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- Shadowfx replied Dec 16, 2008
Trades all depends on market situations... SL to entry as soon as possible..reason..if it was a wrong entry I either have a "no trade"...and look for a new opportunity or I close it manual when I think it wont reach my projected target... The last ...
EURUSD
- Shadowfx replied Dec 16, 2008
1.3735 was the entry..edited my post...just to avoid confusion...
EURUSD
- Shadowfx replied Dec 16, 2008
Small retrace completed IMO...just added long @ 1.3735..this time with tight SL Just my 2 cents...
EURUSD
- Shadowfx replied Dec 16, 2008
Another tip..in these retrace situations watch your RSI close on the 1min chart....besides the RSI setups on the 1H, 4H and daily.... And have a look at the current 15M trend line...

EURUSD
- Shadowfx replied Dec 16, 2008
With all respect..but even if you are right about shorting...a stop hunt spike will love this ..."with stop at 1.38"....why not set it safer.. If your confident about a short here...either put a very tight SL or a safe one well above 1.38 Imo a very ...
EURUSD
- Shadowfx replied Dec 16, 2008
Resistance tested now between 1.37575 and 1.3772...if it breaks this we free to shoot up towards 1.38 - 1.382 (R1) Watch 1.37575...last resort for retrace down towards 1.374 level... Just my 2 cents...
EURUSD
- Shadowfx replied Dec 16, 2008
Your welcome...my TP for this ride is set at 1.38150 just under R1 @ 1.38180 Moved SL now towards 1.374 around start level of this current break out.. Step by step safe guard your profits... Just my 2 cents...
EURUSD
- Shadowfx replied Dec 16, 2008
I'll give you an example... I have a long in place @ 1.371 My SL is between the 1Hr pivot @ 1.3713 and the 1Hr long re-entry @ 1.372 If both break..I still have a small profit...not what I wanted but safe... If that scenario occurs..I will look if ...
EURUSD
- Shadowfx replied Dec 16, 2008
Good morning all in the USA and afternoon in Europe.. Haven't posted a few days due to the market volatility and research... Just some remarks for newbies...don't jump up and down on every drop or raise you see...learn to read what your charts ...
EURUSD
- Shadowfx replied Dec 12, 2008
I'm short with tight SL....looks like the greenback is picking up some strength...
EURUSD
- Shadowfx replied Dec 12, 2008
USD has gained some strength.. EUR V GBP just reached new high, nearly 0.9 No break out follow up as of yet..DJI pretty stable after opening.... No large reactions in commodities... Hmmm...
...short becomes tempting now....EURUSD
- Shadowfx replied Dec 12, 2008
Smart move...Prelim Consumer Sentiment is positive...what a coincidence..
EURUSD
- Shadowfx replied Dec 12, 2008
2.55pm & 3pm (GMT) last figures for the week.... Looks like we having a small pause before we see any further fireworks...
EURUSD
- Shadowfx replied Dec 12, 2008
First benchmark MR1 @ 1.3374 broken south...if it fails to break it upwards again and with an eye on DJI reactions to open in the next 5 min...I might be tempted to press the short button soon...big question is...will a fall sustain...
...EURUSD
- Shadowfx replied Dec 12, 2008
This going to be very interesting...triple top...or do we break up further... The RSI on the daily, 4H & 1H have room for a continuation of this move... Trade with extreme caution...or stay on the sideline...
EURUSD