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  • #367,041
  • Jan 18, 2011 8:31am Jan 18, 2011 8:31am
Quoting PhAnTi'
ok guys im out.

keep shorts for 3185 target this week.
im not a scalper


see ya bros !
just make sure you put a sl somewhere... even if you put it at 1.99
  • #367,042
  • Jan 18, 2011 8:32am Jan 18, 2011 8:32am
Im still waiting. This was quite bought. Will wait and if not here will sell under 3370 which should attract new sellers..
  • #367,043
  • Jan 18, 2011 8:33am Jan 18, 2011 8:33am
Quoting cloggie
And we got tomorrow's big numbers from China, they do like to manipulate the markets.
that means it should start moving before than on anticipation, right?
  • #367,044
  • Jan 18, 2011 8:36am Jan 18, 2011 8:36am
guys could just someone seriously sum up what chinas intension is on the markets?

make the euro or the usd stronger? whats their occupation regarding the big picture?

missed the whole thing somehow : p
Hero calls followed by margin calls...
  • #367,045
  • Jan 18, 2011 8:36am Jan 18, 2011 8:36am
That was a nice spike.
  • #367,046
  • Jan 18, 2011 8:37am Jan 18, 2011 8:37am
Quoting cloggie
Looking at the same thing here as a daily high.

Cheeky short at 3409

That went no where
  • #367,047
  • Jan 18, 2011 8:37am Jan 18, 2011 8:37am
Quoting cloggie
Either that or an algo flooding the market with orders to trigger the stops will get the ball rolling too. 3450-3480 will be the big hurdle.

Here come the big stops.
  • #367,048
  • Jan 18, 2011 8:38am Jan 18, 2011 8:38am
Quoting PhAnTi'
guys could just someone seriously sum up what chinas intension is on the markets?

make the euro or the usd stronger? whats their occupation regarding the big picture?

missed the whole thing somehow : p

Definitely stronger Euro, they hate having dollar as the only viable reserve currency.
  • #367,049
  • Jan 18, 2011 8:39am Jan 18, 2011 8:39am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting Vilgax
missed my stop loss (7 pips below 38.2 fib level) by a PIGGS hair / still long / still waiting for 3457...I really need to stop entering trades prematurely.....

and I'm out .... nice day today. Wonder if this will brake & reverse or just continue up. Murrey Math on daily 4/8 level is 1.3672 .... nothing surprises me in forex ... gl all....
The forex market has its own life and takes its own time.
  • #367,050
  • Jan 18, 2011 8:40am Jan 18, 2011 8:40am
that run shurely busted something big
  • #367,051
  • Jan 18, 2011 8:41am Jan 18, 2011 8:41am
s 3464
those who can, do. those who cant, talk about those who can
  • #367,052
  • Jan 18, 2011 8:44am Jan 18, 2011 8:44am
  •  damo
  • | Joined Aug 2010 | Status: Chart Pattern & Trend Trader | 217 Posts
I don't know why but moves in the Asian sessions always kick my ass. They are so unpredictable.
Trade what you see, not what you think.
  • #367,053
  • Jan 18, 2011 8:44am Jan 18, 2011 8:44am
Entry order short hit @ 1.3450.
Stop @ 1.3550 or a daily close above 1.3450
PT @ 1.31
  • #367,054
  • Jan 18, 2011 8:45am Jan 18, 2011 8:45am
out long or hold long >>>>1.3590
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  • #367,055
  • Jan 18, 2011 8:46am Jan 18, 2011 8:46am
Quoting gatorinla
s 3464
Tip of the spike, nice! Aiming for?
I am short 1.3450, aiming for my previous short entry at 1.3405, after that I might keep it trailing...
  • #367,056
  • Jan 18, 2011 8:46am Jan 18, 2011 8:46am
what was the big news behind that spike?
  • #367,057
  • Jan 18, 2011 8:47am Jan 18, 2011 8:47am
Quoting prezd
that run shurely busted something big

There will be more stops above here that will be tested, not going to short this rally, unless we see some proper defense here.
  • #367,058
  • Jan 18, 2011 8:48am Jan 18, 2011 8:48am
Quoting cloggie
Here come the big stops.
usdx about 76.53. its my eu entry. we will c. it was hit about 5m ago when i entered.
those who can, do. those who cant, talk about those who can
  • #367,059
  • Jan 18, 2011 8:48am Jan 18, 2011 8:48am
  •  damo
  • | Joined Aug 2010 | Status: Chart Pattern & Trend Trader | 217 Posts
Maybe, just maybe a 60 min double top......

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Trade what you see, not what you think.
  • #367,060
  • Jan 18, 2011 8:49am Jan 18, 2011 8:49am
Quoting BrunargarFx
what was the big news behind that spike?
according to forex live, portugal saying no need for auctions next week as enough liquidity
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