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EURUSD,H1 Chart Discussion

forexyura
Mar 11, 2014 at 12:00
nah like i sad what i know are early signs so it may not happen but good luck to you i am done going short for now

SupaMonkey
Mar 11, 2014 at 11:56
I still think that it is going to go down, so i have put a limit sell at 854 and i will try again. Yura will be unhappy if i am right :P

SupaMonkey
Mar 11, 2014 at 11:41
Sigh, 5 lousy pips.

SupaMonkey
Mar 11, 2014 at 11:06
Damn i'm good. If i could have just made the original trade stick yesterday i would be laughing right now :)

forexyura
Mar 11, 2014 at 10:14
good job on the trade man what did i tell you as soon as it closed under that support it started falling like a tun of bricks at least for now wonder were it will hit resistance again
Show all 49 comments

forexyura
Mar 11, 2014 at 11:52
next on the checklist the the MACD to cross

forexyura
Mar 11, 2014 at 11:53
dam im not going to sleep anytime soon now :(

SupaMonkey
Mar 11, 2014 at 08:03
Limit sell placed at 55. OCO TP at 3800 SL at 73.

forexyura
Mar 11, 2014 at 08:29
now if it closes above the orange line that is a signal that there might be a trend reversal and the marker could go bull...

forexyura
Mar 11, 2014 at 08:30
that is why you always wait for the next candle to confirm what you think will happen

forexyura
Mar 11, 2014 at 07:39
it is super close to were i would go long that is the kinda of trade i would be looking for

forexyura
Mar 11, 2014 at 08:12
if it does it will not count and you have to wait to get into a short again

SupaMonkey
Mar 11, 2014 at 08:12
Ok, let's see. My first trade using a limit sell.

SupaMonkey
Mar 11, 2014 at 07:39
It's nice to be right. It's annoying to be right and not win :(

forexyura
Mar 11, 2014 at 07:36
ooo whats this green line?

SupaMonkey
Mar 11, 2014 at 07:55
Ok, so now it ihas gone past, you think i should set my limit sell at the orange line?

forexyura
Mar 11, 2014 at 07:55
at that point there is a chance for a strong bear move very good chance it will be profitable cause that is a signal that it passed the resistance and it turned into support many traders will see that and start placing short orders which will drive the price down

SupaMonkey
Mar 11, 2014 at 07:30
Yura, Tell me, given that i knew the price was going to hit the orange line yesterday, how should i have gone about setting up my trade so that i didn't lose, please.

SupaMonkey
Mar 11, 2014 at 07:32
This is the part of my trading that i need to work on. I was dead right, but my entry and SL placement was poor and this cost me.