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Trading EURUSD only

  • #10,981
  • Nov 8, 2012 1:59pm Nov 8, 2012 1:59pm
when said stop then stop
I asked for this!!!


Quoting stevewalker
stupid me!!!
  • #10,982
  • Nov 8, 2012 1:59pm Nov 8, 2012 1:59pm
Not trading here (but still wait for my +6 pips left )
Quoting stevewalker
I feel like I am the only one trading it
  • #10,983
  • Nov 8, 2012 1:59pm Nov 8, 2012 1:59pm
got it
logic
GL
Quoting xandi
because asia can brings us this time the range pips that we had not during the day...
and also because I can be focus and trade without working at sime time
  • #10,984
  • Edited 2:18pm Nov 8, 2012 2:04pm | Edited 2:18pm
Guys, watch EUR/USD, I think fireworks soon.

Let me go get my popcorn

remember the long term top we had this morning that I showed on the 3 min charts..

Well here we have the same thing except thrice as big - ultra long term top which means it's likely a daily trend reflecting on the 3min...

Now we just need the trendlines to start breaking
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  • #10,985
  • Nov 8, 2012 2:20pm Nov 8, 2012 2:20pm
Up/Down?
& you can quote your post for better understanding
rather then popcorn
Quoting shellsnail
Guys, watch EUR/USD, I think fireworks soon.

Let me go get my popcorn

remember the long term top we had this morning that I showed on the 3 min charts..

Well here we have the same thing except thrice as big - ultra long term top which means it's likely a daily trend reflecting on the 3min...

Now we just need the trendlines to start breaking
  • #10,986
  • Nov 8, 2012 2:21pm Nov 8, 2012 2:21pm
GL
Quoting Cjf
Not trading here (but still wait for my +6 pips left )
  • #10,987
  • Nov 8, 2012 2:23pm Nov 8, 2012 2:23pm
Quoting stevewalker
Up/Down?
& you can quote your post for better understanding
rather then popcorn
Down, SUPER down.
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  • #10,988
  • Nov 8, 2012 2:24pm Nov 8, 2012 2:24pm
Quoting shellsnail
Down, SUPER down.
Well it's the kind of trade which triggered will be a 100% win if you take profit at say 10-20 pips? but i think this will be the start of the daily downtrend for the month of november...

but we will see
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  • #10,989
  • Nov 8, 2012 2:26pm Nov 8, 2012 2:26pm
remember last year S&P finished at the same price as 2010... it'd be quite amusing if the stock market reverses back down and closes at the same price as 2011... lol
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  • #10,990
  • Nov 8, 2012 2:31pm Nov 8, 2012 2:31pm
Flat , flat. Time for coofe to me.
  • #10,991
  • Nov 8, 2012 3:06pm Nov 8, 2012 3:06pm
TL reject is in action
Longs are in progress
will post hte chart I have 3 long trade FL

Quoting stevewalker
1H
it is following a virtual TL up

will go up
  • #10,992
  • Nov 8, 2012 3:11pm Nov 8, 2012 3:11pm
a quite risky trade due to heavy bear pressure @ MKT

but no risk no reward

% 50 Long @ 2741 FL 8

targets
2762
2782

Quoting stevewalker
TL reject is in action
Longs are in progress
will post hte chart I have 3 long trade FL
Attached Image (click to enlarge)
Click to Enlarge Name: _q.gif Size: 14 KB
  • #10,993
  • Nov 8, 2012 3:14pm Nov 8, 2012 3:14pm
when I open trades I stop posting due to watch the price action
we cant leave a born of the trade to itself. just like born of baby
& I dont like trades Floating in loss too much
better to watch
I did my job
now rest is expecting the best from MKT

Quoting stevewalker
a quite risky trade due to heavy bear pressure @ MKT

but no risk no reward

% 50 Long @ 2741 FL 8

targets
2762
2782
  • #10,994
  • Nov 8, 2012 3:17pm Nov 8, 2012 3:17pm
virtual TL worked as expected
Quoting stevewalker
when I open trades I stop posting due to watch the price action
we cant leave a born of the trade to itself. just like born of baby
& I dont like trades Floating in loss too much
better to watch
I did my job
now rest is expecting the best from MKT
Attached Image (click to enlarge)
Click to Enlarge Name: _q.gif Size: 30 KB
  • #10,995
  • Nov 8, 2012 3:21pm Nov 8, 2012 3:21pm
Quoting stevewalker
virtual TL worked as expected
when was the last time you saw price get rejected by a resistance line 8 times in a row.

this is amazing wow. someone is selling this thing repeatedly at 1.2750.
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  • #10,996
  • Nov 8, 2012 3:21pm Nov 8, 2012 3:21pm
as oosted earlier sometimes ( for every person ) knowing too much is causing conflicts!
especially when MKT slow.
due it is difficoult the get the mood. to make better choices from inventory
  • #10,997
  • Nov 8, 2012 3:22pm Nov 8, 2012 3:22pm
it is getting smashed
yes
& this is getting boring & creates conflicts at my side

Quoting shellsnail
when was the last time you saw price get rejected by a resistance line 8 times in a row.

this is amazing wow. someone is selling this thing repeatedly at 1.2750.
  • #10,998
  • Nov 8, 2012 3:23pm Nov 8, 2012 3:23pm
Quoting stevewalker
as oosted earlier sometimes ( for every person ) knowing too much is causing conflicts!
especially when MKT slow.
due it is difficoult the get the mood. to make better choices from inventory
All you need to know is that the previous high wasn't taken out, so we are still bear.
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  • #10,999
  • Nov 8, 2012 3:26pm Nov 8, 2012 3:26pm
when driving a car before taking a curve yes car moves stratight but the driver see the cure is coming. & get prepared
so yes MKT bear but we have signs of sideways MKT then probably Bull MKT.
time will tell
Quoting shellsnail
All you need to know is that the previous high wasn't taken out, so we are still bear.
  • #11,000
  • Nov 8, 2012 3:26pm Nov 8, 2012 3:26pm
Quoting stevewalker
it is getting smashed
yes
& this is getting boring & creates conflicts at my side
and the more times it works, the stronger the fall out will be...

I've heard of double tops, triple tops .... Octuple top?!

It's a range trader's fantasy.
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