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Trading EURUSD only

  • #10,561
  • Nov 8, 2012 4:39am Nov 8, 2012 4:39am
impulsive movement down incoming
  • #10,562
  • Nov 8, 2012 4:40am Nov 8, 2012 4:40am
or
it may build another CZ @ 5M 15M
2723
2736

Quoting stevewalker
back to over 2736
  • #10,563
  • Nov 8, 2012 4:41am Nov 8, 2012 4:41am
how can be trading this MKT.
this asking for scalping.
at all TF s
  • #10,564
  • Nov 8, 2012 4:42am Nov 8, 2012 4:42am
Quoting stevewalker
which one is trading
when?
Direction?

wtihout knowing those how will you stay away trading against them?

Event Risk:
7:45 EUR Minimum Bid Rate

Moved SL to BE+1
TP1 on half @1.2725

Correction looming and 1.2755 and 1.2781 vulnerable
"My 2 cents"
  • #10,565
  • Nov 8, 2012 4:42am Nov 8, 2012 4:42am
I start seing signs of reversal
overall pcture
  • #10,566
  • Nov 8, 2012 4:43am Nov 8, 2012 4:43am
Quoting stevewalker
how can be trading this MKT.
this asking for scalping.
at all TF s
agreed. I got pretty peeved seeing all my positions go from profit to loss back to profit back to loss back to profit at least 6 times before the massive dropped happened.

and each swing was about 6-8 pips it was crazy.
Build good relationships with others.
  • #10,567
  • Nov 8, 2012 4:44am Nov 8, 2012 4:44am
Quoting shellsnail
agreed. I got pretty peeved seeing all my positions go from profit to loss back to profit back to loss back to profit at least 6 times before the massive dropped happened.
try trading daily/weekly charts only.
TRADE FOR SWAP
  • #10,568
  • Nov 8, 2012 4:45am Nov 8, 2012 4:45am
you are tading you technicals
not bid rate desecion
correct?


Quoting Stimulus
Event Risk:
7:45 EUR Minimum Bid Rate

Moved SL to BE+1
TP1 on half @1.2725

Correction looming and 1.2755 and 1.2781 vulnerable
  • #10,569
  • Nov 8, 2012 4:45am Nov 8, 2012 4:45am
bid rate will be the same
  • #10,570
  • Nov 8, 2012 4:46am Nov 8, 2012 4:46am
it does not matter
the entry & exit formations same
1M or D1

when/if does not move you got same RR


Quoting cgldsmth
try trading daily/weekly charts only.
  • #10,571
  • Nov 8, 2012 4:46am Nov 8, 2012 4:46am
Lets see if the price continue to go north seems quite probable
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Sic Transit Gloria Mundi ~ Thus passes the glory of the world
  • #10,572
  • Nov 8, 2012 4:46am Nov 8, 2012 4:46am
Quoting cgldsmth
try trading daily/weekly charts only.
I was trading 4HR, but that was crazy too, all my reversal signals were failing in this market lol.

anyway I am out of my longs and back short according to my rules
Build good relationships with others.
  • #10,573
  • Nov 8, 2012 4:47am Nov 8, 2012 4:47am
Quoting Stimulus
Event Risk:
7:45 EUR Minimum Bid Rate

Moved SL to BE+1
TP1 on half @1.2725

Correction looming and 1.2755 and 1.2781 vulnerable
if 1.2755 holds still looking for 1.2640 = 139 pips,leg of 1st drop from 1.2877
"My 2 cents"
  • #10,574
  • Nov 8, 2012 4:48am Nov 8, 2012 4:48am
the only difference is overall cost
Quoting stevewalker
it does not matter
the entry & exit formations same
1M or D1

when/if does not move you got same RR
  • #10,575
  • Nov 8, 2012 4:48am Nov 8, 2012 4:48am
Quoting stevewalker
it does not matter
the entry & exit formations same
1M or D1

when/if does not move you got same RR
except there's less in-out and loss of spread pips, less fear, less panic....
TRADE FOR SWAP
  • #10,576
  • Nov 8, 2012 4:49am Nov 8, 2012 4:49am
it reversing
believe it or not
soon we will more signs of it
  • #10,577
  • Nov 8, 2012 4:49am Nov 8, 2012 4:49am
yes
posted min ago
cost is the difference

Quoting cgldsmth
except there's less in-out and loss of spread pips, less fear, less panic....
  • #10,578
  • Nov 8, 2012 4:51am Nov 8, 2012 4:51am
Quoting stevewalker
it reversing
believe it or not
soon we will more signs of it
If I am right we should see some downward movement soon, else I am out of this market
Build good relationships with others.
  • #10,579
  • Nov 8, 2012 4:54am Nov 8, 2012 4:54am
here we go

1H chart

it is tryig to build triple bottom
after printing 2 bottom, 3 rd breaking while forming

2 attamps for triple bottom failed.
now it will try more for a triplle bottom


Quoting stevewalker
it reversing
believe it or not
soon we will more signs of it
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  • #10,580
  • Nov 8, 2012 4:55am Nov 8, 2012 4:55am
Quoting stevewalker
here we go

1H chart

it is tryig to build triple bottom
after printing 2 bottom, 3 rd breaking while forming

2 attamps for triple bottom failed.
now it will try more for a triplle bottom
Or you know the simple alternative could just be the market is trying to head lower hehe

o.k. down move now, let's see where this takes us.
Build good relationships with others.
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