Took small short position, will see how it will hold.
- #26
- Sep 3, 2013 8:21am Sep 3, 2013 8:21am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
could you comment on this? {image}
i'm for a move back somewhere between 3 and 4 right in the middle of nothing, where everybody expects a touch down in support, while price just V turn up
90% of traders use TA, indicators and prediction
- #28
- Sep 4, 2013 3:46am Sep 4, 2013 3:46am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Bahh, news made it clear...or not...
will be watching, can happen some good opportunities there...
90% of traders use TA, indicators and prediction
yes, maybe better to sit on hands, tho who knows how market will react. Besides, for longer perspective, that drawing above, for price to climb up will be tough, if looking at 30m tf, to reach that 1.332 will not be easy, plus its only 140pips or something, and nothing much to hold it from the drop.
besides, selling would be best on #2 or #3. but it's the past so nothing to do with this.
besides, selling would be best on #2 or #3. but it's the past so nothing to do with this.
- #30
- Sep 4, 2013 10:07am Sep 4, 2013 10:07am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
yes, maybe better to sit on hands, tho who knows how market will react. Besides, for longer perspective, that drawing above, for price to climb up will be tough, if looking at 30m tf, to reach that 1.332 will not be easy, plus its only 140pips or something, and nothing much to hold it from the drop. {image} besides, selling would be best on #2 or #3. but it's the past so nothing to do with this.
seen also in hourly.
now, my target is bit high (maybe) but a move into 1.32 area is possible. will certainly scale out if i see 1.3230-60!
p.s. THE EUR JPY is also showing h4 nice possible bullflag breakout, but i'm not that confindent in entry long now in 131.30 resistance. good for a demo anyway
90% of traders use TA, indicators and prediction
- #31
- Sep 4, 2013 10:10am Sep 4, 2013 10:10am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
meanwhile in UK.... 
90% of traders use TA, indicators and prediction
- #32
- Sep 4, 2013 10:20am Sep 4, 2013 10:20am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #33
- Sep 4, 2013 10:29am Sep 4, 2013 10:29am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
gosh only now i realize this is your journal!
sorry i posted a few things.. hope you don't mind
sorry i posted a few things.. hope you don't mind
90% of traders use TA, indicators and prediction
Don't worry you are welcome here any time
EJ is great setup, will look after this, tho about GU, here is my thoughts, but like i said, it could be quite dangerous to load longs, anyway don't want to question your entries, bad habit
By the way, I'm going to celebrate new years eve in Ukraine
maybe i'll write some questions to Maria...
EJ is great setup, will look after this, tho about GU, here is my thoughts, but like i said, it could be quite dangerous to load longs, anyway don't want to question your entries, bad habit
By the way, I'm going to celebrate new years eve in Ukraine
maybe i'll write some questions to Maria... - #35
- Sep 4, 2013 11:56am Sep 4, 2013 11:56am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Don't worry you are welcome here any time
yes this middle 1.56 area can be resistance so i carefully scaled out the position, moved stop @be in half and the smaller one still stop loss in lower 1.55 area. so if something goes wrong in next 3-4 hours, i will be anyway in profits
hey, watch out... she's 21 yrs old
90% of traders use TA, indicators and prediction
- #36
- Sep 4, 2013 1:11pm Sep 4, 2013 1:11pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
seems like there is more than only 1 maria 
http://www.dukascopy.com/fxcomm/miss...&image_id=6986
i could just think about an holiday
http://www.dukascopy.com/fxcomm/miss...&image_id=6986
i could just think about an holiday
90% of traders use TA, indicators and prediction
- "The second release of Q3 GDP is produced today; data so far do not appear to be suggesting any revisions. However, expenditure breakdown data will attract the attention and the index of services will provide us with a better indication of monthly GDP pattern. Business Investment is expected to increase by 2.0%.
- We expect the CBI Distributive Trades Survey to rebound in November to 5 from 2, as it dipped down sharply in October while PMIs remained fairly good.
- We are near-term bullish GBP, given strong growth momentum which may be given some fill-up by this week’s housing market, consumer confidence and GDP data"
- "The usually reliable "Bearish engulfing candle" pattern added the day before yesterday is under some pressure with buyers coming back to market sooner than thought. The 1.6240\60 resistance must however be convincingly broken to show buyers’ initiative at high altitude - and if so raising the bar to the next key ref at the yearly high at 1.6380. Below the still ascending 55day moving average band (1.6115/1.6010) is probably needed to accelerate a push lower (for 1.5854). Resistance 1.6231 1.6241\48 1.6260 1.6290 1.6380 Support 1.6198/94 1.6168 1.6134 1.6115 1.6060"
- #40
- Nov 27, 2013 6:07am Nov 27, 2013 6:07am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Took small short. {image}
same mistake here!
90% of traders use TA, indicators and prediction