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- BFSGcapital replied May 29, 2012
just closed my 70 short at 52 :/ don't know why we are seeing so much support here, but we are i guess back below 45 and were going to be in that 2500-2550 range your guess is as good as mine
EURUSD
- BFSGcapital replied May 29, 2012
almost closed position after whatever the hell that random spike was, luckily it was short lived still holding
EURUSD
- BFSGcapital replied May 28, 2012
Kicking myself for not holding my 1.26200 short for more than +35. BFSG means buy fear, sell greed. I literally did that perfect today (well at least with the sell greed part) I'm getting much better at picking target entries and actually sticking ...
EurAnalysis
- BFSGcapital replied May 28, 2012
anyone else notice the 4hr doji top, 1hr bearish engulfing pattern? hard for me to see 1.262 breaking, i think 2595-1.26 might even cap it edit: lol feeling confused, probably just going to range because 1.262 is tough. i dont know what to do right ...
EURUSD
- BFSGcapital replied May 28, 2012
definitely should be a bull day, this secondary trendline is close to breaking, but i still don't see that much upside in in it. 1.264 should cap any decent sort of upmove
EURUSD
- BFSGcapital replied May 28, 2012
So the bears are still in control, imo, as price was slammed twice at the primary trendline (once a few hrs ago)
EURUSD
- BFSGcapital replied May 28, 2012
I wouldn't say that is more important than the channel we have been in for the last month. we actually broke above it when we retraced to 1.282 but then fell back below quickly. Red trendline on the chart is the old channel, that tested and failed ...
EURUSD
- BFSGcapital replied May 28, 2012
Yeah but I think 67 will hold stronger than 81, if 81 breaks back to 95 or 1.26 im thinking
EURUSD
- BFSGcapital replied May 28, 2012
?? i already shorted it for +35, closed at 2585 unfortunately a bit too early but whatever. 1.262 is now a key resistance point as it was the yearly low and was broken last week. also.. no confusion here
EURUSD
- BFSGcapital replied May 28, 2012
tight scalper just want to give my 2cents, if you go for 5% on a trade, you better get that 5% from 50 pips at least (10 x leverage). i know from experience, if you try to make 5% in one day, its going to be tough to do without a lot of pips, or a ...
EURUSD
- BFSGcapital replied May 28, 2012
out at 85 +35, down trend from 2624 has made break to the upside also italy data in 5 min
EURUSD
- BFSGcapital replied May 28, 2012
sometimes resistance isn't hit exactly to the number, my falling trendline was however within a couple pips of it. it really pays to go back to the 1m chart and draw the trendlines perfect, i would say personally i thought the resistance levels were ...
EURUSD
- BFSGcapital replied May 28, 2012
Short 1.262 s/l 1.265 watch the 15m close edit: moved s/l to 1.263 because thats a bit above the trendline 15m closed as doji top, we'll see
EURUSD
- BFSGcapital replied May 28, 2012
i was actually thinking this weekend t hat if FX were anything more than 24/5, i would probably have to quit trading altogether. i stare at these charts 8-12 hours a day full time, then i always have my laptop with me during NZ and Asia hours and ...
EURUSD
- BFSGcapital replied May 28, 2012
Funny how USD rallies MUCH more often in London than it does in NY, if they have an interest in seeing a viable Euro. I think people more have an interest of not seeing their currency savings devalued. If you can't beat em, join em.
EURUSD
- BFSGcapital replied May 28, 2012
I don't feel comftorable going long this pair, especially at 1.26. Maybe on a clear break of 1.262, I will long with a tight stop below 1.262. But still, the resistance is so close, that I see any longs as quite risky trades. With low volume today, ...
EURUSD