EURUSD

good idea,
withdrawn now,

Earthquake in New Zealand, this lets the Kiwi drop especially since the earthquake kind of ruined the reconstruction from the previous quake. Kiwi is a leading indicator for Aud/usd, Audusd gets dropped. Oil prices spike.
Libya is bombing its own people who are protesting, this causes unrest, dollar gains in strength, euro subsequently weakens, pound follows in euros footsteps. USD/CHF rises in the turmoil since USD soil is a safer investment during these moments. Euro relationship also kind of got messed up by a early sell targeting 114 for some weird reasons, news just escalated this since people were forced to sell.

Open DJnewswire or read reuters...

Technically speaking the reason for euros drop is a huge supply zone, search my posts in reds thread or in the intraday supply demand thread.

Have fun, just made enough pips for an entire day. Also stay clear of gbpchf and yen crosses right now.. they are volatile as fuck.

Hi folks,

Take a look at this, for it's probably the reason for this reaction.

http://www.dailyfx.com/forex/market_...cy_Action.html

m15

target achieved.

volume based fibonacci is really a wonderful idea

i dont think the price knows there are tredlines.

price is moving down, thats all i see, price is stalling might bounce then ill short the top of that. that simple.

usdx

http://www.forexfactory.com/showthre...37#post4417537

Turn Time!

I have to ask.. I continually see you post these charts with lines.. What are the lines?

This morning there was a discussion on this thread about roulette, long runs, and Martingales. It kept my mind off the fact that a real threat to 10% of the EZ's oil should be having some effect, holiday or no holiday.

But what I got out of that discussion is finally understanding why so many insist on buying into down moves, or vice versa: maturity of chances. There are gamblers who wait for 5 or 6 or more of one outcome in a row, and then bet on the opposite outcome, because they believe, in their heart, that for every head there must be a tail, even while common sense and mathematics says otherwise.

Not that there isn't sometimes reason to believe a market is pausing, or is due for a structural bounce. But when there's no clear sign of that, and real steam behind a direction, it just seems there might be safer ways to scalp a few pips than fading into a risk-adjustment move.

Just sayin'. Offline until around 00: E.

#3: @3609 hit. and hit fibo 50 right now. what we will do now?

please read further you will understand: only trendline

http://www.forexfactory.com/showthre...37#post4417537

man its tough being right

imaginary lines drawn on a chart that the actual price knows nothing about.

its helpful to confirm:

1- price is indeed moving down once it breaks them
2- according to past data historically the price usually has tendency to revert upwards around this area. if the market is still bullish or ranging.


dont see the market trying to decide. it did that yesterday

Nothing has changed, been selling it all year.

I took 100 pips on that run ! Nice post earlier by the way ! Thks

Bitch about you being right...

Yer still an idiot...

I was right too...only, yer still an idiot...

all target hit!

Ya know what this move needs...

Some Mallerina coming in saying...

VSA told me it was going down like this....

Cuz, really that would complete my day!

Mallory...Mallerinas...where are you?

it s really about finding where to sell and where to buy and thats only a set up which might materliase into entry and a win