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  • #368,181
  • Jan 19, 2011 1:36pm Jan 19, 2011 1:36pm
Hi CLoggie,
Thanks for your answer.

Me neither. I was not trading today and just watching now among other things. I am not even considering scalping...
This level also correspond to my R1


Quoting cloggie
3462-3467 is the biggy, not trading this till it has shown its hand.
  • #368,182
  • Jan 19, 2011 1:38pm Jan 19, 2011 1:38pm
But is it more accurate than others I have used. Some are not so hot for accuracy.


Quoting kill56
no i like it on 5 and 15 also its like an alarm
  • #368,183
  • Jan 19, 2011 1:41pm Jan 19, 2011 1:41pm
Quoting bbakker
...
Break above 1.3341 and the bulls take control on the h1...
Still bullish on this pair eating away the shorts. I wonder if people are still holding some of their shorts 500 pips under... lol. We are up 600+ pips from the recent lows!
  • #368,184
  • Jan 19, 2011 1:47pm Jan 19, 2011 1:47pm
Quoting bbakker
Still bullish on this pair eating away the shorts. I wonder if people are still holding some of their shorts 500 pips under... lol. We are up 600+ pips from the recent lows!
http://www.myfxbook.com/community/outlook

The average short position is listed as almost 400 pips away. Wow.
  • #368,185
  • Jan 19, 2011 1:48pm Jan 19, 2011 1:48pm
Quoting bbakker
Still bullish on this pair eating away the shorts. I wonder if people are still holding some of their shorts 500 pips under... lol. We are up 600+ pips from the recent lows!
I'm still holding my shorts from 150 pips under with SL at 1.36.
  • #368,186
  • Jan 19, 2011 1:48pm Jan 19, 2011 1:48pm
Quoting bbakker
Still bullish on this pair eating away the shorts. I wonder if people are still holding some of their shorts 500 pips under... lol. We are up 600+ pips from the recent lows!
If you hedge them properly you can hold them till next ice age
  • #368,187
  • Jan 19, 2011 1:50pm Jan 19, 2011 1:50pm
Quoting pinkiaiii
If you hedge them properly you can hold them till next ice age
Might as well stay out of the market then
  • #368,188
  • Jan 19, 2011 1:51pm Jan 19, 2011 1:51pm
Quoting pinkiaiii
If you hedge them properly you can hold them till next ice age

That is a noobie way of trading, just admit defeat ride the 500 pips up and if it does go back ride the 500 pips down, you will be loads better of and keep your capital available to trade some more instead of tying yourself up into knots that will never make you any money. Hedging was invented by retail brokers to scam you out of some more money. Same instrument dual direction positioning is not hedging.
  • #368,189
  • Jan 19, 2011 1:52pm Jan 19, 2011 1:52pm
Quoting alexxi
watching the news going around , it is crazy.

personally i dont get any feeling up or down. will just wait it out and watch with envy all of you make money
Let me be the first to say that I'm negative for the week; back to breakeven for the month. First weekly loss in quite a while.
I'm seriously considering taking the rest of the week off; my mental state isn't the best to trade at the moment. I'd rather not trade with clouded judgment; the money that I've lost has gone to FOREX heaven and I can't make it up by 'doubling down'.
  • #368,190
  • Jan 19, 2011 1:52pm Jan 19, 2011 1:52pm
Quoting cloggie
3462-3467 is the biggy, not trading this till it has shown its hand.

Got my wish, now let's see what she'll do here.
  • #368,191
  • Jan 19, 2011 1:53pm Jan 19, 2011 1:53pm
bump at 57 atm
those who can, do. those who cant, talk about those who can
  • #368,192
  • Jan 19, 2011 1:54pm Jan 19, 2011 1:54pm
The 30M 1H and 3H has been breached. Will have to wait on Asia to see how they treat this new development
  • #368,193
  • Jan 19, 2011 1:55pm Jan 19, 2011 1:55pm
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: eu room.jpg Size: 69 KB



..... PA as suggested by price structure



Attached Image




and other
  • #368,194
  • Jan 19, 2011 1:55pm Jan 19, 2011 1:55pm
Quoting bbakker
Still bullish on this pair eating away the shorts. I wonder if people are still holding some of their shorts 500 pips under... lol. We are up 600+ pips from the recent lows!
That's why I'm currently leaning toward bullish EUR but I'm cautious due to Chinese President Hu visiting Obama. We could get a USD bullish announcement out of the meeting.
  • #368,195
  • Jan 19, 2011 1:58pm Jan 19, 2011 1:58pm
Bear momentum gathering pace! Watch out bulls! NY is riding this baby down!
  • #368,196
  • Jan 19, 2011 1:58pm Jan 19, 2011 1:58pm
3427, 3407 are in sight here.
  • #368,197
  • Jan 19, 2011 2:00pm Jan 19, 2011 2:00pm
Quoting bbakker
Bear momentum gathering pace! Watch out bulls! NY is riding this baby down!
Bad day in US equities. NASDAQ currently down 44+.
I'll step back for the rest of the day and see if Tokyo's serving up bad sushi or if they're drinking the good sake.
  • #368,198
  • Jan 19, 2011 2:00pm Jan 19, 2011 2:00pm
Quoting iflyjetzzz
Let me be the first to say that I'm negative for the week; back to breakeven for the month. First weekly loss in quite a while.
I'm seriously considering taking the rest of the week off; my mental state isn't the best to trade at the moment. I'd rather not trade with clouded judgment; the money that I've lost has gone to FOREX heaven and I can't make it up by 'doubling down'.
there is always another day. i think tomorrow things should get clearer. but as you well know by the time it gets clear to us the experts have already cashed out
  • #368,199
  • Jan 19, 2011 2:01pm Jan 19, 2011 2:01pm
Quoting bbakker
Bear momentum gathering pace! Watch out bulls! NY is riding this baby down!

hey BB es is doomed tonight


what holding the dam cable
  • #368,200
  • Jan 19, 2011 2:03pm Jan 19, 2011 2:03pm
Quoting cloggie
Got my wish, now let's see what she'll do here.
Sure would have been nice if you had wished this sooner

Let's go down now!
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