hi...if you switch back to the H1 chart you will see that the 0800GMT candle onwards, the pair has broken downwards convincingly and it is now struggling to get upwards. i drew a trendline from 26th oct high to 2nd nov lower high and currently the ...

DanUK Simple EUR/USD Trading Journal 2009

err i am in short at 1.4725 with 100 pips SL on he 4h chart there is no higher high after the last high at 1.5063 on 26th oct. not convinced it's gonna be bullish again. i may be wrong of course. let's sit back and see.

DanUK Simple EUR/USD Trading Journal 2009

use ibfx or do some research there r many big brokers which allows mini lots or even micro.

The WoRmHoLe

i just short the dragon at 147.66 with SL at 148.50 bad move? cos the JApan is having holiday!!! might be wiser to go with cable on hindsight

The WoRmHoLe

Seems like the EUR/USD is headed up for 1.4850. possibly will hit that number during the US session? I am in long 1.4722 @ 0456GMT SL 1.4650 TP 1.4850

DanUK Simple EUR/USD Trading Journal 2009

agree. now is approaching midnight here so i will be waking up for the asian session and see how.

DanUK Simple EUR/USD Trading Journal 2009

sweet. falling towards our 50% fibo now.

DanUK Simple EUR/USD Trading Journal 2009

i understand now. i will wait and see if the price bounce off your 50% fibo. and perhaps i will consider a buy for EU. else if it drops lower i might redraw the fibo from 2nd oct low to 26th high and buy from there. thanks...

DanUK Simple EUR/USD Trading Journal 2009

understand that your fibo was drawn from 12th oct. an't figure out why u drew from there? zooming out of the 4h chart the obvious low was from 2oct so why did you not draw from there? hope you can explain this. thanks

DanUK Simple EUR/USD Trading Journal 2009

hi azmi, what made you decide to go into the trade now? for me i would prefer to wait till cable falls back and break the utl convincingly be4 attempting a sell. if you are already selling now, earlier than me then something must be wrong with my ...

The WoRmHoLe

stopped out at breakeven. =s

The WoRmHoLe

Long GJ at 151.5 # 0407GMT SL at 151.00 TP at 153.00 SL moved to EP at 0600GMT

The WoRmHoLe

haha azim, without revealing too much here, let's say we are neighbours separated by a bridge only. =D hello neighbour.

The WoRmHoLe

i am guessing it's bahasa indonesia? or malaysia azim benar?

The WoRmHoLe

shorted the dragon this morning short at 148.20 @0100GMT SL= 148.80 (experimenting with 60pips) TP= 147.20 spotted a double top formation on the H1 chart while H4 chart looks range bound. I may extend my TP bit by bit if the pair keeps up with its ...

The WoRmHoLe

cr and coolshades, seeing you are a big believer of 50%fibo, i would like to ask yr opinion on gu. currently gu is on what look to be a temporary support on 50%fibo drawn from 5th aug(highest) to 13th aug(lowest) there is also a resistance at thr ...

DanUK Simple EUR/USD Trading Journal 2009

on my h4 chart, price seems to have found temporary support on the 50% fibo if u draw from 5th aug high to 13th oct low. so it seems stuck in a tigh range for now as there is resistance at 1.6450 range

The WoRmHoLe

D is? TL is trendline i know. :/

The WoRmHoLe

gu looks like it is gonna retest my 50%fibo now on the 4hr chart. if it shows a clear break up and above, i guess i will go long on any correction on the 1hr chart. anyone with me on this?

The WoRmHoLe

cr....what are your SL like? i think i am trading in the same manner as u. i draw TLs off the 4h chart but use 1h chart to get in the trend with a fixed 30pips SL. not successful. got burnt this morning on the rebound. guess i have to switch back to ...

DanUK Simple EUR/USD Trading Journal 2009