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  • #340,941
  • Dec 7, 2010 8:21am Dec 7, 2010 8:21am
Quoting kuroro001
Yeh its a nice battle
1,3450 drinks are on you
1,3150 drinks are on me

Hope your are making profit today, long or short

Good deal 3400 kissed... This is make or break ..... things getting jumpy, I would have to say it is a bit bullish we could run down to 3300 then back up to wards 34oo+

Anyway bro, what is your trade style?
Know when to hold em, Know when to fold em!
  • #340,942
  • Dec 7, 2010 8:21am Dec 7, 2010 8:21am
Quoting Alihuzaifa
Forex broker: What is a million years like to you?
God: Like one second.
Forex broker: What is a million dollars like to you?
God: Like one penny.
Forex broker: Can I have a penny?
God: Just a second…


I love this thread


http://www.forexfactory.com/showthre...52#post4226652
Nice one
  • #340,943
  • Dec 7, 2010 8:26am Dec 7, 2010 8:26am
406 could end the party for bulls...
I see strong down movement with sloppy move to the upside...
Makes me think that bulls have hard time to go up... Or i could be wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: 12-7-2010 3-22-23 PM.png Size: 56 KB
  • #340,944
  • Dec 7, 2010 8:26am Dec 7, 2010 8:26am
Quoting goods
Good deal 3400 kissed... This is make or break ..... things getting jumpy, I would have to say it is a bit bullish we could run down to 3300 then back up to wards 34oo+

Anyway bro, what is your trade style?
I hope we won't go below 1,3320, i am more seeing 1,3410-20 for today then i will be out and reload tomorrow.

My style is simple, i look at H1 chart and that's all, no indicators, no fancy stuff. Only the price action. Most of the time i am looking at 100 pips move, but lately the euro is moving slowly so i am happy with 50.
Its december so lets not be too greedy
COT: The precious data ignored
  • #340,945
  • Dec 7, 2010 8:28am Dec 7, 2010 8:28am
Quoting kuroro001
I hope we won't go below 1,3320, i am more seeing 1,3410-20 for today then i will be out and reload tomorrow.

My style is simple, i look at H1 chart and that's all, no indicators, no fancy stuff. Only the price action. Most of the time i am looking at 100 pips move, but lately the euro is moving slowly so i am happy with 50.
Its december so lets not be too greedy
but the H1 was tricky today, wasn't it? so many false signals...
  • #340,946
  • Dec 7, 2010 8:28am Dec 7, 2010 8:28am
Quoting hindustani
must be hot wife

spike is getting longer, slowly

http://img213.imageshack.us/img213/9118/getf.gif
getting old eh

this is the third viagra dose already

http://img89.imageshack.us/img89/8549/get0.gif
  • #340,947
  • Dec 7, 2010 8:28am Dec 7, 2010 8:28am
15min shows exhaustion from my view. Maybe an overshoot and down...
  • #340,948
  • Dec 7, 2010 8:30am Dec 7, 2010 8:30am
Quoting kuroro001
I hope we won't go below 1,3320, i am more seeing 1,3410-20 for today then i will be out and reload tomorrow.

My style is simple, i look at H1 chart and that's all, no indicators, no fancy stuff. Only the price action. Most of the time i am looking at 100 pips move, but lately the euro is moving slowly so i am happy with 50.
Its December so lets not be too greedy

I agree with the 3410 - 20 tops, I do see it goign back down, allot of hesitation (a lot of upper wicks) of further buying right here esp with NY open right now, I dont see much upside right here, perhaps profit taking day but we will see. I could be wrong. Risk is still kind of crazy right now, I am seeing a ranging market between 3400 and 3300 for the rest of the week maybe as market is undecided right now.


I trade pretty simple like you. I was up nicely in pips yesterday had 2 trades on I should have recognized the way the market was trading and adjusted with a humble take profit however I let greed step in a little bit and gave it back. Oh well cant have 100%, 100% of the time.

actually looking a bit closer to the chart 3250 looks like bottom target (for bottom of range)
Know when to hold em, Know when to fold em!
  • #340,949
  • Dec 7, 2010 8:31am Dec 7, 2010 8:31am
Warren Buffet once said:

"Day Traders are SUCKERS". Now it does make sense atm. LOL
  • #340,950
  • Dec 7, 2010 8:31am Dec 7, 2010 8:31am
Quoting kuroro001
I hope we won't go below 1,3320, i am more seeing 1,3410-20 for today then i will be out and reload tomorrow.

My style is simple, i look at H1 chart and that's all, no indicators, no fancy stuff. Only the price action. Most of the time i am looking at 100 pips move, but lately the euro is moving slowly so i am happy with 50.
Its december so lets not be too greedy
m5 has a bearish divergence bro. just a heads up
Thank You
  • #340,951
  • Dec 7, 2010 8:32am Dec 7, 2010 8:32am
Quoting Mr Hatch
but the H1 was tricky today, wasn't it? so many false signals...
I'm used to it, no tricky signal here mate.
The only way you could have lose money is by shorting on the pin bar during London. But if you look at the PA before its was clearly going up, the 20 move down prior to that was slow and immediately bought by Frankie, and it still made higher high higher low and higher close, all good for a continuation.
COT: The precious data ignored
  • #340,952
  • Dec 7, 2010 8:33am Dec 7, 2010 8:33am
Quoting orangeRANGE
Warren Buffet once said:

"Day Traders are SUCKERS". Now it does make sense atm. LOL
we need insider information , and corrupted government officials and then we will be smart in his view .

I wouldn't mind though
I SEE YOU !!
  • #340,953
  • Dec 7, 2010 8:34am Dec 7, 2010 8:34am
Quoting wormboy
m5 has a bearish divergence bro. just a heads up
Thanks mate, i really don't look at divergence.
Lets hope it will go above 1,3400 before the divergence plays out.
Anyway its always a good idea to take some profit now
Thanks for the heads up.
Hope you have a profitable day !
COT: The precious data ignored
  • #340,954
  • Dec 7, 2010 8:35am Dec 7, 2010 8:35am
Inserted Video
  • #340,955
  • Dec 7, 2010 8:36am Dec 7, 2010 8:36am
Quoting Mr Hatch
but the H1 was tricky today, wasn't it? so many false signals...
The h1 looks tricky a lot but if you drop to the m5 you can see the moves more clearly which will help with the entries.
  • #340,956
  • Dec 7, 2010 8:37am Dec 7, 2010 8:37am
Quoting kuroro001
I'm used to it, no tricky signal here mate.
The only way you could have lose money is by shorting on the pin bar during London. But if you look at the PA before its was clearly going up, the 20 move down prior to that was slow and immediately bought by Frankie, and it still made higher high higher low and higher close, all good for a continuation.

I agree if chart seems tricky to someone they should wait for confirmation.
Know when to hold em, Know when to fold em!
  • #340,957
  • Dec 7, 2010 8:37am Dec 7, 2010 8:37am
Seeing alot of volume with alot of upper wicks.
Know when to hold em, Know when to fold em!
  • #340,958
  • Dec 7, 2010 8:39am Dec 7, 2010 8:39am
Quoting kuroro001
Thanks mate, i really don't look at divergence.
Lets hope it will go above 1,3400 before the divergence plays out.
Anyway its always a good idea to take some profit now
Thanks for the heads up.
Hope you have a profitable day !
orite

I haven't made a dime yet today tbh, Still flat since yesterday. Divergence shaping up nicely but still no trigger to sell yet so I'll continue to waste bandwidth for now.
Have a great day!
Thank You
  • #340,959
  • Dec 7, 2010 8:41am Dec 7, 2010 8:41am
Quoting hindustani
http://www.youtube.com/watch?v=7_IKcMl_a9A

Inserted Video


bulls or bears hehe
Know when to hold em, Know when to fold em!
  • #340,960
  • Dec 7, 2010 8:41am Dec 7, 2010 8:41am
Everything on my chart says short. 3358, and 3320 later.

However, the pa doesn't show too much appetite for going down atm.
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