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  • #205,821
  • Mar 3, 2010 10:29am Mar 3, 2010 10:29am
Who left da bull in da house?..

Sell from 1.3722..
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  • #205,822
  • Mar 3, 2010 10:30am Mar 3, 2010 10:30am
Quoting mmccormac
If there were people with you would it make you feel better about your position? A good rule to keep is don't trade with a crowd and 1 can be a crowd. Always look for what you may have missed and don't marry a position.

If everyone was with you it would probably be a good time to exit anyway.

If im sitting in a room full of traders and few ppl share my sentiment it would make me feel stronger about my position. Whether its good or bad i dont know! :-)
  • #205,823
  • Mar 3, 2010 10:30am Mar 3, 2010 10:30am
daily ... next target 1.3780

then 1.4000

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Blogging daily now at www.volume.zone
  • #205,824
  • Mar 3, 2010 10:30am Mar 3, 2010 10:30am
Quoting 4exJunki
According to my trading Journal 1.3727 is a strong S/R line from the past so i shorted at that point.....:-))

It helps keeping a journal as sometimes your mind bungles up the prices. Im still cautious after yesterdays PA......anyone with me ?


Next S/R are 1.3750 and 1.3775....the latter has been formidable in the past.
1.3727 was S/R line in beginning of year 2009. But I would follow last week's S/R at 1.3760-90
  • #205,825
  • Mar 3, 2010 10:31am Mar 3, 2010 10:31am
Quoting pipec
Who left da bull in da house?..

Sell from 1.3722..

this is going to next daily r at 1.3770

test of 1.3700 may come but for me buy dips till 1.3680 support taken out
Blogging daily now at www.volume.zone
  • #205,826
  • Mar 3, 2010 10:31am Mar 3, 2010 10:31am
Quoting malcolmb14
come on

soros on news saying he is selling euro .... yeah right . He is not that stupid. He was buying and telling us retails traders he was selling . Now he is laughing his arse off that they all believed him
strives on publicity. Of course he's selling, and when the market repeats 2008 he's going to say see I told you so. Like Clouds said previously, he said it before. He would rather be right in public opinion, then wrong. Besides, who is to say at what level he is selling from, he could be a seller from 1.5

Changing subject, either gold has paused, or my feed is out!
All that is left in FF is just plain garbage. "Cloggie"
  • #205,827
  • Mar 3, 2010 10:32am Mar 3, 2010 10:32am
First target reached 202870
  • #205,828
  • Mar 3, 2010 10:32am Mar 3, 2010 10:32am
It's a good time to take short.
Euro overbought. So i'm short for scalp.
You cannot learn better without losing
  • #205,829
  • Mar 3, 2010 10:32am Mar 3, 2010 10:32am
392 positions are open on EUR/USD, representing 43% of the community trading volume.
Short Long
Positions237155
Volume45%55%
Avg Price1.364451.40449


))
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #205,830
  • Mar 3, 2010 10:33am Mar 3, 2010 10:33am
Quoting 4exJunki
Does that mean they are suggesting that there are sellers lined up at 1.3750 or buyers?? Please clarify...my taking would be the word supply meaning sellers??

Yes.. There are sellers in that area.. and a good supply of them.. that's how I read it.

Took a pounding on my 3685 short.. shorting again at 3745.. made some earlier off of a 3650 short down to 3610.. near break even for the day..
  • #205,831
  • Mar 3, 2010 10:33am Mar 3, 2010 10:33am
Quoting 4exJunki
If im sitting in a room full of traders and few ppl share my sentiment it would make me feel stronger about my position. Whether its good or bad i dont know! :-)
It's bad. Don't depend on what other people are doing... In the end (and it won't take that long) you'll get screwed trading with other people. Stick to your plan and if you're scared then that's a good thing, the ones with all the confidence are the ones holding on to their winners until they turn into losers (falling in love with their position to the point where it can't possibly turn the other way).

Check your charts and question it all the way up... That way you will have some profit left when you're out of the trade.
  • #205,832
  • Mar 3, 2010 10:34am Mar 3, 2010 10:34am
Take a look USDCHF 1.0460 at least......
  • #205,833
  • Mar 3, 2010 10:36am Mar 3, 2010 10:36am
Quoting grashid
Take a look USDCHF 1.0460 at least......
You know how the SNB likes to jump into the market!
All that is left in FF is just plain garbage. "Cloggie"
  • #205,834
  • Mar 3, 2010 10:36am Mar 3, 2010 10:36am
Quoting forexings
It's a good time to take short.
Euro overbought. So i'm short for scalp.
good luck, but i think you are too early. surely at 3750 is perfect time to go short.
  • #205,835
  • Mar 3, 2010 10:36am Mar 3, 2010 10:36am
Quoting malcolmb14
daily ... next target 1.3780

then 1.4000
There is a .38 fibo to contend with at the 3745ish range.. I think that may give pause.. maybe not.. Euro looks like it has some fuel right now though.. but then again.. it did last friday too... and came crashing down..
  • #205,836
  • Mar 3, 2010 10:36am Mar 3, 2010 10:36am
I personally think this Eurozone trying to keep price not to low just before the closure
  • #205,837
  • Mar 3, 2010 10:38am Mar 3, 2010 10:38am
Euro can't be able to go further up without retracement.
You cannot learn better without losing
  • #205,838
  • Mar 3, 2010 10:39am Mar 3, 2010 10:39am
....last week!

Comedy hum!!!

About weekly signals, see my last week chart posted in my blog and last line at 1.3423.
Link in my profile.
Only for medium term view and Traders.
  • #205,839
  • Mar 3, 2010 10:40am Mar 3, 2010 10:40am
Quoting DrLobo
good luck, but i think you are too early. surely at 3750 is perfect time to go short.
dont worry, i will take another short if it can touch 3765
You cannot learn better without losing
  • #205,840
  • Mar 3, 2010 10:40am Mar 3, 2010 10:40am
Quoting tonyo524
strives on publicity. Of course he's selling, and when the market repeats 2008 he's going to say see I told you so. Like Clouds said previously, he said it before. He would rather be right in public opinion, then wrong. Besides, who is to say at what level he is selling from, he could be a seller from 1.5

Changing subject, either gold has paused, or my feed is out!
1141.4 .. buying dips
Blogging daily now at www.volume.zone
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