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EURUSD

  • #20,141
  • Aug 13, 2008 8:50am Aug 13, 2008 8:50am
BEARISH outlook in USD/CHF (Mirror of EUR/USD = Bullish) - look at chart
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #20,142
  • Aug 13, 2008 8:51am Aug 13, 2008 8:51am
Quoting atif
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
that was an intelligent post!

  • #20,143
  • Aug 13, 2008 8:53am Aug 13, 2008 8:53am
Quoting acumen
It looks like a great day to lose money.
COB Cost Of Business

Broker widens spread out of the sudden at 7:00 for 30 secs - stopped out for -8 pips
There where no news announced at FF that time
2 Fills with 2.5 Pips Slippage each = 5 Pips

makes 13 Pips

I don't complain - that belongs to this game.

You loose some not only through bad trading - a lot of more things can happen. Be prepared
  • #20,144
  • Aug 13, 2008 8:54am Aug 13, 2008 8:54am
Quoting atif
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

  • #20,145
  • Aug 13, 2008 8:55am Aug 13, 2008 8:55am
Quoting jckm
BEARISH outlook in USD/CHF (Mirror of EUR/USD) - look at chart
Lucky me then. I am buying the swiss franc and selling the us dollar, all the way from 1,09175. How much do you think it will go down?

Maarten
  • #20,146
  • Aug 13, 2008 8:56am Aug 13, 2008 8:56am
Quoting airwind
Here the pivot
Thanks!
  • #20,147
  • Aug 13, 2008 9:03am Aug 13, 2008 9:03am
Quoting James Cole
Thanks!
and here the other pivot, i dont know which macth for you...

and you're welcome....my friend
Attached File(s)
File Type: mq4 ###Auto Pivot.mq4   15 KB | 319 downloads
  • #20,148
  • Aug 13, 2008 9:12am Aug 13, 2008 9:12am
Quoting James Cole
Guys,

Do you have the Pivot indicator for MT4?

Thanks in advance,
JC
http://www.thefxpivotpoint.com/Videos.htm
  • #20,149
  • Aug 13, 2008 9:15am Aug 13, 2008 9:15am
Quoting Srikanth
that was an intelligent post!

Yes i remember everyone two days ago was hankering to go long GBP/USD....bad call.

This pair is still south...hooo boy. BRACe yourselves for the plunge tomorrow!!!
  • #20,150
  • Aug 13, 2008 9:19am Aug 13, 2008 9:19am
looking for long entry round 4845, if PA is appropriate
  • #20,151
  • Aug 13, 2008 9:22am Aug 13, 2008 9:22am
Quoting atif
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
Do you mean psychology or physiology?

Most of us aren't investors - were traders - huge difference.

Additionally - the majority of the chartist have said that this pair is due for a retrace and long term the trend remains intact - which is down.
  • #20,152
  • Aug 13, 2008 9:22am Aug 13, 2008 9:22am
Quoting airwind
Here the pivot
Hi. Do you have good experience with wsspivot?

Thanks,
Ed
Up or down, gimme a ticket
  • #20,153
  • Aug 13, 2008 9:24am Aug 13, 2008 9:24am
i'm long at 4860, a bit early perhaps

ok, this was my last entry call, don't intend to start a signal service here

Quoting Rocroy
looking for long entry round 4845, if PA is appropriate
  • #20,154
  • Aug 13, 2008 9:31am Aug 13, 2008 9:31am
Quoting Rocroy
i'm long at 4860, a bit early perhaps

ok, this was my last entry call, don't intend to start a signal service here

Cuidado muy peligroso
  • #20,155
  • Aug 13, 2008 9:31am Aug 13, 2008 9:31am
I'm down quite a bit with my two longs, but I also went short 4 times to hedge. Closed out two initial shorts with success, and am holding on to one at 4932 and another at 4922. We'll see what happens today/tomorrow, but I am also building with a couple more long positions - I wouldn't be surprised if the dollar strengthened a bit more, but I expect in the next week or two we'll see this trend reversing. Just my 2 cents... For those getting burned, just remember to follow the trends, and maintain some balance in your trading - it's easy(and yes, can be profitable) to sit there with your finger on the trigger all day scalping, but sometimes you need to step away, and learn to have a little faith in the decisions you've made. Make use of the SL and TP if you're having trouble being disciplined about closing out your positions, and don't forget to look at the larger trends as much as you focus on the day-to-day. Hang in there.
  • #20,156
  • Aug 13, 2008 9:37am Aug 13, 2008 9:37am
hey, looking good

if you entered, don't close too soon, could be a runner

Quoting Rocroy
i'm long at 4860, a bit early perhaps

ok, this was my last entry call, don't intend to start a signal service here
  • #20,157
  • Aug 13, 2008 9:37am Aug 13, 2008 9:37am
Quoting SpecialEd
Hi. Do you have good experience with wsspivot?

Thanks,
Ed
I dont know, cause i just got it last week.

there is bule area for long and visa versa.
  • #20,158
  • Aug 13, 2008 9:44am Aug 13, 2008 9:44am
I think we should watch out going long, because it looks like downtrend canal is forming now and it looks quite strong.
  • #20,159
  • Aug 13, 2008 9:51am Aug 13, 2008 9:51am
Oil spiking..
  • #20,160
  • Aug 13, 2008 9:54am Aug 13, 2008 9:54am
at this current market condition just trade based on candlestick pattern guys instead of trying to predict where this pair would go.. well, unless you're a long term trader
Money often costs too much...
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