- Search Metals Mine
- toppz replied Jul 8, 2011
The overall trend is still down.. although we might not have much momentum until nfp..so be careful out there we still need some confirmation on the candle before we can have a trend trade, so its more like scalping for now. i took a short on the ...
EURUSD
- toppz replied Jul 7, 2011
whao that's a lot of entries cloggie, did you place then manually??
EURUSD
- toppz replied Jul 7, 2011
i'll just take close it for +15..i have to be on my way... keep picking the pips people... see everyone later
EURUSD
- toppz replied Jul 7, 2011
i almost missed entering on this long trade i was about going out when i saw my charts. i missed the 1st entry @1.43104 but got in on the second (not too bad tho)
EURUSD
- toppz replied Jul 7, 2011
cloggie.. i can imagine how many accounts have been wiped off today.....
EURUSD
- toppz replied Jul 7, 2011
USD news was good for the dollar... the only caution is that we have another news coming out for EUR almost simultaneously... that for me is a clue to be on the sideline
EURUSD
- toppz replied Jul 7, 2011
better to be safe than sorry...opportunities abound in the market, there's alway another chance
EURUSD
- toppz replied Jul 7, 2011
you'r right cloggie. but really it's a painful thing loosing hard earned money in a few mins...it brings back memories of what it was like the first 2 years i started trading
EURUSD
- toppz replied Jul 7, 2011
the other option in a situation like this is to scalp off the lower charts until the upper charts allign...the only caution is that scalping shld be in the direction of the bias (down) and (in this case) entry shld be from upper band or at least the ...
EURUSD
- toppz replied Jul 7, 2011
the 1H chart is still not properly alligned for an entry and the lower charts are boucing off the BB..so it's still a good idea to wait for the perfect entry
EURUSD
- toppz replied Jul 7, 2011
very nice post Maya.. after trading for 5yrs i totally agree with you.. there is no substitute to learning,practice and experience in this business Good job!!
EURUSD
- toppz replied Jul 7, 2011
one thing i have noticed is that when in scalping mode EU is very sensitive to the Bollinger bands
EURUSD
- toppz replied Jul 7, 2011
that was good signal for a downward bias.. this is a good time to scalp some
EURUSD
- toppz replied Jul 7, 2011
ok.. seems we're coming out of consolidation now.. we will have to see what happpens on the next candle.
EURUSD