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  • #927,401
  • Oct 1, 2014 11:43pm Oct 1, 2014 11:43pm
Quoting sanvulture
{quote} u should have waited at least until LON open.. there's always a chance for some euro sell-off..

the only song that comes to my mind right now

Inserted Video
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #927,402
  • Oct 1, 2014 11:46pm Oct 1, 2014 11:46pm
sell 1.264, tp 1.204
  • #927,403
  • Oct 1, 2014 11:48pm Oct 1, 2014 11:48pm
Quoting MickeyBlue
{quote} here we go..
I was waiting.....stop to entry
Attached Image
  • #927,404
  • Oct 1, 2014 11:50pm Oct 1, 2014 11:50pm
Quoting deylon
{quote} the only song that comes to my mind right now http://www.youtube.com/watch?v=ErvgV4P6Fzc
what should come to ur mind is how to make money, not songs..
Dont trade like me..
  • #927,405
  • Oct 1, 2014 11:52pm Oct 1, 2014 11:52pm
my 4hr Chart below according to my interpretation...Main Trend is still intact and as such i will hold my current shorts and re-enter when my method tells me.

I hope no one is offended by my interpretation and charts

Attached Image
  • #927,406
  • Oct 1, 2014 11:54pm Oct 1, 2014 11:54pm
Quoting sunshine
my 4hr Chart below according to my interpretation...Main Trend is still intact and as such i will hold my current shorts and re-enter when my method tells me. I hope no one is offended by my interpretation and charts {image}
H4 closes in 2 hours and your chart takes it as it is now, down at 2622...but if it closes above 2640, or even better 2646, then a new high might be next.
Everyone can see the chart, but only a few can actually read it.
  • #927,407
  • Oct 2, 2014 12:03am Oct 2, 2014 12:03am
Pending long at 2615
  • #927,408
  • Oct 2, 2014 12:04am Oct 2, 2014 12:04am
Quoting sanvulture
{quote} what should come to ur mind is how to make money, not songs..
haha...each one to his own
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #927,409
  • Oct 2, 2014 12:07am Oct 2, 2014 12:07am
Good morning,

The Spanish Unemployment Change was kinda funny, I guess they really wanted to look good for this one and set the "forecast" in such a way that not even them could screw the pooch on this one
Why sell the bottoms when you can buy the tops...
  • #927,410
  • Oct 2, 2014 12:09am Oct 2, 2014 12:09am
Quoting deylon
{quote} yea, that keep happening all the time... the very second i ext for a minor loss...price moves in favor...i wonder how the hell it happens every single time... and also if i think okay i wont accept this loss and wait for reversal... it just falls deeper and against me... Strange this stuff is....
stops too tight is bad

stops too lose is bad

(so for most traders, we need to work over time our strategies that allow us to be consistently profitable over months and months.. then you have somewhere to start building something big.)

Good luck,
  • #927,411
  • Oct 2, 2014 12:12am Oct 2, 2014 12:12am
Quoting 2012mysterio
{quote} stops too tight is bad
SL need to make a sence, just going short/long and setting up a SL of 5-10 pips makes no sense. But being around some barrier, which couldn't be broken for hours, for example, or even better 2-3 following sessions, thats a perfect place to set a SL above/under, the closer the actual price is, the better. Many times "London fix" is a perfect SL place...like yesterday 2635 was a perfect SL for shorts...today after EU session close, 2590 for longs.
Everyone can see the chart, but only a few can actually read it.
  • #927,412
  • Oct 2, 2014 12:21am Oct 2, 2014 12:21am
If we brake 2615 then 2590 is the next target...again.
Why sell the bottoms when you can buy the tops...
  • #927,413
  • Oct 2, 2014 12:22am Oct 2, 2014 12:22am
Quoting Magicmen
Pending long at 2615
good call.

R y In?
  • #927,414
  • Oct 2, 2014 12:23am Oct 2, 2014 12:23am
Quoting OnlineAddict
{quote} SL need to make a sence, just going short/long and setting up a SL of 5-10 pips makes no sense. But being around some barrier, which couldn't be broken for hours, for example, or even better 2-3 following sessions, thats a perfect place to set a SL above/under, the closer the actual price is, the better. Many times "London fix" is a perfect SL place...like yesterday 2635 was a perfect SL for shorts...today after EU session close, 2590 for longs.
That is true. One needs to place stops where the trade has the highest probability of success.
It can be 15 pips away, or 150 pips away. All depends on the setup.
  • #927,415
  • Oct 2, 2014 12:24am Oct 2, 2014 12:24am
Quoting JustAndy
If we brake 2615 then 2590 is the next target...again.
We have probably seen pre-ECB low...in a few hours no rules will apply, anyway, the moves will be too strong to care about some support/resistance numbers.
Everyone can see the chart, but only a few can actually read it.
  • #927,416
  • Oct 2, 2014 12:27am Oct 2, 2014 12:27am
Quoting OnlineAddict
{quote} We have probably seen pre-ECB low...in a few hours no rules will apply, anyway, the moves will be too strong to care about some support/resistance numbers.
That's in 5 hours...you could still squeeze a dozen of pips if you have the nerves
Why sell the bottoms when you can buy the tops...
  • #927,417
  • Oct 2, 2014 12:35am Oct 2, 2014 12:35am
Quoting JustAndy
{quote} That's in 5 hours...you could still squeeze a dozen of pips if you have the nerves
4 hours...I will try to trade GU until then...after the news.
Everyone can see the chart, but only a few can actually read it.
  • #927,418
  • Oct 2, 2014 12:40am Oct 2, 2014 12:40am
Euro showing intentions for 1.28..
but 1.2550's should be tested at some point, so after 1.28 or from current levels.. Playing long side around 1.2610
69
  • #927,419
  • Oct 2, 2014 12:40am Oct 2, 2014 12:40am
its very difficult to decide an entry level.

s it okay to short at 1.26240 with SL 1.26340 ?
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #927,420
  • Oct 2, 2014 1:00am Oct 2, 2014 1:00am
Quoting deylon
its very difficult to decide an entry level. s it okay to short at 1.26240 with SL 1.26340 ?
you need to go read my post again....
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