Done with this shite, but I have other shites to tradeso watching you folks from a distance not to make you feel lonely
What other shites on your platform?
- #754,342
- Feb 5, 2013 9:16am Feb 5, 2013 9:16am
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Nope I think you did get mental
The Thief of Wall Street
- #754,344
- Feb 5, 2013 9:18am Feb 5, 2013 9:18am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #754,345
- Feb 5, 2013 9:19am Feb 5, 2013 9:19am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
Long @1.3517 SL already at BE. 1.3600 (or 1.3585) here we come
Beautiful bounce at the Coral (M15) for those who use THV.
- #754,347
- Feb 5, 2013 9:22am Feb 5, 2013 9:22am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
Thanks for the medal, but actually I am here to put my vacation farm-house on sale. Spent some money on improvements. Now fixing a 200 ft. Wall that came down in last night's storm. Expect to get some extra money after this improvement and that will be around a year's income in Canada for this work of a month or so.............. This is what I call a good RR
- #754,348
- Feb 5, 2013 9:26am Feb 5, 2013 9:26am
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
bull n bear are fighting. today i think bear will win again
Everything in the world has its own rhytms
- #754,349
- Feb 5, 2013 9:26am Feb 5, 2013 9:26am
- | Commercial User | Joined Jan 2013 | 1,169 Posts
Dear traders,
this is an update on the Euro FX futures (4-hour charts) with the relevant levels to watch.
Notice that, to the way I play the markets, current price dynamics in the Euro is all about trying to catch the next swing higher into the 1.3850 level. I am non interested in few pips moves. In the morning we had a reaction just 6 pips above the 1.3456 level. So the swing move could be on-going already. This swing long is invalidated if price moves below 1.3390 level (I don't think this is going to happen, but we should always expect anything from the markets).
We could see that the 1.3580 area acted as a resistance at this stage and is still resistance that must be won by bulls for a continuation higher (and this is straightforward..., picture above).
Support showed at the 1.3510-15 area can bring price into 1.3570 area (1st target) and then 1.3614 (2nd target). The 1.3600 level is paramount. Above it price dynamics will confirm the support area at 1.3460 and stops below 1.3390 should be 'safe' (if such a thing exists in the markets). If price come back to 1.3460 support after 1.3600 is violated on the upside we can 'count' on a 'W-for-Victory' pattern, i.e. a bounce into higher prices.
As usual these are my two scenarios:
Scenario 1. If we reach 1.3614 the support in the 1.3460 area is finally confirmed. Price can keep moving higher and I am going to target 1.3850 (firm pip limit order!)
Scenario 2. If we break the 1.3600 level on the upside we can still come back to retest the 1.3460 area, but this will turn into a 'W-for-Victory' pattern and we could witness participation at the 1.3460 area. Same target at 1.3850.
Hope this helps. Open to discussion and critics.
Trade safe, make money and good luck.
this is an update on the Euro FX futures (4-hour charts) with the relevant levels to watch.
Notice that, to the way I play the markets, current price dynamics in the Euro is all about trying to catch the next swing higher into the 1.3850 level. I am non interested in few pips moves. In the morning we had a reaction just 6 pips above the 1.3456 level. So the swing move could be on-going already. This swing long is invalidated if price moves below 1.3390 level (I don't think this is going to happen, but we should always expect anything from the markets).
We could see that the 1.3580 area acted as a resistance at this stage and is still resistance that must be won by bulls for a continuation higher (and this is straightforward..., picture above).
Support showed at the 1.3510-15 area can bring price into 1.3570 area (1st target) and then 1.3614 (2nd target). The 1.3600 level is paramount. Above it price dynamics will confirm the support area at 1.3460 and stops below 1.3390 should be 'safe' (if such a thing exists in the markets). If price come back to 1.3460 support after 1.3600 is violated on the upside we can 'count' on a 'W-for-Victory' pattern, i.e. a bounce into higher prices.
As usual these are my two scenarios:
Scenario 1. If we reach 1.3614 the support in the 1.3460 area is finally confirmed. Price can keep moving higher and I am going to target 1.3850 (firm pip limit order!)
Scenario 2. If we break the 1.3600 level on the upside we can still come back to retest the 1.3460 area, but this will turn into a 'W-for-Victory' pattern and we could witness participation at the 1.3460 area. Same target at 1.3850.
Hope this helps. Open to discussion and critics.
Trade safe, make money and good luck.
"markets traded by programs/HFT offer a significant trading edge..."
- #754,353
- Feb 5, 2013 9:37am Feb 5, 2013 9:37am
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann
- #754,356
- Feb 5, 2013 9:40am Feb 5, 2013 9:40am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
It will be surprising not to test 1.3580s while London and US are both operating, we need a new daily high, 1.3580 is a perfect target for it...
A test at 1.3585 without continuation looks pretty bearish to me in lower time frame below 4H. E/U is too time consuming ATM got other fish to fry
- #754,358
- Feb 5, 2013 9:43am Feb 5, 2013 9:43am
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Might happen earlier as well... One should not ignore the bounce from 1.3460s this morning mate... Bulls are still on the chart, don't you think?
Still on the charts, indeed. "Time" will tell.
Time turns trend. - W.D. Gann
- #754,359
- Feb 5, 2013 9:44am Feb 5, 2013 9:44am
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann