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Trading EURUSD only

  • #31,981
  • Jan 25, 2013 5:04am Jan 25, 2013 5:04am
Quoting XharpScalper
OH GOD

seeeee how big spike is coming.
Well...i posted a bit early I think
good thing I took that long before the spike
  • #31,982
  • Jan 25, 2013 5:05am Jan 25, 2013 5:05am
Quoting msetai
whoaa

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

anyone jumping in long again?
am in.
  • #31,983
  • Jan 25, 2013 5:07am Jan 25, 2013 5:07am
what level did you get?

3440 for me
  • #31,984
  • Jan 25, 2013 5:08am Jan 25, 2013 5:08am
Quoting msetai
what level did you get?

3440 for me
3442
  • #31,985
  • Jan 25, 2013 5:09am Jan 25, 2013 5:09am
Quoting msetai
what level did you get?

3440 for me
24
  • #31,986
  • Jan 25, 2013 5:11am Jan 25, 2013 5:11am
Quoting mok1one
ECB to Give First Indication of Three-Year Loan Repayment Today
From bloomberg.com| 8 min ago

So today we might expect some news that could make some spikes on the market.
ECB says banks to repay 137.2 bln euros of 3-year LTRO money Jan 30

And done
  • #31,987
  • Jan 25, 2013 5:11am Jan 25, 2013 5:11am
nice one guys

good price mok1one

how do you guys manage positions? do you set fixed tp? or only fixed sl? or nothing and keep an eye on it the whole time?
  • #31,988
  • Jan 25, 2013 5:11am Jan 25, 2013 5:11am
this pair has gone crazy today too many spikes lacking parabolic moves and smooth moves.
  • #31,989
  • Jan 25, 2013 5:12am Jan 25, 2013 5:12am
^ is that because of all the news?
  • #31,990
  • Jan 25, 2013 5:16am Jan 25, 2013 5:16am
Quoting msetai
nice one guys

good price mok1one

how do you guys manage positions? do you set fixed tp? or only fixed sl? or nothing and keep an eye on it the whole time?
Fixed sl yes. open tp since the start of the week. have vacation from work and can watch charts all i want. when i trae form work i put fixed tp's also, because i can't watch charts all the time there.
But yes..right now just riding the wave and taking out if this thing ends
3 trades in , about 3 scalp profits already taken.
  • #31,991
  • Jan 25, 2013 5:19am Jan 25, 2013 5:19am
nice, i usually do fixed sl as well and recently tp too

88 and even 1.35 seems very real right now

3 trades in , about 3 scalp profits already taken <-- the beauty of accounts outside the usa
  • #31,992
  • Jan 25, 2013 5:19am Jan 25, 2013 5:19am
Quoting mok1one
Fixed sl yes. open tp since the start of the week. have vacation from work and can watch charts all i want. when i trae form work i put fixed tp's also, because i can't watch charts all the time there.
But yes..right now just riding the wave and taking out if this thing ends
3 trades in , about 3 scalp profits already taken.
Where is ur current TP? I have mine set at 3540. Not sure if it can reach today.

Plan to close all my trades before market ends. Dun like the WEP Annual Meeting thing. Think there is gonna be a big price skipping comes monday
  • #31,993
  • Jan 25, 2013 5:22am Jan 25, 2013 5:22am
^ i have mine at 88 but hoping to hit that soon, good luck with 3540!

he might have it around 3560 (basing it on one of his previous posts, but not sure)
  • #31,994
  • Jan 25, 2013 5:23am Jan 25, 2013 5:23am
Quoting msetai
^ i have mine at 88 but hoping to hit that soon, good luck with 3540!

he might have it around 3560 (basing it on one of his previous posts, but not sure)
Nice, fixed TP eh? Or will you move ur SL and let it flow?

I might even close at 3500 given how unpredictable the market has been of late.
  • #31,995
  • Jan 25, 2013 5:26am Jan 25, 2013 5:26am
fixed tp so i can sleep during the weekend,lol

dont like holding positions over the weekend

the problem is my sl is way below which is probably not good, 3388 (so about 50 pips)...i guess not too bad 1:1 rr

lets hope it gets to 3500
  • #31,996
  • Jan 25, 2013 5:26am Jan 25, 2013 5:26am
20 pips closed . tired of the mind games.
  • #31,997
  • Jan 25, 2013 5:27am Jan 25, 2013 5:27am
Quoting FxLapozi
Where is ur current TP? I have mine set at 3540. Not sure if it can reach today.

Plan to close all my trades before market ends. Dun like the WEP Annual Meeting thing. Think there is gonna be a big price skipping comes monday
Looking for around 550-560.But even 520-30 would be nice.

Montly R2 557
Weekly R3 542
1H fib-channel line 560

Daily R3 3517 - matches with my 30MIN Fib-Channel line
520-530 area has Daily Fib-channels, but breaking that ~40-50 pips is not a big deal.
  • #31,998
  • Jan 25, 2013 5:27am Jan 25, 2013 5:27am
Quoting XharpScalper
20 pips closed . tired of the mind games.
I took a look at ur fxbook. It seems you are playing with pretty HIGH volume. given the pips to ROI ratio.
  • #31,999
  • Jan 25, 2013 5:28am Jan 25, 2013 5:28am
Quoting XharpScalper
20 pips closed . tired of the mind games.
wow pretty much closed at the top, great timing
  • #32,000
  • Jan 25, 2013 5:28am Jan 25, 2013 5:28am
Quoting msetai
fixed tp so i can sleep during the weekend,lol

dont like holding positions over the weekend

the problem is my sl is way below which is probably not good, 3388 (so about 50 pips)...i guess not too bad 1:1 rr

lets hope it gets to 3500
Whats ur entry? Why not move SL to BE?
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