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EURUSD

  • #438,941
  • May 10, 2011 3:59am May 10, 2011 3:59am
Quoting fontu
may be but it is not any top or any bottom yet .waiting more action & time to consume around this mofu ,bear still very strong.
fontu
we are not discussing top or botom, just the levels and price action @ those levels.
  • #438,942
  • May 10, 2011 4:01am May 10, 2011 4:01am
Quoting BlueGas
This system is 200% correct

http://img62.imageshack.us/img62/139/trainvr.jpg

lol.bored...
lol lol lol
looking for investors . pm me
  • #438,943
  • May 10, 2011 4:01am May 10, 2011 4:01am
Quoting vlady1974
Hey Cap......

u will find it here
Attached Image (click to enlarge)
Click to Enlarge Name: 30m eur.gif Size: 13 KB
  • #438,944
  • May 10, 2011 4:01am May 10, 2011 4:01am
Well, in taht case I'm sorry I wasn't behind my screen at 1.4274 at 7 am GMT this morning - I could have bought at support... which was the best place to enter any trade today.




Quoting hindustani
we are not discussing top or botom, just the levels and price action @ those levels.
  • #438,945
  • May 10, 2011 4:04am May 10, 2011 4:04am
Quoting kill56
u will find it here
hey dude. why is ur headline always short eur???
  • #438,946
  • May 10, 2011 4:04am May 10, 2011 4:04am
Another try bear to turn into a bull for the timebeing or take the failure if behave normal without craziness .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,947
  • May 10, 2011 4:05am May 10, 2011 4:05am
Quoting BrunargarFx
Well, in taht case I'm sorry I wasn't behind my screen at 6:10 am GMT this morninng - I could have bought at support... which was the best place to enter any trade today.
pa at 4881 was remarkable for 4 days, in the end it gave up and fell

pa ar 4374 is doing almost the same thing, which means if it does not break it and consolidate above it more fall is to be expected ,............
  • #438,948
  • May 10, 2011 4:12am May 10, 2011 4:12am
Quoting hindustani
pa at 4881 was remarkable for 4 days, in the end it gave up and fell

pa ar 4374 is doing almost the same thing, which means if it does not break it and consolidate above it more fall is to be expected ,............
agree
looking for investors . pm me
  • #438,949
  • May 10, 2011 4:12am May 10, 2011 4:12am
Morning traders ,I have 74 as the open of the day ,so its decision time .
making green pips large and red pips small this is my goal.
  • #438,950
  • May 10, 2011 4:12am May 10, 2011 4:12am
Quoting fxkiller
hey dude. why is ur headline always short eur???
its not its shitty eur
  • #438,951
  • May 10, 2011 4:12am May 10, 2011 4:12am
I'm not dismissing what you are saying. If it does not break 1.438, then it will fall...

To be honest I should have done my homework yesterday night & put a buy order at support...

TO me, we are still very much in an uptrend (HL). Reversal would occur if we break 1.41, so I am looking at buying teh dips (err not today coz I missed it)

Now I am playing the 50EMA: usually fake drop (check) followed by High. If we break yesterdy's high (+5ticks = my entry point now), this should go up to 1.443 target 1. Not sure if it will go higher as I have a major res at 1.444 area.
I'll hate being wrong on this to be honest.



Quoting hindustani
pa at 4881 was remarkable for 4 days, in the end it gave up and fell

pa ar 4374 is doing almost the same thing, which means if it does not break it and consolidate above it more fall is to be expected ,............
  • #438,952
  • May 10, 2011 4:13am May 10, 2011 4:13am
Quoting PayTheLimit
Sisse, what do you make of it?
As we mentioned in the morning before London opened 1.426x hold and consolidation on the selloff. Was/is a 100% tradable long (triggered on 1.430x) until 1.447x as daily is on HH (but LL for the 1st time since January). I closed most of the position at 1.435x on the hourly close. Leaving the remaining small rest open on 0 risk now until US open.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #438,953
  • May 10, 2011 4:14am May 10, 2011 4:14am
Quoting kill56
its not its shitty eur
lolll

change it ! Its confusing
  • #438,954
  • May 10, 2011 4:17am May 10, 2011 4:17am
Quoting fxkiller
lolll

change it ! Its confusing

lo i cant its my trade mark and registered
  • #438,955
  • May 10, 2011 4:19am May 10, 2011 4:19am
Quoting Gleneagles
+36 ( 3 X 12 )


Messy and inconsistent PA struggling to form a defined range.
Saw one of your trades had a significant drawdown before closing in +12 profit. I take it you don't use a fixed stoploss, but how do you decide enough (drawdown) is enough?
  • #438,956
  • May 10, 2011 4:20am May 10, 2011 4:20am
Quoting hindustani
pa at 4881 was remarkable for 4 days, in the end it gave up and fell

pa ar 4374 is doing almost the same thing, which means if it does not break it and consolidate above it more fall is to be expected ,............
i hate that cci , its not in the correct place to hold longs, so i will sit on the fence and watch ......... errrr ............

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 11 KB
  • #438,957
  • May 10, 2011 4:20am May 10, 2011 4:20am
Quoting hindustani
we are not discussing top or botom, just the levels and price action @ those levels.
ok , top bottom has some advantages & here at present in the middle but still similarities in failing 5th wave in a triangle but opposite reaction possible if so , formation of a temporary bottom for the retracement and even though bear still very strong . market trying to do it's best for it I think.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,958
  • May 10, 2011 4:22am May 10, 2011 4:22am
Quoting PayTheLimit
going out for a bit...good luck, PTL
good idea
If you are new to Forex? Say Goodbye to your account!!
  • #438,959
  • May 10, 2011 4:22am May 10, 2011 4:22am
Still can't see why people are bullisih, theres no reason to be yet. haven't hit a major amount of demand. Look at this http://www.trade2win.com/section/art...rategies-forex we're basically in the posistion where the opposite is happening ie. the wicks are getting bigger as the hit resistance and coming down with less volume... Less volume at this level means less people buying, less people buying means it won't go much higher, if it does, it will be by like 23-7 pips to get people's money locked in. Then it'll carry on back finishing the down wave.

I'm still staying out though, we're still in an uptrend, just going to buy the dip.
Attached Image (click to enlarge)
Click to Enlarge Name: buy.gif Size: 83 KB
  • #438,960
  • May 10, 2011 4:25am May 10, 2011 4:25am
Quoting ikdenk
Saw one of your trades had a significant drawdown before closing in +12 profit. I take it you don't use a fixed stoploss, but how do you decide enough (drawdown) is enough?

I will close a trade if I get opposite trade signal (stop & reverse). I do use a fixed SL based on ATR in case of a nasty surprise. Using 25 pips today.
The drawdown was around 16 pips on the trade if we are looking at the same one.
" Never let the past hold the future to ransom "
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