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  • #280,821
  • Aug 12, 2010 4:55am Aug 12, 2010 4:55am
hey but the banks passed.. right? without liquidity. it worthless.
those who can, do. those who cant, talk about those who can
  • #280,822
  • Aug 12, 2010 4:55am Aug 12, 2010 4:55am
And one more time it cuts lower ...

And down is mostly a bit faster ... than upwards ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #280,823
  • Aug 12, 2010 4:56am Aug 12, 2010 4:56am
Bear on fire. lol
You cannot learn better without losing
  • #280,824
  • Aug 12, 2010 4:59am Aug 12, 2010 4:59am
Feels crappy again. I'm done for the day, enjoy the rest of the session...
Look Sharp/Trade Tight
  • #280,825
  • Aug 12, 2010 4:59am Aug 12, 2010 4:59am
Quoting forexings
Bear on fire. lol
Attached Image
"Millionaires don't use astrology, billionaires do"
  • #280,826
  • Aug 12, 2010 5:00am Aug 12, 2010 5:00am
Next stop looks like 1.2780, its 50% fib from swing 1.3686 down to 1.1875

Few pips +/-
They think they are smarter than I am.
  • #280,827
  • Aug 12, 2010 5:00am Aug 12, 2010 5:00am
am lucky I stopped and reversed. I'm flat for a 10 pip loss for the day.

I'm staying out for a while. I want to see some consolidation, and then I'l play again.
  • #280,828
  • Aug 12, 2010 5:05am Aug 12, 2010 5:05am
Hello guys and girls,

I drew some Fibs, all up and down the screen and i came up with a good support somewhere @ 1.277x

I think this is not the place for reversal but a only a small spike. What is your opinion?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_h1_aug_10_2010_analysis.gif Size: 24 KB
  • #280,829
  • Aug 12, 2010 5:09am Aug 12, 2010 5:09am
The pair of day is definitely Eur-CHF...nearly 100 PIPs fall in 30 min
MM
  • #280,830
  • Aug 12, 2010 5:09am Aug 12, 2010 5:09am
Quoting bad$ala
Hello guys and girls,

I drew some Fibs, all up and down the screen and i came up with a good support somewhere @ 1.277x

I think this is not the place for reversal but a only a small spike. What is your opinion?

Attachment
2787 could give us a small spike
  • #280,831
  • Aug 12, 2010 5:14am Aug 12, 2010 5:14am
I'll get rid of my shorts at 1,2750 and see what's going on there.
1,2730-12750 zone is the last swing low.

I don't know why but 1,2670 attracts me more...it's a nice area where an old resistance became support...and might stay as support
We'll see if we go there
COT: The precious data ignored
  • #280,832
  • Aug 12, 2010 5:17am Aug 12, 2010 5:17am
Quoting Mymoney
The pair of day is definitely Eur-CHF...nearly 100 PIPs fall in 30 min
i can t trade this pair. it s too manipulated
Andreyou
  • #280,833
  • Aug 12, 2010 5:21am Aug 12, 2010 5:21am
Quoting andreypu
i can t trade this pair. it s too manipulated
Yes weird pair, even though i like it.
I still don't know if it follows more usdchf or eurusd...

Sometimes it's like it's acting on its own
COT: The precious data ignored
  • #280,834
  • Aug 12, 2010 5:23am Aug 12, 2010 5:23am
Quoting T@rantula
2787 could give us a small spike
2824.6 opened the 2594.2 door the 3055 door may be locked now.. for a long time or forever.
those who can, do. those who cant, talk about those who can
  • #280,835
  • Aug 12, 2010 5:25am Aug 12, 2010 5:25am
Seems like we are going to need some fresh catalyst to break through this next band of support...I think you need to keep an eye out for EJ for some reason.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 22 KB
Click to Enlarge Name: chart2.gif Size: 18 KB
Look Sharp/Trade Tight
  • #280,836
  • Aug 12, 2010 5:26am Aug 12, 2010 5:26am
Quoting gatorinla
2824.6 opened the 2594.2 door
I presume it did...My charts show 2750 first but if I add to ur number its on the same side.

Maybe I will try a little long scalp @ 2787, but first ill scale out of my position (0.5 lots should be closed), unless 2787 is stormed out
  • #280,837
  • Aug 12, 2010 5:27am Aug 12, 2010 5:27am
im standing aside till news time...

has anyone traded news with dukascopy??? do they fill u???

last time at oanda when the nfp came out and the spread was 10pips as usual but the kept it for couple of minutes that was unusual... havent noticed that with them yet
  • #280,838
  • Aug 12, 2010 5:28am Aug 12, 2010 5:28am
but i won't do the same mistake i did yesterday. so i will be looking for a retrace there i will sell again the retrace.

still 2680-700 should halt this down move. but that seems too far to reach today. we would have to have another 300 pip daily candle to get there. but once 300 pips daily candly is a low probability scenario, but two 300 daily candles... we have seen it (3rd to 6th of may) but...

somehow i still have this feeling this is to much of a dive. and when the reaction comes it's gonna be big too.

for now 13 is giving the bear some trouble...

Quoting bad$ala
Hello guys and girls,

I drew some Fibs, all up and down the screen and i came up with a good support somewhere @ 1.277x

I think this is not the place for reversal but a only a small spike. What is your opinion?

Attachment
dreams do come true.
  • #280,839
  • Aug 12, 2010 5:29am Aug 12, 2010 5:29am
Quoting andreypu
i can t trade this pair. it s too manipulated
I'm with you on that... It's like SNB owned the pair... You got to have guts and balls to trade that pair. PA is really crazy
  • #280,840
  • Aug 12, 2010 5:31am Aug 12, 2010 5:31am
Quoting T@rantula
I presume it did...My charts show 2750 first but if I add to ur number its on the same side.

Maybe I will try a little long scalp @ 2787, but first ill scale out of my position (0.5 lots should be closed), unless 2787 is stormed out
they should get strength as time goes on 2824 is a area give or take 5.. when the big boys play watch the reaction
those who can, do. those who cant, talk about those who can
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