- Search Metals Mine
- eurusd_trade replied Jan 9, 2014
i agree longer term but i'm not so sure we're going to print above 1.0850 before 10815-10820, there are also some stops at 1.0775. either way, stop buy right above 1.0850, OR sell now and try for lower stops with only 10 pip risk. of course none of ...
EURUSD
- eurusd_trade replied Jan 9, 2014
UC noted stops above 1.0850 however i don't believe the stars are aligned for a break yet, not a big deal even if it does break suggest sell small 1.0840ish flip stop buy above 1.0850, roughly 20-30pip take profit either way/1:1 RR.
EURUSD
- eurusd_trade replied Jan 8, 2014
sticking to the original plan here and taking profit. i'm done for the day. good luck guys.
EURUSD
- eurusd_trade replied Jan 8, 2014
it's 50/50 the number itself. but the fear on the number was for lower USD so there is edge holding short USD before the number i just think u should have a strong rationale to deviate from your original game plan if you have a rule i don't hold any ...
EURUSD
- eurusd_trade replied Jan 8, 2014
why give up so soon? your original target was 1.3610, now you've cut a winner short from itchy fingers even as the fast charts have turned US data momentum has been poor and USD will likely come into pressure into the number, as it already has
EURUSD
- eurusd_trade replied Jan 8, 2014
I disagree, pre-data range trading tends to prevail as stops are often taken out both ways. This breakout lower of 1.36 here is particularly likely to be false because there is still 1.3650 on top, there is no trend established whatsoever on the ...
EURUSD
- eurusd_trade replied Jan 8, 2014
going small long EUR here at 1.3590, i don't trust this mini-break at all with a bunch of impending data and a previous horizontal channel
EURUSD
- eurusd_trade replied Jan 8, 2014
support zone breached in EUR but false breakout/whipsaw possibility is higher than normal
EURUSD
- eurusd_trade replied Jan 8, 2014
watch a possible UC break down here... and a retest... and back below
EURUSD
- eurusd_trade replied Jan 8, 2014
i am trading on faster TF than you (intraday). i couldn't care less about weekly candles except for big key levels. ok edit that's not entirely true that i don't look at the weekly charts. but for what i was posting i'm talking about scalping not ...
EURUSD
- eurusd_trade replied Jan 8, 2014
for me it is still too early to decide what to do in EU, there is no clear established direction atm on the TF i'm looking at, definitely not the most active cross out there... obv support 1.36, res 1.3650 maybe try a long scalp on the support zone ...
EURUSD
- eurusd_trade replied Jan 8, 2014
UC still holding above trendline for now but I guess there will some opportunity to scalp around the 1.08 figure at some point. i did a small cheeky sell at 1.0823 looking for 30 pips.technically it is a bit premature and sometimes this won't work ...
EURUSD
- eurusd_trade replied Jan 6, 2014
horizontal + diagonal break > horizontal break > diagonal break. you can rarely count on more than 10pips after a dbreak before the chopping starts like right now. whatever you want to call it, no man's land, low activity
EURUSD
- eurusd_trade replied Jan 6, 2014
as I said I think there is a risk of hitting 1.3625, so if it manages to get there and trades heavy I will consider a sell rats is already long from 1.36 i guess which is basically just trading the initial intraday downtrend break, although this is ...
EURUSD
- eurusd_trade replied Jan 6, 2014
yikes man, why would you risk 1.3619 for 1.3541? the break lower was at 1.3625, a retest isn't out of the question. i don't think we necessarily make a beeline for 1.3625, choppiness is likely but i personally would not put on that 3:1 trade as it ...
EURUSD
- eurusd_trade replied Jan 6, 2014
I would be careful of a pullback to 1.3625 but I don't see much upside beyond that before 1.3550. This hourly close is ambiguous, I'm flattening out and will just leave the offer at 1.3625 and then see what happens
EURUSD
- eurusd_trade replied Jan 6, 2014
well here's intraday trendline resistance. will we hold above this? sell, ask questions and reevaluate later within the next hour. if it doesn't work immediately forget about it and try again at 1.3625. if there's going to be a true long breakout ...
EURUSD