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  • #416,961
  • Apr 1, 2011 11:01am Apr 1, 2011 11:01am
h4 chart..suspicious candle
  • #416,962
  • Apr 1, 2011 11:02am Apr 1, 2011 11:02am
Quoting 168ipoh
Dun think so... a lot of stops is going to get triggered soon. Might go up another 100pips easily
I am basically in agreement with you. Just warning of a potential bear trap. Brokers LOVE to wipe people out. NFP and Fridays are perfect times for them to do that.
  • #416,963
  • Apr 1, 2011 11:03am Apr 1, 2011 11:03am
Quoting Patience
To the newer posters, he doesn't mean today! I've got it at 115% of ADR already and you would have to be pretty gutsy to be jumping in a long position now with London closed. I'm not saying it's not going to tick higher today just don't expect 300 pips higher.
yeah it's over, but past week or so been pretty narrow range, which brought normal average down, last week the average was about 50 pips higher...

should be sellers at 423x, yesterday's high and dr1, I'll be one of them if and when, but with tight stop...
  • #416,964
  • Apr 1, 2011 11:04am Apr 1, 2011 11:04am
Based on weekly chart, agree 1.47 ~ 1.5 is the key area.


Quoting Piters
np mate,

yes,, actually.. im looking that too.. If happens, we are opening the north gate for higher levels. Targets can go easy to 1.5

ECB is the key..
  • #416,965
  • Apr 1, 2011 11:04am Apr 1, 2011 11:04am
Quoting kill56


v true bro its friday and crazy i will not keep any position open in the week end and a bout 14500 who knows when for sure not tonight
I just thought some newer people might think you meant today - lol.
Nothing worth having is easy.
  • #416,966
  • Apr 1, 2011 11:04am Apr 1, 2011 11:04am
Quoting Tenshi28
That H4 bar is spectacular...
well not bad ....lol it covered 85% of the weekly range in 1 hour.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #416,967
  • Apr 1, 2011 11:05am Apr 1, 2011 11:05am
Quoting Patience
To the newer posters, he doesn't mean today! I've got it at 115% of ADR already and you would have to be pretty gutsy to be jumping in a long position now with London closed. I'm not saying it's not going to tick higher today just don't expect 300 pips higher.
i never think that is the best idea to jump long or short after 150 pips move , unless you are trading weekly
to fulfill this crazy day price need to go down to 1,4060 LOL
  • #416,968
  • Apr 1, 2011 11:08am Apr 1, 2011 11:08am
Bear or Bull trap!

For warriors I say short now, for short term trend traders I say buy now, so this level are serving for all purposes.

But I wouldn't buy Euro for now, even with next week almost certain rate increase Until I see Euro above 1.4770 I am a Long Term Bear.
  • #416,969
  • Apr 1, 2011 11:10am Apr 1, 2011 11:10am
slow start but h1 now looking like your typical nfps whipsaw...
  • #416,970
  • Apr 1, 2011 11:11am Apr 1, 2011 11:11am
Time to add more longs b4 the final push for today.
  • #416,971
  • Apr 1, 2011 11:12am Apr 1, 2011 11:12am
all caused by Dudley talking out of his ass.

Quoting Tenshi28
That H4 bar is spectacular...
  • #416,972
  • Apr 1, 2011 11:16am Apr 1, 2011 11:16am
i was fucked fucking day may money managment and sl work on h4 here. all
technical fundamental elliot and ...... r shit when big boys want to shake market... big fishes can eat smalls when they gathered on corner by news

really i can't follow the rules but i have one personal...don't deposit forex more than 1/4 monthly income
  • #416,973
  • Apr 1, 2011 11:16am Apr 1, 2011 11:16am
Quoting attila
all caused by Dudley talking out of his ass.
You didn't really think we were going to crash straight down without a spectacular number of bagholders, did you?
  • #416,974
  • Apr 1, 2011 11:18am Apr 1, 2011 11:18am
positive but ended my wining streak and with a big loss (some loss denial on this side).

i've been told the markets will be working next week too LOL

have a great weekend

WBR
dreams do come true.
  • #416,975
  • Apr 1, 2011 11:21am Apr 1, 2011 11:21am
Quoting PriceVolume
You didn't really think we were going to crash straight down without a spectacular number of bagholders, did you?
oh no. was talking intraday. the real drop is yet to come. point is THEY want a weak dollar and his comments stopped the fall in it's tracks, but the Market always has a way to punish politicians... my favorite past time...
  • #416,976
  • Apr 1, 2011 11:24am Apr 1, 2011 11:24am
Quoting PriceVolume
Uh-huh. And when I posted that we were in the middle of no and where, before the last push down (another 50 pip drop) - with people trying to go long. Some did long at support, and made the pips. Smart bears locked at support. This thread is not a signal service - get over it. As for you not going long at the obvious support - that's your own fault.

not a signal service ..., not to make fun of a signal either....

I'm out with a few green...GL to you all....
  • #416,977
  • Apr 1, 2011 11:25am Apr 1, 2011 11:25am
Quoting attila
oh no. was talking intraday. the real drop is yet to come. point is THEY want a weak dollar and his comments stopped the fall in it's tracks, but the Market always has a way to punish politicians... my favorite past time...
Sisse's probably right about the timing. We're seeing more and more ridiculous bull rally calls, which means time is running out.
  • #416,978
  • Apr 1, 2011 11:27am Apr 1, 2011 11:27am
Darn I missed the party. But I did have a buy order filled and tp taken all in the same hour on cable. Better then a sharp stick in the eye
  • #416,979
  • Apr 1, 2011 11:29am Apr 1, 2011 11:29am
afternoon to all. Friday charts never fail at amazing me. The pa has been too crazy. Just closed my third 5-pip trades for both fibre and cable. Only managed two trades with audusd. I'll give it a look for another hour and then thats it. too choppy for me.Fibre has been giving pretty good trades off the 50ma on the 1M TF.After I saw that the bottom was on the 61.8 I looked at the larger tf.Then on the 5M tf I saw that after a few bull candles,the next bear candles didn't form a new lower low, so started scalping the upward moves. This latest stall has me unsure, and when I loose that confidence I've learned to just close the trade and live to fight another day.With the economic reports and it being friday,its better to be extra cautious.just my 2 cents.
  • #416,980
  • Apr 1, 2011 11:31am Apr 1, 2011 11:31am
Quoting PriceVolume
Sisse's probably right about the timing. We're seeing more and more ridiculous bull rally calls, which means time is running out.
i tend to agree. leaving the political manipulation with people coming out of wood work aside, charts say down. weekly is topped for me. i will take longs buy i'll consider them counter trades. too bad Cramer is not into forex, he would make for a great contrarian indicator.
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