Currency Trading (Nov 13th > Nov 17th)

[Legion]

well despite The wife announcing The Phone engineers have just cust the line for a few mins to test the line, so i missed the mini markup closed 1.2410,

Short the same, 1.2410 default stop i note is at 1.2433 counter new upturn for the pair so short tern short, looking to get long this afternoon, unless all changes.

anyone note euro numbers how it acts @ 30 & 40/45 as frequent break points continuation points ......?

testing stop level if we get a 15 minute close @ 33 or> i be gone..

euro 1.2819 ? look left 3 or 4 hourlies , is this our salvation...... :|


short 1.2441 overbought again on my setup..

 

[jacinto]

Why fight the trend?

on the otherhand, looks like you are right.

 

[Baruch]

on the otherhand, looks like you are right.

Yes, today the trend is down. And why care about tomorrow?

 

[Baruch]

Yes, today the trend is down. And why care about tomorrow?

I read somewhere that George Soros said to his traders: "If you dont know to do, you can always follow the trend"...

 

[Offshore Trader]

Taken profit on half my position at +100. Stop on rest at +70 :cheesy:

 

[JER08]

Taken profit on half my position at +100. Stop on rest at +70 :cheesy:

Well done OT, way to go.

 

[jacinto]

Yes, today the trend is down. And why care about tomorrow?

It certainly has been a clean move.

 

[Baruch]

Big Ben is the only "system" I know which is profitable. And it's very simple to use.

Big Ben also works fine on FTSE and Dow futures. Just trade the BO from the opening range.

 

[FetteredChinos]

lol, are you sure about that Baruch?

 

[Offshore Trader]

Closed the remainder at 24 for average +89 points. Very nice day after the frustrations of last week.
'Til tomorrow.....

 

[wasp]

Closed the remainder at 24 for average +89 points. Very nice day after the frustrations of last week.
'Til tomorrow.....

Nice one OT, just what you've been waiting for for a while! Me too! Glad to see a good solid profitable move for a change!

 

[ChowClown]

Morning,

This morning's orders: Long 9144; Short 9100.

...short exited @9028 (+72). Nice start to the week for a change. Time for a beer.

 

[JER08]

...short exited @9028 (+72). Nice start to the week for a change. Time for a beer.

That's a good one.

 

[neil]

Big Ben etc - 5 Minute Chart

Yes, today the trend is down. And why care about tomorrow?

Sounds like you caught the down move after 9am?

 

[ChowClown]

...for those that don't already have it:

 

[Baruch]

...for those that don't already have it:

Thank you, Chow. But I trade BB in my own way.

 

[ChowClown]

Thank you, Chow. But I trade BB in my own way.

...yes, i remember the posts a while back. Thankfully there are many freely available, profitable trading methods/strats to choose from to just run with as is or tweak to suit, but like you BO's suit me best.

 

[dc2000]

8990 key level below where DC has his stop (8975 by any chance?)
__________________

Whats a stop???

Baruch, Soros was not talking about a daily trend

 

[jacinto]

Sounds like you caught the down move after 9am?

didnt it trigger at 7 15

(pitchfork, 123, entry at 19130 after break and pullback of blue up trendline, and midpoint between the 2 and the 3, which is also the medianline)

 

[Baruch]

Whats a stop???

Baruch, Soros was not talking about a daily trend

No, maybe not, but whatever time frame we use, we should not fight the trend. It's our friend. You don't fight your friends, do you?