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EURUSD

  • #325,661
  • Nov 14, 2010 7:44pm Nov 14, 2010 7:44pm
Quoting gatorinla
3733.5 is a major spot in my way of thinking..
feels like it would break 3757 next target imo
  • #325,662
  • Nov 14, 2010 7:45pm Nov 14, 2010 7:45pm
Quoting Freddyfx
Don't really get why anybody takes trades at this time of the market.

Any of my students that would take a trade this time could find themselves another teacher.

There is hardly any volume and entering trades is absolutely madness.

London will show this week's hand, just a few more hours patience.
it is sunday..tokyo has some nice opportunities too most people make their money on sundays
  • #325,663
  • Nov 14, 2010 7:47pm Nov 14, 2010 7:47pm
i smell of inverse head $ Shoulder on hourly?? Do any one smell the same.........?
  • #325,664
  • Nov 14, 2010 7:48pm Nov 14, 2010 7:48pm
Quoting Pipwanderer
feels like it would break 3757 next target imo
it opens and closes many times once crossed, but at some point it will close for a long time.
Inserted Video

you have to be on the right side when it does.
those who can, do. those who cant, talk about those who can
  • #325,665
  • Nov 14, 2010 7:49pm Nov 14, 2010 7:49pm
Quoting Munal
Same 1.3730 key........
Same also... retest of grrey TL...
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  • #325,666
  • Nov 14, 2010 7:49pm Nov 14, 2010 7:49pm
Quoting Munal
i smell of inverse head $ Shoulder on hourly?? Do any one smell the same.........?
not valid pattern imo.
I SEE YOU !!
  • #325,667
  • Nov 14, 2010 7:55pm Nov 14, 2010 7:55pm
Quoting dbfusion
not valid pattern imo.
So you think this is not a valid pattern..........???

Just a smell i mean of that..... its on the way
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  • #325,668
  • Nov 14, 2010 7:59pm Nov 14, 2010 7:59pm
Quoting gatorinla
it opens and closes many times once crossed, but at some point it will close for a long time.
http://www.youtube.com/watch?v=S1MsFVga6KQ
you have to be on the right side when it does.
do you have those downloaded on your work station...
it looks like we still have a nice herd of some bulls pushing
  • #325,669
  • Nov 14, 2010 8:04pm Nov 14, 2010 8:04pm
added shorts at 3749, full position now....lets see if it holds
  • #325,670
  • Nov 14, 2010 8:06pm Nov 14, 2010 8:06pm
Quoting Pipwanderer
do you have those downloaded on your work station...
it looks like we still have a nice herd of some bulls pushing
im waiting for the formation... it has to go higher to build it. it is a certainty it will form if we break Fridays high. if we dont then it just goes down.. im looking for a promising scalp to short. and if able i will hold it long term..
those who can, do. those who cant, talk about those who can
  • #325,671
  • Nov 14, 2010 8:06pm Nov 14, 2010 8:06pm
i have a candle close above that trend line on the hourly chart..hmm..
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  • #325,672
  • Nov 14, 2010 8:07pm Nov 14, 2010 8:07pm
could already be over
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  • #325,673
  • Nov 14, 2010 8:07pm Nov 14, 2010 8:07pm
Added shorts there as well, I have a target of 1.3642 for TP.
  • #325,674
  • Nov 14, 2010 8:09pm Nov 14, 2010 8:09pm
Quoting Pipwanderer
i have a candle close above that trend line on the hourly chart..hmm..

could be the great fakie....there were a lotta stops just above that tl, did you watch pa?
  • #325,675
  • Nov 14, 2010 8:14pm Nov 14, 2010 8:14pm
Quoting mfoste1
could be the great fakie....there were a lotta stops just above that tl, did you watch pa?
but that was around 3736 but pa manage to break through...imo...i am still bearish on this pair..just looking at the weekly..we have to retrace a bit more
  • #325,676
  • Nov 14, 2010 8:14pm Nov 14, 2010 8:14pm
Quoting Pipwanderer
i have a candle close above that trend line on the hourly chart..hmm..
looks like early in your tl 2 candles have poked through it. so you tl may be too low.
those who can, do. those who cant, talk about those who can
  • #325,677
  • Nov 14, 2010 8:16pm Nov 14, 2010 8:16pm
Quoting Pipwanderer
but that was around 3736 but pa manage to break through...imo...i am still bearish on this pair..just looking at the weekly..we have to retrace a bit more

exactly....they ran stops just above that tl, sucked longs in on the break in the process....were building a hard top atm.
  • #325,678
  • Nov 14, 2010 8:17pm Nov 14, 2010 8:17pm
i always think that market has a mind on its own... what might it be thinking right now? "is it worth the hassle to move up the lighter UTL?"
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  • #325,679
  • Nov 14, 2010 8:20pm Nov 14, 2010 8:20pm
pending short 3782... tl there and d r1 near.. sl tight... gl to all.. bbl
those who can, do. those who cant, talk about those who can
  • #325,680
  • Nov 14, 2010 8:22pm Nov 14, 2010 8:22pm
Quoting Pipwanderer
i have a candle close above that trend line on the hourly chart..hmm..

just my view....if it doesnt work ill just cover and reenter.
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