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  • #41,321
  • Apr 2, 2013 12:54am Apr 2, 2013 12:54am
monkey still moving down wityhout a right shoulder.
that hunted me. I could exit before SL hit but was expecting it.
in general there should be a right shoulder.
  • #41,322
  • Apr 2, 2013 12:55am Apr 2, 2013 12:55am
if not

then it should move fast

it
neither fast
nor there is a right shoulder.

Quoting stevewalker
monkey still moving down wityhout a right shoulder. that hunted me. I could exit before SL hit but was expecting it. in general there should be a right shoulder.
  • #41,323
  • Apr 2, 2013 12:57am Apr 2, 2013 12:57am
Quoting stevewalker
with next aggressive trade I will set SL to Max 8 pips TP to Min 14 pips that should give better overall R/R ratio
I usually do a 3 to 1 ratio but I am looking at trades that I think will travel at least 20-60 pips.
  • #41,324
  • Apr 2, 2013 12:58am Apr 2, 2013 12:58am
ok
today is going to play on news
thats for sure now.
  • #41,325
  • Apr 2, 2013 12:59am Apr 2, 2013 12:59am
between
10:00
12:00
GMT+3
fireworks

Quoting stevewalker
GMT+3 4:30am JPY Average Cash Earnings y/y All Day EUR German Prelim CPI m/m 10:00am EUR Spanish Unemployment Change 10:15am EUR Spanish Manufacturing PMI 10:30am CHF SVME PMI 10:45am EUR Italian Manufacturing PMI 11:30am GBP Manufacturing PMI Tentative GBP Net Lending to Individuals m/m 12:00pm EUR Unemployment Rate 5:00pm USD Factory Orders m/m
  • #41,326
  • Apr 2, 2013 1:00am Apr 2, 2013 1:00am
S*** leaking down.
I hate those leak moves without any strenght
  • #41,327
  • Apr 2, 2013 1:01am Apr 2, 2013 1:01am
yes
I am still angry to loss trade

Quoting stevewalker
S*** leaking down. I hate those leak moves without any strenght
  • #41,328
  • Apr 2, 2013 1:02am Apr 2, 2013 1:02am
look at that MESS

Quoting stevewalker
S*** leaking down. I hate those leak moves without any strenght
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm1.png Size: 73 KB
  • #41,329
  • Apr 2, 2013 1:06am Apr 2, 2013 1:06am
Longer C wave on an extended zig zag B usually means stronger upward movements. In my experience
  • #41,330
  • Apr 2, 2013 1:07am Apr 2, 2013 1:07am
So you are looking for 1.2910-1.2920 area at the top of the micro wave?
Quoting MeInGraySuit
I usually do a 3 to 1 ratio but I am looking at trades that I think will travel at least 20-60 pips.
  • #41,331
  • Apr 2, 2013 1:08am Apr 2, 2013 1:08am
Hey guys,

Got a short entry at 1.2867

TP @ 1.2847
  • #41,332
  • Apr 2, 2013 1:08am Apr 2, 2013 1:08am
If we get this extension of the 3rd wave, target will be around .2950 before it will end.
  • #41,333
  • Apr 2, 2013 1:11am Apr 2, 2013 1:11am
GL
Quoting nztrader
Hey guys, Got a short entry at 1.2867 TP @ 1.2847
  • #41,334
  • Apr 2, 2013 1:12am Apr 2, 2013 1:12am
2950

Quoting MeInGraySuit
If we get this extension of the 3rd wave, target will be around .2950 before it will end.
  • #41,335
  • Apr 2, 2013 1:12am Apr 2, 2013 1:12am
.
Quoting stevewalker
levels 2900 2950 are in sight
  • #41,336
  • Apr 2, 2013 1:14am Apr 2, 2013 1:14am
if we dont have a 1 Bar straight up move @ 1H CT
this monkey building a down move.
up move lost momentum !
  • #41,337
  • Apr 2, 2013 1:14am Apr 2, 2013 1:14am
Quoting stevewalker
.
100 pips...have to have the extension though....
  • #41,338
  • Apr 2, 2013 1:16am Apr 2, 2013 1:16am
Quoting stevewalker
if we dont have a 1 Bar straight up move @ 1H CT this monkey building a down move. up move lost momentum !
If it moves up, lets hope it hits my TP @ 47 first!
  • #41,339
  • Apr 2, 2013 1:16am Apr 2, 2013 1:16am
first we need the "will" to do that

Quoting MeInGraySuit
100 pips...have to have the extension though....
  • #41,340
  • Apr 2, 2013 1:19am Apr 2, 2013 1:19am
Quoting nztrader
If it moves up, lets hope it hits my TP @ 47 first!
We might get a slight bounce around there...breaking this trendline will tell
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