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the redlion replied May 3, 2011what do you mean? it is the Dollar that determines the price of the everything oil, silver,gold, the Eu has a mouth full of trouble, it is either going to bankrupt or fall apart. but do you see the euro rising. because of the weak dollar. if the ...
EURUSD
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the redlion replied May 2, 2011it will enjoy your midget hookers. as long as the house of the United states Emperor is in not in order. gold and silver will rise
EURUSD
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the redlion replied May 2, 2011no targets. let price develop and ride it till the picture changes. trust me its easier that way. forget target, forget the number look at the price in front of you, it will move in waves up and down. it could even turn down into a corrective wave. ...
EURUSD
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the redlion replied May 2, 20115/2/11 2011 opened a buy order to scale in to 5 losts of euros, at the price of 1.48052 with 3 lots in so far with net loss of -$1.73 now added 2 more lots = 5 lots to average of 1.48062 dollars at this time, rationale for opening the trade is in ...
EURUSD
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the redlion replied May 2, 2011true words my friend, but it is arguably that everything in this industry of speculation is "True until it aint" and can cost you big. support and resistance are true until they are not and when they are not, they are called break outs, pretty ...
EURUSD
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the redlion replied May 2, 20115/2/11 @ 4pm closed my short position d/t price speed decreasing and ranging appears to be consolidation, maybe an impulse up move. In order to lock in profits, i closed shorts and await market direction.
EURUSD
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the redlion replied May 2, 2011little secret is that the all move the same direction cable euro and the kangaroo will move the same way dragon, swissy and the loonie move the same way correlation: thats what i mean by laggers when one is lagging you could be almost positive it ...
EURUSD
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the redlion replied May 2, 2011dont have to be a dealer to make money, dont need insider info you need skills
What is your edge?
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the redlion replied May 2, 2011remember we are still in a bull market, it is safer to buy low and if wrong sit on your hands as price might bail you out eventually than to sell low and see the bull charge and take your head off
EURUSD
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the redlion replied May 2, 2011you picked an iffy entry point price has fallen approx 80 pips since 1.49011 and by the looks of it, selling pressure seems to be diminishing as evidenced by decreased, price speed and thrust. it is possible but be aware that a correction might be ...
EURUSD
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the redlion replied May 2, 2011you know one time i was drunk and playing the markets, i just didnt give a f@ck and would enter big postions, because the sh%t i as i called it was moving up. the most profitable day i have ever had. i wont do it to often because i could as well ...
EURUSD
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the redlion replied May 2, 2011true consolidation usually means continuation however, no market moves in one direction either down or up. and by the way the dollar has been moving, i think we are probably seeing a correction in play, however , until price moves into the 1.4700's ...
EURUSD
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the redlion replied May 2, 2011i feel a little dumb now hahahaha but i had that question because ever since i started trading a little over 4 months now. i see things this way, and people say that trading is so hard, and i have to be honest. it gets a little challenging when you ...
EURUSD
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the redlion replied May 2, 2011its crazy lol i swing trade daily positions using the 5 minute candles lol when i speak to other traders they seem to not understand what im saying.
EURUSD
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the redlion replied May 2, 2011i dont think im making my self clear in my question. when i look at price, i look at whats the highest the price has reached, which is in the 1.4900's or so, for the past 2 days or so the market has been ranging from 1.47600 to 1.4900's up and down ...
EURUSD
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the redlion replied May 2, 2011for example im trading in the five minute TF and it looks like the highest price was 1.49011 we are in a ranging market, the rejection from high was about 30 pips and its been moving down ever since 1.48263 is the current price, below a little above ...
EURUSD
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the redlion replied May 2, 2011i mean if lets say, price opened at 1.4800 and you look at the 1 hr it opened at 1.4800 and if looking at your little five minute TF the price moved to 1.4900 it closed to 1.4900 in the 4hr as well. so this is where my confusion lies price will read ...
EURUSD
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the redlion replied May 2, 2011i have a genuine question. why or how do people trade different time frames? i cant seem to be able to trade time frames separately. when i look at a daily candle the price is moving the same way as the 1 minute candle. may be my brain is messed up ...
EURUSD
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the redlion replied May 2, 2011corrective wave coming price having trouble breaking through 1.48200 however i believe we are still moving down. i will keep my original position and short again on down movement. if am wrong i will withdraw whatever profit i have of the table and ...
EURUSD
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the redlion replied May 2, 2011this is my trade so far/ and my supporting analysis 5/2/11 opened sell order 5 lots = $0.50 per pip movement at the price of 1.48715 with strategy of 3 level price scale with total of 15 lots in the market . Market has been ranging between ...
EURUSD