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  • #379,321
  • Feb 3, 2011 3:14pm Feb 3, 2011 3:14pm
Quoting PhAnTi'
close below and my bias turns bearish.

Bout time
  • #379,322
  • Feb 3, 2011 3:14pm Feb 3, 2011 3:14pm
Have a goodnight y'all.
  • #379,323
  • Feb 3, 2011 3:15pm Feb 3, 2011 3:15pm
Quoting attila
not in the golf but there are some... Malaysia, Indonesia
Point taken, but both nations have issues too.

Malaysia - http://www.themalaysianinsider.com/m...racy-says-eiu/

But if we take their democracy at face value, we can deduce that they are both in the relatively early stages of democratic rule. If they can make it work, that's a good thing for the rest of the muslim world imo.
  • #379,324
  • Feb 3, 2011 3:17pm Feb 3, 2011 3:17pm
difficult.
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  • #379,325
  • Feb 3, 2011 3:22pm Feb 3, 2011 3:22pm
lets see
Attached Image (click to enlarge)
Click to Enlarge Name: 4h eur.gif Size: 16 KB
  • #379,326
  • Feb 3, 2011 3:23pm Feb 3, 2011 3:23pm
Quoting longshot_nl
difficult.
The real issue is NFP. If not we could sell retraces blindly. But not today.
  • #379,327
  • Feb 3, 2011 3:25pm Feb 3, 2011 3:25pm
take this with a grain of salt because there are a lot of points where this can turn right around (especially after this drop), but my h1 chart shows 3690.
  • #379,328
  • Feb 3, 2011 3:26pm Feb 3, 2011 3:26pm
Quoting gatorinla
posted the 3590 area. if we close as said it means we have taken out major support.. cloggie has posted a billion times how to look for the boxes. find the next cluster.. the bigger the tf the stronger. if you got a fib ect.. look for that area. i posted 3 charts yesterday... that's my targets. 2 are complete i think. be careful because its nfp tomorrow.. they like to pump and dump before. dont hold a loser
if they can't, they could use this as a starting point.
http://www.forexfactory.com/showpost...stcount=322256
http://www.forexfactory.com/showpost...stcount=323969

case should be closed on that, 'til tomorrow.
  • #379,329
  • Feb 3, 2011 3:26pm Feb 3, 2011 3:26pm
Well gents, it's been my worst trading day for two years - in terms of pip that is. Not only have I missed the action, I spent the day betting against it. I'm going to bed.
  • #379,330
  • Feb 3, 2011 3:30pm Feb 3, 2011 3:30pm
Quoting johnnyarnold
The real issue is NFP. If not we could sell retraces blindly. But not today.
assuming one materialises...
  • #379,331
  • Feb 3, 2011 3:32pm Feb 3, 2011 3:32pm
Quoting FibbinArchie
assuming one materialises...
One always does. Just how it works.
  • #379,332
  • Feb 3, 2011 3:32pm Feb 3, 2011 3:32pm
Quoting Traderji
short 1.3637

out 1.3630 +7 pips. Don't want to carry the trade during rollover in 30min and pay that interest.
We're all stories in the end. Just try to make it a good one.
  • #379,333
  • Feb 3, 2011 3:34pm Feb 3, 2011 3:34pm
Quoting cloggie
Bout time
bout = about? = question of time?

dont get it : p
Hero calls followed by margin calls...
  • #379,334
  • Feb 3, 2011 3:43pm Feb 3, 2011 3:43pm
Quoting SirFrancis
Well gents, it's been my worst trading day for two years - in terms of pip that is. Not only have I missed the action, I spent the day betting against it. I'm going to bed.
Why did u go against the trend and the momentum especially??

Myself didnt made a bunch of pips but still were short most of the time only the frankie was one long but closed instantly
  • #379,335
  • Feb 3, 2011 3:44pm Feb 3, 2011 3:44pm
Quoting SirFrancis
Well gents, it's been my worst trading day for two years - in terms of pip that is. Not only have I missed the action, I spent the day betting against it. I'm going to bed.
The problem is not that you traded against this noise, the problem is you overleveraged and the daily would have shown you that a little correction is due..see chart attached. There is no way, that we have a bearish trend in 2011...NO WAY! What you see now is pure noise, its that simple.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 29 KB
  • #379,336
  • Feb 3, 2011 3:46pm Feb 3, 2011 3:46pm
Damn... i hate my countertrend psychology...
Why do I always want to go against the trend??
What the heck is wrong with me?
I'm always in green trading in the asian session.
How can you stop yourself from going against the trends????
  • #379,337
  • Feb 3, 2011 3:49pm Feb 3, 2011 3:49pm
Quoting aarontdang
Damn... i hate my countertrend psychology...
Why do I always want to go against the trend??
What the heck is wrong with me?
I'm always in green trading in the asian session.
How can you stop yourself from going against the trends????
If u wait for a setup solves this problem...
I have only one signal for long at 16.30GMT

Thats the only one...
  • #379,338
  • Feb 3, 2011 3:50pm Feb 3, 2011 3:50pm
Quoting aarontdang
Damn... i hate my countertrend psychology...
Why do I always want to go against the trend??
What the heck is wrong with me?
I'm always in green trading in the asian session.
How can you stop yourself from going against the trends????
for me, a 3-month break helped a lot.

i had to read a book that mentioned the phenomenon of bias to clearly see, what was wrong in my actions in the past.
when I entered the market in january 2010, guess what... the eu was in a reatrcement that lead to a huuuge downtrend, so based on that it's still easier for me to sell.

pure psychology... take a break, look at timeframes, re-think your approach.
  • #379,339
  • Feb 3, 2011 3:52pm Feb 3, 2011 3:52pm
Quoting tradertom
could you please post your chart?
thanks
Sorry for answering so late :-(

Here is the actual count down from the last top.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd bearish count.jpg Size: 180 KB
  • #379,340
  • Feb 3, 2011 3:52pm Feb 3, 2011 3:52pm
Quoting ak4x
Attachment
yeah remove mine. i like it better being the black sheep here.
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