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  • #900,401
  • May 23, 2014 6:01am May 23, 2014 6:01am
S/O last night's 2 longs.

Trying two shorts on my DEMO account, both with S/L on 1.3634.

1.- Going for 1.3561 which is next previous suppport zone and 125% point.

2.- Going for 1.3480, above next target and support zone.
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  • #900,402
  • May 23, 2014 6:01am May 23, 2014 6:01am
Quoting MaxDoom
{quote} new low, entry made, now looking for 3600 test before 3580
took a long here. if its going to break down it has to close below 20 ....i am skeptical of EU economy picking up anytime now . i see price over streched at 20 abit here... looking at a drop from UJ to bring up Euro..
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  • #900,403
  • May 23, 2014 6:07am May 23, 2014 6:07am
Quoting gatorinla
{quote} reality, its a nation on a volcano manufacturing w/o a domestic energy source. an aging population living on seaweed whose owes in interest its entire gdp.


that is the best summary I have read so far
  • #900,404
  • May 23, 2014 6:11am May 23, 2014 6:11am
Quoting MaxDoom
{quote} new low, entry made, now looking for 3600 test before 3580

Hhhmmm, I object... Watching 1.3628 and then 1.3670s here... You made enough money with those shorts. Enough...
  • #900,405
  • May 23, 2014 6:12am May 23, 2014 6:12am
Quoting Magicmen
Looks like my initial saying come true. Anyway, I am flat because I am disturbed. {image}
i have 92 also,, 3634 to 3592 has 3613.5 in the middle. i considered this to 3661. on my hands w/o some little evidence
those who can, do. those who cant, talk about those who can
  • #900,406
  • May 23, 2014 6:15am May 23, 2014 6:15am
too many assumptions that EU is going below 1.36 .. why exactly that strong bias from everyone here ?? who remembers this weekly trendline that "used" to be a resistance ?? i think we are on a retest now; of previous resistance becoming a support.. (2nd time btw)
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K.I.S.S.
  • #900,407
  • May 23, 2014 6:21am May 23, 2014 6:21am
Quoting MaxDoom
{quote} new low, entry made, now looking for 3600 test before 3580
Me too, but it could be good only if some computers forex programs stop playing and could follow because we are playing in no sense range making new short at -11 pips.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #900,408
  • May 23, 2014 6:27am May 23, 2014 6:27am
Quoting pytaz
{quote} Just closed short manually and go for long at 1.3646 sl 1.3615 tp1 1.4039 tp2 1.4233
Still on long, just increased sl to 1.3585 For a while, till we reach and break 1.3660, after that my sl gonna be at today's low
(It's not an advise, use your own head..)
  • #900,409
  • May 23, 2014 6:36am May 23, 2014 6:36am
Quoting Alki
{quote} Me too, but it could be good only if some computers forex programs stop playing and could follow because we are playing in no sense range making new short at -11 pips.
Closed new short added.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #900,410
  • May 23, 2014 6:37am May 23, 2014 6:37am
Short 1.3600
TP 1.3172

Long 1.3200
SL 1.1500
TP 1.3000
  • #900,411
  • May 23, 2014 6:43am May 23, 2014 6:43am
Quoting Alki
{quote} Closed new short added.
The time that even trader has to be calm what ever happen but got angry with this market manipulation: makes new low then go back higher. Like a thief behind this manipulation.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #900,412
  • May 23, 2014 6:44am May 23, 2014 6:44am

green line is the mid point of this blue something...
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f(z)=z2+c
  • #900,413
  • May 23, 2014 6:45am May 23, 2014 6:45am
Quoting Alki
{quote} The time that even trader has to be calm what ever happen but got angry with this market manipulation: makes new low then go back higher. Like a thief behind this manipulation.
That is called a trade set-up...
  • #900,414
  • May 23, 2014 6:47am May 23, 2014 6:47am
Ok, obviously I'm getting the hang of it... in the reverse way
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  • #900,415
  • May 23, 2014 6:53am May 23, 2014 6:53am
Quoting Alki
{quote} The time that even trader has to be calm what ever happen but got angry with this market manipulation: makes new low then go back higher. Like a thief behind this manipulation.
Call it a retrace, call it a false breakout, call it whatever you want. You will see this everyday... Manipulation? This is actually what a lot of people here trade...
  • #900,416
  • May 23, 2014 7:00am May 23, 2014 7:00am
Quoting RomanBubenik
Short 1.3600 TP 1.3172 Long 1.3200 SL 1.1500 TP 1.3000
You mean that you are long at 1.32 and your TP will be at 1.3? What strategy do you use?
  • #900,417
  • May 23, 2014 7:05am May 23, 2014 7:05am
Quoting Larshw
{quote} Call it a retrace, call it a false breakout, call it whatever you want. You will see this everyday... Manipulation? This is actually what a lot of people here trade...
Yeah, the market always moves in the opposite direction that everyone is thinking...

Now, everybody is saying "EURUSD is going under 1.36", and EURUSD starts to rise...

Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #900,418
  • May 23, 2014 7:05am May 23, 2014 7:05am
...And stopped out. DEMO account.

It has then reversed down. If it holds down, I may learn something from failure... wait for the retracement.

Time to short again or not?
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  • #900,419
  • May 23, 2014 7:08am May 23, 2014 7:08am
Quoting xau
{quote} You mean that you are long at 1.32 and your TP will be at 1.3? What strategy do you use?


Sl is not bad too, just 1700 pips
(It's not an advise, use your own head..)
  • #900,420
  • May 23, 2014 7:09am May 23, 2014 7:09am
taking profits maybe? Friday after all
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