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  • #760,221
  • Feb 18, 2013 3:42am Feb 18, 2013 3:42am
Quoting math_GB
EU Long @ 1.3325 - SL 1.3305 (will be moving it to breakeven in less than 10 mins)
EJ Long @ 125.25 SL 125.05
UJ Long @93.95 SL 93.75

Watching UJ to decide on TP
Closed EU @1.3370 45+ pips
Closed EJ @125.70 45+ pips.

UJ still open SL @93.85 now TP @94.60
  • #760,222
  • Feb 18, 2013 3:43am Feb 18, 2013 3:43am
Quoting JamesCZ
I am long from that level as well. If this hour closes where it is, we could see 1.3400. And that's where my TP is.
Agreed; in any case it is not smart to trade against an established trend, unless you are looking to get burnt !
  • #760,223
  • Feb 18, 2013 3:44am Feb 18, 2013 3:44am
Quoting msetai
any suggestions on how to manage this short?
4H close if its within the triangle we might go test again 125.05

GD LUCK
  • #760,224
  • Feb 18, 2013 3:44am Feb 18, 2013 3:44am
Quoting akukaya
Your EU trade above very good entry..how u do that? Can share me your method?
Nothing special mate, usually when London opens the first few minutes there happens to be a move against the general daily trend so I wait for it - as soon as it touches 5 MIN Bolinger line I usually enter the trade , some book orders kick in I guess. I was fortunate to get a good entry that is all...
  • #760,225
  • Feb 18, 2013 3:44am Feb 18, 2013 3:44am
Quoting JamesCZ
How many account have you blown off till now?
have not completely blown an account but have seen 50% dd when i started in 2009
  • #760,226
  • Feb 18, 2013 3:45am Feb 18, 2013 3:45am
looking for 1.3411 for an exit.
  • #760,227
  • Feb 18, 2013 3:46am Feb 18, 2013 3:46am
Quoting ricmaj
top correction is complete at 3378ish region where Selling pressure seem to be High in Coefficients. Downward EU might witness another fall. Maybe we can see the 3270ish range today, Maybe i mean but I will wait to place a Short Order lets see how the pa goes from there. A close under the 3360 ish range could be all it takes. Patience
if price goes to 3344, I will take your analysis. Till now still hold EU buy!
  • #760,228
  • Feb 18, 2013 3:49am Feb 18, 2013 3:49am
Hoping for a huge pullback here.
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  • #760,229
  • Feb 18, 2013 3:49am Feb 18, 2013 3:49am
Quoting Vectamart
Agreed; in any case it is not smart to trade against an established trend, unless you are looking to get burnt !
Yep I know it. I am out atm, +36 pips was enough for now. Will wait for another opportunity and it may be short one.
-- There's no winner without lose --
  • #760,230
  • Feb 18, 2013 3:50am Feb 18, 2013 3:50am
Quoting ForexNarco
Hoping for a huge pullback here.
Any reason why?
-- There's no winner without lose --
  • #760,231
  • Feb 18, 2013 3:51am Feb 18, 2013 3:51am
Quoting math_GB
Nothing special mate, usually when London opens the first few minutes there happens to be a move against the general daily trend so I wait for it - as soon as it touches 5 MIN Bolinger line I usually enter the trade , some book orders kick in I guess. I was fortunate to get a good entry that is all...
Thanks..I try manual trade EU now..guess not easy..
  • #760,232
  • Feb 18, 2013 3:51am Feb 18, 2013 3:51am
The spike was reported to be related to two buyers and not fundimental.
Disclaimer: I'm still new to forex
  • #760,233
  • Feb 18, 2013 3:53am Feb 18, 2013 3:53am
Quoting msetai
have not completely blown an account but have seen 50% dd when i started in 2009
Looks almost like a miracle with your trading style you have not blown your account neither you are a millionare. Interesting...
-- There's no winner without lose --
  • #760,234
  • Feb 18, 2013 3:53am Feb 18, 2013 3:53am
Quoting newride
how do you trade ichimoku...
my first approach is this !
1h and 1m
EUR USD is against main trend we are below the cloud
EUR YEN is on trend we are over the cloud
considers that is my first day.......
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  • #760,235
  • Feb 18, 2013 3:55am Feb 18, 2013 3:55am
lol
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A chart helps those who can read it.
  • #760,236
  • Feb 18, 2013 3:56am Feb 18, 2013 3:56am
Quoting math_GB
Shite..! Get well soon mate...! Sent the roses to your home with pack of scottish biscuits
You know you are a little late for an entry, I would wait for 10:15-10:30 UK time to take any new trade now of course if you are scalping that is another story.
Yup, definitely too late...turning around too now. That fat kumo cloud on the H1 should prevent it from going higher (for now). Glad I stayed out.

Thx for the flowers, but a bottle of Scottish single malt would help more
  • #760,237
  • Feb 18, 2013 3:56am Feb 18, 2013 3:56am
Quoting JamesCZ
Looks almost like a miracle with your trading style you have not blown your account neither you are a millionare. Interesting...
lol what do you mean by my "trading style"?
  • #760,238
  • Feb 18, 2013 3:56am Feb 18, 2013 3:56am
Quoting Stonar901
4H close if its within the triangle we might go test again 125.05

GD LUCK
already out, hit my SL
  • #760,239
  • Feb 18, 2013 4:01am Feb 18, 2013 4:01am
Quoting msetai
lol what do you mean by my "trading style"?
I mean your high risk. If you are trading like this for such a long time, you have to be a millionare or blow an account. What % have you made last year?

EDIT: You also look overtraded and it's not good. I was like you many times before and blown few accounts before I realized it's not a good way to trade.
-- There's no winner without lose --
  • #760,240
  • Feb 18, 2013 4:05am Feb 18, 2013 4:05am
Quoting JamesCZ
I mean your high risk. If you are trading like this for such a long time, you have to be a millionare or blow an account. What % have you made last year?

EDIT: You also look overtraded and it's not good. I was like you many times before and blown few accounts before I realized it's not a good way to trade.
last year was a great year, only one losing month (nov) and an avg. monthly gain of 5% with a dd of 18%
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