EURUSD | Page 11803 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #236,041
  • May 4, 2010 6:46pm May 4, 2010 6:46pm
first time didn't test the lower low from low high in 5 min chart.
  • #236,042
  • May 4, 2010 6:47pm May 4, 2010 6:47pm
Quoting PriceVolume
Can't be confirmed until you have a higher high and a higher low.
Does this qualify?
http://img85.imageshack.us/img85/428...hhigherlow.jpg
  • #236,043
  • May 4, 2010 6:48pm May 4, 2010 6:48pm
Quoting Mr J
Kicking myself for not managing to get a short position in the last couple of days.
Why would you just Manage long position instead off pulling out your

hair, cause you going to

kick yourself again in couple of days for not doing it..

Don't cry then.. Suckers always selling into panic and buying into tops..

Watch and learn, wait and see..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #236,044
  • May 4, 2010 6:50pm May 4, 2010 6:50pm
Quoting intrepid1
first time didn't test the lower low from low high in 5 min chart.
yep she's on her way to test the big line at 2989~
  • #236,045
  • May 4, 2010 6:50pm May 4, 2010 6:50pm
Quoting SkyzerFX
Why would you just Manage long position instead off pulling out your

hair, cause you going to

kick yourself again in couple of days for not doing it..

Don't cry then.. Suckers always selling into panic and buying into tops..

Watch and learn, wait and see..
Do we get a retracement? Probably. Is it a sure thing? No. Does the retracement start right now? Maybe. What direction is the prevailing trend? Down. So longs are countertrend and riskier, right? Yep.
  • #236,046
  • May 4, 2010 6:52pm May 4, 2010 6:52pm
Quoting PriceVolume
Do we get a retracement? Probably. Is it a sure thing? No. Does the retracement start right now? Maybe. What direction is the prevailing trend? Down. So longs are countertrend and riskier, right? Yep.
Exactly. It's why you must have a tight stop or trail.
  • #236,047
  • May 4, 2010 6:53pm May 4, 2010 6:53pm
Gator, you got a pm
  • #236,048
  • May 4, 2010 6:57pm May 4, 2010 6:57pm
Quoting benssol
for people who swings the dailies

Do you see down move or up move coming??

well, if unsure, u could let it break out. could try a buy stop 30 pip above, and a sell stop 30 pip below
  • #236,049
  • May 4, 2010 7:00pm May 4, 2010 7:00pm
Quoting PriceVolume
So longs are countertrend and riskier, right? Yep.
NO, no and no. How many times on every top and every bottom

we going to repeat same thing? If you just look at last drop

go back to those messages and read them, cause it's the same thing.

Yes trend or whatever you call it is down for as long as "they" want to

be that way. If retrace starting now? maybe not exactly, but it's 90/10

cause nothing going one direction all the time..

P.S

Retrace "no sure thing" ha-ha ok, let's see.. Of course EU going

straight to 0.80 as gator says.. I'll let him change his mind tomorrow, no problem.

1.3154-1.3210 looking good for "ping - pong" action..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #236,050
  • May 4, 2010 7:05pm May 4, 2010 7:05pm
I doubt any retrace over 1.3000 before London...
They think they are smarter than I am.
  • #236,051
  • May 4, 2010 7:06pm May 4, 2010 7:06pm
Quoting PriceVolume
Do we get a retracement? Probably. Is it a sure thing? No. Does the retracement start right now? Maybe. What direction is the prevailing trend? Down. So longs are countertrend and riskier, right? Yep.
You said we probably will get a retracement. How big will it probably be? 100? 400? If we probably will get a retracement, and depending on how big it is, wouldn't shorts be riskier than longs now?
  • #236,052
  • May 4, 2010 7:08pm May 4, 2010 7:08pm
Quoting SkyzerFX
Why would you just Manage long position instead off pulling out your

hair, cause you going to

kick yourself again in couple of days for not doing it..

Don't cry then.. Suckers always selling into panic and buying into tops..

Watch and learn, wait and see..
If the market bounces hard here, I won't kick myself because I didn't see something to trade. I can't kick myself if I'm not good enough to spot it, I can only kick myself if I was good enough but didn't take advantage of it.

And no, I'm not shorting right now. I don't panic, I trade my setups. I require a damn good price to enter, but unfortunately, requiring a damn good price means fewer opportunities that are easier to miss. And I missed my monday short.
  • #236,053
  • May 4, 2010 7:09pm May 4, 2010 7:09pm
Quoting Z3iz3i
I doubt any retrace over 1.3000 before London...
15 pips away.. no, it could never go that far in 6 hours.
  • #236,054
  • May 4, 2010 7:09pm May 4, 2010 7:09pm
Probability of a retracement in asia is high in my opinion.

Most likely scenario is sideways trading action.
  • #236,055
  • May 4, 2010 7:10pm May 4, 2010 7:10pm
pv #1 mid 2997 target 3033 + bs atm 2985
mids are rarely not reached.. watch reaction there
those who can, do. those who cant, talk about those who can
  • #236,056
  • May 4, 2010 7:13pm May 4, 2010 7:13pm
Quoting gatorinla
pv #1 mid 2997 target 3033 + bs atm 2985
I might have found it in my meta...

was this it???

Attached Image (click to enlarge)
Click to Enlarge Name: daily post.gif Size: 47 KB
  • #236,057
  • May 4, 2010 7:18pm May 4, 2010 7:18pm
Alright, finally H4 buy zigzag (could be nothing) but it always means

"very close"

See you tomorrow.. I don't get that much deep into it yet, so,

not much interest, unless EU drops to low 1.28 overnight, then

I can pull out some real cash..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #236,058
  • May 4, 2010 7:19pm May 4, 2010 7:19pm
Quoting Clouds
You said we probably will get a retracement. How big will it probably be? 100? 400? If we probably will get a retracement, and depending on how big it is, wouldn't shorts be riskier than longs now?
To clarify, I'm not looking for a 400 pip retracement. I'm talking 100 or so pips. Adding to shorts here...yes, I would say it would be risky. Holding to higher shorts...not so much.

Edit to be more precise: I'm playing long myself, currently. But I have much higher shorts as well. I can see a retracement all the way to 3163 without invalidating the higher timeframe short bias.
  • #236,059
  • May 4, 2010 7:21pm May 4, 2010 7:21pm
Quoting gatorinla
pv #1 mid 2997 target 3033 + bs atm 2985
mids are rarely not reached.. watch reaction there
Thanks Gator....I got 3026....should be interesting....
  • #236,060
  • May 4, 2010 7:22pm May 4, 2010 7:22pm
Yes...absolutely impossible.

Quoting Clouds
15 pips away.. no, it could never go that far in 6 hours.
365 traders viewing now