Slightly different today - as with it being Valentine's day - I am looking more again at the pair most traders love - ie the sexy beautiful EU ( joke)
Today - I will "keep it simple" - the KISS strategy ( not my favourite - I prefer more intimacy and involvement - both mentally and bodily- and I like to discover every part of my pairing ;-))
It started "flirting" with me before the Opens this morning and already I could see 3 "crosses" of my LR's /MA's on my 10 min chart - informing me that - it was already for some early action. ( see chart)
So I needed to "undress" this chart and to look what was behind it - in more detail - - yes time to get the tick chart out and check her "heart beat" and breathing -
Yes - I could see - she was ready for it ;-))
Time to start "loading" her - ( not with drink - silly) no - money - SELL SELL SELL.
Now we all know the average "intimate intercourse" session only last 10 -15 mins for scalpers - but I could see more was on the cards
Could this be a long lingering few hours - ie a Hot session - or even a full day ??
To continue - once I get my breath back and we go under 3369
Have a great day - and love the one you are with - it will pay you back ;-)
Comment by Carol Harmer on February 14, 2013 at 10:09am Couldnt have put it better myself lol
Comment by Peter jcp on February 14, 2013 at 10:11am
Comment by Peter jcp on February 14, 2013 at 10:13am LOL - thanks Carol - I am pleased the fairer sex like it as well ;-) - Have a great day xxx
Comment by Peter jcp on February 14, 2013 at 10:27am Under 3346 - EU still a sell - but watch time on low of 3320 - to see if it holds for 30 mins
Comment by Uschi on February 14, 2013 at 10:38am thank you peter for not only teaching but also entertaining us
Comment by Peter jcp on February 14, 2013 at 10:46am ;-) - thank you Uschi - yes - the EU is a "bellissma pair". I am noticing we have already dropped approximately 140 pips since early morning - so above the daily ATR. Price still looks as though it wants a lot lower - but I can imagine profit taking around here and above 3300. Will update again after the hour change - and also hope you have grabbed some pips on the EJ 160 pip fall
Comment by Uschi on February 14, 2013 at 10:58am grabbed pips, but only virtual, trying to learn on demo to dominate "the beast with the whip" ;-)
Comment by Carol Harmer on February 14, 2013 at 11:01am I think trading and T/A should be fun and entertaining as well.....Us on the LIFFE floor did both.....sadly those days are gone now...but you still have to have a sense of humour doing this job....otherwise we would go mad....EU and EJ both well behaved today....and calmed my ruffled feathers after him indoors forgot Valentines Day....Now as we got married in September..you would think...wouldnt you...that he would remember he had a wife ...slaving away upstairs.....am I happy !!!! AM ! .......ah well....S&P's come good as well....So I might just go and get myself some flowers !!!!
Comment by Peter jcp on February 14, 2013 at 11:20am You will get there Uschi - practice will get you as perfect as you can be in the forex game - and then you will have the confidence to keep taking the trades you see.
Only 27 yrs for me Carol - so instead of Valentine cards - its normally solicitors letters ( only joking) - we know we are made for each other - we both love arguing ;-)) - - but I suppose it's OK to have at least one day off a year - enjoy your day and put your massive bunch of flowers and the champagne on the old man's tab ;-))
Comment by Carol Harmer on February 14, 2013 at 11:26am Its not his tab I will put my massive bunch of flowers on...trust me lol
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