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Rag2RichesFX replied Aug 3, 2012Is this market a complete joke??? All profits gone from yesterday and now some minor losses. Should have set trailing stops. A miss even that big should not cause that much euro strength. Absolutely insane. Never again will I try to position trade. ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Have you taken a lot of profit since then? Or is most still targeting your full TP (floating?) It's goodnight for me, won't be trading London but I will try to be here for NFP. Difficult for me to see London not smashing this, especially if we get ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Great charts PT and thanks for the recommendations. Did you say yesterday you hit your annual profit target? If so, congrats, must feel really good. Personally I will be surprised if it passes 1.2210/20, RSI on 4hr is nowhere near oversold, and on ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012I only read the image uploaded on the first page. About using very tight stops (2-5 pips) and trying to get the watermark highs of a swing move (even if its just a 10 pip swing). I personally do this into bollinger bands, EMAs, fibs, especially when ...
Central Banks & Big Players
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Rag2RichesFX replied Aug 3, 2012E/U 1hr, check the green trendline, the last uptrend. Also look where the bounce happened from 1.2170. Green trendline and down channel from 1.2690 after that short squeeze at the end of the 2nd quarter (June 29th I think) Purple trendline from ...
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Lows were exactly at the 13.0 fib of 2745 to 2040. I'm seeing 1.2190/1.22 as the peak for this bounce off the lows. Going to test it and fail for the daily close. If not, 1.2220 retest. Just one post, I'm offline again.
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012I use this exact strategy and people laugh at me for it. I just laugh my way all the way to the bank
I use 1 pip, 3 pip and 5 pip stop losses for scalping. 25 pip stop loss when I am 90% sure of success. If I nail the high, I make 50-100 pips, if ...Central Banks & Big Players
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Rag2RichesFX replied Aug 2, 2012HAHAHA... I always planned on not getting married until at least 30-35. Maybe I won't until 50 now
You know what they say, money over bi... Guess its a different story in marriage. OK I'm off for real now, later 
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Maybe when I am married I will understand why you gave into her.
"Honey, 10 more minutes, and we will have more money for you to blow while shopping!" Would have been my excuse.
added the 1/3 partial profit short again at 1.2215 (+30 ...EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Truly outstanding! Did you close them all?


Just took a 1/3 partial profit at 1.2184. Rest will be targetting 1.2050, then getting short on a retrace, then I am copying PTs target 1.16
Although will probably take ...EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Yeah you should put it below the psych level. The initial spike to 1.2390 (eaI had a sell limit for 1.2393, right above 50 fib. Should have put it right below 50 fib. So this time I placed my sell limit at 1.2383. Been there, know the feeling. In ...
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012You have already achieved your annual target? Congrats PT

EurAnalysis
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Rag2RichesFX replied Aug 2, 201240 pips worth of longs at 1.2195 only to lose it all just as quick. That's some volatility.. Usually the blue exhaustion line is good for a sharp reversal (on 1m). But I never pay attention to these on days like this. Here's a 1m chart. Added to ...
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Hard for me to ever take long positions in this pair. But point taken!
Big smiles today, made a killing. Not as much as you but still quite a bit
Where is this baby stopping today? 1.2160/70? 1.21? Anyone's guess, but I for one am not taking ...EurAnalysis
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Rag2RichesFX replied Aug 2, 2012ECB says today was not the right time for a rate cut? When is the right time? 1.16?

EurAnalysis
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Rag2RichesFX replied Aug 2, 2012I almost went long at 2277, but I only covered. That was just plain hilarious. Nice trading Swissy

EurAnalysis
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Rag2RichesFX replied Aug 2, 2012hahah wow.. 2383 short triggered this is about as fast as Ive ever seen the market move
EurAnalysis
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Rag2RichesFX replied Aug 2, 2012He lost credibility a long time ago. Still, if you can make pips off of rumors, and even more off of selling the new high levels those rumors created, why wouldn't you? Also, in the case something positive for E/U actually does happen, they already ...
EurAnalysis