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pawpaw1000 replied Dec 1, 2010Now, please tell me what do you see on H1? I see a hanging man with a Bearish engulfing just next to it... What does this mean to 99% of the professional traders out there? SHORT, unless invalidated... What do you do? LONG???
EURUSD
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pawpaw1000 replied Dec 1, 2010why didn't you move s/l to be when you were up a couple of pips?
EURUSD
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pawpaw1000 replied Dec 1, 2010It's not looking good for you... 1st real resistance is 111.00 but 110 might hold. Price looks quite bullish. You're so close to 110 now, might as well place stop at 110.10 and see what happens... NEVER move SL and NEVER enter with too large a lot ...
EURUSD
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pawpaw1000 replied Dec 1, 2010Agreed, especially just above 109 level... But one can understand that someone would do it looking at all the EUR news and maybe BOJ intervention... THere are always reasons to enter, that's the problem

EURUSD
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pawpaw1000 replied Dec 1, 2010My advise, put s/l above 110.07. This way it is above resistance and also allows for EUR to start falling again (I see this happening soon as I'm already short on EUR/CHF (BE) and E/U (s/l - 10) ) but in the future, decide where to put s/l and DO ...
EURUSD
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pawpaw1000 replied Dec 1, 2010We got a perfect hanging man under resistance, we just need confirmation from the next candle... I am risking 30% of my normal 1% risk which means, ALMOST NOTHING although the size of my trade is the same... VERY good RR and the propability is ...
EURUSD
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pawpaw1000 replied Dec 1, 2010Seems like we might be going down
This next candle will confirm... took short with s/l just above High (10 pips)EURUSD
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pawpaw1000 replied Dec 1, 2010Heya Pipchick! Hope all is well... As you can see, got stopped for 30 pips this morning
Am looking to re-enter on the 50% fib retracement for a move back down to 1.2900... As you can see, entry is at 3130 and TP is at 1.2950 with s/l at 1.3170... ...EURUSD
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pawpaw1000 replied Nov 30, 2010Interesting... Think I might wait for the daily close before deciding

EURUSD
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pawpaw1000 replied Nov 30, 2010Thanks Gator... Got a pennant on H1 USD/JPY... will wait for it to break. Got a touch of 61.8% of the last H4 leg up, so am still looking long. Add to that the fact that we broke UTL on daily couple of days back we might be getting Higher High ...
EURUSD
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pawpaw1000 replied Nov 30, 2010Anyone care to comment on this... UCAD has just broken my UTL on Daily, tempted to go long but am not sure how long this Dollar Rally will continue... Also, the news of CANADIAN GDP shrinking might have helped it spike but whether it will continue ...
EURUSD
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pawpaw1000 replied Nov 30, 2010Stopped at BE... Might go short at higher level but watching closely...
EURUSD
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pawpaw1000 replied Nov 30, 2010Interesting, I got 1.3078 as 50% retrace of the whole move... Nice! Thanks for that... Got a nice bounce off the 32.8% retrace soo think we heading down now. I'm gonna put s/l to BE...
EURUSD
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pawpaw1000 replied Nov 30, 2010Hey wormy... I got 3057 as 50% of this last leg down... went short at 38.2% retrace and will add just below 50% with s/l above 61.8%... Reckon there's still ALOT of momentum behind this but am super jittery because of this 1.3 level below us, has ...
EURUSD
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pawpaw1000 replied Nov 30, 2010entered short at 3033... will add at 3050 with both s/l above 3085
EURUSD