EURUSD

Should have guessed it was from aus. Do you also use the guppy?

GY is my main pair..but switch to Eu n Gu back (my old pair when start forex) in last 2 week after she messed my head...

ok mate..i need to go..damm tired...only able to recover my losess this week with some +pips from GU&EU..anyway happy weekend and take care

Same to you
I am just about finished for the week myself.

third level usaully 50% mark..assuming your starting at 0 or 100 mark.. if your trading with trend 100% plus. but thats an educated guess when hitting a longer term t/b (top/bottom) tp=take profit..

See you next week regulars. Hope your day was good. Been a v. good day for me to finish the week. Probably look in at the weekend for the gap talk.

its sounds that is bad week for people
see u allll its waste for time already

thank you

Does anyone see a V top with DIV to SHort here at 1.4041? the 1 hr chart on USD/CHF show we are at BTL and 80 MA under it on 15 min TF....

we should start seeing a sell off in 30 - 60 mins

Vinesh2,

Are you saying to wait on SHORTING EU at the 1.4041 mark? Wait for it to try again....

i think u missed the boat buddy. good place to short was at 1.410 u can try a small position but i would not recommend it. Wiait for break and hold of 1.397 area. Again, why are you asking people in the forum. Study charts dude. I could be dead wrong and then u will trapped in a position

I got in short at 1.4035.... hoping for a few more pips before the weekend

Trying out some new indicators which show a drop on the 5/15/30 minute charts.... not sure of target yet, still trying to test it out but guessing at least 1.4010

~Ody

Thanks...I did study my charts and I have a V-top on 5 min and 15min chart with DIV along with the USD/CHF holding at the current level which is a BTL on 4hr chart and I see support there...already got a bounce off of it...so I was just seeing what you were basing your analysis on.

Thanx for the heads-up...

Frankly, couldn't care less 'bout how many pips people make, only interested in market insights and the occasional aha-erlebnis.

I am basing my analysis on pivot points, price action and candle patterns and history of moves. We are already trading well below the weekley pivot and will most likely end the week on sunday with a lower high on weekley and a possible double top and also on some fundementals

read this and make it your bible.

http://trading-u.com/blog/index.php/archives/406

ok guys it was a great week...see u on sunday for gap talk and be ready for lot many IMP news next week from US.

happy pipping

From the technical point of view it looks like a bearish break to me. Also OIL from technical POW might get into a shampoo. Fundamentally I am bearish biased on everything

Oh man, my finger are so itchy! I want to short on 4010 on one side, but I don't want to take a week-end trade on the other. Plzzzzzzz...what should I do?????

Exactly, I don't care how many pips people make, wish everybody the best in trading. But if a guy comes in here bragging about doing this or that, without sharing ideas or strategies on how he was able to do that, it is just BS.
I don't post much and just read and learn, a this point I feel I don't know enough to help other traders, but as I said, I fell for a couple of those scams (can you believe, not once but twice) and now I can spot them a mile away. They all start the same way, posing as someone who is an unreal trader who knows more than everyone else. Then they draw you in with a free service, then next step the free part goes away and they say unfortunately they cannot continue offering the free service but will gladly sign you up for the "premium" service for $299 a month. A few months later you wake up and wonder why you're still not making any money with the premium service and cut your losses, but by then you're out of a few hundred bucks, and the scammers are on to fresh blood. Every day a fool leaves his house and they are easy prey for those guys.
Sad reality is, people are so desperate for a holy grail type of thing, they believe almost anything.
There are several experienced traders here in FF who freely share their knowledge and wisdom without asking for anything in return. If people simply bothered to go through the thread, read and assimilate the concepts discussed here by the senior traders, they would be up and running in no time. That's what I'm doing and my "system" is coming together rather nicely, altho still needs further tweaking. That'll be a project for this wekend.

Sorry for rambling on, good weekend all,
Alex