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- RickyRudy replied Jun 18, 2009
It’s looking bleak for those of us waiting for 4000. Here is my 4H chart as of 8:25 NY AM, NY Time. The two dashed lines towards the bottom half of the chart show the triangle that had been forming as of around 3 days ago. The top part of the ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 18, 2009
My 50 fib is the same as yours. However, I'm selling EU at 1.4000 - if it gets there. If it doesn't I'll consider selling at 1.3975. EDIT: Still not in. It got as high as 3990 then dropped to a low of 3905. Then bounced off the upper line of the ...
Epilogue's Trading Journal
- RickyRudy replied Jun 17, 2009
Low, don't beat yourself up. Your entry seems fine as long as you used a 100 pip SL. Of course the ideal entry is still closer to 1.4000 resistance line but nobody knows for sure that it'll get there. At least your entry is in a 50% fib area and ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 17, 2009
I just got back to my computer to see we shot out of that triangle and got as high as 1.3985. It's at 1.3963 now. PLEASE - FOR THE LOVE OF GOD, muster up some energy to get to my target.
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 17, 2009
This thing seems to be in love with triangle ranges of late.
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
I wouldn't call you handicap. Far from it. Your analysis of the market has been excellent the past couple weeks I've noticed your posts. It seems like it's just the timing of your entries or lack thereof that may need some work. Often times that is ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
In SHORT at 1.3860. Hopefully I'm not over trading here. EDIT: I don't feel good about this trade, LOL. I'm going to bail if I get a chance to hit break even and wait to see what happens. If not I'll take my loss. The gains I've had the past few ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
Just got stopped out of my LONG position at 1.3870 for a 65 pip profit.
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
The 4H on my chart ends 1.5 hours from now at 8:00 AM NY time and several news comes out at 8:30 NY Time. Given all that it is a bit premature to declare a pin bar. Your chart might be set differently than mine though. EDIT: Just to clarify, I'm not ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
My LONG position is 68 pips in the green and I've locked in 50 pips of profit. This means it's 18 pips above my SL and seems to be pulling back. We have several news on the USD today so I hope I can avoid being stopped out at least before the news ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 16, 2009
Oh man, I thought you bought at 1.3750. Didn't realize you missed it. Don't beat yourself up too much. It has happened to all of us, most recently with me yesterday when I saw the perfect setup to go short and missed it. You'll have a shot at some ...
Epilogue's Trading Journal
- RickyRudy replied Jun 16, 2009
Posted in epilogue thread around 11:00 PM NY time that I went LONG at 1.3805 on a Buy Stop. Currently something like 50-pip in profit. Don't have time to elaborate at the moment so I may give details into my thought process later. Ha, this posting ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 15, 2009
1.3755. Good luck. Gotta try catch some ZZZZs. I'll check back in when I can.
Epilogue's Trading Journal
- RickyRudy replied Jun 15, 2009
I closed my short earlier today at 1.3791. Now I just saw that my LONG pending order at 1.3805 just triggered. This LONG trade might just be a pull back due to an oversold EUR and we might see another selloff of EURUSD on the way to 1.3600. We might ...
Epilogue's Trading Journal
- RickyRudy replied Jun 15, 2009
Well done JP. Closed my trade at 1.3791 for a profit of 43 pips. I'll be happy with it. 1.3790 also appears to be around the 38% weekly fib. My 50% weekly fib is another 177 pips away around 1.3600. But this thing shot down so fast without any pull ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 15, 2009
Thanks. Yeah, risky trade. Anything here is a bonus. JP, I like your entry a lot better than mine. Your number looked good but Geithner was still speaking at the time I monitored it around that number. I wanted to wait until he finished speaking to ...
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 15, 2009
Market went as low as 1.3779. I moved my SL to breakeven just in case this thing reverses. It's pretty much a free trade for me now. Whoopie, out of the woods with my pants on.
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 15, 2009
Ouch. Oh well, I guess I have to let it play out now.
Jacko's Forex House of Pleasure and Pain
- RickyRudy replied Jun 15, 2009
Am I reading this wrong? What's your reason?
Jacko's Forex House of Pleasure and Pain