It's a bearish butterfly. If I bet the farm @ 1.490 (top right wing) then I'll be taking a vacation somewhere now. Well, one can wish. EDIT: Actually it's either a bearish bat or gartley. My bad.

EurAnalysis

Crisis is correct. Crysis is that popular FPS game. To summarize things up, some countries in EZ are in deep debt thus affect the whole EZ. On the other hands, the US want to keep their USD down to control debt, they do this by printing more money. ...

EurAnalysis

Turns out his trade is pretty similar to mine. Isn't his style BO trading, not scalping? My idea of scalping is 1M, 5M and exit with 1-5 pips. I couldn't make it work so I'll scrap it all together and just do BO and swing trade now. My SL is way ...

EurAnalysis

I shorted just a bit below you. Will add more positions if it retraces back up.

EurAnalysis

You sure have some balls to scalp in this condition. I made some losses by scalping already, I guess I'm ill suited to scalping. Back to swing trade I guess. I'm looking at 1.367 and 1.372 level. Nothing's sure until NY open.

EurAnalysis

Again, I agree with you. I never take a call from anyone but myself. Can we stop with this already please? Just let these people be, sooner or later they'll be gone. Can you understand my charts?

EurAnalysis

I think we are on the same page here but to be honest I do find you patronizing others when they don't give charts a bit distracting. Just let them be really. Let's stop the conversation here I guess, I don't want this thread to become like the ...

EurAnalysis

Sorry PipTrapper for going off topic. Like I said, if a person made good calls without giving charts/analysis, does that make his call invalid? If he makes good calls consistently, without giving charts/analysis, does that make his calls invalid?

EurAnalysis

Does a person have to give a chart in every call he makes? I don't care as long as that person gives a good call, that's all that matters in forex. He may or may not want to share his knowledge by sharing charts/analysis, that's up to him. If a ...

EurAnalysis

Trailing take profit. Close the position if profit drops by certain amount of pips, if profit increases, the closing price increases, profit decreases, the closing price stays the same.

LMAX = revolution?!?

No charts on Iphone, only price ticks and position managing. The single most important thing they need to implement right now (to me at least) is trailing TP on web platform. I don't care if the web charting is limited, I trade naked but without a ...

LMAX = revolution?!?

I hate living in Australia, miss out on all the fun with the London and NY sessions. Trade safe guys I'm going to catch some shut eyes.

EurAnalysis

Exactly what I was thinking about in term of requirements. I was baffled why some broker wants a deposit > 10K to trade their ECN platform. And there's some brokers who enforce min volume traffic too, they get on my nerves even more. I'll stick my ...

LMAX = revolution?!?

And I thought I was being overly cautious, good to know I'm not alone.

EurAnalysis

I would like to echo this sentiment also. Unless you have a crystal ball and you know the exact floor, don't go short right now. @PT: if you think there will be a retracement, would you buy? Note I'm not asking for trade confirm or something, just ...

EurAnalysis

I know chasing breakout is bad but it's sure is tempting. 1.366 may get revisited again, easy 30 pips. Or it may shoots up to 1.39 as well.

EurAnalysis

Can't say for sure but bias is short. May go long, depends on PA. EDIT: 1.7 dead on the water.

EurAnalysis

I agree on the fast execution and low spread (E/U can be as low as 0 pip sometimes). Do you have any recommendation for Currenex or STP (either DMA or ECN) broker? I've searched high and low for a good one and couldn't find so I settled with LMAX. ...

LMAX = revolution?!?

Stupid me, I closed my short from 1.380 @ 1.375 already, now I'm kicking myself over it. 1.37 is holding nicely so far (1M candle closed above it). Will wait for retracement and enter again.

EurAnalysis

No, this was caused by the web platform doesn't have trailing taking profit, I didn't want to close a profitable trade just yet, left my trade run overnight and my SL (placed v. high in case of black swan even) got hit by the news. Not to shift the ...

LMAX = revolution?!?