{quote} Just got 120 pips on a long with that. There is momentum there still. {image} {image}
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
Price Action and Trading Discussion
- #4,981
- Apr 23, 2014 4:19am Apr 23, 2014 4:19am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
{quote} What's your entry criteria for the two trades? yes price is on a former R/S zone, but what's your trigger?
maybe there's any opinion from members here.. thanks
{quote} I think gbpaud will carry on up. Long term trend is now up. Just got 120 pips on a long with that. There is momentum there still. {image} {image}
. Still learning here.Im just curious, do you consider the 1.8125 area on Weekly chart as resistance area ? if yes, how do you manage your long trade?
Thanks..
- #4,984
- Apr 23, 2014 6:11am Apr 23, 2014 6:11am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
Thanks DarkWolf.
I would wait to see what the close is today. If today is a pin bar, it might be worth a shot, but the weekly trend is going up. Good luck 
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{quote} Hallo Danny, for USDSGD i'm taking sell stop based on this 2 bar reversal on H4. Targeting half at 1.2510 and half at 1.2460. just my 2 cents..
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- #4,985
- Apr 23, 2014 6:20am Apr 23, 2014 6:20am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- #4,986
- Apr 23, 2014 6:38am Apr 23, 2014 6:38am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
{quote} great pips, Jen
. I got out before then. Good enough reason for getting out, but not in, lol. I just use 1:1 and make sure that gives me enough SL, that's all.
- #4,988
- Apr 23, 2014 11:55am Apr 23, 2014 11:55am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
For the brave, it might be worth shorting the Euro tonight. Draghi is going to talk it down again tomorrow, but then again, everyone might just ignore him 
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- #4,989
- Apr 24, 2014 3:48am Apr 24, 2014 3:48am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
For the brave, it might be worth shorting the Euro tonight. Draghi is going to talk it down again tomorrow, but then again, everyone might just ignore him
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- #4,990
- Apr 25, 2014 12:18pm Apr 25, 2014 12:18pm
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
Gosh it's quiet. I've a trade that's been going for 8 days and it seems to be stuck in a 10 pip range. I'm only after 50 measly pips and determined not to get pissed off and bail out 
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There's great PA on some of the Euro pairs, but I'm too cowardly to buy Euro. Eurcad hasn't moved much since that bullish engulfing candle on the weekly, which implies it's due a big move soon...
.There's great PA on some of the Euro pairs, but I'm too cowardly to buy Euro. Eurcad hasn't moved much since that bullish engulfing candle on the weekly, which implies it's due a big move soon...
- #4,995
- Apr 30, 2014 2:30am Apr 30, 2014 2:30am
- Joined Oct 2009 | Status: Trader | 1,023 Posts
It is nice wedge formed on GJ:
- #4,996
- Apr 30, 2014 8:36am Apr 30, 2014 8:36am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
There's great PA on some of the Euro pairs, but I'm too cowardly to buy Euro. Eurcad hasn't moved much since that bullish engulfing candle on the weekly, which implies it's due a big move soon... {image}
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- #4,997
- Apr 30, 2014 9:28am Apr 30, 2014 9:28am
- Joined May 2013 | Status: Trader | 1,997 Posts
{quote} I've decided Draghi is just full of hot air
Passion, Persist, Patience, Protect
- #4,998
- Apr 30, 2014 9:32am Apr 30, 2014 9:32am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
{quote} stop your love affair with the guy, will ya.. lol
- #4,999
- May 2, 2014 9:36pm May 2, 2014 9:36pm
- | Joined Apr 2014 | Status: Trader | 1,093 Posts
It has been a great Bullish Ride for the major World Indexes, but it seems a correction shall occur during the coming week.
Do you agree with this view?
Have a nice weekend.
Regards,
P.Silva
Do you agree with this view?
Have a nice weekend.
Regards,
P.Silva
- #5,000
- May 3, 2014 4:51am May 3, 2014 4:51am
- | Membership Revoked | Joined Aug 2012 | 5,371 Posts
{quote} I've decided Draghi is just full of hot air
. I don't usually set BE nowadays, but I did here as I wanted to use the risk on something else. It then reversed and is well on the way to my original target now.I know many were surprised yesterday at the inability of the USD to remain bullish after NFP. Well, I had cadjpy short open and believed that it could survive NFP. What I hadn't bargained for, was getting screwed by my broker. The spread must have risen to over 20 to take out that trade!
