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EURUSD

  • #281,801
  • Aug 13, 2010 9:47am Aug 13, 2010 9:47am
pisses me off when a pin bar fails...
  • #281,802
  • Aug 13, 2010 9:47am Aug 13, 2010 9:47am
EUR/USD approaching daily trend line:
Attached Image (click to enlarge)
Click to Enlarge Name: chart5.gif Size: 13 KB
  • #281,803
  • Aug 13, 2010 9:47am Aug 13, 2010 9:47am
any signs for a bounce 20-30 pips ?? (I cant see it)
  • #281,804
  • Aug 13, 2010 9:48am Aug 13, 2010 9:48am
Quoting style2fx

Have a good WE
yeah, enjoy your weekend folks...
  • #281,805
  • Aug 13, 2010 9:48am Aug 13, 2010 9:48am
talk of bids 50/60....
Look Sharp/Trade Tight
  • #281,806
  • Aug 13, 2010 9:49am Aug 13, 2010 9:49am
USDJPY try for breakout finally?????
  • #281,807
  • Aug 13, 2010 9:50am Aug 13, 2010 9:50am
Quoting uraceulose
the pin failed. i bailed on the UJ daily one also, will wait to reload
I bailed out too. Took a loss of 20 ticks before the down move.

All EUR pairs failed, so it wasn't only EU.
  • #281,808
  • Aug 13, 2010 9:50am Aug 13, 2010 9:50am
Quoting wannaberich
minus a few pips.

closing half the positions there and the other (probably there too) but manually depending on PA

do expect we get past this level after such huge accumulation on the 820...
you may want to close half and move to BE for the heck of it. at least til an hour before market close or so. i don't see much holding us back from 2620 or so...other than the 15M TL that still held so who knows?

shorting GJ with a 75 pip stop atm.
  • #281,809
  • Aug 13, 2010 9:50am Aug 13, 2010 9:50am
Quoting Phonetic
EUR/USD approaching daily trend line:

I wouldn't count so much on trend lines. It's very un-predicative.
  • #281,810
  • Aug 13, 2010 9:51am Aug 13, 2010 9:51am
should head lower...yesterdays daily low is broken
  • #281,811
  • Aug 13, 2010 9:51am Aug 13, 2010 9:51am
Quoting Phonetic
EUR/USD approaching daily trend line:
I like that trend line too. Would like to buy in that area with a tight stop, but not this late on a Friday.
  • #281,812
  • Aug 13, 2010 9:51am Aug 13, 2010 9:51am
Quoting Agent-Pipen
I wouldn't count so much on trend lines. It's very un-predicative.
I'm sorry but I disagree 100%. Thanks for your input though...
  • #281,813
  • Aug 13, 2010 9:52am Aug 13, 2010 9:52am
i expect some sort of a retrace after 150 pips down on friday...
Andreyou
  • #281,814
  • Aug 13, 2010 9:52am Aug 13, 2010 9:52am
Quoting Phonetic
should head lower...yesterdays daily low is broken

AU is trying to make lower lows and so is GU, anyone on board for the bear of EU?
  • #281,815
  • Aug 13, 2010 9:52am Aug 13, 2010 9:52am
Quoting Agent-Pipen
I wouldn't count so much on trend lines. It's very un-predicative.

really? you think tls are unpredictable?
  • #281,816
  • Aug 13, 2010 9:53am Aug 13, 2010 9:53am
just a little bit more to break 1.2700 and its a confirmed trend reversal to downside. i'm learning a lot on this field although it hurt my wallet
  • #281,817
  • Aug 13, 2010 9:53am Aug 13, 2010 9:53am
Quoting witsnpips
pisses me off when a pin bar fails...
they won't anywhere near as often if you wait for a daily/4hr or higher and wait from some really good confluence. 50 percent fibo level tap into a pin on the daily with overbought/sold indi or a good diagonal TL. ALWAYS out in OPEN SPACE helps BIG TIME too
  • #281,818
  • Aug 13, 2010 9:54am Aug 13, 2010 9:54am
Quoting Crassius
I like that trend line too. Would like to buy in that area with a tight stop, but not this late on a Friday.
Yea, I'd be happy if it doesn't reach that TL until Monday but it looks like its going there today
  • #281,819
  • Aug 13, 2010 9:55am Aug 13, 2010 9:55am
Quoting mfoste1
really? you think tls are unpredictable?

In my experience, I would say that it's only a guide line, not to be trusted as to say that it'll bounce on that line.

Beside, if it breaks that line people will just say it broke the trend. and if it doesn't people will just say it's bouncing off the trend line. Either way you don't know what it's good for.
  • #281,820
  • Aug 13, 2010 9:55am Aug 13, 2010 9:55am
Sexy attack. Heading to H4 main TL
Expect a very good support there
You cannot learn better without losing
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