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- KumoDragon replied Aug 12, 2011
AT least you are flat, and didn't lose, that's the point of BE. I've found unless you have a damn near perfect entry, even on a trade that eventually go 50-80 pips in your favor, price usually comes back to entry (Or really close) about 2 times. If ...
EURUSD
- KumoDragon replied Aug 12, 2011
Ya I know right. You can just feel the market makers and banks rubbing their greedy hands waiting to wipe stops. I'm short for much the same reason anyone else is 4283 possible bounce to the downside and already had quite a bit of long, with stops ...
EURUSD
- KumoDragon replied Aug 12, 2011
I went short just a bit earlier before news. Still holding. My guess would be they are driving it up just a little bit to trap the bulls, by making it look like a long break, before letting price go short. At least that would be my reasoning from ...
EURUSD
- KumoDragon replied Aug 11, 2011
Watch out for the asian open stop hunt. I'm actually waiting for the open to hit, the stop hunt and a return to 4269 or even 4300 before looking for a short. If it don't happen I'm out till tommorow. Look like you have a decent entry with some pips. ...
EURUSD
- KumoDragon replied Aug 11, 2011
When this range breaks it will most likely be south as there are more stops short to hunt.
EURUSD
- KumoDragon replied Aug 11, 2011
That's why I enter at the extreme high and lows and fade back. More often than not I get some sort of reaction in favor of my trade.
EURUSD
- KumoDragon replied Aug 11, 2011
ya stopped out at +30. Getting close to another short set up for me on the 15M. Might be a little mini 15M double top and drop. Already late in the day dont know if I'll bother with it.
EURUSD
- KumoDragon replied Aug 11, 2011
Ya I got 30 of a 70 pip move locked in. Hoping it breaks short actually. I've been wanting a break of 4100 all week. So, a definate 80 pips for me today.
EURUSD
- KumoDragon replied Aug 11, 2011
I made 1000's pips once. Of course it took 4-6 weeks from a daily trade and was only 10 cents per pip. LOL Wish I had a time machine I'd be rich lol.
EURUSD
- KumoDragon replied Aug 11, 2011
Ah for me it does. I look for extreme levels on the 15M and look to enter and fade from their if everthing else looks good.
EURUSD
- KumoDragon replied Aug 11, 2011
M15 doesn't look bottomed to me. To me it looks like its halfway through a possible short move. Of course it could just be a retrace and more topside, but thats why I'm at Be from +50 short.
EURUSD
- KumoDragon replied Aug 11, 2011
Been there done that, plenty of times. There is where the old worn saying, "never let a winner turn into a loser," comes in. Just remember just because price moves a 50 or even a few hundred pips doesn't mean it can't turn right around a rocket the ...
EURUSD
- KumoDragon replied Aug 11, 2011
Maybe, but I dont think so. I think price is just futzing around 4200 before another leg down.
EURUSD
- KumoDragon replied Aug 11, 2011
LOL ur long at the top ahahaha. Time to double up on your shorts rat is long, so you know longs are gonna fail short term at least. lol
EURUSD
- KumoDragon replied Aug 11, 2011
Now, I'm thinking it will go to 4283 4300, do some wiggle and stop cunting their and go short again.
EURUSD