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Trading EURUSD only

  • #32,461
  • Jan 28, 2013 9:23am Jan 28, 2013 9:23am
Quoting thodie
hehe, it hasnīt reached last high, hope this was the final blow off to start the correction down to 320x
Could be. But I still expect the price to touch at least 3525, where i have my daily fib-channel, before the rolldown to 32.
  • #32,462
  • Jan 28, 2013 9:25am Jan 28, 2013 9:25am
It will stay in 50 pips range i guess .
  • #32,463
  • Jan 28, 2013 9:28am Jan 28, 2013 9:28am
Quoting thodie
1.3492 is also the 50 fibolevel from high 2011 and low 2012!

would fit perfect to my view
Yes, gentlemen, I got the 1.3485 level as 50 fib, 1.61 fib extension, 70 pip move on 1hr, and simply the previous weekly high. Good work gentlemen. Very important level.

It also sets up a nice butterfly sell pattern as I believe twinsummit posted.

It would have confirmed to the level and EWC I posted last night and the reason I believe we are having such difficulty and volatility here.

It also sets up the potential break to 1.4129.

Still complex and corrective, so nothing has been determined yet. Problem is it can trade down to 1.3419 and still go higher although that does not seem necessary. 38.2 level of 1.3430 seems sturdy, see if it can hold.

As for that move, looked like ab=cd sell pattern on 1 hr in the midst of correction.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #32,464
  • Jan 28, 2013 9:34am Jan 28, 2013 9:34am
Crazy morning on the EU. I wasn't too sure of an entry during that up and down. Thankfully, the EJ provided some easier to read PA.
  • #32,465
  • Jan 28, 2013 9:34am Jan 28, 2013 9:34am
OK.See you guys tomorrow. I can't trade this stuff. Seems that Channels are just an illustrations on my charts right now. Green pips to you guys.
  • #32,466
  • Jan 28, 2013 10:14am Jan 28, 2013 10:14am
he he
not bad
Quoting stevewalker
below my forecast from 26-07-2012

since EURO is released in 1999

Low 0.8000
High 1.6000

Mid 1.2000 fibo 50 level

price is currently sitting on a 12 years Fibo 50 level.

it seems to me there must be a very strong move to break that.
IMO price should go up to 1.35 then move down to break that level.

walker

PS : Long term forecast
  • #32,467
  • Jan 28, 2013 10:16am Jan 28, 2013 10:16am
this S*** took my Stop @ BE with 4 pips then moved to target
its always the same when I am not @ screen
I say all the bad words to it. */&%*#.......................................................................
Quoting stevewalker
will not move TP

SL => BE
TP => 3470

this trade is over.

if I see new formations will trade.
  • #32,468
  • Jan 28, 2013 10:17am Jan 28, 2013 10:17am
Quoting stevewalker
he he
not bad
Steve my risk is down to 15% now, ehehe maybe i'll drop a long term short trade when it reaches 1.35, if that works I'll get you drunk someday!
  • #32,469
  • Jan 28, 2013 10:18am Jan 28, 2013 10:18am
I set BE when MFE was 26
not when 5 pips or 10 pips , 26 pips
26 pips
AH
SOB......................
I am off today.
dont want to trade more with this anger

Quoting stevewalker
this S*** took my Stop @ BE with 4 pips then moved to target
its always the same when I am not @ screen
I say all the bad words to it. */&%*#.......................................................................
  • #32,470
  • Jan 28, 2013 10:19am Jan 28, 2013 10:19am
not now
first we should see sign of reversal

Quoting Farrusco
Steve my risk is down to 15% now, ehehe maybe i'll drop a long term short trade when it reaches 1.35, if that works I'll get you drunk someday!
  • #32,471
  • Jan 28, 2013 10:20am Jan 28, 2013 10:20am
Quoting stevewalker
I set BE when MFE was 26
not when 5 pips or 10 pips , 26 pips
26 pips
AH
SOB......................
I am off today.
dont want to trade more with this anger
For me SL to BE don't work most of the times....

I think it works in extremely directional markets.
  • #32,472
  • Jan 28, 2013 10:23am Jan 28, 2013 10:23am
bro I set it BE when trade +26 pips.
most of the traders take profit with half of that distance.
I set only BE as I was away from screen

Quoting XharpScalper
For me SL to BE don't work most of the times....

I think it works in extremely directional markets.
  • #32,473
  • Jan 28, 2013 10:26am Jan 28, 2013 10:26am
Quoting stevewalker
bro I set it BE when trade +26 pips.
most of the traders take profit with half of that distance.
I set only BE as I was away from screen
In the previous 9 days only 2 days euro was directional .
  • #32,474
  • Jan 28, 2013 10:27am Jan 28, 2013 10:27am
I feel that the bears want this but the 4Hr ichimoku is working for the bulls ..just my 2 cents while we are ranging
Attached Image
  • #32,475
  • Jan 28, 2013 10:29am Jan 28, 2013 10:29am
Quoting stevewalker
bro I set it BE when trade +26 pips.
most of the traders take profit with half of that distance.
I set only BE as I was away from screen
It happens , today i was in trade with heavy leverage and lost connection to the broker for 15 min .....
Shit happens.
  • #32,476
  • Jan 28, 2013 10:40am Jan 28, 2013 10:40am
very nasty zone around 1.35 , we can see fast up or fast down, watch out !...what they are going to do !?!?!?
  • #32,477
  • Jan 28, 2013 10:41am Jan 28, 2013 10:41am
this is related with personal Luck
I set BE only when not @ screen & every time S*** happens.,
every time

Quoting XharpScalper
It happens , today i was in trade with heavy leverage and lost connection to the broker for 15 min .....
Shit happens.
  • #32,478
  • Jan 28, 2013 10:43am Jan 28, 2013 10:43am
I am off today
see you guys tomorrow
  • #32,479
  • Jan 28, 2013 10:45am Jan 28, 2013 10:45am
Quoting stevewalker
I am off today
see you guys tomorrow
cya take good rest come with fresh mind.
  • #32,480
  • Jan 28, 2013 10:52am Jan 28, 2013 10:52am
Hi to All.
DZZ? 15m Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: 130128_15m[1] EURUSD.jpg Size: 118 KB
Wait, or you will be slaughtered!
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