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  • #340,301
  • Dec 6, 2010 1:14pm Dec 6, 2010 1:14pm
Quoting pawpaw1000
Was about to ask him the exact same question!

And the end "any stupid up push and I'll close" spells disaster! If you want to short would it not be a better entry to enter at the test of 3330 and put s/l above 50 level or maybe test of 50 level with s/l above previous H1 swing high?

Comeon, PLAN is the 1st thing you need... You're gambling!
check my previous post and don't talk rubbish .

we are grown up people here .

behave .
I SEE YOU !!
  • #340,302
  • Dec 6, 2010 1:15pm Dec 6, 2010 1:15pm
Quoting pawpaw1000
Was about to ask him the exact same question!

And the end "any stupid up push and I'll close" spells disaster! If you want to short would it not be a better entry to enter at the test of 3330 and put s/l above 50 level or maybe test of 50 level with s/l above previous H1 swing high?

Comeon, PLAN is the 1st thing you need... You're gambling!
or maybe he nees a good money management...
LOL
  • #340,303
  • Dec 6, 2010 1:16pm Dec 6, 2010 1:16pm
Quoting dbfusion
in this chart you might be able to see 4 reasons on why i took it .

I am not saying that I will win it because I don't know yet .

I am just showing you my reasons .

I hope this will answer your question.


Nice bro, I'm hoping for a entry closer to 3330 so I can get better RR but you might have something here
@pawpaw1000 on Twitter
  • #340,304
  • Dec 6, 2010 1:16pm Dec 6, 2010 1:16pm
this e/u is going up as far as 200pips the taget point is 1.3479.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 6 valid eu uptrend iii.gif Size: 46 KB
bakare
  • #340,305
  • Dec 6, 2010 1:17pm Dec 6, 2010 1:17pm
Quoting pawpaw1000


Nice bro, I'm hoping for a entry closer to 3330 so I can get better RR but you might have something here
Might not get there, dont not get in a trade that can turn out awesome if it does not hit your exact price target

I missed out on many many awesome trades because price did not reach my exact entry.
Know when to hold em, Know when to fold em!
  • #340,306
  • Dec 6, 2010 1:18pm Dec 6, 2010 1:18pm
Quoting adexadams
this e/u is going up as far as 200pips the taget point is 1.3479.
question: what are you trying to "sell" to us with your advices to buy eu? you're long and underwater ain't ya?
LOL
  • #340,307
  • Dec 6, 2010 1:21pm Dec 6, 2010 1:21pm
Quoting pawpaw1000
Was about to ask him the exact same question!

And the end "any stupid up push and I'll close" spells disaster! If you want to short would it not be a better entry to enter at the test of 3330 and put s/l above 50 level or maybe test of 50 level with s/l above previous H1 swing high?

Comeon, PLAN is the 1st thing you need... You're gambling!
Paw, you know me mango...

I don't care why people take a position as long as they see a damn good reason in their charts. So many others will follow a call into account slaughter based on the first call they see.

He posted his chart and his logic and the last thing I would want him to do is to stop listening to his charts and start listening to others. Longevity in this game can only come from your own ability to consistently follow what you know. Win some. Lose some. Bottom line is always the Bottom line.

Wish all well, and who knows who will be the next big swinging dick of the room?

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #340,308
  • Dec 6, 2010 1:22pm Dec 6, 2010 1:22pm
Quoting dbfusion
check my previous post and don't talk rubbish .

we are grown up people here .

behave .
Why am I talking rubbish? 3330 has been support for a while now and we haven't tested it since breaking down...

Wouldn't it make more sense to take trade there? Anyways, read your post and seems like you have a plan, soo good luck.

Have no Idea where the Behave comment came from, wasn't attacking you, simply pointing out that I have NO IDEA why you would short at 15 when 30 is the more obvious resistance upwards...

Great evening to ya...
@pawpaw1000 on Twitter
  • #340,309
  • Dec 6, 2010 1:23pm Dec 6, 2010 1:23pm
Quoting Tomex
The dollar held its ground against other majors on Monday, after Federal Reserve Chairman Ben Bernanke offered a vigorous defense of the central bank's latest round of bond purchases.

Bernanke opened the door to increasing the size of scope of asset purchases, telling 60 Minutes that the Fed stands ready with further support if the economy does not respond to the $600 billion pledged last month.

Stung by criticism from home and abroad, Bernanke assured that inflation could be contained if the Fed sees the potential for prices to rise rapidly.

Meanwhile,...
Tomex could you please post the source, otherwise it looks like spam.

Thanks
sisse
PS: Adding some comments will help too. Especially related to the pair... Hungary is not even part of the EZ
Pending conversations? PM for a chat...I am mainly in OTM now
  • #340,310
  • Dec 6, 2010 1:25pm Dec 6, 2010 1:25pm
Quoting pawpaw1000
Why am I talking rubbish? 3330 has been support for a while now and we haven't tested it since breaking down...

Wouldn't it make more sense to take trade there? Anyways, read your post and seems like you have a plan, soo good luck.

Have no Idea where the Behave comment came from, wasn't attacking you, simply pointing out that I have NO IDEA why you would short at 15 when 30 is the more obvious resistance upwards...

Great evening to ya...
and more.. 3333 is yesterday's low
LOL
  • #340,311
  • Dec 6, 2010 1:26pm Dec 6, 2010 1:26pm
Quoting karimfx
exactly the reason for my plan

If someone says buy what do you normally do hehe. I know what I do. Just make sure it fits your criteria to short
Know when to hold em, Know when to fold em!
  • #340,312
  • Dec 6, 2010 1:26pm Dec 6, 2010 1:26pm
Quoting Magix
Paw, you know me mango...

I don't care why people take a position as long as they see a damn good reason in their charts. So many others will follow a call into account slaughter based on the first call they see.

He posted his chart and his logic and the last thing I would want him to do is to stop listening to his charts and start listening to others. Longevity in this game can only come from your own ability to consistently follow what you know. Win some. Lose some. Bottom line is always the Bottom line.

Wish all well, and who knows who...
Hehe, yeah!

I asked for the same reasons as you, couldn't see the logic behind shorting halfway to 3330 and 3339 (PP). But he posted his chart with his gartley and #$ % retracement so looks like he has a plan.

I would encourage all to please attach a chart when posting or at least refer to a chart while posting...

Great evening all
@pawpaw1000 on Twitter
  • #340,313
  • Dec 6, 2010 1:26pm Dec 6, 2010 1:26pm
Quoting sisse
Tomex could you please post the source, otherwise it looks like spam.

Thanks
sisse
PS: Adding some comments will help too. Especially related to the pair... Hungary is not even part of the EZ
its not?!?
LOL
  • #340,314
  • Dec 6, 2010 1:28pm Dec 6, 2010 1:28pm
Quoting adexadams
this e/u is going up as far as 200pips the taget point is 1.3479.
Hahahahah

Funny lad
  • #340,315
  • Dec 6, 2010 1:28pm Dec 6, 2010 1:28pm
Quoting sisse
Tomex could you please post the source, otherwise it looks like spam.

Thanks
sisse
PS: Adding some comments will help too. Especially related to the pair... Hungary is not even part of the EZ
these are news on my mt4 platform , from my broker , .. newbie in FA so just asking if it in some way influnce the EU

the purpose of this post was that it looks interesting to me sth like a summary ,...
  • #340,316
  • Dec 6, 2010 1:28pm Dec 6, 2010 1:28pm
Just wondeirng if any bothers looking at weekly s/r level

1.3440 one hit that to pip Friday
1,3330 to 1,3270 one (close and high week August 8th) .. and why we are stuck in range so far in US session. Could be a test of this area for higher price as 1.3260 got bought pretty heavy but then volume evaporated 1.3320

daily we tested channel 1.3350 and got rejected so far...

this is dec ... volumes will be lighter than normal and we may not see the big moves we have been enjoying last few weeks.
Blogging daily now at www.volume.zone
  • #340,317
  • Dec 6, 2010 1:32pm Dec 6, 2010 1:32pm
Quoting feralnature
well i just closed my short with 40pips profit because it didnt turn out to be very strong move i expected... maybe tomorow, we will see.

opened a long position now to try to get some fast pips before i call it a day.(40pips sl so the worst case is i brake even)
nailed 19 more pips from my long and i will be leaving the market for today. good trades to yo all.
  • #340,318
  • Dec 6, 2010 1:33pm Dec 6, 2010 1:33pm
Quoting malcolmb14
Just wondeirng if any bothers looking at weekly s/r level

1.3440 one hit that to pip Friday
1,3330 to 1,3270 one (close and high week August 8th) .. and why we are stuck in range so far in US session. Could be a test of this area for higher price as 1.3260 got bought pretty heavy but then volume evaporated 1.3320

daily we tested channel 1.3350 and got rejected so far...

this is dec ... volumes will be lighter than normal and we may not see the big moves we have been enjoying last few weeks.
As my fav counter chart here Mal...

USDCAD moved up as EU/GU crushed down to their support ranges. Now, USDCAD is back to daily roll over. A moment of pause here before it decides if wants to crush lower and allow the elevator to higher floors on the EU/GU pairs or if this is enough movement on the day.

As far as the weekly shit man, you know me, I only have a 5m attention span...buwahahahahahahahah
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 92 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #340,319
  • Dec 6, 2010 1:35pm Dec 6, 2010 1:35pm
62% reached
Know when to hold em, Know when to fold em!
  • #340,320
  • Dec 6, 2010 1:36pm Dec 6, 2010 1:36pm
Quoting pawpaw1000
Why am I talking rubbish? 3330 has been support for a while now and we haven't tested it since breaking down...

Wouldn't it make more sense to take trade there? Anyways, read your post and seems like you have a plan, soo good luck.

Have no Idea where the Behave comment came from, wasn't attacking you, simply pointing out that I have NO IDEA why you would short at 15 when 30 is the more obvious resistance upwards...

Great evening to ya...
it just felt like an attack.

I just posted my position and my chart and still you tell me to plan my trades and I am gambling like if i am a noob .

that didn't sound to me like talking sense.
i didn't say rubbish about your idea or analysis , i meant you telling me to plan my trade and I am gambling .


and after you some smart a$$ guy from god knows where posting smart comment that I need to learn money management .

so execuse me for being on the defense .




we can talk and debate for hours and days on views . and I respect whomever say anything according to his chart .

but I don't like it when I post position and chart and reasons and plan and some one tell me I am gambling .

no tell me I am wrong in my analysis and I will appreciate it and we talk about it , exchange views etc.

you have your plan , and I defenatly know that 3330 was an area of support.

I just did't beleive it will go there the time I shorted it , thats why I shorted at that price that time .

in fact now if it pushed higher it might go to 3345 and might be higher . its deferent way of analysing

I checkend out of the trade at the moment with - 8 pips .
in my analysis it should get a smack on the head and fall down quickly

that didn't happen , and it kept maintaing the price . so this is not my plan , so I am out now .

and in my book I can't short @ 3330 now .

good luck for you if you shorted it there , price has reached it while i am writing this reply .
I SEE YOU !!
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