back in short fake out this will run
- #428,202
- Apr 25, 2011 10:25pm Apr 25, 2011 10:25pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
atm I try to imagine how your trading would be if you could be long and short at the same time..
- #428,203
- Apr 25, 2011 10:30pm Apr 25, 2011 10:30pm
- | Membership Revoked | Joined Sep 2009 | 1,581 Posts
atm I try to imagine how your trading would be if you could be long and short at the same time..
Ambition
- #428,204
- Apr 25, 2011 10:31pm Apr 25, 2011 10:31pm
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #428,205
- Apr 25, 2011 10:34pm Apr 25, 2011 10:34pm
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
atm I try to imagine how your trading would be if you could be long and short at the same time..
those who can, do. those who cant, talk about those who can
- #428,206
- Apr 25, 2011 10:38pm Apr 25, 2011 10:38pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
it is a matter of caution which is a sighn of good trading saw a possible break out up got out of short even no loss saw it was a fake out back in early for pip gains like i said good solid trading.
rat
- #428,207
- Apr 25, 2011 10:38pm Apr 25, 2011 10:38pm
- | Joined Nov 2008 | Status: Trader | 2,055 Posts
Yes market internal data that isn't on the chart. The dictionary definition of sentiment is: an attitude toward something; regard; opinion. This definition sums up the first EURUSD sentiment project I've been working on. This boils down to a single percentage from...
That sounds quite nice. Is there more weight given to larger trades? Or is this just a sum of currently open positions regardless how small the trade size is.
I don't know how you gonna get the data for those, but if you can make something like that, I can think of creative ways to use it
- #428,208
- Apr 25, 2011 10:38pm Apr 25, 2011 10:38pm
#427404 chart
for now target is 1.4480, as long as there is no significant move upwards, and if London shares the sentiment.
EDIT: and if we can finally overcome that 23
- #428,209
- Apr 25, 2011 10:39pm Apr 25, 2011 10:39pm
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
those who can, do. those who cant, talk about those who can
- #428,211
- Apr 25, 2011 10:51pm Apr 25, 2011 10:51pm
Hi FXEZ,
That sounds quite nice. Is there more weight given to larger trades? Or is this just a sum of currently open positions regardless how small the trade size is.
I don't know how you gonna get the data for those, but if you can make something like that, I can think of creative ways to use it
- #428,212
- Apr 25, 2011 10:52pm Apr 25, 2011 10:52pm
- | Membership Revoked | Joined Sep 2009 | 1,581 Posts
I wouldnt have thought it's worth opening a fresh trade just yet on this pair. It's consolidating maybe this morning or US session before it really gets a clearer direction.
Ambition
- #428,213
- Apr 25, 2011 10:53pm Apr 25, 2011 10:53pm
- Joined Apr 2011 | Status: barefooted | 1,633 Posts
Fail better.
- #428,217
- Apr 25, 2011 11:08pm Apr 25, 2011 11:08pm
- | Membership Revoked | Joined Sep 2009 | 1,581 Posts
Ambition
- #428,218
- Apr 25, 2011 11:09pm Apr 25, 2011 11:09pm
- | Membership Revoked | Joined Sep 2009 | 1,581 Posts
hmmm well well there we are awsome
Ambition
- #428,219
- Apr 25, 2011 11:11pm Apr 25, 2011 11:11pm
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
you may be right but its been trending down anyways and by the time you see it youve missed 20 to 30 pip as it will be fast anyways i am comfortable with it hope you make lots of pips today gl.
Trending down? Ok in the last 24hrs or so. But look at say 3 weeks worth of chart. It's trending up keep that in mind.
I do see your point of short eurusd although Ill be waiting for the London session at least to get under way before taking a new trade on this pair. Dollar at some point should strengthen and this area on the eursud chart has plenty of turning points in history where it has reversed around these levels.
It worth keeping a watch on gold as that seems to be the big daddy leading the way.
rat
- #428,220
- Apr 25, 2011 11:11pm Apr 25, 2011 11:11pm
I do not see where you got your monthly close.
Nov 2007 and Sept 2009 monthly close are at 1.46377. Psychology level at 1.4650. Background is super strong. There is no stopping right now towards 1.50, other than correction for retailers to add in to their positions.
Overall, background is still strong for the bulls and we still have one week(this short week) left to go for the end of this month.
I am ready for shorts/longs when the demand and supply yields.
. otherwise daily ma200 would have to bend more than its used to.
first we'll test support for now, I too think it's too strong to break, 4480, max 4435.