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EURUSD

  • #68,721
  • Feb 24, 2009 4:07pm Feb 24, 2009 4:07pm
Massive short ahead
  • #68,722
  • Feb 24, 2009 4:10pm Feb 24, 2009 4:10pm
Quoting OzorioFX
Massive short ahead

How many lots you're putting in?!
Traders are smartasses
  • #68,723
  • Feb 24, 2009 4:12pm Feb 24, 2009 4:12pm
Quoting OzorioFX
Massive short ahead
after japaneses eat their insects for breakfast, come to this forum and read this, they'll do it for sure! otherwise big guys come to theiir coountry and eat them for breakfast, even their new game PS3 Jakuza3 (which I want to order) won't help them! so they should be good shorting guys!

Quoting Spsantos
How many lots you're putting in?!
500 lots.... in my dreams would be OK
ROBOT FOREX
  • #68,724
  • Feb 24, 2009 4:20pm Feb 24, 2009 4:20pm
Hi All!

I am a new member to this site but I have been watching this particular thread for more than 1 month now and i have to say..this is one of the most exciting and contributing threads around. Looking forward to be part of the force! Keep it flowing guys and good pippin y'all!

My 2 cents:
I think Eur is gonna go a little stronger during the Asian market. Current Pivot @ 1.2775. R1 @ 1.2886 has been broken about 3 hrs ago. Next is R2 @ 1.3102. 1H fibo tells me consolidation has been going on at 23.6% range for 4hrs already...if it doesnt go below 31.8% for the next 1-2 hrs it should heads north. Still S1 @ 1.2559 is yet to be retested again....dunno when...could be now...could be later.

This is just my way of looking at the market. Feel free to comment.
Collecting pips
  • #68,725
  • Feb 24, 2009 4:24pm Feb 24, 2009 4:24pm
now I see how FXOpen cheats people, they constantly have 20 pips difference exactly only on this pair EURGBP while other brokers are OK
Punishing time for them is coming soon I tell you!
ROBOT FOREX
  • #68,726
  • Feb 24, 2009 4:33pm Feb 24, 2009 4:33pm
looks like its goign to come back down
almost double top on 5min and it is devergent.

well if it igoes up a bit more will be atleast..hehehe little quick to say ...
If you need something important don't hesitate to ask someone else.....
  • #68,727
  • Feb 24, 2009 4:43pm Feb 24, 2009 4:43pm
Quoting cdrmaster
looks like its goign to come back down
almost double top on 5min and it is devergent.

well if it igoes up a bit more will be atleast..hehehe little quick to say ...
No, it is NOT Divergent.....both TOP patterns decline.
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  • #68,728
  • Feb 24, 2009 4:45pm Feb 24, 2009 4:45pm
It could go either way, but the 30M is showing pattern of higher highs and higher lows. And the PA is coming up out of a Bollinger Band squeeze.
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  • #68,729
  • Feb 24, 2009 4:45pm Feb 24, 2009 4:45pm
Quoting traderathome
No, it is NOT Divergent.....both TOP patterns decline.
He's not talking about the high. He's talking from the peak of the retrace from the low. If you look at stoch's on the 1H it's there from the high also.
  • #68,730
  • Feb 24, 2009 4:47pm Feb 24, 2009 4:47pm
I don't know why I have the feeling that in the next 1h max it will fall @2750 ... or I'm too tired
  • #68,731
  • Feb 24, 2009 4:53pm Feb 24, 2009 4:53pm
Quoting Byrd
He's not talking about the high. He's talking from the peak of the retrace from the low. If you look at stoch's on the 1H it's there from the high also.
Show me a chart.
  • #68,732
  • Feb 24, 2009 5:02pm Feb 24, 2009 5:02pm
Quoting traderathome
Show me a chart.
Double top forming.... I'm not here to fight you man.
Attached Images
  • #68,733
  • Feb 24, 2009 5:08pm Feb 24, 2009 5:08pm
Quoting acumen
Sure... it's not for the masses but either is winning.

Here's how I traded this market.

The bulls are trying very hard to keep this dog afloat.

We will see how that works.

I use pivots and psych levels as entry and exit points and I trade with less than 1% capital on each trade.

If you can speak Onada you can see that today I took about 80 PIPS out.

Usually less... my goal is 40 and I often hit that mark.

Scalping takes practice like any other form of trading and there are some that are quite good at it.

Mike
When I try to upload my Oanda charts, they are apparently too big, so I have to resort to MT4... Do you re size them somehow?
(ie: mine are like 10MB, and I think the limit for jpeg, bitmap is xxxKB).
  • #68,734
  • Feb 24, 2009 5:08pm Feb 24, 2009 5:08pm
looks like double top in the making or M. considering 1.2870 has acted as strong support/resistance for the whole month...i see no reason to break that level at this time. Short with a small short...first target the previous high at 1.2820 or if we drop fast I may hold position until 1.2760..time will tell..all if i dont get stopped out first of course. Good pippin all

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edit: just saw all the posts on double top...i see its catching on haha...ah well im glad many of us see the same thing

double edit: do note that we could also develop a cup and handle here (nice uptrend followed by small retrace)...which is why im only in with a small position
Different opinions highly valued, ignorant to slander.
  • #68,735
  • Feb 24, 2009 5:08pm Feb 24, 2009 5:08pm
Well, I don't see anyone posting a supporting chart. So here is the 1H chart I see, which tells a BULLISH story based on Divergence.
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  • #68,736
  • Feb 24, 2009 5:09pm Feb 24, 2009 5:09pm
Quoting traderathome
Show me a chart.
you coudl use these 2 highs or you coudl wait for it to go a bit higher like I said and then it will be..botha double top and devergent..
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If you need something important don't hesitate to ask someone else.....
  • #68,737
  • Feb 24, 2009 5:10pm Feb 24, 2009 5:10pm
Down we go... my objectives are 1.19/1.18 (yes...)
mark and remember this post...
  • #68,738
  • Feb 24, 2009 5:11pm Feb 24, 2009 5:11pm
Quoting Mysticdiver
When I try to upload my Oanda charts, they are apparently too big, so I have to resort to MT4... Do you re size them somehow?
(ie: mine are like 10MB, and I think the limit for jpeg, bitmap is xxxKB).

the pic you are trying to upload is probably a bmp .. just open the pic and resave it as a jpeg and it shoudl auto make it smaller..
If you need something important don't hesitate to ask someone else.....
  • #68,739
  • Feb 24, 2009 5:13pm Feb 24, 2009 5:13pm
Quoting cdrmaster
I found the same for scalping just short of 200pips today with 10min left in the day ..
I had 3 trades today for 377 pips...
I am not knocking scalping either, my record is 72 trades in 1 day for an average of 7 pips a trade. Did over 40% that month... 09/07 g/j.
  • #68,740
  • Feb 24, 2009 5:14pm Feb 24, 2009 5:14pm
If you take last fall lows (28.10. 13.11. and 21.11) as trendline points, we have been ranging around it since last week.
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