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  • #320,621
  • Nov 7, 2010 7:04pm Nov 7, 2010 7:04pm
Quoting malcolmb14
cloggie you wasting your time...

euro moves 160 pip a day and it is not now .. I see ' free money and all that ' being thrown out there ...and gap ( I ssume these guys selling off 1.4070 area)

reality is eu got bought on friday off 4025 , tested 4014 , those with accounts that can trade early took advanatge of the friday buy line test at the real market open several hours ago , those who think there was a gap are trading against the buying the was evident on friday on the 60 min charts. Both plays made money...

The buy line is 4025 for now...

You are so wrong, it is all because of the gap, you don't know what you are talking about and I am going to cut you into little pieces.

On a serious note, this discussion at least confirms the myth that a majority of the retailers fail in this endeavour, I mean how can you trade properly when your broker does not even give you a proper feed to start of with.

I do like to come in here and start my week of with a nice dose of good entertainment and watch the masses here crash and burn in flames.
  • #320,622
  • Nov 7, 2010 7:05pm Nov 7, 2010 7:05pm
Quoting ebush
Attachment


long for 1.4185

1.4076 ### SL 1.4026 and TP long for 1.4185


and all to good lucks,im going to sleep its almost dawn here
Im long too a little below you at 1.4063 SL 1.4019 TP-Open
To Your Success!!
  • #320,623
  • Nov 7, 2010 7:06pm Nov 7, 2010 7:06pm
completly bull. waiting for new high this week
So get ready!
  • #320,624
  • Nov 7, 2010 7:07pm Nov 7, 2010 7:07pm
This kind of a dumb statement to be honest .

It is well known that traders use 200 ma and 50 ma as s/r areas. .. so if he removed the 200 off his charts of course price would still have been supported as he was not the only one trading that area in the market. There are some traders that trade these moving averages on a 4hr , some on a daily etc etc . BUt when price comes to these moving averages it can find support there , even if they are not on your chart they may be on 30,000 other traders charts

I am not a believer in moving averages other than a jurik moving avergae to show me current trend. Instead for s.r I use high volume pivots .... MUCH better

Quoting redsword11
l have never read a fundemantal report ever, l pay no attention to Gartman or anything else other than raw price



all the bullshit and rumours are reflected in price configurations regardless, so if we concentrate on price, nothing else really matters


price is everything


....... price turns price, for example, was in a professional trading room, some professional trader stated in the room - THE 200 EMA GAVE SUPPORT HENCE THE RALLY - l asked him/her - DOES THAT MEAN IF YOU TOOK THE 200 EMA OFF YOUR CHART PRICES WOULD HAVE FELL?


couldn't...
Blogging daily now at www.volume.zone
  • #320,625
  • Nov 7, 2010 7:09pm Nov 7, 2010 7:09pm
If it holds 1.4020,I long too,just wait for gap filling
  • #320,626
  • Nov 7, 2010 7:11pm Nov 7, 2010 7:11pm
Quoting pauly
its just a habit, everytime i read the word divergence. and its for good reason.
Would be good to read why. Perhaps, I/we/someone could learn something from you, no ? Don't want to share ?????


The best use I've found for divergences so far is when they are under formation and there's high probability it will be confirmed (that's why I sent a warning on friday). Once they're printed on the chart, it's often late and it doesn't means so much about the future, except in some very specific cases.

They are a tool amongst others, not better, not a grail. A tool. Which needs a brain to analyze it.

In this very specific case, I can tell you that a powerfull bullish action will be needed to clear that small divergence on this indicator. Given the big engulfing we have on daily and the absence of strong news event for two days, odds are not we'll break 1.45 today.

So, my call stays : one of my tool sent a bearish signal. If people's tools show the same, it can be used as a confirmation. If not, as a warning. You can also just ignore it the same way I myself ignore a lot of posts in this thread
Don't just be a sheep : make your own idea of it.
  • #320,627
  • Nov 7, 2010 7:14pm Nov 7, 2010 7:14pm
Quoting malcolmb14
This kind of a dumb statement to be honest .

It is well known that traders use 200 ma and 50 ma as s/r areas....

ok trader - its your account and your belief system that matters to you



falsehood is promoted
  • #320,628
  • Nov 7, 2010 7:16pm Nov 7, 2010 7:16pm
Quoting redsword11
l have never read a fundemantal report ever, l pay no attention to Gartman or anything else other than raw price



all the bullshit and rumours are reflected in price configurations regardless, so if we concentrate on price, nothing else really matters


price is everything


....... price turns price, for example, was in a professional trading room, some professional trader stated in the room - THE 200 EMA GAVE SUPPORT HENCE THE RALLY - l asked him/her - DOES THAT MEAN IF YOU TOOK THE 200 EMA OFF YOUR CHART PRICES WOULD HAVE FELL?


couldn't...
agree the price found suport there because that is where all the entrie order where, not because of the MA........there is the gap closed now Mr. clogg
The Chonchy
  • #320,629
  • Nov 7, 2010 7:17pm Nov 7, 2010 7:17pm
Contrarian indicator : there's too many bulls in the room right now. Playing short.
Don't just be a sheep : make your own idea of it.
  • #320,630
  • Nov 7, 2010 7:17pm Nov 7, 2010 7:17pm
Extra.........extra.......gap closed ........
The Chonchy
  • #320,631
  • Nov 7, 2010 7:18pm Nov 7, 2010 7:18pm
The superstitious, fake imaginary gap has been filled. The money put in my account becayse is very real!
All that is left in FF is just plain garbage. "Cloggie"
  • #320,632
  • Nov 7, 2010 7:18pm Nov 7, 2010 7:18pm
Quoting bomber34
If it holds 1.4020,I long too,just wait for gap filling
better wait for 4015.. longs were triggered at 4026 and just below Friday and today. some of these triggered longs were shorts taken profit. just wait.. this was posted Friday prier
those who can, do. those who cant, talk about those who can
  • #320,633
  • Nov 7, 2010 7:18pm Nov 7, 2010 7:18pm
buy buy
ROBOT FOREX
  • #320,634
  • Nov 7, 2010 7:21pm Nov 7, 2010 7:21pm
Quoting tonyo524
The superstitious, fake imaginary gap has been filled. The money put in my account becayse is very real!
.............now I'm going to long the bounce of 4030 M2 for a few sardines while Mr. cloggie here wait for his big shot trade........
The Chonchy
  • #320,635
  • Nov 7, 2010 7:22pm Nov 7, 2010 7:22pm
Why buying when price is falling ?

Good luck with your longs...i'm keeping my short
COT: The precious data ignored
  • #320,636
  • Nov 7, 2010 7:24pm Nov 7, 2010 7:24pm
.......i'm lock in profits Mr. cloggie, keep waiting for your big trade........

sardines........ sardines...........
The Chonchy
  • #320,637
  • Nov 7, 2010 7:24pm Nov 7, 2010 7:24pm
short @ 1.4040 TP: 1.3990 SL: 14070

Good Luck
  • #320,638
  • Nov 7, 2010 7:25pm Nov 7, 2010 7:25pm
Quoting kuroro001
Why buying when price is falling ?

Good luck with your longs...i'm keeping my short
.....4 sardines i catch there kuroro and 18 before..................
The Chonchy
  • #320,639
  • Nov 7, 2010 7:25pm Nov 7, 2010 7:25pm
changing the colour of the moving average gave support - keep changing the colour of the 200 moving av and eu will rally ..............
  • #320,640
  • Nov 7, 2010 7:26pm Nov 7, 2010 7:26pm
Please refrain from childish behavior. Aren't we all trading our our money and ultimately our own strategy for successful trading?

Happy trading to all.
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