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  • #293,281
  • Sep 17, 2010 2:29am Sep 17, 2010 2:29am
If SM is trying to get traders into bad positions they sure aren't doing a very good job. It's so easy to make money off this PA it's stupid. Put a blindfold on and hit the buy button whenever the hell you feel like it. If you're really unlucky and got in at a bad spot you might have to stomach a 10 pip retrace before price shoots back up and you're in the green. Place SL at break even and keep adding.
  • #293,282
  • Sep 17, 2010 2:34am Sep 17, 2010 2:34am
Quoting Awesome
If SM is trying to get traders into bad positions they sure aren't doing a very good job. It's so easy to make money off this PA it's stupid. Put a blindfold on and hit the buy button whenever the hell you feel like it. If you're really unlucky and got in at a bad spot you might have to stomach a 10 pip retrace before price shoots back up and you're in the green. Place SL at break even and keep adding.
Yeah but people dont generaly figure that out. Why otherwise would the vietnam war ever have been? Why else would people agree to actually murder eachother just cause some ***hole in a suit and tie told them to?
My signature is: "Classified".
  • #293,283
  • Sep 17, 2010 2:37am Sep 17, 2010 2:37am
Hello .

PA in EU is still very bullish on every TF.
But sometimes I use Gold as a leading indicator, and watch, BOTH Gold and EUR/USD are on a daily trendline.

I think we may see some bearish reaction, if confirmed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu_daily.GIF Size: 27 KB
Click to Enlarge Name: gold_daily.GIF Size: 33 KB
Murrey Math on every TF + Divergences on higher TFs
  • #293,284
  • Sep 17, 2010 2:39am Sep 17, 2010 2:39am
hopefully a good drop from here then rise again
  • #293,285
  • Sep 17, 2010 2:40am Sep 17, 2010 2:40am
usdchf h4, large flag, if it breaks up .... strong short EURUSD
  • #293,286
  • Sep 17, 2010 2:41am Sep 17, 2010 2:41am
Quoting Mikispag
Hello .

PA in EU is still very bullish on every TF.
But sometimes I use Gold as a leading indicator, and watch, BOTH Gold and EUR/USD are on a daily trendline.

I think we may see some bearish reaction, if confirmed.
Yah, and gold has been stepping up since the 14th, and whaddya know, so has EUR/USD. But the relations seems far from clear, since sometimes when gold shoots down E/U shoots up. Well at least if there is big moves on gold the probability of the same direction happening on E/U increases.
My signature is: "Classified".
  • #293,287
  • Sep 17, 2010 2:42am Sep 17, 2010 2:42am
soon will see result in eurusd
  • #293,288
  • Sep 17, 2010 2:43am Sep 17, 2010 2:43am
Bull trying to short cut again at the very top , H1 tf possible sell off ,lets see if able to up 3150 or at least close price remains above redline 3114 before jumping any side .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 11 KB
Click to Enlarge Name: eu1.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #293,289
  • Sep 17, 2010 2:43am Sep 17, 2010 2:43am
Quoting macsetta
And what is your view on the next?
3184
  • #293,290
  • Sep 17, 2010 2:45am Sep 17, 2010 2:45am
Look at the run up that started in June of this year. Came out of nowhere, people keep looking for reasons to go short, price keeps moving up. Didn't matter what fundamentals or techs said, price kept moving up against all rationalization. Looks similar right now. Price will keep moving up as long as people can find reasons to go short.
  • #293,291
  • Sep 17, 2010 2:46am Sep 17, 2010 2:46am
Quoting mfoste1
i went short 5930 have another at 5960(monthly pivot)
i closed with loss. still positive overall. on the pair.
those who can, do. those who cant, talk about those who can
  • #293,292
  • Sep 17, 2010 2:46am Sep 17, 2010 2:46am
Quoting T@rantula
3184
So still up. Take care, good luck, thanks for taking your time.
  • #293,293
  • Sep 17, 2010 2:49am Sep 17, 2010 2:49am
short done at 3149..with sl 3174..first tp at 3104...
  • #293,294
  • Sep 17, 2010 2:50am Sep 17, 2010 2:50am
The dollar is so unloved, poor guy !
Reverse here or new push upside , we'll see
COT: The precious data ignored
  • #293,295
  • Sep 17, 2010 2:51am Sep 17, 2010 2:51am
buy usdcad
  • #293,296
  • Sep 17, 2010 2:53am Sep 17, 2010 2:53am
long already started .target now 3334.next resistance 3186 though, ultimate resistance 8/8MM in both h4 & h1 tf , should be very tough.


fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #293,297
  • Sep 17, 2010 2:54am Sep 17, 2010 2:54am
Is anyone thinking of what I am thinking ? With EUR/CHF @ 1.3377 and the swissy hitting 1.08, and the EUR apparently breaking out..the time should come soon.
  • #293,298
  • Sep 17, 2010 2:55am Sep 17, 2010 2:55am
usd at todays high on chf and todays low on euro. atm
those who can, do. those who cant, talk about those who can
  • #293,299
  • Sep 17, 2010 2:55am Sep 17, 2010 2:55am
should not breach that for a short.. but bulls are tearing everything apart for now..

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  • #293,300
  • Sep 17, 2010 2:56am Sep 17, 2010 2:56am
some people had gone short on a strong bull run, has anyone seen them ?
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