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  • EUR/USD Breaks Above Falling Trendline Toward 1.29, 50% Retracement

    From fxtimes.com

    Broken trendline: Following yesterday’s (11/21) attack of resistance around 1.2830, the EUR/USD broke higher during the 11/22 Asian-European session, most importantly breaking above a falling trendline and 38.2% retracement. The RSI in the 4H chart also pushed above 60, reflecting loss of bearish momentum established since the decline that began mid-October. As we get ready for the 11/22 US session, the EUR/USD is cracking a previous support/resistance pivot near 1.2880, with the 1.29 handle in just ahead. Note also that 1.29 is 50% retracement of the 1.3138-1.2661 down swing. The US celebrates Thanksgiving, so the ... (full story)

Yes Fan, excellent one more time. Thumbs up!
Up up then down down down
Quoting ibram.forex
Up up then down down down
Is that a reference to EW structure? - Fan
Quoting Minotaur
Yes Fan, excellent one more time. Thumbs up!
Thanks buddy! trade well, just monitoring some trades today, but not likely get too involved. Happy holidays to everyone, trade safe, trade well. - Fan
Good technical post! I'm just curious...who noticed the higher low on Friday the 16th and went long around 1.2700? Would be a nice little profit now.
Quoting Tw0eleven
Good technical post! I'm just curious...who noticed the higher low on Friday the 16th and went long around 1.2700? Would be a nice little profit now.
lol if i remember correct, there was a double bottom combined with a h&s on that Friday. That h&s turned out to a bullish butterfly and the funny thing is i got stopped on that long,5 pips above bottom... But i wouldnt keep that long till now anyway, so...
Hey, time to add to losers right here crew, go ahead!
Thanks Fan, I didn't trade it today because news can come out of Europe any time.
plus its a US holiday so not the best day to trade
Have a nice day
  •  Guest
  • | IP X.XX.144.28
i got stuck in eur/usd trade i sell eur at 2740 2745 2470 have any idea what to do 4 lots n almost 800 is at stake
Quoting Minotaur
Hey, time to add to losers right here crew, go ahead!
Yeah, where is jaygee? He should be ready to add short X5 new. lol
  •  Guest
  • | IP XXX.XXX.88.145
Im long to 1.31. Stop 1.2835. Entered 1.2850. What do you recommend fan?
Quoting Tw0eleven
Yeah, where is jaygee? He should be ready to add short X5 new. lol
Its called emergency radio silence lol
add to eur/usd short 2894 4x. working a turkey for the oven. wont be able to show you how to trade today. you will have to wing it on your own. School is out but make sure your homework is done anyhow. Now sit up in your chair and pay attention. You can hold hands if you get scared.
Quoting Guest
i got stuck in eur/usd trade i sell eur at 2740 2745 2470 have any idea what to do 4 lots n almost 800 is at stake
my price action projection the bull will stop in 1.2910
further bullish movement will likely indicate a continuation... but if it form a swing high.. sell will available to 1.2650 (probably)
Quoting Guest
i got stuck in eur/usd trade i sell eur at 2740 2745 2470 have any idea what to do 4 lots n almost 800 is at stake
Accept some losses by closing half your positions partially, hedge the rest. Your problem is actually your stops, where are they?
Quoting Guest
Im long to 1.31. Stop 1.2835. Entered 1.2850. What do you recommend fan?
Well I don't want to give specifics but 1.31 might be a bit aggressive at the moment, looking at a short-term 1H-4H chart time-frame, I would maybe move my stop up to break even soon, and lock in some profit before 1.30. I would expect some reaction there even if the EUR/USD has turned bullish. But its really up to you whether you want to take the profit early or wait for a shake which involves more risk for more potential reward. There's always a trade-off, and you have to make your own decision there. - Fan
Quoting Minotaur
Its called emergency radio silence lol
A caramba!!!! so far 113 pips x4 in red (452fking pips in RED!) Amazing
Quoting jaygee
add to eur/usd short 2894 4x. working a turkey for the oven. wont be able to show you how to trade today. you will have to wing it on your own. School is out but make sure your homework is done anyhow. Now sit up in your chair and pay attention. You can hold hands if you get scared.
If you cook same way you trade, it will be a terrible thanksgiving for you professor!
Quoting Minotaur
If you cook same way you trade, it will be a terrible thanksgiving for you professor!
Don't you know there is a dish call cold turkey for thanksgiving
Sorry just not digging it tbh. Fan might be a nice guy to have a beer with and all of that but retracements on a 4HR TF? Similarly I'm seeing R1 on my charts at 12909, doesn't take a rocket scientist to note that price may blast through or reject this line, or 12900 given the possible low volume this afternoon and where plenty of buy sell orders will naturally cluster and gravitate.

Quoting otey
can short eur at 1.29???
Quoting Minotaur
Yes Fan, excellent one more time. Thumbs up!
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting jonahky7
Don't you know there is a dish call cold turkey for thanksgiving
lol nope! Professor were you kind enough to invite your crew over for that turkey man? Or you have them sobbing down at the submarines hull?
no but i am having shrimp cocktail for breakfast. anyone care for some. mmmmmmmm. o btw i shorted there because of the 50 fib on the 4h chart. you should try the 4h chart. it is a nice go between for the 60m and daily.
Quoting jonahky7
Don't you know there is a dish call cold turkey for thanksgiving
jonahky does the Market expecting Good conclusion from Euro zone Officials? Why Euro is heading North?
Quoting Spreadbetter
Sorry just not digging it tbh. Fan might be a nice guy to have a beer with and all of that but retracements on a 4HR TF? Similarly I'm seeing R1 on my charts at 12909, doesn't take a rocket scientist to note that price may blast through or reject this line, or 12900 given the possible low volume this afternoon and where plenty of buy sell orders will naturally cluster and gravitate.
R1 on my chart is .28753 and R2 is .29108, is your pivot at .28219? interesting to find out from you coz we have quite a big difference here.

All I know is from morning news is that there are real money offers at .2875/90 area
Jonahky i am short @2725??? since yesterday???
Quoting Dr.Zain
jonahky does the Market expecting Good conclusion from Euro zone Officials? Why Euro is heading North?
There is EU econ summit today, still clinging to a hope of Greece getting the ££ dosh. Sorry Minotaur bud, I still have my doubts on this coz the repercusion is high. But if Greece dont get it, the shit is even higher for Euro zone......
Quoting jaygee
no but i am having shrimp cocktail for breakfast. anyone care for some. mmmmmmmm. o btw i shorted there because of the 50 fib on the 4h chart. you should try the 4h chart. it is a nice go between for the 60m and daily.
Yeah, id like some shrimps, especially those you have there are so fresh right out of the deep seas! how could i say no loool

Not a bad place to short for a scalp i admit, but you know it really sucks when you have all these losers running. Then again, your goal is to get to breakeven. One day. Good luck and happy thanxgiving professor!

PS And i was wondering for years now, what the hell is that H4 button on mt4, thanx for pointing out, cheers!
closed the 4h stick below the 200, nice. be back in a bit. remember minotaur hold jonah ky jellies hand if you get scared. it will be ok
If you want to understand Fan and basic technical(just in case you don't have a Tardis and base your trades solely in news and "fundamentals") go to his previous analysis and then check what happened.

For the participants of "So You Think You Can Trade, Dance or Cook" contest this how I stuffed this year's turkey:

(no it's not Das boot nor a Cena's finisher but if he continues an STFU awaits him)
http://www.youtube.com/watch?v=9B8UBKjttaU
Don't Fight Forces, Use Them.
LOL its not about being scared, it's about us being entertain by mumbo jumbo dumb shouting entries. Have you never figure why everytime for the past weeks n months each time you yack the PA just goes the opposite way and then you do your miracle dance hoping for a breakeven with some pips after weeks if not months of waiting? Mine ur bloody account is bloody loaded, lmao! Y not spare some coins to pay off your national debtr of 16 trillion mega bucks then to throw it away here in forex

All the best to your trades, you will breakeven I'm sure, just add more money to your account like that 1.36 kiddo says
Quoting jaygee
closed the 4h stick below the 200, nice. be back in a bit. remember minotaur hold jonah ky jellies hand if you get scared. it will be ok
lol ok! Dont let that turkey end up burned like your account bud! and which 200 are u talking about, the simple on daily (the one you should be using) is way below at 1.2800 area right now. Anyway, youre the professor what do i know.. Cheers!
Let us trade!!!
Quoting Loadedgun
Let us trade!!!
LG i am short @2725 since yesterday!!!!
MiniJonah, push the 4h button and put a 200 sma on it. Right at the close of the 4h stick, price got run below it.

On a more serious note, i just wanted to take this moment to thank the British for General Cornwallis. His over inflated ego was just what we needed to gain our independence. Thanks again. ok, sweet potatoes are next.
Quoting Dr.Zain
See what I mean? How you doing doc? Euro looks like coming down a bit don't know if that is fine with you given you are short way low. I am not so sure how low it can come just now - but I doubt it will come below 1.284 for sometime.

I read my charts dynamically and avoid static interpretations of the market. That means I have to wait for my regressor to update and read the phase information from the market equation, etc to decide what to do. I would like to take profit as well before the weekend but still watching.
Quoting Minotaur
lol ok! Dont let that turkey end up burned like your account bud! and which 200 are u talking about, the simple on daily (the one you should be using) is way below at 1.2800 area right now. Anyway, youre the professor what do i know.. Cheers!
See the big fart about not passing the ££. This bloke Scheuable is awesome
Quoting jaygee
MiniJonah, push the 4h button and put a 200 sma on it. Right at the close of the 4h stick, price got run below it.

On a more serious note, i just wanted to take this moment to thank the British for General Cornwallis. His over inflated ego was just what we needed to gain our independence. Thanks again. ok, sweet potatoes are next.
Cool now i begin to undrrstand where all these shitty entries of yours come from lol. Keep it up bud!
Quoting Loadedgun
See what I mean? How you doing doc? Euro looks like coming down a bit don't know if that is fine with you given you are short way low.
Now Euro is .2873, and i beg your pardon i am short @2825 not @2725
Quoting jonahky7
See the big fart about not passing the ££. This bloke Scheuable is awesome
Nah matey hes talking about the haircut, not the 44bln
Euro R1? R2?
Quoting Minotaur
Nah matey hes talking about the haircut, not the 44bln
I know bud that's what I meant - I didn't mention 44bln did I lol?
Quoting Dr.Zain
Now Euro is .2873, and i beg your pardon i am short @2825 not @2725
Well all I can say for now is that the Euro is phased down. In other words, people are taking profit more than they are adding to bets intraday. So you look safe at that level for a while - but frankly I am not in a position yet to estimate how far we might go and cannot (and do not like to) advice how best to manage your position. But if I get anything like an estimate of this phase down will let you know. Cheers

PS: When I say phased down - I mean we have a situation of left-hand reversion plays in a right-hand trend. This is usually an intraday phenomenon and corrective. Best ploy I think is to buy dips (for swing trades - not intraday or scalping please).
Hey LG...I really thought you had made a big mistake when you went way out on a limb 3 days ago with this tidbit: "Trust me - it is a very good idea especially if you want to make a lot of money over the next several days if not weeks - Gold, AUD, Euro. Just dump your order and forget the trade. Go celebrate or something.
From now on - when I make a call - you can take it to the bank. But of course in this case I don't know if you or the original poster is a short-term trader. But if you trade swing - then relax, piece of cake." Either you are a madman...or GENIUS! LOL! I'll keep watching of course...Good Luck!
Quoting BaitUp
Hey LG...I really thought you had made a big mistake when you went way out on a limb 3 days ago with this tidbit: "Trust me - it is a very good idea especially if you want to make a lot of money over the next several days if not weeks - Gold, AUD, Euro. Just dump your order and forget the trade. Go celebrate or something.
From now on - when I make a call - you can take it to the bank. But of course in this case I don't know if you or the original poster is a short-term trader. But if you trade swing - then relax, piece of cake." Either you...
You will not be disappointed been working on cracking this stuff a long while - almost there. Cheers

BTW: Others saw it that way and said it too - not just me - 2/11, Fan, TimeTraveller, Even moaf (though late), etc
Quoting jonahky7
See the big fart about not passing the ££. This bloke Scheuable is awesome
You see? I told you Hollande is not a good indicator but MF Schauble is money in the bank. Watch out though as this is valid until he becomes chancellor(by now German taxpayers adore him) and turn worse than his predecessors...
Don't Fight Forces, Use Them.
Quoting Timetraveler
You see? I told you Hollande is not a good indicator but MF Schauble is money in the bank. Watch out though as this is valid until he becomes chancellor(by now German taxpayers adore him) and turn worse than his predecessors...
Too late, I've change the mickey mouse indicator to submarine last night, available for anyone who wants it. That includes mima too - that 1.36 kiddo

But back to real topic, this MF Shoe-ber is fking good, he can command good pips! even scalping.

I have 2 new political candidates - for long, watch for that sexy hot babe deputy PM of Spain, then for short - Shoe-ber!!

WIll see if i can include that indicator to the current one.
mine's the 'real' numbers. Pivot 12823

Quoting jonahky7
R1 on my chart is .28753 and R2 is .29108, is your pivot at .28219? interesting to find out from you coz we have quite a big difference here.

All I know is from morning news is that there are real money offers at .2875/90 area
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting fxtimes
Is that a reference to EW structure? - Fan
I have a story regarding EW structure. I was listening with sympathy to a 20 year of experience Greek retail trader that he used only "news" telling me how many he lost before paying attention to charts and notice a simple structure phenomenon(wasn't even heard of Elliot before that day):

In his exact words as it's a true story: "When the second wave is equal or less than a regular first one, then expect the fifth to internally reach tonsils if you trade against it..."

When I tried to get him familiar with Elliot he sounded like Dennis Gartman(anyone can get huge lessons in just 6 minutes):
http://www.youtube.com/watch?v=pJrDhZGV0Ko&feature=related
Don't Fight Forces, Use Them.
Will he tell us there that yen collapsed due to hitting some magic trend line, or because of boj policy statements on future zirp and qe? 'Cos that's what we used to take 800 pips+ out of yen v Aussie, euro, loonie and sterling over the past seven days. Damn if only I'd found his analysis first, oh well, he who lives can fight another day eh? ;-)

Quoting Timetraveler
If you want to understand Fan and basic technical(just in case you don't have a Tardis and base your trades solely in news and "fundamentals") go to his previous analysis and then check what happened.

For the participants of "So You Think You Can Trade, Dance or Cook" contest this how I stuffed this year's turkey:

(no it's not Das boot nor a Cena's finisher but if he continues an STFU awaits him)
http://www.youtube.com/watch?v=9B8UBKjttaU
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
The VIX looks to be trending down nicely - macd crossover down - we may be in for a decent ride up with the rally in the Euro - just a thought.

MW: Gold is taking forever priming up to take out 1734. Hope it does so before close.
Quoting jonahky7
I know bud that's what I meant - I didn't mention 44bln did I lol?
lol buddy did i say u said about 44bln? I said that duchebag says no haircut, that has nothing to do with the 44bln were about to get (hope so) lol
If they say the 44bln is a no go, its a default, u know what that means!U'll have to hook me up with a nice apartment over there lol
ut oh, more sellers
Quoting Minotaur
lol buddy did i say u said about 44bln? I said that duchebag says no haircut, that has nothing to do with the 44bln were about to get (hope so) lol
If they say the 44bln is a no go, its a default, u know what that means!U'll have to hook me up with a nice apartment over there lol
You will hear that forghorn submarine yacking again soon after he break even, that is IF. I call it the V shaped submarine, when the trend does poop, it keeps on adding longs and wait for a miracle, and when it goes pop it just adding shorts.

A classic V shape submarine

Just spoke of the devil, it's yacking again
Quoting jaygee
ut oh, more sellers
What happened to that poor turkey professor? By the way u need many many sellers to get to breakeven. Doesnt look like ull get that many!
Quoting Minotaur
What happened to that poor turkey professor? By the way u need many many sellers to get to breakeven. Doesnt look like ull get that many!
Well if you remember it's good matey is the 1.36 kiddo and they love to rotate their monitor to adaptively track the PA
what happened to that cartoon character really??

i guess he blew his account after 2 days of trading and got back to work
Anyone know by how much on average the retrace is in the Euro intraday(i.e. in rally mode not range)?
Quoting Loadedgun
Anyone know by how much on average the retrace is in the Euro intraday(i.e. in rally mode not range)?
In rally mode? In my humble opinion never really more than the 23.6% but I'm sure there are plenty of exceptions. You mean after a FOMC or rate decision?
Quoting Loadedgun
Anyone know by how much on average the retrace is in the Euro intraday(i.e. in rally mode not range)?
if it's a strong rally, you typically only get a 33% ratracement of the move or less. Semi strong move typically gets about a 50% retracement. And if the trend isn't strong, you'll get more than a 50% retracement. But those are just my general guidelines from my own experience...I haven't tracked actual stats.
@ Doc. Zain 1.28540 (best estimate)
Quoting Tw0eleven
if it's a strong rally, you typically only get a 33% ratracement of the move or less. Semi strong move typically gets about a 50% retracement. And if the trend isn't strong, you'll get more than a 50% retracement. But those are just my general guidelines from my own experience...I haven't tracked actual stats.
Hey thanks mate I just needed to compare with an estimate I needed to make for doc. Sure those figures you gave are probably very valid for the retracing unit. I just needed to estimate the intraday fluctuation for say someone looking at levels to buy into the rally say to play the market from tomorrow.

Whats your take I say we still going up?
Minotaur will NEVER EVER leave Crete and when(IF) Greece defaults I'll go to his place for both to benefit:

- 6th US Fleet Base(their biggest in Med - figure out the ICBM umbrella)
- 1912-2012 expiration of allies agreement for making Crete being part of Greece and not an independet state(just HK but turning monitor upside down)
- Some billion barrels of low sulfur Oil(like the neighboring Libyan) and some trillion of Gas just 5 n.m. away from beach
- 250+ days of Sun powering the biggest solar plants surface in the Europe that's under construction as we speak
- Huge plantations of olive, grapes and... weed
- Millions of cattle
- The biggest collection of assault rifles in the continent spread to every home to protect their properties. Cretans are really proud people as they don't want the merit Churchill gave them for pinning Nazis and change the tide of WW2 so since they constantly gather & update preparing to get their revenge with clear victory and get rid the mourning black clothes...

Still think he's interested for a West End apartment?

Com'on bud tell them the truth. They deserve that much. Illuminate them and let them to decide what's important and what's not.
This is the news section and people complaint for... fundamentals.
Don't Fight Forces, Use Them.
Quoting Gaaikema
In rally mode? In my humble opinion never really more than the 23.6% but I'm sure there are plenty of exceptions. You mean after a FOMC or rate decision?
You pulling my leg I am sure - you know FOMC or rate decision don't factor. In this market people who need to know invest the bucks to find out what the future is. Not much is a surprise and most people in the business have enough experience and forecasting ability within the Big money group to tell (not to mention scratch my back I scratch yours and the old boy network). In any case there is nothing special coming up with the FOMC - not like QE IV is planned or something - or is it? I do not follow news so let me know just in case it is something I should keep in mind. Thanks
@ Spreadbetter

You forgot to buy rupees to cover losses from that gartley when you tried to buy the retrace of the alpha market of UJ. When that finished you were still afraid because you saw that for 5 consecutive years UJ goes down and didn't had the balls to buy it(just like EU). Instead you shorted majors and run to the exotics to scalp while most of the profit was in EJ's 300 one way in a day where you could bet the farm and take back the whole village without needing to open 10 different pair tabs or turn over a bunch of monitors.

But what's more important is that you NEVER eeeever say something before, you NEVER attack real scams, you NEVER help new traders and ALWAYS are ironically opposed against basic or experienced FREE knowledge begging to take V's from commercial members.

But don't worry I won't ask proof for your bragging as it is a custom today to pardon the likes of you and give you GIFTS in today's posts that'll HELP EVERYONE(submarines & turkeys included):

http://en.wikipedia.org/wiki/Thanksgiving
"Every year, the President of the United States will "pardon" a turkey, which spares the bird's life and ensures that it will spend the duration of its life roaming freely on farmland."

As a Mix style trader with "less than 3 years experience" you can consider me as the President of the United Trades so I spare you and sincerely BEG YOU(you know who of you) to raise white flag or close the hatch and DIVE!
Don't Fight Forces, Use Them.
Quoting Timetraveler
Minotaur will NEVER EVER leave Crete and when(IF) Greece defaults I'll go to his place for both to benefit:

- 6th US Fleet Base(their biggest in Med - figure out the ICBM umbrella)
- 1912-2012 expiration of allies agreement for making Crete being part of Greece and not an independet state(just HK but turning monitor upside down)
- Some billion barrels of low sulfur Oil(like the neighboring Libyan) and some trillion of Gas just 5 n.m. away from beach
- 250+ days of Sun powering the biggest solar plants surface in the Europe that's under construction...
So true bud, good old Minotaur will die right here inside his maze. We also have a decent boat to go fishing everyday bud, youre very welcome to join me anytime defaulted or not.

Crete, well, all a man can do is google it and just go to photos, they speak by themselves.

Cheers bud
Quoting Minotaur
So true bud, good old Minotaur will die right here inside his maze. We also have a decent boat to go fishing everyday bud, youre very welcome to join me anytime defaulted or not.

Crete, well, all a man can do is google it and just go to photos, they speak by themselves.

Cheers bud
Want to know why we are hitting a critical resistance? Coz the 3 amigos MIG, Citi and Noob=gan stanley is about to have their SL taken, thus the new critical resistance - all elite members of the yellow submarine

http://www.forexfactory.com/news.php?do=news&id=396574#post6222779
bahaha guess the laughs aint never gonna stop around here ROFL!
Quoting Minotaur
bahaha guess the laughs aint never gonna stop around here ROFL!
well it's thankgiving day the other side of the pond, some laugther is needed!

My all time favourite, just change the word flowers to pips

http://www.youtube.com/watch?v=pYii6nxhvUk

Enjoy happy thanksgiving to all
er...ok...

Quoting Timetraveler
@ Spreadbetter

You forgot to buy rupees to cover losses from that gartley when you tried to buy the retrace of the alpha market of UJ. When that finished you were still afraid because you saw that for 5 consecutive years UJ goes down and didn't had the balls to buy it(just like EU). Instead you shorted majors and run to the exotics to scalp while most of the profit was in EJ's 300 one way in a day where you could bet the farm and take back the whole village without needing to open 10 different pair tabs or turn over a bunch of monitors.

But...
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting BaitUp
Either you are a madman...or GENIUS! LOL! I'll keep watching of course...Good Luck!
Been thinking about this - I could be both - in fact to reject what everyone else held as gospel was madness - but to now resolve it and prove myself correct with the degree of precision I have (and I mean that in continuum, i.e. I retain the capacity to outperform) - must be genius I guess. But got to stay humble since it ain't over until it is over really (that means until I retire). Cheers
Looks like the 3 amigos SL Mig, citi n famous noobgan stanley may be taken out soon if rumor barrier is broken at .29.

Btw the 3 amigos may have to add another crew to their team after a cold turkey thanksgiving.

Watching levels at .29 rumoured barrier, .2910 .2957 if it ever get that high - eu econ summit can u sink the submarines - yes you can if u work hard enough
Were is Doc Zain? Hope he saw my post on the estimated entry.
O dear the 4 amigos (MIG, citi, noob-gan stanley + submarine) - must be giving them heart attack . So near yet so far. a 30pips pop nice one parasite - go on take these 4 amigoes out. Love to see n trade against Noob-gan stanley.


Hope submarine has a miracle today, am sure there will be a miracle, just maintain your 1% risk and it will be fine submarine. Sooner or later you will breakeven. How many pips out in Red now, lets do a simple cal, ~480pips in red? Cool that's a nice trade profit for you isn't it submarine - oops I should say the V trend submarine! Shouting at all the wrong lines kekeke
Quoting Dr.Zain
Jonahky i am short @2725??? since yesterday???
Sorry I miss you note yesterday, at the moment the market is still clinging to a hopium from the EU econ summit buddy. So it's anyones play at the moment. I don't even know the outcome but from the data n news from late last night, it doesn't looks good. Even brussel sprout Merkel is shouting they need another summit to thrash things out so watch sentiment and news for today. if u can hedge, hedge it otherwise if you can take a bit more beating try to hold to .29575/57 area (but this very much depends on the news coming out from EU econ, if its good then say goodbye to .29575 too) but at the moment it's barrier breaking time north - but I do see it's coliling rather then trending. Everyone is waiting for the econ summit shit.

But if you can't take the bite, you know what to do.

Y didn't you set any SL for your trades?
In any case we are now phased down (regardless of news) - (not dead sure yet but I think this is the full H4 retrace cycle and could be good for about 70 Pips). Does not negate the trend and clearly shows "news" is noise in direction. Not much point following it unless you got no alternative ways to read the market.
Quoting Loadedgun
In any case we are now phased down (regardless of news) - (not dead sure yet but I think this is the full H4 retrace cycle and could be good for about 70 Pips). Does not negate the trend and clearly shows "news" is noise in direction. Not much point following it unless you got no alternative ways to read the market.
Ain't you too kind to submarine???? let it panic a bit more before a down phase bud! That will teach it to be humble in future, which i doubt that will ever happen
O dear the drag-queen jsut farted - ECB reacted proactively.......mmmmmmmm that will move the market a bit

ECB averted a credit cruch - what fk comment is that drag-queen!??

All empty fart to move the market higher hey drag-queen? Get a big fat italiano bonus before ur fking Christmas huh?

.2910 looks risky after these stupid comments - that should scare the living guts out of submarine a bit lol
Quoting jonahky7
Ain't you too kind to submarine???? let it panic a bit more before a down phase bud! That will teach it to be humble in future, which i doubt that will ever happen
In fact taking out the comment - let us trade - ever which way and let those not humble enough to relate so we can all share meet their wata loo - you right mate. No more posts from me on what I think is going on (unless absolutely needed). Cheers.
Quoting Loadedgun
In fact taking out the comment - let us trade - ever which way and let those not humble enough to relate so we can all share meet their wata loo - you right mate. No more posts from me on what I think is going on (unless absolutely needed). Cheers.
Noticed it went quiet AGAIN eversince it shouted entries?
@Loadegun: But, do you think / your analyses tell you that EUR/USD is likely to go down at the moment / in the near term future ???
But in fact I have no dynamic reading for any significant movement yet and those submerged can only pray. The phasing down is still left-hand reversion plays in a right-hand trend that is not standing down. Such that it is still better for short-termers to buy dips and long-terms to nurse profits.
Quoting flying
@Loadegun: But, do you think / your analyses tell you that EUR/USD is likely to go down at the moment / in the near term future ???
In H4 I see no signs yet - rather what I see is a sustained rise (normal with rallies). So what is likely to play most of today is just left-hand corrections (e.g. M1 - M15 down scalps). The push up is showing no signs yet of standing down in my time frame of reference and preference H4. Hope that helps.
Plus in a thin market wild gyrations are in order.
the gbp /usd m5 chart is giving a clue for direction , price dynamics.
@flying

Only an M15 break and close below 1.28650 will suggest some sizable move to around 1.28150. But if you use oscillators you would notice by now significant divergences on the lower scales - which backs my claim of a down phase at this time. With a thin market though such a move (to 1.28150) will catch most off guard - could be sudden rather than gradual.

I really have no conventional way of saying what I see so it is difficult to provide a complete picture since I depend on dynamic not static readings to interpret the market. I think I will stop trying. But hope this gives some sense of what is going on.

PS: I do not use oscillators as such - this assertion about divergences is based on my polynomial regression engine which is projecting vectors turned down M1-M15 at this time vs vectors turned up M30 - D1. Suggesting that a left-hand correction is going on or due. But from vector contours across the feed I must conclude that there is no right-hand constraint to a sustained rise (in other words - the rally is NOT stalled).
OMG.. lol
you sure your blue lines crossing the red line ...L
LG what do you mean M1,M5,M15 and D1???
Time frames 1 minute to 15 minutes and D1 = daily time frame.
can hear the foghorn of a submarine arising to surface to shout very soon - add shorts
Buddies can always check my explorer and give feedback if they want as I'm just learning...
Don't Fight Forces, Use Them.
Quoting Loadedgun
Time frames 1 minute to 15 minutes and D1 = daily time frame.
You mean Candle sticks of 5 minutes 15 minutes and Daily Candles!!!!
LG as i mentioned i am Short @2825 and From Euro Zone News are not +tive and still Euro heading North, this might be due to German IFO data?
Quoting Dr.Zain
You mean Candle sticks of 5 minutes 15 minutes and Daily Candles!!!!
What are you seeing on your timeframe at the moment? I know you are in red at the mo, u ask questions, we try to help but you never reply to my questions. How do you expect us to help?
Yes i am in Loss (RED) i short euro on wednesday @2825
Again first of all you and LG explain for me The meaning of Time Frame? Time Frame means Candles???
Quoting jonahky7
What are you seeing on your timeframe at the moment? I know you are in red at the mo, u ask questions, we try to help but you never reply to my questions. How do you expect us to help?
LG and Jonahky I am a student in Forex Market, if i ask very Basic Question ( like RS,M!,M5,M15 and D1) please don't mind. ok
Quoting Dr.Zain
LG and Jonahky I am a student in Forex Market, if i ask very Basic Question ( like RS,M!,M5,M15 and D1) please don't mind. ok
I don't mind coz I'm learning myself, but try to read response first before asking. It's not the first time you had this
Quoting jonahky7
I don't mind coz I'm learning myself, but try to read response first before asking. It's not the first time you had this
Still i hadn't answer of my Question Sir!!! M1,M5,M15,D1?
  •  Guest
  • | IP XXX.XX.3.45
Hi Dr. Zain,
That means your TIME FRAME for your chart.
M1 is 1 minute time frame chart
M5 is for 5 minute time frame chart
D1 is daily time frame chart
and so on,,,

GG
Quoting Dr.Zain
Still i hadn't answer of my Question Sir!!! M1,M5,M15,D1?
Loadedgun has already answered your question, but I don't think you really paid attention to it at all. Sometime I thought you know what u are doing when you contribute to ff but sometime I have 2nd thoughts coz you sounds lost.

Time frame => what indicators do you use on your charts? E.g if you use 50 & 100 MA, then you will be looking at the crossover of 50 & 100 SMA for short or long, for ma I tend to use M30. You can look at the timeframe for M1, or M15 for entry. Use M1 for scalp

If you are looking at D1, ie daily, it will be better to look at 200 SMA

Hope this make sense, let me get back to my trade now coz .2910 looks to be pop, so becareful and consider what I told you this morning in regard to holding ur shorts at .2825
Quoting Dr.Zain
Still i hadn't answer of my Question Sir!!! M1,M5,M15,D1?
Dr, sorry to intervene here and with all the respect, how and why did u place a short on euro without so basic knowledge needed? M1-M15 etc are the time frames for your chart. 1 candle closes each minute on the M1, 1 candle closes each day on the D1 and so on.

Please, go to babypips.com and get through all the classes there before you even think placing an order again on a live account. And babypips stuff is still very basic, its just something easy to read on the web. Just my thoughts here, cheers
Quoting Minotaur
Dr, sorry to intervene here and with all the respect, how and why did u place a short on euro without so basic knowledge needed? M1-M15 etc are the time frames for your chart. 1 candle closes each minute on the M1, 1 candle closes each day on the D1 and so on.

Please, go to babypips.com and get through all the classes there before you even think placing an order again on a live account. And babypips stuff is still very basic, its just something easy to read on the web. Just my thoughts here, cheers
Thanks bud, I didn't want to go to that basics coz I thought Zain has better experience but think you may be right on this. Cheerio.

On hind side, foghorn coming soon.
Thanks LG jonahky and Minotaur for the help?
See Post#94 i did mention that M1,M5(5 minutes candle) and D1( Daily candles) ans so on!!!
Thanks again JONAHKY about your comments, no one born with the knowledge, any how thanks
We are in that part now - where nobody wants to take long-trades even short-term scalps (better to watch PA). From now on till we dip significantly one wants to watch for a dip carefully. And this situation presents two trades.

1) The dip (up to 50 or so Pips) for anyone who cares.

2) The bounce for joining trades (long or short-term) in the ongoing rally.

My best estimates for the drop terminal zone is in the range 1.28377 - 1.283160. In terms of timing I really cannot say. But a key indicator to enter a trade down would be P < 1.28920. At that point (if and when we get there) we are going down for real. I am taking profit now to rejoin around that projected bounce.

May or may not scalp the projected drop. Will have to do with timing - if it carries on like this until close and shows signs of dropping over the cliff on open next week will not enter down (seeing is believing) but if I see price below the indicated level at any point before close will take the trade.
Quoting jonahky7
On hind side, foghorn coming soon.
you can bet your ass on that, next adding will take place at 2925 then at 2960, then were gonna have a wire tranfer to the account, and then well have an add at 2990. Its all about 1% risk, yeehhaaa!
Quoting Minotaur
you can bet your ass on that, next adding will take place at 2925 then at 2960, then were gonna have a wire tranfer to the account, and then well have an add at 2990. Its all about 1% risk, yeehhaaa!
My ass is your ass too buddy! Don't forget professor V trend submarine still believes you and me are 1 - how fking scary and obscure!
Quoting Dr.Zain
Thanks again JONAHKY about your comments, no one born with the knowledge, any how thanks
what is the lot size u shorted at ?
As I was writing that last post saying not to go up - price was spiking - but I have taken profits and I am convinced we need to touch base before I will feel fine with a long term trade again.

BTW: Does anyone think 1.29600 is possible on the day? This is crazy but it is a rally by definition
Quoting jonahky7
what is the lot size u shorted at ?
about 300$ loss
Quoting Dr.Zain
about 300$ loss
i'm asking ur lot size not loss
  •  Guest
  • | IP XX.XX.84.212
Quoting Loadedgun
As I was writing that last post saying not to go up - price was spiking - but I have taken profits and I am convinced we need to touch base before I will feel fine with a long term trade again.
At first I thought you were full of hot air (and yourself) and were bullish "just because". Now I see you really do "play the charts" and pretty well I might add. (A couple wrong calls here and there but mostly short term timing rather than overall wrong calls). Or maybe it's just my ego that likes you because we took long profits at roughly the same point without any sadness for missing this last spike up. (It's begging for a retrace.)

Although I have to wonder, something smells really fishy to me about this whole move up from 1.26 area. I don't know why, but the way price is moving SO bullish doesn't sit well with me. With this kind of movement it seems it's either getting ready to shoot the moon (1.36+) or reverse and crash hard (1.20-). Any predictions? I guess in the the end we'll just keep playing the charts....

Thanks for all the good analysis!
30,000 Euro/USD
Quoting Loadedgun
As I was writing that last post saying not to go up - price was spiking - but I have taken profits and I am convinced we need to touch base before I will feel fine with a long term trade again.

BTW: Does anyone think 1.29600 is possible on the day? This is crazy but it is a rally by definition
Looks like it - think the 3 amigos MIG, citi and Noob-gan Stanley are getting thrash as we speak here. That also includes crew member submarine
The difference is that i learnt Candles stick, Charts of 5,15,30 minutes, one hour chart and so on, but LG mentioned M1,M5,D1 and i did mention on post#94 that LG means Candle stick or 5 minutes chart(candles) and D1 (Daily chart), yes i do use Simple Moving Average and other indicators!!!!!!!!!!!!!!
Quoting Loadedgun

BTW: Does anyone think 1.29600 is possible on the day? This is crazy but it is a rally by definition
yes its possible, 1.30 is possible, shorts getting squeezed buddy
Quoting Dr.Zain
30,000 Euro/USD
r u able to hedge? how long can u hold this short for?

If not u have to consider taking the bite. One way to recoup is short with big lots at next R line for 10pips.but be warn this is very risky n u need to knw what u r doing first
[quote=Timetraveler;6222306]... "When the second wave is equal or less than a regular first one, then expect the fifth to internally reach tonsils if you trade against it..."

There is only one song describing perfectly PA from 1.2650. No lyrics just music climax-retrace-climax2-retrace etc...:
http://www.youtube.com/watch?v=rxw1Mxaxd7c

@2:30 crank your speakers as you can actually hear someone saying 1.2894 x4
Don't Fight Forces, Use Them.
Quoting jonahky7
r u able to hedge? how long can u hold this short for?

If not u have to consider taking the bite. One way to recoup is short with big lots at next R line for 10pips.but be warn this is very risky n u need to knw what u r doing first
Does not look like the good doctor pays attention. Yesterday I spent time to calculate and estimate the next low before we go up just so he can cut his losses minimum and recoup by going the right direction and then he ignores all that effort (posted right here on this very thread) and starts the day by asking me questions I had responded to two days or so back. Your strategy for him is too risky though let him just bite the bullet now - the way it is it might be best.
[quote=Timetraveler;6225234]
Quoting Timetraveler
... "When the second wave is equal or less than a regular first one, then expect the fifth to internally reach tonsils if you trade against it..."

There is only one song describing perfectly PA from 1.2650. No lyrics just music climax-retrace-climax2-retrace etc...:
http://www.youtube.com/watch?v=rxw1Mxaxd7c

@2:30 crank your speakers as you can actually hear someone saying 1.2894 x4
U missed the other 2 earlier shouts:

.2822 x4
.2857 x4
.2894 x4

I lost count of how many fking RED pips it's in now
Quoting jonahky7
r u able to hedge? how long can u hold this short for?

If not u have to consider taking the bite. One way to recoup is short with big lots at next R line for 10pips.but be warn this is very risky n u need to knw what u r doing first
Yes I did hedge the position @2930
i have enough equity
As the Euro News are not favorable for the Euro and even Euro Budge Battle of coming next 6 years finished with out any conclusion? Is this Euro rally is Technical? retracment
Fat Lady did sing today that Euro Budget will be discussed coming year? and 44Billion for the Greek is conditional! If Greece Fullfill its obligations till 5th Dec! Why EURO IS RALLYING?
Quoting jonahky7
U missed the other 2 earlier shouts:

.2822 x4
.2857 x4
.2894 x4

I lost count of how many fking RED pips it's in now
Quoting dr.zain
30,000 euro/usd
sorry i mentioned 30,000 its 3.000 sorry again
Quoting Dr.Zain
Yes I did hedge the position @2930
Close everything doc, $300 not a big deal, and start studying. Get a demo till u start having consintent profits, that could take year(s).
treat the demo as if you worked hard to have that fake balance. Then fund an account and go live. If u dont do that u gonna end up frying accounts one after another. Im talking of experience. Cheers doc
Quoting dr.zain
sorry i mentioned 30,000 its 3.000 sorry again
today i am confused,due to the comments about me from the ff members 30,000 lots(euro/usd) and 300$ loss
above is the actual picture
Quoting Guest
Although I have to wonder, something smells really fishy to me about this whole move up from 1.26 area. I don't know why, but the way price is moving SO bullish doesn't sit well with me. With this kind of movement it seems it's either getting ready to shoot the moon (1.36+) or reverse and crash hard (1.20-). Any predictions? I guess in the the end we'll just keep playing the charts....

Thanks for all the good analysis!
As you can see from my earlier posts my setup employs a regression engine and given my studies of chaotic mathematics as it applies to markets - I am trying to gain the discipline of NOT predicting too far into the future - as it is simply impossible to be correct and in can lead to a mindset that interferes with accurate reading of the current market. Best to play by support and resistance - per time frame of choice. I had thought we would have seen some resistance by now on H4 but as you can see - we are still on the move though I would argue we are about done for the day going up. But I have been wrong before.
Quoting Minotaur
Close everything doc, $300 not a big deal, and start studying. Get a demo till u start having consintent profits, that could take year(s).
treat the demo as if you worked hard to have that fake balance. Then fund an account and go live. If u dont do that u gonna end up frying accounts one after another. Im talking of experience. Cheers doc
Thanks, Minotaur, please try to understand me, what we learnt from our instructors is 5 Minutes Candle Cahrt and so on, when LG wrote M1,M5,D1 i wanted to clear my concept and i asked him did he mean M5 (5 minutes Candle stick Cahrt) and D1 he means Daily chart, this was the sinple issue and every of FF friend attacked me, Thanks
Minotaur i did hedge the position, and i am now abort the Buy position, do you think Euro may go to the North Pole this day i mean week end, with no fundamental News?
  •  Guest
  • | IP XX.XX.84.212
Quoting Loadedgun
As you can see from my earlier posts my setup employs a regression engine and given my studies of chaotic mathematics as it applies to markets - I am trying to gain the discipline of NOT predicting too far into the future - as it is simply impossible to be correct and in can lead to a mindset that interferes with accurate reading of the current market. Best to play by support and resistance - per time frame of choice. I had thought we would have seen some resistance by now on H4 but as you can see - we are still on the move though I would argue...
Ok thanks. Still moving up!

What's interesting to me is all this up move coincides perfectly with the move against the yen, almost down to the minute in fact. (GBPJPY--which has seen the most significant move up--bottomed at 08:41 GMT 11/13 and EURUSD made one last move down from there an hour later and has been flying since). So looks like EUR long is tracking short JPY for now.

It leaves me wondering of all these HFT algos on steroids are buying EUR in a risk-off headfake due to the JPY selling (which we haven't seen in earnest for ages).

This could be a disaster...that's what I'm worried about. Something smells funny....thanks again for the analysis!
Gold Spiked 10 points, is this False Spike???
Bank of England policymaker David Miles said on Friday he would have backed a much bigger increase in monetary stimulus this month if the government had not announced plans to take a cash surplus of over 35 billion pounds from the central bank.
Quoting jonahky7

U missed the other 2 earlier shouts:

.2822 x4
.2857 x4
.2894 x4

I lost count of how many fking RED pips it's in now
I didn't lost them as you can see in my explorer. Apart of entering the trains suggested by LG, twoeleven, Fan etc. I literally connected account with innocent news followers and submarines to show how many GREEN pips they can give as human .mq4's for entries/SL/TP's
I was one of them and I don't wish it even to my worst enemy.

So I guess someone with that mixed method can have a count of 600++ since 19 Nov by trading ONLY EUR/USD ONE WAY without hedging without having a single lost pip and finally quit the human vs automation or exotic dancer job or bicep exercise by turning monitors.

PS. When I BEG for white flag you are in a grappling submission move so either you break hold with proof or YOU TAP OUT OUT OUT apologizing or shut up and feint before your EXIT. Anything else is not acceptable in a No Holds Barred I QUIT match.
Don't Fight Forces, Use Them.
Any one every one, What is happening in the Market??
Gold recoiled so long to jump the 1535 resistance!!!!
Quoting Dr.Zain
Gold recoiled so long to jump the 1535 resistance!!!!
I MEAN 1735
Quoting Dr.Zain
I MEAN 1735
The gold market is having holiday fever or something - it should be going up when full trading resumes. For now keep off no analysis will work - just keep off.
Quoting Timetraveler
I didn't lost them as you can see in my explorer. Apart of entering the trains suggested by LG, twoeleven, Fan etc. I literally connected account with innocent news followers and submarines to show how many GREEN pips they can give as human .mq4's for entries/SL/TP's
I was one of them and I don't wish it even to my worst enemy.

So I guess someone with that mixed method can have a count of 600++ since 19 Nov by trading ONLY EUR/USD ONE WAY without hedging without having a single lost pip and finally quit the human vs automation or exotic dancer...
U got me all wrong buddy!!! I was talking about the yellow submarine - not u

It shouted .2822 .2857 6 hrs before he shouted .2894. All entries x4

Do u still want me to apologise?
Quoting Loadedgun
As you can see from my earlier posts my setup employs a regression engine and given my studies of chaotic mathematics as it applies to markets - I am trying to gain the discipline of NOT predicting too far into the future - as it is simply impossible to be correct and in can lead to a mindset that interferes with accurate reading of the current market. Best to play by support and resistance - per time frame of choice. I had thought we would have seen some resistance by now on H4 but as you can see - we are still on the move though I would argue...
While I(everyone) must spend more Time on the ground studying YOU(everyone) have to believe more on your hard work. Green(or I should say red) light was given perfectly on H4. Scale out but not completely. Another favorable condition met? Add small lot on submarine's entry in thin market and trail the damn thing up to the fckin' Extremistan*. If you lose it's fine as it's part of the business and you'll be ready to lose small on a 5% conditions. After all it's FRY-DAY and maybe Fan did saw some dreamy mambo jumbo lines you know?

*= http://en.wikipedia.org/wiki/The_Black_Swan_(Taleb_book)
Don't Fight Forces, Use Them.
[quote=Loadedgun;6225789]The gold market is having holiday fever something - it should be going up when full trading resumes. For now keep off no analysis will work - just keep off.[/quote
Quoting jonahky7
U got me all wrong buddy!!! I was talking about the yellow submarine - not u

It shouted .2822 .2857 6 hrs before he shouted .2894. All entries x4

Do u still want me to apologise?
No you got me all wrong as I've picked up from where you left it trying to prove a point.

Do u still feel under submission?
Don't Fight Forces, Use Them.
LG in very simple word and in one Line, whats going on in Market????
Quoting Dr.Zain
Minotaur i did hedge the position, and i am now abort the Buy position, do you think Euro may go to the North Pole this day i mean week end, with no fundamental News?
Euro is so bullish Dr, but it wouldnt be wise to try and jump aboard a running train now, would it?

These are moves u need to predict before they happen. Go long at a dip, today is not the day. Cheers
Quoting Timetraveler
No you got me all wrong as I've picked up from where you left it trying to prove a point.

Do u still feel under submission?
I just done a simple cal again for yellow submarine Jaygee (so that no one gets any misunderstanding) -

calls

.2822 x4
.2857 x4
.2894 x4
.2964 x4 (latest today)

Excluding the last call, its' around 1200 pips in RED - fk me that is ~1200 pips another lot of 1200 it can start buying a little real life submarine.

So newbie traders, I am not trying to embrasses this Jaygee trader in anyway. He just make a fool of himself with his egoistic call - sir not me n don't blame me I didn't embraress it, it did it itself!!! So newbie traders before u follow blindly in future, watch out for this expert trader!!!
You mean Buy the Dip and vice verse, in my charts i do apply SMA and EMA still it looks uptrend for the short term
Quoting Dr.Zain
You mean Buy the Dip and vice verse, in my charts i do apply SMA and EMA still it looks uptrend for the short term
It's uptrend and the hopium is on for the weekend. Unless there is shit things/news but there is an element of u know what - manipulation for the price action

Now I need to look for the other twat 1.36 kiddo mima
Fat figures are pushing very hard EUR/USD???
Pushing the Acceletor and speed is now above 200 Miles/h
Quoting Dr.Zain
You mean Buy the Dip and vice verse, in my charts i do apply SMA and EMA still it looks uptrend for the short term
I dont use emas, i was taught old style. Anyway, you can use whatever works for you. Its late trading Friday, not wise to try and get a position at this time of week.
But yes, euro is gonna be bying the dips short term. The charts will tell! This can change by Tuesday. As i told you, you need to spend time studying. Have a nice weekend!
Thanks Minotaur for every thing
Quoting Dr.Zain
LG in very simple word and in one Line, whats going on in Market????
LG are u arround?
Quoting jaygee
add to eur/usd short 2894 4x. working a turkey for the oven.
Hey professor are you still adding to your shorts at

.2822 x4
.2857 x4
.2894 x4
.2964 x6

I'm not trying to embraress u, u have done enough credit for urself

Ouch that must hurt!
I am so stupid - this is mean reversion play pure and simple. To establish that the original momentum is not lost in the Euro look where we are now - the monthly average line. Tell me about fundamentals and crap in another life time and please no one ever mention news is this or that - just look where we are back where we started - nothing changed. The stupid thing was despite my convictions my mind listened to the rest of you - thinking look you can't be the only one to see it this way - these guys might be right or at least have something you need to watch out for and now I cheated myself out of all those pips because I took my eyes off of the ball. God how stupid can a man be just how stupid - and I kept asking myself what is pushing this thing so far so fast - now I know and let me see the son of a gun that will come up again to talk crap to me about news and fundamentals. STUPID ME - TOTALLY STUPID .
Quoting Loadedgun
I am so stupid - this is mean reversion play pure and simple. To establish that the original momentum is not lost in the Euro look where we are now - the monthly average line. Tell me about fundamentals and crap in another life time and please no one ever mention news is this or that - just look where we are back where we started - nothing changed. The stupid thing was despite my convictions my mind listened to the rest of you - thinking look you can't be the only one to see it this way - these guys might be right or least have something you need...
U r not alone buddy, I took bloody TP at .29575 - fked and missed the next 40 over pips!!! Damn!
Quoting jonahky7
U r not alone buddy, I took bloody TP at .29575 - fked and missed the next 40 over pips!!! Damn!
But I have no excuse - I should have known better - this is what I have been working on all this time and telling everyone. Once your trade is in your emotions takeover how come I did not even think of it? I am toooooooooooooooooooo stupid to call myself a hot trader tooooooooooooooooooooo stupid.
Now we start all over again!!!! Gosh the chance I missed and money I missed and the stupid fear all because everyone thinks I was wrong. People look at it and explain it to me - what was the news or fundamentals that took us right back to the average line (and I am not talking about today I am talking since this move started - can we see the precision here or not? The market is not random. What crap stupid fundamentals explains such a "deliberate" move? What news? - WHAT?
excellent job guys, congrats! no reason to feel bad, market is here and its gonna stay here, opportunities each and every day lol

Others need to feel sorry for their trades, not us! Its dark cold waters down there were talking about, yikes!

PS dont you love short sqeezees!!

PS2. Proof about market opportunities on various pairs everyday here:
http://www.forexfactory.com/news.php?do=news&id=396662#post6226335
Love them buddy - just the missed pips but fine - tomorrow is another day. Cheers
Everyone look at the shape of the monthly candle now as it is and and tell how one candle fooled an entire market including the "expert" fundamentalists - just look at it before you go bet the village on shorting to 1.20420 - LOOK AT IT!!!!
Quoting Loadedgun
Love them buddy - just the missed pips but fine - tomorrow is another day. Cheers
2 things: 1.) u did proved to those twats on the other side of the pond who's right n who's wrong in analysis

2.) U n I don't have to suffered the panic heart attack Jaygee is going thru now, see my post at #155 here

Have a good weekend buddy!
I knew it, said it, forecasted it, and explained it - but did not have the guts to trade it when I saw it. Shoot me - I deserve to be dropped.
This story is 200 pips late. The bears failed at 1.27
Patience is magic
Quoting jonahky7
Have a good weekend buddy!
Yea man thanks for the kind words but frankly I can only be half happy. Next time though. Thanks and nice weekend too.
Quoting Muntu
This story is 200 pips late. The bears failed at 1.27
Hey man love your mug shot. And BTW where have you been coming to give us courage at 1.30 should have told me then - may be I would not have messed up so. Anyway share your point of view. Better late than never.
Quoting Loadedgun
Yea man thanks for the kind words but frankly I can only be half happy. Next time though. Thanks and nice weekend too.
It looks to pop further SP500 rocketing like nobody's business for any fk reason, jsut join it
LG your hard work is payin off, you should be twice happy. Imagine the number of upcoming pips, that'll make you feel way better. Rest well bud, cheers
Quoting Minotaur
LG your hard work is payin off, you should be twice happy. Imagine the number of upcoming pips, that'll make you feel way better. Rest well bud, cheers
U reckon submarine sleeping tonight? I'll be damn n don't even fking dare to show my face nor comment here anymore after this 2nd episode in 3 weeks for that submarine, lol. Damn I'm so mean
Quoting jonahky7
It looks to pop further SP500 rocketing like nobody's business for any fk reason, jsut join it
And you still think breakeven works? Tell that to the marines and in a hurry too - I hear they moving out.
One candle people - just one candle - a singularity and everyone was fooled. All the forecasting, all the trend lines and fibs and what have you - but it was in just a candle the action took place and who could get inside the whole when everyone spent time arguing about it's fractions. Fractals - that is the name of the game. From this point on I will listen to only me.
Quoting jonahky7
U reckon submarine sleeping tonight? I'll be damn n don't even fking dare to show my face nor comment here anymore after this 2nd episode in 3 weeks for that submarine, lol. Damn I'm so mean
Well the infamous submarine captain actually reminds me of our former PM, Papandreou, drove the country to complete default, and then he went to Harvard giving lectures about global economic crisis ROFL ! ! !

I wouldnt be surprised at all if i saw him yacking right now in this thread to be honest!

LoooL that nutty professor is really something!
Quoting Minotaur
Well the infamous submarine captain actually reminds me of our former PM, Papandreou, drove the country to complete default, and then he went to Harvard giving lectures about global economic crisis ROFL ! ! !

I wouldnt be surprised at all if i saw him yacking right now in this thread to be honest!

LoooL that nutty professor is really something!
Now that explains everything and the jigsaw completed, submarine must have been a student at Harvard then - it's now professor Got it (being bloody childish here gloating over somethings mishap, I shouldn't be doing it but for submarine it's a different case, u can run once but u can never run forever)
Quoting Dr.Zain
Thanks, Minotaur, please try to understand me, what we learnt from our instructors is 5 Minutes Candle Cahrt and so on, when LG wrote M1,M5,D1 i wanted to clear my concept and i asked him did he mean M5 (5 minutes Candle stick Cahrt) and D1 he means Daily chart, this was the sinple issue and every of FF friend attacked me, Thanks
Hey doc do not feel bad - may be we take for granted that everyone knows this so we did not understand that you did not know. But you asked me some questions yesterday and I spent time to research it and I left a post overnight hoping you will use it. Had you used it you would have been in profit now. But you did not read my posts (right here on this thread) and that is why I said you did not pay attention. In any case no harm meant hope you understand. Cheers
Quoting jonahky7
Now that explains everything and the jigsaw completed, submarine must have been a student at Harvard then - it's now professor Got it (being bloody childish here gloating over somethings mishap, I shouldn't be doing it but for submarine it's a different case, u can run once but u can never run forever)
No worries buddy, our posts will be submerged in the next few hours, and were gonna be even bahahahaha!
Quoting Dr.Zain
Thanks, Minotaur, please try to understand me, what we learnt from our instructors is 5 Minutes Candle Cahrt and so on, when LG wrote M1,M5,D1 i wanted to clear my concept and i asked him did he mean M5 (5 minutes Candle stick Cahrt) and D1 he means Daily chart, this was the sinple issue and every of FF friend attacked me, Thanks
Zain, let me know who attacked u, I can't see anyone who attacked u at all. But rather we are trying to help u but u need to help urself n us as well. Remember we are also trading ourselves and that take time.

Sorry that I have to say this, it has happened several time already - u asked a question we answered, u don't read the answers and start asking the same questions again. Put urself in our shoes who are trying to help with our 2 cts opinion while we need to spend the other 8 cts trading.
here my view, Sir. If you would forget about all the predictions and independently look at your chat, you will see that since july E/U is bullish, with some retracement to the 1.27 level lately.
Now, the 1.3 level might request some caution before going further as we are in the bearish trend line zone.

Quoting jonahky7
It looks to pop further SP500 rocketing like nobody's business for any fk reason, jsut join it
Patience is magic
LG would you please mind and write ur post# of yesterday, i love to read if i overlooked that!!!!
Quoting jonahky7
Zain, let me know who attacked u, I can't see anyone who attacked u at all. But rather we are trying to help u but u need to help urself n us as well. Remember we are also trading ourselves and that take time.

Sorry that I have to say this, it has happened several time already - u asked a question we answered, u don't read the answers and start asking the same questions again. Put urself in our shoes who are trying to help with our 2 cts opinion while we need to spend the other 8 cts trading.
Jonahky i always read but the time i don't understand the reply I again ask and many times i asked LG to be Simple in answering the question
Quoting Dr.Zain
Jonahky i always read but the time i don't understand the reply I again ask and many times i asked LG to be Simple in answering the question
LG is never easy to understand buddy - tho he is darn good in what he says he does on the can. If its easy to understand everyone here in ff will be billionaire

Oops I forgot about yellow submarine Jaygee - it is a bloody good V trend trader too - always on the opposite call that is!
Quoting Loadedgun
@ Doc. Zain 1.28540 (best estimate)
I again read all of your kind advises LG, yes i did read yesterday all of your posts, but the ur post
@ Doc. Zain 1.28540 (best estimate) i could not got it
Quoting jonahky7
LG is never easy to understand buddy - tho he is darn good in what he says he does on the can. If its easy to understand everyone here in ff will be billionaire

Oops I forgot about yellow submarine Jaygee - it is a bloody good V trend trader too - always on the opposite call that is!
All what happened today in the Market was Simple Retracments , corrective phases or due to German Positive Data???
Quoting Dr.Zain
I again read all of your kind advises LG, yes i did read yesterday all of your posts, but the ur post
@ Doc. Zain 1.28540 (best estimate) i could not got it
What I meant by that was that if you saw price @ or near 1.28540 yesterday it will bounce. So my hope was that when you see that you will close your loss position and enter long. If you did that by now you will have recovered a smaller loss and made good profit.

Another thing - try find a simpler way to trade. Fundamentals can be very confusing as it does not move with price all the time (in fact most of the time). Even simple MA crossover with good money management is better than fundamentals for profit. But I am sure you know what you are doing and how you want to trade. Cheers.
Have a good weekend ff members and forgive and forget !!!
Quoting Loadedgun
What I meant by that was that if you saw price @ or near 1.28540 yesterday it will bounce. So my hope was that when you see that you will close your loss position and enter long. If you did that by now you will have recover a smaller loss and made good profit.

Another thing - try find a simpler way to trade. Fundamentals can be very confusing as it does not move with price all the time (in fact most of the time). Even simple MA crossover with good money management is better than fundamentals for profit. But I am sure you know what you are doing...
Thanks, you see Why always i ask you to be very simple, you did mention @2854 is best estimate, if you could have written that it is the best place in your study to LONG, i could have earned some money instead, ok in future if i ask twice please take it easy and i know you are helping traders, Nice Week end
Quoting Guest
i got stuck in eur/usd trade i sell eur at 2740 2745 2470 have any idea what to do 4 lots n almost 800 is at stake
I can help u.... [email protected] mail the screen shot.
Unless your are talking about penetration of previous support or resistance which had previously held for two,three, or more attempts...

Nothing is going to tell you when a spike is going to happen!

Not fundamentals or technicals, especially a move like euros today coming out of that upward trend.

Nothing- so everybody quick asking why, simplest answer is this-

aggressive buyers on top of weak sellers (new) and most of all , shorts puking at a furious rate-

end of story, shit happens, try to enjoy ur weekends
Quoting Dr.Zain
LG in very simple word and in one Line, whats going on in Market????
DR. Zain, I if you are frantically asking for another traders thoughts ,no matter how much u respect that trader, you've already lost.

E
[quote=Villageidiot;6227005]DR. Zain, I if you are frantically asking for another traders thoughts ,no matter how much u respect that trader, you've already lost.

Even if u r watching market action for an exact stop or to get feel for market, you must have a firm and hard stop in mind at all times.

a maximum you are willing to lose. Remember, you can have a big stop loss if you want but thaen u must also have the patience to let ur winners run a commensurate amount
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  • Posted: Nov 22, 2012 7:06am
  • Submitted by:
     fxtimes
    Category: Technical Analysis
    Comments: 189  /  Views: 24,130