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  • #202,481
  • Feb 25, 2010 2:48am Feb 25, 2010 2:48am
Quoting Fxmastersclb
Good observation, I think price could pull back to 3480, but any price from this point would be good if going long. Pick your spot and make your money.
you, sir must be joking, aren't you? all i see is a lower high.
  • #202,482
  • Feb 25, 2010 2:48am Feb 25, 2010 2:48am
Quoting mfoste1
These wicks raise alarm as a trap....well see
Yes I've still my shorts open from 1.3580 area as I stated yesterday:

http://www.forexfactory.com/showpost...stcount=201999

but this bear market can't last forever. We need to be careful about bulls suddenly stepping in. The H4 and daily candle stick formation concern me. Daily shows that bulls are actually there but their problem is they still can't defeat bears yet actually at some point they will.

1.3440 area shows to be tough unless broken decisively to the down side. This is my outlook right now. I'm still not going long big but if I do, I'll start with small size and put tight stop ... nothing below 1.3400

JMO
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Discipline + Patience - Fear - Greed = Success
  • #202,483
  • Feb 25, 2010 2:50am Feb 25, 2010 2:50am
Quoting Mr Daniel.S
funny, we hit page 13500 on this thread just when we crossed 1.3500 lol

OK, I Long right now
till we reach page 20000
  • #202,484
  • Feb 25, 2010 2:57am Feb 25, 2010 2:57am
1.3500 should act as support now, but pa is not that bullish anymore...
  • #202,485
  • Feb 25, 2010 2:57am Feb 25, 2010 2:57am
Does anyone here concern about VIX?
  • #202,486
  • Feb 25, 2010 2:58am Feb 25, 2010 2:58am
Looks like a nice headwind should turn the market south of 3537-45 for a scalp. Depends on the 1H and 30M PA, double high lower close would be my entry for +10 (10 contracts - TP $1,000).

SHORT scalp 3504 on the 1H bar right now, only looking for 10-20 pips.
"I made all my money by selling too soon"
  • #202,487
  • Feb 25, 2010 2:59am Feb 25, 2010 2:59am
Quoting FxCba
OK, I Long right now
till we reach page 20000


lolllllllll...this is a sign....

ATTENTION EVERBODY !!!! GO LONG ...IT WILL NEVER GO BELOW 13500

aLAAAAAAARMMMMM
" Accepting losses is the most important single investment devise "
  • #202,488
  • Feb 25, 2010 3:00am Feb 25, 2010 3:00am
Quoting forex888
Does anyone here concern about VIX?
I avoid fundamentals full stop, they've never helped my trade (aside from avoiding BIG news).

I never use VIX, I can see how volatile a market is by studying the charts at different time frames. I go from 15m, 30m, 1h, 4h and daily on each pair in a matter of seconds to give me my overview or as I call it my 'market barometer'.
"I made all my money by selling too soon"
  • #202,489
  • Feb 25, 2010 3:02am Feb 25, 2010 3:02am
Quoting forexmick
When it gets back to 3500, I am going to add some more shorts
More shorts added at 3505. I am full tilt loaded. Holding now until it goes to 1.3000
  • #202,490
  • Feb 25, 2010 3:02am Feb 25, 2010 3:02am
Quoting Bleek
SHORT scalp 3504 on the 1H bar right now, only looking for 10-20 pips.
Took +11 pips scalp from that level.

In and out in minutes, pretty painless.
"I made all my money by selling too soon"
  • #202,491
  • Feb 25, 2010 3:04am Feb 25, 2010 3:04am
Quoting Mr Hatch
you, sir must be joking, aren't you? all i see is a lower high.
Mr. Hatch,

Thanks for your input, but why joke; I see where price could pull back toward 3480 and hit 3550. Nonetheless, lower highs would continue the trend and I look to take advantage of the trend.
Make money or go broke... its the Forex way.
  • #202,492
  • Feb 25, 2010 3:06am Feb 25, 2010 3:06am
Quoting Fxmastersclb
Mr. Hatch,

Thanks for your input, but why joke; I see where price could pull back toward 3480 and hit 3550. Nonetheless, lower highs would continue the trend and I look to take advantage of the trend.
1.3500 major support/resistance level.. it breaks, but can't be hold. Not looking that bullish, but maybe your right, i'm looking for a long also around that area
  • #202,493
  • Feb 25, 2010 3:07am Feb 25, 2010 3:07am
Quoting Fxmastersclb
Mr. Hatch,

Thanks for your input, but why joke; I see where price could pull back toward 3480 and hit 3550. Nonetheless, lower highs would continue the trend and I look to take advantage of the trend.
there is no substance for a (much) higher euro right now. the only retracement i can (not could) see today is the time-span around bernanke's testimony. fundamentally the ez is quite broken atm.
  • #202,494
  • Feb 25, 2010 3:12am Feb 25, 2010 3:12am
news : trader from deutsche bank makes 100 mil in one week gets bonus of 50 mil and complains that is not enough for him nice trader
  • #202,495
  • Feb 25, 2010 3:12am Feb 25, 2010 3:12am
Quoting fxmastersclb
mr. Hatch,

thanks for your input, but why joke; i see where price could pull back toward 3480 and hit 3550. Nonetheless, lower highs would continue the trend and i look to take advantage of the trend.
the short daily trend is still upwards and can hit much more possible as the downward now...
I wait a little price stabilisation here around
" Accepting losses is the most important single investment devise "
  • #202,496
  • Feb 25, 2010 3:14am Feb 25, 2010 3:14am
H&S or DOUBLE BOTTON ???????????????????????????????????????
  • #202,497
  • Feb 25, 2010 3:21am Feb 25, 2010 3:21am
seems to be more like double bottom in H4 chart ... unless 1.3440 breaks. Time will tell.
Discipline + Patience - Fear - Greed = Success
  • #202,498
  • Feb 25, 2010 3:24am Feb 25, 2010 3:24am
Quoting Fxmastersclb
Good observation, I think price could pull back to 3480, but any price from this point would be good if going long. Pick your spot and make your money.
I agree with 1.3480 for a another long
COT: The precious data ignored
  • #202,499
  • Feb 25, 2010 3:25am Feb 25, 2010 3:25am
H1 since yesterday
  • #202,500
  • Feb 25, 2010 3:27am Feb 25, 2010 3:27am
Quoting Mr Hatch
there is no substance for a (much) higher euro right now. the only retracement i can (not could) see today is the time-span around bernanke's testimony. fundamentally the ez is quite broken atm.
Ok, I can see your point and I don't disagree but you know how it goes. Let's see how US news and the Feds impact the day.
Make money or go broke... its the Forex way.
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