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- Exsilium replied Nov 17, 2009
Thx for the reply — I have already averaged down as much as I can without risking a margin call with another major movement down. The downward momentum has let up a little, right around the support area. If it goes lower than 1.48 ill have to ...
EURUSD
- Exsilium replied Nov 17, 2009
Good morning!
Not a good night for me, this dip down has been... challenging. I made a beginner mistake, one Ive done several times over the last year, but Im doing it less and less if thats worth anything. Id like some feedback on my current ...EURUSD
- Exsilium replied Nov 16, 2009
Fair enough
My strategy, for what its worth, is to trade only in the direction of the long term trend, then determine when its oversold/overbought and try to hit the fib levels, then counter-hedge my entries with several entries lowering ...EURUSD
- Exsilium replied Nov 16, 2009
Closed Long 1 @ 14980 BE Still open Long 1 @ 14970 (SL @ BE w/ 35 TS) and Long 1 @ 14990 (yes, I know, a little early).
EURUSD
- Exsilium replied Nov 16, 2009
Either Im just lucky, or... My second set of trades 3 lots with an average entry of 14980 is up for a total 20 pips at this writing with a high of 30 pips. SL are BE on the two lower entries and 35 pip TS on all. I will move the SL to BE on the ...
EURUSD
- Exsilium replied Nov 16, 2009
It just touched the top band @ 149859. So according to your post, a breakthrough = bullish signal?
EURUSD
- Exsilium replied Nov 16, 2009
While I understand most of you dont care much for the M5, its breaking out of its shell @ 14978 as I write this, which means Im now at a BE point. Now I just want it to break out of these tightening H1 bands someone mentioned earlier and I can ...
EURUSD
- Exsilium replied Nov 16, 2009
I think I made it to confusing.. I originally had 4 entry points, the last of which was at 14960 which was just under the 38.2. However, I had a 15 pip TS on it which got triggered shortly after and I didnt re-enter at that point ... out of fear ...
EURUSD
- Exsilium replied Nov 16, 2009
Thank you for your response. I assume bands = Bollinger Bands, and a break above 14985 expects some upward movement and a break below 14955 expects some downward movement? Ive always been iffy on BB, as from earlier today, the bottom band was broken ...
EURUSD
- Exsilium replied Nov 16, 2009
Was going off the 23.6 fib level from the 19:15 bar to the high of today. I also had an entry at the 38.2 fib level, but it SL at BE. - The typical indicators (Stoch, RSI and CCI) were in oversold territory on the M15, and while Stoch was overbought ...
EURUSD
- Exsilium replied Nov 16, 2009
My 3 Long @ 1.4980 is struggling here at -14 pips... is it going back up or not..???



EURUSD
- Exsilium replied Nov 16, 2009
Is that a bounce of the 38.2 that I see? Sure hope so, 4 Long at average of 14975.
EURUSD
- Exsilium replied Nov 16, 2009
The long @ 14949 closed at 14973 for an additional +24 pips. Additional Long entered on my ECN account: Long 1 @ 149900 & 1 @ 149800. Buy Limit 1 @ 1.49700.
EURUSD
- Exsilium replied Nov 16, 2009
Awesome week ? — 1. Long 1 @ 14830 2. Long 1 @ 14895 3. SL @ 14940 for a total of +155 pips. 4. Long 1 @ 14949 currently up 50+ pips with a 35 TS @ 14973. Looking for another entry point to add to my long position.
EURUSD
- Exsilium replied Nov 16, 2009
Long 1 at 1.4949 with buy limits every 10 pips lower for till 1.4900. Wanted to get in earlier but was out getting coffee... go figure. Still, made a very healthy 155 pips on my last Long entry that got stopped out on that spike down.
EURUSD
- Exsilium replied Nov 16, 2009
Good thing I got out at 1.4940, its already down to 1.4900! That speech is several pages long, no idea how to interpret it, or how anyone else does.
EURUSD
- Exsilium replied Nov 16, 2009
SL triggered at 1.4940 after the speech. No idea what he said but the market didnt like it, or did, depending on your side of the fence.
EURUSD