Target hit on 1 of Euro 1.2140 so will be moving stop of the remaining one to 1.2010 depending on what happens o/n asia might close it to avoid friday which are normally bad days for me
good drills pg. well played out, how many pips on the long bounce
Take your profits or the market will take it from you....
They delete their posts very quickly. It was only up for about 15 minutes. That's why I like this forum.
Yeah, we tackle the spammers quickly. That way, we keep this forum cleaned up so that all those that genuinely do want to interact can do so without all of the crap that comes with most forums. It makes a huge difference I think.
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you arent sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
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Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
It looks like this rally is going to last a bit longer than most thought. Support levels are holding up well. I'm not sure what others are seeing on the 30MIN MACD in regards to an impending breakdown. Here is the hourly chart with some possibilities. I'm well capitalized so I've able to sustain my short position so far but a break about 1.2200 will knock me out.
about 500 on the closed still keeping to 1.1940 open but stop moved as ealier posted i had other longs which i got stopped out at +1 because i was taking high risk trades i decided to move stops immediately price went in my favour but the pullbacks got me
Originally Posted by cw1
good drills pg. well played out, how many pips on the long bounce
FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE
about 500 on the closed still keeping to 1.1940 open but stop moved as ealier posted i had other longs which i got stopped out at +1 because i was taking high risk trades i decided to move stops immediately price went in my favour but the pullbacks got me
about 500 on the closed still keeping to 1.1940 open but stop moved as ealier posted i had other longs which i got stopped out at +1 because i was taking high risk trades i decided to move stops immediately price went in my favour but the pullbacks got me
well done PG, good drills....
Last edited by Sean Hyman; 06-10-2010 at 04:40 PM.
Take your profits or the market will take it from you....
I cant be short here now. I wait for asia to see what happens with 12140. I have not seen any cause for being short even though the charts trend shows that elegantly. The repel from the overhead resistance was not strong enough..there would be another test to confirm this.
I am short on the second test of 12140 1 lot ..will add up if it goes my way. My stop here is quite tight with 20pips as this in an inflexion point. If it holds beyond morrow then I targert 17000ish.
Dont know how to do multiple quotes so thanx colly and cw1
You can hit the " symbol just to the right of the Quote button. Click on that for every person's post that you want to multiquote ...then you can go back to the most recent quote and click on the "Quote" button and it will include in the ones that you chose using the " symbol.
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you arent sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and Ill introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
You can hit the " symbol just to the right of the Quote button. Click on that for every person's post that you want to multiquote ...then you can go back to the most recent quote and click on the "Quote" button and it will include in the ones that you chose using the " symbol.
Originally Posted by PoundGuy
Dont know how to do multiple quotes so thanx colly and cw1
So here I am as things go quiet thinking about this pair and a few folks predicaments right now and in my imagination I see this dollar and euro having something of a wrestling match. So I flip into Google Images and type in the Search:
Euro Dollar Wrestle....
Its truly amazing what comes up on the first page of results when you do
Yeah, we tackle the spammers quickly. That way, we keep this forum cleaned up so that all those that genuinely do want to interact can do so without all of the crap that comes with most forums. It makes a huge difference I think.
Originally Posted by Sean Hyman
You can hit the " symbol just to the right of the Quote button. Click on that for every person's post that you want to multiquote ...then you can go back to the most recent quote and click on the "Quote" button and it will include in the ones that you chose using the " symbol.
Yes, my 10 Min Charts are showing this too and have done all day. See the peaks on the green and purple RSI lines.
Since it isn't showing so clearly on my 1 Hour ones though it could be in "consolidative strength" and ready for another high first but should be soon when it happens - within 24 hours I think.
Colly
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Originally Posted by PoundGuy
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