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  • #281,061
  • Aug 12, 2010 10:05am Aug 12, 2010 10:05am
Quoting wannaberich
market can and will do anything!

longing here since 20 and 30. not that i think it will go far up, but we can go to 80 or even 919, higher who knows and then come back strong again.

SM has to accumulate...
Yes, anyway i won't add anymore positions....even though a short gbpusd is to tempting but i'm already short so i'll stay like that

This move up ain't healthy anyway...it's being sold at every rise...the fall may be delayed until tomorrow or later in the us session....that's what i hope!!
COT: The precious data ignored
  • #281,062
  • Aug 12, 2010 10:07am Aug 12, 2010 10:07am
i am in short from 1.29 , and still expect for good instant to "jump in" into 2nd short.
  • #281,063
  • Aug 12, 2010 10:13am Aug 12, 2010 10:13am
i am long... but nervous LOL

i just wish we would get past 50 so that i can put sl at be, just in case. even if i don't take anything from this...

hapipipin

Quoting kuroro001
Yes, anyway i won't add anymore positions....even though a short gbpusd is to tempting but i'm already short so i'll stay like that

This move up ain't healthy anyway...it's being sold at every rise...the fall may be delayed until tomorrow or later in the us session....that's what i hope!!
dreams do come true.
  • #281,064
  • Aug 12, 2010 10:16am Aug 12, 2010 10:16am
guys look at daily chart, june 6 and today, what do you think, think like you never traded before
  • #281,065
  • Aug 12, 2010 10:18am Aug 12, 2010 10:18am
Quoting bad$ala
guys look at daily chart, june 6 and today, what do you think, think like you never traded before
good reference. Looks like its gonna go up from now on. (thats my perception)
  • #281,066
  • Aug 12, 2010 10:19am Aug 12, 2010 10:19am
Quoting DrLobo
good reference. Looks like its gonna go up from now on. (thats my perception)

But then ... on May 3rd your saying that you would go long ... and then you would have lost.
  • #281,067
  • Aug 12, 2010 10:19am Aug 12, 2010 10:19am
Quoting DrLobo
good reference. Looks like its gonna go up from now on. (thats my perception)
its a good possibility for long, but only tomorrow can tell
  • #281,068
  • Aug 12, 2010 10:19am Aug 12, 2010 10:19am
Quoting bad$ala
guys look at daily chart, june 6 and today, what do you think, think like you never traded before
June 6 is quite low
  • #281,069
  • Aug 12, 2010 10:21am Aug 12, 2010 10:21am
As attached.

Target 1.2900/1.2910.

Some comments if my chart is drawn correctly would be most appreciated.

Edit: edited screenshot by adding in comments
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_15 Mins_snapshot.jpg Size: 161 KB
  • #281,070
  • Aug 12, 2010 10:24am Aug 12, 2010 10:24am
It seems a risky decision to me but I have shorted EU at 1.2867.

My sl: 15 and 60 pips respectively (2 trades).

TP yet not fixed, will close the trade by looking at momentum changes in lower timeframes.
In forex, one currency is always up!
  • #281,071
  • Aug 12, 2010 10:26am Aug 12, 2010 10:26am
Quoting bad$ala
guys look at daily chart, june 6 and today, what do you think, think like you never traded before
in june it was the last bar by the down trend, but now we have a mega-retrace or the end of the up move...IMHO
  • #281,072
  • Aug 12, 2010 10:26am Aug 12, 2010 10:26am
i only have basic knowledge of candle patterns but it often means a reversal right?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_h1_aug_12_2010_analysis.gif Size: 34 KB
  • #281,073
  • Aug 12, 2010 10:26am Aug 12, 2010 10:26am
If this hour closes in the red, i'll short....now let's see if we get another new high...it's getting boring that slow move...make it drop
COT: The precious data ignored
  • #281,074
  • Aug 12, 2010 10:29am Aug 12, 2010 10:29am
Pivot: 1.2875Our preference: Short positions below 1.2875 with targets @ 1.2795 & 1.273 in extension.Alternative scenario: Above 1.2875 look for further upside with 1.2925 & 1.2985 as targets.Comment: the pair is on the downside and is challenging its previous low, the RSI is badly directed.Key levels1.29851.29251.28751.281 last1.27951.2731.265
  • #281,075
  • Aug 12, 2010 10:31am Aug 12, 2010 10:31am
i should have memorized the james16 thread.
if only i could just download the data in my brain like in matrix
  • #281,076
  • Aug 12, 2010 10:31am Aug 12, 2010 10:31am
If your new to indicators,
And feel you don't understand them.
Don't worry your not on your own.
Price doesn't understand them either.
making green pips large and red pips small this is my goal.
  • #281,077
  • Aug 12, 2010 10:38am Aug 12, 2010 10:38am
Quoting kuroro001
If this hour closes in the red, i'll short....now let's see if we get another new high...it's getting boring that slow move...make it drop
as its going up so i think price will be drop and we will close in red again today..what do you say because its going up slowly its not a reversal what do you say in reversal its making higher high to go down more because 2780 is imp area not easy to break....

Ub
  • #281,078
  • Aug 12, 2010 10:40am Aug 12, 2010 10:40am
Quoting bad$ala
i only have basic knowledge of candle patterns but it often means a reversal right?
Attachment
it means no decision , market is at pending.
Good companion, is a trophy.
  • #281,079
  • Aug 12, 2010 10:43am Aug 12, 2010 10:43am
nice wedge?
Attached Image (click to enlarge)
Click to Enlarge Name: eurwedge.jpg Size: 59 KB
  • #281,080
  • Aug 12, 2010 10:46am Aug 12, 2010 10:46am
last short area. If it wont hold, then up trend can resume.

Stopped +5 ...i'm done for today
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 57 KB
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