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  • #243,061
  • May 17, 2010 8:41am May 17, 2010 8:41am
Short 1.2406 and above for me on the 1H tf

Stop: 30 pips
Target: A new low
Getting it right is NOT as important as not getting it wrong.
  • #243,062
  • May 17, 2010 8:46am May 17, 2010 8:46am
Quoting Dr_P
My S/L contributed to your bull
Ok , you to die me to live which is better only God knows . we just do some give & take & rest left for future .
anyway this time I close position earlier as feel it go down as low as 1.2344.so no chance you take revenge , even I may join you when price go below 76.
fontu

Joined you short though price not below 76 as in m15 for a buy signal price may need go below 1.2377 & next retracement down before actual buy & so fall .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #243,063
  • May 17, 2010 8:48am May 17, 2010 8:48am
Short at D out at .2350 #667
  • #243,064
  • May 17, 2010 8:51am May 17, 2010 8:51am
Quoting fontu
Quoting Dr_P
My S/L contributed to your bull
Ok , you to die me to live which is better only God knows . we just do some give & take & rest left for future .
anyway this time I close position earlier as feel it go down as low as 1.2344.so no chance you take revenge , even I may join you when price go below 76.
fontu
My SL was hit too, opened short @1.24

I suck so bad in bull markets, I'm bear by nature i think.
  • #243,065
  • May 17, 2010 8:51am May 17, 2010 8:51am
time to have a good short guys ?
  • #243,066
  • May 17, 2010 8:56am May 17, 2010 8:56am
Gold's moving up.
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  • #243,067
  • May 17, 2010 8:56am May 17, 2010 8:56am
Quoting edisoname
time to have a good short guys ?
Looks too obvious imo, I'll wait for a second shake-out of short stops....
Don't be a hero. Don't have an ego. Always question yourself
  • #243,068
  • May 17, 2010 8:59am May 17, 2010 8:59am
People, where do you see a bull market ?????

in the 5min tf or the 10 seconds one ?

That's not serious, we're still in bear territory, and you should be either Short or flat but not long.
You're asking for giving your money imho...

Ok some of you could ask where is the bull/bear territory limit ?
Easy, take your time frame and slap a 200sma on it, above it's bull territory, below it's bear territory.
Why complicate things, when it's easy ?

What you're calling a bull move is probably just short covering and profit taking that took place before NY open... before renewed short pressure for the European session close.

Just my 2 cents.
Getting it right is NOT as important as not getting it wrong.
  • #243,069
  • May 17, 2010 9:00am May 17, 2010 9:00am
Quoting kandarv
My SL was hit too, opened short @1.24

I suck so bad in bull markets, I'm bear by nature i think.
me too bear by nature & as most easy taking falling stars if controll the greed at the same time , pips comes fast here. but here untill & unless 1.3456 not tested I do short only at times ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #243,070
  • May 17, 2010 9:04am May 17, 2010 9:04am
Quoting fxswing
People, where do you see a bull market ?????

in the 5min tf or the 10 seconds one ?

That's not serious, we're still in bear territory, and you should be either Short or flat but not long.
You're asking for giving your money imho...

Ok some of you could ask where is the bull/bear territory limit ?
Easy, take your time frame and slap a 200sma on it, above it's bull territory, below it's bear territory.
Why complicate things, when it's easy ?

What you're calling a bull move is probably just short covering and profit taking that took place before...
My bad, I shouldn't use "bull market" term, and your probably right that looks like short coverage. Caught me in a bad place though.
  • #243,071
  • May 17, 2010 9:10am May 17, 2010 9:10am
im long till 1.2580. until now everything looks fine
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  • #243,072
  • May 17, 2010 9:13am May 17, 2010 9:13am
I think today market is setup to change the trend.. when i'm look at higher TF it seen to make setup for bulls. Buy at deep..
  • #243,073
  • May 17, 2010 9:18am May 17, 2010 9:18am
Quoting suthmo
2218 or 2175 I think 2218 more likely.
may I ask, your system is done now ?
  • #243,074
  • May 17, 2010 9:19am May 17, 2010 9:19am
I have already shorted at 1.2380 , sl 30 pips....Anyone here can give me an advice ?
  • #243,075
  • May 17, 2010 9:21am May 17, 2010 9:21am
Quoting Cotton-I-Jo
My pending order 4 Short @ 2360 has been already activated !

maybe for 230 pips !

and now -80 pips?
  • #243,076
  • May 17, 2010 9:23am May 17, 2010 9:23am
2523 coming up this hour. 2607 2638 in 4 hours.
Founder of Sutherland Wave Principle
  • #243,077
  • May 17, 2010 9:28am May 17, 2010 9:28am
Quoting suthmo
2523 coming up this hour. 2607 2638 in 4 hours.
Why?
  • #243,078
  • May 17, 2010 9:28am May 17, 2010 9:28am
This historic low is asking for a powerful rebound, but the same time...everyone is expecting that 1.2 and sentiment is bearinsh....so im sticking with my short position...
  • #243,079
  • May 17, 2010 9:28am May 17, 2010 9:28am
Quoting suthmo
2523 coming up this hour. 2607 2638 in 4 hours.
why do you think it will go up ?
  • #243,080
  • May 17, 2010 9:29am May 17, 2010 9:29am
Quoting Naglis
This historic low is asking for a powerful rebound, but the same time...everyone is expecting that 1.2 and sentiment is bearinsh....so im sticking with my short position...
I'm with you, a rebound was meant to happen, EUR was oversold in all currency crosses.
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