EURUSD

shorted and TP 3625

wave analysis

wating to breack 1.3660 and thet i will lock 3 short trade some BE some +10 pips and i will tight my belt to drop down to hit 3625

Not know much about or need more deeply too. I am residing in middleeast & I know the pain when it start coming down in our daily life.Gone beyound expectation & below both have the similar effect but after the boom any down was most painfull. not explaining why ? everybody should have know when he need to meet the daily needs.

Humankind will never beyound the need of natural resources of ennergy any time , may change from one form to another , even if start using water exessively it certain going to short oneday to an alarming state , perhaps in process now .
Again oil is not much available than water in this earth and we ( living things ) need to increase population enormously & die fast to have more oil in the future ? not yet in reality.
Only the fools can reduce the price or increase production in oil for whatever reason any time in the world/for any request from any power or excercises force measure to they should not reduce the commodity like oil & once do it others will take all advantages of excessive milking without proper food in a hostile environment.

Anyway let them do their own job & we are living too many years to see all the consequences .

Bankrupty ? yes , if they not aware of themselves nor saving their commodity for the future nor developing other resources & overall if they continue live in such environment as mentioned above then certainly yes ,very soon.

Not any expert to tell all these things ,just have some time & writing my views about oil & the countries related.
fontu

Inside bar made in 4 hr. Break below and we should see more traders, including long term jump on this trip. Don't spill the coffee if they do cause they are a wild bunch in disguise.

market moves in cycles similar to nature. there are horizontal cycles like s/r fibs etc then there are vertical cycles like fib time and cycle lines in my opinion. go to 4shared and search for gann pesavento walter bressert (most important) and also look up carolyn boroden and john murphy and martin pring to start i have these books just haven't made time to read them all. check out evelyn wood reading dynamics and breakthrough rapid reading on amazon if you want to learn to read faster. good luck.

this thread good also
http://www.forexfactory.com/showthread.php?t=42407

the basics of cycle lines are similar to fibs draw from major bottom to major top on smaller and higher timeframes to try to find places where market makes reversal

Almost forgot SL 3710. Can't trade without a safety net

This Cat must be above 3660 for bull continuation.

Divergence OIL vs GOLD,SPX - EUR in RANGE.

OIL opened with ~1,5% gap upwards - which in turn triggered the run for 1.37 of EU. Stocks dumped but EU holding.

My SL moved to 1.3698

i like to see 1H candle turn to red

PA seems to be taunting the day traders and if 13730 not taken out soon, we mabbe seeing some deeper retracement coming into play.....

Wait for the indices to cool down. If EU still holding we might see a breach soon.

How come there is no hadging in ibfx

PA traveled a long way for it not to test the 1.3730 area. It appears to be headfaking right now.

morning folks

look for auxesis- simple charts on forex factory

I use [edit]XTB. They allow you to hedge. However, I did it once and was enough for the rest of my life. You'll lose your money anyway. If you first took a wrong decision and hedged your position what guarantees you the second decision will be good? Or the third? Or the fourth...

Take your loss and improve your trading strategy. Hedging is just losing money at a slower pace. My 0.02EUR (USD is overrated )

Good mornin to you, and are you trading full time today

come on baybe come on i am waiting you @ 3625