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Trading EURUSD only

  • #38,001
  • Mar 13, 2013 10:02am Mar 13, 2013 10:02am
Quoting Uturn2
We have been waiting for this push down! It was hard to wait but worth the effort.
  • #38,002
  • Mar 13, 2013 10:02am Mar 13, 2013 10:02am
Quoting thodie
hi lucrativ, hi migs,

busy busy

1.2920 is the position of my descending TL back to 2011 (drawn in weekly so +- a few pips)
just a guess downmove may be over for today! Time for a retracement.

pippin trading
If there are any bears left this is the area they like to come back in, stay green my friend
  • #38,003
  • Mar 13, 2013 10:06am Mar 13, 2013 10:06am
Quoting MeInGraySuit
We have been waiting for this push down! It was hard to wait but worth the effort.
Hi MIGS,
is this Wave 4?
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130313_15m[6]EURUSD.png Size: 24 KB
Wait, or you will be slaughtered!
  • #38,004
  • Mar 13, 2013 10:07am Mar 13, 2013 10:07am
Quoting Bocephus
If there are any bears left this is the area they like to come back in, stay green my friend
Agreed! Looking for two more small waves down.
  • #38,005
  • Mar 13, 2013 10:09am Mar 13, 2013 10:09am
Quoting MeInGraySuit
Awesome, yes I have taken some off the table but I still think wave 3 should push to at least .28957 (100%) of wave 1...if it pushes passed that .27857 (161.8% of wave 1) will be my next target. Don't think we will go that low on wave 3 so .28957!
I see my count must be very wrong
Wait, or you will be slaughtered!
  • #38,006
  • Mar 13, 2013 10:10am Mar 13, 2013 10:10am
Back to 70ish ?
Attached Image (click to enlarge)
Click to Enlarge Name: 30.jpg Size: 259 KB
  • #38,007
  • Mar 13, 2013 10:10am Mar 13, 2013 10:10am
Quoting MeInGraySuit
Agreed! Looking for two more small waves down.
Ok! Cheers MIGS
Wait, or you will be slaughtered!
  • #38,008
  • Mar 13, 2013 10:12am Mar 13, 2013 10:12am
Quoting aahmad29
Short position at 1.3030. Probably down trend starts.
Closed Short Position at 1.2940. What a wonderful day for me . +13,+84 Pips. I am done for the day.
Love for all; Hatred for none.
  • #38,009
  • Mar 13, 2013 10:13am Mar 13, 2013 10:13am
Quoting mok1one
Back to 70ish ?
I have DS2 at 2950 => Resistance Level?
Edit: USDX trying a 1m Flat at 82.95
Wait, or you will be slaughtered!
  • #38,010
  • Mar 13, 2013 10:15am Mar 13, 2013 10:15am
Quoting Uturn2
Hi MIGS,
is this Wave 4?
Cheers,
U2
Wave iii looks more extended to me so I am labeling it like this...sorry wave iii should be under the blue candlestick to the left.
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 102 KB
  • #38,011
  • Mar 13, 2013 10:17am Mar 13, 2013 10:17am
And what hard wait it has been. Geezus.
I'm still fairly a noobie trader at heart and at yesterday's close i took a long position on my buy signal. Well, sometime during the Asia session it took me in the money, reversed, and i woke up this morning SO.

From yesterday's PA, i thought a bottom had put in, although in the back of my mind i still felt like a selloff still loomed. What i'm finding is that it's even harder during being patient to stick to your conviction. All during yesterday I'd ask myself: are buyers finally keeping above 1.300 or are sellers finally keeping it below 1.300

this my friends is what makes trading the hardest way to make easy money.
Quoting MeInGraySuit
We have been waiting for this push down! It was hard to wait but worth the effort.
  • #38,012
  • Mar 13, 2013 10:19am Mar 13, 2013 10:19am
Quoting MeInGraySuit
Wave iii looks more extended to me so I am labeling it like this...
Cheers MIGS!
Correction:
5 waves in wave iii
Wait, or you will be slaughtered!
  • #38,013
  • Mar 13, 2013 10:21am Mar 13, 2013 10:21am
Quoting aahmad29
Closed Short Position at 1.2940. What a wonderful day for me . +13,+84 Pips. I am done for the day.
  • #38,014
  • Mar 13, 2013 10:23am Mar 13, 2013 10:23am
Quoting Uturn2
Cheers MIGS!
Correction:
5 waves in wave iii
Short 2944 [Based on USDX stregth, and EU ED?]
Wait, or you will be slaughtered!
  • #38,015
  • Mar 13, 2013 10:29am Mar 13, 2013 10:29am
Quoting Bocephus
If there are any bears left this is the area they like to come back in, stay green my friend
Here they come again
  • #38,016
  • Mar 13, 2013 10:32am Mar 13, 2013 10:32am
Quoting Bocephus
Here they come again
Wow spoke to soon Bulls are planting there feet here and fighting
  • #38,017
  • Mar 13, 2013 10:32am Mar 13, 2013 10:32am
Quoting Uturn2
Short 2944 [Based on USDX stregth, and EU ED?]
Saved by the trailing Stop!!! -3pips
Wait, or you will be slaughtered!
  • #38,018
  • Mar 13, 2013 10:39am Mar 13, 2013 10:39am
Expect to see a retrace to 77 for the stops of the BO traders.
  • #38,019
  • Mar 13, 2013 10:57am Mar 13, 2013 10:57am
15min chart here you notice PA finally broke the MA's which has not been done in hours so we are going up, the question is for how long, so check other TF's for suppport
Attached Image (click to enlarge)
Click to Enlarge Name: 15min4.png Size: 68 KB
  • #38,020
  • Mar 13, 2013 10:57am Mar 13, 2013 10:57am
Leaving this runner in for the rest of the move down to 2887 or somwhere there... HOLLA@ you boy everyone, i'm out for the day,
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