EURUSD....Euro

[>Apocalypto<]

That's why you need to have a clear entry and exit condition.

Most importantly a clear Exit.

if u can have the discipline to follow that then u will profit.

there will be many times u see that ent bar turn around on the next with a tail back into the range.... lower time frames on fx are testers.... stops look after those move.

No one is knocking u Fab, I am glad to hear u are not using that EA... learn the rhythm and make some pips!

 

[fapturbo]

if u can have the discipline to follow that then u will profit.

there will be many times u see that ent bar turn around on the next with a tail back into the range.... lower time frames on fx are testers.... stops look after those move.

No one is knocking u Fab, I am glad to hear u are not using that EA... learn the rhythm and make some pips!

Support/Resistance and Time Frames.... been around FX for a while mate. Don't worry I wont go bust

 

[>Apocalypto<]

Support/Resistance and Time Frames.... been around FX for a while mate. Don't worry I wont go bust

lets hope they stay around for a while longer.

going bust is actually a great way to learn (not that I advise anyone try it). I lost 2 accounts getting to where I am now, taught me a lot.

 

[fapturbo]

Locked in 3.5 x risk on this trade at the moment...

Nice......

 

[fapturbo]

x6.5 risk

 

[Stormin_Norman]

lets hope they stay around for a while longer.

going bust is actually a great way to learn (not that I advise anyone try it). I lost 2 accounts getting to where I am now, taught me a lot.

i busted 2 as well. i didnt really learn much until i busted them.

demo accounts are like playing fifa on the playstation and thinking you know how to play real football.

as for the euro. im still holding a short from 4215 on friday night. i thought it was overbought.

i might have missed my aussie manual trade last week, but i got this one.

 

[fapturbo]

About 10 x risk...

 

[Naked shorts]

Wtf is happening tonight? There is plenty of people sitting in the DOM, but no one is executing orders. The volume tonight is about a quarter of what it is normally.

 

[AbundantIncome]

it seems forex is designed to take the little guys out ... uptrend then sudden downtrend, then up again .. what the ...

i am losing confidence on my charts again ...

 

[fapturbo]

Anyone got a plan for today trade?

 

[white_goodman]

Anyone got a plan for today trade?

im looking for longs... ill post a chart tonight if i place a trade.

 

[>Apocalypto<]

Anyone got a plan for today trade?

taken 12 long.

watching..... and waiting

 

[Naked shorts]

taken 12 long.

watching..... and waiting

I reckon we will come down to todays low, 1.3865 on the futures, hit a few stops, then turn around and make new highs (anything above 1.3965). Im not going to be holding onto any positions however.

 

[>Apocalypto<]

I reckon we will come down to todays low, 1.3865 on the futures, hit a few stops, then turn around and make new highs (anything above 1.3965). Im not going to be holding onto any positions however.

agree with you NS,

I caught the 12 on the Europe open. looking for a rally to sell cont to get in short. if the price gets to 13ema (blue) would be great.

see what the markets shows...........

 

[>Apocalypto<]

well the pull back never came on 15 min..... lasted one 15 min bar....

good call naked just about on the session lows

 

[white_goodman]

im looking for longs... ill post a chart tonight if i place a trade.

quote from my blog:

"was in an important zone and I was looking for an 'excuse' to go long...
nice hammer/pin bar on 30min chart, took it long... also with the 4hr and weekly trend.. (admittedly trend is hard to read atm with conflicting messages on daily,weekly and 4hr charts. However fundamentally weak US dollar expected by 92% of traders - read it somewhere)

Results: took half off at 41pips, gonna let the rest run to just under 1.4100 where it'll meet resistance and a psych number (whole number). Might take all off at this amount or may take majority off and let a little run... Stop is now jsut below 1.3900 (another psych number). If you go back to the 5min chart you will notice how quickly it took off once breaching 1.3900."

 

[fapturbo]

quote from my blog:

"was in an important zone and I was looking for an 'excuse' to go long...
nice hammer/pin bar on 30min chart, took it long... also with the 4hr and weekly trend.. (admittedly trend is hard to read atm with conflicting messages on daily,weekly and 4hr charts. However fundamentally weak US dollar expected by 92% of traders - read it somewhere)

Results: took half off at 41pips, gonna let the rest run to just under 1.4100 where it'll meet resistance and a psych number (whole number). Might take all off at this amount or may take majority off and let a little run... Stop is now jsut below 1.3900 (another psych number). If you go back to the 5min chart you will notice how quickly it took off once breaching 1.3900."

Good trade that one... Price action based

 

[Naked shorts]

I reckon we will come down to todays low, 1.3865 on the futures, hit a few stops, then turn around and make new highs (anything above 1.3965).

Just in case you wanted to know what i look like, I have uploaded a picture of myself.





My books will be out soon.

 

[>Apocalypto<]

well the pull back never came on 15 min..... lasted one 15 min bar....

good call naked just about on the session lows

hell of a rally off the lows.

thank this for the rally?

6:00am EUR German Industrial Production

I have no idea......... watching ..........

 

[>Apocalypto<]

quote from my blog:

"was in an important zone and I was looking for an 'excuse' to go long...
nice hammer/pin bar on 30min chart, took it long... also with the 4hr and weekly trend.. (admittedly trend is hard to read atm with conflicting messages on daily,weekly and 4hr charts. However fundamentally weak US dollar expected by 92% of traders - read it somewhere)

Results: took half off at 41pips, gonna let the rest run to just under 1.4100 where it'll meet resistance and a psych number (whole number). Might take all off at this amount or may take majority off and let a little run... Stop is now jsut below 1.3900 (another psych number). If you go back to the 5min chart you will notice how quickly it took off once breaching 1.3900."

nice trade W G

you took a price rejection that was a higher low / double bottom off a range low.

nothing wrong with that.