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- BFSGcapital replied May 10, 2012
these bastards do it every time... they just have to take it slightly higher...stopped out within 0.5 of a pip at 2931, t hen the market moved rolled over right after that. im gonna get you soon!! edit: now rallying again. can you say chop chop?
EurAnalysis
- BFSGcapital replied May 10, 2012
short at 61.8 fib retracement of latest move, 2928, tight stop
EurAnalysis
- BFSGcapital replied May 10, 2012
looking like a stop hunt now.. i almost sold 2943 for a high leveraged scalp (15x lev, 3 pip stop). would have been nice to have caught that down move... lol but the way its reversing it seems like a stop hunt
EurAnalysis
- BFSGcapital replied May 10, 2012
i almost got long at 2930. I bet we go more down today unless we test the trendline from 3280 first. what a horrible daily range for Eur.. ill see you all later couple hours before london
EurAnalysis
- BFSGcapital replied May 10, 2012
Very lovely
Just as I thought it may try and make a move higher. Looks like tough resistance at 1.296/7 now, cant believe i didn't notice that and try and add more shorts with a tight stop after it tested that area many times.EurAnalysis
- BFSGcapital replied May 10, 2012
Great new rules. Very necessary. I love Forex! Learn something new every day and its always fun for me to watch candles tick up and down for some reason. I feel like the more I watch it, the more intune I will be with raw PA. But what I forgot to ...
EurAnalysis
- BFSGcapital replied May 10, 2012
Maybe not as much as you think! I'd say a month or so lol.
EurAnalysis
- BFSGcapital replied May 10, 2012
US budget balance doesn't really mean anything to the markets does it.. i think its funny how many news announcements that are made that don't move markets at all.. but i still need my talking-forex. its way too useful not to have it. people make ...
EurAnalysis
- BFSGcapital replied May 10, 2012
well it almost always bounces off the exact level, at least a little bit. If it hits 1.263 we will get at least 100 pip bounce, i am betting
EurAnalysis
- BFSGcapital replied May 10, 2012
never thought of that. everyone is probably waiting until next week to be sure of it
EurAnalysis
- BFSGcapital replied May 10, 2012
yeah.. ill need to take the weekend to set that up
got a lot to take care of with moving to a new brokerage definitely a much better idea. i need a few monitors so i can watch 5m and 15m and some higher time frames at the same time. I often miss ...EurAnalysis
- BFSGcapital replied May 10, 2012
my charts are a mess.... i really need to take 20 minutes and remove old trendlines and such, lol. if i knew more about FX back then i would have shorted 1.338 when it was hit, because that was an even larger down trendline. from 1.348 lol i have ...
EurAnalysis
- BFSGcapital replied May 10, 2012
by large correction i only meant like 100 pips. So we hit 1.285 and bounce and test 1.295 again. I'm just really frustrated for not taking profit near the lows because fear is setting in that its just going to rally until break even.. lol.. we hit ...
EurAnalysis
- BFSGcapital replied May 10, 2012
you guys thinking 1.285 before we see a larger correction? I sure hope we get there because I'm still holding shorts even though I know I should have taken it off the table at the support area 1.293. note the MANY bearish candle sticks in the 30m, ...
EurAnalysis
- BFSGcapital replied May 10, 2012
yeah i guess not. trendline from 3280 comes into play around 1.30-1.3030 depending on how long it takes to get there, maybe a bit lower too. perhaps we test that before we really go lower.
EurAnalysis
- BFSGcapital replied May 9, 2012
Evening and good morning everyone. I have no idea whats going to happen today. Maybe 1.297 and then down more.
EurAnalysis
- BFSGcapital replied May 9, 2012
Trendline from 2970 broken.. but already a new one formed and is holding.. Not that it matters at all really.. just pointing out how important trend lines are, even the smallest of intraday trendlines No volume for 10 minutes than big candle that ...
EurAnalysis
- BFSGcapital replied May 8, 2012
Very true. Maximum reward, minimum capital risk. Kind of why I tried a long at 3004, got stopped out for -6 though Perhaps we have corrected enough already..? Herd mentality would be too look for a higher place to short, so maybe 3065 was it because ...
EurAnalysis