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Trading EURUSD only

  • #27,001
  • Dec 20, 2012 9:32am Dec 20, 2012 9:32am
Hi everyone, hope u all doing ok. I may be wrong, but thats how i see the situation right now.
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  • #27,002
  • Dec 20, 2012 9:33am Dec 20, 2012 9:33am
got stopped out my long, jumped into the trade after coming back from shopping....lesson learnt

maybe a long trade @ 1.3230 area

if goes up from 1@3240 area then maybe a short @ 1.3270 area where a head & shoulder pattern forming
  • #27,003
  • Dec 20, 2012 9:34am Dec 20, 2012 9:34am
Quoting faz007
got stopped out my long, jumped into the trade after coming back from shopping....lesson learnt

maybe a long trade @ 1.3230 area

if goes up from 1@3240 area then maybe a short @ 1.3270 area where a head & shoulder pattern forming
am I the only one who can't that that SHS?
  • #27,004
  • Dec 20, 2012 9:37am Dec 20, 2012 9:37am
lg 3233

this is most definitely a scalpers market
Be hopeful in a winning position, and fearful in a losing position.
  • #27,005
  • Dec 20, 2012 9:38am Dec 20, 2012 9:38am
Quoting Farrusco
am I the only one who can't that that SHS?
whats shs? is that head & shoulders?
  • #27,006
  • Dec 20, 2012 9:39am Dec 20, 2012 9:39am
missed my long entry by 2 pips...crap! lol
  • #27,007
  • Dec 20, 2012 9:40am Dec 20, 2012 9:40am
Quoting faz007
whats shs? is that head & shoulders?
yes shoulder head shoulder
  • #27,008
  • Dec 20, 2012 9:40am Dec 20, 2012 9:40am
Quoting faz007
whats shs? is that head & shoulders?
SHS : Shoulder Head Shoulder- the inverse

1st page please, I will save Steve the trouble
The world you desire can be won. It exists.. it is real.. it is possible..
  • #27,009
  • Dec 20, 2012 9:42am Dec 20, 2012 9:42am
Quoting Mr. Scott
SHS : Shoulder Head Shoulder- the inverse

1st page please, I will save Steve the trouble
cheers
  • #27,010
  • Dec 20, 2012 9:45am Dec 20, 2012 9:45am
Quoting Rag2RichesFX
lg 3233

this is most definitely a scalpers market
closed 3244


market is FLYING
Be hopeful in a winning position, and fearful in a losing position.
  • #27,011
  • Dec 20, 2012 9:46am Dec 20, 2012 9:46am
Quoting Rag2RichesFX
closed 3244
perfect entry and perfect close, my friend you are on the right way
  • #27,012
  • Dec 20, 2012 9:46am Dec 20, 2012 9:46am
got back on screen

what a PB, its not even touching 3300 yet and drop to where i put my LG before
You see, but you do not observe. The distinction is clear
  • #27,013
  • Dec 20, 2012 9:47am Dec 20, 2012 9:47am
Quoting Farrusco
perfect entry and perfect close, my friend you are on the right way
m5 bullish divergence said go long

strong down momentum and m1 hidden bearish divegence said close

also short from 3255


i appreciate the kind comment


today has not been easy, but NY has been good to me
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Be hopeful in a winning position, and fearful in a losing position.
  • #27,014
  • Dec 20, 2012 9:48am Dec 20, 2012 9:48am
3large tf divs canceled. 2 small tf canceled and third on the way. Doomsday panic?
  • #27,015
  • Dec 20, 2012 9:51am Dec 20, 2012 9:51am
What any trading in the Y2K ? ... We better see today's movement and keep it in mind for the next end of the world day. =
  • #27,016
  • Dec 20, 2012 9:52am Dec 20, 2012 9:52am
couldn't bring myself to long 3228 m5 bullish div (this little thing called FEAR stopped me this time... even when i know it was the right thing to do), but that was a good opp for countertrend scalp,

(shorts are exhausted and need a little break)
Be hopeful in a winning position, and fearful in a losing position.
  • #27,017
  • Dec 20, 2012 9:55am Dec 20, 2012 9:55am
LG @ 3240
NS
  • #27,018
  • Dec 20, 2012 9:57am Dec 20, 2012 9:57am
LG @3238
You see, but you do not observe. The distinction is clear
  • #27,019
  • Dec 20, 2012 9:58am Dec 20, 2012 9:58am
Quoting Rag2RichesFX
couldn't bring myself to long 3228 m5 bullish div (this little thing called FEAR stopped me this time... even when i know it was the right thing to do), but that was a good opp for countertrend scalp,

(shorts are exhausted and need a little break)
how do you see bullish o bearish divergences can you guide me understand this please
  • #27,020
  • Dec 20, 2012 10:02am Dec 20, 2012 10:02am
Quoting Mahfooz
how do you see bullish o bearish divergences can you guide me understand this please

i use RSI 3

go here to understand divergence

http://www.babypips.com/school/divergence-trading.html
Be hopeful in a winning position, and fearful in a losing position.
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