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  • #753,901
  • Feb 4, 2013 10:16am Feb 4, 2013 10:16am
Quoting Fxnewdeal
You may get lucky hoping for a bullish move this time....but next time it could hurt you.
When unsure just close the whole thing, and do something else! Come back tomorrow
You know,.. luck is out of the question now, i closed it, -41 pips. haha (not so funny actually bah )

And i prefer to stay a little longer todays total, -9 pips... i have some time left
  • #753,902
  • Feb 4, 2013 10:18am Feb 4, 2013 10:18am
simplify correction will be made in a minute, let's see if it strong to 3580
gl all
  • #753,903
  • Feb 4, 2013 10:18am Feb 4, 2013 10:18am
No, and thats why i actually closed it..have to optimize my SL range though..

Quoting Rev olution
You should know whether to exit or not. Is your reasoning for entering still valid? if so, then keep it open. if no, then close it. You should know all this before opening the trade.
  • #753,904
  • Feb 4, 2013 10:19am Feb 4, 2013 10:19am
Quoting pipec
it's all how i told

just do the opposit than u see


time to SELL...
Can u give me the link to this
thanks
A good trader follows his rules, but great trader knows when to break them
  • #753,905
  • Feb 4, 2013 10:26am Feb 4, 2013 10:26am
Quoting ill_be_back
Can u give me the link to this
thanks
it's on forexfactory home page...
Surabaya
  • #753,906
  • Feb 4, 2013 10:26am Feb 4, 2013 10:26am
.ej heads up: gonna hit the 2wk ltl any minute now.... (also a recently respected fib @ 125.30)


edit: make that any 10 minutes now tho .eu seems to want to contin following tl chan defined by highs of today and lst fri
  • #753,907
  • Feb 4, 2013 10:27am Feb 4, 2013 10:27am
Hi All,

Some advice sought please. The 'pinbar' setup on the 4hr much earlier today (or late Friday, even), would you have said that was an ideal pinbar setup?
Thanks for your help. happy pipping!!
  • #753,908
  • Feb 4, 2013 10:27am Feb 4, 2013 10:27am
Quoting pawpaw1000
NY should give us one more push lower if London doesn't... Will then look to buy at 1.35405.

There you go... I have bought after being burnt once already. Entry at 35425 with sl at 18
@pawpaw1000 on Twitter
  • #753,909
  • Feb 4, 2013 10:31am Feb 4, 2013 10:31am
Quoting pawpaw1000
There you go... I have bought after being burnt once already. Entry at 35425 with sl at 18
Even though a long 41 is attractive i'll wait for the 5mn to start reversing
  • #753,910
  • Feb 4, 2013 10:32am Feb 4, 2013 10:32am
Quoting Za2700
it's on forexfactory home page...
thanks
A good trader follows his rules, but great trader knows when to break them
  • #753,911
  • Feb 4, 2013 10:33am Feb 4, 2013 10:33am
mostly red e=close markets... Spanish banks still red... dragi implicated in shady deals when he regulated Italian banks.
those who can, do. those who cant, talk about those who can
  • #753,912
  • Feb 4, 2013 10:37am Feb 4, 2013 10:37am
Quoting Fxnewdeal
Even though a long 41 is attractive i'll wait for the 5mn to start reversing
Having burnt my fingers once today already, I think that I'll do the same.
It looks as though this could easily go down to the resistance at 3525 before it reverses.
  • #753,913
  • Feb 4, 2013 10:37am Feb 4, 2013 10:37am
Quoting lancedes
Hi All,

Some advice sought please. The 'pinbar' setup on the 4hr much earlier today (or late Friday, even), would you have said that was an ideal pinbar setup?
Thanks for your help. happy pipping!!
no.
  • #753,914
  • Feb 4, 2013 10:40am Feb 4, 2013 10:40am
going to be bullish...
http://i48.tinypic.com/dxfgg7.gif
  • #753,915
  • Feb 4, 2013 10:40am Feb 4, 2013 10:40am
That's why you need patience to decide the entry point, don't too hurry because you fear to miss the trend.."you never late to catch the trend"...btw, should i close my position now for +36 pips...No, I prefer to close it at BE+1 to get 100 pips or more just like the old past day (got +222 pips)
Quoting alanadek
Hi all, my first post im new Thanks for all the info you all provided!

i wonder,. should i close now or wait till tomorrow and hope it will go up.. -40 pips and running.. (SL @3530)

On the other hand, 32 pips profit vs 40 pips loss today..hmm.. should i care about the 8 pips or should i wait and hope it will follow the bullish direction..
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Dangdut is a music of my country
  • #753,916
  • Feb 4, 2013 10:41am Feb 4, 2013 10:41am
Quoting Devonsent
Having burnt my fingers once today already, I think that I'll do the same.
It looks as though this could easily go down to the resistance at 3525 before it reverses.
Same here, lost 40.
So i'm done for today...no point getting involved in the stupid NY session
  • #753,917
  • Feb 4, 2013 10:41am Feb 4, 2013 10:41am
Turning into a grim drive down, keeps fake bouncing. Not pretty, hope for better PA tomorrow
  • #753,918
  • Feb 4, 2013 10:45am Feb 4, 2013 10:45am
Hi,
The pin bar in the eur/usd daily on friday was not a very perfect one. Reasons being... The body to tail ratio was not exactly 1:3, there was a slightly longish tail at the bottom indicating a slight buying pressure. But since it was on a Daily chart I consider it to be powerful. Had taken short at 1.3620 and am right now at +88 pips. Have not yet closed my position.
Would be happy to share your thoughts on this.

TradeCuts.
  • #753,919
  • Feb 4, 2013 10:45am Feb 4, 2013 10:45am
Quoting Devonsent
Having burnt my fingers once today already, I think that I'll do the same.
It looks as though this could easily go down to the resistance at 3525 before it reverses.
You mean support, surely? I can see it dropping down to S2 at 1.350x before it reverses. Staying away until I can be more confident as to where it's going.
  • #753,920
  • Feb 4, 2013 10:48am Feb 4, 2013 10:48am
Quoting 1candlepower
.ej heads up: gonna hit the 2wk ltl any minute now.... (also a recently respected fib @ 125.30)


edit: make that any 10 minutes now tho .eu seems to want to contin following tl chan defined by highs of today and lst fri

slowly but surly falling ej.. i road u up an now i ride u down jus like a roler coaster lol
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
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