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Trading EURUSD only

  • #14,801
  • Nov 18, 2012 6:52pm Nov 18, 2012 6:52pm
Gidday Traders

Holding a long 1 2760 an one further down,closed one of 3.

So close to 12800,not sure now

prefer a down move to clear some shorts
  • #14,802
  • Nov 18, 2012 6:52pm Nov 18, 2012 6:52pm
after closing short will stop until UK open
if I can he he
  • #14,803
  • Nov 18, 2012 6:54pm Nov 18, 2012 6:54pm
are mixing something.
PB for long now
which TF are you reffering for PB for short?
Quoting lama
I've had some bad trades just because of lack of Patience and Discipline . I'm waiting for pull back to short . I wanna scalp long thogh.
  • #14,804
  • Nov 18, 2012 6:56pm Nov 18, 2012 6:56pm
POSS
but for more long ( for me ) I should see upper fractal @ 1H printed
Quoting Stefanus Ben
alternative for bullish movement
  • #14,805
  • Nov 18, 2012 6:56pm Nov 18, 2012 6:56pm

Quoting EuroTraderJD
i am still long from 57
  • #14,806
  • Nov 18, 2012 6:57pm Nov 18, 2012 6:57pm
Gonna take a risk and short again at 70. Bullish move seems to have topped out for now and its high on the overall trend. Lets see if i get my ass handed to me! SL 2805.
  • #14,807
  • Nov 18, 2012 6:58pm Nov 18, 2012 6:58pm
so you have shorts & longs FL at the same time?

Quoting eliteincome
Gidday Traders

Holding a long 1 2760 an one further down,closed one of 3.

So close to 12800,not sure now

prefer a down move to clear some shorts
  • #14,808
  • Nov 18, 2012 6:58pm Nov 18, 2012 6:58pm
we can see buying pressure , and nearest resistance level is 1.2794 . So most probably price will test this level today . So why no logic to scalp long?


Quoting stevewalker
no so logic scalping long from here
it may work but not logic
my guess
  • #14,809
  • Nov 18, 2012 7:01pm Nov 18, 2012 7:01pm
bloomberg
ASIA all Green
  • #14,810
  • Nov 18, 2012 7:03pm Nov 18, 2012 7:03pm
a very basic logic
it moved up 30 pips infront of your eyes from open to here.

your current look is my guess "I missed that part, better jump in here dont miss the next part"

but when you buy from here it will be buying from high

I may be wrong.


Quoting lama
we can see buying pressure , and nearest resistance level is 1.2794 . So most probably price will test this level today . So why no logic to scalp long?
  • #14,811
  • Nov 18, 2012 7:04pm Nov 18, 2012 7:04pm
I'm referring 4h chart for price to go short bro .. BTW what is " PB" bro? I'm not used to with short forms.


Quoting stevewalker
are mixing something.
PB for long now
which TF are you reffering for PB for short?
  • #14,812
  • Nov 18, 2012 7:05pm Nov 18, 2012 7:05pm
market looks pretty dead now
  • #14,813
  • Nov 18, 2012 7:05pm Nov 18, 2012 7:05pm
Quoting lama
I'm referring 4h chart for price to go short bro .. BTW what is " PB" bro? I'm not used to with short forms.
see first page for list of abbreviations
  • #14,814
  • Nov 18, 2012 7:06pm Nov 18, 2012 7:06pm
bad RR ratio
at least 30 pips

& this action is standart & common trader mistake.
if it makes you thnik move up it will not.

when you post that "scalp long" I was more sure about my short trade will work ( BTW I was already short when you post )

again your long may work & my short my fail
but actually short has more chance then long
GL

Quoting stevewalker
a very basic logic
it moved up 30 pips infront of your eyes from open to here.

your current look is my guess "I missed that part, better jump in here dont miss the next part"

but when you buy from here it will be buying from high

I may be wrong.
  • #14,815
  • Nov 18, 2012 7:06pm Nov 18, 2012 7:06pm
yeah ! long from here is risky . My definition of scalping is just gaining 2-5 pips . I think it can be done . ~ only my opinion


Quoting stevewalker
a very basic logic
it moved up 30 pips infront of your eyes from open to here.

your current look is my guess "I missed that part, better jump in here dont miss the next part"

but when you buy from here it will be buying from high

I may be wrong.
  • #14,816
  • Nov 18, 2012 7:08pm Nov 18, 2012 7:08pm
TY
Quoting Sixpack73
see first page for list of abbreviations
  • #14,817
  • Nov 18, 2012 7:08pm Nov 18, 2012 7:08pm
GL
Quoting lama
yeah ! long from here is risky . My definition of scalping is just gaining 2-5 pips . I think it can be done . ~ only my opinion
  • #14,818
  • Nov 18, 2012 7:08pm Nov 18, 2012 7:08pm
yes EURUSD is finally dead
he he

Quoting Sixpack73
market looks pretty dead now
  • #14,819
  • Nov 18, 2012 7:10pm Nov 18, 2012 7:10pm
look
you are talking 2-5 pip scalping & reffering 4H CT with 2794 while price @ 2770
no comment

Quoting lama
we can see buying pressure , and nearest resistance level is 1.2794 . So most probably price will test this level today . So why no logic to scalp long?
  • #14,820
  • Nov 18, 2012 7:10pm Nov 18, 2012 7:10pm
Quoting stevewalker
so you have shorts & longs FL at the same time?
Hi Steve
Running with 2 brokers FXCM UK an Go markets MT4
Trading all pairs
Trading small amounts,pretty much hedging most of the time.
Looking for movement then trying to make gains on the pair which breaks away.
Seems to work,account grows daily
Trying out new ways all the time
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