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SnaveForex Oct 4, 2012 11:29am | Post# 702841

short @2994

low risk

kuroro001 Oct 4, 2012 11:29am | Post# 702842

Adding short 1,3000...Stop 1,3050...target 1,2845.
We may see supply around 1,302x though.

At some point 1,2845 needs to be challenged...so the higher it goes, the better for shorts

Each new highs are sold off...it's not an healthy up move.

Rag2RichesFX Oct 4, 2012 11:31am | Post# 702843

Adding short 1,3000...Stop 1,3050...target 1,2845.
We may see supply around 1,302x though.

At some point 1,2845 needs to be challenged...so the higher it goes, the better for shorts

Each new highs are sold off...it's not an healthy up move.
It will be sold down, the question is when? Anyway, I think shorts here with wide stops are fine

Problem is there is FOMC in a couple hours, market may just consolidate until then.

todstars2 Oct 4, 2012 11:31am | Post# 702844

EUR Expensive
 
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Shorting around 1.30
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200To100k Oct 4, 2012 11:31am | Post# 702845

From Bloomberg Terminal:

Euro slips back under $1.3000 on headlines from BBG TV stating that the EU doubts the viability of Spain's 2013 deficit cut target. According to sources, Spain was purportedly told by eurozone overseers that its deficit cutting plan (to 4.5% of GDP) relies on assumptions that are excessively optimistic,

stond Oct 4, 2012 11:32am | Post# 702846

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bear is dead...
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stevewalker Oct 4, 2012 11:33am | Post# 702847

trading the pullbacks



Rag2RichesFX Oct 4, 2012 11:33am | Post# 702848

From Bloomberg Terminal:

Euro slips back under $1.3000 on headlines from BBG TV stating that the EU doubts the viability of Spain's 2013 deficit cut target. According to sources, Spain was purportedly told by eurozone overseers that its deficit cutting plan (to 4.5% of GDP) relies on assumptions that are excessively optimistic,
whats your email so i can message you about a few things?

thanks, i dont want to fill this forum with my questions for you

sum_1 Oct 4, 2012 11:33am | Post# 702849

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There was a lot of volume accumulated over this period especially during the asian and early euro sessions... so it may be a bit before the top is in...imo
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mohan76 Oct 4, 2012 11:35am | Post# 702850

From Bloomberg Terminal:

Euro slips back under $1.3000 on headlines from BBG TV stating that the EU doubts the viability of Spain's 2013 deficit cut target. According to sources, Spain was purportedly told by eurozone overseers that its deficit cutting plan (to 4.5% of GDP) relies on assumptions that are excessively optimistic,
that was 30 min ago

attila Oct 4, 2012 11:35am | Post# 702851


I'm simply going to run a free Skype room for people interested in learning how to trade flow, prove that you can make good money with small investments and consistency, and let them do their thing afterwards.
So let me get this straight.. Why would you wanna do that? And how long before it becomes payed? You come here as a new member (not saying you're a new trader) and start advertising "teaching" services.. Why don't you start your own thread here in a little while?

From where I sit, it all sounds very suspicious.. Anyway...

stevewalker Oct 4, 2012 11:37am | Post# 702852

I like the way of your additions to thread



that was 30 min ago

todstars2 Oct 4, 2012 11:38am | Post# 702853

bear is dead...
Hardly...

SnaveForex Oct 4, 2012 11:38am | Post# 702854

Adding short 1,3000...Stop 1,3050...target 1,2845.
We may see supply around 1,302x though.

At some point 1,2845 needs to be challenged...so the higher it goes, the better for shorts

Each new highs are sold off...it's not an healthy up move.
i bet one last move up spike i believe

200To100k Oct 4, 2012 11:38am | Post# 702855

whats your email so i can message you about a few things?

thanks, i dont want to fill this forum with my questions for you
Just go to my profile page and you will see an email link.

Nachiket Oct 4, 2012 11:39am | Post# 702856

can someone tell me the reason
 
why it spiked? sorry missed the action

almo Oct 4, 2012 11:39am | Post# 702857

Yes, there will be a retrace - but it won't go down that much ! Look, at the down spikes , how will dare to short with a target to reach this area ... it looks scary
Vachus...remember when July 19th came around, and everyone was saying this is a retrace? How many of us were solid when we said "this is the start of a bull run?"

We've lost a few people since then, in particular SunTrader (and yes, I do miss his EW charts).

The same condition now exists for the short side. 1.27 won't happen overnight, but its going to come.

200To100k Oct 4, 2012 11:40am | Post# 702858

that was 30 min ago
I know, but I was busy answering questions and correcting someone to make the post

bagXpert Oct 4, 2012 11:40am | Post# 702859

Zulutrade rankings???
 
hi all,

Do you know this provider signal on zulutrade?

http://zulutrade.de/TradeHistoryIndi...123788&Lang=fr

Why his ranking is 866xth? His performance seems to be great. SL, TP...all are here.
And the third of this ranking have so poor live results.

I don't understand.

Nachiket Oct 4, 2012 11:41am | Post# 702860

Vachus...remember when July 19th came around, and everyone was saying this is a retrace? How many of us were solid when we said "this is the start of a bull run?"

We've lost a few people since then, in particular SunTrader (and yes, I do miss his EW charts).

The same condition now exists for the short side. 1.27 won't happen overnight, but its going to come.


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