LIVE TRADING to New Year

Marwan2010 said:
short GBP 1.9597, stop 35 pips

hi marwan, im long from 87, stop at +10,now. looking for 9630 first, then for 9660.

good luck

j

stop to +20 now
 
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jacinto said:
hi marwan, im long from 87, stop at +10,now. looking for 9630 first, then for 9660.

good luck

j

stop to +20 now

out for +20. dont want to give anything back on a week like this. if I see 20 pips i will take them.

next trade.
 
Fabulous thread Marwan, very rare to have LIVE calls on forums.

Keep it up!
 
Marwan2010 said:
well done!

thanks mate. hope your trades do ok.

I hate it when the "big move" happens overnight, i find it much more difficult to trade.
 
smbtnt said:
Fabulous thread Marwan, very rare to have LIVE calls on forums.

Keep it up!

Yes very good thread, keep it up, but it would be nice to have some reasons of the trade.
as it would help us the newbies
 
bhavin said:
Yes very good thread, keep it up, but it would be nice to have some reasons of the trade.
as it would help us the newbies


in my case, see chart.

1) move up retraces to 50%
2) retracement creates trendline
3) break of trend, and pullback on 15 min charts. long 87

target 9630....high of previous move....which unfortunately for me was met after i closed :eek:
Second target 9665....next resistance level if and when 9630 is broken

reason to exit at 9607......holiday week, not willing to give pips back. in hindsight, a mistake, but a profit is a profit.
 
Hi

I've just called it a day for today @ -2 pips for the day on EURUSD. The market has been very quiet today.

In the last few minutes the price has shot up 22 pips in 2 minutes.

My tradestation chart bid price has typically been 3 pips below my broker ask price. There has also been a 4-5 pip difference on several occassions in the last hour. The nrom would be for my brokers ask price to be +2 pips, maximum +3 pips from the TS chart price. I put this down to a quiet christmas week market, inparticular where my broker gets their price data from.

This equates in my mind to unstable/dangerous trading conditions.

I will have another look in the morning and see if things are a bit busier. But I'm starting to suspect that things won't get back to normal until 3rd January.

Merry Christmas
JT.
 
Made 16 pips on this one..... :cheesy:
 

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EUR made Higher low......may be Higher High is next.....
 

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jacinto said:
in my case, see chart.

1) move up retraces to 50%
2) retracement creates trendline
3) break of trend, and pullback on 15 min charts. long 87

target 9630....high of previous move....which unfortunately for me was met after i closed :eek:
Second target 9665....next resistance level if and when 9630 is broken

reason to exit at 9607......holiday week, not willing to give pips back. in hindsight, a mistake, but a profit is a profit.

great analysis, i could have closed my as per your above analysis, and reversed position
a case of @managing the position
well donr jac
 
Marwan2010 said:
euro - short @ 1.3156, stop 60 pips. position trade

am continuing with the shorts, as
- macd divergence 30 min
- break of trendline 3080 - 3160
-rsi below 50

bhavin hope these reaspns help u
 
long 9576, 11 pip stop.

lower median line of pitchfork, and 78% fib of move down from 20th of dec.
 
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jacinto said:
long 9576, 11 pip stop.

lower median line of pitchfork, and 78% fib of move down from 20th of dec.

moving to BE as we speak. could be stoped otut

edit: reason for move to BE quickly is that last leg is down with strength, and can go either way......there is support, but a bit of momentum turns this one into a loser.

edit 2: flat now with no loss. original stop just taken out. it would have been a loser.
 
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Marwan2010 said:
am continuing with the shorts, as
- macd divergence 30 min
- break of trendline 3080 - 3160
-rsi below 50

bhavin hope these reaspns help u

closed euro for + 25 pips
i think it has further to go, but want to bank some more profits
 
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