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EURUSD

  • #726,081
  • Dec 2, 2012 8:02pm Dec 2, 2012 8:02pm
Quoting attila
I would sharpen my shorts at this point.. See? By the time we decide to go "with the move" it's already too late. Just saying..
LOL. That is step 1.

Step 2 is, if you wait for a retrace to enter, it never comes

Step 3 is, if you chase the move, it always starts retracing exactly from where you enter

Step 4 is, if you go for a retrace or reversal soon after the move .................. refer to step #2

But I know what to do in such a situation.
The Thief of Wall Street
  • #726,082
  • Dec 2, 2012 8:02pm Dec 2, 2012 8:02pm
Quoting Afarensis
Buy 1.30
tp 1.3040
sl 1.2960

TP +40pips
  • #726,083
  • Dec 2, 2012 8:02pm Dec 2, 2012 8:02pm
Quoting Afarensis
TP +40pips

Nice man!!
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  • #726,084
  • Dec 2, 2012 8:03pm Dec 2, 2012 8:03pm
It reached my intraday northern target in the fist hour of TY. Now wtf am I gonna do for the rest of the day?

http://www.forexfactory.com/showthre...90#post6253090
  • #726,085
  • Dec 2, 2012 8:03pm Dec 2, 2012 8:03pm
you cannot tell I did not advice all the afternoon for this scenary...the low for the month is done..1.3300 here we go..
  • #726,086
  • Dec 2, 2012 8:03pm Dec 2, 2012 8:03pm
Quoting Chicky
LOL. That is step 1.

Step 2 is, if you wait for a retrace to enter, it never comes

Step 3 is, if you chase the move, it always starts retracing exactly from where you enter

Step 4 is, if you go for a retrace or reversal soon after the move .................. refer to step #2

But I know what to do in such a situation.
what you will do ?
Intraday only.
  • #726,087
  • Dec 2, 2012 8:03pm Dec 2, 2012 8:03pm
Quoting xandi
you cannot tell I did not advice all the afternoon for this scenary...the low for the month is done..1.3300 here we go..

Agreed!
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #726,088
  • Dec 2, 2012 8:04pm Dec 2, 2012 8:04pm
Quoting Chicky
LOL. That is step 1.

Step 2 is, if you wait for a retrace to enter, it never comes

Step 3 is, if you chase the move, it always starts retracing exactly from where you enter

Step 4 is, if you go for a retrace or reversal soon after the move .................. refer to step #2

But I know what to do in such a situation.
I know..
  • #726,089
  • Dec 2, 2012 8:05pm Dec 2, 2012 8:05pm
One of you say what you will do.

I know what to do also.
Intraday only.
  • #726,090
  • Dec 2, 2012 8:05pm Dec 2, 2012 8:05pm
Quoting attila
I would sharpen my shorts at this point.. See? By the time we decide to go "with the move" it's already too late. Just saying..
I play every direction - when it gets to the support turned resistance I'll go long until it hits the next station at 1.3083. Will probably avoid shorting that one due to lack of confluence on my charts though. My personal opinion is that trying to figure out what overall direction is going to be is a waste of time....with the risk so limited compared to the likely pot if I get a winner, it's not much to worry about.
  • #726,091
  • Dec 2, 2012 8:06pm Dec 2, 2012 8:06pm
Quoting attila
It reached my intraday northern target in the fist hour of TY. Now wtf am I gonna do for the rest of the day?

http://www.forexfactory.com/showthre...90#post6253090
too late for a long... short it...!
  • #726,092
  • Dec 2, 2012 8:06pm Dec 2, 2012 8:06pm
Quoting usernamehere
Looking for rejection in the .3000-.3020 area, or an hourly close below .2980
Ride it down to signs of support somewhere between .2913 and .2855
From there we go back north, or bears take over for a bit. That target will be determined after seeing how we git there.

Never mind.

Krap, stand aside a little longer...
  • #726,093
  • Dec 2, 2012 8:08pm Dec 2, 2012 8:08pm
Quoting math_GB
too late for a long... short it...!
it might too late for that too should have shorted @ 48 i was
Mohan
  • #726,094
  • Dec 2, 2012 8:09pm Dec 2, 2012 8:09pm
small long here again, TP .55
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  • #726,095
  • Dec 2, 2012 8:12pm Dec 2, 2012 8:12pm
Comon EUR give us 57
  • #726,096
  • Dec 2, 2012 8:12pm Dec 2, 2012 8:12pm
Quoting BobGnarly
small long here again, TP .55
I wont be excited to go long, but short for some pips.
Intraday only.
  • #726,097
  • Dec 2, 2012 8:13pm Dec 2, 2012 8:13pm
Quoting mohan76
it might too late for that too should have shorted @ 48 i was

Lucky you...!!! Have @1.3040 and 1.3043, definitely will cash half during first retrace... Possible retrace I have here 3027- 3012...
  • #726,098
  • Dec 2, 2012 8:15pm Dec 2, 2012 8:15pm
anybody trade longer term? Jesus with you guys back n forth short, long, so indecisive, i've been long for 3 days. wont go short till i think the trend has changed, been up since summer.
  • #726,099
  • Dec 2, 2012 8:16pm Dec 2, 2012 8:16pm
Quoting navk
One of you say what you will do.

I know what to do also.
Everyone seems to know already.

No point in reinventing the wheel.
The Thief of Wall Street
  • #726,100
  • Dec 2, 2012 8:16pm Dec 2, 2012 8:16pm
Quoting Likerty
Deja vu may happen...?
W1:
Now my 88 looks very hot, didn't think that the Asians wants it above the top from last week allready.
http://www.forexfactory.com/showthre...23#post6249023

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