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  • #443,101
  • May 16, 2011 10:46pm May 16, 2011 10:46pm
Quoting Chicky
Are you going for good?
Only for good, Sir
  • #443,102
  • May 16, 2011 10:46pm May 16, 2011 10:46pm
Quoting gatorinla
below .78116 close in 17 min should be bearish.
thanks...i have hold a small short since 7885...
but as now seems market sentiment has improved..
i am struggling whether i should close my position..
Patience, Emotion Control and Discipline.
  • #443,103
  • May 16, 2011 10:51pm May 16, 2011 10:51pm
Divergence forming in eurusd Daily stochastic.what will be the target for bulls?
Read the chart... Fundies are catalyst...
  • #443,104
  • May 16, 2011 10:52pm May 16, 2011 10:52pm
Won't be up for this but if we reach this level could be a good short.

Fib confluence combined with 1.4175-1.4180 s/r level + rising trendline retest
Attached Image (click to enlarge)
Click to Enlarge Name: 16may11euroshort1.jpg Size: 230 KB
Don't have an ego. Always question yourself and your ability.
  • #443,105
  • May 16, 2011 10:53pm May 16, 2011 10:53pm
Quoting Purple
When the price is at 141.59, it would anyhow hit 141.65 with nothing to do with all your trend lines and analysis in the chart you are showing.
Thanks for letting me know. I wasn't aware of that.
The Thief of Wall Street
  • #443,106
  • May 16, 2011 10:56pm May 16, 2011 10:56pm
Quoting gatorinla
bend over.. we will probably go down a little (below 4157.9 then if we close above 4060 get some bull action
if this happens above 4162.6 (with close) next target for me is 4189.2 +slip
those who can, do. those who cant, talk about those who can
  • #443,107
  • May 16, 2011 10:58pm May 16, 2011 10:58pm
Quoting gatorinla
if this happens above 4162.6 (with close) next target for me is 4189.2
So Gator do you enter on open of next hourly bar?
  • #443,108
  • May 16, 2011 11:01pm May 16, 2011 11:01pm
Quoting gatorinla
if this happens above 4162.6 (with close) next target for me is 4189.2 +slip
it did closed above...
4163...
Patience, Emotion Control and Discipline.
  • #443,109
  • May 16, 2011 11:07pm May 16, 2011 11:07pm
Quoting johncen
thanks...i have hold a small short since 7885...
but as now seems market sentiment has improved..
i am struggling whether i should close my position..
.78095 is a fib... need to be below it..
those who can, do. those who cant, talk about those who can
  • #443,110
  • May 16, 2011 11:09pm May 16, 2011 11:09pm
I am REALLY just trying to think like others .... Please bare with me.

TL was broken, New High above 1.1472.

I should wait for a good entry and buy low. Is that the general idea?

Support should be now found around 1.4160?

thx
  • #443,111
  • May 16, 2011 11:11pm May 16, 2011 11:11pm
Quoting Chicky
Thanks for letting me know. I wasn't aware of that.
You are now.. one lesson at a time..
  • #443,112
  • May 16, 2011 11:12pm May 16, 2011 11:12pm
Quoting gatorinla
if this happens above 4162.6 (with close) next target for me is 4189.2 +slip
Gat, what are the parameters of slip? +- some factor?
  • #443,113
  • May 16, 2011 11:12pm May 16, 2011 11:12pm
Quoting ForexSam
I am REALLY just trying to think like others .... Please bare with me.

TL was broken, New High above 1.1472.

I should wait for a good entry and buy low. Is that the general idea?

Support should be now found around 1.4160?

thx
I like to buy on pullbacks to the 8, 21, 50 ema's but S/R is king
  • #443,114
  • May 16, 2011 11:12pm May 16, 2011 11:12pm
short....Im not convinced about the action...and the overall Monthly / Weekly...seem to be pointing to 1.38 / 34




Quoting ForexSam
I am REALLY just trying to think like others .... Please bare with me.

TL was broken, New High above 1.1472.

I should wait for a good entry and buy low. Is that the general idea?

Support should be now found around 1.4160?

thx
  • #443,115
  • May 16, 2011 11:17pm May 16, 2011 11:17pm
Anyone else use the 8, 21, 50, 200 ema's for floating SR?
I think you'll see they capture p/a on most tf's
  • #443,116
  • May 16, 2011 11:20pm May 16, 2011 11:20pm
Quoting ady_babe
Gat, what are the parameters of slip? +- some factor?
next s/r.. i dont have a formula for slip.. the more slip the stronger the move.. the more bounce the weaker. generally. the 4189 one is #2
the #3 is 4229... i may just wait for it. IF
those who can, do. those who cant, talk about those who can
  • #443,117
  • May 16, 2011 11:20pm May 16, 2011 11:20pm
Quoting ForexSam
I am REALLY just trying to think like others .... Please bare with me.

TL was broken, New High above 1.1472.

I should wait for a good entry and buy low. Is that the general idea?

Support should be now found around 1.4160?

thx
Price is trading in a tight range mostly on BS volume. Wait for a better breakout followed by a pullback, for clearer direction.
  • #443,118
  • May 16, 2011 11:22pm May 16, 2011 11:22pm
Quoting needpips
short....Im not convinced about the action...and the overall Monthly / Weekly...seem to be pointing to 1.38 / 34
More and More complicated So, I was bearish all day, and therefore didn't trade the 100+ pips during the US session. I prefer to sell. It "feels" right. I hate buying, but I need to get over it and trust.

So far. I hope you are right....I am looking at a perfect pinbar on 15M. Twice now at 1.4172.

Believe it or not, I actually fid this fun.
  • #443,119
  • May 16, 2011 11:26pm May 16, 2011 11:26pm
Quoting ForexSam
Believe it or not, I actually fid this fun.
and you think we don't?
Don't have an ego. Always question yourself and your ability.
  • #443,120
  • May 16, 2011 11:28pm May 16, 2011 11:28pm
Quoting gatorinla
next s/r.. i dont have a formula for slip.. the more slip the stronger the move.. the more bounce the weaker. generally. the 4189 one is #2
the #3 is 4229... i may just wait for it. IF
chart for 4229.. atm bounced off the lower mofu.. also today 4165 is a s.r that will get stronger. an h close above or below could be a direction hint. 4126 is the other. .
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those who can, do. those who cant, talk about those who can
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