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  • #20,301
  • Dec 8, 2014 5:55am Dec 8, 2014 5:55am
EU, refer at your own risk.
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  • #20,302
  • Dec 8, 2014 6:11am Dec 8, 2014 6:11am
Thanks for active setups guys. We should see some correction. Still need to see NY open.
  • #20,303
  • Dec 8, 2014 7:11am Dec 8, 2014 7:11am
GBPUSD is in bearish trend and today we see a nice retracement. POC stands around 5640-5650. Inner trendline (red ), intraweek trend line (blue) , fibs and H4 are making a confluence. In order for 5500 to be hit 5700 should not be broken.

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  • #20,304
  • Dec 8, 2014 8:44am Dec 8, 2014 8:44am
Quoting aleksfx
NZD/CAD Continuation triangle in play 01.12.2014 Nice opportunity to be short in the direction of the prevailing trend with good RR. Going short here with 0.90180 SL and long term profit target 0.84000 {image}
Adding more on triangle break.
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  • #20,305
  • Dec 8, 2014 10:50am Dec 8, 2014 10:50am
Quoting aleksfx
{quote} Adding more on triangle break. {image}
Very nice Aleks! Thats actually so called "running triangle" but it can be traded too.
  • #20,306
  • Dec 8, 2014 11:22am Dec 8, 2014 11:22am
A small and speedy short on GBPCHF before webinar. Closed because dont want to stay in trade at night.
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  • #20,307
  • Dec 8, 2014 12:03pm Dec 8, 2014 12:03pm
Hi T,

I was talking about this triangle break and currently retest the trendline.
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  • #20,308
  • Dec 8, 2014 12:09pm Dec 8, 2014 12:09pm
eur usd 8 pibs could more but as truck driver don´t get time to manege stop loss
Scalping
  • #20,309
  • Dec 8, 2014 12:12pm Dec 8, 2014 12:12pm
Quoting kalyan
A small and speedy short on GBPCHF before webinar. Closed because dont want to stay in trade at night. {image}
Quoting AdrianYeap
Hi T, I was talking about this triangle break and currently retest the trendline. {image}
Great examples of Price Action. Well done guys!

Quoting guguxpto
eur usd 8 pibs could more but as truck driver don´t get time to manege stop loss
Truck driver 8 by 8..You are multiplying your pip count. 8 pip scalps are justified as long as you keep it under small risk.
  • #20,310
  • Dec 8, 2014 1:16pm Dec 8, 2014 1:16pm
The entries suggested in the recap have been reached for the cable and yen, as I recall. Shall we dance?
  • #20,311
  • Dec 8, 2014 7:36pm Dec 8, 2014 7:36pm
Hello Traders

I am making my post here to say Hello. I think I will trade EUR/USD from the long side. Which do you think might come first ? 1.2500 or 121.00 ? US Dollar Index is near Strong Resistance at 90 so will it break or sell off ? Interesting times. Nice to post here.
  • #20,312
  • Dec 9, 2014 3:35am Dec 9, 2014 3:35am
Quoting GoldenCaviar
The entries suggested in the recap have been reached for the cable and yen, as I recall. Shall we dance?
Yes nice pips from yesterday's recap. Will make a summary now.
  • #20,313
  • Dec 9, 2014 3:54am Dec 9, 2014 3:54am
EURUSD +50, USDJPY +70, GBPUSD closed for 15.
  • #20,314
  • Dec 9, 2014 4:00am Dec 9, 2014 4:00am
Quoting BenjaminIs
Hello Traders I am making my post here to say Hello. I think I will trade EUR/USD from the long side. Which do you think might come first ? 1.2500 or 121.00 ? US Dollar Index is near Strong Resistance at 90 so will it break or sell off ? Interesting times. Nice to post here.
Hello and welcome. It will be seen. Be patient and learn from this thread.
  • #20,315
  • Dec 9, 2014 4:18am Dec 9, 2014 4:18am
Quoting bolehbah69
EU, refer at your own risk. {image}
+50
  • #20,316
  • Dec 9, 2014 4:44am Dec 9, 2014 4:44am
Quoting bolehbah69
{quote} +50
  • #20,317
  • Dec 9, 2014 5:18am Dec 9, 2014 5:18am
What do you think about this region? its daily 23 fib and downside 61 fib. big place of confluence and, 100 psychological level. if it will come back I would like to sell around here. And it looks good -27.2 fib to put tp. What do you think? BTW thank you Mr. Nenad for yesterday's trading advices. +50 pips for me SUPER!
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  • #20,318
  • Dec 9, 2014 5:53am Dec 9, 2014 5:53am
Quoting justiniuxas
What do you think about this region? its daily 23 fib and downside 61 fib. big place of confluence and, 100 psychological level. if it will come back I would like to sell around here. And it looks good -27.2 fib to put tp. What do you think? BTW thank you Mr. Nenad for yesterday's trading advices. +50 pips for me SUPER! {image}
Looks like a good zone for a fresh sell. You are welcome! I am glad you made money!
  • #20,319
  • Dec 9, 2014 7:07am Dec 9, 2014 7:07am
Quoting T@rantula
{quote} Yes nice pips from yesterday's recap. Will make a summary now.
Too bad, I didn't have TS on the MT4 for Android to take the profit at night. Still having GBP open.
  • #20,320
  • Dec 9, 2014 7:30am Dec 9, 2014 7:30am
Quoting GoldenCaviar
{quote} Too bad, I didn't have TS on the MT4 for Android to take the profit at night. Still having GBP open.
i closed GBP for +15. Leave your mobile phone close to you, just in case. EURUSD went 50 pips in profit before reversing.
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