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  • #284,261
  • Aug 20, 2010 9:19am Aug 20, 2010 9:19am
Quoting wannaberich
2650 is monthly pivot on my book. cross it and that would take eu to... HELL LOL

It is?

*edit* actually I do have 2650 as a fib level from the entire nov 9 down move
  • #284,262
  • Aug 20, 2010 9:20am Aug 20, 2010 9:20am
Quoting kidspips
That level was protecting euro for a long time and its now broken. But I really frustrated with eu bears today.
I hear you.......but the day is not over.....and as someone has on the quote at the bottom of their messages....

Every battle is won before it is fought.......the price already knows where it is going.....we just have to figure that out.

Also there was someone who suggested that maybe on the daily chart the candle may end up like a reversal hammer - that's what I am looking for till the end of the day now!
I don't trust any move - when you have profit...take it.
  • #284,263
  • Aug 20, 2010 9:21am Aug 20, 2010 9:21am
Quoting kuroro001
Who's betting for new low on eurchf today ?? below 1,3170
Amazing..

are you entering long here ?
  • #284,264
  • Aug 20, 2010 9:24am Aug 20, 2010 9:24am
Quoting kuroro001
Who's betting for new low on eurchf today ?? below 1,3170
Not me Imo Euro will gain a little bit and it will affect E/CHF. I'm long again EU 1.2680. SL at be.
  • #284,265
  • Aug 20, 2010 9:25am Aug 20, 2010 9:25am
Quoting macgyver
but this time they are on to something...
...........it's called prozac.
  • #284,266
  • Aug 20, 2010 9:25am Aug 20, 2010 9:25am
Quoting sopel
Not me Imo Euro will gain a little bit and it will affect E/CHF. I'm long again EU 1.2680. SL at be.
you have stop loss set at break even already? you will be out before you are in!
I don't trust any move - when you have profit...take it.
  • #284,267
  • Aug 20, 2010 9:27am Aug 20, 2010 9:27am
Quoting wannaberich
2650 is monthly pivot on my book. cross it and that would take eu to... HELL LOL
and if bounce from there?then 3000 again

Ub
  • #284,268
  • Aug 20, 2010 9:27am Aug 20, 2010 9:27am
yes... in so bear market i'm moving it as soon as possible. I can do it after 5 pip move.

closed with 2 pip profit... looks bad, it's waste of time for me today
  • #284,269
  • Aug 20, 2010 9:30am Aug 20, 2010 9:30am
that means you expect a move 170 pips up till the end of the day???

it's true, anything can happen, but those odds look like the lottery's...

Quoting Faller
I hear you.......but the day is not over.....and as someone has on the quote at the bottom of their messages....

Every battle is won before it is fought.......the price already knows where it is going.....we just have to figure that out.

Also there was someone who suggested that maybe on the daily chart the candle may end up like a reversal hammer - that's what I am looking for till the end of the day now!
dreams do come true.
  • #284,270
  • Aug 20, 2010 9:32am Aug 20, 2010 9:32am
Quoting style2fx
Amazing..

are you entering long here ?
Nope...only shorts

But the market is dead right now...so no new lows for sure
COT: The precious data ignored
  • #284,271
  • Aug 20, 2010 9:35am Aug 20, 2010 9:35am
Quoting sopel
yes... in so bear market i'm moving it as soon as possible. I can do it after 5 pip move.

closed with 2 pip profit... looks bad, it's waste of time for me today
I see....good plan! It keeps you safe....good money management.
I don't trust any move - when you have profit...take it.
  • #284,272
  • Aug 20, 2010 9:36am Aug 20, 2010 9:36am
(and i have to keep reminding myself that) anything can happen.

but what seems nore lightly right now (mid term)? i still think down. and i will continue to believe down while we are below 1.28

hapipipin

Quoting ubaidahsan
and if bounce from there?then 3000 again

Ub
dreams do come true.
  • #284,273
  • Aug 20, 2010 9:36am Aug 20, 2010 9:36am
Quoting wannaberich
that means you expect a move 170 pips up till the end of the day???

it's true, anything can happen, but those odds look like the lottery's...

I did not say that it will end in a reversal hammer...another member posted that earlier!!! I was just commenting on it. For me...like I said...looking for a retrace to .2700 and will see from there. I am taking this long also based on the fact that oil is really holding up in this down draft......as oil goes up....so does the Euro......
I don't trust any move - when you have profit...take it.
  • #284,274
  • Aug 20, 2010 9:38am Aug 20, 2010 9:38am
Quoting sopel
Not me Imo Euro will gain a little bit and it will affect E/CHF. I'm long again EU 1.2680. SL at be.
If your long at the time of posting you are gambling, even on one minute chart no evidence to back up that move.
making green pips large and red pips small this is my goal.
  • #284,275
  • Aug 20, 2010 9:41am Aug 20, 2010 9:41am
Quoting paul1
If your long at the time of posting you are gambling, even on one minute chart no evidence to back up that move.
Right and they are probably some of the the ones who will finally go short once the bottom is in.
  • #284,276
  • Aug 20, 2010 9:43am Aug 20, 2010 9:43am
Quoting paul1
If your long at the time of posting you are gambling, even on one minute chart no evidence to back up that move.

You never know....we all read charts differently.....maybe he saw something that you did not.......that's the beauty of chart reading....just like palm reading......we can intrept the data in many ways.....not saying every persons way is the right way....but who are we say it is not until the chart show us where it was going....then we can look in hind sight and say oh ya....I saw that....or better....wow I did not see that coming.
I don't trust any move - when you have profit...take it.
  • #284,277
  • Aug 20, 2010 9:43am Aug 20, 2010 9:43am
the 5m, 15m and 4h all show divergence to suggest it will reverse and move up temporarily. Will it head back towards the 150ema.

there seems like a lot of support for it to drop within this forum...

anyone think it will do the opposite and rise??
  • #284,278
  • Aug 20, 2010 9:44am Aug 20, 2010 9:44am
Quoting Faller
I did not say that it will end in a reversal hammer...another member posted that earlier!!! I was just commenting on it. For me...like I said...looking for a retrace to .2700 and will see from there. I am taking this long also based on the fact that oil is really holding up in this down draft......as oil goes up....so does the Euro......
Are you trading based on Fundamentals or technical or a mix of both?

Even if its a mix, we are going to close for the week. Take a look at the charts, if you dont see why a LONG position does not fly at the moment, please let me know the reasons.

I am a bit biased to the SHORT side cuz of positions held. Would really appreciate a clean cut LONG analysis.
  • #284,279
  • Aug 20, 2010 9:47am Aug 20, 2010 9:47am
Quoting AusPunter79
the 5m, 15m and 4h all show divergence to suggest it will reverse and move up temporarily. Will it head back towards the 150ema.

there seems like a lot of support for it to drop within this forum...

anyone think it will do the opposite and rise??
Yip - I'm long now from 1.2699... As to where, well, that remains to be seen...
Itchy Spirit Return This Year: na
  • #284,280
  • Aug 20, 2010 9:47am Aug 20, 2010 9:47am
Quoting Faller
...we all read charts differently......
Yeah some of us trade with the trend and some of us think they can outsmart the rest and counter-trend trade. Very, very few can do that - for very long.
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