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EURUSD

  • #799,241
  • May 20, 2013 3:32am May 20, 2013 3:32am
2875 short. target 2823
looking for investors . pm me
  • #799,242
  • May 20, 2013 3:33am May 20, 2013 3:33am
Quoting mohan76
{quote} when $yen loosing ground Aussie & kiwi gain some ground , i guess Japanese Economy Minister Amari 's earlier comment in play {quote}
  • #799,243
  • May 20, 2013 3:35am May 20, 2013 3:35am
Quoting kbmoonshinex
2875 short. target 2823
me too. But, what's your reason for short.
I've just seen high volume at 2865, that's why i'm short.
  • #799,244
  • May 20, 2013 3:36am May 20, 2013 3:36am
the euro-dollar trying to get into the orbit (1.2875-1.2884)
  • #799,245
  • May 20, 2013 3:42am May 20, 2013 3:42am
Sterling: Broke major trendline, went and test the recent low, in the mean time sterling is gaining strength and dollar is getting weak overall. Just a thought.
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  • #799,246
  • May 20, 2013 3:42am May 20, 2013 3:42am
Quoting kuroro001
{quote} I guess your first trade was a bit of bad luck...because if you had put your stop above Asian highs (90/92) you would have made nice profit. But you took a trade on a doji with very high volume, but it's inside the resistance. If you want to short or long a doji with very high volume, wait for it to be a the top or the bottom of move, you'll have chance of seeing going in your way. For your second trade, it could have been a good one if there wasn't a selling opportunity right before it. And when i look at the chart, it jumped out of nowhere...
I normally use limit orders for my trades. Is this a bad idea on 5 minute charts?
  • #799,247
  • May 20, 2013 3:48am May 20, 2013 3:48am
Quoting Bookman
{quote} I normally use limit orders for my trades. Is this a bad idea on 5 minute charts?
Trading m5 is different than higher tf , as everything is faster.

It depends on your trading style. If you are new to it, i'd suggest higher TF...then move on to lower ones once you get used to it
COT: The precious data ignored
  • #799,248
  • May 20, 2013 3:56am May 20, 2013 3:56am
Quoting kuroro001
{quote} Trading m5 is different than higher tf , as everything is faster. It depends on your trading style. If you are new to it, i'd suggest higher TF...then move on to lower ones once you get used to it
Exactly. I wanted to suggest him the same. to use a higher time frame. But i did not since i have only one Vouch (V).
Fools Rushing
  • #799,249
  • May 20, 2013 3:57am May 20, 2013 3:57am
Possable short Macd is level and looking to go down
  • #799,250
  • May 20, 2013 4:06am May 20, 2013 4:06am
Quoting MTF Test
{quote} Exactly. I wanted to suggest him the same. to use a higher time frame. But i did not since i have only one Vouch (V).

No offense but that's a stupid reason for not to post advices.
COT: The precious data ignored
  • #799,251
  • May 20, 2013 4:09am May 20, 2013 4:09am
Quoting kuroro001
{quote} No offense but that's a stupid reason for not to post advices.
volume looks nice so probably we see 2820
looking for investors . pm me
  • #799,252
  • May 20, 2013 4:11am May 20, 2013 4:11am
Quoting kbmoonshinex
{quote} volume looks nice so probably we see 2820
Id love a tour and see 1.2820
  • #799,253
  • May 20, 2013 4:15am May 20, 2013 4:15am
Quoting kbmoonshinex
{quote} volume looks nice so probably we see 2820
Highly possible, lots of weakness in the m5 chart
COT: The precious data ignored
  • #799,254
  • May 20, 2013 4:18am May 20, 2013 4:18am
Quoting kuroro001
{quote} Bulls needs another 1,2822 touch...and maybe 1,2813. So i want a short for this first tp
AGREE with you about 1.282X, however is this up first before tough this target ?
  • #799,255
  • May 20, 2013 4:18am May 20, 2013 4:18am
Quoting kuroro001
{quote} No offense but that's a stupid reason for not to post advices.
In FF we respect traders who have 10+V. and we consider them as pro traders with quite an impressive background in FOREX. I personally tend to take advice from them.

I would rather not give advice; rather I would post more Opinion of mine.
Fools Rushing
  • #799,256
  • May 20, 2013 4:20am May 20, 2013 4:20am
Quoting kuroro001
{quote} Highly possible, lots of weakness in the m5 chart
personally, i will wait until PA break 1.2832 (h1 Support) before deciding entry long or short..
  • #799,257
  • May 20, 2013 4:22am May 20, 2013 4:22am
Maybe im not going to have 1 million by the year end becase of this dollar buying. Plan B 500k
"You're solid gold, see you in hell"
  • #799,258
  • May 20, 2013 4:25am May 20, 2013 4:25am
Bulls seem stronger at the moment.
Stop going for the easy buck
  • #799,259
  • May 20, 2013 4:28am May 20, 2013 4:28am
If 523 starts to hold prolly want to start covering shorts
  • #799,260
  • May 20, 2013 4:30am May 20, 2013 4:30am
Quoting fxstupid
{quote} AGREE with you about 1.282X, however is this up first before tough this target ?
The thing is today is holidays in some EU countries hence the "slow" move and weak PA.

I think we'll have to wait for NY to get some descent move.

1,297x was an important area so far rejected, below it the probability to go down is higher.
Above it, the way is open for 1,2900 and higher.

Only small trades this morning.
COT: The precious data ignored
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