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  • #1,054,601
  • Feb 4, 2016 2:26pm Feb 4, 2016 2:26pm
Quoting goldfinch
{quote} That makes zero sense, why not trade EG and pay half the commission????
Asked myself that question too, but some people have to much money to spend I guess
  • #1,054,602
  • Feb 4, 2016 2:30pm Feb 4, 2016 2:30pm
Quoting gatorinla
i didnt get help with london close. maybe ny will.. i dont see it atm . usdx hasnt shown any bull. eu not much bear. not real comfortable with my eu short atm. i seldom do get comfortable against recent trend. i am just trading places that are normally places attracting 04xx05xx would occur before breaking low. its a wide area 1115/17xx. lots of real estate to be wrong about. i do see a 1258 target, but it usually hits 0847 before.. using that 1.2470 target.. some R may be at 1.1264ish.. i waited for this move for several months to short. so i am...

I still see 1.1065 as my new short entry point of the future.
Back from the dead * ding fries are done *
  • #1,054,603
  • Feb 4, 2016 2:31pm Feb 4, 2016 2:31pm
Quoting ryder950
{quote} I still see 1.1065 as my new short entry point of the future.

We may never return....
Back from the dead * ding fries are done *
  • #1,054,604
  • Feb 4, 2016 2:32pm Feb 4, 2016 2:32pm
Quoting goldfinch
{quote} That makes zero sense, why not trade EG and pay half the commission????
Didn't open them at the same time and they are system trades, so have to take the signals... Also, they have different SL and TP levels
  • #1,054,605
  • Feb 4, 2016 2:36pm Feb 4, 2016 2:36pm
Quoting goldfinch
{quote} All of this makes for a very tough trading environment. I hate to be the retailer just starting out or one just on his or her journey of discovery. Knowing when not to trade is becoming more important then finding the right setups. Looking at my own trading I went from finding 5-10 fairly easy straight forward and decent setups a day to being happy with just 1 or 2. I have plenty of days where there are no trades to be found, that didn't happen 2-3 years ago. 15 point technical reversals become 60-80 point swings, levels aren't respected...
we are in one of those messy market conditions thanks to all turmoil in global economy. this is where the most defensive survive and get rich quick mentalities are swept away. we read people posting their scalps here all day long. but i do not think there many successful scalpers, just a few. the levels we are at right now is more for position trading who are looking for shorts (the bullish position traders are already enjoying their longs from 1.05-06 and hoping for 1.17). and then we are left with swing traders and scalpers for who the ideal market condition is when it is in a range like we had for many weeks and respects the most technical setup and levels.
As Above, So Below
  • #1,054,606
  • Feb 4, 2016 2:51pm Feb 4, 2016 2:51pm
Quoting nonlinear
{quote} Didn't open them at the same time and they are system trades, so have to take the signals... Also, they have different SL and TP levels
Makes sense then indeed
  • #1,054,607
  • Feb 4, 2016 3:06pm Feb 4, 2016 3:06pm
Quoting Rag2RichesFX
{quote} this is why i went long just a complete chopfest today, pre NFP {image}
Hey R2R,

Just got back, I closed my longs at 1910 from 1901... Think its good to go long now or it should retrace one last time before flying?



Pending buy at 1904.. hoepfully it triggers
It's always part of a bigger plan
  • #1,054,608
  • Feb 4, 2016 3:08pm Feb 4, 2016 3:08pm
Quoting Rag2RichesFX
{quote} this is why i went long just a complete chopfest today, pre NFP {image}
im out @ 1908, done for the day
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Be hopeful in a winning position, and fearful in a losing position.
  • #1,054,609
  • Feb 4, 2016 3:10pm Feb 4, 2016 3:10pm
Quoting Rag2RichesFX
{quote} im out, done for the day {image}
Nice! Well, thats a good day.

Appreciate your calls. Take care see you tomorrow.
It's always part of a bigger plan
  • #1,054,610
  • Feb 4, 2016 3:11pm Feb 4, 2016 3:11pm
I'm done too
Attached Image
  • #1,054,611
  • Feb 4, 2016 3:17pm Feb 4, 2016 3:17pm
Quoting Capex
{quote} that only took two h1's...what a move... added short (not ruling out more upside)...shorts stay alive till next week...
A big nfp miss may be an excuse to test 138x (ext to 143x) before any meaningful pull-back.
Think 4D: History, Future, Now and Noise
  • #1,054,612
  • Feb 4, 2016 4:36pm Feb 4, 2016 4:36pm
Quoting gatorinla
{quote} i have 3 eu short positions now. i will closing them for a 1% loss at 127x.. but before i have one more to add, 1260. making my total loss 1.25 ish%.
Thanks for putting such detailed descriptions. Very useful for the readers.
  • #1,054,613
  • Edited 5:11pm Feb 4, 2016 5:01pm | Edited 5:11pm
Quoting user954
Nice coil in EURUSD. When it breaks, should get a good size move. For now, looks like it can continue to coil for a few more days {image}

Gave a heads up on the great EURUSD coil and to watch out for the breakout. EU broke to the upside 6 days after I posted this. Breakout is on very strong momentum First target is 1.15 and then 1.17. Pullback today/tomorrow is a strong buy for play to the targets mentioned in next two weeks.


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  • #1,054,614
  • Feb 4, 2016 5:36pm Feb 4, 2016 5:36pm
Appears we need a 4th wave correction short and then when it is done we'll move long for the final 5th before this takes off hard short.
  • #1,054,615
  • Feb 4, 2016 5:49pm Feb 4, 2016 5:49pm
05Fev16 1:30pm(gmt 1)
CAD Employment Change
CAD Trade Balance
CAD Unemployment Rate
USD Average Hourly Earnings
USD Non-Farm Employment Change
USD Unemployment Rate
USD Trade Balance


Keeps you connected, guaranteed action, remember do not forget for a moment what you have been learning( during our long journey), if goes wrong, remember that days and many more opportunities exist soon after , come with what is yours, work what is yours, and you will give due value.

Good trades pips graces desgraces to all.
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  • #1,054,616
  • Feb 4, 2016 6:07pm Feb 4, 2016 6:07pm
Like a good quarterback who throws a pick 6? Just move on. Agreed. I had to learn that trading principle the hard way.
  • #1,054,617
  • Feb 4, 2016 6:12pm Feb 4, 2016 6:12pm
I have got the maths for all pairs. now some practice on a demo account..
  • #1,054,618
  • Feb 4, 2016 6:20pm Feb 4, 2016 6:20pm
Okay, after these two strong bullish candles here is what I think will happen today on the pair; I think it will be consolidating towards the downside and form a candle range that's covered inside the 1068 - 1238 range. So I'll try to sell a spike to 1.1210/20

I think bad US data is already priced in.

I think CAD and AUD will be more volatile pairs to trade, beside GU.

EU needs a correction before another move on weekly chart and higher. (to the upside ofcourse)

Just my 2cents
  • #1,054,619
  • Feb 4, 2016 6:44pm Feb 4, 2016 6:44pm
Quoting goldfinch
{quote} It didn't, my bias is still to the downside as is yours, not going to join the grind, would rather trade the rejections. Still here looking for something I can hold on to. That last failure looks promising, eyeballing 1192 again, that hasn't gone away yet.
had ny and london closed above usdx 96.70 and eu closed below 1182 i would feel better about it. looks like typical nfp eve. hopefully this was the pump before dump.
those who can, do. those who cant, talk about those who can
  • #1,054,620
  • Feb 4, 2016 6:53pm Feb 4, 2016 6:53pm
don't know if you use TLs or not, but I'm getting first signs of downward pressure as it cracked my ascending TL about an hour ago.
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