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  • #31,001
  • May 28, 2013 9:38am May 28, 2013 9:38am
Anyone close on the peak of that spike?
  • #31,002
  • May 28, 2013 9:39am May 28, 2013 9:39am
Quoting edindzeko
Anyone close on the peak of that spike?
Not sure what you mean.........spike up , spike down, which chart?
The More You Learn, The More You Earn.....
  • #31,003
  • May 28, 2013 9:41am May 28, 2013 9:41am
Quoting forexalien
{quote} Not sure what you mean.........spike up , spike down, which chart?
AUDUSD, spike up. I'm long from .9645 so I was in the green about 40 pips and didn't pull out.
  • #31,004
  • May 28, 2013 9:42am May 28, 2013 9:42am
Quoting forexalien
Aussie is nearing a bottom, news will make it go lower short term............... We can catch the bounce here and then look for the M15 or H1 to fail to get out, Daily is still short with all other TF's Short............. {image}
posted 39 hours ago, H1 is failing.........
The More You Learn, The More You Earn.....
  • #31,005
  • May 28, 2013 9:43am May 28, 2013 9:43am
Quoting edindzeko
{quote} AUDUSD, spike up. I'm long from .9645 so I was in the green about 40 pips and didn't pull out.
that was just a short term retrace and you were part of it..........
The More You Learn, The More You Earn.....
  • #31,006
  • May 28, 2013 9:45am May 28, 2013 9:45am
Quoting edindzeko
{quote} AUDUSD, spike up. I'm long from .9645 so I was in the green about 40 pips and didn't pull out.
oh , you were long from 8 hours ago it sounds like...........
The More You Learn, The More You Earn.....
  • #31,007
  • May 28, 2013 9:46am May 28, 2013 9:46am
Quoting forexalien
{quote} that was just a short term retrace and you were part of it..........
Well damn. I'm still part of it... just the underwater part now.
  • #31,008
  • May 28, 2013 9:48am May 28, 2013 9:48am
Quoting edindzeko
{quote} Well damn. I'm still part of it... just the underwater part now.
When you are 40 pips to the plus, I always place a SL at 5 pips to the plus, so I never lose a positive trade.........
The More You Learn, The More You Earn.....
  • #31,009
  • May 28, 2013 9:50am May 28, 2013 9:50am
Quoting edindzeko
{quote} Well damn. I'm still part of it... just the underwater part now.
nearing a short term bottom, you might be able to break even or If your are not over margined and can hang on, you should be ok longer term, say a few days........
The More You Learn, The More You Earn.....
  • #31,010
  • May 28, 2013 9:59am May 28, 2013 9:59am
Quoting forexalien
{quote} nearing a short term bottom, you might be able to break even or If your are not over margined and can hang on, you should be ok longer term, say a few days........
Yeah I can hang on through a bit. I have a great trade on EURAUD that is holding my head above BE for the day.

On AUDUSD I was ~10 pips away from my exit and just figured we'd get there, turned away for a minute and it fell off like a rock.
  • #31,011
  • May 28, 2013 9:59am May 28, 2013 9:59am
Quoting forexalien
{quote} correct folder ? and did you turn off mt4 and turn it back on ?
I did do both. It's in the expert indicator folder something like that, it comes up in mt4 but it won't let me activate it.
  • #31,012
  • May 28, 2013 10:02am May 28, 2013 10:02am
Quoting edindzeko
{quote} Yeah I can hang on through a bit. I have a great trade on EURAUD that is holding my head above BE for the day. On AUDUSD I was ~10 pips away from my exit and just figured we'd get there, turned away for a minute and it fell off like a rock.
Be mindful of the news next time. US consumer index came in good. I pulled out right before the news hit.
  • #31,013
  • May 28, 2013 10:09am May 28, 2013 10:09am
you are seeing the power of the prevailing trend. i am considering long on the bounce area from recent drop.
As Above, So Below
  • #31,014
  • May 28, 2013 10:12am May 28, 2013 10:12am
Quoting Arman_A
{quote} Be mindful of the news next time. US consumer index came in good. I pulled out right before the news hit.

Ah damn. Thanks for the tip.
  • #31,015
  • May 28, 2013 10:17am May 28, 2013 10:17am
Quoting Arman_A
{quote}I did do both. It's in the expert indicator folder something like that, it comes up in mt4 but it won't let me activate it.
Last thing I can think about would be turn computer off, back on, install into the experts indicator folder and then open MT4.........double click custom indicator and it should go to chart, maybe try a new clean chart to start with.........
The More You Learn, The More You Earn.....
  • #31,016
  • May 28, 2013 10:23am May 28, 2013 10:23am
Bulls being led to the water...

http://youtu.be/VO1HH9d9FGQ
  • #31,017
  • May 28, 2013 10:32am May 28, 2013 10:32am
A retest of the the bottom is likely. This is common.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
daddybearforex. com
  • #31,018
  • May 28, 2013 10:53am May 28, 2013 10:53am
i dont think there will be retest of bottom today.
As Above, So Below
  • #31,019
  • May 28, 2013 10:55am May 28, 2013 10:55am
Quoting tashkent
i dont think there will be retest of bottom today.
Why? I thought your were short.
daddybearforex. com
  • #31,020
  • May 28, 2013 10:57am May 28, 2013 10:57am
If I have seen the preset path ahead, a retest is > 80%.
daddybearforex. com
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