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  • #474,301
  • Jun 28, 2011 9:42am Jun 28, 2011 9:42am
Hey guys, to be perfectly honest with you all. Long term trend on this pair is UP, not down. Contrary to popular belief. See chart. Got to watch the LTT. Any short to me is a counter trade......PERIOD. Dont know why everyone tries to trade against it, but to each his own I guess.


Quoting stfu
everyone keeps on buying and no one selling? demn demn demn
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  • #474,302
  • Jun 28, 2011 9:44am Jun 28, 2011 9:44am
Quoting mercy seat
Or moonglightning ... as you name it ?
'Kellnern´, I guess.
Fail better.
  • #474,303
  • Jun 28, 2011 9:45am Jun 28, 2011 9:45am
we are at the 50 fibo of the entire move from 1.4950xx....good RR for a short....Im SH....Looking for a massive pullback now


EDIT: at least 4311
  • #474,304
  • Jun 28, 2011 9:45am Jun 28, 2011 9:45am
I see the EUR/USD passing 1.4425 level, probably not today though. I dont want to be in a long at that level id be a sitting duck for the stop hunters.

PA has been crazy this week :/
  • #474,305
  • Jun 28, 2011 9:45am Jun 28, 2011 9:45am
Quoting Venice
Cheers Piters... most of these moves are plain as day... people just need to open up a chart bigger then their 5m.
yes mate higher TF are roadmap.. you dont need a GPS..

  • #474,306
  • Jun 28, 2011 9:45am Jun 28, 2011 9:45am
EUR/AUD appeared shortable to me

Getting so many rejections up there on H4 chart was fairly irresistible not to short.
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Don't get mad, get even!
  • #474,307
  • Jun 28, 2011 9:46am Jun 28, 2011 9:46am
very very close
If you are new to Forex? Say Goodbye to your account!!
  • #474,308
  • Jun 28, 2011 9:46am Jun 28, 2011 9:46am
Quoting sisse
Happy face here. Taking 2nd target a few tick below monthly roll and at H4 R (1.438x). Leaving a tiny open for overshoot above 1.44xx but without any expectations and with very "unhealthy stops"...

Yes Phanti. I think so too and especially after the FED FOMC last week. Plus the Greek default became from delaying for a few years (Friday news) to perpetuating the debt and inefficiency with that 30 years renegotiation on the table....Nothing more inconsistent than a solution "a l'european" way ...same as lately the noise will come back later...
applying for an audience via skype in the next couple of days
would like to talk to you about a couple of things.
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  • #474,309
  • Jun 28, 2011 9:47am Jun 28, 2011 9:47am
Good luck with that one. I will see you at 4500


Quoting needpips
we are at the 50 fibo of the entire move from 1.4950xx....good RR for a short....Im SH....Looking for a massive pullback now
  • #474,310
  • Jun 28, 2011 9:48am Jun 28, 2011 9:48am
Hey, if there was ever a time for retail trader coordinated intervention...the time is now!
The trend is my friend? The world casino is my friend!
  • #474,311
  • Jun 28, 2011 9:48am Jun 28, 2011 9:48am
What?


Quoting tornado11
Good luck with that one. I will see you at 4500
  • #474,312
  • Jun 28, 2011 9:49am Jun 28, 2011 9:49am
buy the dip.. this thing is going to 2.0 today haha
  • #474,313
  • Jun 28, 2011 9:49am Jun 28, 2011 9:49am
As a follow up to EUR/USD–Some Updates (25 June 2011) (BIAS: Neutral)

http://lcchong.files.wordpress.com/2...ng?w=877&h=397
  • #474,314
  • Jun 28, 2011 9:49am Jun 28, 2011 9:49am
Quoting LarryDarrell
'Kellnern´, I guess.
Ah ja Danke ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #474,315
  • Jun 28, 2011 9:50am Jun 28, 2011 9:50am
Quoting Piters
yesterday's bounce of that triangle LTL was nasty.. .. good job, we are still in consolidation on Daily..
Agree in the consolidation.

This time that triangle rejection was in conjunction with daily S which give a lot of confidence in the long when the fail in the morning to hold the daily roll triggered.

To be honest and as you can read in the morning posts I gave bears too much credit (my FA bias before the recent developments) and more than enough chances to work out (missed the whole day yesterday) but well I can't complain now.

Are you playing the top of the triangle as a target? I am happy with the current 1.443x horizontal daily R but I wouldn't be surprised if there is a test to that triangle top in this week and settle in the weekly R (1.450x) in the horizontal level.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #474,316
  • Jun 28, 2011 9:51am Jun 28, 2011 9:51am
Just checked in on the weekly chart. Bears are going to be having a hell of a time if we close around or above these levels.
  • #474,317
  • Edited 11:48am Jun 28, 2011 9:51am | Edited 11:48am
Quoting attila
will pull back, but I think there's more up. close above 80 will open 4410. 4413 is my upper limit of the cluster stretching from 4302. it will have to touch that, sooner or later. 4430 is the upper of the bigger cluster from 3867. remember the battle around 4150. that was the middle of it. we'll see.... huge strength on h4....
Yes there will be a put back from this area, the 6 month have been reject for the last couple week and will continue to do the same as it approach it
Following the current trend
  • #474,318
  • Jun 28, 2011 9:52am Jun 28, 2011 9:52am
Quoting Venice
I believe it to be true, irrelevant of your trading skills!


Been shorting all day yesterday and today. K-I-L-L-E-R! Nothing added to long term account...yet. Swing account...been adding some small shorts, but have some longs running, too...nearly ready to close them and go net short.

Scalping? Hardest I've had to work for my few percent in a while. Was quite stunned by the rate it took off north. Just couldn't flick the "long" switch in my head soon enough. Still doesn't make "sense" to me (not that that matters to the market), so I am now back to a "neutral" stance in my head for scalps.

ps- 160 high to low now on the day...just closed my long swings while typing this...will see where my shorts get to.

pps- pity about your fill!
  • #474,319
  • Jun 28, 2011 9:52am Jun 28, 2011 9:52am
Stupid ?, but how do you reference or look at a 6month chart? TIA

Quoting 10piptrade
Yes there will be a put back from this area, the 6 month have been reject for the last couple week and will continue to do the same as it approach it
  • #474,320
  • Jun 28, 2011 9:53am Jun 28, 2011 9:53am
Quoting stulic
EUR/AUD appeared shortable to me

Getting so many rejections up there on H4 chart was fairly irresistible not to short.
ripe juicy peach grizzly, we will see shortly one way or other, all ladies
If you are new to Forex? Say Goodbye to your account!!
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