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Rag2RichesFX replied Aug 2, 2012I don't know if the market cares about credibility. They just care about rumors. Allows a rationale for going long in a bear market (taking profit on shorts) and getting much higher prices for shorting. I think he could do this 100 times in the ...
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Rag2RichesFX replied Aug 2, 2012Covered at 77 on the fade of the spike No big down move today
At least not until the press conference.EurAnalysis
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Rag2RichesFX replied Aug 2, 2012Sick of people trying to tell me how to trade with no rationale behind why they are saying what they are saying. Do I tell you how to trade? Believe me I've been doing this for a while and it works like a charm. This strategy, IMO, is far superior ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Stopped out for minus -5 (5.7) This is my way of trying to get in at the top. Sometimes it works sometimes it doesnt. But I keep my losses small and when I do finally get it, its a good winner and sometimes huge winner, usually 30-100 pips. I sell ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Hahaha that's actually hilarious! He often posts the same things they do (actually I'm thinking of ForexLive), but before they do
Copy right indeed!EurAnalysis
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Rag2RichesFX replied Aug 1, 2012This has been happening to me a lot too. But at least that wasn't a take profit. Or was it a cover so it essentially was a take profit of your short? I see upside limited to 2260/70 This might even be it, and I'm willing to bet 3 pips on it for a ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Stopped out for -1 (1.7 really) so trying again. Short from 48 edit: moved my stop just above that bollinger band, lucky me because it tested it.
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Very easy for posts to get missed. I don't read half of them because I'm not at the computer and if there is pages of new posts when I get back, I don't usually look back to the posts I missed. Intraday/Intraweek analysis doesn't mean it's not still ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Very nice I'm glad someone caught those moves. I'm sure a lot of people from this thread did actually
50 pips, mostly from scalping during London. I only caught 20 pips of this down (2242 to 2222) move as I chickened out on my short from 2328 (i ...EurAnalysis
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Rag2RichesFX replied Aug 1, 20121m bollinger is too tight, something will happen soon. This thing looks like it wants to fall off a cliff once consolidation brings RSIs high enough to short more Curious if Asia will follow through. Upset with myself for not staying short yesterday ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 201270 pip drop in 5-10 mins followed by 40 pip bounce followed by more selling and lots of volatility as scalping long is worth it when RSIs are at 10, lol or do you mean recap of FOMC statement? I know some don't like ZeroHedge but you can't deny ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Yeah the only one I have drawn is the retrace of the 2040 to 2390. You have this fib drawn from the 200 pip day that essentially started the up channel? Edit: Target for today is 1.22 maybe a bit below before it needs to take a breather, IMO Some ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Yikes why didn't I draw that fib! I still don't think it will hold for long.
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Rag2RichesFX replied Aug 1, 20122220 was pretty close to the 50% retracement plus they took out the tight 2525 stops edit: added short from 42 with tight stop
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Rag2RichesFX replied Aug 1, 20122225 should yield a slight pullback with how oversold this is, maybe just another consolidation Have a feeling that is it for the hopium, nobody cares about Draghi when Benny disappointing the way he does. Also with that expected unemployement ...
EurAnalysis
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Rag2RichesFX replied Aug 1, 2012Sitting massively oversold probably will consolidate here before dropping another leg
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Rag2RichesFX replied Aug 1, 2012Posting more charts just to show some scalping opportunities. There's always a way to make pips even when the market seems to be doing nothing
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Rag2RichesFX replied Aug 1, 2012Muahah now I am the PipTrapper
Both ends of the 5m bollinger band
Just fully covered the short is all + a tiny long scalp edit: closed the long premature but still got a few pips only risking a few pipsEurAnalysis
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Rag2RichesFX replied Aug 1, 2012Agreed my guess is it will range as well. Maybe another move to 2335.
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