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  • #336,901
  • Dec 1, 2010 11:08am Dec 1, 2010 11:08am
Quoting Pipmysterio
We will come back to 1.29 area before the week is over. I'm not buying into this crap.
Not this week - on Tuesday
  • #336,902
  • Dec 1, 2010 11:08am Dec 1, 2010 11:08am
made some food, come back wtf lol...glad that i covert my short...expected a reversal but not be that much force... i saw it coming looking at the futures.. stupid i didn't took a long..
  • #336,903
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
it may range and produce many inside bars...focus on daily price action and daily close. stick to your long term plan
  • #336,904
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
That's a major algo program buy right there.

I am not sure if they use a news to accelerate the move up. I usually see this kind of moves when they have to break a major resistance which I saw earlier to be the 3120s area.

Would this mean we now have a trend change ? We'll see.
  • #336,905
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
I'm not getting moved by this shit, I'm just going to wait, a new up move has a lot of resistance because of recent downtrend.So I'm off. TV time
  • #336,906
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
Quoting Pipmysterio
We will come back to 1.29 area before the week is over. I'm not buying into this crap.

The market does whatever it wants to, I wouldn't put any emotion into it. It's going to do what it wants. Stick to your method even if you're disagreeing!
  • #336,907
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
cable's turn.

I have 3216 as the next resistance & possible target.
Thank You
  • #336,908
  • Dec 1, 2010 11:09am Dec 1, 2010 11:09am
Quoting egkid
Hi
just back home , strange not see e/u go high!
Time important factor, Any news market are waiting for??
Damn it, Time Important Factor
  • #336,909
  • Dec 1, 2010 11:10am Dec 1, 2010 11:10am
Quoting Stackhouse
That's a major algo program buy right there.

I am not sure if they use a news to accelerate the move up. I usually see this kind of moves when they have to break a major resistance which I saw earlier to be the 3120s area.

Would this mean we now have a trend change ? We'll see.

no
  • #336,910
  • Dec 1, 2010 11:11am Dec 1, 2010 11:11am
Quoting wormboy
cable's turn.

I have 3216 as the next resistance & possible target.

yea i have the same....we might be in squeeze mode....

i wanna see the reaction at 200dma
  • #336,911
  • Dec 1, 2010 11:12am Dec 1, 2010 11:12am
Quoting johnnyrei
Not this week - on Tuesday
Next Tue or Thu.....as NFP will be little bit lower than expected.

But i wont suprice if its able to goes as mentioned b4 ~ 1.35/36....but my aim was at 1.32-1.33 area atm
  • #336,912
  • Dec 1, 2010 11:12am Dec 1, 2010 11:12am
Who ever done this made good money as he was long from 1.3046 area before London close.
Attached Image (click to enlarge)
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  • #336,913
  • Dec 1, 2010 11:14am Dec 1, 2010 11:14am
This just happened with the eurousd....damn that was fast spike up
  • #336,914
  • Dec 1, 2010 11:14am Dec 1, 2010 11:14am
While E/U is holding this spike the E/G has come back down 2/3rds of the same move suggesting....
  • #336,915
  • Dec 1, 2010 11:14am Dec 1, 2010 11:14am
today's price action (it can be seen very well on an h1 chart) suggests bias has changed, at least for short/medium term. it is the first time since 1.37 when we see a 'sustained' rally (in both duration and pips).

i hope everyone covered shorts. bear party seems over for now.
Nihil Sine Deo.
  • #336,916
  • Dec 1, 2010 11:14am Dec 1, 2010 11:14am
Quoting JuliusCeasar
3080 is important

close above there on higher tfs and bulls might be back in action towards 1.33

last 2/3 days dips have been bought

here is a weekly



Attachment

Strength has been in the background but as always going in a straight line would be too easy

I have an aversion for those 1000 pip non stop trades


H4 closing above 3080 earlier was significant
Mind over matter..I don't mind and you don't matter.
  • #336,917
  • Dec 1, 2010 11:15am Dec 1, 2010 11:15am
Quoting wormboy
cable's turn.

I have 3216 as the next resistance & possible target.
Yep. I'm still on the sidelines until the 4H turns. When Sky shows up, it will be about time to add.
  • #336,918
  • Dec 1, 2010 11:15am Dec 1, 2010 11:15am
1. last week bar is outside bar (bearish bar)
2. last month bar is outside bar (bearish bar)

Why would anyone think to ever go long on this pair based on price action? will I buy eur/usd, NO WAY. Will it go up 200-300 pips, possibly.

My goal is to stick to the long term plan, open one trade ($10 a pip) and just make 200-300 pips in a single trade based on daily price action. That is good enough income for me comming from one pair even if I open 2-3 trades a month.
  • #336,919
  • Dec 1, 2010 11:15am Dec 1, 2010 11:15am
Quoting TudorJonesJR
made some food, come back wtf lol...glad that i covert my short...expected a reversal but not be that much force... i saw it coming looking at the futures.. stupid i didn't took a long..
Yeah, there were loads of accumulation and no reaction onto market yet.

Then when something does not happen like "snap" as it should, it usually will happen delayed and same direction.

I missed this crap while making some food.
They think they are smarter than I am.
  • #336,920
  • Dec 1, 2010 11:15am Dec 1, 2010 11:15am
Quoting Guitarfx
bit too tight maybe - good luck though!
I meant 3070 lol sorry that was a typo.
Know when to hold em, Know when to fold em!
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