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Trading EURUSD only

  • #22,821
  • Dec 9, 2012 9:07am Dec 9, 2012 9:07am
Hello my friends! Hope you having a good weekend!
What are your crystal balls saying....?
Are we continuing down or it's going to bounce.....?
  • #22,822
  • Dec 9, 2012 9:09am Dec 9, 2012 9:09am
Quoting morob
Hi Rag2RichesFX


It is very nice advice to someone who is doing that

My strategy is fully flexible and it depend on current market situation

I did not mention but two weeks before finish on weekly high too


Greatings
Nice Morob!
  • #22,823
  • Dec 9, 2012 9:24am Dec 9, 2012 9:24am
Quoting FXThug
my long therm outlook
Hmmmm....

The divergence on the MACD has played out already....and it is at the top channel.....so with this analysis alone I would be looking
on it to continue short....but I am not saying it can't break out and go higher...all is possible since the MACD has crossed above zero....but there also it is turning.....

but....

For the wave........I am not so wave friendly so I can't comment....
  • #22,824
  • Dec 9, 2012 9:27am Dec 9, 2012 9:27am
Quoting shiko
Yes, that trend line looks too shallow now. I do not think it will provide much of support. I would probably add another position if/ when it gets broken. I am short now.
Thanks shiko.
  • #22,825
  • Dec 9, 2012 1:19pm Dec 9, 2012 1:19pm
thats what it should be
super

Quoting morob
No there was no any heavy trades or nothing like that

I did cover some positions on minus to keep DD on my side

And then went longs at area 1.288x-9x

Thats all
  • #22,826
  • Dec 9, 2012 1:20pm Dec 9, 2012 1:20pm
sounds like will hold
depends on the strength which we can not know

2890 is aldo M1 PV
Quoting thodie
hi steve,

this level is very important for me.
actuall 13 1/2 size long positions under Water with -4,4%

if this level will be broken iīll exit and have to book the losses :/
  • #22,827
  • Dec 9, 2012 1:24pm Dec 9, 2012 1:24pm
How are you Steve...all ok!
  • #22,828
  • Dec 9, 2012 1:26pm Dec 9, 2012 1:26pm
WE I had some study on history trades
from now I am stopping trade reverse means against main trend untill seing a proper formations or signals.

what I see here also thread most of the traders ( including me ) in general are trading the reverse from spikes.
means we are mostly trading the POSS sharp edges. if it reverse good . if not then trades under water.

to be honest after I started to post here somehow my trading style has ben changed. & I dont like the way it goes.

so will start trading PB s with reasonable exit strategy.

to do this I am reducing my trade size until I feel confident. if not I can even jump to demo.
but will definetly return back to my trading style that it should be.
  • #22,829
  • Dec 9, 2012 1:26pm Dec 9, 2012 1:26pm
Morning from NZ

Another hot sunny day

After 3 weeks off EUR/US bullish up trend,an then down 2 cents.

It takes some convincing that this down move will continue

I have shorts to 12880 TP

Will be entering pending long,soon as the market opens

Long to 13000 TP

To cover I have been letting the US/JPY drop down 82 then going long to 82.4

just small bites which hit the target often.

Let the games begin
  • #22,830
  • Dec 9, 2012 1:27pm Dec 9, 2012 1:27pm
fine
how you doing

Quoting 4xPIPAHOLIC
How are you Steve...all ok!
  • #22,831
  • Dec 9, 2012 1:27pm Dec 9, 2012 1:27pm
GM

Quoting eliteincome
Morning from NZ

Another hot sunny day

After 3 weeks off EUR/US bullish up trend,an then down 2 cents.

It takes some convincing that this down move will continue

I have shorts to 12880 TP

Will be entering pending long,soon as the market opens

Long to 13000 TP

To cover I have been letting the US/JPY drop down 82 then going long to 82.4

just small bites which hit the target often.

Let the games begin
  • #22,832
  • Dec 9, 2012 1:28pm Dec 9, 2012 1:28pm
Quoting stevewalker
fine
how you doing
Very good, thank you my friend!
  • #22,833
  • Dec 9, 2012 1:41pm Dec 9, 2012 1:41pm
I think the safest is to go with current candle color. Depends upon what TF you are trading. On daily I always buy on green and sell on red. same with smaller TF.
  • #22,834
  • Dec 9, 2012 1:50pm Dec 9, 2012 1:50pm
long time no see
how you dıoin
all good?
Quoting shiko
I think the safest is to go with current candle color. Depends upon what TF you are trading. On daily I always buy on green and sell on red. same with smaller TF.
  • #22,835
  • Dec 9, 2012 2:27pm Dec 9, 2012 2:27pm
I have IBFX MT4 and I have put the IBFX - CPR indicator. I am trying to remove it from the chart and I just seems to not know how to does anyone know it is a custom indicator thank you.
  • #22,836
  • Dec 9, 2012 3:12pm Dec 9, 2012 3:12pm
Good evening, morning everybody,
Here is my thoughts about next three days scenarios. Im flat at the moment, tho i'd like price would come back to 1,3 zone where I could make a short entry (more based on fundamentals these days, Draghi and Buba statements), tho im afraid that such strong downtrend could not give good entry point.
However, here is my drawings, could you comment something if you will see any stupid mistakes i made. thank you.
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  • #22,837
  • Dec 9, 2012 4:24pm Dec 9, 2012 4:24pm
im afraid i need to redraw my paintings in red...
Attached Image (click to enlarge)
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  • #22,838
  • Dec 9, 2012 4:26pm Dec 9, 2012 4:26pm
Gidday

Taking a punt closed short

gone long to 129500
  • #22,839
  • Dec 9, 2012 4:53pm Dec 9, 2012 4:53pm
hey guys,

enjoyed your freetime?!

For the next few periods, Iīm rather long than short - at least until H4 closes below ~2975.
Aiming for 2979 before rising is highly possible...
My main-scenario however is drawn in thick-red lines.

Medium term I suggest
a) back to 3100, then possibly breaking the triple top or
b) falling al the way down to 25xx

Still donīt care really, just daytrading after all

Attached Image (click to enlarge)
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  • #22,840
  • Dec 9, 2012 5:08pm Dec 9, 2012 5:08pm
Quoting luckyl
hey guys,

enjoyed your freetime?!

For the next few periods, Iīm rather long than short - at least until H4 closes below ~2975.
Aiming for 2979 before rising is highly possible...
My main-scenario however is drawn in thick-red lines.

Medium term I suggest
a) back to 3100, then possibly breaking the triple top or
b) falling al the way down to 25xx

Still donīt care really, just daytrading after all
first 14 pips of the week locked.
thatīs how I like trading sunday evenings

left some 15% for runner long - will go get some sleep now...
(Itīs midnight here now, have to get up at 6 :'( )
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