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EURUSD

  • #208,541
  • Mar 9, 2010 6:36am Mar 9, 2010 6:36am
Someone has to lose.
  • #208,542
  • Mar 9, 2010 6:37am Mar 9, 2010 6:37am
Quoting EdgarNg
Someone has to lose.
True, but there are very few people in this world that I would wish that on....bad karma, juju, etc....and just plain 'ole meanspirited...
  • #208,543
  • Mar 9, 2010 6:39am Mar 9, 2010 6:39am
Quoting PriceVolume
Some people prefer to try and ice skate uphill - hey, if it works for them, why not. Could work out for him, though he will have to endure drawdown. He's a big boy....his choice. But myself - I more subscribe to your approach.....
the idea is there s something called reversal signal even if u follow the 1 min chart , till now am trying to find any reversal in all time fram but cant find any , and USD BEAR still trying to go long
  • #208,544
  • Mar 9, 2010 6:40am Mar 9, 2010 6:40am
wt about EUR/GBP , Any thoughts ?
  • #208,545
  • Mar 9, 2010 6:40am Mar 9, 2010 6:40am
Quoting warta
the idea is there s something called reversal signal even if u follow the 1 min chart , till now am trying to find any reversal in all time fram but cant find any , and USD BEAR still trying to go long
Maybe he sees something that you don't...ask him help
COT: The precious data ignored
  • #208,546
  • Mar 9, 2010 6:45am Mar 9, 2010 6:45am
Quoting warta
the idea is there s something called reversal signal even if u follow the 1 min chart , till now am trying to find any reversal in all time fram but cant find any , and USD BEAR still trying to go long
Me either - but I subscribe to more of a Dow Theory approach than some prefer. Though I see potential for upside, it's going down untill it doesn't. Until the downtrend on the daily is invalidated, any long I take will be a brief scalp.
  • #208,547
  • Mar 9, 2010 6:47am Mar 9, 2010 6:47am
Quoting roreki
wt about EUR/GBP , Any thoughts ?
sell?
  • #208,548
  • Mar 9, 2010 6:48am Mar 9, 2010 6:48am
There's a very good expression that bottom lines this from me:

Price oscillates, trend persists

Which one you choose to be with is a personal matter, but statistically people that go with trends 'outlive' people that want to trade every turn.
Prices oscillate, trends persist. Trend is your friend.
  • #208,549
  • Mar 9, 2010 6:50am Mar 9, 2010 6:50am
Quoting kuroro001
Maybe he sees something that you don't...ask him help
the price action can answer my question
  • #208,550
  • Mar 9, 2010 6:51am Mar 9, 2010 6:51am
Quoting jsspmk
There's a very good expression that bottom lines this from me:

Price oscillates, trend persists

Which one you choose to be with is a personal matter, but statistically people that go with trends 'outlive' people that want to trade every turn.
Love that....that will stick. It's both a concise and precise description of PA.
  • #208,551
  • Mar 9, 2010 6:53am Mar 9, 2010 6:53am
Quoting Clouds
sell?
I think so ,
  • #208,552
  • Mar 9, 2010 6:55am Mar 9, 2010 6:55am
Quoting EdgarNg
Someone has to lose.
I hope that someone turns out to be you!
pisses me off when people call me an idiot and id turn out right.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #208,553
  • Mar 9, 2010 7:04am Mar 9, 2010 7:04am
Quote
I hope that someone turns out to be you!
pisses me off when people call me an idiot and id turn out right.

Report it if someone is calling you an idiot. That is violation of FF rule number 1. That person will be banned.

We all take opposite positions but there has to be lot of respect and regards for each other views.
  • #208,554
  • Mar 9, 2010 7:04am Mar 9, 2010 7:04am
Quoting bguguen
I hope that someone turns out to be you!
pisses me off when people call me an idiot and id turn out right.

i didnt call you an idiot.

you made yourself looked like one. read, i didnt call you an idiot.

The Post that you said i called you an idiot when there was no single 'idiot' word there.
  • #208,555
  • Mar 9, 2010 7:08am Mar 9, 2010 7:08am
Quoting EdgarNg
i didnt call you an idiot.

you made yourself looked like one. read, i didnt call you an idiot.

The Post that you said i called you an idiot when there was no single 'idiot' word there.
I think, he thinks you called me one, but no offense sometimes I am.
Still feeling great with my idiot positions
Don't be a hero. Don't have an ego. Always question yourself
  • #208,556
  • Mar 9, 2010 7:10am Mar 9, 2010 7:10am
No i did not call you an idiot. to be a trader you must know what you're doing, and have your own decision. infact i have my highest respect for the balls you have to long.


i was merely telling him not to make decisions based on others people charts and ideas.

i guess my advice just backfired, oh well continue making pips i shall keep my mouth shut.

"A man must believe in himself and his judgment if he expects to make a living at this game." - Jesse Livermore
  • #208,557
  • Mar 9, 2010 7:14am Mar 9, 2010 7:14am
well, i'm also long with tight SL...
it might no get past 3600 but we'll see..

I don't know how someone is talking about trend these last days. I see consolidation.. If I check daily, I might see downtrend, If i see weekly or monthly, I might see uptrend... So, it all depends on your TF.
  • #208,558
  • Mar 9, 2010 7:19am Mar 9, 2010 7:19am
beware
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  • #208,559
  • Mar 9, 2010 7:20am Mar 9, 2010 7:20am
Quoting cunha
well, i'm also long with tight SL...
it might no get past 3600 but we'll see..

I don't know how someone is talking about trend these last days. I see consolidation.. If I check daily, I might see downtrend, If i see weekly or monthly, I might see uptrend... So, it all depends on your TF.
TA 101

Monthly - failure swing from 11-12/2009, rising trend line around 1.27-1.3. Monthly MACD histogram is declining towards centreline. Eco/political calls for EUR to debase. A break of 1.27 makes H&S in Euro and parity with USD would be next.
Weekly - 100% bear phase
Daily - 100% bear phase (consolidating/trying to bounce)

All time frames below are plain noise.
Prices oscillate, trends persist. Trend is your friend.
  • #208,560
  • Mar 9, 2010 7:21am Mar 9, 2010 7:21am
EUR/USD is in a downtrend, technical indicators are neutral, the slide from 1.3704 is the final leg of the consolidation below 1.3736 and a break above 1.3636 will renew the uptrend towards 1.3850.
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