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Price Action and Trading Discussion

  • #5,101
  • May 8, 2014 7:39am May 8, 2014 7:39am
What crazy crap is going on with the euro?! What is Draghi saying?
  • #5,102
  • May 8, 2014 7:48am May 8, 2014 7:48am
Quoting FXEmpire
I got these couple trades going prior to major news coming.. I am hoping for the pound to take off for the gbpcad long.. where is everyone!!.. sitting on the hand mode, lol.. it's probably wise.. {image} {image}
whatever this clown said worked out on my audchf short trade.. banked +40.. cant trust it to sustain.
Attached Image (click to enlarge)
Click to Enlarge Name: audchf.ih1.png Size: 68 KB
Passion, Persist, Patience, Protect
  • #5,103
  • May 8, 2014 7:48am May 8, 2014 7:48am
Quoting jen101
{quote} Thanks {quote} It's clearer on the daily. Area of supply and support / resistance. Plus bonus 38.2 fib. {image}

Good catch, Came right up in a perfect bullish retrace and hit the 38.2 fib line now has continued the major trend. Nice Trade!

http://screencast.com/t/zBrdKbiQ
  • #5,104
  • May 8, 2014 7:49am May 8, 2014 7:49am
Quoting jen101
What crazy crap is going on with the euro?! What is Draghi saying?
Where are you short from?

http://theideaskitchen.co.uk/wp-cont...-of-wine11.jpg
  • #5,105
  • May 8, 2014 7:51am May 8, 2014 7:51am
$GBPNZD at an area on the 1hr http://screencast.com/t/N8qV1A1YNNV
  • #5,106
  • May 8, 2014 7:55am May 8, 2014 7:55am
Quoting GDR3k
{quote} Where are you short from? {image}
Thank you. WAS short from 1.39229. And I did a dumb thing, widened my stop in anticipation that things might get a little wild.

See it dropping now, think it's going to hit my original target .

Quoting njodogg
{quote} Good catch, Came right up in a perfect bullish retrace and hit the 38.2 fib line now has continued the major trend. Nice Trade! http://screencast.com/t/zBrdKbiQ
I should stick to the nice safe ones!
  • #5,107
  • May 8, 2014 8:00am May 8, 2014 8:00am
$GBPUSD http://screencast.com/t/FXawY2aV
  • #5,108
  • May 8, 2014 8:03am May 8, 2014 8:03am
Quoting jen101
{quote} Thank you. WAS short from 1.39229. And I did a dumb thing, widened my stop in anticipation that things might get a little wild. See it dropping now, think it's going to hit my original target . {quote} I should stick to the nice safe ones!

Did you trade your plan? If not then keep crying... Will direct you to possibly the best post I've ever read on this forum in a minute (when I find it)

Inserted Video
Howlin' at the Moon on the Roof
  • #5,109
  • May 8, 2014 8:04am May 8, 2014 8:04am
Quoting jen101
{quote} Shit. I.
.. Well I never profanities will get you no where .. Indeed
Howlin' at the Moon on the Roof
  • #5,110
  • May 8, 2014 8:06am May 8, 2014 8:06am
Quoting Wolf_Wicked
{quote} Did you trade your plan? If not then keep crying... Will direct you to possibly the best post I've ever read on this forum in a minute (when I find it) https://www.youtube.com/watch?v=NHOf3s70w-c
Here ya go... And everyone else.. Read this.. internalize this... Know this

http://www.forexfactory.com/showthread.php?t=196702

Gold
Howlin' at the Moon on the Roof
  • #5,111
  • May 8, 2014 8:20am May 8, 2014 8:20am
Quoting FXEmpire
{quote} whatever this clown said worked out on my audchf short trade.. banked +40.. cant trust it to sustain. {image}

unreal stuff lately.. same type action when NFP was released last week.
the marked comment is the only reason I exited this trade otherwise I keep usually..


jenny I am happy for you.. I am just not sure from your earlier post.. are you still in this trade or the shadow kicked you out?
Attached Image (click to enlarge)
Click to Enlarge Name: audchf.ih1.png Size: 67 KB
Passion, Persist, Patience, Protect
  • #5,112
  • May 8, 2014 8:31am May 8, 2014 8:31am
Quoting Wolf_Wicked
{quote} Here ya go... And everyone else.. Read this.. internalize this... Know this http://www.forexfactory.com/showthread.php?t=196702 Gold

wolf man how long have you been trading?
Passion, Persist, Patience, Protect
  • #5,113
  • May 8, 2014 8:36am May 8, 2014 8:36am
Quoting FXEmpire
{quote} wolf man how long have you been trading?
Since about 3 months before the crash in 2008 so 6th year I think
Howlin' at the Moon on the Roof
  • #5,114
  • May 8, 2014 8:53am May 8, 2014 8:53am
Quoting FXEmpire
{quote} unreal stuff lately.. same type action when NFP was released last week. the marked comment is the only reason I exited this trade otherwise I keep usually.. jenny I am happy for you.. I am just not sure from your earlier post.. are you still in this trade or the shadow kicked you out? {image}
I got taken out by the spike. It's now past my target.
  • #5,115
  • May 8, 2014 9:01am May 8, 2014 9:01am
Quoting jen101
{quote} I got taken out by the spike. It's now past my target.

ouchh sorry to hear. now leak you wound and move on.. you'll get'em the next time.. that's the best way to deal with a bad loss, like it did not happen.


I told you this dragie love affair of your is no good.. lol
Passion, Persist, Patience, Protect
  • #5,116
  • May 8, 2014 3:52pm May 8, 2014 3:52pm
Was Away most of the day, glad to see this is starting to move.

$GBPUSD http://screencast.com/t/KUWJVFClOWfZ
  • #5,117
  • May 8, 2014 4:12pm May 8, 2014 4:12pm
Quoting FXEmpire
{quote} ouchh sorry to hear. now leak you wound and move on.. you'll get'em the next time.. that's the best way to deal with a bad loss, like it did not happen. I told you this dragie love affair of your is no good.. lol
It might not have been Draghi's fault. I think the big boys knew they had to dump a load of euros so they only provided themselves with a bit of liquidity.
  • #5,118
  • May 8, 2014 8:23pm May 8, 2014 8:23pm
$GBPUSD update http://screencast.com/t/bRsocC2Lws
  • #5,119
  • May 9, 2014 12:14am May 9, 2014 12:14am
Quoting njodogg
$GBPUSD update http://screencast.com/t/bRsocC2Lws

nice little video there bro.. is that really you yourself talking?
Passion, Persist, Patience, Protect
  • #5,120
  • May 9, 2014 12:52am May 9, 2014 12:52am
Got this gj long floating currently, set the tp above resistant for +90 but I be happy with 60 if it hesitates too much. This is off the recent sup turning into nice level with multiple touches, I already took some profit from it earlier this week.. its looking good this am a lot remains to be seen though.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.ih1.png Size: 73 KB
Passion, Persist, Patience, Protect
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