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  • #11,641
  • Apr 10, 2013 2:56am Apr 10, 2013 2:56am
Quoting kosmo
Hello all and trade well Here's an interesting article to read while we watch the Euro pairs climb: George Soros urges Angela Merkel to consider quitting euro
I read that about half an hour ago Jo......I think he makes some very valid points.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,642
  • Apr 10, 2013 2:57am Apr 10, 2013 2:57am
Quoting Martyfish
kwissy, Certainly is, right on London open Nice way to start the day !!
Alright, thank you Marty. I'll look out more for this kind of setup in EJ.
Certainly like EJ very much. Although I exit prematurely but I wouldn't want my profit to turn losses easily, always stay positive no matter how small the pips are, green is green.
  • #11,643
  • Apr 10, 2013 3:02am Apr 10, 2013 3:02am
Oh and a really exciting 4 pips from GU
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,644
  • Apr 10, 2013 3:10am Apr 10, 2013 3:10am
Quoting kosmo
Hello all and trade well Here's an interesting article to read while we watch the Euro pairs climb: George Soros urges Angela Merkel to consider quitting euro
I read that this morning too.
No chance
.... laughing all the way to the bank
  • #11,645
  • Apr 10, 2013 3:11am Apr 10, 2013 3:11am
Quoting Martyfish
Oh and a really exciting 4 pips from GU
Been watching it from Frankie open for a long opportunity but didn't see decent setup...
  • #11,646
  • Apr 10, 2013 3:16am Apr 10, 2013 3:16am
Quoting realjumper
I read that about half an hour ago Jo......I think he makes some very valid points.
So its going to take Mr Soros for the Germans to realize you cannot shrink the debt burden by shrinking the deficit? Yet you could almost tell they're not going to listen..I'm truly saddened for Europe's working class.
  • #11,647
  • Apr 10, 2013 3:16am Apr 10, 2013 3:16am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting kwissy
Hi all, this is EJ's trade I've taken today, is this considered to be HPT? Although m5 stoch showed HL, PA also HL, but at that moment of time, the m15 stoch is just a tiny cross up and not yet confirmed, but on longer lookback, m15 stoch is making HL if the tiny cross is confirmed in line with H1 stoch rising. Is this how you all look out for HPT in real time? {image}
Kwissy, you have a red line at 129.98 -- I hope that is not a resistance as my first R1 is not until 130.26. sometimes just waiting with stop to BE or a little more is wise or manually moving a stop behind price or placing it below one of your MAs is a good idea too. As long as your wins are bigger than your losses you are doing so well! I managed to talk myself out of that trade....it looks so clear now.....but I don't mind. Good Trade!
  • #11,648
  • Apr 10, 2013 3:23am Apr 10, 2013 3:23am
Quoting Thoughts
So its going to take Mr Soros for the Germans to realize you cannot shrink the debt burden by shrinking the deficit? Yet you could almost tell they're not going to listen..I'm truly saddened for Europe's working class.
Yeah.....sad isn't it?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,649
  • Apr 10, 2013 3:31am Apr 10, 2013 3:31am
jamz,

The red line is his 60SMA !!

Quoting Jamz
Kwissy, you have a red line at 129.98 -- I hope that is not a resistance as my first R1 is not until 130.26. sometimes just waiting with stop to BE or a little more is wise or manually moving a stop behind price or placing it below one of your MAs is a good idea too. As long as your wins are bigger than your losses you are doing so well! I managed to talk myself out of that trade....it looks so clear now.....but I don't mind. Good Trade!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,650
  • Apr 10, 2013 3:32am Apr 10, 2013 3:32am
Quoting kwissy
Hi all, this is EJ's trade I've taken today, is this considered to be HPT? Although m5 stoch showed HL, PA also HL, but at that moment of time, the m15 stoch is just a tiny cross up and not yet confirmed, but on longer lookback, m15 stoch is making HL if the tiny cross is confirmed in line with H1 stoch rising. Is this how you all look out for HPT in real time? {image}
Hi, Kwissy!

I can see the only one "weak point" about this trade - signal candle closed 5 minutes before LO.
Let's go with the flow
  • #11,651
  • Apr 10, 2013 3:34am Apr 10, 2013 3:34am
Quoting realjumper
Yeah.....sad isn't it?
Indeed..almost takes the fun out of trading for me.
  • #11,652
  • Apr 10, 2013 3:36am Apr 10, 2013 3:36am
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting Martyfish
jamz, The red line is his 60SMA !!
No the next one up Marty, above price.
  • #11,653
  • Apr 10, 2013 3:42am Apr 10, 2013 3:42am
Quoting Martyfish
jamz, The red line is his 60SMA !!
No it isn't.....look again......129.98. Looks like Kwissy has both the Bid and Ask lines showing on his platform to me
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,654
  • Apr 10, 2013 3:45am Apr 10, 2013 3:45am
Quoting Jamz
No the next one up Marty, above price.
Hi Jamz, that red line 129.98 is the ask price line.
My SMA60 is blue line and as for my red MA line, that's SMA220 to represent as H1's SMA20 line.
You can see how well asian session love to trade SMAs and bounce off H1 SMA20 line very often.
Rather complicated and sometimes will hesitate my decision to take the trade, hence less is more, will remove the SMA220 line.

A setup is a setup, even before london open when the probability is there, just take it since its already 10min after the EUR news and before the london open.
  • #11,655
  • Apr 10, 2013 3:57am Apr 10, 2013 3:57am
In GJ short. Looks like it's rejecting R1. Targeting 152.00

Is anyone with me?
mind over matter
  • #11,656
  • Apr 10, 2013 4:03am Apr 10, 2013 4:03am
Quoting kosmo
In GJ short. Looks like it's rejecting R1. Targeting 152.00 Is anyone with me?
I can see what you're thinking, but that one is not for me. It could well come back to test the round number, but I think I'll pass on that one
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,657
  • Apr 10, 2013 4:29am Apr 10, 2013 4:29am
Quoting kosmo
In GJ short. Looks like it's rejecting R1. Targeting 152.00 Is anyone with me?
I've got MTF arrow long side; so I pass
Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 25 KB
Don't give up
  • #11,658
  • Apr 10, 2013 4:41am Apr 10, 2013 4:41am
Quoting kosmo
In GJ short. Looks like it's rejecting R1. Targeting 152.00 Is anyone with me?
Hi Kosmo, how would you tell its a rejection on R1? would it not retest R1 again from the time you enter the trade? Just curious. But you did great as GJ falls now.
  • #11,659
  • Apr 10, 2013 4:49am Apr 10, 2013 4:49am
Quoting realjumper
I can see what you're thinking, but that one is not for me. It could well come back to test the round number, but I think I'll pass on that one
Thanks for your comments, RJ and geomink. My thinking was also supported by the fact that GBP was weak on the CSM. But of course it is a counter trade, so it can come back anytime.

Still hanging on though, SL @BE+2.
mind over matter
  • #11,660
  • Apr 10, 2013 5:05am Apr 10, 2013 5:05am
The Kiwi is very interesting....the yellow circle shows the highest ever against the greenback, and you can see a possible divergence building.....been building for a long time in fact and is not yet confirmed. It's a weekly chart so don't go rushing into any shorts, but do keep it in mind.....
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi.jpg Size: 187 KB
Doing what you like is Freedom. Liking what you do is Happiness.
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