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Trading EURUSD only

  • #27,941
  • Dec 28, 2012 3:12am Dec 28, 2012 3:12am
i am short e/u from 1.3230. got up late but as soon as I saw the candle I went short. generally, financial cliff is already forgone conclusion and I think market already discounted it. Price has spent more than 2 weeks at the levels without breaking highs, lower lows actually happened. I am short. will move stop if have certain pips count and see what will happen. gonna take some profit or lock some . no BE for me since now on short gbp/aud and gbp/nzd too. too long no progress.
  • #27,942
  • Dec 28, 2012 3:12am Dec 28, 2012 3:12am
GM everybody. where is Steve?
  • #27,943
  • Dec 28, 2012 3:15am Dec 28, 2012 3:15am
Quoting shiko
GM everybody. where is Steve?
Steve's on holiday
  • #27,944
  • Dec 28, 2012 3:17am Dec 28, 2012 3:17am
Quoting shiko
i am short e/u from 1.3230. got up late but as soon as I saw the candle I went short. generally, financial cliff is already forgone conclusion and I think market already discounted it. Price has spent more than 2 weeks at the levels without breaking highs, lower lows actually happened. I am short. will move stop if have certain pips count and see what will happen. gonna take some profit or lock some . no BE for me since now on short gbp/aud and gbp/nzd too. too long no progress.
Hey Shizo, I am looking at 1.3125 area for friday to stall on short and move back up some. If the uptrend resumes, i will be on the right side, if not i have tight stop.
Attached Image (click to enlarge)
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"My 2 cents"
  • #27,945
  • Dec 28, 2012 3:17am Dec 28, 2012 3:17am
Morning Mok1one, me too but still I am trading. amazing, but New Year usually gives excellent trading opportunities even on January 1. got no idea who is trading but seen it every year. looks like we got 123 now.
  • #27,946
  • Dec 28, 2012 3:20am Dec 28, 2012 3:20am
if what I think is happening it should not come back up at least today. sell off ?! Trend change ?!
  • #27,947
  • Dec 28, 2012 3:21am Dec 28, 2012 3:21am
Quoting shiko
Morning Mok1one, me too but still I am trading. amazing, but New Year usually gives excellent trading opportunities even on January 1. got no idea who is trading but seen it every year. looks like we got 123 now.
I think people like you and me are trading
And as they say : money never sleeps
  • #27,948
  • Dec 28, 2012 3:24am Dec 28, 2012 3:24am
I'd prefer they would , lol. I think it is a good side of stock market. defined hours. when market opened 24 hours looks like a lot of opportunities but mostly they are spread thinly like butter of bread, with stocks opportunities are concentrated within very few hours.
where are we? nice about +50 pips. I am already at BE.
  • #27,949
  • Dec 28, 2012 3:25am Dec 28, 2012 3:25am
Quoting shiko
if what I think is happening it should not come back up at least today. sell off ?! Trend change ?!
For me this is bs move. Delaying the inevitable. 4tf bullish candlepatterns turned bear with 1 minute candle.
But is it a sell-off ? Taking profits before year-ends mayby?
But up today. After that circus no way.
30DEC we have a Fiscal Cliff plan coming out (if), and we might continue the further upmove in the start of the new year imo.
So nice that they planed the meeting on a day when the market is closed. Gap expected.
  • #27,950
  • Dec 28, 2012 3:26am Dec 28, 2012 3:26am
Quoting shiko
if what I think is happening it should not come back up at least today. sell off ?! Trend change ?!
I am not sure, thats why I am currently short one trade from 1.3248. With a limit order to go long 1.3125 as you saw in previuos post.
"My 2 cents"
  • #27,951
  • Dec 28, 2012 3:32am Dec 28, 2012 3:32am
Yeah, the problem is if the market already have it in price. i am at be, will lock some. if necessary. it obviously can go much higher. 1.3500-1.3800. but cannot be sure of anything anymore. i sense it can make a strong correction before going up. Price has spent a lot of time at this level without breaking out. usually it causes large moves in different direction. I would really love it. then can buy at better price if price start coming back up. if short won't work I will wait until after New Year.
  • #27,952
  • Dec 28, 2012 3:33am Dec 28, 2012 3:33am
There is a lot of support levels below where the price might be moving. hope so.
  • #27,953
  • Dec 28, 2012 3:36am Dec 28, 2012 3:36am
I try not to get caught up in the news, it just frustrates and causes me to become bias. I want to trade long or short technically, not because Peter the politician is cliff jumping, fiscally speaking
"My 2 cents"
  • #27,954
  • Dec 28, 2012 3:39am Dec 28, 2012 3:39am
Yeah, me too. I do not watch news at all. But I always try to remember that whatever is happening it might be already be in price. so, who knows what market might sense. from my experience, if price cannot break some level long enough, large correction or even trend change might happen. seen this many itmes.
  • #27,955
  • Dec 28, 2012 3:42am Dec 28, 2012 3:42am
hi shiko
long time noe see
how you doin
all good?

Quoting shiko
Yeah, me too. I do not watch news at all. But I always try to remember that whatever is happening it might be already be in price. so, who knows what market might sense. from my experience, if price cannot break some level long enough, large correction or even trend change might happen. seen this many itmes.
  • #27,956
  • Dec 28, 2012 3:43am Dec 28, 2012 3:43am
guys D1 is weak for Bulls.

it should make a LL @ < 3159
then it may go up stronger.
if not then it will coil in. with NZ.
  • #27,957
  • Dec 28, 2012 3:43am Dec 28, 2012 3:43am
Hi Steve, i am fine. how is your ankle? healed?
  • #27,958
  • Dec 28, 2012 3:44am Dec 28, 2012 3:44am
its ok.
still having metals in there but the rest is ok
TY
Quoting shiko
Hi Steve, i am fine. how is your ankle? healed?
  • #27,959
  • Dec 28, 2012 3:45am Dec 28, 2012 3:45am
Quoting mok1one
Steve's on holiday
Not yet...
Always looking the GREAT, never left GOOD Point...
  • #27,960
  • Dec 28, 2012 3:46am Dec 28, 2012 3:46am
Quoting Tsar
Not yet...
Was my bad

In Estonia we got a saying and it translates like this : Talk about the wolf, the wolf appears.
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