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  • #797,241
  • May 13, 2013 2:18pm May 13, 2013 2:18pm
Quoting DNTme
{quote} floating at +3-5 pips since forever. took a nap meantime. lucky me
closed +4.

Took long 2974 for 3045
fokyou forexfactory
  • #797,242
  • May 13, 2013 2:20pm May 13, 2013 2:20pm
Sigh should I just take my loses and exit this trade?

Currently short 1.29460, - 60 pips.. Tired of seeing the big red numbers, should I hold on in hopes of a pullback or close?
  • #797,243
  • May 13, 2013 2:24pm May 13, 2013 2:24pm
Quoting aahmad29
{quote} I am done for the day with 43 Pips profit. {image}
can you share the latest files for this strategy so that i can test it also?
  • #797,244
  • May 13, 2013 2:30pm May 13, 2013 2:30pm
Quoting BlueGas
{quote} but that run just up to to 1.3 and rejected, bit suspicous about longs, probably would break bit more to the upside, usdx still very strong... anyway if it does break to the upside, i have 3017 as first ress, until that just holdin and waitin...though 2958 might also be nice for longs
The move up from 1,294x was pretty fast and furious.
And now 1,2965/67 is acting as support, hence i'm aiming for a higher move until another bearish setups appear.

Time will tell, i'll know more tomorrow
COT: The precious data ignored
  • #797,245
  • May 13, 2013 2:39pm May 13, 2013 2:39pm
Quoting Murdetrain
Sigh should I just take my loses and exit this trade? Currently short 1.29460, - 60 pips.. Tired of seeing the big red numbers, should I hold on in hopes of a pullback or close?
Quick question.

Before taking the trade, have you taken a look at your chart ?

If so, why you took it in the first place?
COT: The precious data ignored
  • #797,246
  • May 13, 2013 2:51pm May 13, 2013 2:51pm
Quoting Murdetrain
Sigh should I just take my loses and exit this trade? Currently short 1.29460, - 60 pips.. Tired of seeing the big red numbers, should I hold on in hopes of a pullback or close?
Depends on how levereged you are
  • #797,247
  • May 13, 2013 3:01pm May 13, 2013 3:01pm
Quoting Murdetrain
Sigh should I just take my loses and exit this trade? Currently short 1.29460, - 60 pips.. Tired of seeing the big red numbers, should I hold on in hopes of a pullback or close?
I think you should close yes.
"You're solid gold, see you in hell"
  • #797,248
  • May 13, 2013 3:05pm May 13, 2013 3:05pm
Quoting aahmad29
{quote} I am done for the day with 43 Pips profit.
Yahoo!
  • #797,249
  • May 13, 2013 3:07pm May 13, 2013 3:07pm
Quoting DNTme
{quote} closed +4. Took long 2974 for 3045
Not here man imho sucker territory
  • #797,250
  • May 13, 2013 3:14pm May 13, 2013 3:14pm
Quoting Murdetrain
Sigh should I just take my loses and exit this trade? Currently short 1.29460, - 60 pips.. Tired of seeing the big red numbers, should I hold on in hopes of a pullback or close?

you took the trade, calculated the rr, placed the stop..

now you manage the trade according to the tradeplan, you don't ask questions.. if you don't know what to do, you shouldn't be in a position..
Patience is a virtue...
  • #797,251
  • May 13, 2013 3:35pm May 13, 2013 3:35pm
The pair stopped at 1.2940 and bounced back pretty aggressively. Let's wait for tomorrow London open, I guess we will touch 1.3044 line before going down again. Shorting from that level wouldn't be too risky now, would it? 1.2996 is kind of tempting to sell from, but I am not so sure the price will retrace only this little. I guess, it needs to breathe a little bit more than this.
  • #797,252
  • May 13, 2013 3:36pm May 13, 2013 3:36pm
Quoting kuroro001
{quote} Quick question. Before taking the trade, have you taken a look at your chart ? If so, why you took it in the first place?
Based my trading on the news reports, and bearish outlook that people were forecasting.

I mean all the releases(retail, etc.) were in favor of USD but I guess not :/
  • #797,253
  • May 13, 2013 3:41pm May 13, 2013 3:41pm
Quoting BlueGas
{quote} Not here man imho sucker territory
2 rejections on downside on hourly, a tight range for last 8 hours...for me is good enough as setup.

besides, i enjoy for moment EJ short.

look EG, is ready for a next move up, and that will give an impulse to eurusd as well..maybe not huge but enough for few good pips
fokyou forexfactory
  • #797,254
  • May 13, 2013 3:41pm May 13, 2013 3:41pm
Quoting SugarPink
{quote} I think you should close yes.


I see that the thread is getting better every single day, now you are giving recommendations, what is new...?

Who the feck are you to give any such advice...? Will you compensate the guy if EUR falls down like a bag of potatoes from here...?
  • #797,255
  • May 13, 2013 3:42pm May 13, 2013 3:42pm
Maybe there is a reason why it stopped here. As I said this morning. Horrible place to short.. Been posting this chart since Friday...

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  • #797,256
  • May 13, 2013 4:03pm May 13, 2013 4:03pm
Quoting The Fool
I feel sorry for anybody trying to trade this shit.
Y. As I ve just found out, enter and walk away was good deal. Really sick day. But heck, isnt this heavy weekly support? Sure it is. Is it going to hold? Sure it is . Well, in fact Asia may yet again sell Yen and buy USD, so I should cover and maybe I will. Looking forward for London tomorrow.
"I know one thing, that I know nothing." Sokrates
  • #797,257
  • May 13, 2013 4:49pm May 13, 2013 4:49pm
Quoting math_GB
{quote} I see that the thread is getting better every single day, now you are giving recommendations, what is new...? Who the feck are you to give any such advice...? Will you compensate the guy if EUR falls down like a bag of potatoes from here...?
I never give advice
But he seemed so clueless that I wanted to help him
And no euro will not fall to 40 again.
"You're solid gold, see you in hell"
  • #797,258
  • May 13, 2013 4:50pm May 13, 2013 4:50pm
Bear flag on all JPY crosses... go all in short now and hold on for weeks/months for massive profit... cya in a year for i told u so!
  • #797,259
  • May 13, 2013 5:13pm May 13, 2013 5:13pm
Quoting math_GB
{quote} I see that the thread is getting better every single day, now you are giving recommendations, what is new...? Who the feck are you to give any such advice...? Will you compensate the guy if EUR falls down like a bag of potatoes from here...?
Thank you Math Finnaly!
  • #797,260
  • May 13, 2013 5:15pm May 13, 2013 5:15pm
Quoting SugarPink
{quote} I never give advice But he seemed so clueless that I wanted to help him And no euro will not fall to 40 again.

2989 will decide, i hope we dont get it, hush...
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