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EURUSD

  • #334,461
  • Nov 29, 2010 3:10am Nov 29, 2010 3:10am
Quoting T@rantula
fake breakout

Attachment .

closed a part for 10 pips ....need to break TL and get back into a swing mode.
T, yes I see that (& if confirmed = shorts of course) but its not confirmed yet (the failed attempt) so I have some doubts until further action. In my books, it can retest today's high and even overshoot for quite a few pips.

We'll see

sisse
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Click to Enlarge Name: Intraday60.JPG Size: 80 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #334,462
  • Nov 29, 2010 3:14am Nov 29, 2010 3:14am
Im counting on the overshot.. Didnt notice that channel...

Waiting to go to the area posted where the tl sits to see what happens- this is intraday..
  • #334,463
  • Nov 29, 2010 3:15am Nov 29, 2010 3:15am
Quoting coyoteuglyxxx
It looks as if 1.3228 holds firmly by NY open we will see 1.4 within 24 hrs... This could be the bottom at least temporarily
Any thoughts?
too funny this thread.

The pair has a 100 pip range by LO, squared back at day opening price & the crazies comes out of the woodwork for an 800 pip move in a day. And you thought you've read it all with Skyzer

I'm still shooting for 3097 before any serious retrace.
Thank You
  • #334,464
  • Nov 29, 2010 3:15am Nov 29, 2010 3:15am
Quoting coyoteuglyxxx
It looks as if 1.3228 holds firmly by NY open we will see 1.4 within 24 hrs... This could be the bottom at least temporarily
Any thoughts?
That's a misprint right?!
  • #334,465
  • Nov 29, 2010 3:16am Nov 29, 2010 3:16am
Quoting Mr Hatch
that's not what i meant. i was thinking about the furry coats hiding the... OO
hiding the... ?
Enter Signature
  • #334,466
  • Nov 29, 2010 3:17am Nov 29, 2010 3:17am
Quoting vosterfxandy
ok, please show me a pic of such a woman, i have never seen a "super hot fat chick"
still waiting...
Enter Signature
  • #334,467
  • Nov 29, 2010 3:17am Nov 29, 2010 3:17am
Quoting T@rantula
fake breakout

Attachment .

closed a part for 10 pips ....need to break TL and get back into a swing mode.
What makes you say its a fake breakout ?
COT: The precious data ignored
  • #334,468
  • Nov 29, 2010 3:18am Nov 29, 2010 3:18am
Quoting vosterfxandy
hiding the... ?
I'm goin to take a shot in the dark and say he was referring to tits... but who really knowzz
  • #334,469
  • Nov 29, 2010 3:18am Nov 29, 2010 3:18am
Quoting Guitarfx
That's a misprint right?!
If thats a misprint then something in my calculations must be very wrong lol. Will see ...
Did you place your stop loss order? Why not?!? Story of my life...
  • #334,470
  • Nov 29, 2010 3:20am Nov 29, 2010 3:20am
Quoting vosterfxandy
still waiting...
http://www.virginmedia.com/images/da...ch-431x400.jpg
  • #334,471
  • Nov 29, 2010 3:21am Nov 29, 2010 3:21am
K, I'm starting to favor a long scalp...maybe 3280 will trigger it...still tricky
Look Sharp/Trade Tight
  • #334,472
  • Nov 29, 2010 3:21am Nov 29, 2010 3:21am
Quoting coyoteuglyxxx
If thats a misprint then something in my calculations must be very wrong lol. Will see ...
It's half right.
24 hours and 1.4 will happen but not together!
  • #334,473
  • Nov 29, 2010 3:22am Nov 29, 2010 3:22am
Quoting Guitarfx
http://www.virginmedia.com/images/da...ch-431x400.jpg
You are into that aren't you?
to each their own lolz

Anyway going to bed, see you all at NY open
  • #334,474
  • Nov 29, 2010 3:22am Nov 29, 2010 3:22am
Quoting Guitarfx
It's half right.
24 hours and 1.4 will happen but not together!
  • #334,475
  • Nov 29, 2010 3:24am Nov 29, 2010 3:24am
Quoting coyoteuglyxxx
It looks as if 1.3228 holds firmly by NY open we will see 1.4 within 24 hrs... This could be the bottom at least temporarily
Any thoughts?
I guess anything is possible but in the pass three years trading I have only seen the EU do a bit over 500 pips in a day. We still need to get past 1.3500 before 1.4000. We will see but in the mean time I just taken a piece of her moves.

I close 5 lots short for 30 pips and done till NY.

Good luck with trades and green pips for all.
  • #334,476
  • Nov 29, 2010 3:24am Nov 29, 2010 3:24am
Quoting PayTheLimit
K, I'm starting to favor a long scalp...
I'm still scalping long & grubbing out 4-5 pip winners. Woulda been done if I had been right on the break. Nevertheless I am close to being done.

Good luck in this mess bud.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #334,477
  • Nov 29, 2010 3:25am Nov 29, 2010 3:25am
Quoting The Fool
I'm still scalping long & grubbing out 4-5 pip winners. Woulda been done if I had been right on the break. Nevertheless I am close to being done.

Good luck in this mess bud.
Same to you brother, fill that bag and get the hell out of here...PTL
Look Sharp/Trade Tight
  • #334,478
  • Nov 29, 2010 3:26am Nov 29, 2010 3:26am
Quoting kuroro001
What makes you say its a fake breakout ?
Double hammers. It was a fake. Double hammers are always sign of fake breakout. Look at momentum candles. Green, Red...and back to TL.

It lacked a momentum and it formed a double top. Many were tempted to go long and lost a position. Go with the trend on a current TF, or wait for a retest of double top for a bpc pattern.
  • #334,479
  • Nov 29, 2010 3:26am Nov 29, 2010 3:26am
Quoting disegnosys
I guess anything is possible but in the pass three years trading I have only seen the EU do a bit over 500 pips in a day. We still need to get past 1.3500 before 1.4000. We will see but in the mean time I just taken a piece of her moves.

I close 5 lots short for 30 pips and done till NY.

Good luck with trades and green pips for all.
Sorry. I meant 1.34.... please accept my appologies. 1.34 again..
Did you place your stop loss order? Why not?!? Story of my life...
  • #334,480
  • Nov 29, 2010 3:26am Nov 29, 2010 3:26am
Quoting PayTheLimit
K, I'm starting to favor a long scalp...maybe 3280 will trigger it...still tricky
Yes...same here looking for another long.
I don't like the PA right now to go short.
Maybe a rise above 1,3300 to get rid of all the stops.

We'll know more later...not much action right now
COT: The precious data ignored
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