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EURUSD

  • #727,801
  • Dec 5, 2012 6:42am Dec 5, 2012 6:42am
I am planning to buy back near 1.3025 ....
Success is a journey not a destination...!!
  • #727,802
  • Dec 5, 2012 6:45am Dec 5, 2012 6:45am
Quoting ThirdMan
1.30602 if that holds I eill go for new high.
Long right at that point.
  • #727,803
  • Dec 5, 2012 6:47am Dec 5, 2012 6:47am
Quoting MaxDoom
stop worrying about the rule book, be sensible and no harm will come to you

interesting to see that his commercial account didn't get suspended though, says it all really

Commercial members should not have the power to ban members who point out their true intent on this forum, his second account here has been classified as "multiple user", I guess his commercial account is still valid, not sure what the commercial arrangement is here but this forum makes its money from advertising and there may well be a fee structure for other commercial posts, don't know.
The great majority are rarely capable of thinking independently.
  • #727,804
  • Dec 5, 2012 6:49am Dec 5, 2012 6:49am
Quoting math_GB
Doom Man, I would close the shorts you opened @1.3120 if the price moves back above 1.3075 again... Wadda ya think..???
I remember u have a short earlier @ 1.3125/18, bro try this out, if u ever want to lock ur profits, u can takes partial or close 1 of them with the profits u made, plan ur stop loss accordingly to ur profits and attempt to ride and nurse ur winner longer using trailing stops.

For example, 1.3125 @ 1.0 lot, 1.3118 @ 1 lot, if u closed at 1.3105, for example,

1.3125 closed 1.3105 -> 20 pips @ 200$.

Position 1.3118 continue to be open with a stop @ 1.3128 using the profits made on 1.3125's trade. U risk 100/200 of what u made. and 100 in ur pocket. And keep for 2 possibilities. Buy stops can be attempted to be placed above 1.3127 to hedge ur 1.3118 trade's. If earlier the burst was going up.
  • #727,805
  • Dec 5, 2012 6:49am Dec 5, 2012 6:49am
Quoting yelena
Me too, I'm on a long at 65, SL 60, TP 93-ish (the green line is a moving target)

Am looking for 3038 before I entertain any longs today
The great majority are rarely capable of thinking independently.
  • #727,806
  • Dec 5, 2012 6:50am Dec 5, 2012 6:50am
Quoting yelena
Me too, I'm on a long at 65, SL 60, TP 93-ish (the green line is a moving target)
your TP 93-ish is mine T/O (today's open @ 1.3092'8) ... lets see if it works for us
  • #727,807
  • Dec 5, 2012 6:55am Dec 5, 2012 6:55am
Quoting math_GB
Doom Man, I would close the shorts you opened @1.3120 if the price moves back above 1.3075 again... Wadda ya think..???
I think that it is shaping up to be the start of a correction of the swing up from 266x so I would look to see an initial challenge at 301x then 295x

If it is only a correction of swing from 287x then I look at 303x 300x 297x for now.

I will be able to target better once we get the first retrace on this move down.

In the meantime I trail my stops anyway and will re-enter at suitable points on the journey, currently all fine
Attached Image (click to enlarge)
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  • #727,808
  • Dec 5, 2012 7:06am Dec 5, 2012 7:06am
Quoting MaxDoom
I think that it is shaping up to be the start of a correction of the swing up from 266x so I would look to see an initial challenge at 301x then 295x

If it is only a correction of swing from 287x then I look at 303x 300x 297x for now.

I will be able to target better once we get the first retrace on this move down.

In the meantime I trail my stops anyway and will re-enter at suitable points on the journey, currently all fine
Cool... That is my last trade for today probably, if the price reaches 1.3105 ish, will try to sell the cripple.
  • #727,809
  • Dec 5, 2012 7:16am Dec 5, 2012 7:16am
Quoting 5percent
I remember u have a short earlier @ 1.3125/18, bro try this out, if u ever want to lock ur profits, u can takes partial or close 1 of them with the profits u made, plan ur stop loss accordingly to ur profits and attempt to ride and nurse ur winner longer using trailing stops.

For example, 1.3125 @ 1.0 lot, 1.3118 @ 1 lot, if u closed at 1.3105, for example,

1.3125 closed 1.3105 -> 20 pips @ 200$.

Position 1.3118 continue to be open with a stop @ 1.3128 using the profits made on 1.3125's trade. U risk 100/200 of what u made. and 100 in ur...
5percent.. True again...! I was a little nervous from yesterday's loss and just wanted to lock some profit but should have left some of the pos running. I am closely following your posts mate, and all the infos you are providing here is just top grade...!
  • #727,810
  • Dec 5, 2012 7:16am Dec 5, 2012 7:16am
Quoting gatorinla
3 pip stop. so it dont matter..
yep see was little sl it seems big boys are playing with cable tonight, wonder who will win
If you are new to Forex? Say Goodbye to your account!!
  • #727,811
  • Dec 5, 2012 7:17am Dec 5, 2012 7:17am
EURUSD broke Up Trend Line and touched important Fibonacci Level at 0.886 % (1.3110). However, Bearish is not confirm yet till only we see it retest back SR level.
Let's see where the market is heading.


Twinsummit
TAYOR
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu - 5.12.2012 1.2.jpg Size: 206 KB
Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #727,812
  • Dec 5, 2012 7:19am Dec 5, 2012 7:19am
Quoting DareXau
your TP 93-ish is mine T/O (today's open @ 1.3092'8) ... lets see if it works for us
Whoops -5 again, currently at +73. I think I'm done for today, don't want to give back anymore. Trade well.
  • #727,813
  • Dec 5, 2012 7:20am Dec 5, 2012 7:20am
Taught a lesson, don't take your S/L off. Blindsided by that Spanish auction & burned some profit, still think this down move is a over reaction & doesn't have much steam in it. Fairly aggressive long flush, my fault for temporarily forgetting this market trick. Drive the price up, then f**k up a bond auction. Classic move
  • #727,814
  • Dec 5, 2012 7:21am Dec 5, 2012 7:21am
I think it's up from here.
  • #727,815
  • Dec 5, 2012 7:29am Dec 5, 2012 7:29am
Quoting yelena
Whoops -5 again, currently at +73. I think I'm done for today, don't want to give back anymore. Trade well.
well, it's quite a small loss in your case, glad to see that you're in green ...
I'm still holding, but even if it turns against me and hit my S/L that's not a big deal too,
... some losers are good, it's part of trading after all, but winners are always welcomed.
  • #727,816
  • Dec 5, 2012 7:31am Dec 5, 2012 7:31am
Quoting attila
I think it's up from here.
until where? 1,31?
  • #727,817
  • Dec 5, 2012 7:32am Dec 5, 2012 7:32am
Quoting attila
I think it's up from here.
stupid thing..
Look Sharp/Trade Tight
  • #727,818
  • Dec 5, 2012 7:32am Dec 5, 2012 7:32am
Quoting attila
I think it's up from here.
Agreed!
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #727,819
  • Dec 5, 2012 7:34am Dec 5, 2012 7:34am
Quoting BobGnarly
Agreed!
risk aversion - down
If you are new to Forex? Say Goodbye to your account!!
  • #727,820
  • Dec 5, 2012 7:34am Dec 5, 2012 7:34am
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