manu1713006157 Posted March 8, 2012 Author Report Share Posted March 8, 2012 I think price will touch 1.3200- 1.3220.. still no buys for from my side :( Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 8, 2012 Author Report Share Posted March 8, 2012 Eur/Usd current 1.3261 Every short closed.. well 4 days of work yield me $7.8 Great :( what to do now.. Join Bulls.. or wait for a dip... sigh!! whatever... I'm out for a beer. Next..we'll see next day Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 9, 2012 Report Share Posted March 9, 2012 It is now 839PM NYT. I am selling EUR/USD at 1.3263. Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 9, 2012 Report Share Posted March 9, 2012 I am trading with MBTrading $1/pip for this trade aiming at 1.3179 as my target profit. Once I get 30 pips, I'll bring stop to lock it. And my stop will be at 1.3305 roughly about 42 pips. I hope it goes my way! Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 9, 2012 Report Share Posted March 9, 2012 Or I'll get out around 6 or 7AM NYT, if nothing hit. Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 9, 2012 Author Report Share Posted March 9, 2012 ok friend.. I really find your timing entry Interesting.. Hope you tell us more about this. But as for 1.3179.. Looking at this moment..Its very much unlikely that Eur/Usd will even trade below 1.3220-1.3210. Anyhow its just my view..;) I will be out for Today.. first reason is I'm a bit upset about this sudden flip in direction.. second a bit nervous to buy at this high.. and Third is its Holy at my place.. a total mad festival ;) I cannot miss that for this Bloody Mr.Market.. Not Today Hope best for your shorts Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 9, 2012 Author Report Share Posted March 9, 2012 Eur/usd current 1.3268 I think we will be in a Range of 1.3285- 1.3220. Intraday bias could be said as upside. If the uptrend resumes.. possible Targets 1.3420- 1.3460. I have placed 2 buyLimits at 1.3230 stops: 1.3180 target- not settled.. hey Unclepips I have my stops at your Tp ;) Hope you don't mind this. and Its time to Hit the Road.. Today I have plenty of things to do..... Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted March 9, 2012 Report Share Posted March 9, 2012 Eur/usd current 1.3268 I think we will be in a Range of 1.3285- 1.3220. Intraday bias could be said as upside. If the uptrend resumes.. possible Targets 1.3420- 1.3460. I have placed 2 buyLimits at 1.3230 stops: 1.3180 target- not settled.. hey Unclepips I have my stops at your Tp ;) Hope you don't mind this. and Its time to Hit the Road.. Today I have plenty of things to do..... Now it is trading near 200 sma(4hr tf).Lets see it can act as a good support.Yes, if the up trend will continue it is really possible to reach your target 1.3420- 1.3460.Remember,it is nfp day,anything can happen. Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 9, 2012 Report Share Posted March 9, 2012 Or I'll get out around 6 or 7AM NYT, if nothing hit. closed my position with + 43 pips this morning. Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 9, 2012 Report Share Posted March 9, 2012 Hello Manu, Thank you and enjoy your weekend. I trade, mainly, rely on Time. As you can see I want to get more but time tells me to get out between 6AM or 7AM NYT so i did. Long time, it tells me there's a little room left to come down. but smaller Time, says, it's time flip to buy. so there's a conflict and I got out at 716AM NYT. I hope the festival is going well with you. and I hope you take time to enjoy it! ok friend.. I really find your timing entry Interesting.. Hope you tell us more about this. But as for 1.3179.. Looking at this moment..Its very much unlikely that Eur/Usd will even trade below 1.3220-1.3210. Anyhow its just my view..;) I will be out for Today.. first reason is I'm a bit upset about this sudden flip in direction.. second a bit nervous to buy at this high.. and Third is its Holy at my place.. a total mad festival ;) I cannot miss that for this Bloody Mr.Market.. Not Today Hope best for your shorts Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 11, 2012 Author Report Share Posted March 11, 2012 Unclepips I'm getting more and more fascinating towards your trading style... I believe you have a piece of the pie what I Lost in my Last trade ;) But it was a Good call fom your side. and yes chandu Bhai. It happened. But as Looking at the charts the price had decided much earlier what it had to do even before the Big news. watch how it was Hovering around that Intraday support 1.3220 nearby.. since tthe start of European session, price was undecided about the bulls right from then..as if the price already knew about the news and just waiting for it. and the Us-session made an accelartion. But this whole thing Just made me very mad and confusing.. well there is always the next day. Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted March 11, 2012 Report Share Posted March 11, 2012 well there is always the next day Absolutely right. Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 12, 2012 Author Report Share Posted March 12, 2012 Eur/Usd current 1.3090 I'll take shorts Today own.. stops: 1.3190 tp: 1.2860 Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted March 12, 2012 Report Share Posted March 12, 2012 I expect current week's range 1.3320-1.2920.Lets see Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 I want to sell short EUR too, but I probably will not do it until 7AM NYT or so or even 8AM! Hourly chart looks like it has little more room to go up. Though, 50% retracement of 2 previous swings is at 1.3183. I may miss the sell short boat over night tonight, but, that's ok wit me. We'll see! Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 well, it looks like I did miss the sell short EUR/USD boat last night. So 801am NYT, I bought EUR/USD at 1.3104. stop at 1.3093 and profit at 1.3141, not much Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 got stopped out! Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 13, 2012 Author Report Share Posted March 13, 2012 Can You believe this.. I think Mr.Market is very very upset from me.. Look at my stops and then Look at the High It made in this Rally.. It seemed that it went up to 120 pips Just to blow my stops... It was just as one of the chances that I shifted them at 1.3205 (15 pips more from my original stops).. wew.. Relief. and now I'm enjoying my shorts... Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 Good job, manu! Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 13, 2012 Author Report Share Posted March 13, 2012 Thanks unclepips.. but it was more of a matter of chance and small Luck... Nothing to be very happy.. now I will close my every short at 1.3135..If price Goes there Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 The most irresponsible thing that I did was, I was supposed to take that short trade at 7AM or 8AM utilizing 60m chart (referring to post # 65), somehow, by that time 7am, I got some confusing signals, I then start looking at a smaller time frame, I thought I saw a better opportunity to take a long trade. so I did and loss. Manu- my logic is quite simple, any profitable trade is a good trade for me! Like I said, I am not a professional trader. I have a full time job 9-5, which I don't really like, but it pays some of my bills. so with trading, I am trying to build my confident so that perhaps, within the next couple of years, I could do it full time like the rest of you guys. If you guys have good tips, I would love to hear. Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 13, 2012 Author Report Share Posted March 13, 2012 Ok I will tell you something...If you are familiar with elliot-wave..or If you know someone does... Use it for Eur/Usd (only) and timeframe 15 mins (only) and find out how it goes.. and don't ask me How I know this. Quote Link to comment Share on other sites More sharing options...
⭐ Unclepips Posted March 13, 2012 Report Share Posted March 13, 2012 Thanks for your tip. I am not that familiar with it, but I will give it a try. What software do you use it with? Quote Link to comment Share on other sites More sharing options...
manu1713006157 Posted March 13, 2012 Author Report Share Posted March 13, 2012 I cannot use It... well you mat laugh at this.... but I was never been able to Learn this stuff.... and I had been working and testing my system... Its on Grid base and it takes lot of times..sometimes have to watch those trades for weeks. with software e-wave reading will be generally not correct.. those software forcefully mark waves.. You will need to draw yourself. I know this because personally I know someone who trades this very successfully.. and I know he does. He too was surprised why this waves works so well in 15mins. Quote Link to comment Share on other sites More sharing options...
tradershare Posted March 13, 2012 Report Share Posted March 13, 2012 Please post some pics so we could understand what you mean. Thanks in adv. I cannot use It... well you mat laugh at this.... but I was never been able to Learn this stuff.... and I had been working and testing my system... Its on Grid base and it takes lot of times..sometimes have to watch those trades for weeks. with software e-wave reading will be generally not correct.. those software forcefully mark waves.. You will need to draw yourself. I know this because personally I know someone who trades this very successfully.. and I know he does. He too was surprised why this waves works so well in 15mins. Quote Link to comment Share on other sites More sharing options...
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