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EURUSD

  • #294,961
  • Sep 22, 2010 8:49am Sep 22, 2010 8:49am
.....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd long term.gif Size: 19 KB
Buy low , Sell high
  • #294,962
  • Sep 22, 2010 8:50am Sep 22, 2010 8:50am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting Z3iz3i
I will short next 30min candle, its new intraday high.
LOL yes, that means it's going to rocket upwards!!!!!

Are you scalping?
  • #294,963
  • Sep 22, 2010 8:50am Sep 22, 2010 8:50am
Quoting SaiDawi
It's way toooo crazy.. this is very weird.. I lost $1077 USD with this damn crazy move.. I am out of the game for now.. I'm broke!
ohh you were short?and trying to fight the market?

Ub
  • #294,964
  • Sep 22, 2010 8:51am Sep 22, 2010 8:51am
Rock and Roll going on Weekly........
  • #294,965
  • Sep 22, 2010 8:52am Sep 22, 2010 8:52am
Quoting Pipalot
LOL yes, that means it's going to rocket upwards!!!!!

Are you scalping?
Not sure yet, will see

But i am changeing direction if need after revaluating the close.
They think they are smarter than I am.
  • #294,966
  • Sep 22, 2010 8:52am Sep 22, 2010 8:52am
Quoting Pipalot
It's not strange, it's the simple fact that you never know what is going to happen in Forex, that's why there is absolutely no point in trying to predict it. Just define your trading edge with the probabilities in your favour and trade.
this is exactly my point, nothing is strange in forex.
  • #294,967
  • Sep 22, 2010 8:52am Sep 22, 2010 8:52am
EUR/USD has been fun so far, but I reckon the fireworks might start at 16:00 if the european consumer confidence comes out well, even though that is normally a low key event. Well, still long.
  • #294,968
  • Sep 22, 2010 8:53am Sep 22, 2010 8:53am
Quoting pres78
It hit 3428 and stopped dead for the moment... where will it go next?
Ok 3443 is really +2/8 overshoot.. we could have some retracement it is really OB. Its good for shorts and to put stops above that level...not sure...need to see candle close first.

Need to wait...
  • #294,969
  • Sep 22, 2010 8:54am Sep 22, 2010 8:54am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting Z3iz3i
Not sure yet, will see

But i am changeing direction if need after revaluating the close.
Ok good luck with which ever way you choose.
  • #294,970
  • Sep 22, 2010 8:59am Sep 22, 2010 8:59am
Quoting T@rantula
Ok 3443 is really +2/8 overshoot.. we could have some retracement it is really OB. Its good for shorts and to put stops above that level...not sure...need to see candle close first.

Need to wait...
usdchf is attacking all time low atm. that won't go unnoticed.
  • #294,971
  • Sep 22, 2010 9:02am Sep 22, 2010 9:02am
Attached Image (click to enlarge)
Click to Enlarge Name: aa.jpg Size: 104 KB


i have this lines in murrey?? these are different.. dont have the +2 overshot at that area
  • #294,972
  • Sep 22, 2010 9:04am Sep 22, 2010 9:04am
Quoting Mr Hatch
usdchf is attacking all time low atm. that won't go unnoticed.
It was lower in Feb 2007.
  • #294,973
  • Sep 22, 2010 9:05am Sep 22, 2010 9:05am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
For anyone who is thinking of shorting, you are continuously feeding the bulls and the trend. There will probably be a lot of traders thinking "it must start retracing soon", hence "i must short", but we are in a strong Bullish trend and everytime you short, your feeding the trend..........

For me, keep shorting, i'm not full yet!!!
  • #294,974
  • Sep 22, 2010 9:06am Sep 22, 2010 9:06am
Quoting Pipalot
For anyone who is thinking of shorting, you are continuously feeding the bulls and the trend. There will probably be a lot of traders thinking "it must start retracing soon", hence "i must short", but we are in a strong Bullish trend and everytime you short, your feeding the trend..........

For me, keep shorting, i'm not full yet!!!

ok!
  • #294,975
  • Sep 22, 2010 9:08am Sep 22, 2010 9:08am
Quoting Pipalot
For anyone who is thinking of shorting, you are continuously feeding the bulls and the trend. There will probably be a lot of traders thinking "it must start retracing soon", hence "i must short", but we are in a strong Bullish trend and everytime you short, your feeding the trend..........

For me, keep shorting, i'm not full yet!!!
I guess even the strongest bulls need to stop and digest sooner or later !
  • #294,976
  • Sep 22, 2010 9:08am Sep 22, 2010 9:08am
fwiw hope you bulls enjoyed your little run
  • #294,977
  • Sep 22, 2010 9:09am Sep 22, 2010 9:09am
EU looking for a break of 1.343X area if Price breaks this area next huge very very big resistance will be a 50% Fib supporting by 100 SMA.............. 1.3508 to 1.353X area will be interesting for EU........ More on chart...... how you see it........

If you see second chart 61.8 fib is near by tooo.. so all it depends upon how we see it........
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weekly.gif Size: 22 KB
Click to Enlarge Name: weekly1.gif Size: 22 KB
  • #294,978
  • Sep 22, 2010 9:10am Sep 22, 2010 9:10am
  •  Pipalot
  • | Joined Sep 2010 | Status: Going with the flow of the markets | 79 Posts
Quoting zaphy
I guess even the strongest bulls need to stop and digest sooner or later !
Yes they do, but for those who have shorted in this trend, have then gone, b#llocks this ain't working, i must buy/exit, hence we keep moving up.
  • #294,979
  • Sep 22, 2010 9:11am Sep 22, 2010 9:11am
Quoting Pipalot
For anyone who is thinking of shorting, you are continuously feeding the bulls and the trend. There will probably be a lot of traders thinking "it must start retracing soon", hence "i must short", but we are in a strong Bullish trend and everytime you short, your feeding the trend..........

For me, keep shorting, i'm not full yet!!!
..gold as well
  • #294,980
  • Sep 22, 2010 9:11am Sep 22, 2010 9:11am
I got 2 pips spread on eurusd, i think thats why it seems harder to stay in it.
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