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[Lord Flasheart]

1.3436 is a 50% fib level from oct high to jan low

spot on, i should have noticed that,i prefer to use 61.8%

 

[sammmmm]

spot on, i should have noticed that,i prefer to use 61.8%

might make it there yet,great thread btw.

 

[VielGeld]

Good morn.

I see the E/U's had a nice run up here to break 1.34! Can it hold the level or will it sell off?

 

[Lord Flasheart]

Good morn.

I see the E/U's had a nice run up here to break 1.34! Can it hold the level or will it sell off?

ive got strong resistance,hence the trade,but that doesnt mean much these days

 

[Lord Flasheart]

might make it there yet,great thread btw.

thanks,looks good when we get it right

 

[VielGeld]

Long 1.3412 on the Eur/Usd.

 

[Lord Flasheart]

Long 1.3412 on the Eur/Usd.

how could you go against me, at least let it touch the round number first

 

[VielGeld]

Out BE.

Goddammit, what the hell was that PA? It goes my way nicely, then sudden sell spikes for no reason.

 

[VielGeld]

how could you go against me, at least let it touch the round number first

It was going up, lol. I just follow the action.

 

[Lord Flasheart]

having luck with eur trade,surviving because eg is falling rapidly,if cable falls we could be in for a big fall

 

[Lord Flasheart]

problem is i cant see anything stopping cable,no resistance till 1.59

 

[Lord Flasheart]

short eur/usd at 1.3409 sl 1.3425 small measures

have set to take 1/2 off at +10

 

[be-positive]

long eur/usd 13412 trg+10 stop-10

 

[Lord Flasheart]

short eur/usd at 1.3409 sl 1.3425 small measures

-21,ouch,

 

[eabostwest]

-21,ouch,

I can't believe that the eur has done nothing but rise all day and everyone is gambling for the big tumble that still has not come....

 

[VielGeld]

Flash, why not identify a way to get out when you notice a trade isn't working? I think it would substantially reduce your losers.

 

[eabostwest]

Flash, why not identify a way to get out when you notice a trade isn't working? I think it would substantially reduce your losers.

because he is like us all, we don't like what we see, but we still leave the trading going..hoping that it will turn.....

 

[VielGeld]

^ Everyone's got that, but it's not what I mean.

Flash only exits on the stop. For me, my stop has evolved into an emergency measure. As in, power/internet failure. Exits are done manually given what I see on the screen.

For example, he entered at 1.3409, but price ran up to the 25 at least. I'd have bailed long before that because I saw it was pushing up again. Even after selling down 05 it couldn't go further. Too much demand down there. Then boom, it shoots up to the 70. The market was saying it was just waiting for the right moment to rise again, but Flash stuck to the stop for an exit.

So I'm wondering if he wouldn't have a better hit rate by tightening the losers and simply picking more precise entries?

 

[be-positive]

jules looks like you need a pint :cheesy:

 

[ZEN archer]

sell eur/usd 1.3460 stop 1.3477 target 13443