yeah, that all makes sense. think i'll take a tiny 'hit and hope' short at 150, stop 165. you never know. supose if we go above 170 we should reach 210?
don't think i'll bother, could someone please explain the rules to the eur,usd
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Long Euro again at 1.3152 again Limit 1.3162 stop at 1.3131
Long Euro again at 1.3152 again Limit 1.3162 stop at 1.3131
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
EUR/USD is pushing higher on Initial jobless claims which where a bit better than expected.
I don't think the number are good or bad but as we failed to push under 1.31 we are getting this bounce. Only if you are very short term is interesting to go short now as we are at resistance.
I would rather wait and see if we push above this resistance 1.3175 and then reach 1.32 by the end of the day. This would be a better opportunity to go short according to me.
was going to tell you about my aussy short at 290 earlier but moved my stop too early and just got stopped. broke my own rule, oops
Hey jbiggart! I've done that plenty of times and still do it from time to time. But if you have a free moment, could you share your rules?
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
these tgts are still valid from earlier post as long as 3235 holds using mixture of fib calcs and just damn good predictive possibilities based on indicators etc,etc
see ya on the dance floor
oh my oh my oh my------tgts hit commander, good drills, well done
In total 26 scalp shorts on this over 2 day period in the direction of the tgts for total of 129 pips ....price reached 3095 ----5 pips short of the last target
I did not have enough time to change the MyWave counts to reflect the ED, then post and trade - but spike's out of the bottom of ED's are very very tradeable for reversals and given high MyWave counts and all the other indicators showing oversold, this was just heaven for fading. Anyhow, out of half my longs with rest targeting 1.3196 and off for the weekend and French election.
I think I may just not bother trading now until I can count 13. The reversals are astonishing everytime. Give me time to start looking at other assets.
oh my oh my oh my------tgts hit commander, good drills, well done
In total 26 scalp shorts on this over 2 day period in the direction of the tgts for total of 129 pips ....price reached 3095 ----5 pips short of the last target
It has been sweet indeed. Mrs Clivewaverider got a new car over the weekend - nice to have a vacumn for the money to go already!!
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.