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  • #767,301
  • Mar 5, 2013 5:04am Mar 5, 2013 5:04am
Quoting math_GB
If you let it drop back to where I bought, I may try again
Just shorted GBP at 1.5192 locked in BE+1 wil ride it for a while
  • #767,302
  • Mar 5, 2013 5:06am Mar 5, 2013 5:06am
Quoting mercy seat
Covered major parts @ 1.30298 ...

12h01 CET







;-|

Result = more than + 43 points move over ground ...







;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #767,303
  • Mar 5, 2013 5:09am Mar 5, 2013 5:09am
Quoting Ken A
Just shorted GBP at 1.5192 locked in BE+1 wil ride it for a while
I hope my Queen kicks your ass soon...!
  • #767,304
  • Mar 5, 2013 5:14am Mar 5, 2013 5:14am
Quoting bennyblanco
and that's why I keep

busy with work, turn my back for a few minutes and it takes a dive. At least at the moment I'm playing with smaller trade sizes & my cable short is running OK

trying a long from 25 & 35 on ej
Your E/J longs should be fine 121.25 is support as long as you are not targeting 130.00
  • #767,305
  • Mar 5, 2013 5:18am Mar 5, 2013 5:18am
Good Morning Everybody.

I manage to get LONG @ 1.3025 this morning hoping to see some 50-60 pips pretty soon but Mr. Market changed his mind and reversed 10 pips before my 1st target. hehhh,,,,
Now I am looking on a new flag formation being formed, and going back into my "forex elementary" it looks like a BEARISH FLAG... Isn't it?
What I did, was closing all my LONGS with some petty 20pips profit and ... WAITING.

I would like to see this formation not being broken through the bottom, so I could jump into another LONG position.
If however this formation breaks I'll wait for 1.29800 to see what to do next.
Anybody seeing the same?

Attached Image (click to enlarge)
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  • #767,306
  • Mar 5, 2013 5:18am Mar 5, 2013 5:18am
hoping .....?
  • #767,307
  • Mar 5, 2013 5:27am Mar 5, 2013 5:27am
Quoting halkins
Good Morning Everybody.

I manage to get LONG @ 1.3025 this morning hoping to see some 50-60 pips pretty soon but Mr. Market changed his mind and reversed 10 pips before my 1st target. hehhh,,,,
Now I am looking on a new flag formation being formed, and going back into my "forex elementary" it looks like a BEARISH FLAG... Isn't it?
What I did, was closing all my LONGS with some petty 20pips profit and ... WAITING.

[b]I would like to see this formation not being broken through the bottom, so I could jump into another LONG position.
If however...
agreed,,its bearish time...
  • #767,308
  • Mar 5, 2013 5:28am Mar 5, 2013 5:28am
Quoting bennyblanco
and that's why I keep

busy with work, turn my back for a few minutes and it takes a dive. At least at the moment I'm playing with smaller trade sizes & my cable short is running OK

trying a long from 25 & 35 on ej
bennyblanco...still displaced...time for reshuffling?...
  • #767,309
  • Mar 5, 2013 5:29am Mar 5, 2013 5:29am
Quoting halkins
I would like to see this formation not being broken through the bottom, so I could jump into another LONG position.
If however this formation breaks I'll wait for 1.29800 to see what to do next.
Anybody seeing the same?
i closed all positions yesterday and i'm waiting too!

1.30 is a big "psychological" level...
  • #767,310
  • Mar 5, 2013 5:36am Mar 5, 2013 5:36am
Quoting Freshpips
Good chart. But lets not forget, that drop was largely due to the italian election nonsence. We dont often see 250+ drops in 8 hours...
thank you friend but i strongly believe that charts dont understand politics. TA is a wonderful painting beautiful as it gets everything is there. all you have to do is look for it... take care and many green pips to you
  • #767,311
  • Mar 5, 2013 5:42am Mar 5, 2013 5:42am
Quoting LeeNoa
agreed,,its bearish time...
Quoting ploncito
i closed all positions yesterday and i'm waiting too!
1.30 is a big "psychological" level...
Actually I don't know what to do now, watching charts and waiting, scratching my head.
I think some NEWS today will show the way we have to go...
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  • #767,312
  • Mar 5, 2013 5:45am Mar 5, 2013 5:45am
Quoting stormtrader
thank you friend but i strongly believe that charts dont understand politics. TA is a wonderful painting beautiful as it gets everything is there. all you have to do is look for it... take care and many green pips to you
for as long as todays high stays in place next target for me is 1.2875ish
  • #767,313
  • Mar 5, 2013 5:54am Mar 5, 2013 5:54am
Quoting halkins
Actually I don't know what to do now, watching charts and waiting, scratching my head.
I think some NEWS today will show the way we have to go...
When everything else don't make sense to me I use other things such as Fibonacci and Trend Line.

If you look at H1 chart and draw the TL from bottom, what do you see?
  • #767,314
  • Mar 5, 2013 5:57am Mar 5, 2013 5:57am
Quoting Ken A
When everything else don't make sense to me I use other things such as Fibonacci and Trend Line.

If you look at H1 chart and draw the TL from bottom, what do you see?
the line I have just drawn


but to be honest Sarah is on the other screen and very distracting compared to the line
  • #767,315
  • Mar 5, 2013 6:01am Mar 5, 2013 6:01am
i prefer short position on eu before the ism news. but see what happen after the news release
Everything in the world has its own rhytms
  • #767,316
  • Mar 5, 2013 6:01am Mar 5, 2013 6:01am
Quoting halkins
Actually I don't know what to do now, watching charts and waiting, scratching my head.
I think some NEWS today will show the way we have to go...
Right now, I'm sitting on my hands waiting for a good short entry. I want to first see a confirmed penetration of the main pivot to the south; MACD on H1 chart needs to turn negative and RSI on H1 needs to drop to 49 or lower. I am hoping a short entry at around 1.3005 will tick all the boxes. Probably have more than enough time to enjoy a leisurely lunch first.
  • #767,317
  • Mar 5, 2013 6:02am Mar 5, 2013 6:02am
121.60 next i see. stop could be 121.21.

if i trade i will wait entry with 10 stop
looking for investors . pm me
  • #767,318
  • Mar 5, 2013 6:02am Mar 5, 2013 6:02am
Quoting Ken A
When everything else don't make sense to me I use other things such as Fibonacci and Trend Line.

If you look at H1 chart and draw the TL from bottom, what do you see?
I treat each TIMEFRAME like a train.
If I jump into the train, I'd like all (or most) of them going in the same direction.
At this moment they all are going against each other, and the head-on collision is just a matter of time.
1H, 30M North, 4H, 15M, 5M South

I'll wait for the trian which survive the crash

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  • #767,319
  • Mar 5, 2013 6:03am Mar 5, 2013 6:03am
Quoting MaxDoom
the line I have just drawn


but to be honest Sarah is on the other screen and very distracting compared to the line
What breed is Sarah?
  • #767,320
  • Mar 5, 2013 6:04am Mar 5, 2013 6:04am
Quoting MaxDoom
the line I have just drawn


but to be honest Sarah is on the other screen and very distracting compared to the line
Hahahahah...! I just took a peek at her 15 mins ago, hence that was why I was silent I found a bun dle of her mate...! Fascinating...
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