EURUSD

or 61.8% since last swing high.

What the HELL is fair value??????????????????????????????????????

double top ???

Its whatever you say it is killer. Just give me a few seconds advance notice, k?

yeah but the ones i use are a little older. they told that fib where it would be last week.

.55 to .8 currently the kiwi is .69 and aud .87.. euro with 0 commodities should have never been this high. u.s. fed propped it up. and are still doing it today..

Well, I was just thinking about the insanity of seeing stocks at $300 during the dot com boom then down to $1. Then seeing oil at $147 then $32 then back up again at $87. It just seems to me like some analysts just sit around, smoke pot and have "great thoughts" about what the value of something is. Anyway.... And I'll spare you the Abby Joseph Cohen jokes.

charts and indicators say short here but market is not just charts ,big players
play as they want,EUR is bought and push up by some big players regular traders
never trust to buy EUR when it droped from 1.2398 to 1.2360 + this over bought indicators

Hey....I could do that. Does it pay well?

...something is worth whatever somebody will pay for it. But if the market is manipulated by agents with an (unfair?) advantage (the ECB, the Fed, the speculators) then you pay what they make you pay. Its all good, I just trade whatever moves & has the least spread. As luck would have it, its the E/U.

Having a good system is one thing executing it is another.

I went short from 2371 I was holding out for a miscalculated bottom 2220 missed by about 13 pips. Closed out at 2349 few pips after I woke up today.

My system showed 3 and 4am candles would close at same price 2267 missed +104 from 2371. Should have closed and loaded long tp 2400 missed +133

I wasn't sure about 2400 to 2300 and didn't enter that Missed +100

But I did enter long at 2300 and 2332 now +95 and +65 SL a BE so salvaged something.

That's classified

http://www.zerohedge.com/article/mel...on-viral-video

see if you can incorporate these levels with your tf. i did the 50% levels for you. quarters work too.. its just too many lines..

Anybody short? I'm still waiting for a short signal. I guess this is a tad boring waiting and watching with no position.

EDIT: whoops, I meant to quote someone asking people if they were still short.

=DJ EU Lawmakers Approve New Rules For Hedge Funds, Private Equity

By Matthew Dalton
Of DOW JONES NEWSWIRES

BRUSSELS (Dow Jones)--Lawmakers at the European Parliament Monday night approved new rules for hedge funds and private-equity firms, rejecting complaints that the legislation could unduly restrict European investors from using offshore funds.
The legislation passed 33-11 at the parliament's key Economic and Monetary Affairs committee. European Union finance ministers at the European Council are expected to approve their version of the legislation Tuesday night, kicking off what will likely be months of talks between the council, the parliament and the European Commission, the EU's executive arm, over a final version that will become law.
The parliament's legislation will require funds to register with European authorities. Fund managers that use borrowed money, or leverage, will have to file plans with the authorities setting limits on how much leverage they can use, and a new EU regulator would have the power to cap leverage at funds that pose "systemic" risks.
Most controversially, the legislation would create a black list of countries that lack adequate financial regulation. European investors would be forbidden from sending their money to funds based in these countries.
The prospect of a black list has sparked strong opposition from European hedge funds, which are mostly managed from London but rely heavily on funds based in the Cayman Islands. Jean-Paul Gauzes, the center-right French politician who led debate on the legislation at the parliament, has said it is unclear whether the Cayman Islands would be placed on the list, though the Cayman Islands financial industry says it can satisfy the conditions laid out in the legislation for avoiding the list.
Fund managers based outside the EU would be able to get a "passport" to raise money from investors across the EU if they pledged to follow the new rules.
The final legislation will likely differ significantly from the legislation approved by the parliament. The version that finance ministers are expected to pass Tuesday allows national governments to opt out from some of the rules. The council's versions contains no black list, a provision that EU diplomats say is strongly opposed by national governments at the council.
The council's legislation, however, has drawn criticism from U.S. Treasury Secretary Timothy Geithner, because it would prevent funds and fund managers based outside the EU from obtaining a passport to raise money and market themselves across the 27-nation bloc.

I'm going short!

Hi
I need your advice for choosing a new broker / platform. I want a broker with MT4 ECN without commissions in micro lots (.1 to .5), low spreads, up to 5000 usd minimum deposit, no problems of deposits / withdrawals. I want it all :-).
Can you give me some advice.
Thanks and continue your great job

nope.. but you may get a chance soon.. @2429/30.. with a small sl.. mine will be 1.5% sl just above 1.24457.... we did break out a bull wedge... so i will move sl to be early in this trade. .. im only trading it because its with the trend.. this is not the safest trade. we may go higher..

Anybody else aiming at a short?

I'm waiting for the 30M RSI to reach 70 and MACD to cross

good plan, works 4 me dpp, full retrace plus slip, overbought(not that it means anything).

Perhaps a stupid question gator, but where would you say the bull wedge is?