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paul1 replied Oct 12, 2010Last time i heard that type statement , next post was " best move from my keyboard before i blow my account lol. If its big its riskeee
EURUSD
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paul1 replied Oct 12, 2010yep thought earlier if we can get to top of that red candle could pull it down further
EURUSD
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paul1 replied Oct 12, 2010Yep i seen that area at weekend. 1.3500-1.3800 roughly range traded for 6 weeks
EURUSD
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paul1 replied Oct 12, 2010Thankyou buddy I also see a down move to 50% fib test the high at 1.3330 area
EURUSD
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paul1 replied Oct 12, 2010url The last cot report said smart money 100% long retailers 50/50 roughly. were is the report saying smart are short please,I know its like the index. Then the eur/usd pair seperate maybe i misunderstand it. Thanks.
EURUSD
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paul1 replied Oct 12, 2010The last retrace was only about 10 pips an this has 4 pips of hair on its head careful with the shorts. Come on who give it a red bull .
EURUSD
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paul1 replied Oct 12, 2010Dont forget the trader maybe at lunch they be back 1.00--1.30 london time .
EURUSD
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paul1 replied Oct 12, 2010Just thought to myself I seem to spend a lot of time staring at 2-10 red pips. Then I though "yes thats because if they was green you would close/bank the pips" "Then you would open another trade and stare at red pips again lol" Gotta say these ...
EURUSD
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paul1 replied Oct 12, 2010Read something about eur and gbp locked in option expiry levels at the moment, does this sound right?
EURUSD
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paul1 replied Oct 12, 2010Hope it dont go above the open again. My rules say short below, long above ,to keep me in line with daily candles. After all they got close at open ,red or green 3 choices. seems to be a rule some of the better traders have, so Its in mine now.
EURUSD
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paul1 replied Oct 12, 20101.3810--1.3825 nice area to short . Reasons :- 1)open price in the area. 2) 50% fib high low today around 1.8025 3) 50% fib recent leg 1.8010 4) below 5 minute 200 ema.
EURUSD
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paul1 replied Oct 12, 2010Remember yesterday when i told lorna get profitable before scaling up. Thats what I'am doing,I'am up to 2 micro's lol . I just proved to myself without the fear of losing i can make money . By accident i put 2 minis on ,closed the trade checked for ...
EURUSD
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paul1 replied Oct 12, 2010My opinion on your explanation :- Current trade stick to the rules you entered with . stop loss, when to move to break even, target profit. new trade :- Put horizontal line at current highs/ lows decide range trade or breakout . breakout = put order ...
How do you trade support and resistance?
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paul1 replied Oct 11, 2010my view on daily if we break 1.3850 then 1.3800 it may look like a top. only time will tell if it retraces or reverses. Which ever way it goes i hope to be close by pinching pips . goodnight all.
EURUSD
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paul1 replied Oct 11, 2010Not been doing this too long but been in business all my life. I feel that analysis fundamental or tecnical is too give us a feeling of control. In reality we have none. but we can determine our losses with stops. And I agree when we get a ...
EURUSD
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paul1 replied Oct 11, 2010Good luck . Always remember if you are 100% certain of your trade you have a 50% chance of being right always.
EURUSD
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paul1 replied Oct 11, 2010I am quite new ,few months but whats helping me focus is some advise I've taken in :- 1) look for shorts below daily open 2) 200ema below that too 3) pull a fib from daily high low ,if it stays below around the 50% keep short bias 4) pull fib from ...
EURUSD