EURUSD M6E/6E Euro

October 17th, 2011, 07:24 AM

rassi

Closing out here, 125 pips = 5r

That trade had an even higher reward-to-risk ratio, although a lower probability (you can't have it all), as you entered early.

My severe compliments.

I am just curious, why did you close it out?

October 17th, 2011, 07:38 AM

Eric j

and theres fib levels at every tick depending on the timeframe and levels used to anchor your fib tool .

absolutely true. :sos:

October 17th, 2011, 07:45 AM

Silvester17

absolutely true. :sos:

That's a very beautiful chart ya got there

October 17th, 2011, 07:51 AM

r3algood

That's a very beautiful chart ya got there

and I only used 2 retracement and 2 extension levels. so I could make it even more beautiful.

October 17th, 2011, 07:54 AM

r3algood

That's a very beautiful chart ya got there

I can easily top that chart.

Note the two strong orange and yellow lines on top. That is what I call resistance.

October 17th, 2011, 08:13 AM

Price hasnt broke through fridays session low . It is however wrapping aroung the low from july so looks like some sellers are jumping in and longs taking their gains .

October 17th, 2011, 08:18 AM

Fat Tails

That trade had an even higher reward-to-risk ratio, although a lower probability (you can't have it all), as you entered early.

My severe compliments.

I am just curious, why did you close it out?

Appreciated.

For my style I entered at the optimum time. I buy when others are selling and visa versa. For my style this enhances probabilitys not detracts from them. ( this does not mean I sold the high btw) my exit was pre planned based on an expected area of demand. This way I know stops and targets before each trade as well as expectancy.

October 17th, 2011, 09:33 AM

rassi

Appreciated.

For my style I entered at the optimum time. I buy when others are selling and visa versa. For my style this enhances probabilitys not detracts from them. ( this does not mean I sold the high btw) my exit was pre planned based on an expected area of demand. This way I know stops and targets before each trade as well as expectancy.

How did you anticipate that expected area of demand, what tools did you use to detect it?

October 17th, 2011, 10:40 AM

Silvester17

absolutely true. :sos:

Attachment 52259

Beautiful ? No, no, no ......no.

Artistic and synthetic ? Ye.....................s.

Lolu

October 17th, 2011, 10:43 AM

Long 3749 spot 15 pip risk

EURUSD M6E/6E Euro

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EURUSD M6E/6E Euro