EURUSD

S&P still trying to decide what to do at the 61.8 fib. Boring to watch

you mean trend reversal ??? yes that we had at .18* now we are having technical correction.

i have put my buy limit orders at 2842 and at 2809.

Danke Kater!

Ah at least it has a stop loss ... I wonder how many people got burned by this today.

beautiful pinbar

200 pip loss, long scalps def did not cover the loss, all previous charts posted now invalid, sidelined for now will reevaluate.

patience is the key

Cool bro
When i read ur 1th post about loss i get unhappy" I don't like near friends get loss, Take care
Catch u later @ Asia

Those who follow external signals without little analysis. I always thought that when a trader becomes an adviser, something is lost in him/her.

All ok it is long as medium term but very short term failed to take action for the same & to hedge for the shorts activated before . anyway expecting price to 1.2854/60 to 2814 before may go further up to 1.2962 to 1.3000 in way to to 3203 next daily resistance .
fontu

hope you did well today.

I am with you bro,patience is the key.

So far nice and Plan goes fine ,But I'm mostly long and medium term trader.
Thanks for asking
Cya later

will hit there ?

i would like to thank bruce for his efforts

thank you bruce

Yes it burned a good amount of my margin. Thankfully I leave alot of margin/trade so I still have some room but its not a good feeling. I'm hoping for a turn here. Thanks for your insight as well.

lol, look how he left the bear.

Today i got burned with EURO/USD , went short on 1.2777, and somehow my stop loss didn't activate , or maybe i fu...up things so now i have open short position , but i have also managed to profit 120 pips on EUR/JPY...so its time to religious and talk to Jesus again!
Btw Banks got burned today, my friend from a Societe General Bank tip me that he had tons of orders to go short on 1.2780...so i got little greedy and got burned to the fingers . Hope that you people are doing better!

yea man it sucks I lost 5% yesterday, im not entering orders till I see a trade with very high RR. I wouldnt be surprised to see this move higher.....I pulled up a 5 min chart and zoomed out, these pattern are very bullish, trying to short right now is suicide.....a lot of 5th wave reversal rejections in the last 48 hrs. Its been said that some of the largest swiss banks have been bidding euro quite heavily, so the way that I see it is that they took the SNB for 10b by selling euros, now theyre buying so who the hell are we? Just vaguely speaking, I like 3000-3043,

Next topic....financial reg bill has enough votes and will be passed, equities are showing that. 10400 might have been the top, maybe not. We have absolutely terrible US manufacturing data, which is a very bearish signal on future growth, hell even the perma bull fed came out and said that growth is gonna slow the "recovery" in quarters to come, and sos w/ rates being kept low forever. This is starting to sound like Japans deflationary spiral and post 1929 economic conditions.....

Next..... euro bank stress tests are going to be a joke. Ratings agencies have already been downgrading portugese banks all week. The german banks are broke simple as that, there isnt enough money that will save them. Whos gonna buy back the toxic debt obs they bought? lol it sure isnt gonna be IMF or EMU.

I cant see risk on for much longer.....

no man this how he left it