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  • #512,001
  • Aug 5, 2011 8:31am Aug 5, 2011 8:31am
Quoting bguguen
Now you're over reacting... my sentiments on US is a possible double dip recession the way things go and ive been saying today NFP would be a manipulated Happy Figure for the US....
well not only me, the majority here thinks so too
I agree completely with your analysis here but I'm afraid some people seem to think the US economy is protected by higher powers. ie not of this world.
  • #512,002
  • Aug 5, 2011 8:31am Aug 5, 2011 8:31am
NFP plays out typically like this.

For example if news are euro positive, it will test monthly resistance like today (have to find out that self, usually easiest

Then back to test first intraday 200ema timeframe support. Today 1min gave in and went to test next, 5min.

And before news, pair dips/rises a bit, so you may buy/sell with SL there.
SL in that case something unexpected may happen.
They think they are smarter than I am.
  • #512,003
  • Aug 5, 2011 8:31am Aug 5, 2011 8:31am
Quoting eu_trader
what did i say guys?

EUR/USD to go up right?

i told u guys, once i see many of u going short....i know my chances of long is very high.......
Where the problem. First short and then long???
Cash In on both ways
Once scalper always scalper
  • #512,004
  • Aug 5, 2011 8:32am Aug 5, 2011 8:32am
Quoting PayTheLimit
might try to stretch these to 4244.7ish...
waiting for 1.425ish to short
big numbers are our friends...
  • #512,005
  • Aug 5, 2011 8:33am Aug 5, 2011 8:33am
Quoting stevexyg
I agree completely with your analysis here but I'm afraid some people seem to think the US economy is protected by higher powers. ie not of this world.
wait what?! by god??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #512,006
  • Aug 5, 2011 8:34am Aug 5, 2011 8:34am
Quoting deeZG
waiting for 1.425ish to short
hope you get it..
Look Sharp/Trade Tight
  • #512,007
  • Aug 5, 2011 8:34am Aug 5, 2011 8:34am
Quadruple Fibonacci Overlap zone between 4240-4250

4240 is 38.2 of 4530-4057
4240 is 138.2 of 4240-4058
4254 is 38.2 of 4453-4057
4250 is 61.8 of 4373-4057
  • #512,008
  • Aug 5, 2011 8:35am Aug 5, 2011 8:35am
Quoting PayTheLimit
simple chart, well not so simple anymore...
1,40746 = ZL ?
  • #512,009
  • Aug 5, 2011 8:35am Aug 5, 2011 8:35am
want to go long but I missed my entry
We're all stories in the end. Just try to make it a good one.
  • #512,010
  • Aug 5, 2011 8:35am Aug 5, 2011 8:35am
Quoting PayTheLimit
hope you get it..
looking @ S&P500 at the same time...looks realistic...but will see...
big numbers are our friends...
  • #512,011
  • Aug 5, 2011 8:35am Aug 5, 2011 8:35am
Catch falling knife. I'm All in. Short.
Always account for variable change..
  • #512,012
  • Aug 5, 2011 8:36am Aug 5, 2011 8:36am
flat, I took the money...fuck it..
Look Sharp/Trade Tight
  • #512,013
  • Aug 5, 2011 8:36am Aug 5, 2011 8:36am
Quoting kuroro001
Aren't you short with your whole account ?
Was joke. I not so stupid.
In Trading need a sense of humor
Once scalper always scalper
  • #512,014
  • Aug 5, 2011 8:36am Aug 5, 2011 8:36am
Quoting buonvangvn
Hold Long
  • #512,015
  • Aug 5, 2011 8:37am Aug 5, 2011 8:37am
I'm not sure how this up-move is surprising to anyone. It was pretty obvious we put in a short-term bottom last night. I'll be watching for stalling in the high 1.42s and up through 1.4300, but I don't expect to see it all play out today. While we could get that high today, I just don't see the full cycle happening (run up, stall, confirmation), therefore, I probably won't be messing with shorts and just holding the GBP/USD longs still.
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check out my blog: forexmademillionaire dot com
  • #512,016
  • Aug 5, 2011 8:37am Aug 5, 2011 8:37am
Quoting PayTheLimit
cloggs, he trades every day, saturdays too..
Wow. That's amazing...
  • #512,017
  • Aug 5, 2011 8:37am Aug 5, 2011 8:37am
Quoting PayTheLimit
flat, I took the money...fuck it..
31.9 scared me off...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 15 KB
Look Sharp/Trade Tight
  • #512,018
  • Aug 5, 2011 8:37am Aug 5, 2011 8:37am
Closed long after news better than expected and short and it's up. How funny

Still need more learning with analysis the chart this weekend!
  • #512,019
  • Aug 5, 2011 8:37am Aug 5, 2011 8:37am
Quoting sofia101
you still maybe Ok I can see 4220-30 ,but very risky trade,good luck
LOL that was last night
  • #512,020
  • Aug 5, 2011 8:38am Aug 5, 2011 8:38am
ALL IN. SL at BE.
Always account for variable change..
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