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Trading EURUSD only

  • #21,021
  • Dec 3, 2012 9:47pm Dec 3, 2012 9:47pm
Good day all

nice to see my LG yesterday hasn't hit TP and SL
You see, but you do not observe. The distinction is clear
  • #21,022
  • Dec 3, 2012 9:52pm Dec 3, 2012 9:52pm
signs of slow down
new ressesion might be ahead

Quoting stevewalker
RBA cuts rate to %3
lowest since year 1960
  • #21,023
  • Dec 3, 2012 9:53pm Dec 3, 2012 9:53pm
ok


3073
3088
3103


Quoting glennl2000
That's what I'm saying.. US definitely can't raise rates, and neither can europe.

What's your target for your long?
  • #21,024
  • Dec 3, 2012 9:54pm Dec 3, 2012 9:54pm
good day
Quoting budii
Good day all

nice to see my LG yesterday hasn't hit TP and SL
  • #21,025
  • Dec 3, 2012 9:58pm Dec 3, 2012 9:58pm
My TP is 72.. Seems stuck at 60.

Quoting stevewalker
ok


3073
3088
3103
  • #21,026
  • Dec 3, 2012 10:00pm Dec 3, 2012 10:00pm
1H UC @ 3057 broken
  • #21,027
  • Dec 3, 2012 10:01pm Dec 3, 2012 10:01pm
4H UC @ 3073
Quoting stevewalker
1H UC @ 3057 broken
  • #21,028
  • Dec 3, 2012 10:04pm Dec 3, 2012 10:04pm
.
Quoting stevewalker
Here
4H CT

top formation
tails are bigger then bodys
it is reversing
is it?
or is it preparing to break up
  • #21,029
  • Dec 3, 2012 10:05pm Dec 3, 2012 10:05pm
1H 1st DER @ 2964
high @ 2963
  • #21,030
  • Dec 3, 2012 10:06pm Dec 3, 2012 10:06pm
Quoting stevewalker
good day
did you still hold your LG steve?
i havent close mine yet cause i was asleep last night
You see, but you do not observe. The distinction is clear
  • #21,031
  • Dec 3, 2012 10:20pm Dec 3, 2012 10:20pm
book the profit
& traded some more longs after that
will leave one of them for runner to 3412

Quoting budii
did you still hold your LG steve?
i havent close mine yet cause i was asleep last night
  • #21,032
  • Dec 3, 2012 10:44pm Dec 3, 2012 10:44pm
closed long at 60.. might re-enter.
Quoting glennl2000
My TP is 72.. Seems stuck at 60.
  • #21,033
  • Dec 3, 2012 10:45pm Dec 3, 2012 10:45pm

Quoting glennl2000
closed long at 60.. might re-enter.
  • #21,034
  • Dec 3, 2012 11:09pm Dec 3, 2012 11:09pm
sounds like you also joined the non sleepers

Quoting glennl2000
closed long at 60.. might re-enter.
  • #21,035
  • Dec 3, 2012 11:18pm Dec 3, 2012 11:18pm
it is curving up over 5M 15M LC s
  • #21,036
  • Dec 3, 2012 11:18pm Dec 3, 2012 11:18pm
Starting to.. Had an up and down day. Down now about 10 pips for the day. Waiting for another good trade..

Quoting stevewalker
sounds like you also joined the non sleepers
  • #21,037
  • Dec 3, 2012 11:19pm Dec 3, 2012 11:19pm
this formation is common for UP move these days
doing the same

Quoting stevewalker
it is curving up over 5M 15M LC s
  • #21,038
  • Dec 3, 2012 11:19pm Dec 3, 2012 11:19pm
good
are you getting better
how do you feel?

Quoting glennl2000
Starting to.. Had an up and down day. Down now about 10 pips for the day. Waiting for another good trade..
  • #21,039
  • Dec 3, 2012 11:24pm Dec 3, 2012 11:24pm
it's a struggle.. I recovered from about a 15% DD in my account, but am basically struggling to make a profit. My targets are probably not achievable for my experience level right now. I was up about 1.5% this morning and kept trading and now swinging back and forth. I need a little more discipline. Also still entering and exiting trades and not following my initial plan.. I'm better than I was but still have work to do.

thanks for asking! hope you're making some pips.

Quoting stevewalker
good
are you getting better
how do you feel?
  • #21,040
  • Dec 3, 2012 11:26pm Dec 3, 2012 11:26pm
little bit afraid of retrace today. But I guess it will just bounce back up, might create a bullish daily pinbar. Reason why I am a little bit of afraid of retrace is because of all eur pairs are basically trying to breakout from 4h pattern. EURJPY, EURGBP, EURNZD and also EURUSD. EURUSD can very much go down to 1.3 and then bounce back.

This is what I believe

But I am not closing my long. I dont want to miss any up move. If it goes down to 1.3 I will buy again thats for sure.

Good luck and green pips to ya all!
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