Cyprus ruling party: bailout solution within EU framework may be possible within hours | Forex Factory

  • Cyprus ruling party: bailout solution within EU framework may be possible within hours

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Dr.Zain
Mar 22, 2013 9:44am
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Quoting Tw0eleven
Don't forget yesterdays French, German and Euro news that was ALL NEGATIVE! It's not about what the numbers are, but how price reacts to it!
Hi TE Where you been! happy to read your posts
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Dr.Zain
Mar 22, 2013 9:54am
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Quoting Tw0eleven
That's not up to me to decide. All gaps fill. Some fill in one day, some take a week or two. I can't pick which day price will reach this level or that level...but I am good at spotting which direction it will go.
TE we are your students and you are Professor of Forex
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traider
Mar 22, 2013 9:29am
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Quoting Tw0eleven
HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA
Yeap. They were buying this morning NZ time. I knew that a deal would be hammered out and so did the market obviously.
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Tw0eleven
Mar 22, 2013 9:24am
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Quoting kk007
That is why EU moved for 40pip in 5 min?????

HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA
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Tw0eleven
Mar 22, 2013 9:31am
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Quoting Crucifix
Its another trap
Yeah, a trap for Euro bears. How many people are pissed now that e/u didn't go to 1.2800 or below like they have been calling for all week???
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Tw0eleven
Mar 22, 2013 9:35am
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Quoting richtrader
still learning about price action, but I can't see the signal to go long, can you help?

Price opened the week with a 150pip gap down right? What did it do after that? went sideways with some spikes up and down...but ultimately it couldn't stay below 1.2900 Monday, Wednesday, Thursday. I did close below on Tuesday...but went right back up Wednesday(fakeout lower). We had bad news out of Europe all day yesterday and all day today...what did price do??? It went up! We've had Plan A and B rejected in Cyprus and Russia didn't want to loan Cyprus money...what did price do? It went up(the selling couldn't follow through).

So there's your signal...no matter how much bad news there was, euro couldn't selloff and stay below 1.2900! GO LONG!
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Tw0eleven
Mar 22, 2013 9:39am
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Quoting majus33
:-) Yeap. Look at the German PMI and IFO . Who cares :-)

Don't forget yesterdays French, German and Euro news that was ALL NEGATIVE! It's not about what the numbers are, but how price reacts to it!
Reply
Tw0eleven
Mar 22, 2013 9:50am
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Quoting Dr.Zain
two eleven Almost all the market filled its Gap on Monday except Euro!! if even Cyprus got no deal, would Euro fills the Gap? and how long it takes for Euro to fill!!!
That's not up to me to decide. All gaps fill. Some fill in one day, some take a week or two. I can't pick which day price will reach this level or that level...but I am good at spotting which direction it will go.
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Tw0eleven
Mar 22, 2013 10:01am
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Quoting Dr.Zain
TE we are your students and you are Professor of Forex

Sorry, there won't be much teaching from me. I have tried that before and most people on here, quite frankly, are rude and just want to put you down. Just go back and look at most threads...you'll see more negative comments than good. When people get a call wrong, they get ganged up on and made fun of. But when someone gets a call right...you hardly see any nice comments congratulating them. It's a shame really...people should be on here to help others and share their views. Unfortunately it doesn't turn out that way. And the ForexFactory Moderators are some of the WORST too...I can't tell you how many "guest" comments they would NOT post that would have been helpful to others. Sorry for the rambling...carry on!
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Tw0eleven
Mar 22, 2013 10:09am
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Quoting kevinpham
Close for 30 easy pips

Nice trade, pretty ballsy going against the trend, but that's just my conservative side. Good choice talking the small win and not lookin for something big!
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Tw0eleven
Mar 22, 2013 10:32am
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Quoting Dr.Zain
TE Never mind about the barking dogs. Posts.from you, from LG,from Jonahky & Exodus are Practicaly worthful

Thanks for the kind words. Haven't seen Jonah in a while...he's a good guy!
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Tw0eleven
Mar 22, 2013 10:37am
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Quoting kevinpham
To you it was risky, but for me it was in plan. I have a selling order at that given we are going over daily average, no big news... Just some fake moves up and down... Now i have another selling order at 3015. TP and SL open.
Dont be sour when u r losing, everyone loses now and then.

I can see why you would take the short...we did reach ADR and price is a bit overbought. It's not my style to countertrend trade like that, but I do understand some people do.
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DmitryFX
Mar 22, 2013 9:28am
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Quoting Tw0eleven
HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA
+100! Last week candle was Bullish engalfing. Now, this week will be next one bullish candle. All kind of news used by MM's just for manipulations)))) What is Cyprus economy for euro zone? It's nothing! ))))
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kevinpham
Mar 22, 2013 10:31am
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Quoting Ulterior
that was riskiest trade, who cares about what you close?
To you it was risky, but for me it was in plan. I have a selling order at that given we are going over daily average, no big news... Just some fake moves up and down... Now i have another selling order at 3015. TP and SL open.
Dont be sour when u r losing, everyone loses now and then.
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Timetraveler
Mar 22, 2013 5:53pm
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Quoting Tw0eleven
Looks like a pullback for another buying opportunity...1.2950 should be a good area. I would only trade this as a scalp trade for 20-30pips up. Also, I wouldn't hold anything over the weekend.
+1 for not holding over weekend and nice to see you again TE.

RIP to fundamental fubar. Two things from me. One, if chart says not to short then you have to buy on established pivots or watch the drama. You don't hold a tight short to star in the drama. Second, unbelievable volumes for third month but the last one in small range-so far.
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openyoureyes
Mar 23, 2013 9:14am
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I am waiting a bear gap
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fikaky
Mar 22, 2013 9:55am
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Really, it doesn't matter what you think, or how the markets reacts..it's how the people react to conditions they have to live in..and if the situation doesn't change quite soon, well....expect everything..EURO is bs junk just as much as the dollar is..but keep in mind that the dollar is protected by the us military, most powerful military force in the world - false flag, wars, everything needed to keep the dream going..so imho EU recession will be stronger than forecasted in 2013, and will continue further intro 2014, 2015, 2016..and US economy shows some signs of improvment, perhaps it's artificial, but as I said before, they have most powerful military in the world
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Dr.Zain
Mar 22, 2013 9:32am
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Quoting Celente
what a week we had! If I have to continue trading in those market condition I will die young
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Dr.Zain
Mar 22, 2013 9:47am
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two eleven Almost all the market filled its Gap on Monday except Euro!! if even Cyprus got no deal, would Euro fills the Gap? and how long it takes for Euro to fill!!!
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Dr.Zain
Mar 22, 2013 10:30am
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TE Never mind about the barking dogs. Posts.from you, from LG,from Jonahky & Exodus are Practicaly worthful
Reply
Dr.Zain
Mar 22, 2013 10:41am
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TE ADR?
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dbutton1990
Mar 22, 2013 12:20pm
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Quoting neha2013
Its the time to short EUR/USD as it is nearing its resistance
Smart...now look at your hourly chart...see anything?
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k3nshinz3139
Mar 23, 2013 5:17am
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Strong feel euro still strong...
Yen continue devalue... 60% win with long EJ
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Tw0eleven
Mar 22, 2013 9:51am
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Looks like a pullback for another buying opportunity...1.2950 should be a good area. I would only trade this as a scalp trade for 20-30pips up. Also, I wouldn't hold anything over the weekend.
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kk007
Mar 22, 2013 9:20am
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That is why EU moved for 40pip in 5 min?????
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Ulterior
Mar 22, 2013 10:09am
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Quoting kevinpham
Close for 30 easy pips
that was riskiest trade, who cares about what you close?
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Ramane Ara
Mar 22, 2013 9:55am
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Quoting eurusdthb
rip all shorter
great greet. let C
i'd better stay away
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kevinpham
Mar 22, 2013 9:22am
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The higher it goes the sharper it drops once news go the wrong way. It just a wishing hope. I am selling at 3000
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kevinpham
Mar 22, 2013 9:59am
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Quoting kevinpham
The higher it goes the sharper it drops once news go the wrong way. It just a wishing hope. I am selling at 3000
Close for 30 easy pips
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xetau
Mar 22, 2013 9:39am
Permalink
Quoting Tw0eleven
Price opened the week with a 150pip gap down right? What did it do after that? went sideways with some spikes up and down...but ultimately it couldn't stay below 1.2900 Monday, Wednesday, Thursday. I did close below on Tuesday...but went right back up Wednesday(fakeout lower). We had bad news out of Europe all day yesterday and all day today...what did price do??? It went up! We've had Plan A and B rejected in Cyprus and Russia didn't want to loan Cyprus money...what did price do? It went up(the selling couldn't follow through).

So...
You may right, It's the so-called "news divergence". In other worlds: it appeared when many bad news could not sent the pairs lower.
Reply
richtrader
Mar 22, 2013 9:30am
Permalink
Quoting Tw0eleven
HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA
still learning about price action, but I can't see the signal to go long, can you help?
Reply
richtrader
Mar 22, 2013 10:34am
Permalink
Quoting Tw0eleven
Price opened the week with a 150pip gap down right? What did it do after that? went sideways with some spikes up and down...but ultimately it couldn't stay below 1.2900 Monday, Wednesday, Thursday. I did close below on Tuesday...but went right back up Wednesday(fakeout lower). We had bad news out of Europe all day yesterday and all day today...what did price do??? It went up! We've had Plan A and B rejected in Cyprus and Russia didn't want to loan Cyprus money...what did price do? It went up(the selling couldn't follow through).

So...
Thank you, I'll keep this in mind
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Mong00se
Mar 22, 2013 10:47am
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Quoting Dr.Zain
TE ADR?
You don't know how to google?
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sweeetfriend
Mar 22, 2013 9:53am
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sell now, u wont regret
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Crucifix
Mar 22, 2013 9:29am
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Its another trap
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Maso
Mar 22, 2013 9:29am
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They want that EUR closes the week above 1.30 .
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Afghanistan
Mar 22, 2013 9:26am
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Quoting kevinpham
The higher it goes the sharper it drops once news go the wrong way. It just a wishing hope. I am selling at 3000
Nice job ! i miss it !
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Celente
Mar 22, 2013 9:27am
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what a week we had! If I have to continue trading in those market condition I will die young
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eurusdthb
Mar 22, 2013 9:22am
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rip all shorter
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Alexeii
Mar 22, 2013 9:29am
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Quoting Celente
what a week we had! If I have to continue trading in those market condition I will die young
I find conditions for trading gorgeous to make money - only loosers complain from the market. Mor more and more volatility - means more green stuff into my account !!!
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Anikitos
Mar 22, 2013 9:32am
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Quoting Tw0eleven
HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA
Hi can you explain this a bit more please for those us new to all this... Why do you say price could stay below 1.29 ? And if you can make available how you go about price action analysis?

Thanks,
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majus33
Mar 22, 2013 9:34am
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Quoting Tw0eleven
HAHAHAHAHAHA....because euro bears are losers!!! Don't trade fundamentals...trade price action and how it reacts to news. Price could NEVER stay below 1.2900 this week...no matter how much bad euro data there was nor the bad news on Cyprus! That should have told everyone LONG, not short to some magical 1.2800 or below level! HAHAHAHA

:-) Yeap. Look at the German PMI and IFO . Who cares :-)
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neha2013
Mar 22, 2013 11:06am
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Its the time to short EUR/USD as it is nearing its resistance
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neha2013
Mar 22, 2013 12:32pm
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In hourly chart its is still overbought .Better to short
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fikaky
Mar 22, 2013 9:26am
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HA HA HA HA HA HA AH HAHA HAHAHAHAHAHAHAHA ...if they weren't idiots - that's missing in the title..poor politics, really poor
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Zerd
Mar 22, 2013 9:21am
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yeah. Wait gold down more .
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MrOpsss
Mar 22, 2013 9:22am
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EUR/USD will close the monday opening gap and then down down down...
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ForexRatVN
Mar 22, 2013 9:27am
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The risk lovers come back
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MrOpsss
Mar 22, 2013 9:29am
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Quoting Celente
what a week we had! If I have to continue trading in those market condition I will die young
AHAH... or you will live rich... trade price action
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kartha
Mar 22, 2013 9:31am
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IT's Friday.... Any low impact news is also a "BIG" news to some people
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Gaborka
Mar 22, 2013 9:36am
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watch the gap. eur/usd
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aminul
Mar 22, 2013 9:41am
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i made 50 pip out of this and waiting for another entry short or long.
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CoolJL
Mar 22, 2013 9:44am
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Now we play the waiting game. Longer we wait for the deal more euro will trickle down.
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fx201210
Mar 22, 2013 9:52am
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"A sign of some good news in the US economic pipeline" this match the bearish trend line
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CoolJL
Mar 22, 2013 9:56am
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There was an inverted head and shoulders pattern with falling neck line, lets see if it will stay above or below this.
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edmundjeevan
Mar 22, 2013 9:57am
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Been taking a self imposed ban on trading for quite a long time. But fingers itching to go short on Euro.......
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sade27
Mar 22, 2013 1:16pm — Edited
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1.3027 could be a good time to short EUR even if pound is not ready GPD is almost ready to be short too It should be ready at 1.5307
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sade27
Mar 22, 2013 1:23pm — Edited
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Little pips for stop loss. Huge profit to make. Please note that this is just a suggestion. You don't have to take the trade

Take Profit at 1.2665
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Trader#19AE
Mar 22, 2013 9:20am
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thats friday..... nice news to make 50 pips for those politicians. They learn it from spain and greece
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Trader#67BD
Mar 22, 2013 9:24am
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Same Game over and over, they have not a single penny from their part, they only waiting on a miracle not going to happen.
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Trader#67BD
Mar 22, 2013 9:31am
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I think this the best point to short EUR, the fighting and shouting at each other in the Parliament, They Agreed to not Agree, The Parliament so divided
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Trader#258A
Mar 22, 2013 9:34am
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dollar is playing with euro
its a matter of time when euro will fall down to 1.92000
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Trader#3894
Mar 22, 2013 10:52am
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Quoting Dr.Zain
TE ADR?

ADR = Average Daily Range
Reply

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