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Trading EURUSD only

  • #31,961
  • Jan 25, 2013 4:11am Jan 25, 2013 4:11am
Quoting msetai
im still in, around +28

not sure what to do, hold till 3488 area or what

any opinions?
depends on your strategy if your at heavy leverage then take it if low then can wait for further move.
  • #31,962
  • Jan 25, 2013 4:11am Jan 25, 2013 4:11am
Quoting mok1one
nice scalping
Thanks.
  • #31,963
  • Jan 25, 2013 4:14am Jan 25, 2013 4:14am
Quoting msetai
im still in, around +28

not sure what to do, hold till 3488 area or what

any opinions?
Since you are not sure, you should close at least half, move other to be
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,964
  • Jan 25, 2013 4:15am Jan 25, 2013 4:15am
Quoting msetai
im still in, around +28

not sure what to do, hold till 3488 area or what

any opinions?
like scalper said. if high lew take it. you got plenty of entry opps coming. if not high lev., just sit back, enjoy the view and ride the wave. This is what i'm planning to do
  • #31,965
  • Jan 25, 2013 4:18am Jan 25, 2013 4:18am
the problem is with a usa account i cant close half only full

im at decent risk i guess ahhh

@mok1one you mentioned 51 and 54 as possible resistance right?

  • #31,966
  • Jan 25, 2013 4:22am Jan 25, 2013 4:22am
Quoting msetai
the problem is with a usa account i cant close half only full

im at decent risk i guess ahhh

@mok1one you mentioned 51 and 54 as possible resistance right?
I did yes.

1H channel on 15MIN chart
the upper channel line is @ 3560 if this is broken.
Attached Image (click to enlarge)
Click to Enlarge Name: 15.jpg Size: 109 KB
  • #31,967
  • Jan 25, 2013 4:22am Jan 25, 2013 4:22am
Quoting msetai
the problem is with a usa account i cant close half only full

im at decent risk i guess ahhh

@mok1one you mentioned 51 and 54 as possible resistance right?
Yes, mok1one has r2 and 1h fib there, there are offers at 50-60, would expect a pb/cz here if wants higher
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,968
  • Jan 25, 2013 4:24am Jan 25, 2013 4:24am
ahh okay thanks for the chart

pretty interesting, then maybe I will try to get out right around 51 and reload on a PB...unless this is the PB then ill wait for the next test
  • #31,969
  • Jan 25, 2013 4:29am Jan 25, 2013 4:29am
def seems like a pb from 51, my broker has is at 515 and then back down
  • #31,970
  • Jan 25, 2013 4:31am Jan 25, 2013 4:31am
Quoting msetai
def seems like a pb from 51, my broker has is at 515 and then back down
I have 513 and pin bar, right on the money.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,971
  • Jan 25, 2013 4:35am Jan 25, 2013 4:35am
^ yeah for sure

so i would think that level would get a retest and then obv the imp thing is if its broken or not
  • #31,972
  • Jan 25, 2013 4:40am Jan 25, 2013 4:40am
I see flags and pennants all over the place.
GU - bear pennant
EJ - Bull flag
EU also in bull channels (near lower TL right now)
  • #31,973
  • Jan 25, 2013 4:42am Jan 25, 2013 4:42am
^ does that mean more indecision for the eu?
  • #31,974
  • Jan 25, 2013 4:43am Jan 25, 2013 4:43am
Quoting msetai
^ does that mean more indecision for the eu?
more like waiting for the break for more upside imo.
  • #31,975
  • Jan 25, 2013 4:47am Jan 25, 2013 4:47am
oh okay, i took too long to decide and wasnt able to exit earlier...i think i will hold and set a fixed tp around the 88 area

the pb has got down to my entry
  • #31,976
  • Jan 25, 2013 4:55am Jan 25, 2013 4:55am
"European Commissioner Rehn says threat of a UK exit is creating uncertainty."

i think that's why euro is showing some weakness.
  • #31,977
  • Jan 25, 2013 4:59am Jan 25, 2013 4:59am
^ if thats the case its def causing a nice little drop here
  • #31,978
  • Jan 25, 2013 4:59am Jan 25, 2013 4:59am
hmm... now i really don't like how they ignore divs.
  • #31,979
  • Jan 25, 2013 5:02am Jan 25, 2013 5:02am
Quoting mok1one
hmm... now i really don't like how they ignore divs.
OH GOD

seeeee how big spike is coming.
  • #31,980
  • Jan 25, 2013 5:02am Jan 25, 2013 5:02am
whoaa

out at +35 forgot to move tp to 88 oh well

anyone jumping in long again?
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