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Trading EURUSD only

  • #19,661
  • Nov 29, 2012 11:39am Nov 29, 2012 11:39am
already did it yesterday
TY

Quoting Farrusco
call them and threat them, say you will change cable company if it happens again and they will solve your problem immediatly
  • #19,662
  • Nov 29, 2012 11:41am Nov 29, 2012 11:41am
Todays Risk parameters:

SLs:
below 1.2940 for long

above 1.3015 for shorts

These are safety stops i keep running with my money manager EA. Does not mean I will not close before then. Just parameters to let me know im on wrong side if those levels break against me. daily swings are important to me for SL and Fib levels for intraday movements.
"My 2 cents"
  • #19,663
  • Nov 29, 2012 11:41am Nov 29, 2012 11:41am
Update

5min chart has formed bearish div.

5MIN 15MIN 30MIN
Attached Image (click to enlarge)
Click to Enlarge Name: 51530.JPG Size: 106 KB
  • #19,664
  • Nov 29, 2012 11:42am Nov 29, 2012 11:42am
Quoting Rag2RichesFX
its amazing to me how 1m TF can takeover like that when all others are bearish

closed my underwater short -5
Be hopeful in a winning position, and fearful in a losing position.
  • #19,665
  • Nov 29, 2012 11:44am Nov 29, 2012 11:44am
Quoting mok1one
Update

5min chart has formed bearish div.

5MIN 15MIN 30MIN
yup

but fishy fishy

those who want to sell dollar will do it despite any technical, not always but sometimes they do, to shock the market



would love to see this fall but two 20 pip bounces in a row, no good for bears.
Be hopeful in a winning position, and fearful in a losing position.
  • #19,666
  • Nov 29, 2012 11:45am Nov 29, 2012 11:45am
I got warned with some of the members to be more helpfull to new traders. respect
I am & we are doing our best here

but if one call "dont change your rule" I wil make the same posts.

if they ask reason, I will answer for sure
I guess I am the one of the most democratic person here
all new traders pls read first, 1st page & understand

GL
  • #19,667
  • Nov 29, 2012 11:46am Nov 29, 2012 11:46am
The drop from 1.3015 was a 50% retracement from H1 swing low @1.2881 yesterday.
"My 2 cents"
  • #19,668
  • Nov 29, 2012 11:51am Nov 29, 2012 11:51am
Remember: 1.3000 is very important.

Price will move above and below for several swings before a bull/bear move takes hold.
"My 2 cents"
  • #19,669
  • Nov 29, 2012 11:51am Nov 29, 2012 11:51am
this is so unbelievably stupid

yes, you can be mad even on a day you make money

WHY?

Because should have been a lot more

But mostly? Because the market just faked out everyone. What just happened only happens maybe 1/20 times.

19/20 bear will continue to at least retest the lows, when momentum is that strong.
Be hopeful in a winning position, and fearful in a losing position.
  • #19,670
  • Nov 29, 2012 11:54am Nov 29, 2012 11:54am
mok1one PM
  • #19,671
  • Nov 29, 2012 11:55am Nov 29, 2012 11:55am
see you all later, need relax break to refocus
Be hopeful in a winning position, and fearful in a losing position.
  • #19,672
  • Nov 29, 2012 11:57am Nov 29, 2012 11:57am
2 SH trades floating from
2964
2974
both NS

could not post due to connection issue & chart settings!!
  • #19,673
  • Nov 29, 2012 11:57am Nov 29, 2012 11:57am
see you

Quoting Rag2RichesFX
see you all later, need relax break to refocus
  • #19,674
  • Nov 29, 2012 11:58am Nov 29, 2012 11:58am
Quoting Rag2RichesFX
this is so unbelievably stupid

yes, you can be mad even on a day you make money

WHY?

Because should have been a lot more

But mostly? Because the market just faked out everyone. What just happened only happens maybe 1/20 times.

19/20 bear will continue to at least retest the lows, when momentum is that strong.
Whose mad, not me....I closed short on USD/YEN and EUR/USD with nice %. This is crisis PA, trade the swings, not a trend, till resolved.

19/20 Bear what does that mean?
"My 2 cents"
  • #19,675
  • Nov 29, 2012 11:58am Nov 29, 2012 11:58am
Quoting Rag2RichesFX
see you all later, need relax break to refocus
see you soon
head needs to be clear and sharp when trading no doubt about that
  • #19,676
  • Nov 29, 2012 11:59am Nov 29, 2012 11:59am
price should stop here and go a little below, attracted to 1.2950...watch out bulls because price went on party and is arriving home drunk!
  • #19,677
  • Nov 29, 2012 11:59am Nov 29, 2012 11:59am
Quoting Stimulus
Whose mad, not me....I closed short on USD/YEN and EUR/USD with nice %. This is crisis PA, trade the swings, not a trend, till resolved.

19/20 Bear what does that mean?

im mad..

means 95% of the time after a a spike lower, you will see continuation, not full reversal

see you
Be hopeful in a winning position, and fearful in a losing position.
  • #19,678
  • Nov 29, 2012 12:00pm Nov 29, 2012 12:00pm
2945 is main SUP
> 2945 shorts are in danger
  • #19,679
  • Nov 29, 2012 12:01pm Nov 29, 2012 12:01pm
Quoting xandi
price should stop here and go a little below, attracted to 1.2950...watch out bulls because price went on party and is arriving home drunk!
"My 2 cents"
  • #19,680
  • Nov 29, 2012 12:02pm Nov 29, 2012 12:02pm
im long @1.2965
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