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Trading EURUSD only

  • #19,561
  • Nov 29, 2012 9:12am Nov 29, 2012 9:12am
USD results surprised market so it think a down wave is necessary.
  • #19,562
  • Nov 29, 2012 9:12am Nov 29, 2012 9:12am
Quoting mok1one
  • #19,563
  • Nov 29, 2012 9:13am Nov 29, 2012 9:13am
LG added 2977
  • #19,564
  • Nov 29, 2012 9:14am Nov 29, 2012 9:14am
expected but surprising move @ US session
  • #19,565
  • Nov 29, 2012 9:14am Nov 29, 2012 9:14am
downmove explained: senate said agreement on fiscal cliff WAS FAR
  • #19,566
  • Nov 29, 2012 9:16am Nov 29, 2012 9:16am
Quoting XharpScalper
USD results surprised market so it think a down wave is necessary.
All the sooner to take the punchbowl away...
  • #19,567
  • Nov 29, 2012 9:16am Nov 29, 2012 9:16am
we have enough war between EU vs US
now Obama vs WS added on the top of that

Quoting Farrusco
downmove explained: senate said agreement on fiscal cliff WAS FAR
  • #19,568
  • Nov 29, 2012 9:19am Nov 29, 2012 9:19am
Quoting stevewalker
LG added 2977
H4
  • #19,569
  • Nov 29, 2012 9:23am Nov 29, 2012 9:23am
yes not good
will reverse somewhere

Quoting paul-fx
H4
  • #19,570
  • Nov 29, 2012 9:25am Nov 29, 2012 9:25am
Quoting stevewalker
yes not good
will reverse somewhere
Fib channel line at about 2972
  • #19,571
  • Nov 29, 2012 9:25am Nov 29, 2012 9:25am
1.2989 my pending order for short stop loss 1.29985

t/p 1.2955
  • #19,572
  • Nov 29, 2012 9:27am Nov 29, 2012 9:27am
Tough will going all the way up and i leave screen just for 25 minute
and now my SL hit
what a crazy move
You see, but you do not observe. The distinction is clear
  • #19,573
  • Nov 29, 2012 9:28am Nov 29, 2012 9:28am
BO trading always has that danger
MFE 15
MAE 25
in 15 min
  • #19,574
  • Nov 29, 2012 9:29am Nov 29, 2012 9:29am
Quoting mok1one
http://www.forexfactory.com/showthre...13#post6244313

UPDATE.

15MIN Chart
Shorts 11, 06, 00, 95 TP hit @ 76 for total +108
Done trading for today, just watching charts from now on (because I'm at work and can't leave the screen)

5MIN 15MIN 30MIN
Attached Image (click to enlarge)
Click to Enlarge Name: 51530.JPG Size: 104 KB
  • #19,575
  • Nov 29, 2012 9:29am Nov 29, 2012 9:29am
Got stopped out on this down move but I made +35 pip ... my swing trade became a day trade ... which is OK.
  • #19,576
  • Nov 29, 2012 9:33am Nov 29, 2012 9:33am
Quoting mok1one
Shorts 11, 06, 00, 95 TP hit @ 76 for total +108
Done trading for today, just watching charts from now on (because I'm at work and can't leave the screen)

5MIN 15MIN 30MIN
Your channels are really awesome and doing great, i really would like to teach and understand how you draw them !

Have a good day at work !

  • #19,577
  • Nov 29, 2012 9:36am Nov 29, 2012 9:36am
Today's reading. EUR sentiment is looks like it is still bullish. To show the effect of good US data e.g. today's home sales it may need to be supported with good outcome of Obama proposal and other key events US is working toward the fiscal cliff.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 36 KB
  • #19,578
  • Nov 29, 2012 9:40am Nov 29, 2012 9:40am
LG 2973 sl 2967 TP 2987 off Fib channel
  • #19,579
  • Nov 29, 2012 9:40am Nov 29, 2012 9:40am
Quoting Tuauxp
Your channels are really awesome and doing great, i really would like to teach and understand how you draw them !

Have a good day at work !

http://www.forexfactory.com/showthre...28#post6156428

Here is one old post i posted about these channels. Hope it will help you a bit
  • #19,580
  • Nov 29, 2012 9:42am Nov 29, 2012 9:42am
LG @2975
TG 3000 again
You see, but you do not observe. The distinction is clear
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