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EURUSD

  • #990,041
  • May 15, 2015 2:56pm May 15, 2015 2:56pm
Quoting Ken A
{quote} You can edit the explorer from losing to winning so no pain there Why don't you just pay FF to advertise your company instead of using fake explorer
follow the flow
  • #990,042
  • May 15, 2015 3:02pm May 15, 2015 3:02pm
Euro / Dollar continued its bullish momentum yesterday, topped at 1.1444 but closed lower at 1.1407. Trading signals remain up now to test 1.1500 - 1.1535. Immediate resistance at 1.1340 we have. A clear break below it could take price to neutral trading zone testing 1.1280 but overall I still prefer a bullish scenario at this phase and any downside pressure should now be regarded as a good opportunity for long positions.
  • #990,043
  • May 15, 2015 3:06pm May 15, 2015 3:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M5TF_Friday.png Size: 59 KB


EURUSD is having a hard time to get to my Target Level 1.15000....

I can understand the pressure, and I get it....I do believe there's still
room for more UPSIDE Potential in the next week or so... But Positive News
has to be in the side of EURUSD....

My ultimate Target is at around 1.19-1.20ish...But I refuse to hold any positions
until it gets there....I prefer to swing Trade or Day Trade from time to time...

During the Weekend, I will provide some Chart work for those of you that are
willing to compare notes and learn from each other....

This Market is RUTHLESS, and it will expose US if we are not willing to listen, and react
accordingly!!!

Have a Great Weekend Gangs!!!
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #990,044
  • May 15, 2015 3:08pm May 15, 2015 3:08pm
Quoting tomas.v
I was hit by stop out today, so according to my predictions trend should reverse now, EURUSD now can go down
Is your account real ?
  • #990,045
  • May 15, 2015 3:13pm May 15, 2015 3:13pm
Quoting Ken A
{quote} Yes could be aren't you short
Whats your Target
A good trader follows his rules, but great trader knows when to break them
  • #990,046
  • May 15, 2015 3:14pm May 15, 2015 3:14pm
Quoting kuroro001
{quote} What God has to do with it ? Did you see him ? Is he good looking ? And yes trading 10 dollars or 100k makes a lot of difference. If you don't know the difference, market will tell you very soon
All I do, I acknowledge God and he has always directed my path. So, if you think you are not in good relationship with God, it is high time , you redirected your ways.
  • #990,047
  • May 15, 2015 3:20pm May 15, 2015 3:20pm
Quoting rjngh2005
{quote} Palinco, It is wonderfull that you have made lots of pips in this week Please - it will be nice for you to share your method/strategy I am a newbie and would like to learn
Sorry, my friend I am not ready to share. But, I will do a favour. You can follow me and I will be dropping hints of likely trades and how far they can go.
  • #990,048
  • May 15, 2015 3:20pm May 15, 2015 3:20pm
Quoting Ken A
{quote} Logical target is X but if closing is above 1.14x it may go higher to sort out sellers before moving down - but seriously doubt it coming summer {image}
Where is your short?
The price will go where it has to go.
  • #990,049
  • May 15, 2015 3:21pm May 15, 2015 3:21pm
Quoting Ken A
{quote} Logical target is X but if closing is above 1.14x it may go higher to sort out sellers before moving down - but seriously doubt it coming summer {image}
Yes, I have this going back DOWN to Today Low
A good trader follows his rules, but great trader knows when to break them
  • #990,050
  • May 15, 2015 3:24pm May 15, 2015 3:24pm
Quoting Ken A
{quote} Logical target is X but if closing is above 1.14x it may go higher to sort out sellers before moving down - but seriously doubt it coming summer {image}
I think close will be 1.14385
A good trader follows his rules, but great trader knows when to break them
  • #990,051
  • May 15, 2015 3:27pm May 15, 2015 3:27pm
Quoting Ken A
{quote} Post 990,057 May 15, 2015 15:04 (1 hr 17 min ago) | Invisible Last for the week if they kick me out Attached Image {image}
Still having a hard time. So you have three shorts at 63, 63 and 65? What are those other numbers? Sorry for being dense.

oh got it...sl and tp? Wow you play for really small pips. Way to go. Good call.
The price will go where it has to go.
  • #990,052
  • May 15, 2015 3:28pm May 15, 2015 3:28pm
EURUSD hold on to 1.145, didn't drop to 1.132... this means to go look further upside with 1.153 & 1.16xx as target...
"bad trades at times do happen even when the set up are good"
  • #990,053
  • May 15, 2015 3:29pm May 15, 2015 3:29pm
[quote=mitrapips;8265874]{quote} Still having a hard time. So you have three shorts at 63, 63 and 65? What are those other numbers? Sorry for being dense. oh got it...sl and tp? Wow you play for really small pips. Way to go. Good call.[/qu


That was the Price when he posted
A good trader follows his rules, but great trader knows when to break them
  • #990,054
  • May 15, 2015 3:30pm May 15, 2015 3:30pm
Quoting ill_be_back
{quote} You have no Idea
Not a problem. Ken doesn't need to show his armpit and I believe he can speak for himself.

PS: I might not have an idea of his trades but I can tell wheat from chaff. I know what to do with chaff and how to cultivate wheat. So don't butt in, please.
The price will go where it has to go.
  • #990,055
  • May 15, 2015 3:31pm May 15, 2015 3:31pm
Quoting palinco
{quote} Sorry, my friend I am not ready to share. But, I will do a favour. You can follow me and I will be dropping hints of likely trades and how far they can go.
Thanks Palinco

I shall read your posts carefully
  • #990,056
  • May 15, 2015 3:39pm May 15, 2015 3:39pm
Quoting mitrapips
{quote} Not a problem. Ken doesn't need to show his armpit and I believe he can speak for himself. PS: I might not have an idea of his trades but I can tell wheat from chaff. I know what to do with chaff and how to cultivate wheat. So don't butt in, please.
Sorry, Corrected the Post, You caught me before the correction
A good trader follows his rules, but great trader knows when to break them
  • #990,057
  • May 15, 2015 3:51pm May 15, 2015 3:51pm
Quoting ill_be_back
{quote} Sorry, Corrected the Post, You caught me before the correction
Yes, thanks for clarifying.
The price will go where it has to go.
  • #990,058
  • May 15, 2015 3:58pm May 15, 2015 3:58pm
Quoting OctaveJay509
{image} EURUSD is having a hard time to get to my Target Level 1.15000.... I can understand the pressure, and I get it....I do believe there's still room for more UPSIDE Potential in the next week or so... But Positive News has to be in the side of EURUSD.... My ultimate Target is at around 1.19-1.20ish...But I refuse to hold any positions until it gets there....I prefer to swing Trade or Day Trade from time to time... During the Weekend, I will provide some Chart work for those of you that are willing to compare notes and learn from each other.......
i sincerely hope your not long from hundreds of pips down and holding these for 40 more pips. its one of the biggest mistakes not taken some profit and holding out for a number. as you gain the meat of a trade, its not good m/m to risk a few hundred+ for 40..
those who can, do. those who cant, talk about those who can
  • #990,059
  • May 15, 2015 4:13pm May 15, 2015 4:13pm
1441 close
those who can, do. those who cant, talk about those who can
  • #990,060
  • May 15, 2015 4:28pm May 15, 2015 4:28pm
Quoting gatorinla
{quote} i sincerely hope your not long from hundreds of pips down and holding these for 40 more pips. its one of the biggest mistakes not taken some profit and holding out for a number. as you gain the meat of a trade, its not good m/m to risk a few hundred+ for 40..
I completely understand your point, and I did close out most of my Long Trades... 1.15000 is a psychological number and a Major
Fib Level from my own Analysis....Honestly, I am not that worried about the little extra pips....

Next week is going to be a lot more crazier for EURUSD in terms of Volatility.... FOMC Meeting Minutes, ECB Monetary Policy meeting,
German Ifo Business Climate, and Mario Draghi is going to speak in many Occasions between Thursday and Friday!

By the way, thanks for your insight Gatorinla!
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
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