way. I should refresh
  • #9,915
  • Nov 7, 2012 5:54am Nov 7, 2012 5:54am
?
Quoting AlbertR
NO IT SELL
  • #9,916
  • Nov 7, 2012 5:56am Nov 7, 2012 5:56am
anyway even knowing that is enough to fix it

Quoting stevewalker
I must confess!
I am having difficoulties trading when the general thread predictions against mine.

it was not that way. I should refresh
  • #9,917
  • Nov 7, 2012 5:56am Nov 7, 2012 5:56am
steve it's easy... it wants to go down but 38.2 fibonacci is really strong, after this correction if that value is broken be sure to enter short.
That is my advice
  • #9,918
  • Nov 7, 2012 5:57am Nov 7, 2012 5:57am
Quoting stevewalker
?
q3
general trend down.
Buy danger
  • #9,919
  • Nov 7, 2012 5:58am Nov 7, 2012 5:58am
Quoting stevewalker
look 1H bars

it is going up.
it should bounce
will be clear with new bar.
The long lower wicks do not look good for shorts, but again any bounce will be capped if trend is to continue technically speaking.
"My 2 cents"
  • #9,920
  • Nov 7, 2012 6:00am Nov 7, 2012 6:00am
ok
TY

Quoting AlbertR
q3
general trend down.
Buy danger
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