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  • #289,501
  • Sep 7, 2010 5:25am Sep 7, 2010 5:25am
got stopped out in the morning with a buy @ 2830 & stopped at 2800. opened a short @ 2800 now the TP is: 2590
  • #289,502
  • Sep 7, 2010 5:25am Sep 7, 2010 5:25am
Quoting sacrelege
usd/chf is still heading north. eur/usd trend is still down on the 15min chart.
why do you add longs at this time?
No point adding longs unless for some 10-20 pips.

Volumes down, swing accumulation down unless something change rapidly and strong, this will be a freight train south tonite.

I just wait for a small spike to short this, now its ....nothing.
They think they are smarter than I am.
  • #289,503
  • Sep 7, 2010 5:27am Sep 7, 2010 5:27am
Quoting sacrelege
usd/chf is still heading north. eur/usd trend is still down on the 15min chart.
why do you add longs at this time?
'cos price is on a strong support, and on a 61% fibo and there is a bullish divergence...and i can put tight stop loss here....
  • #289,504
  • Sep 7, 2010 5:29am Sep 7, 2010 5:29am
Quoting Jhig
http://chart.ly/8l3lol2 Still anticipating Bulls.
  • #289,505
  • Sep 7, 2010 5:29am Sep 7, 2010 5:29am
Quoting sacrelege
usd/chf is still heading north. eur/usd trend is still down on the 15min chart.
why do you add longs at this time?
last weeks open i have 2738.. if we get below the gate opens.. bulls will fight to keep it.. a good place to long if bullish.. r/r is better there.. but if we get closes below its bear positive.
those who can, do. those who cant, talk about those who can
  • #289,506
  • Sep 7, 2010 5:32am Sep 7, 2010 5:32am
Thanks we did well with our short on EUR/JPY & EUR/USD... I would imagine Euro dollar will correct to about 1.2780 level, and perhaps you can get more out of it, shorting it from that level. But I am done for the day...

Quoting Naseri13
good luck.
I am with u
  • #289,507
  • Sep 7, 2010 5:32am Sep 7, 2010 5:32am
The way I see it, EURUSD is now in a symmetrical triangle of 536 pips where the intersect (end of it) is at 1.2821 in price and 10th September in time.

This is very close to 1.2821 which is a line in the sand for EURUSD, where many runs for higher tops have taken place or big drops have occurred before.

We'll see how it goes.
  • #289,508
  • Sep 7, 2010 5:33am Sep 7, 2010 5:33am
Quoting Driver55
I see that even today there are the usual provocateurs in this thread ...
Attached Image (click to enlarge)
Click to Enlarge Name: prov.jpg Size: 74 KB
  • #289,509
  • Sep 7, 2010 5:33am Sep 7, 2010 5:33am
Bear need retracement to go further down. Daily close below 2755 will resume bear action
You cannot learn better without losing
  • #289,510
  • Sep 7, 2010 5:34am Sep 7, 2010 5:34am
Quoting gatorinla
damn.. maybe you should leave again.. it was a better place when you were gone. you don't add anything to the forum. don't let the door hit you in the ass on the way out.

now if someone else would respond .. the ignorant could see this too.
Gator, hopefully you saw my post!! thankyou for all your help. You are a genius mate!!!!!
  • #289,511
  • Sep 7, 2010 5:36am Sep 7, 2010 5:36am
Quoting gatorinla
last weeks open i have 2738.. if we get below the gate opens.. bulls will fight to keep it.. a good place to long if bullish.. r/r is better there.. but if we get closes below its bear positive.
In truth, I believe that , on daily basis, the true support is lower
(2706-12).
But I hope I am wrong
The best thing that can happen to you is to find out where you're wrong.
  • #289,512
  • Sep 7, 2010 5:37am Sep 7, 2010 5:37am
Quoting forexings
Bear need retracement to go further down. Daily close below 2855 will resume bear action
Agree. I believe 1.2750 (maybe 1.27) will be the reversal levels. Even if its a partial retrace (usually indicating a trend change), a retrace is needed.
  • #289,513
  • Sep 7, 2010 5:40am Sep 7, 2010 5:40am
new lows on eur/chf coming.. I'm still holding my shorts on eur/usd.
  • #289,514
  • Sep 7, 2010 5:40am Sep 7, 2010 5:40am
Quoting Driver55
In truth, I believe that , on daily basis, the true support is lower
(2706-12).
But I hope I am wrong
month 2703
those who can, do. those who cant, talk about those who can
  • #289,515
  • Sep 7, 2010 5:43am Sep 7, 2010 5:43am
I belive it's gonna retrace to 1.2813, bullish divergence is formed.
  • #289,516
  • Sep 7, 2010 5:44am Sep 7, 2010 5:44am
Quoting Driver55
In truth, I believe that , on daily basis, the true support is lower
(2706-12).
But I hope I am wrong
2695 as a perfect daily pivotal point
  • #289,517
  • Sep 7, 2010 5:44am Sep 7, 2010 5:44am
this kinda shows what is meant by targets later becoming soft s/r..
Attached Image (click to enlarge)
Click to Enlarge Name: gator1 chf bowl.PNG Size: 20 KB
those who can, do. those who cant, talk about those who can
  • #289,518
  • Sep 7, 2010 5:47am Sep 7, 2010 5:47am
Quoting fx111
I belive it's gonna retrace to 1.2813, bullish divergence is formed.
divergences yes...Momentum, stochastic and RSI @ h1 TF
  • #289,519
  • Sep 7, 2010 5:48am Sep 7, 2010 5:48am
Reversal zone at 1.2707-1.2696
  • #289,520
  • Sep 7, 2010 5:50am Sep 7, 2010 5:50am
hello all, new to the act....i am actually holding my shorts and will do till a clear signal of north shift...
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