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- BFSGcapital replied May 4, 2012
lol i closed 23 trades today. that was fun, and its still going too, although slower now
EurAnalysis
- BFSGcapital replied May 4, 2012
Long here, 30855 until i find a good spot i want to be short for the weekend

EurAnalysis
- BFSGcapital replied May 4, 2012
Yeah it was just stupid, missed out on 8 pips trying to get short like 5 pips higher than TP. Thats what you call overtrading, and especially when the downmove is that strong, that was pointless to do. Doesn't even want to bounce of 1.3122 right ...
EurAnalysis
- BFSGcapital replied May 4, 2012
Wow i didnt realize how important that level was. It was just a stop hunt the NFP news, we are going down for sure now it seems. Note: ive only been trading FX 6 months, any criticism is highly appreciated

EurAnalysis
- BFSGcapital replied May 4, 2012
i had no reason to get out of being short.. just like booking profits plus the consolidation around 3150. plus the NFP up move made me think no way we retrace more than halfway. now that i look at it theres more clear support at 3135 wow big ...
EurAnalysis
- BFSGcapital replied May 4, 2012
Out of shorts at 3150. Euro back to unchanged for the day edit: that was a mistake

EurAnalysis
- BFSGcapital replied May 4, 2012
I can almost "feel" the tops and bottoms in the market. Its my favorite time to lever up big and know that im right. but i always place a tight stop Ive made over 20 trades today on euro. lots of scalping since nfp
EurAnalysis
- BFSGcapital replied May 4, 2012
Hahaha wow what a nasty 15m pin. Definitely staying short
EurAnalysis
- BFSGcapital replied May 4, 2012
How can it still be so bullish...short again at 1.3175, tight stop
EurAnalysis
- BFSGcapital replied May 4, 2012
My goodness 8minute EMA (yellow line) will not budge! Every time it consolidates to it and then surges. So damn easy.
EurAnalysis
- BFSGcapital replied May 4, 2012
Note how they tried to fake like it was going into bear mode (yellow crossing under gold). Often a great time to go long if its only the 1 minute chart and the 5minute is still strong in bull mode
EurAnalysis
- BFSGcapital replied May 4, 2012
Here's a 5 minute. Note the yellow line and how the market consolidates or pulls back until it hits that (the 8 ema) When markets move extremely fast like they are right now, the 1 minute is better.
EurAnalysis
- BFSGcapital replied May 4, 2012
You know its bullish when pullbacks are stair stepping and breakouts are like taking the elevator If anyone wants my algorithm you can get it free by the way just PM me. edit: again i just mean intraday.. of course euro is still a bear
EurAnalysis
- BFSGcapital replied May 4, 2012
We think in a lot different time frames. I think a lot shorter term i guess. Im short at 1510 now looking extremely exhausted and double topping. But this is just a quick play i expect U.S. will drive it above 1.316. we'll see
EurAnalysis
- BFSGcapital replied May 4, 2012
short now? unless you are scalping. this is super bullish, euro is relatively cheap and oversold especially now. but good luck

EurAnalysis