"Just Oil"

Apr 29, 2011 at 16:28
55,022 Views
1,794 Replies
Member Since Jan 14, 2010   2279 posts
Mar 26, 2012 at 14:35
closed half position for few pips. will risk only 1%.
Member Since Jan 14, 2010   2279 posts
Mar 26, 2012 at 14:57
closed the rest. too slow for break out.
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 07:29



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xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Mar 28, 2012 at 07:57
EU is waiting for the UK news in 30 min. it is very bumpy on 1 min and 5 min going no where.
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Mar 28, 2012 at 07:59
I guess it is heading up to 1.34. but no guarantee as usual. it may move down to 1.33
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Mar 28, 2012 at 08:02
it is counting >50tick each bar for 1 min in 8 PIP range for half an hour. waiting!
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 08:06
yes, I know e/u and g/u charts do not look correlated as usually. I am watching both. and a/u is also interesting situation.
generally currencies do not move like they used to. remind me of low liquidity stocks actually on many occasions.
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 08:07
i think that previous double top at 1.3484 might be a target. Pivot points are all squeezed. usually on such days if it break S1/R1 it is all the way to S3/R3 and beyond.
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 08:08 (edited Mar 28, 2012 at 08:08)
oil looks like sh*t. this is why I am not taking trades.
it is in the middle of big channel/ range right now.
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 08:39
Brit news pushed eur and gbp down. been watching a/u as well.
I am sticking to my e/u long. g/u looks like too late. a/u might get interesting. possible inverted h&s but it remains to be seen.
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Mar 28, 2012 at 08:39
this is a very well known pattern for me but I did not enter due to news.
It did what it should do. no effect from news. it made the move before news.



Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 08:57
yeah, it's better not to jump to quick conclusion right after news. But I am not buying g/u. just watching. shorting now is not good. risk too high. going long, that resistance round number is close. until it is broken I would not engage. let's see how my e/u long works out. leaving in 40 min. as usually, back to some surprises 😉
Member Since Jan 14, 2010   2279 posts
Mar 28, 2012 at 13:38
got stopped.
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Mar 28, 2012 at 13:43
EU prefer down to 1.3300.
Member Since Jan 14, 2010   2279 posts
Mar 29, 2012 at 08:10
yeah, I was thinking break out. but not yet.
Member Since Jan 14, 2010   2279 posts
Apr 02, 2012 at 07:47
Not trading currently. mostly reading watchng charts when i have time which is now 😉
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Apr 06, 2012 at 11:05
when you will start trading
Member Since Jan 14, 2010   2279 posts
Apr 06, 2012 at 11:12
I will resume demo in the beginning of June and July 1 I will open new account and connect it to myfxbook.
My wife is taking her next exam accountant in the beginning of June and a baby. Since the beginning of June I will have some time so I will demo, but since July 1 i will have all the time hence I will go live. Currently I have very little time to just open platform and check. only time is at night or now as it is long weekend everyone is sleeping but me. Going to YMCA soon. Gotta stay in shape 😉
xenon
forex_trader_67750
Member Since Mar 01, 2012   171 posts
Apr 06, 2012 at 11:14
YMCA?
Member Since Jan 14, 2010   2279 posts
Apr 06, 2012 at 11:19
I take few trades here and there. very few. but it cannot be called trading. in here. Just checking most of the time past price action on 4H- daily charts, reading some books.








YMCA is a local gym organization in Northern America.

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