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Trading EURUSD only

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  • Post #18,001
  • Quote
  • Nov 26, 2012 9:45am Nov 26, 2012 9:45am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
the reason of my short
is the reason of exit longs before UK session
1H printed wave #5 & now boucing below 2nd DER
 
 
  • Post #18,002
  • Quote
  • Nov 26, 2012 9:47am Nov 26, 2012 9:47am
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Farrusco
Disliked
exit my long won 3 pips waiting for a better opportunity
Ignored
do or die time for the small TFs
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,003
  • Quote
  • Nov 26, 2012 9:48am Nov 26, 2012 9:48am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
I will explain 2nd DER & 1st DER TL when I have find time
WE may be
rather then Math calculation it has another way of printing on charts
found this WE
 
 
  • Post #18,004
  • Quote
  • Nov 26, 2012 9:49am Nov 26, 2012 9:49am
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting stevewalker
Disliked
it is over
we are adults
what is happened happened
we both were wrong
Ignored
yes we did not understand what we were trying to say to each other

glad you are over it

back to trading
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,005
  • Quote
  • Nov 26, 2012 9:50am Nov 26, 2012 9:50am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts

YW
GL
Quoting Rag2RichesFX
Disliked
yes we did not understand what we were trying to say to each other

glad you are over it

back to trading
Ignored
 
 
  • Post #18,006
  • Quote
  • Nov 26, 2012 9:51am Nov 26, 2012 9:51am
  •  CheG
  • | Joined Oct 2012 | Status: Member | 128 Posts
Quoting stevewalker
Disliked
guys any outlook
bull/bear?
Ignored
Attached Image (click to enlarge)
Click to Enlarge

Name: 1.PNG
Size: 52 KB


A congestion area has formed. ~ 1.2950-1.2980.

My apologies, I don't want to play roulette here (it may even turn out to be Russian roulette) and try and 'predict' which way it is going to go. In my humble opinion a slightly better tactic would be to wait and see.


Any thoughts would be appreciated.

Thanks.
 
 
  • Post #18,007
  • Quote
  • Nov 26, 2012 9:51am Nov 26, 2012 9:51am
  •  geomink
  • | Joined Apr 2009 | Status: Member | 1,507 Posts
euro doesn't fall either with stocks fully red!!
Don't give up
 
 
  • Post #18,008
  • Quote
  • Nov 26, 2012 9:51am Nov 26, 2012 9:51am
  •  Farrusco
  • | Joined Oct 2012 | Status: Member | 1,189 Posts
climb to 2972 and ill short it target 9pips
 
 
  • Post #18,009
  • Quote
  • Nov 26, 2012 9:53am Nov 26, 2012 9:53am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
this formation shows a BO up

Quoting CheG
Disliked
Attachment 1087339

A congestion area has formed. ~ 1.2950-1.2980.

My apologies, I don't want to play roulette here (it may even turn out to be Russian roulette) and try and 'predict' which way it is going to go. In my humble opinion a slightly better tactic would be to wait and see.


Any thoughts would be appreciated.

Thanks.
Ignored
 
 
  • Post #18,010
  • Quote
  • Nov 26, 2012 9:55am Nov 26, 2012 9:55am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
15M
Attached Image (click to enlarge)
Click to Enlarge

Name: _2.gif
Size: 39 KB
 
 
  • Post #18,011
  • Quote
  • Nov 26, 2012 9:56am Nov 26, 2012 9:56am
  •  Farrusco
  • | Joined Oct 2012 | Status: Member | 1,189 Posts
steve have you went to planetary and gann topics in FF? those guys are really good I'm thinking on researching on the matter
 
 
  • Post #18,012
  • Quote
  • Nov 26, 2012 9:57am Nov 26, 2012 9:57am
  •  Etupa
  • | Joined Nov 2012 | Status: Member | 36 Posts
Quoting mok1one
Disliked
I prefer to wait for a break either direction

5MIN Chart
Ignored
Totally agree with this one, seen the same on 15M... however :

- If bulls win R1 is really near and the pullback may be terrible...?

- If bears win it could be very interesting, no really clear support here ... Shame I can't afford 150 Pips SL, my losses of friday could have been profits today, well, IF bears win though (my 2cents crystal ball)
 
 
  • Post #18,013
  • Quote
  • Nov 26, 2012 9:57am Nov 26, 2012 9:57am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
it is coiled around M1 PV @ 2967
 
 
  • Post #18,014
  • Quote
  • Nov 26, 2012 9:58am Nov 26, 2012 9:58am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
no
can you post the link
Quoting Farrusco
Disliked
steve have you went to planetary and gann topics in FF? those guys are really good I'm thinking on researching on the matter
Ignored
 
 
  • Post #18,015
  • Quote
  • Nov 26, 2012 10:00am Nov 26, 2012 10:00am
  •  CheG
  • | Joined Oct 2012 | Status: Member | 128 Posts
Quoting stevewalker
Disliked
this formation shows a BO up
Ignored
Yes, stevewalker, taking into account the bigger picture I would rather go with bulls here, but, I must admit, that numerous talks about EURO weakness at this stage might have clouded up my mind a bit. So, when in doubt sit on your hands.
 
 
  • Post #18,016
  • Quote
  • Nov 26, 2012 10:00am Nov 26, 2012 10:00am
  •  Farrusco
  • | Joined Oct 2012 | Status: Member | 1,189 Posts
http://www.forexfactory.com/showthread.php?t=108462 this is the planetary

http://www.forexfactory.com/showthread.php?t=72196 this is ganns

they are related
 
 
  • Post #18,017
  • Quote
  • Nov 26, 2012 10:01am Nov 26, 2012 10:01am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts

Quoting CheG
Disliked
Yes, stevewalker, taking into account the bigger picture I would rather go with bulls here, but, I admit, that numerous talks about EURO weakness at this stage might have clouded up my mind a bit. So, when in doubt sit on your hands.
Ignored
 
 
  • Post #18,018
  • Quote
  • Nov 26, 2012 10:01am Nov 26, 2012 10:01am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
TY
will check WE

Quoting Farrusco
Disliked
http://www.forexfactory.com/showthread.php?t=108462 this is the planetary

http://www.forexfactory.com/showthread.php?t=72196 this is ganns

they are related
Ignored
 
 
  • Post #18,019
  • Quote
  • Nov 26, 2012 10:17am Nov 26, 2012 10:17am
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting CheG
Disliked
Yes, stevewalker, taking into account the bigger picture I would rather go with bulls here, but, I must admit, that numerous talks about EURO weakness at this stage might have clouded up my mind a bit. So, when in doubt sit on your hands.
Ignored
great advice, i try to get a feel for the market for the first couple hours and not take any trades

or i take half size positions



looks like bears maybe taking over.. good sell volume last 5 minutes
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,020
  • Quote
  • Nov 26, 2012 10:19am Nov 26, 2012 10:19am
  •  Farrusco
  • | Joined Oct 2012 | Status: Member | 1,189 Posts
Quoting Rag2RichesFX
Disliked
great advice, i try to get a feel for the market for the first couple hours and not take any trades

or i take half size positions



looks like bears maybe taking over.. good sell volume last 5 minutes
Ignored

good sell volume, but keep making lower lows... indecision at the market at its best
 
 
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