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  • #1,086,061
  • Jan 6, 2017 9:24am Jan 6, 2017 9:24am
I will wait for shorts position.

Not that good data,and i expect a move back to 1.07 1.08 maybe.

But I do not open a long also.

Have a nice weekend.
  • #1,086,062
  • Edited 9:35am Jan 6, 2017 9:25am | Edited 9:35am
Quoting Don96
{quote} GU +10 SL missed by 1 pip ALL pending orders now deleted... levels may still be in play but for me not trade able during NFP perhaps can watch the extension levels 6 wins 1 loss - day likely to end here, good week overall 64 trades - 43 Wins - 21 Losses - Net 22 wins
SELL on EG 0.85818]


lovely m5 candle there also



OUCHHHHH missed tp by 0.1 pip!!!!!!!

2 times today on EG alone missed by less than 1 pip, the last one resulted in a loss, this time i'm at breakeven

Stopped +0 - wow 0.1 pip thats a 10th of position size lol
  • #1,086,063
  • Jan 6, 2017 9:51am Jan 6, 2017 9:51am
Dollar is sell only, won't even with buying it

Buying eurusd/gbpusd and selling usdcad/usdjpy for the time being
Make money by doing the opposite of Giveachance aka loser
  • #1,086,064
  • Jan 6, 2017 9:56am Jan 6, 2017 9:56am
Quoting Don96
{quote} SELL on EG 0.85818] lovely m5 candle there also OUCHHHHH missed tp by 0.1 pip!!!!!!! 2 times today on EG alone missed by less than 1 pip, the last one resulted in a loss, this time i'm at breakeven Stopped +0 - wow 0.1 pip thats a 10th of position size lol
potential
SELL on EG 0.85895 -
BUY on GU 1.22883
SELL on EU 1.05998 - Skeptical on this one due to nfp

EDIT: EG already missed that level by less than 3 pips earlier - usually I don't take these
EDIT: would have missed entry by 0.5 or so - nice doji on m5
  • #1,086,065
  • Jan 6, 2017 10:22am Jan 6, 2017 10:22am
Quoting Don96
{quote} potential SELL on EG 0.85895 - BUY on GU 1.22883 SELL on EU 1.05998 - Skeptical on this one due to nfp EDIT: EG already missed that level by less than 3 pips earlier - usually I don't take these EDIT: would have missed entry by 0.5 or so - nice doji on m5
BUY on AU 0.72875
  • #1,086,066
  • Jan 6, 2017 10:49am Jan 6, 2017 10:49am
Quoting Don96
{quote} BUY on AU 0.72875
SELL UJ 116.87 - (entry should have been 116.890 as posted this morning)
  • #1,086,067
  • Jan 6, 2017 10:58am Jan 6, 2017 10:58am
Quoting Don96
{quote} BUY on AU 0.72875
Well your wiser than I buddy. I bought more AU at 0.73195. However if its a complete trend reversal to the south after the negative NFP data today then I give up on forex LOL!
who dares wins
  • #1,086,068
  • Jan 6, 2017 11:01am Jan 6, 2017 11:01am
resistance on the EUR/USD at 1.055
Carpe Diem
  • #1,086,069
  • Jan 6, 2017 11:03am Jan 6, 2017 11:03am
Quoting MasterJedi
{quote} Well your wiser than I buddy. I bought more AU at 0.73195. However if its a complete trend reversal to the south after the negative NFP data today then I give up on forex LOL!
a little tip - your looking at "trend reversal" - the trend is down (depending on time-frame) and you bought after a 200 pip rally? based on negative NFP news? average earnings went up the most since 2009 .... trying changing the TF pick your levels and wait for them... don't trade m5 for h4 targets and stops.... its useless and doesn't work

Also don't trade during NFP, or any red news really, its recipe for a loss
  • #1,086,070
  • Jan 6, 2017 11:09am Jan 6, 2017 11:09am
Quoting nessus94
Dollar is sell only, won't even with buying it Buying eurusd/gbpusd and selling usdcad/usdjpy for the time being
well thats interesting, since you posted (before the fact for once) we have gone in the other direction
  • #1,086,071
  • Jan 6, 2017 11:11am Jan 6, 2017 11:11am
Quoting CKSCswing
resistance on the EUR/USD at 1.055
finally somebody who sees the market how it is

i respect all trading opinions , but today mostly everybody seems to be wanting to go long on a day when the market is short
  • #1,086,072
  • Jan 6, 2017 11:15am Jan 6, 2017 11:15am
long as long as above 1.0535
Every trader needs an emotion risk manager
  • #1,086,073
  • Jan 6, 2017 11:21am Jan 6, 2017 11:21am
Quoting 3Davy
{quote} Indeed. But it can react reverse. I don't expect big moves for the rest of the day,but with euro dollar, you never know.
Agreed
Risk comes from not knowing what you're doing.
  • #1,086,074
  • Jan 6, 2017 11:23am Jan 6, 2017 11:23am
Quoting Don96
{quote} a little tip - your looking at "trend reversal" - the trend is down (depending on time-frame) and you bought after a 200 pip rally? based on negative NFP news? average earnings went up the most since 2009 .... trying changing the TF pick your levels and wait for them... don't trade m5 for h4 targets and stops.... its useless and doesn't work Also don't trade during NFP, or any red news really, its recipe for a loss
Good advise cheers. My take was that the trend has been up this whole week & although a big retrace was in order or even a reversal I didn't expect this to take place on the back of negative NFP data. Live & learn. Good luck with your long if it comes your way.
who dares wins
  • #1,086,075
  • Jan 6, 2017 11:24am Jan 6, 2017 11:24am
Quoting 2xfx
long as long as above 1.0535
I agree... with 2 conditions. 
Need a good long test of 0540. And need strong jump.
 
Now, being Friday spikes.  My guess is down spike....say 0490. 
 So I'm buying a spike and move over 0545 as explained above.
Ideas?
Beware of robber banks (RB), bad advisors.
  • #1,086,076
  • Jan 6, 2017 11:25am Jan 6, 2017 11:25am
Quoting Don96
{quote} SELL UJ 116.87 - (entry should have been 116.890 as posted this morning)
UJ -10

GU pending triggered
  • #1,086,077
  • Jan 6, 2017 11:27am Jan 6, 2017 11:27am
Buy EU at 1.0537 TP 1.0610 SL 1.0500
  • #1,086,078
  • Jan 6, 2017 11:28am Jan 6, 2017 11:28am
i'm looking for shorts if it breaks the 1.0520 area

till then , on the sidelines
  • #1,086,079
  • Jan 6, 2017 11:31am Jan 6, 2017 11:31am
Quoting dragonexpert
{quote} Agreed
Exactly. bad news doesn't mean the pair will go down.

Trust me, I know, I have lost money
Carpe Diem
  • #1,086,080
  • Jan 6, 2017 11:36am Jan 6, 2017 11:36am
Quoting MasterJedi
{quote} Good advise cheers. My take was that the trend has been up this whole week & although a big retrace was in order or even a reversal I didn't expect this to take place on the back of negative NFP data. Live & learn. Good luck with your long if it comes your way.
everyone who trades news should know that the day isnt just about NFP...

average earnings and unemployment rate are also there...

everyone here looks at nfp see's its red and goes long... happens every single month without fail on either side of the market
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