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Price is everything

  • #15,341
  • Apr 11, 2011 1:17am Apr 11, 2011 1:17am
Look at frankfurt fucking the price up... unbelieveable....
  • #15,342
  • Apr 11, 2011 1:26am Apr 11, 2011 1:26am
Quoting Orbital
Look at frankfurt fucking the price up... unbelieveable....
eu is due for retrenchment. look at the waves. down than up
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  • #15,343
  • Apr 11, 2011 1:42am Apr 11, 2011 1:42am
Quoting bonus76
eu is due for retrenchment. look at the waves. down than up
Disagree sorry, counting waves is one of the most subjective things i have ever seen in trading. I completely disagree with the premise, the ideology, the execution and the fact that wavetraders will ALWAYS find excuses as to why their perfect little construct seems to fail

Anyways, ill be adding Longs, PA watch GU
  • #15,344
  • Apr 11, 2011 1:53am Apr 11, 2011 1:53am
Quoting Orbital
Disagree sorry, counting waves is one of the most subjective things i have ever seen in trading. I completely disagree with the premise, the ideology, the execution and the fact that wavetraders will ALWAYS find excuses as to why their perfect little construct seems to fail

Anyways, ill be adding Longs, PA watch GU
Agreed the bull is still strong. The most it'll retrace today will be to 1.4401. I'm long looking to reload and my TP 1 is @ 1.45227, TP 2 is @ 1.45835 SL 1.43410.
  • #15,345
  • Apr 11, 2011 1:58am Apr 11, 2011 1:58am
Hopefully guys u have an extra underwear . This is going to be nice way down
  • #15,346
  • Apr 11, 2011 2:09am Apr 11, 2011 2:09am
eu -bull flag alert
  • #15,347
  • Apr 11, 2011 2:18am Apr 11, 2011 2:18am
Quoting bonus76
Hopefully guys u have an extra underwear . This is going to be nice way down
Sorry i have yet to see you post a chart backing up your statements which is based on priceaction and supply/demand, and i have yet to see you post your open positions or where you will enter said positions.

Before you do any of those things i will not enter into a mudfight with you, if thats what youre looking for you know where the EURUSD forum is.

Keep this place clean and efficient please: Got something to say? Say it with a chart.

Btw Went GU long Mid-Risk:
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  • #15,348
  • Apr 11, 2011 2:21am Apr 11, 2011 2:21am
Quoting Orbital
counting waves
Agree. To introduce wave counting here in the Price Is Everything thread is off-topic. It's just not PA.
  • #15,349
  • Apr 11, 2011 2:28am Apr 11, 2011 2:28am
IMO it will move towards 1.6286. But that demand level is quite nice.
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  • #15,350
  • Apr 11, 2011 2:35am Apr 11, 2011 2:35am
Quoting FXSurfer
Agree. To introduce wave counting here in the Price Is Everything thread is off-topic. It's just not PA.
Not sure if you are being sarcastic or if that statement is genuine =/
  • #15,351
  • Apr 11, 2011 2:44am Apr 11, 2011 2:44am
Quoting Orbital
Not sure if you are being sarcastic or if that statement is genuine =/
Huh? No sarcasm intended. Also, don't want the guy who posted the waves to take offense. Just not a part of what's being done here. Anyway, enough from me. Have a good one and thanks for the thread, guys. Nice, basic trading.
  • #15,352
  • Apr 11, 2011 2:46am Apr 11, 2011 2:46am
Quoting bonus76
Hopefully guys u have an extra underwear . This is going to be nice way down
Not sure why you want to try and predict the future mate.

In a bull move like this, it'd take a great deal to make me want to short. I wouldn't even consider it until a swing low was broken or a clear lower high made.

I like my money!
  • #15,353
  • Apr 11, 2011 2:54am Apr 11, 2011 2:54am
uptrends - before any uptrend changes prices have to consume or clear demand zones, therefore its safer to buy @ demand PA dependant rather than sell to try and catch a top


buy lower or scalp @ the highs until it gives way for a correction, the correction will go it a demand lower - for example EU correction, awaiting price arrival to 1.43111 demand area for a buy
  • #15,354
  • Apr 11, 2011 3:01am Apr 11, 2011 3:01am
Hi guys, Morning/afternoon(top of the week!) dont flame me, took a buy call for UC

heres my opinion... will bail if candle tells me other wise r/r is quite good imho. Any opinions?
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  • #15,355
  • Apr 11, 2011 3:11am Apr 11, 2011 3:11am
Quoting Wined
Hi guys, Morning/afternoon(top of the week!) dont flame me, took a buy call for UC

heres my opinion... will bail if candle tells me other wise r/r is quite good imho. Any opinions?
Welcome to the thread, i see your reasoning for that entry, makes sense in my eyes, personally im still waiting for more confirmation on UCAD but this looks good
  • #15,356
  • Apr 11, 2011 3:21am Apr 11, 2011 3:21am
Watch for silver, 1 15m demand zone and the hourly ones, question is how hard will this correct.

Watch for pins and engulfing bars.
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  • #15,357
  • Apr 11, 2011 3:45am Apr 11, 2011 3:45am
Quoting bman204
IMO it will move towards 1.6286. But that demand level is quite nice.
Cut it +19.. such an easy trade.

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  • #15,358
  • Apr 11, 2011 3:47am Apr 11, 2011 3:47am
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this pair mirrors the dollar index closely


price geometry complete @ fib time extension 2.618



jlako tech
  • #15,359
  • Apr 11, 2011 3:48am Apr 11, 2011 3:48am
Quoting Orbital
Cut it +19.. such an easy trade.

Attachment
Took the same trade, Friday's low provides a lovely security to place the stop under.
  • #15,360
  • Apr 11, 2011 4:02am Apr 11, 2011 4:02am
another quake and tsunami warning in Japan, those guys can't catch a break.
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