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  • #3,701
  • Apr 4, 2014 8:09am Apr 4, 2014 8:09am
Quoting Ken A
Long E/A {image} Short A/N {image}
But just for a scalp I guess?
Fix up, trade sharp ...
  • #3,702
  • Apr 4, 2014 8:09am Apr 4, 2014 8:09am
Quoting Ken A
Long E/A {image}
Looking good. Atm on a small screen at a busstop in no-mans-land, so no opportunity to check with my normal chart, but looks like the scenario of yesterday evening plays out. Don't know how I'll be placing some sell limits, maybe tonight...

EU first long triggerd, lower ones didn't... no target yet.
ECad tp on first short, next target 4929, more than 100 pips to go, not likely today...
UJ: closed one short for small win, don't know about the other one, will give it 2 hours more time.
Fail better.
  • #3,703
  • Apr 4, 2014 8:47am Apr 4, 2014 8:47am
Hm, GBP/JPY is down again. So maybe I can understand this because of USD/JPY down while GBP/USD is not moving much. E/A looking really tempting but I do not know ... catching a bottom on this is dangerous.
Fix up, trade sharp ...
  • #3,704
  • Apr 4, 2014 9:40am Apr 4, 2014 9:40am
Quoting Dr.Phoenix
{quote} It is hardly possible, but if there is, it will be 3865-3885 area then. I am short form 3815. T/P is 3675-3680.

Hi, everybody.


Got it.


Hello the 3675 area on EURUSD.
Hunting High and Low
  • #3,705
  • Apr 4, 2014 10:22am Apr 4, 2014 10:22am
US indices getting hit hard. Seems much easier to trade those lately compared to forex. Although EUR weakness seems to be the move to stick to in the FX mkt.
  • #3,706
  • Apr 4, 2014 10:29am Apr 4, 2014 10:29am
Quoting Schickeria
{quote} last defense on EU for 1.3650 {image}
Hi Shick. Lovely EU short you caught there. I've been eyeing up 1.3650 as a nice area to go long although the 62 fib of the swing from feb low to march high is 10-12 pips higher so may already bounce from here..
  • #3,707
  • Apr 4, 2014 11:36am Apr 4, 2014 11:36am
Quoting LarryDarrell
UJ: closed one short for small win, don't know about the other one, will give it 2 hours more time.
the other one tp'd as well. Now waiting for next week (and a bigger screen, cannot see shit).

Have a good weekend, everybody.
Fail better.
  • #3,708
  • Apr 4, 2014 1:57pm Apr 4, 2014 1:57pm
Quoting LarryDarrell
{quote} the other one tp'd as well. Now waiting for next week (and a bigger screen, cannot see shit). Have a good weekend, everybody.
http://charts.mql5.com/4/361/euraud-d1-gkfx-fx-cfds.png

E/A to hell next week or a flight for some pips. Nice weekend all!
Fix up, trade sharp ...
  • #3,709
  • Apr 4, 2014 2:02pm Apr 4, 2014 2:02pm
Quoting USD-Bear
{quote} nice picture, might join you later
Got scared of course on a bounce and got out BE LOL. I should write the following sentence for 100 times: "I will stick to my setup, as long as there is no clear sign to exit."

That is what we have now on GBP/JPY:

http://charts.mql5.com/4/361/gbpjpy-d1-gkfx-fx-cfds.png

Maybe I can get a reasonable short on GBP/JPY next week at least. USD/JPY could also drop further, watching closely.
Fix up, trade sharp ...
  • #3,710
  • Apr 4, 2014 4:16pm Apr 4, 2014 4:16pm
Quoting Hickson
{quote} Got scared of course on a bounce and got out BE LOL. I should write the following sentence for 100 times: "I will stick to my setup, as long as there is no clear sign to exit." That is what we have now on GBP/JPY: {image} Maybe I can get a reasonable short on GBP/JPY next week at least. USD/JPY could also drop further, watching closely.
yes these thoughts crossed my mind too, it was fear bothering you I guess, your initial stop was fine.
There was no technical reason to run away, I've made these mistakes over and over, I never ever change my initial stop anymore without a strong reason.
It's a psycho thing though, next time you run away scared before stop it will be wise and leaving you uncertain what to do next....
Well missed the move too waiting for an UJ spike north which came out south, next time better
Have a nice weekend
Don't be a hero. Don't have an ego. Always question yourself
  • #3,711
  • Apr 5, 2014 1:23pm Apr 5, 2014 1:23pm
Quoting Hickson
{quote} Got scared of course on a bounce and got out BE LOL. I should write the following sentence for 100 times: "I will stick to my setup, as long as there is no clear sign to exit." That is what we have now on GBP/JPY: {image} Maybe I can get a reasonable short on GBP/JPY next week at least. USD/JPY could also drop further, watching closely.
Everything is easy and clear after the facts imagine if you had time machine LOL
  • #3,712
  • Apr 5, 2014 3:17pm Apr 5, 2014 3:17pm
Quoting Ken A
{quote} Everything is easy and clear after the facts imagine if you had time machine LOL
Then I would not worry about trading ... LOL
Fix up, trade sharp ...
  • #3,713
  • Apr 5, 2014 3:23pm Apr 5, 2014 3:23pm
Quoting USD-Bear
{quote} yes these thoughts crossed my mind too, it was fear bothering you I guess, your initial stop was fine. There was no technical reason to run away, I've made these mistakes over and over, I never ever change my initial stop anymore without a strong reason. It's a psycho thing though, next time you run away scared before stop it will be wise and leaving you uncertain what to do next.... Well missed the move too waiting for an UJ spike north which came out south, next time better Have a nice weekend
Hi bear, it is clear that with your experience you nailed it. I had a coaching with a professional trader, and he also said: "No matter what, if your order is in the market, you do NOTHING until the SL or TP is hit. Only if PA clearly turns against you." From an intellectual point of view, I think trading is not a rocket science. But it is a psycho game to be mastered for sure. He also said I should calculate at least with two years of consistent trading to be profitable. It sounds realistic. Nice Sunday!
Fix up, trade sharp ...
  • #3,714
  • Apr 6, 2014 1:00am Apr 6, 2014 1:00am
Quoting Schickeria
Good morning! EURUSD Prediction for this week. My view is correction from 3967 to the downside is a correction and don't a impuls for deeper levels. The correction down from 3967 is for me a A-B-C correction with 100% Target @ 3643 if irregular Flat with target @ 138.2% = 1.35204 and 35204 is the maximal downmove for this correction down until now. And a ABC correction is a ONE correction of more corrections. Sideways for the next weeks..... On smaler timeframe (subwaves) i see 2 ways (targets on the 2 charts) 1. Ending diagonal 2. WXYXZ correction...
Good morning!

Weekly prognosis hit with a 10 Pip difference as i have predicted.
  • #3,715
  • Apr 6, 2014 1:26am Apr 6, 2014 1:26am
Quoting infinitus
{quote} Leading diagonal.......
Ending diagonal or abc correction counting both right atm. That doesn't matter now. But if they are counting a ending diagonal we should see now a bigger A-B-C correction
down to 3376. And B = 3853 61.8% should be reversal point to 3376.

And my plan say that will not happen - and ew.com is wrong from my side. WE WILL SEE the next weeks. Would be nice what they predict for the next 2-3 weekls if they are counging a leading diagnal here.

For me is the move from 3967 a CLEAR A-B-C Flat (5-3-5) and nothing else. And ABC Flats are corrective moves of a trend and we should go higher to 1.4xxx, after one more correction after ABC-Flat (abc flat is ONE correction of MORE corrections of a trend).

whole EURUSD is A-B-C correction and i can't count nothing with 1-2-3-4-5 since last year on higher timeframes Daily or Weekly. Also i can not see a series of 1-2 moves.

Sorry for no posting charts i don't sit in my office. Schickeria is sailing in Croatia with his friends (echter Männerausflug mit Bier etc.)

Regards

Schickeria!
  • #3,716
  • Apr 6, 2014 1:45am Apr 6, 2014 1:45am
Quoting Schickeria
has anyone ever noticed that the market rates often do not match from yesterday market rates. Yesterday FXCM highest high was on DAX 9646 and i opened today the chart and FXCM show me 9648 as highest high. How can that be ???
@ Jason Roger

All timefremes show me 9648 one day later as a highest high. That is one more reason for me to don't to use FXCM data feed or FXCM as a trading desk.
  • #3,717
  • Apr 6, 2014 7:48am Apr 6, 2014 7:48am
Quoting Schickeria
{quote} Ending diagonal or abc correction counting both right atm. That doesn't matter now. But if they are counting a ending diagonal we should see now a bigger A-B-C correction down to 3376. And B = 3853 61.8% should be reversal point to 3376. And my plan say that will not happen - and ew.com is wrong from my side. WE WILL SEE the next weeks. Would be nice what they predict for the next 2-3 weekls if they are counging a leading diagnal here. For me is the move from 3967 a CLEAR A-B-C Flat (5-3-5) and nothing else. And ABC Flats are...

An ABC-flat can stand for itself - no need for a more complex count


series of 1-2 moves are equally to abc-x-abc-x-abc. So they are visible everywhere. Only question is: is it more probable to count double or triple zigzag, or is it probable to count impulse or leading diagonal? Only time will tell. It is a pure reflection of indecision. And markets at turning points, especially huge turning points show this indecision frequently.......
  • #3,718
  • Apr 6, 2014 7:55am Apr 6, 2014 7:55am
Quoting Schickeria
{quote} @ Jason Roger All timefremes show me 9648 one day later as a highest high. That is one more reason for me to don't to use FXCM data feed or FXCM as a trading desk.
If you cannot even trade with FXCM, the question is which broker can be used. Alpari etc. not, that is for sure.
Fix up, trade sharp ...
  • #3,719
  • Apr 6, 2014 9:19am Apr 6, 2014 9:19am
Hi Schick

You still looking for 1,3643.

I don't think we're quite finished yet, at least that's what I'm anticipating. I have a monthly support lvl at 1.3635 which also happens to tie-in well with 2 fib extension lvls. [127.2% .3967/3701 & 138.2% .3874/.3701]. In addition, I wasn't really be encouraged by last week's candle close, to think about taking a long here. Still short biased, I'll be looking to short on a rejection around 1.374 or 1.376. GU around 1.6624

GL traders with your trading
  • #3,720
  • Apr 6, 2014 2:17pm Apr 6, 2014 2:17pm
shortterm, monday / tuesday

15min TF - dimond fever, looking for 1.3752
Attached Image (click to enlarge)
Click to Enlarge Name: diamond.PNG Size: 14 KB
just do it
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