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  • #198,201
  • Feb 18, 2010 9:11am Feb 18, 2010 9:11am
Quoting malcolmb14
closed ... no selling pressure at all
i took it at 43...closed at 27 same reason
hang on to your bread......unless you want toast
  • #198,202
  • Feb 18, 2010 9:14am Feb 18, 2010 9:14am
Quoting malcolmb14
closed ... no selling pressure at all
i have a line at 43 from yesterday.....soft top
hang on to your bread......unless you want toast
  • #198,203
  • Feb 18, 2010 9:15am Feb 18, 2010 9:15am
Quoting nakedeye
nice one
I am just wondering if people here are really making pips. what you guys do when the bear turned to bull? hold on to your positions? Lucky I did not trade today.
  • #198,204
  • Feb 18, 2010 9:18am Feb 18, 2010 9:18am
Personally I dont think that the situation is ready for a long position. From the low of 3540 we have a elongated flat correction, that has high chances of reversing. I rather wait till 3480 before going long. The drop from 3789 is a 3 sectional drop that is missing the last section. Waiting till 3480 before going long
  • #198,205
  • Feb 18, 2010 9:19am Feb 18, 2010 9:19am
Quoting PipMaxzz
what you guys do when the bear turned to bull?
..then you will see the 90% ( except magic 6 ) are bull
  • #198,206
  • Feb 18, 2010 9:19am Feb 18, 2010 9:19am
wide spread down bar few hours back ihhg volume

I think i spoke about this yesterday. Close of that candle 1.3620

may be overnight was some form of accumulation as we are now above that 4 hour close ...

above 1.3620 is long into 1.3750 on 4 hour , below we will see 1.3550

This looks like accumulation to me but market has been so whacked recently i am confused as hell and taking it day by day

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Blogging daily now at www.volume.zone
  • #198,207
  • Feb 18, 2010 9:19am Feb 18, 2010 9:19am
Quoting Emp
1 day up, next day down blah blah blah ...... price action is getting confused. My charts are all deemed useless.

Anybody can show their charts to explain? Thanks.
Look like this? This chart was updated to reflect recent changes.
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  • #198,208
  • Feb 18, 2010 9:20am Feb 18, 2010 9:20am
A mirage of euro


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  • #198,209
  • Feb 18, 2010 9:20am Feb 18, 2010 9:20am
Quoting Gld
i have a line at 43 from yesterday.....soft top
looking for some form of test for long entry on a 10 min chart
Blogging daily now at www.volume.zone
  • #198,210
  • Feb 18, 2010 9:20am Feb 18, 2010 9:20am
uuuh huuu nearly went long DAX and S&P but just could pull the trigger as the bars where not strong enough. Will wait to see if this was right or wrong....
Trade on your own risk Plan your trade&trade your plan dont be a
  • #198,211
  • Feb 18, 2010 9:20am Feb 18, 2010 9:20am
time to short....jobama talking
hang on to your bread......unless you want toast
  • #198,212
  • Feb 18, 2010 9:21am Feb 18, 2010 9:21am
The bears turn to bulls at major support levels and thats quite normal. Those who sell at a support level cannot blame forex, but themselves. And, using only candles, you cannot determine whether bulls or bears are controlling the market.

Quoting PipMaxzz
I am just wondering if people here are really making pips. what you guys do when the bear turned to bull? hold on to your positions? Lucky I did not trade today.
  • #198,213
  • Feb 18, 2010 9:21am Feb 18, 2010 9:21am
No short cut bull at the top & so forming a flag for the next try, short scalping ok so far but ready for bull again may be from 1.360 .will see it break top or fail in the next up.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #198,214
  • Feb 18, 2010 9:22am Feb 18, 2010 9:22am
Quoting malcolmb14
sell 1.3640 stop 20 pip...

if it works will explain later
same here. 50% fib from yesterday's move. I will add if it goes to 3695-3700.
  • #198,215
  • Feb 18, 2010 9:23am Feb 18, 2010 9:23am
Quoting nakedeye
..then you will see the 90% ( except magic 6 ) are bull
It is tiring to focus on charts and doesnt seem to help me in anyways. I should look at the chart once or twice a day.
I still think Euro will go down, unless Greece issue is miraculously settled. I am thinking to short at all the peak. Once I set my eyes on short, then I dont have to worry what happens every hour.
  • #198,216
  • Feb 18, 2010 9:23am Feb 18, 2010 9:23am
Quoting perrier
same here. 50% fib from yesterday's move. I will add if it goes to 3695-3700.
short at 38....tp, when he's done talking
hang on to your bread......unless you want toast
  • #198,217
  • Feb 18, 2010 9:24am Feb 18, 2010 9:24am
Quoting pipsimax
short from 1.3638 sl 1.3651 tp 1.3592
sl to BreakEven... going fine
  • #198,218
  • Feb 18, 2010 9:25am Feb 18, 2010 9:25am
Anyone sees that?
should be a buy!
  • #198,219
  • Feb 18, 2010 9:29am Feb 18, 2010 9:29am
I agree.. see pic.


Quoting auxesis
Jmho,

When looking from a longer perspective, we are probably in a wide correction taking back to the resisting side of the channel. don't be surprised if we see more of this kind of jerky trading.

While the Euro has lost all it's luster, it won't be long before the Dollars problems come back into focus.

fwiw,
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  • #198,220
  • Feb 18, 2010 9:29am Feb 18, 2010 9:29am
closed at 12....i love our president
hang on to your bread......unless you want toast
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