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Rag2RichesFX replied Aug 10, 2012Hoping for the big wave down to the rising channel so the RR is huge, Taking partial profits @ 2260/2240 and final @ 2220, might not even make it to the bottom of the channel but I'm willing to risk 3.5 pips on my already green positions to ...
EURUSD
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Rag2RichesFX replied Aug 10, 2012no, 83 is important for bears and im helping to defend (half kidding), probably going to get stopped out though, luckily i took partial so the trade is free. RR is at least 1:10, high end closer to 1:50
EURUSD
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Rag2RichesFX replied Aug 10, 2012Shorted right on the number with stop @86 (0.1 spread, 0.7 comm)
EURUSD
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Rag2RichesFX replied Aug 10, 201283/87 yes, just taking recent levels that price stopped on a dime and reversed
EURUSD
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Rag2RichesFX replied Aug 10, 2012oversold into 2260 (structure support, 4hr BB and bids there), retesting 73-78
EURUSD
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Rag2RichesFX replied Aug 10, 2012Cmon london give us some direction... Added shorts during Asia at 2300
EURUSD
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Rag2RichesFX replied Aug 10, 2012This range is taking forever, hopefully London breaks it up and sends us down.. then I may add some shorts. Thanks for the analysis PT, always reassures me to have your hammer on my side

EurAnalysis
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Rag2RichesFX replied Aug 9, 2012Beautiful R/R... love these type of trades. I think ill go with a 20 pip stop though in case it pierce the lows to take out your stops

Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 9, 2012Its a daily S2 level yes, but I'm not seeing very much structure support around there. Loving the bear flag on 5m so far.
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 9, 2012Just thought I would repost this from a few days back (August 6th). It's still somewhat relevant (areas where bears temporarily retreat and bulls push back) Aussie 30m TF (from Aug. 6th)
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 9, 2012Noooo, very poor R/R when a pair is tanking to long it when you aren't even near support! 105.19 was good for a long scalp due to exhaustion, but still! Need to watch 104.90s/105.00, below there its 104.40s Edit: Hate telling people how to trade but ...
Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 9, 2012
Bulls finally gave up until their stronghold at 104.40Aussie Trading Room and Cartoons Gallery
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Rag2RichesFX replied Aug 9, 2012Lol forget what I said about EURAUD, nasty breakout due to bulls finally giving up on Aussie (For now) Maybe wants to double bottom at 1.16. or retest 1.17 and go lower. anyway not messing with this pair now.
EURUSD
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Rag2RichesFX replied Aug 9, 2012Bias down I am short Still think this move has 2220/00 written on it before a large bounce back to test 2287/2300 Also with good unemployment for Aussie, EURAUD looks like it wants 1.15. Horrible bounce off of 1.16 so far. Looking like bear flag.
EURUSD
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Rag2RichesFX replied Aug 9, 2012Thank you sir! This will help me watch multiple pairs much easier if I just want to see the price but not the chart.


EurAnalysis
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Rag2RichesFX replied Aug 9, 2012Sorry you can't see it, probably because my resolution is large. See ya, hope you had a good day today

EURUSD
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Rag2RichesFX replied Aug 9, 2012I agree about the real pros returning in September. 30 year trader I know took off all of July and August. Then it seems they take another 2 month break during December and January I know exactly why, trading 12/5/365 makes you so burned out that ...
EurAnalysis
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Rag2RichesFX replied Aug 9, 2012How do you get that huge price text in MT4? Thanks
I have limit at 2319 because I don't want it to get missed. It still might not get hit as its only a few pips off the highs. Also added some at 1.23 I like your targets tooEurAnalysis
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Rag2RichesFX replied Aug 9, 2012Need to be very patient with Aussie shorts.. Good unemployment put a little dent into the technical attraction of selling here. Holding onto 105.89. Taking full profit at 104.40/50s as I'm sure we'll see a huge bounce at least, if not trend ...
Aussie Trading Room and Cartoons Gallery