B
wackypete2
Legendary member
- Messages
- 10,211
- Likes
- 2,058
If I hear this on my next flight I'll be sure to say hi!
"Hello everyone this is your captain. We'll be arriving at our destination soon. The dollar f***'ed me on the way over so I'm down 20 pips. Hehe, sorry about the turbulance, I had to let go of the wheel to cover my pound short. Don't worry about the rough landing, the yen is steady and I'm just keeping my nose up. Have a nice day."
Peter
Lord Flasheart
Legendary member
- Messages
- 9,826
- Likes
- 985
If I hear this on my next flight I'll be sure to say hi!
"Hello everyone this is your captain. We'll be arriving at our destination soon. The dollar f***'ed me on the way over so I'm down 20 pips. Hehe, sorry about the turbulance, I had to let go of the wheel to cover my pound short. Don't worry about the rough landing, the yen is steady and I'm just keeping my nose up. Have a nice day."
Peter
Lord Flasheart
Legendary member
- Messages
- 9,826
- Likes
- 985
It seems like the markets have already started the festive season.:whistling
I may join and forget about the trading till mid January.
Best wishes for Christmas and the New Year.
another early leaver,all the best talk soon
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
If I hear this on my next flight I'll be sure to say hi!
"Hello everyone this is your captain. We'll be arriving at our destination soon. The dollar f***'ed me on the way over so I'm down 20 pips. Hehe, sorry about the turbulance, I had to let go of the wheel to cover my pound short. Don't worry about the rough landing, the yen is steady and I'm just keeping my nose up. Have a nice day."
Peter
20 points i should be so lucky haha
right off down to Macys for some christmas shopping
EURUSD - important res/supp levels for the next 24hours
For the short term I consider EURUSD a little overbought. This is why over the european trading time I don’t expect very much upside. Still, over medium term (4h and daily) I see neutral condition and this is why over the NY session and maybe even early next week the upside tendency could continue.
I see first resistance near 1,3380 but this level could be reach today during NY session. Next resistance comes near 1,3410 and after that only 1,3485 is a possible level (both fibo and previous high).
To the downside I see support near 1,3270 and below that 1,3170 strong support level comes into play.
My opinion is that for the next 24 trading hours we will rather see 1,3380 and possibly 1,3410 than 1,3270.
For the short term I consider EURUSD a little overbought. This is why over the european trading time I don’t expect very much upside. Still, over medium term (4h and daily) I see neutral condition and this is why over the NY session and maybe even early next week the upside tendency could continue.
I see first resistance near 1,3380 but this level could be reach today during NY session. Next resistance comes near 1,3410 and after that only 1,3485 is a possible level (both fibo and previous high).
To the downside I see support near 1,3270 and below that 1,3170 strong support level comes into play.
My opinion is that for the next 24 trading hours we will rather see 1,3380 and possibly 1,3410 than 1,3270.
Last edited by a moderator:
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
we seem to have lost a litttle steam so i will bank my +10 points
target still remains pivot point if anyone has the balls to hold on
wackypete2
Legendary member
- Messages
- 10,211
- Likes
- 2,058
Someone still spamming here.
Peter
Peter
B
Black Swan
Can I ask why you took the UJ, do you scan several pairs looking for your set up and take the trade irrespective of what pair it is?
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
hi black swan
i have six pairs on my radar, eur/usd, gbp/usd, eur/gbp, usd/jpy eur/jpy and aud/usd
alos i trade dax, ftse dow and s and p
i am scanning looking for pin bars of pivots, s1 or s2 either with the trend or against the trend i dont mind
i have another couple of setups to but i find the pins the most successful, it is very easy to spot, stops are easy to place (just under the pin) targets can be judged (either back to a pivot point or what every a major support area)so you know your risk reward
this can all be calculated very quickly when you see a pin
here is my chart of the usd/jpy trade
B
Black Swan
Got ya...btw Dukas are a good firm when you're ready to move away from SB..there's better free charts out there and their platforms are a bit gash, but overall they're 5* imho.
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
pocrel
Senior member
- Messages
- 2,546
- Likes
- 150
i will take my +8
B
Black Swan
not traded much this week, just concentrating on 2 pairs, decisions made off 1/2 hr/1 hr TFs for the remainder of the year, fwiw I reckon there's more downdraft on these 2 today for all the obvious reasons, but heh, "you never know 'til you bet"..
Puked on the cable trade early because it flirted with S2 twice and retraced a touch, puked on the EU trade because I'm a pussy.... Seriously imho the Euro should be getting smashed all over the park, the fact that it isn't meant I'm happy with close on 50 and to call it a week.
Puked on the cable trade early because it flirted with S2 twice and retraced a touch, puked on the EU trade because I'm a pussy...
. Seriously imho the Euro should be getting smashed all over the park, the fact that it isn't meant I'm happy with close on 50 and to call it a week.
