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Trading EURUSD only

  • #36,681
  • Mar 5, 2013 9:25am Mar 5, 2013 9:25am
Quoting Swedishtrade
Now it is getting interesting, will we brake through and close under neckline?
Good news from USA strengthend the dollar, let see how much.
Bounced of the neckline.
I expact weekly downtrend is beginning.
  • #36,682
  • Mar 5, 2013 9:45am Mar 5, 2013 9:45am
1m Inverse SHS to send it Long

Edit:
USDX at Neckline of SHS
Attached Image (click to enlarge)
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Wait, or you will be slaughtered!
  • #36,683
  • Mar 5, 2013 10:12am Mar 5, 2013 10:12am
was reading 10s of emails
  • #36,684
  • Mar 5, 2013 10:13am Mar 5, 2013 10:13am
1H says 3070 in sight
  • #36,685
  • Mar 5, 2013 10:14am Mar 5, 2013 10:14am
MKT still under huge sell pressure
but it cant go down
also cant go up
MESS days
  • #36,686
  • Mar 5, 2013 10:20am Mar 5, 2013 10:20am
I see this as a downtrend for the rest of the week starting, because we already violated 1.30, it looks like 1.2875 could be possible.
Not really sure if this is a good time to trade on either side though...Lots of noise.

Daily chart there is a huge topping tail in formation currently...If we lose 1.3010 I can hold onto my shorts for a while.
  • #36,687
  • Mar 5, 2013 10:30am Mar 5, 2013 10:30am
wiat 30min
trade LG @ 19:00 GMT+2
TP 20 pips
SL 20 pips
  • #36,688
  • Mar 5, 2013 10:51am Mar 5, 2013 10:51am
took loss on my long trade, -30, now short, SL@3050, TP@2967, this thing failed twice to stay over 3050 Steve,
Attached Image (click to enlarge)
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  • #36,689
  • Mar 5, 2013 10:58am Mar 5, 2013 10:58am
BTDTR
but it manage to stay over 3000

Quoting Lucrativ
took loss on my long trade, -30, now short, SL@3050, TP@2967, this thing failed twice to stay over 3050 Steve,
  • #36,690
  • Mar 5, 2013 11:00am Mar 5, 2013 11:00am
LG @ 3018
2nd trade today
this totally fundu trade
1/2NS
  • #36,691
  • Mar 5, 2013 11:03am Mar 5, 2013 11:03am
1st trade +11
2013.03.05 15:44:35S-TLCF-v2-27d EURUSD,M4: MFE: 11 MAE: 4

Quoting stevewalker
LG @ 3018
2nd trade today
this totally fundu trade
1/2NS
Attached Image (click to enlarge)
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  • #36,692
  • Mar 5, 2013 11:06am Mar 5, 2013 11:06am
Quoting stevewalker
1st trade +11
2013.03.05 15:44:35 S-TLCF-v2-27d EURUSD,M4: MFE: 11 MAE: 4
Steve why did you close already? just curious as to what you see that I dont
  • #36,693
  • Mar 5, 2013 11:06am Mar 5, 2013 11:06am
2nd trade, you have been patient today, what made you go long?
Quoting stevewalker
LG @ 3018
2nd trade today
this totally fundu trade
1/2NS
  • #36,694
  • Mar 5, 2013 11:12am Mar 5, 2013 11:12am
as posted fundu
UK closed
US may carry it 20 pips above

Quoting Swedishtrade
2nd trade, you have been patient today, what made you go long?
  • #36,695
  • Mar 5, 2013 11:13am Mar 5, 2013 11:13am
bro that trade time is GMT+2
I traded that LG @ 13:17 GMT or 15:17 GMT+2
TP hit @ 15:44 GMT+2 @ +11

Quoting Bocephus
Steve why did you close already? just curious as to what you see that I dont
  • #36,696
  • Mar 5, 2013 11:14am Mar 5, 2013 11:14am
yes patient
because I am training myself

Quoting stevewalker
as posted earlier
I had stopped price averaging
&
also stopped HS trades long time ago. ( 2012 )

so what I am doing is getting experienced on TP or SL trades.

to do this I am actually trading with 1/2NS
&
with @ the edge of Margin limits. ( using a new account rather then my main account with a very limited money to
margin levels. )

the reason for that is to hold my self making average trades. ( when account @ the Margin limits I can not open another trade )

actually I am training myself & getting rid of using...
  • #36,697
  • Mar 5, 2013 11:16am Mar 5, 2013 11:16am
when I advise something to others
first I do it myself

Quoting stevewalker
wiat 30min
trade LG @ 19:00 GMT+2
TP 20 pips
SL 20 pips
  • #36,698
  • Mar 5, 2013 11:23am Mar 5, 2013 11:23am
.
Quoting stevewalker
one thing I am sure.
US is devided into 2 or 3 parts.

when UK is in action defending side of US + UK is holding US session moves.
when UK closed US attack side gets stronger.
  • #36,699
  • Mar 5, 2013 11:31am Mar 5, 2013 11:31am
Ok I see, good luck.
Quoting stevewalker
as posted fundu
UK closed
US may carry it 20 pips above
  • #36,700
  • Mar 5, 2013 11:33am Mar 5, 2013 11:33am
TY
Quoting Swedishtrade
Ok I see, good luck.
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