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  • #744,881
  • Jan 11, 2013 7:41am Jan 11, 2013 7:41am
Quoting Robertk
Noone can control this released news that pushed EUR up? He had some valid arguments for a move down according to his own analysis. Not stroking anyone's ego but at least he's using arguments which most of us don't. Stocks are in negative today, EUR is pos. correlated to stocks. Cable also had the momentum for a good drop which in turn empowers EUR potential downside..
I did,and did it before hand, i dint call him stupid when he was short, he did, all of us bulls, the problem is that he is convienced about something which you cannot be, you all know the qoute: the market can stay irrational longer thanyou stay solvent, do you imagine newbie reading that and keep on holding shorts from 3040 and most weak players did, well i did took a nice share from their accounts, thats why market is up here where it is. I know i wasnt 100% sure about my longs at 3002,3022,3039, even if they played out nice, not all of them, but some did
  • #744,882
  • Jan 11, 2013 7:41am Jan 11, 2013 7:41am
So, what up now??? Waiting for the federal budget balance - forecast seems real good, maybe it birings down the current price a bit
  • #744,883
  • Jan 11, 2013 7:42am Jan 11, 2013 7:42am
I would advice to go longs only if at all there is any retracement. Don't short the beast. I'm seeing 1.35 for sure.
When Scalpers win, I lose and Vice varsa...
  • #744,884
  • Jan 11, 2013 7:43am Jan 11, 2013 7:43am
Quoting attila
I had a bright idea... to go short.. crap..
had one of that @ 3209 , anyways im done for the wekk, party time
  • #744,885
  • Jan 11, 2013 7:45am Jan 11, 2013 7:45am
holy rocket ships batman. got stopped out on 2 shorts 1 of them heavy but did cash in on a few shorts but still down $$ on the day praying they push this up to 13380 please pretty please
  • #744,886
  • Jan 11, 2013 7:45am Jan 11, 2013 7:45am
I'm enjoying this move. 1,3425 could be next. Probably just not today.
  • #744,887
  • Jan 11, 2013 7:47am Jan 11, 2013 7:47am
Quoting Tadej89
I'm enjoying this move. 1,3425 could be next. Probably just not today.
Yes. We'll see something above 1.35 for sure. I'm enjoying this.
When Scalpers win, I lose and Vice varsa...
  • #744,888
  • Jan 11, 2013 7:47am Jan 11, 2013 7:47am
impulse wave formation. Caution with divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: EW EURUSD 11012013.png Size: 31 KB
  • #744,889
  • Jan 11, 2013 7:48am Jan 11, 2013 7:48am
Quoting Goldflake
I would advice to go longs only if at all there is any retracement. Don't short the beast. I'm seeing 1.35 for sure.

That's what I'm debating about right now. Whether to lock in my profits today, or let my profits run. I like that 1.3410/1.35 area, also. I'm +200 pips so far. But it's the mind games that this market can do with your head.
Time turns trend. - W.D. Gann
  • #744,890
  • Jan 11, 2013 7:48am Jan 11, 2013 7:48am
Today is Friday.

Don't forget that, maybe 1.3350 is today's top... be careful ....
  • #744,891
  • Jan 11, 2013 7:49am Jan 11, 2013 7:49am
Quoting Tadej89
I'm enjoying this move. 1,3425 could be next. Probably just not today.
easy, just hold it, take some off and just hold it 3595 should be reachable probably not today, next week, but dont take my word for it
  • #744,892
  • Jan 11, 2013 7:50am Jan 11, 2013 7:50am
now we know why attila asked how to show more bars on mt4.

very nice, chief...
  • #744,893
  • Jan 11, 2013 7:50am Jan 11, 2013 7:50am
Quoting BlueGas
had one of that @ 3209 , anyways im done for the wekk, party time
mine's here at 3344..
  • #744,894
  • Jan 11, 2013 7:50am Jan 11, 2013 7:50am
Quoting ForExtraPips
That's what I'm debating about right now. Whether to lock in my profits today, or let my profits run. I like that 1.3410/1.35 area, also. I'm +200 pips so far. But it's the mind games that this market can do with your head.
This move is super bullish. There won't be any sudden drops as i'm seeing. Better to hold the trade for next week.
When Scalpers win, I lose and Vice varsa...
  • #744,895
  • Jan 11, 2013 7:50am Jan 11, 2013 7:50am
Quoting BobGnarly
God damnnnn what a move! Sitting at work and check my phone an hr later its up another 100 pips.. Cant wait till thi pig falls hard
The beauty of that is, when the time comes, everyone here will still be saying buy, buy, buy

MAY THE TREND BE WITH YOU
  • #744,896
  • Jan 11, 2013 7:50am Jan 11, 2013 7:50am
We just head butted the Weekly 200EMA, holding on to longs now with the weekend around the corner could be unwise, unless you're a long term player.
  • #744,897
  • Jan 11, 2013 7:52am Jan 11, 2013 7:52am
Quoting forexguru
Today is Friday.

Don't forget that, maybe 1.3350 is today's top... be careful ....
Only losers think 3350 or 3400 is top. Those who are in profit never think about top until the trend changes.
When Scalpers win, I lose and Vice varsa...
  • #744,898
  • Jan 11, 2013 7:53am Jan 11, 2013 7:53am
Quoting attila
mine's here at 3344..
yeah i got stopped,but after that if i thought on short, i would slap myself, just has to much momentum
edit.. i think youll be able to get out with profit,if it doesnt just swing directly to 3400
  • #744,899
  • Jan 11, 2013 7:54am Jan 11, 2013 7:54am
Ironic enough most money has most likely been made by the rookies(or more advanced that entered from start and hold on to trade) on days like the last two we had. (Not offending anyone here!) Typical markets were the attraction of big green/white bars causes them to hit their heads on the "buy" button.

Longer traders that stick to their method(not going for impulsive(big bar)) had a bigger chance of losing last 2 days. Inter market correlation is way off, leaked news releases whatsoever. Not a single decent pullback yet in a 300pip move. Valid confluence zones just being ignored. Yes, markets are irrational but a bunch of edges disappear unless you consider trading big bars an edge.
  • #744,900
  • Jan 11, 2013 7:54am Jan 11, 2013 7:54am
Thank God and every 1, so so so much, and TY forex factory.
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