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EURUSD

  • #97,701
  • May 19, 2009 1:31pm May 19, 2009 1:31pm
Quoting klinckphilip
I am trying to understand how the eur is pushing againsed the double top with no real volume and with no real reguard for that level
The EUR/USD is tied to the US stock indices like a blind man to a runaway pig.

S&P will pull E/U up if it wants to.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #97,702
  • May 19, 2009 1:32pm May 19, 2009 1:32pm
Quoting fontu
Getting more complicated perhaps going make double top for any drop if price halt at level 1.3656 wherase building my shorts as this up was not expected .God bless me.
Yeah just added a heafty position after pop to 40 and now sitting at 47. Kind of confused but trusting my charts so I guess just waite it out and do something else till then
  • #97,703
  • May 19, 2009 1:50pm May 19, 2009 1:50pm
Price action petering out, bankers are headin' out to get on the train back to Connecticutt.

9 for 9 quick scalps for about $135 over a couple hours. How many pips? I don't know, don't care. I can't eat pips.

The dealer misinformation perpetuated on this and other forums concentrates on big pip targets and totals. Don't be fooled. If you have a well capitalized account you can make a living on 10 pips a day. How hard is that?

I will be back for the better fishin' at the the FO/LO.

Good luck everyone.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #97,704
  • May 19, 2009 2:00pm May 19, 2009 2:00pm
Quoting dbfusion
are you shorting the pair now ?

can you please say whats your target if you are shorting, coz I am shorting it now too
Yes , instead I know bulls coming one after the other I am shorting .
They will not see any light by the time I close my computer & so I am keeping overnight tp as short as possible , 1.3562, but they should be 1.3537/1.3484 if works or not totally ignore our intention /totally take different routes .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #97,705
  • May 19, 2009 2:02pm May 19, 2009 2:02pm
I agree, but, Some of those Daily wicks extend into the 3800 levels. This has hit this level a bunch and this may be the time.


Quoting banzai
Strong daily resistance around 1.3662
  • #97,706
  • May 19, 2009 2:04pm May 19, 2009 2:04pm
Quoting The Fool
Price action petering out, bankers are headin' out to get on the train back to Connecticutt.

9 for 9 quick scalps for about $135 over a couple hours. How many pips? I don't know, don't care. I can't eat pips.

The dealer misinformation perpetuated on this and other forums concentrates on big pip targets and totals. Don't be fooled. If you have a well capitalized account you can make a living on 10 pips a day. How hard is that?

I will be back for the better fishin' at the the FO/LO.

Good luck everyone.
Do you really think that anyone is interested in this kind of postings?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #97,707
  • May 19, 2009 2:04pm May 19, 2009 2:04pm
Quoting The Fool
If you have a well capitalized account you can make a living on 10 pips a day. How hard is that?
That is very true. I realized that couple of months ago when I lowered my pips and increased my lots. I'm not growing gray hair anymore, I'm totally relaxed and happy ever since .
  • #97,708
  • May 19, 2009 2:06pm May 19, 2009 2:06pm
You guys can go ahead and short if you want, but, 1 look at the 4 Hr, ( Morning Star) and Daily, ( Morning Star ), tell me no way. The hidden divergence has proven right again.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu day.gif Size: 29 KB
  • #97,709
  • May 19, 2009 2:06pm May 19, 2009 2:06pm
Quoting The Fool
Price action petering out, bankers are headin' out to get on the train back to Connecticutt.

9 for 9 quick scalps for about $135 over a couple hours. How many pips? I don't know, don't care. I can't eat pips.

The dealer misinformation perpetuated on this and other forums concentrates on big pip targets and totals. Don't be fooled. If you have a well capitalized account you can make a living on 10 pips a day. How hard is that?

I will be back for the better fishin' at the the FO/LO.

Good luck everyone.
this is my actual situation...20 or 30 pips a day with 2 or 3 lots...and i think this is the best way!
  • #97,710
  • May 19, 2009 2:10pm May 19, 2009 2:10pm
Quoting KillerWhale
Do you really think that anyone is interested in this kind of postings?
You may put me on ignore if you are not. I tend to find something interesting in whatever anyone might have to say.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #97,711
  • Edited 2:13pm May 19, 2009 2:11pm | Edited 2:13pm
Quoting govno
That is very true. I realized that couple of months ago when I lowered my pips and increased my lots. I'm not growing gray hair anymore, I'm totally relaxed and happy ever since .
I could'nt manage risk at 10 pips. 3 goes to broker then what win 100% of the time.

Im a long-term to medium with some bad short-term trades mixed in. I go for anywhere from 30-100 at a time.
  • #97,712
  • May 19, 2009 2:13pm May 19, 2009 2:13pm
Quoting fontu
Yes , instead I know bulls coming one after the other I am shorting .
They will not see any light by the time I close my computer & so I am keeping overnight tp as short as possible , 1.3562, but they should be 1.3537/1.3484 if works or not totally ignore our intention /totally take different routes .
fontu
thank you

I hope it goes well with you
I SEE YOU !!
  • #97,713
  • May 19, 2009 2:14pm May 19, 2009 2:14pm
Also, did anyone notice the Bullish Candle formation Rising 3 formation. This is a tell tale continuation sign.

MK
Attached Image (click to enlarge)
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  • #97,714
  • May 19, 2009 2:16pm May 19, 2009 2:16pm
New Video "Take some Profit":
http://www.algforex.com/images/stori...eprofit_1_.wmv
I do just teaching.
  • #97,715
  • May 19, 2009 2:19pm May 19, 2009 2:19pm
hi traders, everyone makin lots of pips today?
  • #97,716
  • May 19, 2009 2:22pm May 19, 2009 2:22pm
Quoting KillerWhale
Do you really think that anyone is interested in this kind of postings?
Don't get me wrong, I don't believe everyone posting here is a dealer's shill. But when one's innocuous comments are berated (by a "Senior" member, no less,) it make's one wonder....

In the spot forex market THE DEALERS WANT YOU TO LOSE YOUR MONEY.

If the forums are sponsored by the dealers, well you can put two and two together.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #97,717
  • May 19, 2009 2:22pm May 19, 2009 2:22pm


Quoting Atlast
hi traders, everyone makin lots of pips today?
  • #97,718
  • May 19, 2009 2:24pm May 19, 2009 2:24pm
Quoting Atlast
hi traders, everyone makin lots of pips today?
whats your prediction atlast ?
regarding current PA


north or south
I SEE YOU !!
  • #97,719
  • May 19, 2009 2:26pm May 19, 2009 2:26pm
Quoting Atlast
hi traders, everyone makin lots of pips today?
Hi Dbby & AtLast.

Yep...made a shed load of pips today. That cycle thingy is working a treat. Although I was long from 3614 and ended up closing at 3621 (NOT in accordance with my cycle) only to see the price continue upto these levels...
  • #97,720
  • May 19, 2009 2:31pm May 19, 2009 2:31pm
Pair is testing the recent resistance level, ( 1.3655 ), and if it holds will move to test the last Daily high which is part of a twin peak setup off the weekly. I think 1.3780 is reaching a bit on this try, I think 3720-3740 is attainable without a serious retrace. I have been waiting for a flag to form but no go. I don't short until black trendline is broken.
Attached Image (click to enlarge)
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