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EURUSD

  • #1,060,781
  • Mar 8, 2016 8:43pm Mar 8, 2016 8:43pm
bit of bear action on swissy brewing again
If you are new to Forex? Say Goodbye to your account!!
  • #1,060,782
  • Mar 8, 2016 9:13pm Mar 8, 2016 9:13pm
Quoting yanitsa
{quote} Waiting game this morning . EUR is ''buy the dip '' at the moment IMO .Pound too . Perhaps market will give away 20-30 pips for adding longs
1.0940 next entry
  • #1,060,783
  • Mar 8, 2016 10:09pm Mar 8, 2016 10:09pm
Quoting yanitsa
{quote} 1.0940 next entry
What will be your TP for this long if you get filled?
  • #1,060,784
  • Mar 8, 2016 10:15pm Mar 8, 2016 10:15pm
Quoting edyraper
pending buy 0979 risking 10
s/o , very good start for the day eh,...
  • #1,060,785
  • Mar 8, 2016 10:31pm Mar 8, 2016 10:31pm
Quoting edyraper
{quote} s/o , very good start for the day eh,...
Was S/O earlier, LOST 5
Lets see if this works
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,060,786
  • Mar 8, 2016 10:35pm Mar 8, 2016 10:35pm
Quoting ill_be_back
{quote} Was S/O earlier, LOST 5 Lets see if this works {image}
I opened long near above DSSA with TP Decision level! The problem may be S2 level, so I could close Half position there!
SL x pips below DSSA 2nd!
See posts earlier to get the picture!
Good luck on this one!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd0903.png Size: 40 KB
  • #1,060,787
  • Mar 8, 2016 10:36pm Mar 8, 2016 10:36pm
Quoting ill_be_back
{quote} Was S/O earlier, LOST 5 Lets see if this works {image}
congratz , let's see
  • #1,060,788
  • Mar 8, 2016 10:53pm Mar 8, 2016 10:53pm
still have 50% of my short EU from yesterday
price is now below yesterdays range and below S1
I will look for further downside opportunities
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2016 Mar 09a.PNG Size: 29 KB
  • #1,060,789
  • Mar 8, 2016 11:00pm Mar 8, 2016 11:00pm
Quoting TPparadigma
{quote} What will be your TP for this long if you get filled?
I don't know !
Above 1.11 initially then I will reconsider .....
Stop 50 pips or if I see smth dodgy
  • #1,060,790
  • Mar 8, 2016 11:05pm Mar 8, 2016 11:05pm
Quoting TPparadigma
{quote} I opened long near above DSSA with TP Decision level! The problem may be S2 level, so I could close Half position there! SL x pips below DSSA 2nd! See posts earlier to get the picture! Good luck on this one! {image}
Hi TP, can you explain how you calculate your DSSA and DSRA, decision and sensitive levels?
is it fib related?
thanks in advance.
  • #1,060,791
  • Mar 8, 2016 11:17pm Mar 8, 2016 11:17pm
Quoting jasontrader
{quote} Hi TP, can you explain how you calculate your DSSA and DSRA, decision and sensitive levels? is it fib related? thanks in advance.
Yes, bro! Fibs and some math, dividing stuff and so on!
Cheers!
  • #1,060,792
  • Mar 8, 2016 11:19pm Mar 8, 2016 11:19pm
Quoting TPparadigma
{quote} I opened long near above DSSA with TP Decision level! The problem may be S2 level, so I could close Half position there! SL x pips below DSSA 2nd! See posts earlier to get the picture! Good luck on this one! {image}
what's a TP Decision level?

your S2 is way off mark it should around 1.0956
  • #1,060,793
  • Mar 8, 2016 11:23pm Mar 8, 2016 11:23pm
Quoting MaxDoom
{quote} what's a TP Decision level? your S2 is way off mark it should around 1.0956
I meant my TP is where Decision level is located in chart I posted! 1021.

No bro, everything is right there where it needs to be! Don't pay much attention on that S2! It is just for background!
Cheers!
  • #1,060,794
  • Mar 8, 2016 11:27pm Mar 8, 2016 11:27pm
Quoting KiwiTrada
bit of bear action on swissy brewing again
picking up steam :-)
If you are new to Forex? Say Goodbye to your account!!
  • #1,060,795
  • Mar 8, 2016 11:34pm Mar 8, 2016 11:34pm
good morning euro session....
in long eu/us 0980--eu/au 4766
very small positions-- testing waters now that I'm back to spot FX
lets hope in euro bulls
good luck y'all
don't get in love with pairs ... up or down is the same pip value
  • #1,060,796
  • Mar 8, 2016 11:39pm Mar 8, 2016 11:39pm
Quoting MaxDoom
{quote} what's a TP Decision level? your S2 is way off mark it should around 1.0956
I know you thought S2 is meant like Support, but no! It has different definition, this is not support! It is meant like another Sensitive level in my calculations!
  • #1,060,797
  • Mar 8, 2016 11:41pm Mar 8, 2016 11:41pm
Quoting TPparadigma
{quote} I know you thought S2 is meant like Support, but no! It has different definition, this is not support! It is meant like another Sensitive level in my calculations!
okay, all sounds very cloak and dagger
gl
  • #1,060,798
  • Mar 8, 2016 11:48pm Mar 8, 2016 11:48pm
EU daily symmetrical triangle setup and range contraction, not a good pair to trade pre-ECB and in the tip of the triangle. Why bother? Wait for a break out and trade in that direction.
  • #1,060,799
  • Mar 8, 2016 11:52pm Mar 8, 2016 11:52pm
Quoting asgcorp
EU daily symmetrical triangle setup and range contraction, not a good pair to trade pre-ECB and in the tip of the triangle. Why bother? Wait for a break out and trade in that direction.
can you post a chart with that?
  • #1,060,800
  • Mar 9, 2016 12:01am Mar 9, 2016 12:01am
EUR/USD is trading lower today, due to major resistance in the face of the 200SMA. Main direction remains bullish, but you should have in mind that tomorrow news are scheduled for tomorrow:
- European Central Bank Rate Decision 12:45GMT
- ECB Deposit Facility Rate 12:45GMT
- ECB Marginal Lending Facility 12:45GMT
- ECB Press Conference 13:30GMT
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