- #14,327
- Jul 13, 2008 6:07pm Jul 13, 2008 6:07pm
You can't say that technicals are wrong. It depends on the chart of the trader.
just entered longs, 1.5893, wanted to wait for a better price, but i just can't risk to miss out... LOL...
- #14,330
- Jul 13, 2008 6:22pm Jul 13, 2008 6:22pm
I think EUR/USD will come down : )
I heard this ages ago, but it's ok, we can keep thinking, when we gather enough mind power, it may finally start falling, but don't hold your breath too long though...
- #14,332
- Jul 13, 2008 6:31pm Jul 13, 2008 6:31pm
I heard this ages ago, but it's ok, we can keep thinking, when we gather enough mind power, it may finally start falling, but don't hold your breath too long though...
It's me...
- #14,334
- Jul 13, 2008 6:40pm Jul 13, 2008 6:40pm
I was talking about in the next few days : )
- #14,335
- Jul 13, 2008 6:48pm Jul 13, 2008 6:48pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
FULLY AGREE, just as every fundamentals predict the news and forecast differently, technical traders all read their chart different too...
just entered longs, 1.5893, wanted to wait for a better price, but i just can't risk to miss out... LOL...
and what leads you to go long up here? what do you see on your charts to make you go long?
Don't chase the market, Let the market come to you
ah ok.. just that I heard too many people "think" that EUR is going to fall when we were at 1.57, 1.575 1.58 etc.etc... I don't forecast anything more than 1 hours in front, although i trade to hold for weeks if possible, but as no one can tell the future, if in the next minute, the trend reverses, i still have to close my position whether I like it or not...
- #14,337
- Jul 13, 2008 6:50pm Jul 13, 2008 6:50pm
hi everyone i hope we all have a good trading week...lets make money and help each other out.....
to me it doesnt matter what i think....a lot of traders will tell you that when you think that you know what will happen next in the market you get phucked by its long sword....
when you do what the market is telling you to do...is a whole different story.
to me it doesnt matter what i think....a lot of traders will tell you that when you think that you know what will happen next in the market you get phucked by its long sword....
when you do what the market is telling you to do...is a whole different story.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
- #14,338
- Jul 13, 2008 6:53pm Jul 13, 2008 6:53pm
what is your SL and TP??
and what leads you to go long up here? what do you see on your charts to make you go long?
part 2: I forecast that support will build up and form a base around of 1.5880, the sight of slow down of the fall from 1.5970, good potential gain vs tight stop loss as short term range will be 1.5870-1.5970, the price action around 1.5880, bullish weekly, daily & hourly, is that enough reasons?
- #14,339
- Jul 13, 2008 6:56pm Jul 13, 2008 6:56pm
ah ok.. just that I heard too many people "think" that EUR is going to fall when we were at 1.57, 1.575 1.58 etc.etc... I don't forecast anything more than 1 hours in front, although i trade to hold for weeks if possible, but as no one can tell the future, if in the minute, the trend reverses, i still have to close my position whether I like it or not...
Based upon my current 1H & 4H charts..1.586 is keypoint...
Downside: if current support at 1.589 breaks..1.586 breaks...then next target is 1.576
Upside: if 1.589 holds....next target 1.595..if that breaks..1.6+
Just my 2 cents...
