Standard (1)20;2.0

EURUSD

Only made 1 trade this week on the pair went long 1.2650 Monday closed 1.2801 Tuesday. Wrote that a close above 1.2753 yesterday could mean a move higher but it didint close up there. 4 Hour candle is a looong way away from closing but offers the ...

EURUSD

Charts. Close above 1.2753 makes things interesting. Would have to consider 1.33 potentially. Click chart below (Thats not a 5 min chart thatsa Daily) Actually that is my chart from this morning at 1.28 its even stronger

EURUSD

Careful Gator, I know your bias, stay open minded though.

EURUSD

I agree with FX just because I also use 200 or 300 pip stops doesnt mean I dont close losing trades. PA and money flow dictate closing most of my trades. And stops are always adjusted to BE and areas that lock in profits. I really only trade houlies ...

EURUSD

The "move" was to this area. Now is a reset period. Longed 1.2650 yesterday closed 1.2801 today. I dont see any reason to take any posistion long or short here.

EURUSD

And why are you even in the trade? Without a strong conviction that convinces you to put actuall money on it, then screw it close it.

EURUSD

I agree my S/L's are like 200 - 300 pips

EURUSD

I had averaged it down to .5001 and closed the trade this morning at .5032 based on weekly profit goals of my overall account.

NZDUSD Discussion

Had to run my kid to morning pre school but wanted to give a trade update on my two posistions I was talking about earlier. Euro Long 1.2650 closed at 1.2801. NZD Long .5001 closed at .5032. Both trades from yesterday were underwater yesterday ...

EURUSD

I only trade two pairs normally this one and NZD/$$ where i am long at .5000 its flirting with profitabilty right now.

EURUSD

dysan Im putting you on ignore.

EURUSD

Yes i went long yesterday afternoon at 1.2650 kinda for a goof. (Not the most recommended style) and still have it.

EURUSD

When you said the retracement from 1.6180 I figured you were talkign about the High last summer which now that I actually go back was 1.6037 but i figured thats what you were talkingt about as yoru starting high. I dont quote fibo levels as you did.

EURUSD

Of course having said that I do put some signifigance into 1.2750 as well. In fact I think that if it closes above 1.2753 it has the potential to start an upward move to 1.3300 which happens to be a fibo retracement level.

EURUSD

With the 1.618 high there are no Fib retracement lines near 1.2750. With the 1.471 spike there are no Fib retracement lines near 1.2750. What are you talking about ?

EURUSD

Oh ya I see that now. Sorry

EURUSD

Fine be sarcastic, and keep screaming into your pillow.

EURUSD

I have the holy grail for you. Dont trade 5 min time frame.

EURUSD

Thats too bad because I am one of the get rich quick schemers and boy did you just miss out LOL. Wait for a limited time only i will sell 30 more programs to the first 10,000 callers. I am obviously kidding

EURUSD