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  • #992,421
  • May 22, 2015 6:19am May 22, 2015 6:19am
Quoting mkvy
who said friday trading is boring haha... my buy trade lost 100 pips.. pending sell now activated.. and a 20 pip sell trade 10x the lot size of the loss now selling from 1.1060 ... but prepared for any bulls with a pending buy at 1.1211
And that is dangerous.
  • #992,422
  • May 22, 2015 6:20am May 22, 2015 6:20am
If closed under 1.1030 opens the way for Bears!!
  • #992,423
  • May 22, 2015 6:20am May 22, 2015 6:20am
took a small long 1.1034
talks cancelled because ECB does not want to reverse the effects of US news CPI
EUR/USD 1.1035 ATM
  • #992,424
  • May 22, 2015 6:20am May 22, 2015 6:20am
Quoting fxtyrant
{quote} Retrace is not guaranteed need to see how 1.1 reacts and im not confident it will hold... Look at monthly
Thank you fx ... I will keep an eye on the monthly as well. Initially I thought I'm a scalping trader type ... not really. More news trading, when I can see the price moving. However, I still can't trade off numbers without a feeling for the price.

Best and enjoy your WE, v.
  • #992,425
  • May 22, 2015 6:21am May 22, 2015 6:21am
I think it will be bouncing up for lil pips at 1.1015.
just wait n' see for now...because friday usually have a fuckin' crazy movement
  • #992,426
  • May 22, 2015 6:23am May 22, 2015 6:23am
Coming up on 1/2 hour and we are sitting at weekly monthly support

US about to open
  • #992,427
  • May 22, 2015 6:23am May 22, 2015 6:23am
Quoting FXMori
they didn't buy all our longs yesterday to make 150 pips. I think someone with a big load of cash want to break 1.1. However there is still a chance for a bull ambush at that level. Just closed all my short but one. I expect the fireworks after today's speeches
did u watch it hit 1209 earlier? did u watch it drop to 1184 after that.. reason enough to go to 096x... its the most common move..
those who can, do. those who cant, talk about those who can
  • #992,428
  • May 22, 2015 6:23am May 22, 2015 6:23am
good morning everybody wow I've missed everything way too tired to stay awake last night....joining the party now though got a long from 1.1027...let's see what she can do... good luck to all.. hope you guys made some good pips on that down move.... gotta stop having martini nights before big announcements... lol
  • #992,429
  • May 22, 2015 6:25am May 22, 2015 6:25am
Quoting FxLapozi
{quote} And that is dangerous.
but works every time! theres a psychological break
  • #992,430
  • May 22, 2015 6:25am May 22, 2015 6:25am
Quoting mkvy
who said friday trading is boring haha... my buy trade lost 100 pips.. pending sell now activated.. and a 20 pip sell trade 10x the lot size of the loss now selling from 1.1060 ... but prepared for any bulls with a pending buy at 1.1211
Had 3 Longs today, and got stopped out 3 times. Ouch. Luckily went short after CPI and made all my losses and a bit more back.

I bet we will see 1.10 today. I guess it goes much lower if we close the week below it.
  • #992,431
  • May 22, 2015 6:26am May 22, 2015 6:26am
Quoting glassblower
{quote} I had one go the same way as well earlier.
Won't hold a funeral for mine. I swing trade so I often taken small losses, typically 25-35 pips, sometimes my SL even smaller. That is why I aim for very high R/R and for trades where I can move SL to B/E quickly.
  • #992,432
  • May 22, 2015 6:26am May 22, 2015 6:26am
agree...no funeral here...low leverage...watching for signs of retrace. Hopefully will trigger 1015 entry for me


time to get back to work...will be watching today as I make some glass...GL to all!!!
  • #992,433
  • May 22, 2015 6:29am May 22, 2015 6:29am
Quoting mkvy
who said friday trading is boring haha... my buy trade lost 100 pips.. pending sell now activated.. and a 20 pip sell trade 10x the lot size of the loss now selling from 1.1060 ... but prepared for any bulls with a pending buy at 1.1211
wait until the price settles. no need to compensate a loss 2 minutes after it occured. Go out more early next time ( 100 pips is a lot ). best, v.
  • #992,434
  • May 22, 2015 6:29am May 22, 2015 6:29am
Note that it's a holiday on Monday, so today the market will have one good day to react.
  • #992,435
  • May 22, 2015 6:30am May 22, 2015 6:30am
btw yellen knows gdp will get the revision up..
those who can, do. those who cant, talk about those who can
  • #992,436
  • May 22, 2015 6:31am May 22, 2015 6:31am
Quoting glassblower
agree...no funeral here...low leverage...watching for signs of retrace. Hopefully will trigger 1015 entry for me time to get back to work...will be watching today as I make some glass...GL to all!!!
smart man
  • #992,437
  • May 22, 2015 6:33am May 22, 2015 6:33am
Quoting verified
{quote} wait until the price settles. no need to compensate a loss 2 minutes after it occured. Go out more early next time ( 100 pips is a lot ). best, v.
its ok... the pending sell at my normal small risk was opened at the same time... at the break of 1.1060
  • #992,438
  • May 22, 2015 6:35am May 22, 2015 6:35am
Gn broke ds1 at 2.1222 if can close undet 12and hold it should be good to go.
haah wtf am i talking about 13. 100 pips off. Yes close under 2.1200 is good for short.
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #992,439
  • May 22, 2015 6:35am May 22, 2015 6:35am
Quoting gatorinla
{quote} did u watch it hit 1209 earlier? did u watch nit drop to 1184 after that.. reason enough to go to 096x... its the most common move..
What do mean? Which is the most comon move?
To me yesterday movement after bad news was fairly suspicious: bad news, good volume, but it stood still. And even this morning, there was a good buying pressure, but bears defended stubbornly 117x. To me was enough to got short before cpi, it worthed the shot. And it did
Ubi maior minor cessat
  • #992,440
  • May 22, 2015 6:35am May 22, 2015 6:35am
i think bb wants lower hit on 1.1
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