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  • #12,621
  • Nov 13, 2012 10:31am Nov 13, 2012 10:31am
Yes, yes, it is day trader in me. Generally, when you have trend line or support and it is broken but then price comes back and find support again it is a good sign to buy. but here it is not as simple... My MA's are still supporting short trades with no even a slightest change.
I am a trader that can reverse on the spot when I have signal but it is all short now. In any case, I have been 100+ pips on every trade hence all stops are at BE. My risk is 100 pips in most cases.

Quoting mok1one
Do i remember correctly you are short?
  • #12,622
  • Nov 13, 2012 10:31am Nov 13, 2012 10:31am
ok
Quoting shiko
However, there is no sign of reversal yet. i am still bearish on eur.
  • #12,623
  • Nov 13, 2012 10:32am Nov 13, 2012 10:32am
Quoting shiko
Bro, share news with me. what is going on? I was trading s&p500. generally was a shitty session. every trade was going into money and then BE. 3 ytrades. then again short, I got stopped first loss 2 points and I went long 8 points trade however, seeing momentum I assumed something has happened or someone was running his mouth filling markets with false optimism and hot air
Some news from € that made the EUR/USD move a little

German Press: Greece to get E44 billion in aid in one payment - MNI

9 MIN later

German Finmin spokeswoman, no final decision yet on Greek loans
  • #12,624
  • Nov 13, 2012 10:33am Nov 13, 2012 10:33am
Quoting shiko
Yes, yes, it is day trader in me. Generally, when you have trend line or support and it is broken but then price comes back and find support again it is a good sign to buy. but here it is not as simple... My MA's are still supporting short trades with no even a slightest change.
I am a trader that can reverse on the spot when I have signal but it is all short now. In any case, I have been 100+ pips on every trade hence all stops are at BE. My risk is 100 pips in most cases.
Mate what happened to dax and us500?
  • #12,625
  • Nov 13, 2012 10:33am Nov 13, 2012 10:33am
do you remeber those white HR lines on 1M chart
I do
Attached Image (click to enlarge)
Click to Enlarge Name: _3.gif Size: 12 KB
  • #12,626
  • Nov 13, 2012 10:34am Nov 13, 2012 10:34am
if it pass 1.274 then yes it's a reversal
  • #12,627
  • Nov 13, 2012 10:40am Nov 13, 2012 10:40am
it it test 2720 again will add more shorts
  • #12,628
  • Nov 13, 2012 10:41am Nov 13, 2012 10:41am
I do not know. i only trade ES. must be up too I suppose.

Quoting Farrusco
Mate what happened to dax and us500?
  • #12,629
  • Nov 13, 2012 10:42am Nov 13, 2012 10:42am
Quoting stevewalker
it it test 2720 again will add more shorts
you making me nervous with that post
  • #12,630
  • Nov 13, 2012 10:42am Nov 13, 2012 10:42am
The funniest part. My boy 1 year 2 months old has a really nasty habit of turning PC off while walking by. He has turned it while I was trading futures 3 times. i thought I would get a stroke.
  • #12,631
  • Nov 13, 2012 10:42am Nov 13, 2012 10:42am
Any little bad news about EU, will rock this pair to bottom again
  • #12,632
  • Nov 13, 2012 10:43am Nov 13, 2012 10:43am
?
Quoting mok1one
you making me nervous with that post
  • #12,633
  • Nov 13, 2012 10:43am Nov 13, 2012 10:43am
let me guess
honestly
you are short
Quoting DavidHoh
Any little bad news about EU, will rock this pair to bottom again
  • #12,634
  • Nov 13, 2012 10:44am Nov 13, 2012 10:44am
Quoting stevewalker
?
I'm still waiting for 31
  • #12,635
  • Nov 13, 2012 10:44am Nov 13, 2012 10:44am
it looks like double top. low risk opportunity.

Quoting mok1one
you making me nervous with that post
  • #12,636
  • Nov 13, 2012 10:45am Nov 13, 2012 10:45am
I would go short without thinking twice, obviously without betting the farm
  • #12,637
  • Nov 13, 2012 10:45am Nov 13, 2012 10:45am
I see
the formation @ 5M also good for long
So dont be hurry
it may move up further
2709 is key

Quoting mok1one
I'm still waiting for 31
  • #12,638
  • Nov 13, 2012 10:47am Nov 13, 2012 10:47am
Quoting stevewalker
it it test 2720 again will add more shorts
I was thinking same, but the 1.2720s needs to be contained or we ar looking at 1.2755 area AGAIN.
"My 2 cents"
  • #12,639
  • Nov 13, 2012 10:48am Nov 13, 2012 10:48am
Quoting shiko
it looks like double top. low risk opportunity.
I'm not adding any longs that's for sure. Sitting on one from 73.
But it seems this fibchannel on 20 is really strong. Been rejected for 6 times already on 5MIN chart.
  • #12,640
  • Nov 13, 2012 10:49am Nov 13, 2012 10:49am
we need a upper fractal @ 15M
no upper for last 20 bars
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