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EURUSD

  • #449,501
  • May 26, 2011 6:22am May 26, 2011 6:22am
Quoting PayTheLimit
remind my to shoot myself when we get to say....50,000...
It will take ff 30000 days to compensate for the loss caused by money given in Prize
  • #449,502
  • May 26, 2011 6:23am May 26, 2011 6:23am
Quoting T.E.Lawrence
Just a reminder.

30 000th page of this thread is on the horizon.

Forex Factory Challenge #63 is:

First poster on that page wins free live 30 000$ account at the broker of his choice!

So stay sharp and watch where.......no, when you post!

Good luck!
Great job, we won another 30 pages of garbages...
COT: The precious data ignored
  • #449,503
  • May 26, 2011 6:24am May 26, 2011 6:24am
Quoting Mr Hatch
may I have your stuff, then?
I had you down, in before you asked....
Look Sharp/Trade Tight
  • #449,504
  • May 26, 2011 6:24am May 26, 2011 6:24am
They have been doing it for many years but the retail traders are not on loosing position. The challenge is that you deal against algorithmic (computer) trading and professionals who have over 10 years of experience - they are educated on this subject and have money for right tools to screen markets. It takes 6 to 10 years before the retail trader will gain similar experience on his own. Until then... those are loosing. Experience is necessary on this and it comes with time... Some young guys my apply for proprietary trader positions and get professional backup this way

Have a good trading day.
London Trader

Quoting Forex GuyZ
definitely, they wanna take the price up but before that they want retail sellers stuck with their positions. They have been doing this since many years and will play the same game here too. we retail traders are losers in this BIG game.
Discomfort and profit often stand side by side
  • #449,505
  • May 26, 2011 6:24am May 26, 2011 6:24am
Slow market tonight thats for sure
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #449,506
  • May 26, 2011 6:25am May 26, 2011 6:25am
Consolidation today most of the day then breaking to 1.422XX towards end of NY session. Tomorrow a spike towards 1.4245X in the beginning of London session . Then falling during the rest of the day towards 1.396XX. Same scenario happened during the last two Fridays. Will it happen again???
  • #449,507
  • May 26, 2011 6:26am May 26, 2011 6:26am
Spekulowac Panowie / Panie - spekulowac

London Trader

Quoting zuzia9
Wlasnie ,
Ameryka drzy w posadach od ogromnego dlugu,
Europa tez sie lepiej nie ma i co z tym fantem zrobic ?
Discomfort and profit often stand side by side
  • #449,508
  • May 26, 2011 6:33am May 26, 2011 6:33am
Si nou fèmen anwo a nivo sa a, nou pral moute soti isit la, otreman, desann nou ale
motivation
  • #449,509
  • May 26, 2011 6:33am May 26, 2011 6:33am
for me a healthy close above 4110 should provide a relief rally...a failure to do so keeps even the swing lows on the table...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #449,510
  • May 26, 2011 6:39am May 26, 2011 6:39am
Quoting PayTheLimit
for me a healthy close above 4110 should provide a relief rally...a failure to do so keeps even the swing lows on the table...
I don't know about it. But here is how i see things.
There was no buying (daily speaking) prior to this move up, the daily printed new lows everyday, then move up slowly for a few day, then big bearish candle (20th of may)...which makes me think we will either retest the low or go lower.
What i wanna see is the weekly close, a weekly close below 1,4170 and 1,3900 could be in the way (that's what i will play)...and probably lower.

We'll see that next month
COT: The precious data ignored
  • #449,511
  • May 26, 2011 6:42am May 26, 2011 6:42am
H1 printed lower low compared to the previous candle, let's see if it wants to challenge the high, and let's see the close of it...i might short it if i do not like what i see....feeling trading!!
COT: The precious data ignored
  • #449,512
  • May 26, 2011 6:43am May 26, 2011 6:43am
Quoting kuroro001
I don't know about it. But here is how i see things.
There was no buying (daily speaking) prior to this move up, the daily printed new lows everyday, then move up slowly for a few day, then big bearish candle (20th of may)...which makes me think we will either retest the low or go lower.
What i wanna see is the weekly close, a weekly close below 1,4170 and 1,3900 could be in the way (that's what i will play)...and probably lower.

We'll see that next month

I dont disagree, but a small bouce could be in the cards, followed by month end selling. Thats what I wonder, will the bears close it under last month's lows?
Look Sharp/Trade Tight
  • #449,513
  • May 26, 2011 6:46am May 26, 2011 6:46am
Don't complain, use your tools guys. No range? Well throw your fibs on M5. Textbook Fib Extensions everywhere.
  • #449,514
  • May 26, 2011 6:47am May 26, 2011 6:47am
Quoting PayTheLimit
I dont disagree, but a small bouce could be in the cards, followed by month end selling. Thats what I wonder, will the bears close it under last month's lows?
Yes that's what i wonder as well...
But the thing is a few month ago, the bearish engulfing candle didn't have any impact...it just went up after that..
Anyway let's wait, i'd like to see US GDP now
COT: The precious data ignored
  • #449,515
  • May 26, 2011 6:49am May 26, 2011 6:49am
Mladic arrested and I scalped my 20 long pips, at least some good news for today
Don't get mad, get even!
  • #449,516
  • May 26, 2011 6:55am May 26, 2011 6:55am
Quoting kuroro001
Yes that's what i wonder as well...
But the thing is a few month ago, the bearish engulfing candle didn't have any impact...it just went up after that..
Anyway let's wait, i'd like to see US GDP now
but the impact of US GDP is unpredictable....
if we have good result, better than expected...
it maybe good for USD...

however, on the other hand if we have worst than expected result, some funds may go back to buy US bonds...

which makes me confusing..

however, market will tell us the direction in half an hour...

if eur is unable to make a higher high...
technically speaking, are we gonna see some lower lows??
Patience, Emotion Control and Discipline.
  • #449,517
  • May 26, 2011 6:58am May 26, 2011 6:58am
Quoting johncen
but the impact of US GDP is unpredictable....
if we have good result, better than expected...
it maybe good for USD...

however, on the other hand if we have worst than expected result, some funds may go back to buy US bonds...

which makes me confusing..

however, market will tell us the direction in half an hour...

if eur is unable to make a higher high...
technically speaking, are we gonna see some lower lows??
Yes unpredictable indeed, we just have to wait, let the market settle down...

I wanna see 1,4130-40, bids are strong there, it should be enough to see 1,4220 if we go there.
We'll know more soon
COT: The precious data ignored
  • #449,518
  • May 26, 2011 7:02am May 26, 2011 7:02am
Quoting stulic
Mladic arrested and I scalped my 20 long pips, at least some good news for today
yeah, treba Tadicu malo vise poena za ulaz u EU ;
oni su duzni ko Grcka isto..
  • #449,519
  • May 26, 2011 7:03am May 26, 2011 7:03am
Quoting kuroro001
Yes unpredictable indeed, we just have to wait, let the market settle down...

I wanna see 1,4130-40, bids are strong there, it should be enough to see 1,4220 if we go there.
We'll know more soon
yes paitence...
paitence...
i had lost some money here this week...
because of some crazy trades...
Patience, Emotion Control and Discipline.
  • #449,520
  • May 26, 2011 7:05am May 26, 2011 7:05am
Quoting Mr Hatch
2 decades, I just didn't rest on my laurels as some obviously did.
Okay ... but much longer for me ... and of course I was not a "Lusche" in that school subject ...

But I must agree ... I did not pass it with "Eins drauf mit Mappe - extra einsplus doppelsupergut Auszeichnung" ...

Main reason might be ... an issue that you do not practice all day long will get a bit rusty after a while ...

Moreover I was not that much interested in that subject as you were ...

Naturwissenschaftlich dafür sehr viel stärker orientiert ...

And it has been in those days - when there did not exist that "Punktesystem mit Wahlfächern" ...



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