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EURUSD

  • #958,741
  • Feb 9, 2015 7:56am Feb 9, 2015 7:56am
Bought UCAD 245 targeting 8-10 pips.
  • #958,742
  • Feb 9, 2015 8:01am Feb 9, 2015 8:01am
Quoting infinitus
{quote} EU around 1395 may be an ideal place to short it seems, that the NFP spike down has ended with an ending diagonal. The following retracement oftentimes retraces exactly that diagonal. And that would be around 1395 But pressure seems to be high to the downside. So maybe we go only sideways in order to drop into the 1270-1260 support zone

got that......
  • #958,743
  • Feb 9, 2015 8:05am Feb 9, 2015 8:05am
Quoting janpec1000
Bought UCAD 245 targeting 8-10 pips.
TPed.
  • #958,744
  • Feb 9, 2015 8:24am Feb 9, 2015 8:24am
Damn, short it at the wrong time.
Already losing -100 pips. Should i close it now to avoid further losses or should i give it a run for another 20 minutes to cover the losses?
Any suggestion?

:/

btw, new guy here ~ sup
  • #958,745
  • Feb 9, 2015 8:26am Feb 9, 2015 8:26am
Imo, aren't we looking a double top, tangling at the neck at the moment? Waiting to break that 1260 and further to 1140? It would make a nice double bottom with the recent low and then take it back to 1.2 in the long run?
  • #958,746
  • Feb 9, 2015 8:41am Feb 9, 2015 8:41am
Quoting ErickEST
Imo, aren't we looking a double top, tangling at the neck at the moment? Waiting to break that 1260 and further to 1140? It would make a nice double bottom with the recent low and then take it back to 1.2 in the long run?
yh i am also looking fo it....bt we cant tell exactly yet...will see..hope it will double bottm,,,
you mean 1.2???????????
  • #958,747
  • Feb 9, 2015 8:48am Feb 9, 2015 8:48am
First target 1.1540.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30 10Feb15.png Size: 36 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #958,748
  • Feb 9, 2015 8:49am Feb 9, 2015 8:49am
Quoting sisse
{quote} Yeap now i agree. NY refused to play ball and lost 1.132x again after lots of noise from Greece keep flooding the wires (this time suddenly they announced a surprise surplus in the budget [go figure !!!] that allow them to comply with the ECB/IMF targets before th deadline ...basically noise) . We are up for a deeper retrace intraday... lots of air in between. Intraday 1.138x naked, 1.142x opened now, 1.147x marginally open. sisse
a possible bounce at 1308/14 up to low w/o a LL.. and 1448/24 may be considered... dont take that as me being bullish... the opposite is true.. anyway it fits with norm 1418/1533
those who can, do. those who cant, talk about those who can
  • #958,749
  • Feb 9, 2015 8:51am Feb 9, 2015 8:51am
Quoting kanchmadush
{quote} yh i am also looking fo it....bt we cant tell exactly yet...will see..hope it will double bottm,,, you mean 1.2???????????
Yes, I mean 1.2xxx. But I'd say that's a long and crooked shot. My chart tells me that's a nice target, also a psychological level, right?
  • #958,750
  • Edited 9:23am Feb 9, 2015 8:55am | Edited 9:23am
Quoting skyhok
First target 1.1540. {image}
I dont see it going that high but up move from where we is good possible and gona trade on it. In fact 318 is where this up leg might start from.

UJ looks like up move could be building from here:
http://prntscr.com/631m2p
  • #958,751
  • Feb 9, 2015 9:23am Feb 9, 2015 9:23am
1315 holding, we will go up now...during asian we maybe re-test 1315-25 again and possibly go over 1400 tomorrow. If you don't like it, don't trade it.
Everyone can see the chart, but only a few can actually read it.
  • #958,752
  • Feb 9, 2015 9:45am Feb 9, 2015 9:45am
Quoting OnlineAddict
1315 holding, we will go up now...during asian we maybe re-test 1315-25 again and possibly go over 1400 tomorrow. If you don't like it, don't trade it.
I like it and i am trading it, though not targeting TP on 4000, just taking on bumps.
  • #958,753
  • Feb 9, 2015 9:47am Feb 9, 2015 9:47am
Quoting janpec1000
{quote} I like it and i am trading it, though not targeting TP on 4000, just taking on bumps.
I am not fixated on 1400 either, I will take any long spike we get to secure some 50 pips or more.
Everyone can see the chart, but only a few can actually read it.
  • #958,754
  • Feb 9, 2015 9:48am Feb 9, 2015 9:48am
Quoting OnlineAddict
{quote} I am not fixated on 1400 either, I will take any long spike we get to secure some 50 pips or more.
So, ready to go long ? Wish you luck. Wish me too.
Intraday only.
  • #958,755
  • Feb 9, 2015 9:51am Feb 9, 2015 9:51am
Quoting navk
{quote} So, ready to go long ? Wish you luck. Wish me too.
Still waiting, I entered at 1316, then price moved away by 9 pips, so I set the SL to BE, came back to the computer and it was hit...LOL. So waiting for another chance close to 1320 or lower to go long and then just wait it out.
Everyone can see the chart, but only a few can actually read it.
  • #958,756
  • Feb 9, 2015 9:51am Feb 9, 2015 9:51am
Quoting navk
{quote} So, ready to go long ? Wish you luck. Wish me too.
Have a pending LONG EU at 1.13200 Target 1.13980
A good trader follows his rules, but great trader knows when to break them
  • #958,757
  • Feb 9, 2015 9:55am Feb 9, 2015 9:55am
All trader on this page will be on FXTYRANTS Ignored list
A good trader follows his rules, but great trader knows when to break them
  • #958,758
  • Feb 9, 2015 9:55am Feb 9, 2015 9:55am
Quoting OnlineAddict
{quote} Still waiting, I entered at 1316, then price moved away by 9 pips, so I set the SL to BE, came back to the computer and it was hit...LOL. So waiting for another chance close to 1320 or lower to go long and then just wait it out.
Stop should be below 1260. Otherwise will get hit.
Intraday only.
  • #958,759
  • Feb 9, 2015 9:57am Feb 9, 2015 9:57am
Quoting ill_be_back
{quote} Have a pending LONG EU at 1.13200 Target 1.13980
Target will get hit easily.
Intraday only.
  • #958,760
  • Feb 9, 2015 10:00am Feb 9, 2015 10:00am
Quoting navk
{quote} Stop should be below 1260. Otherwise will get hit.
I can't work with stops that big...so I rather wait so I enter +-10-15 pips at the "right" price.
Everyone can see the chart, but only a few can actually read it.
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