Go Back   BabyPips.com Forex Forum > Main Discussion > Forextown
Forextown The magical town where all traders can gather together to discuss anything and everything about the Forex. Also, check out our main Forex site for more Forex goodness.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.



Reply
 
LinkBack Thread Tools Display Modes
  #491 (permalink)  
Old 05-26-2008, 12:00 PM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

Quote:
Originally Posted by byteminister View Post
Also watch eur/usd. I think it is a good option to go long
Hey see the screenshot as this was the reason when you said E/U is in position to go long but i favoured for bearish movement ...see both screenshots as 1st one is of the time when you said to go long in a hourly chart and second one is of just now...
PipHacker!!!
Attached Images
File Type: gif xxxeuxxx.gif (15.3 KB, 14 views)
File Type: gif xxxguxxx2.gif (17.7 KB, 15 views)
Reply With Quote
  #492 (permalink)  
Old 05-26-2008, 01:23 PM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

It was a tough day as market seems to me very slow ... No special movement anyways see you guy's tomorrow...Trade well...
PipHacker!!!
Reply With Quote
  #493 (permalink)  
Old 05-27-2008, 12:47 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

Hi morning Guy's Today My eye's are on Usd/Cad & i am waiting for the break of important Support level let's see if it breaks or not...
I,ll go short On Usd/Cad after the break of its important support level hope so it will break but right now movement is very slow coz of opening session... Stll waiting
PipHacker!!!
Reply With Quote
  #494 (permalink)  
Old 05-27-2008, 01:16 AM
Sweet Pip's Avatar
Superior Master Contributor and Member
 

Join Date: Nov 2007
Location: BC, Canada
Posts: 622
Default

Hi PipHacker,

So what's the hack level...oops I mean support level you're watching?

I've got a pivot point at .9898 and a trend line near there

Thanks
Reply With Quote
  #495 (permalink)  
Old 05-27-2008, 01:23 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

OmG!!!
Usd/Cad is still struggling to break it's Support level seems price is fixed at o.9899 from last half an hour lol
Come On do it U/C...
PipHacker!!!
Reply With Quote
  #496 (permalink)  
Old 05-27-2008, 01:37 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

Quote:
Originally Posted by Sweet Pip View Post
Hi PipHacker,

So what's the hack level...oops I mean support level you're watching?

I've got a pivot point at .9898 and a trend line near there

Thanks
Hi SeetPip
I just saw your post well i think its really is an important support level coz now see youself U/C Struck there from last almost 45-Minutes now .. its 0.9890 but for more confirmation of your short entry you may enter at 0.9882 just to avoide from fake breakout. test it on demo...
Maybe waiting for some important fundamentals though not related with this pair but it also may affect this pair let's see
Reply With Quote
  #497 (permalink)  
Old 05-27-2008, 02:01 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

Short On Usd/Cad @ 0.9890
Reply With Quote
  #498 (permalink)  
Old 05-27-2008, 02:04 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Thumbs up

Hope so it will not affected by fundamentals...let's see i,ll post the screenshot's later
PipHacker!!!
Reply With Quote
  #499 (permalink)  
Old 05-27-2008, 02:23 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Default

Hamm seems like retracing back i think i have entered for short little earlier seems U/C Just taste the support level & retraces back. i think i have to enter for short 0.9882 instead of 0.9890
I,ll try to enter later in day may be in this pair again ...Now closed Usd/Cad Position with just -7 Pip's.
Reply With Quote
  #500 (permalink)  
Old 05-27-2008, 02:48 AM
Piphacker's Avatar
Superior Master Contributor and Member
 

Join Date: Dec 2007
Location: Pip World!!!
Posts: 620
Default

Quote:
Originally Posted by Piphacker View Post
Short On Usd/Cad @ 0.9890
Now see the screenshot ...well frankly speaking i was little overconfidence about this short trade as i was very much expecting the strong bearish movement coz U/C On one time seems to struck at 0.9898 /99 for a long time and clearly seems struggling hard for down flow also see that stoch was crossing from overbought area and heading down ...though o.9880/82 was a support line which actually didnt breaks but i was very much sure about bearish movement and enter for short on 0.9890 when price crossed down previous candle but when i see that price just taste its support level & was retracing back than i immediately closed with -7 Pip's though it didnt yet hit my SL but i most of times dont wana hang myself in trades in which price go against me & also see here my 0.9890 entry was not after the break but actaully before the break with my confidence ...
PipHacker!!!
Attached Images
File Type: gif uc.gif (17.2 KB, 8 views)
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


All times are GMT -4. The time now is 09:28 PM.
Content Relevant URLs by vBSEO 3.2.0
"Money can't buy you happiness but it does bring you a more pleasant form of misery."
Spike Milligan