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  • #352,741
  • Dec 27, 2010 7:28pm Dec 27, 2010 7:28pm
Quoting Trendstar
He just won't quit clapping and you can tell he doesn't mean it.. Too funny I have to save that one for future use
yeah, that is one of my 'prowl the internetz looking for an excuse to use it' images.

His face says it all.
  • #352,742
  • Dec 27, 2010 7:33pm Dec 27, 2010 7:33pm
Quoting smilemiz
Euro

My entry + Analysis

28.12.2010


good share

previous post
http://www.forexfactory.com/showpost...postcount=3522

Are you going long now or short or staying on the sidelines. Just interested is why I ask. Thank you.
  • #352,743
  • Dec 27, 2010 7:40pm Dec 27, 2010 7:40pm
Quoting Forexpro30
I hope I made it clear. I do not expect this post to go unanswered and I am curious to see how many will show me who they are by their non productive posts back towards me. Let it go and move on.
for a newbie like me, a simple entry point with s/l and t/p is enough. Then, I would expect a reason why such entry point is taken. Some people like to see a chart for better understanding (including me). But, if you don't have it, it's ok. Just give me entry point and the reason that can be understood (and be measured). For me, it's ok if somebody here make a wrong analysis. You CAN'T be 100% sure in forex. IMHO.
  • #352,744
  • Dec 27, 2010 7:40pm Dec 27, 2010 7:40pm
And.... Touché !!

Time for my profit taking..


Quoting Piters
We are still in the range between 3185 - 3060, The only difference now is the last 3 [4h] candles.. We saw a breakout, and currently trading between the breakout point and 3180.. If we take 3180 then 320-325 and higher are on card..

You may also check on Falling Wedge (Reversal)

http://stockcharts.com/school/doku.p...:falling_wedge

Anyway.. No heavy sellers in London too..

[Charts]
[Chart]
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  • #352,745
  • Dec 27, 2010 7:43pm Dec 27, 2010 7:43pm
Quoting Piters
And.... Touché !!

Time for my profit taking..




[Chart]
you greedy bastard... lol
  • #352,746
  • Dec 27, 2010 7:46pm Dec 27, 2010 7:46pm
Quoting pkimnyc
you greedy bastard... lol
To early IMHO base been forming 1.3100 means 300 to 500 pip
Blogging daily now at www.volume.zone
  • #352,747
  • Dec 27, 2010 7:49pm Dec 27, 2010 7:49pm
Quoting Piters
And.... Touché !!

Time for my profit taking..




[Chart]
The charts are helpful. I will watch over the next hour until about 10:15 PM to see what USD/JPY does as to more buying. I think Hong Kong comes on board at 10:00 PM and then near the London open there might be some who try to push it down. Gold is moving up still and I will watch Dow Futures from 2:00 AM on.

I am using a 15 minute chart to monitor it.

I will also watch US Dollar Index and CNBC Asia.

Bye for now.
  • #352,748
  • Dec 27, 2010 7:50pm Dec 27, 2010 7:50pm
Quoting malcolmb14
To early IMHO base been forming 1.3100 means 300 to 500 pip
thought you don't trade long term.
  • #352,749
  • Dec 27, 2010 7:51pm Dec 27, 2010 7:51pm
Quoting malcolmb14
To early IMHO base been forming 1.3100 means 300 to 500 pip
lol.. I know.. waiting for that few days.. im taking some of the table.. [and will add on next Pull back]
  • #352,750
  • Dec 27, 2010 7:54pm Dec 27, 2010 7:54pm
Quoting malcolmb14
To early IMHO base been forming 1.3100 means 300 to 500 pip
even if you are a pure PA or Tech Analysis person, you can't go without factoring the way the markets are right now.

We can easily see 1.3100 by end of London ... or we can see 1.3350, It all depends on what a few big players feel like doing and where a few big players TP & SL are.

If players start to take profit now, we can go straight back down. IMO, there has been only a very limited number of players who keep this above 1.3050, and as soon as some other players come back into the picture {be it this week, next week, or the week after}, market sentiment can sink back in.

Using common sense {or trying to}, if there was a Euro plan for next year, it would have been leaked a little bit. We have heard nothing & Germany obviously isn't going to budge for the 'Euro-Bond', so there really isn't anything looking good.

Yes, euro might be oversold, but that doesn't mean anything in stone, Euro just looks heavy at this point, same with the metals.
  • #352,751
  • Dec 27, 2010 7:58pm Dec 27, 2010 7:58pm
Quoting Forexpro30
I really really do not care what you think of me or my posts. So far I have demonstrated the proper way to trade forex.
Wait...now exactly when was it you took a trade? And given your short bias, if you are in a trade, do you need a snorkle or full on scuba to check and maintain this trade?

Quoting Forexpro30
If my contribution is not needed or appreciated by those who really want to learn from a complete forex trader and one with over 5 years of experience I will not hang around. If and when I leave it will be not because you and your foolish friends have an ego trip to complete and I leave because of it.
Given the fact that you have demostrated zero comprehension of price action or market movement on not only EU but any other of the pairs you post, I simply cannot figure out why you believe people would line up for your fantastic way of trading...

Quoting Forexpro30

This is not your playground...
This place is to all traders what we make of it. A place of sharing, a place of discussion, a place to meet like minds and a place to share a laugh...I am sure you are already aware of all of this, as this is your second time around here right? You were here a couple years back under a different nick...now, instead of playing daft and building a canticle for yourself, why not go out on a limb and explain why that other nick was banned or abandoned....

Quoting Forexpro30
The whole purpose of trading Forex is to make money.
Given that you have neither given example of (with exception of your hindsight call last night) a trade, nor for anybodies knowledge even taken a trade, and if you had cannot prove that you have taken profit on this mythical unicorn trade....maybe instead of all the talking, you should start doing a little listening, from what I see, even the newbs here are running circles around you....

You have either been underwater with your trades, or had your head up your ass, for so long that the lack of oxygen to your brain has muttled your thinking.

So, as long as you see fit to post garbage and bullshit quotes, is as long as I will take to provide a prompt and brief translation of your posts for those new to market...quit the shit, or Que the music Maestro, this dance has just begun.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #352,752
  • Dec 27, 2010 8:00pm Dec 27, 2010 8:00pm
Quoting Forexpro30
Are you going long now or short or staying on the sidelines. Just interested is why I ask. Thank you.
Euro current intraday long
Swissie Short (sell stop, breakout style)
cable long
Eur/Gbp Long

eur/Jpy Long


ps here.. too fast
  • #352,753
  • Dec 27, 2010 8:01pm Dec 27, 2010 8:01pm
Just a side note to everyone, if you don't have it noted already, Japan has/is setting aside a few trillion supposedly for 'forex' next year. I am expecting one or two moves from them in the beginning of the year.
  • #352,754
  • Dec 27, 2010 8:02pm Dec 27, 2010 8:02pm
Quoting malcolmb14
lol.... I see dead children everywhere and muppets
You know how it goes here Mal...another day...another day...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #352,755
  • Dec 27, 2010 8:04pm Dec 27, 2010 8:04pm
3225 appears to be floor for now.
Trading is a test match not a Twenty20.
  • #352,756
  • Dec 27, 2010 8:07pm Dec 27, 2010 8:07pm
Quoting decentchap
3225 appears to be floor for now.
Wouldn't be so sure of that just yet...

I would say what was resistance is now support.....

But this too depends on the size and tf of your trades.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #352,757
  • Dec 27, 2010 8:09pm Dec 27, 2010 8:09pm
Quoting malcolmb14
To early IMHO base been forming 1.3100 means 300 to 500 pip
Im always taking profit at daily 10sma[high] or GANN hilo and daily Trendline.. [lesson learned long time ago]
Ultimately 1.35 - 1.39 are on card.. too.. but lets play this puppy step by step..

[Chart]
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  • #352,758
  • Dec 27, 2010 8:10pm Dec 27, 2010 8:10pm
i am done for tonight! good luck all.

lets hope tomorrow wouldnt be as boring as today!
  • #352,759
  • Dec 27, 2010 8:11pm Dec 27, 2010 8:11pm
Quoting Piters
Im always taking profit at daily 10sma[high] or GANN hilo and daily Trendline.. [lesson learned long time ago]
Ultimately 1.35 - 1.39 are on card.. too.. but lets play this puppy step by step..

[Chart]
nice trade bro. congrats, but you still are a greedy bastard... lol
  • #352,760
  • Dec 27, 2010 8:12pm Dec 27, 2010 8:12pm
Quoting pkimnyc
nice trade bro. congrats, but you still are a greedy bastard... lol
ohh thanks mate.. pure luck..
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