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  • #287,721
  • Sep 1, 2010 12:56am Sep 1, 2010 12:56am
this smells like break upside for a new high- definitely not taking that ... closed my for 15 pips


guess news will do the trick... standing asaide
  • #287,722
  • Sep 1, 2010 12:59am Sep 1, 2010 12:59am
Quoting Vladimir1987
this smells like break upside for a new high- definitely not taking that ... closed my for 15 pips


guess news will do the trick... standing asaide
Just was about to ask you if you got out. Well done. I was skeptic to take that short.
  • #287,723
  • Sep 1, 2010 1:14am Sep 1, 2010 1:14am
EU has broken the resistance but not clearly. It went to 1.2735. My view is bullish yet. But if I see consolidation at 1.2735 level , I may sell EU with a tight sl. I have no plan to order a buy now. But I want to sell euro/usd at 1.2770/80/90 where price will complete 110-130 pips movement today.

There is UK Manufacturing PMI at 8:30 GMT today (after 20 minutes) which may effect EU beside GU. If that news result is good, EU may even go to 1.28 level. First I want to wait for the news result.
In forex, one currency is always up!
  • #287,724
  • Sep 1, 2010 1:14am Sep 1, 2010 1:14am
Quoting Vladimir1987
this smells like break upside for a new high- definitely not taking that ... closed my for 15 pips


guess news will do the trick... standing asaide
No clear break of the trendline yet? Just a little spike so far. Let`s see if 15min candle closes below or over. Over needs to be 1.2730 on my tredline.
  • #287,725
  • Sep 1, 2010 1:14am Sep 1, 2010 1:14am
Hello everybody!

My forecast, UP - EUR/USD @1.277 and DN - USDX 82.75. Then corenction, after again bulls will play
  • #287,726
  • Sep 1, 2010 1:16am Sep 1, 2010 1:16am
Price has stalled for a while, bank(s) are calculating where to take it.

No shorts yet...
They think they are smarter than I am.
  • #287,727
  • Sep 1, 2010 1:17am Sep 1, 2010 1:17am
And it breaks 1.2735.
In forex, one currency is always up!
  • #287,728
  • Sep 1, 2010 1:18am Sep 1, 2010 1:18am
OsMA hidden bull and MOM classic divergence pushed the pair up in late asia, eu following

I placed a short 2686 aiming for 2635, PA touched 2662 and stopped at BE+1

sideways...

I will trade E/J until i see EU breakout in either direction

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  • #287,729
  • Sep 1, 2010 1:19am Sep 1, 2010 1:19am
Quoting kidspips
And it breaks 1.2735.
Not yet, and its starting to get overbought.
  • #287,730
  • Sep 1, 2010 1:19am Sep 1, 2010 1:19am
Quoting Z3iz3i
bank(s) are calculating where to take it.

No shorts yet...
Do you really think you know what banks are doing?
  • #287,731
  • Sep 1, 2010 1:23am Sep 1, 2010 1:23am
yes the tl wasnt broken that time yet. I was refering for a setup- 700 hold one candle with no decision the other a bull bar and all near 700, this had quite a chance to go north to break the tl wich in my case isnt loaded with strenght and targeting the recent highs

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  • #287,732
  • Sep 1, 2010 1:23am Sep 1, 2010 1:23am
Trade the trend....its going up dont fight it.
Former Trader Of the Year of the 95% losing club! Retired
  • #287,733
  • Sep 1, 2010 1:24am Sep 1, 2010 1:24am
Quoting Sunsi
Not yet, and its starting to get overbought.
Now clearly broken. Up up ...
In forex, one currency is always up!
  • #287,734
  • Sep 1, 2010 1:25am Sep 1, 2010 1:25am
Quoting T@rantula
Sometimes I draw 2 parallel lines and watch PA movement inside the tunnel/channel.

Indicator I use as a congestion breakout is named exactly like that- Congestion breakout. I can send u via email if u wish.

T
Hi,

is it possible to send Congestion breakout indicator to my email please
"yucca (at) centrum (dot) cz"

thanks

regards
  • #287,735
  • Sep 1, 2010 1:27am Sep 1, 2010 1:27am
Quoting kidspips
Now clearly broken. Up up ...
Need to get some candels to open above to say its clearly broken...
  • #287,736
  • Sep 1, 2010 1:29am Sep 1, 2010 1:29am
Quoting T.E.Lawrence
Do you really think you know what banks are doing?
Yes, by experience i have learned some common characteristics regarding their trading. Just statistics.

Dont ask me which bank(s), no i dont know that
They think they are smarter than I am.
  • #287,737
  • Sep 1, 2010 1:30am Sep 1, 2010 1:30am
I think its time to start selling but that's my opinion.
Timing is everything
  • #287,738
  • Sep 1, 2010 1:32am Sep 1, 2010 1:32am
Quoting Z3iz3i
Yes, by experience i have learned some common characteristics regarding their trading. Just statistics.

Dont ask me which bank(s), no i dont know that
Which bank, for instance?
  • #287,739
  • Sep 1, 2010 1:32am Sep 1, 2010 1:32am
nice fighting and strong resistance of 1.2743 !
No position right now: waiting...
  • #287,740
  • Sep 1, 2010 1:33am Sep 1, 2010 1:33am
Check this out if you've got time. I know this thread is most likely going to get crazy again....buy now..sell now, no wait buy, no wait...hold on.

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