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07-29-2008, 10:35 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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been away and missed out to short below 5680, now looking for the drop to test 5567 supp. im looking to load up from this supp for 20-30 pips heavy scalp......
GL ALL ......
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-29-2008, 10:38 AM
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Registered User
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Join Date: Jun 2008
Posts: 2
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Quote:
Originally Posted by Ilovepippin
Break of 5611 and we are bearish.
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Quote:
Originally Posted by b3nni
Longterm trendline is @ 1,5580 ?
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Sorry, I meant the 1.5611 support that the EW folks have mentioned.
GL All |
07-29-2008, 10:40 AM
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Join Date: Aug 2006
Posts: 197
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Quote:
Originally Posted by stryker
been away and missed out to short below 5680, now looking for the drop to test 5567 supp. im looking to load up from this supp for 20-30 pips heavy scalp......
GL ALL ......
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well if Mr Stryker says 5567 i may just move my SL down a few pips  |
07-29-2008, 10:46 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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Quote:
Originally Posted by trip00
well if Mr Stryker says 5567 i may just move my SL down a few pips |
i hope so this supp prevails for today atleast.......
plus also hope to see it get tested since i took shorts from 5598..
i will post charts later....
i just bailed out on yen shorts for 5 pips gains.......
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-29-2008, 10:48 AM
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Member
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Join Date: Jun 2006
Posts: 246
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long @5585, let's see
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07-29-2008, 10:53 AM
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Member
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Join Date: Jul 2007
Posts: 47
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is this long position
Quote:
Originally Posted by stryker
been away and missed out to short below 5680, now looking for the drop to test 5567 supp. im looking to load up from this supp for 20-30 pips heavy scalp......
GL ALL ......
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good for scalping only or you think now euro on the way down and to which level
thanks |
07-29-2008, 10:55 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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Quote:
Originally Posted by stryker
i hope so this supp prevails for today atleast.......
plus also hope to see it get tested since i took shorts from 5598..
i will post charts later....
i just bailed out on yen shorts for 5 pips gains.......
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EDIT::
supp 5580
5568 hoping this to hold for today
5549
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-29-2008, 10:59 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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Quote:
Originally Posted by grasshopper860
good for scalping only or you think now euro on the way down and to which level
thanks
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down to testing 5350 now.
but wait, there is GDP and NFP, all bets off, but initially anything around 5610-25 is sellable.... as long as we stay below 5644-50 from here on...
much better level offocurse been 5678-85, the question is will we get there anytime soon....
as for me its scalp with heavy lots for 10-2o pips would do.......
will start accessing trades next week once NFP and other data's are over..
i will not be surprise if we are around 5750 on friday. otherwise very close to testing 5350.......
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-29-2008, 11:11 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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Quote:
Originally Posted by stryker
i hope so this supp prevails for today atleast.......
plus also hope to see it get tested since i took shorts from 5598..
i will post charts later....
i just bailed out on yen shorts for 5 pips gains.......
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lightened up on most of the shorts at 5576, remaining would be hedged with longs from 5568 and would let go once we are above 5582...
hope it goes accordingly...
EDIT:
well so far i knicked the low of the day at 5571, all shorts off and only longs in play, took some out at 5581 (for 10 pips.... discipline, and im scalping).... various limits stretched from 5589 to 5618.......
lets see how it goes............
GL ALL......
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Last edited by stryker; 07-29-2008 at 11:27 AM..
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07-29-2008, 11:23 AM
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Member
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Join Date: Jun 2006
Posts: 246
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Quote:
Originally Posted by analyzer
long @5585, let's see
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was waiting to add @5565 but did not get there this time around |
07-29-2008, 11:30 AM
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Join Date: Feb 2008
Posts: 178
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stryker you are my hero
Quote:
Originally Posted by stryker
been away and missed out to short below 5680, now looking for the drop to test 5567 supp. im looking to load up from this supp for 20-30 pips heavy scalp......
GL ALL ......
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I doubled my position at 1.5570 and dumped it at 1.55825 |
07-29-2008, 11:32 AM
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Technical Trader
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Join Date: Apr 2004
Posts: 1,942
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Quote:
Originally Posted by pf0351
I doubled my position at 1.5570 and dumped it at 1.55825
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nothing beats a decent scalp....... discipline and one can get away with gains...
if this supp holds, 5603 is achievable...
LOL
__________________
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-29-2008, 11:42 AM
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Member
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Join Date: May 2008
Posts: 232
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Love your thought process Stryker, thanks for sharing. I'm too tired from work to trade, plus this range trading is draggy... come friday 100pip target.
GL All, alot of countries facing inflation now including mine. My government just released an official note that they will be fighting to raise our currency against the USD to combat oil prices. Their target is to increase SGD by $0.14 by end of 2009.
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07-29-2008, 11:47 AM
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Member
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Join Date: Feb 2008
Posts: 178
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lunch hour on the east coast, quiet..
waiting for a retest of 1.5570
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07-29-2008, 12:07 PM
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Registered User
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Join Date: Jul 2008
Posts: 1
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any ideas for trade levels over the next 24hrs? i will be away and am looking for some targets.
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