EUR/USD extends rally

1.36 or above if 1.2970 is not taken. i've got more posts and an even more ridiculous price target... :d

Quoting Phoenix Mgmt

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so says the person with 1,724 posts and a ridiculous price target

Ignored

Scrat

Mar 23, 2012 11:16pm

yeah dude exactly. it's going up if it's not going down. and backwards. you got it. basically that's how one should trade.
so long story short... here's an example: went long in the mid 1.30 with stop at 1.2970 and tp at 1.36 and above (in the meantime, buying smaller lots on all dips and securing some profits along the way). doesn't look like a statement to me, i'd say it's more like a trade, eh?
anyway. weekend is here, and i'm about to take off. see y'all later...

Quoting Phoenix Mgmt

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so basically it's going up "if" it doesn't go down. gotcha

Ignored

Mar 23, 2012 2:42pm

my last dream was of a major sell off followed by a massive correction.

I wonder if the Illuminati and the aliens are implanting dreams in my sleep now.

Disclaimer: this is not a trade plan. my dreams suggest to me my unconscious intuitions, which have always served me well. trading forex involves a high degree of risk!

Mar 23, 2012 10:57pm

Quoting Scrat

Disliked

1.36 or above if 1.2970 is not taken. i've got more posts and an even more ridiculous price target... :d

Ignored

so basically it's going up "if" it doesn't go down. gotcha

i agree 1.355 is the top of the range and 1.296 is the bottom. it's pretty duh-obvious to note that it's going to either return to the top of the range or the bottom though however. Doesn't take much balls to say it's going to 1.355 IF it doesn't go back to 1.296 rofl eventually you are right no matter what happens with a statement like this

the only thing really worth mentioning, that I've been saying in multiple posts and analyses on ff all year, is that the first clear break past one of these is going to be the biggest event for the eurusd all year. Personally I agree with PIMCO, JPM and the bear crowd. Stated so many reasons so many times I feel like a broken record. Don't care if I'm wrong because the way I trade I won't lose much either way. Good weekend

Mar 23, 2012 11:31pm

Quoting Guest

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Fake Bull signal- big players have removed 90% of short positions for the last time- watch out- double top emerged! ;-)

Ignored

ya i posted somewhere else that this things actually double topped at 3280 twice now on the 1 hour chart.

I'm glad everyone is starting to hop on the bull train! Remember, facts cannot be denied forever. Those buyers could disappear like ghosts ANY day now or finally get confronted by bigger fish. Market can only remain irrational long enough to give the markets true direction better entries while simultaneously stopping out bad traders (ie the majority of traders) and reversing their herd-like sentiments.

I'll reiterate a few FACTS for people with failing memories, just incase anybody wants to know why the huge sell off is coming to a theatre near you:

*Technically a break past 1.355 will be the first reversal of dollar strength since April 2011. Dollars been steadily gaining against euro since 2008 when the financial crisis started, matter of fact. Also, US is now emerging from crisis and euro is still neck deep. You do the math

*REmember LTRO 1? Go look at the date, then look at a chart. Nuff said

*Did Greece bailout + LTRO2 relieve bond market? Not at all. Portugese 10 years completely unaffected. Greek bonds already rising again. Spanish bonds rising again.

*Did Greek bailout +LTRO2 help Euro rally past 1.3485 last time? no. but empty hope will do it this time, because some big money player is here to stay forever and ever. uh huh sure.

*Thursday's economic data was pretty risk-off, yet Friday closed higher than Thursday's high? You smell a fade, bluff, bull trap, hope-manipulated-rally? I do.

/signed
-professional poster and Cheesemaker

Mar 23, 2012 5:55pm

Quoting mima

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It seems that some respodents to forex factory news are professional posters...anyway 1.36

Ignored

so says the person with 1,724 posts and a ridiculous price target

Minde

Mar 24, 2012 8:55am

1.36 will be reached 100%, just the only question when

350pips can happen in 2-3 days,or in 6 months.
with FED position same interest till 2014, definetly 1.36 will be beaten probably even more.

just my opinion.

johnel

Mar 23, 2012 6:15am

oops
http://www.reuters.com/article/2012/03/22/us-usa-fed-idUSBRE82L1A520120322

Hussein1

Mar 23, 2012 4:21am

big game players are playing the market hahaha. always they must suprise u all when u all believe its bearish and u all sell, they buy and push the price all, so u all lose and they gain what u loose. so they take ur money very easily coz they're who change the price. nice game ha!!!!
yeah MARKET MANIPULATORS...!!!

fins93

Mar 23, 2012 4:42am

.... whatever manipulators do.... make decision based on your risk-reward analysis....becoz manipulators manipulate for a day or two...but decision based on risk-reward analysis sustains and would not hurt your account....

Mar 23, 2012 4:44am

i hate to say my entry but manipulators are getting out of hand with crap rumors!

I short at 3289 - come and get me manipulators!!! bastards lmao am sure you will with your 4th wave attempt otherwise.....lmao

Buyers this morning were Russian group.
Russian group are notorious to buy only to sell !!

Mar 23, 2012 5:01am

let's see if will attempt for a retrace from 38.2% from 32530. IF it goes back for 4th wave, I'll double short again from my original short at 3.289.

Y am I so confident? Coz there is a big coporate sell interests backing moi, lmao!!!!!

Manipulators darn good!!!!

BackTestDummy

Mar 23, 2012 5:16am

Quoting jonahky7

Disliked

i hate to say my entry but manipulators are getting out of hand with crap rumors!

I short at 3289 - come and get me manipulators!!! bastards lmao am sure you will with your 4th wave attempt otherwise.....lmao

Buyers this morning were Russian group.
Russian group are notorious to buy only to sell !!

Ignored

We can all 'enter' and post 30 minutes later - I suppose you have moved your 'stop loss' to break even now......LOL

Mar 23, 2012 11:58am

Quoting Guest

Disliked

That's Draghi's non-sense ..

Ignored

Drag-queen needs to score points for himself now as he just ascended to ECB post. But watch what he will say subsequently in 1 or 2months time - when he fully see the accounts of ECB and the depleting ££ ammo ECB has. You bet it will be North for drag-queen.......nah. But let the sovereign bidders live on.

These sovereign bidders are more aggressive and more accurate compared to BIS. They entries are within 10pips SL. For BIS group, it can take up to 20pips SL - thought I let you know what I observed. FYI

powerful bastards they are! be very afraid.

mima

Mar 24, 2012 12:39am

Quoting Phoenix Mgmt

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so says the person with 1,724 posts and a ridiculous price target

Ignored

Yes, I have in avarage 1 post/day (in 4 years)...and you have 13 posts/day( in less then a month)....

Mar 24, 2012 9:46am

Quoting mima

Disliked

It seems that some respodents to forex factory news are professional posters...anyway 1.36

Ignored

And I have been wondering where that 1.36 boy went to? So you are still around!!!! Great to have the 1.36 boy back shouting, lmao!

feminaforex

Mar 23, 2012 3:55am

I can see this breaking the 1.3304 on the daily FIB. Nice bullish rising 3 formation. When successful it may run to 1.3450 & beyond....

Mosmoney

Mar 23, 2012 4:01am

Someone spotted flying PIIGS again???

Grand91

Mar 23, 2012 4:02am

would someone please explain to me why it's bullish on tha market today?

dantebreath

Mar 23, 2012 4:12am

Just 2 word...MARKET MANIPULATION...fufufufu

arofat

Mar 23, 2012 4:19am

dont trust the news, just follow where the price move..

Mar 23, 2012 4:41am

sell eur/usd 3270

Mar 23, 2012 5:18am

Are you short yet?

Quoting BackTestDummy

Disliked

We can all 'enter' and post 30 minutes later - I suppose you have moved your 'stop loss' to break even now......LOL

Ignored

Mar 23, 2012 5:19am

Guess I've made quite a lot of dummy enemies here in FF, lmao! Grow up

jurgenhua

Mar 23, 2012 5:22am

what to say。。。。。。。。。。 just need time

Mar 23, 2012 5:25am

All of a sudden that H&S forming is beginning to look like an inverted H&S. Funny how 1 day of buying can do that.

Slowpips

Mar 23, 2012 5:27am

Agree Lol late wake up

Quoting jonahky7

Disliked

Guess I've made quite a lot of dummy enemies here in FF, lmao! Grow up

Ignored

Mar 23, 2012 5:36am

The 4hour 50 fib off the big down move to 1.30 here. 2nd visit on the retrace

Mar 23, 2012 6:00am

3 red spinning tops followed by what could be a bullish engulfing on the daily. This could squeeze much higher. Bulls tried to buy this last H1 candle green before it closed.

Mar 23, 2012 6:38am

buy to cover 3270 short at 3229. 62 fib off this mornings up move. johnel, thanks for the article

Trader#084F

Mar 23, 2012 11:25am

All b'cos yesterday Draghi spoke "euro is out of danger and now the total focus is to assess inflation " . and the market turned bullish when it was all set to fall ... another retracement before continuing weekly trend .

Trader#084F

Mar 23, 2012 11:39am

Quoting Guest

Disliked

That's pretty sharp shooting to pick off a market top like that. What analysis did you use to arrive at that?

Ignored

that was ADR range ... ADR high is at 3185 and ADR low is somewhere 3165 . both supp. & resis. which does not easily breaks in 1st attempt and usually send prices boucing to other end ... alas ! i just missed this!!

mima

Mar 23, 2012 4:05pm

It seems that some respodents to forex factory news are professional posters...anyway 1.36

Trader#9DFD

Mar 23, 2012 4:40am

Fake Bull signal- big players have removed 90% of short positions for the last time- watch out- double top emerged! ;-)

Trader#4136

Mar 23, 2012 5:03am

Quoting jonahky7

Disliked

I short at 3289 ...

Ignored

That's pretty sharp shooting to pick off a market top like that. What analysis did you use to arrive at that?

Trader#084F

Mar 23, 2012 11:42am

Quoting Grand91

Disliked

would someone please explain to me why it's bullish on tha market today?

Ignored

That's Draghi's non-sense ..

Trader#44E6

Mar 23, 2012 1:54pm

I love forexlive. What was the session high today ummmm 1.3294. Gonna have a great weekend with my profits......

Trader#7F98

Mar 23, 2012 7:29pm