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plan-b replied Apr 30, 2009I dont know wether its right or wrong,it was an observation. PA is currently in no mans land and if it breaks higher that december tip might prove to be the true trendline
EURUSD
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plan-b replied Apr 30, 2009if you join that high to the tip of december 2008 high the line comes in today at around 1.3625
EURUSD
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plan-b replied Apr 30, 2009just curious,is this line the reason for your topping/reversal call? im on the sidelines waiting for a strong confirmation that a firm top is in place that will take us gradually down image
EURUSD
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plan-b replied Apr 30, 2009maybe when i grow up i will be able to draw like that
all i see on my H4 is a falling channel and a level to watch at 1.33 image EURUSD
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plan-b replied Apr 30, 2009maybe you could explain in english to those of us who cant tell which line you are talking about
EURUSD
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plan-b replied Apr 30, 2009playing around with lines on the daily chart does this mean anything??? image
EURUSD
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plan-b replied Apr 30, 2009good entry if 1.3330 gives way i would have put sl a bit further say 25 pips
EURUSD
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plan-b replied Apr 30, 2009stopped out of my trades im standing aside until next week if 1.34 doesnt hold then 1.355-1.36 is exposed
EURUSD
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plan-b replied Apr 29, 2009woke up to find stops hit on usd/chf and usd/cad nzd/usd is still green SL at BE took EUR/USD short at 1.3326 sl 1.3356 GBP/USD short at 1.4846 sl 1.4906 happy piping y'all
EURUSD
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plan-b replied Apr 29, 2009a few usd long trades with tight stops long usd/chf 1.1360 sl 1.1340 long usd/cad 1.2026 sl 1.1975 short nzd/usd 0.5700 and off to bed!
EURUSD
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plan-b replied Apr 29, 2009I am standing aside and only have a small nzd short open at the moment but i have a feeling that dollar pairs are prime for a pick(long usd) this are the price levels i regret not entering 2 days after the fact, but better safe than sorry

EURUSD
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plan-b replied Apr 29, 2009H4 looks good for a short but it would be better to wait for the rate decision or put your SL after the news.. might try to kiss 1.34 before going down and even that might be a retrace unless something breaks this risk appetite(most stock exchanges ...
EURUSD
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plan-b replied Apr 29, 2009I think his problem is loosing "total money" as opposed to loosing "money" -there is a diffrence and "dont trade at all" aint the solution
EURUSD
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plan-b replied Apr 29, 2009sorry mate, most traders have experienced that at one point. the trick is to learn from your mistakes. trade only on demo accounts until you are confident of your profitabilty. apply money management!!
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plan-b replied Apr 29, 2009if you are already in a long trade then good for you but i dont think now is a good time to enter.. a combination of news and big boys playing can completly reverse that rally
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plan-b replied Apr 29, 2009Everything depends on dollar action post GDP and FOMC With a little patience we might have good areas to buy usd against EUR,CHF,AUD,CAD
EURUSD
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plan-b replied Apr 29, 2009Its all speculation at the moment. traders are buying into the rumor.. if the fed project a positive outlook and signal the end of QE,the dollar will gain against other currencies(and vice versa) if you dont have an open position i would advice you ...
EURUSD