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palabara replied Oct 11, 2012With this chart Can clearly see.. How its been.. making Higher lows! its like a step ladder.. I'd assume its going to go down even lower but thats not how I play the game.. set a goal go with it.. no news for aussie tonight so its all with technical ...
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palabara replied Oct 11, 2012short on the aussie — Just took a short on the aussie 30 seconds ago.. Here is the chart. @ 1.0255 riding it down to 1.0220ish ill explain logic. image
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palabara replied Oct 11, 2012That is a very valid strategy V. It works pretty good,, but suggestion when it does that try to draw a line as to make it as support or resistance.. it will make it easier to track and trace for later especially if its making a comeback. So you know ...
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palabara replied Oct 11, 2012How to make forex work for you — OK, so the big question now everyone has is: *drum roll* I'm making money so everyone wants to know what -- I'm doing.. and replicate it. THE HONEST TRUTH! You can't replicate what, I do.. and How I do it.. ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012Here is a trade, I'm in right now. image So.. The RED Is resistance.. The Blue Is support.. Now.. so the trade.. went upto 1.2940! It wasn't able to break higher.. So it went down lower.. past 1.2930.. and down to 1.2921. Where it found the next ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012I was using that as an example.. News is important.. but out of the blue news can screw your game up. Like this downgrade caught me by surprise. When I say sentiment. I mean market sentiment. In a nutshell where is the pressure leaning towards if ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012example.. — Lets say right now.. *live* Look at the USD/CHF.. Support lays at .9385 (its a small support) nothing to strong but it has been bouncing off it.. It has been trading in a tight range but on average it trades.. 60 pips.. Its about ...
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palabara replied Oct 11, 2012I'll share this.. some people know this others don't.. every hour the last 15 mins and the first 15 mins look at how the currency reacts.. for a scalper! its opportunity every hour.. Personally.. I try to go for a minnimum of at least 10 pips on ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012I can do that.. Most of the time, I'm to lazy lol.. But ill start posting charts. I use multiple systems, but most of the time.. I just eye a position myself and use my system to confirm them.. sometimes, I just pick the signals up from my systems. ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012profit booked.. Done for right now. Good luck everyone tonight, be backs later.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012About to grab profit for the pound and then -- I'm done for the night.. 3 profitable trades is good not going to push it.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012I'll share then lol.. I'm fishing for another short on GBP/USD.. I closed the earlier short and then rode the Euro and now back on the pound again. It will probally be my last one for the night.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 11, 2012has anyone caught any pips tonight so far? anyone fishing right now?
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012this past few days Asia session feels like its the new London session! Range continues to extend and rally in the same direction.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012Its been an interesting day.. at 4 Pm the spain was downgraded, I believe caused the euro to fall from 1.2899 down to 1.2840.. A lot of suprises and stuff happening during illiquid hours, keeping you ready to bang. I'm currently short on GBP/USD ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012I rode it a few times, now im out untill we got some direction.. I picked up a long on Eur/chf there is large buy orders at 1.2100 and small but very beefed up positions could pay very good with very little risk
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palabara replied Oct 10, 2012I agree with that, but..the euro has to move.. and I'm seeing a move up right now.. I can be dead wrong.. I have no magic powers and be like its going up 100%, but.. I think a move up is in the works. I'm holding a long, I don't feel comfortable ...
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012when we get to 1.2880 there is buyers over there which will give a boost up..so if its already moving up + additional buyers will see a move back into 1.29xx -- Btw peoples.. You can throw in your ideas/suggestions/outlooks into too!
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012One of this days.. I'm going to stop trading Asia session and waisting hours of focus.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays
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palabara replied Oct 10, 2012so euro is trading @ 1.2860 -- I belive that the next move will be up.. As far as, I can tell right now.
Scalpers Lounge: for scalpers to share thoughts, ideas, and plays