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EURUSD

  • #454,941
  • Jun 3, 2011 11:07am Jun 3, 2011 11:07am
Quoting PayTheLimit
dusbin session closed.........drinking session open....
Geez..are you lowering you standards now? I mean with the trading .. not the drinking
" Never let the past hold the future to ransom "
  • #454,942
  • Jun 3, 2011 11:10am Jun 3, 2011 11:10am
Quoting Gleneagles
Chickensh!t , hang in there bro , we will all chip in and try and help you.

We all know how tough it is to find a good mentor
stupid is as stupid does oh wait, i'm the one who's too stupid
  • #454,943
  • Jun 3, 2011 11:10am Jun 3, 2011 11:10am
Quoting VennD
Stops are every where..... Interesting Prices still up there has not been executed...
1) It will retrace down...
2) Investors more worry about US Debt than Greece..
3) STOPS - BuyStops / SellLimit / StopLoss and it kinds still around ..

Noobs can wait for a decent retracement , then make your own resolutions..
Attached Image (click to enlarge)
Click to Enlarge Name: eu4h_04.gif Size: 45 KB
  • #454,944
  • Jun 3, 2011 11:12am Jun 3, 2011 11:12am
close enough for an amateur... im starting to like nfp
Quoting shmandi
first spike up, than down to 1444 then up to at least 1458... but it is only a guess
  • #454,945
  • Jun 3, 2011 11:13am Jun 3, 2011 11:13am
Not playing nickel and dime today---did that in the past--used to try for 5 pips here and there.I'll wait till next week when I get a valid trade for myself and try to grab the meat of it next week.Good weekend all.
  • #454,946
  • Jun 3, 2011 11:13am Jun 3, 2011 11:13am
Quoting scapler000
should i go long as it is breaking its resistance ? any advise guys
Inserted Video
Don't get mad, get even!
  • #454,947
  • Jun 3, 2011 11:13am Jun 3, 2011 11:13am
I like your 2 green circles, specially the lower smaller one. I think EUR will have a tough time breaking through the lower green one, which is supported by your lower blue line on the pitch fork and several other red lines that you have drawn. If it breaks the lower green one, its a hell of a drop.

But my 2 cents on this is that there will be at least 2 more touches followed by bounces off that smaller green one before it can get any further down.

Great work Brother

4675 - 4700 is a great sell

Quoting fontu
Nice , you are good in round tops -bottom s to see the gravidities .continue good works & master it alone.

fontu
  • #454,948
  • Jun 3, 2011 11:13am Jun 3, 2011 11:13am
Quoting pinkiaiii
Hi markus do you see something big happening in short term for your position ?
I hope huge down LOL

Serious:

look at all the TF's from 1min to 4h. Everywhere divergences.

Then my 4h candle closed at the top. Huge chance for a few pips to be made.

Now I look for wave structure on the way down. When it is corrective, I close my position eventually.

Better short targets would have been a bit higher, but the up-move looks very matured.
  • #454,949
  • Jun 3, 2011 11:15am Jun 3, 2011 11:15am
Quoting AllyB
stupid is as stupid does oh wait, i'm the one who's too stupid
There must a lab somewhere hidden in a dark basement where they breed these rejects from a faulty gene pool or from DNA stolen from a medical waste disposal site
" Never let the past hold the future to ransom "
  • #454,950
  • Jun 3, 2011 11:22am Jun 3, 2011 11:22am
oh well s/o @ 0.. alarm called.

looking at 4620 now.
those who can, do. those who cant, talk about those who can
  • #454,951
  • Jun 3, 2011 11:23am Jun 3, 2011 11:23am
Quoting Gleneagles
There must a lab somewhere hidden in a dark basement where they breed these rejects from a faulty gene pool or from DNA stolen from a medical waste disposal site
ok now i can't stop laughing! better go back to my corner
  • #454,952
  • Jun 3, 2011 11:23am Jun 3, 2011 11:23am
Don't think we will see a slight retrace until 1.4686
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 354 KB
Disclaimer: Check your 1m charts
  • #454,953
  • Jun 3, 2011 11:24am Jun 3, 2011 11:24am
Quoting Gleneagles
Geez..are you lowering you standards now? I mean with the trading .. not the drinking
lol, I didnt know I had any standards...lol...


time to head to the bar...I'm out of levels....catch you all later...GL. PTL
Look Sharp/Trade Tight
  • #454,954
  • Jun 3, 2011 11:27am Jun 3, 2011 11:27am
considering to close long at 1464, for 180 pips
have nice weekend you all
  • #454,955
  • Jun 3, 2011 11:27am Jun 3, 2011 11:27am
Quoting Gleneagles
Chickensh!t , hang in there bro , we will all chip in and try and help you.

We all know how tough it is to find a good mentor
Thanks buddy. I earlier missed this post. But you owe me a keyboard, after posting that medical waste post.
The Thief of Wall Street
  • #454,956
  • Jun 3, 2011 11:27am Jun 3, 2011 11:27am
Quoting gatorinla
oh well s/o @ 0.. alarm called.

looking at 4620 now.
its above my pay scale.. i cant short and i cant long where it is. 4630atm
those who can, do. those who cant, talk about those who can
  • #454,957
  • Jun 3, 2011 11:30am Jun 3, 2011 11:30am
lol..this is too funny here. It has to come down very hard. But eating everything so badly. this is why friday is dangerous. frankly telling, myself also caught in this move.

Sold at 4445 and holding
bought at 4497 and holding.

don't know what to do at this moment. but we should see 4430 level anytime.
  • #454,958
  • Jun 3, 2011 11:34am Jun 3, 2011 11:34am
H4 Chart
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 139 KB
Disclaimer: Check your 1m charts
  • #454,959
  • Jun 3, 2011 11:36am Jun 3, 2011 11:36am
Going by the pivot points we are at R2 which has a 17% chance of moving higher. Not saying it won't go up but looking for a pullback here of some sort.
  • #454,960
  • Jun 3, 2011 11:37am Jun 3, 2011 11:37am
SL at 1.4640
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