Daily and 4hr have both closed below 0.8600.
Any thoughts?
Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedI got stopped out of that trade for +25. I am looking for a good re-entry signal.
Daily and 4hr have both closed below 0.8600.
Any thoughts?Ignored
DislikedMy charts look the same. It looks like the 4hr PIN was a good signal. I also have a large PIN on the daily chart that closed below .86.
I will wait and see where the market opens before making any decisions, but I have a feeling that the market will give me a clean short signal again.
Thanks CWIgnored
DislikedPersonally I hope North Korea ends up disgraced, laughed at and humiliated, last place in their group with no goals scored. But that's just the communist hater in me.Ignored
DislikedLooks like the rumors are most likely true. According to Bloomberg European leaders are hammering out the final details on a 500bn Euro lending mechanism. Eur/usd is trading around 1.2920 on Oanda....Eur/Jpy also higher by about 200+pips.
Giddy Up!Ignored
DislikedI believe you are correct in your assumption of a clean short signal again. Be patient, you should be rewarded.Ignored
DislikedI hear you Chris. There's still a part of me that thinks that if everyone in the world thinks one thing will happen, something else probably will happen...Ignored
DislikedI was just thinking about this myself. It seems that if 95% of traders fail, than the winning traders will be doing the opposite of the crowd 95% of the time, and only 5% of the crowd will agree with their actions.
I think shorting the euro in this case may be exception, but I think it holds true that being a sucessful trader means that you are going against the crowd the majority of the time.Ignored
DislikedAs much as i try to understand it.....i always seem to not understand......could some please expain how this gap thing works especially when you have S/L in place and the broker closes your trade at the worst price?
Was short EU from 1.2655......S/L at 1.2778 but was closed out at 1.2942 when market opened........is this normal or is someone being crafty and cocky? Cheers..by the way it is the second time it is happening...............thanksIgnored
DislikedAs much as i try to understand it.....i always seem to not understand......could some please expain how this gap thing works especially when you have S/L in place and the broker closes your trade at the worst price?
Was short EU from 1.2655......S/L at 1.2778 but was closed out at 1.2942 when market opened........is this normal or is someone being crafty and cocky? Cheers..by the way it is the second time it is happening...............thanksIgnored
DislikedI cannot predict the future of this chart, but I think it shows a bit of a lesson.
People are emotional creatures. And heard-like animals. The EU decides to throw a lot of money at the issue, yet not really fix anything. What happens? The twitchy emotional traders either cover their shorts, or buy the EUR. If you look at the big picture, this move to 1.30 and failure isn't a huge surprise.
Always look at the big picture. ALWAYS.Ignored
DislikedHey Samer,
You still short my friend....
Thanks for the heads up !
good hunting,
golferfxIgnored
Disliked... The latest rumor-du-jour is that over the weekend we will get a massive injection of funding from the ECB.Ignored
Source: https://www.cia.gov/library/publicat...k/geos/au.html
From what should we answer this guarantee ?
Do we see the beginning of the end from the EURO and the EU ?
In fact I would both not miss, coz counting the pros and cons from EU it's a clear short !
Stefan.