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EURUSD

  • #40,921
  • Oct 22, 2008 4:35pm Oct 22, 2008 4:35pm
Quoting DrogbaFx
I am on my way short, hope I am right.
make some dough!
  • #40,922
  • Oct 22, 2008 4:39pm Oct 22, 2008 4:39pm
could be a tide turner.
  • #40,923
  • Oct 22, 2008 4:41pm Oct 22, 2008 4:41pm
I am not that confident at all that it makes huge drop right now. Sitting aside and watching a bit...
They think they are smarter than I am.
  • #40,924
  • Oct 22, 2008 4:41pm Oct 22, 2008 4:41pm
Quoting psiholog
...EDIT: all note how the majority says short...only 2 of us are long....be wise guys and choose the right side...
I'm long. SL below previous support of 2811 and well below the lower trendline on both the 15M and 4H.
  • #40,925
  • Oct 22, 2008 4:48pm Oct 22, 2008 4:48pm
Quoting psiholog
i reentered again at 1.2829...this time keeping 40 pip stop loss as only a break down would take me out...in which case i switch sides again...a sacrifice well worth taking


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EDIT: all note how the majority says short...only 2 of us are long....be wise guys and choose the right side...
Trading during the off hours?...hmm. Well we shall see who wins this battle
  • #40,926
  • Oct 22, 2008 4:52pm Oct 22, 2008 4:52pm
Quoting big_pipin
Trading during the off hours?...hmm. Well we shall see who wins this battle
its about picking best entry point really...if one has a long bias at the moment such as myself...i think this is one of the better entry points...i mean look at this...11bears (4h candles) in a row...at least one bull should follow...possibly tap the 1.3940 point again before resuming south...or end up as a 1pip bull doji??...i have never seen this scenario...ever...not even hypothetically

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Different opinions highly valued, ignorant to slander.
  • #40,927
  • Oct 22, 2008 4:59pm Oct 22, 2008 4:59pm
Quoting kujo17
that's good man !! Scalpin is tough to teach, but it's all I've been doing lately.
Just too crazy out there... M1 strat's workin it.
you're right of course, i just didn't want to sound too encouraging... its probably safe to say it's (nearly) impossiible to scalp and post or teach to scalp and post. it's easy to post tho....

btw, i'm short (new entries) the planet from 25.80 to 25.50 ej, 59.30 GY, and 28.67 eu... plus the 4 old runners that are out to pasture... .4086 and .3504 EU and 39.24 and 33.50 EJ. I closed the rest out as they were getting in the way and not really earning their keep anymore.

My wife says that works both ways...
FUBAR...
  • #40,928
  • Oct 22, 2008 5:03pm Oct 22, 2008 5:03pm
I am long too.
  • #40,929
  • Oct 22, 2008 5:32pm Oct 22, 2008 5:32pm
Quoting Indroole
I am long too.
I dont know why do you think to go long. Bear flag in 1 hour
  • #40,930
  • Oct 22, 2008 5:33pm Oct 22, 2008 5:33pm
Quoting psiholog
i think this is one of the better entry points...i mean look at this...11bears (4h candles) in a row...at least one bull should follow..
I don't care how much manifesting your own destiny you're doing. That logic will make you bankrupt.
  • #40,931
  • Oct 22, 2008 5:38pm Oct 22, 2008 5:38pm
It is about to drop any time now usually just like what happen at 1.30 it stayed there for quite some time before resuming the big drop.
  • #40,932
  • Oct 22, 2008 5:41pm Oct 22, 2008 5:41pm
Hi guys I am back as some of my FF friends pulled me back. Now I am with new courage and new thinking.
On one hour chart I see a contiual Flag pattern which shows that major bearish is comming. Is it correct? Please give your thoughts and mark my mistake.

Thanks.
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  • #40,933
  • Oct 22, 2008 5:42pm Oct 22, 2008 5:42pm
I'm going to put this out here one more time...

This market is almost completely yen driven right now. Even the dollar /yen is succumbing to the pressure... since as recently as last evening. There is a cascade failure either in motion or we're on the threshold of one. All of this micro analysis of the the EU pair w/o consideration or understanding on SOME level of the yens place in everything is therefore one sided, and very vulnerable. This pair does NOT exist in a vacumn.

Any yen trader here will understand what I'm saying... The EJ and GY are two of the best indi's out there right now. Get in front of that bus and get flattened.

Forecasts or claims about this or that move that don't take into acount the macro picture on SOME level, are just hooey imo. Maybe they will and maybe they won't... This market is taking out large corporations and nations that have weathered depressions and world wars. It doesn't even feel the bump when it rolls over you or me...

That's it. Dinner bell is ringin.
FUBAR...
  • #40,934
  • Oct 22, 2008 5:43pm Oct 22, 2008 5:43pm
hi juys

i would like to thank many of you traders for every moment i have in DA market, i enjoy being with you guys

some very good traders send me private message to ask me
why price dont go up , is really the trend is up and all this movement to down is just retrace.

i 100% sure and confirmed from the trend guys trend are up for geppy.

GBP (British pound vs all currencies are up trend )
and you can see my analysis in cable room to confirm.
JPY (yen vs all currencies are down trend, and the jpy index confirm my words).
you can see my analysis in usd yen discussion room.

so why geppy fall down like this way

the answer in fundamental aspect!!!!

as i said before all the buyers and sellers in those threads ,
so if you found everyone post focused on the up movement that will happen (up trend) so the price will go down coz all the traders will take long positions & visa verse.

so be sure from the trend my friend, but you have to but your eyes on fundamental too.

trade well.
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  • #40,935
  • Oct 22, 2008 5:45pm Oct 22, 2008 5:45pm
Is it possible that I see my charts blood red since 2 days?
No sign for retrace nowhere.

Gonna have a look to that famous AK4X hypnotic bear square again.
  • #40,936
  • Oct 22, 2008 5:47pm Oct 22, 2008 5:47pm
I also feel there is a drop coming

Gold price still falling
Oil price still falling
London and Euro equities still being sold on bad earnings results
yen very strong

I can't even remember what a bull looks like on this pair, I only see bears

Just my two cents worth

Simon
99% of Traders fail, so don't follow the herd
  • #40,937
  • Oct 22, 2008 5:51pm Oct 22, 2008 5:51pm
Quoting ak4x
I'm going to put this out here one more time...

This market is almost completely yen driven right now. Even the dollar /yen is succumbing to the pressure... since as recently as last evening. There is a cascade failure either in motion or we're on the threshold of one. All of this micro analysis of the the EU pair w/o consideration or understanding on SOME level of the yens place in everything is therefore one sided, and very vulnerable. This pair does NOT exist in a vacumn.

Any yen trader here will understand what I'm saying... The EJ and GY are two of the best indi's out there right now. Get in front of that bus and get flattened.

Forecasts or claims about this or that move that don't take into acount the macro picture on SOME level, are just hooey imo. Maybe they will and maybe they won't... This market is taking out large corporations and nations that have weathered depressions and world wars. It doesn't even feel the bump when it rolls over you or me...

That's it. Dinner bell is ringin.

When fear is rampant fundamental analysis really isn't that helpful. Perception can be more important than anything else.
  • #40,938
  • Oct 22, 2008 5:52pm Oct 22, 2008 5:52pm
somethings is about to happen.

We'll all know real soon.

As someone mentioned this action is breaking Billion Dollar hedge funds, crumbling nations, and putting global banks in default.

how is this possible?

bounce off lower BB only hope
  • #40,939
  • Oct 22, 2008 5:59pm Oct 22, 2008 5:59pm
short 1.2850

SL: 1.29

TP: 1.27

any one push it up or down no problem... i need 2 sleep..
  • #40,940
  • Oct 22, 2008 6:07pm Oct 22, 2008 6:07pm
Quoting cobraforex
Is it possible that I see my charts blood red since 2 days?
No sign for retrace nowhere.

Gonna have a look to that famous AK4X hypnotic bear square again.
YEPEEE, was working again for a nice short 20 pips scalp.
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