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EURUSD

  • #334,621
  • Nov 29, 2010 6:25am Nov 29, 2010 6:25am
Quoting PavelRus
yes, it's a porn site... High
Yea, every time I hear "Ride the Bull" or "She's Going Down" I think same thing
  • #334,622
  • Nov 29, 2010 6:26am Nov 29, 2010 6:26am
Quoting wormboy
a few beers
LOL it depends how much is the beer ))
  • #334,623
  • Nov 29, 2010 6:27am Nov 29, 2010 6:27am
Quoting mikej2010
I have strong support at 1.3130
Base on what Mike?.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #334,624
  • Edited 6:40am Nov 29, 2010 6:28am | Edited 6:40am
Quoting vlady1974
if I'd been dismissed unfairly. This is not the case here. These are part of the inevitable job cuts that will be felt in the public service.
You are kind of overlooking the reality of the situation which is that the global banking sector has bankrupted the West and governments have decided that the low earners should suffer the consequences. That's pretty unfair.

There is nothing inevitable about public sector job cuts. They are a political/ideological move. All the jobs could be protected by taxing the banking thieves who accrued/stole all our wealth over the past 15years.

If someone else wants to fight for their job and livelihood why should you have any say in that? Because your train was late? Boo hoo.
  • #334,625
  • Nov 29, 2010 6:29am Nov 29, 2010 6:29am
Quoting wormboy
fortnight? why not go a month back?

1. http://www.forexfactory.com/showpost...stcount=312686

what a clown. say hello to ignore. And have fun pissing that 150 pip stop away rookie. lmao

How very intelligent..

How old are you? 12?

You took an almost 200 hit targeting 1.44 and declared you are out until January, now you ridicule anyone buying eu

Stops get hit, nothing special about that.

I wish more people here would dwell on the bad trades as much as they do the good ones.
Mind over matter..I don't mind and you don't matter.
  • #334,626
  • Nov 29, 2010 6:31am Nov 29, 2010 6:31am
I watching the reaction at 3166 on the hourly...if there is one soon...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 14 KB
Look Sharp/Trade Tight
  • #334,627
  • Nov 29, 2010 6:32am Nov 29, 2010 6:32am
Quoting JuliusCeasar
...
I wish more people here would dwell on the bad trades as much as they do the good ones.
J.C., you're right! Everybody spreads his PIP heros, nearly no one documents his failures and even not why they failed. We all miss a good opportunity to learn!
  • #334,628
  • Nov 29, 2010 6:33am Nov 29, 2010 6:33am
Quoting sisse
Base on what Mike?.

sisse
already bounced back up to 1.3153 ... I went 'long' for a scalp at 1.3138 ...

1h or 4h dating back to mid sept is where I have my support from ... worked out so far.
  • #334,629
  • Nov 29, 2010 6:34am Nov 29, 2010 6:34am
Hi, i was all wrong in the morning. Good that i wasnt in the market...

Were outside and came back sold at 75 and took 5 pips of. (a large move down didnt want to trap me if a retrace would occurred )

Ill wait for a pullback and some sign of continuation for down if it will show, if not tomorrow is always a new day.

Hatch did u hold the one from morning? Nice job guys T great call!


by
  • #334,630
  • Nov 29, 2010 6:35am Nov 29, 2010 6:35am
Quoting intery
I read it three times.
I got your point, and you didn't say anything about 3300 or 3335. Fear is fear, free fall is free fall, no systems will work in this situation - it is true, but supports are expected, that's my view, no more, no less.

btw, my daily is posted on one page before.
Hi bro
Have u got my point now or not yet
  • #334,631
  • Nov 29, 2010 6:35am Nov 29, 2010 6:35am
The PA penetrated the lower TL by 10 pips and is back in range. The 38.2 fib is 17 pips away from the daily low. The PA in the downchannel downshooted the TL 3 times before so far.

The question in the equation is: Should I stay or should I go now?

My biggest position still open and I want to squeeze the max of it but....

Confusion, confusion....

It would be nice to be a robot with no emotions whatsoever in this case
Riding the Dragon....
  • #334,632
  • Nov 29, 2010 6:38am Nov 29, 2010 6:38am
Quoting Farstrider
The PA penetrated the lower TL by 10 pips and is back in range. The 38.2 fib is 17 pips away from the daily low. The PA in the downchannel downshooted the TL 3 times before so far.

The question in the equation is: Should I stay or should I go now?

My biggest position still open and I want to squeeze the max of it but....

Confusion, confusion....

It would be nice to be a robot with no emotions whatsoever in this case
I don't what you should do. Use good M/M, personally, I'm waiting for 1.275, and at that point, I'll move my S/L to 1.29 - 1.30 area.
  • #334,633
  • Nov 29, 2010 6:38am Nov 29, 2010 6:38am
Quoting Farstrider
The PA penetrated the lower TL by 10 pips and is back in range. The 38.2 fib is 17 pips away from the daily low. The PA in the downchannel downshooted the TL 3 times before so far.

The question in the equation is: Should I stay or should I go now?

My biggest position still open and I want to squeeze the max of it but....

Confusion, confusion....

It would be nice to be a robot with no emotions whatsoever in this case
stay. there's no reversal formation in sight yet.
Thank You
  • #334,634
  • Nov 29, 2010 6:40am Nov 29, 2010 6:40am
OK. I see. However that's not the kind of trades I look for in my books but well done to you.

sisse

Quoting mikej2010
already bounced back up to 1.3153 ... I went 'long' for a scalp at 1.3138 ...

1h or 4h dating back to mid sept is where I have my support from ... worked out so far.
Pending conversations? PM for a chat...I am mainly in OTM now
  • #334,635
  • Nov 29, 2010 6:40am Nov 29, 2010 6:40am
no reason to long euro yet....so far daily move is 166 pips...
about 100 pips more to go and maybe US session will achieve that.

i'm short with a tight stop loss...will short again around 1.32 with 10-15 pip stop loss.
  • #334,636
  • Nov 29, 2010 6:42am Nov 29, 2010 6:42am
Quoting TheCyberCore
J.C., you're right! Everybody spreads his PIP heros, nearly no one documents his failures and even not why they failed. We all miss a good opportunity to learn!
Exactly.

When anyone especially the senior traders makes a call or posts a chart i actually try to learn something from it

I actually follow wormies thread and no one calls him crazy when he gets stopped out( and it happens often)
Mind over matter..I don't mind and you don't matter.
  • #334,637
  • Nov 29, 2010 6:43am Nov 29, 2010 6:43am
Quoting wormboy
stay. there's no reversal formation in sight yet.
Yep. PA below the TL again. The bigger question thou is where will we bounce?

I have a few ideas but am just going to put a hedge at 1.3120 and wait and see. The best setup will be to load more longs once the bottom is clear and than short it all at 1.342-ish for a good nice ride into the 1.2 zone.

However this time i want to wise up and not make any predictions.

Who tha hell knows?!? If I want to be hunter I'll have to lear the patience
Riding the Dragon....
  • #334,638
  • Nov 29, 2010 6:45am Nov 29, 2010 6:45am
The dollar is gaining ground on the back of a worring political and economical global perspective. Still, I think EURUSD is at an oversold level for the short term (next few hours) and close to an important support. This is the reason why I favour establishing longs around these price levels with the purpose to close them around the NY close. It is a risky gamble, so money management should be very prudent on theese potential trades.

See the chart and my support and resistance levels here: http://www.ktd.ro/fin/fx.php
  • #334,639
  • Nov 29, 2010 6:45am Nov 29, 2010 6:45am
Quoting stevexyg
You are kind of overlooking the reality of the situation which is that the global banking sector has bankrupted the West and governments have decided that the low earners should suffer the consequences.

There is nothing inevitable about public sector job cuts. They are a political/ideological move. All the jobs could be protected by taxing the banking thieves who accrued/stole all our wealth over the past 15years.

If someone else wants to fight for their job and livelihood why should you have any say in that? Because your train was...
Steve,

The beauty of the democracy here is that we can agree to disagree, so I can tell you - I hear what you're saying. I'm Australian and a Australian Labour Man (read that as union supporter as my father was a unionist) but what I've never liked is holding the public to ransom just because of power and influence. So, not taking away from RMT being able to fight their corner - they can protest and have diplomatic talks, but strikes? It affects EVERYONE commuting. It's a different ball game. So yes, I should have a say on that. I pay my taxes and I expect my public utilities to be up and running.

Your point about banks and governments is moot when (potentially) you and the public voted for a government going for swingeing cuts. It's not an ideological point, it's fact. It's real. You deal with it. If I were a public servant that knew that cuts were on the way, my survival instinct is to prepare for the worst.... find another job. Striking wont pay the bills.

Anyways, this is getting old. I'm here for pips. But don't call me ignorant when you are ignorant of my history or situation behind my views.

Best of luck to you.
A pip is only worth it if you know how much you risked to earn it
  • #334,640
  • Nov 29, 2010 6:46am Nov 29, 2010 6:46am
Quoting grashid
1. Max i could c Eu was at 1.36450 atm
2. I could wait some minor pull back if prices goes to 1.3150-1.3050-1.29150-1.28450...Am Still holding it from 1.4080 (even a bit late) since last few week.
3. Possible somepull back happen after item#2 reach where i may add in ~ 1.35720-1.3600 area...
4. My final target till Q2'11 was 1.23350-1.18250. Break and holding any H1/H4 below this 1.18250 area my next will be 1.07650-0.96850-0.8650 till Q3'11


Why? Look your daily gold mate....min USD100-300 down under sea level from 1424?

Anyway...
next trip plz...
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