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  • #20,121
  • Aug 13, 2008 7:53am Aug 13, 2008 7:53am
Quoting atif
What happened to GBP will happen to EU. It will be after GDP report.
Tighten your seat belt for hard fall.
Yes I think some countertrend will last today though with EUR going up slightly before GDP data will pull it down.
  • #20,122
  • Aug 13, 2008 7:53am Aug 13, 2008 7:53am
Quoting acumen
I also use Oanda and Alpari (Metatrader)

No spikes.

Stop hunting pure and simple.
have u seen Alpari hunt stops? I also trade with them never seen it yet......
  • #20,123
  • Aug 13, 2008 7:56am Aug 13, 2008 7:56am
http://1.bp.blogspot.com/_nmIuQsC9b-...er++eurrrr.png



When I trade for me moust important is Entry. My Entry is intraday Pivot.In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.

Same time I looking how correalat USDwith othet USD (NZD,AUD,GBP,CHF,JPY)
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  • #20,124
  • Aug 13, 2008 7:57am Aug 13, 2008 7:57am
Quoting airwind
dude...i think your SL was touched.....
I have been out for a while... yep it did, but I still think e/u will go north so I re-entered this position on previous sl level, tp the same 1,5050, sl 20pips
  • #20,125
  • Aug 13, 2008 7:58am Aug 13, 2008 7:58am
Quoting >Apocalypto<
have u seen Alpari hunt stops? I also trade with them never seen it yet......
However... I have never seen them stop hunt.
  • #20,126
  • Aug 13, 2008 8:00am Aug 13, 2008 8:00am
Quoting >Apocalypto<
have u seen Alpari hunt stops? I also trade with them never seen it yet......
I have seen a lot of spikes on ALPARI !

But I was only on Demo
  • #20,127
  • Aug 13, 2008 8:14am Aug 13, 2008 8:14am
looking good

Quoting Rocroy
a bit risky but let's test the theory

short 4922, sl 4935
  • #20,128
  • Aug 13, 2008 8:17am Aug 13, 2008 8:17am
c'mon break the pivot
simple....
  • #20,129
  • Aug 13, 2008 8:18am Aug 13, 2008 8:18am
I think investors are not giving any importance to US July retail sales.
Oil price was at it's pick at that time.
Now, as oil price came down from August Retail sales will start to pick up.
So, July retail sales is not a issue anymore.
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  • #20,130
  • Aug 13, 2008 8:18am Aug 13, 2008 8:18am
We are sitting right at the PP and the all important psych level of .4900.

Volume anemic so I suggest the sidelines.

Additionally - If you must trade I'd wait for the 10:30 fix. (All the new is out and digested)

It looks like a great day to lose money.
  • #20,131
  • Aug 13, 2008 8:21am Aug 13, 2008 8:21am
Quoting acumen
We are sitting right at the PP and the all important psych level of .4900.

Volume anemic so I suggest the sidelines.

Additionally - If you must trade I'd wait for the 10:30 fix. (All the new is out and digested)

It looks like a great day to lose money.
"All the news is out and digested"

Huh? We have EIA numbers at 1035am est that will be the main driver of the market today?
Pippin ain't easy, but it sho is fun!
  • #20,132
  • Aug 13, 2008 8:25am Aug 13, 2008 8:25am
Quoting Algirdas
http://1.bp.blogspot.com/_nmIuQsC9b-...er++eurrrr.png



When I trade for me moust important is Entry. My Entry is intraday Pivot.In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.

Same time I looking how correalat USDwith othet USD (NZD,AUD,GBP,CHF,JPY)
so you would entry to sell if the price touched the pivot, right ?

which is the pivot ? 1.4924 or 14976 ?
  • #20,133
  • Aug 13, 2008 8:29am Aug 13, 2008 8:29am
an order to sell on the Pivot and a SL above the Pivot . And the Pivot is the upper one ofcourse .
The Pivot is broken , any comments on that ?
simple....
  • #20,134
  • Aug 13, 2008 8:33am Aug 13, 2008 8:33am
This forum is one of a kind. First we have people shouting for longs..... and now it is quiet.
  • #20,135
  • Aug 13, 2008 8:34am Aug 13, 2008 8:34am
exit at 4882, need to go...

Quoting Rocroy
a bit risky but let's test the theory

short 4922, sl 4935
  • #20,136
  • Aug 13, 2008 8:35am Aug 13, 2008 8:35am
Quoting kodie2006
"All the news is out and digested"

Huh? We have EIA numbers at 1035am est that will be the main driver of the market today?
Then wait until the 10:45.

Sometimes you've got to read between the lines.

If the Fed were speaking at 2:00PM then the fix probably wouldn't apply either.
  • #20,137
  • Aug 13, 2008 8:37am Aug 13, 2008 8:37am
Guys,

Do you have the Pivot indicator for MT4?

Thanks in advance,
JC
  • #20,138
  • Aug 13, 2008 8:40am Aug 13, 2008 8:40am
Yeah , I've got the DailyPivotPoints indicator on my'n , you should find it at mql4 [ dot ] com
simple....
  • #20,139
  • Aug 13, 2008 8:41am Aug 13, 2008 8:41am
Quoting HarshFX
This forum is one of a kind. First we have people shouting for longs..... and now it is quiet.
That's a investor physiology.
They all picked the bottom and went for long but GBP proved that you can't never guessed the bottom.
So all chartist went back to their drawing board and started to doubt their theory.
All chartist are busy drawing downward chart at this point
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  • #20,140
  • Aug 13, 2008 8:44am Aug 13, 2008 8:44am
Quoting James Cole
Guys,

Do you have the Pivot indicator for MT4?

Thanks in advance,
JC
Here the pivot
Attached File(s)
File Type: ex4 #WSSpivot.ex4   59 KB | 408 downloads
File Type: mq4 Pivot Points.mq4   10 KB | 354 downloads
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