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  • #1,521
  • Aug 23, 2011 12:07pm Aug 23, 2011 12:07pm
Quoting needpips
Kinda torn here...not seeing the momentum for north....so we wait...Im bias SH
Yes, we could just sit here for many hours.
  • #1,522
  • Aug 23, 2011 12:09pm Aug 23, 2011 12:09pm
Quoting Venice
I can't say I really understand the sellers at 28 here. I popped in a long at 4413, but there just isn't enough to move at the moment. Sellers, or algos or whatever it is are pretty firm at the moment.
I will watch the 19 area and if we get much below that, I will most likely exit and give it a few hours. But I think 19 holds the decision.
  • #1,523
  • Aug 23, 2011 12:10pm Aug 23, 2011 12:10pm
Quoting Venice
I can't say I really understand the sellers at 28 here. I popped in a long at 4413, but there just isn't enough to move at the moment. Sellers, or algos or whatever it is are pretty firm at the moment.

No sellers here, not a lot of momentum or appetite to drive this North very fast either.

I covered mine earlier only because I couldn't be bothered to watch them anymore really. There is a minor at 34, one at 38-ish and then 60-ish, you may well hold on to the darn long for the next 4 hours before it goes anywhere. Gold taking a nose dive, equities still rallying, not looking good for a decent move on this pair.

Just don't go selling it just yet.
  • #1,524
  • Aug 23, 2011 12:11pm Aug 23, 2011 12:11pm
Quoting PipChick
I will watch the 19 area and if we get much below that, I will most likely exit and give it a few hours. But I think 19 holds the decision.
Ah, here we go! Finally. As long as we can close above 4430 we should get to 4460.
  • #1,525
  • Aug 23, 2011 12:12pm Aug 23, 2011 12:12pm
Anyways, only behind the screens to do a bit of housekeeping so won't be here long. Not trading any of this, the book is covered.
  • #1,526
  • Aug 23, 2011 12:12pm Aug 23, 2011 12:12pm
Quoting cloggie
There is a minor at 34,

Here it is.
  • #1,527
  • Aug 23, 2011 12:12pm Aug 23, 2011 12:12pm
Quoting Venice
I can't say I really understand the sellers at 28 here. I popped in a long at 4413, but there just isn't enough to move at the moment. Sellers, or algos or whatever it is are pretty firm at the moment.

Edit: Just looked at community sentiment. 63% bias to the short side.
which community....how did u check sentiment
  • #1,528
  • Aug 23, 2011 12:13pm Aug 23, 2011 12:13pm
Quoting cloggie
No sellers here, not a lot of momentum or appetite to drive this North very fast either.

I covered mine earlier only because I couldn't be bothered to watch them anymore really. There is a minor at 34, one at 38-ish and then 60-ish, you may well hold on to the darn long for the next 4 hours before it goes anywhere. Gold taking a nose dive, equities still rallying, not looking good for a decent move on this pair.

Just don't go selling it just yet.
Agree on the selling thing cloggie.
  • #1,529
  • Aug 23, 2011 12:14pm Aug 23, 2011 12:14pm
Quoting needpips
which community....how did u check sentiment

Venice is a bit sad and lonely, he counts all the trade calls at the eurotrash thread............
  • #1,530
  • Aug 23, 2011 12:14pm Aug 23, 2011 12:14pm
Quoting cloggie
Venice is a bit sad and lonely, he counts all the trade calls at the eurotrash thread............
lol...

Pinged in from

http://www.myfxbook.com/community/outlook
  • #1,531
  • Aug 23, 2011 12:14pm Aug 23, 2011 12:14pm
If we get to 42, I will scale out and then place SL at BE. hey...thats an if/then statement.lol
  • #1,532
  • Aug 23, 2011 12:14pm Aug 23, 2011 12:14pm
Quoting cloggie
one at 38-ish.

Here is 2
  • #1,533
  • Aug 23, 2011 12:16pm Aug 23, 2011 12:16pm
Quoting Venice
lol...

Pinged in from

http://www.myfxbook.com/community/outlook

Feckin heck they are an average of 152 pips underwater, they are feckin worse then the eu thread. What a load of tosh. Are there really that many crap traders around? We need a good WTF do clear the decks there a bit.
  • #1,534
  • Aug 23, 2011 12:17pm Aug 23, 2011 12:17pm
Quoting cloggie
Feckin heck they are an average of 152 pips underwater, they are feckin worse then the eu thread. What a load of tosh. Are there really that many crap traders around? We need a good WTF do clear the decks there a bit.
Yep... it's amazing. you should have seen it the last few weeks. Several were 1000+ underwater.

And that is AVERAGE.

I try to pull those stats up a bit, but to no avail. lol

The farther we go up, the more biased to the short side it becomes.
  • #1,535
  • Aug 23, 2011 12:17pm Aug 23, 2011 12:17pm
The bullish 15m ABC remained intact and the 4hr bullish ABC remains intact.
The FE100 for the 15m sits at 4512.
The FE100 for the 4hr sits at 4631, but one step at a time...
  • #1,536
  • Aug 23, 2011 12:18pm Aug 23, 2011 12:18pm
Protective stops in 4413 long, still targeting 60.

You have the ball, market.
  • #1,537
  • Aug 23, 2011 12:18pm Aug 23, 2011 12:18pm
Quoting Venice
Yep... it's amazing. you should have seen it the last few weeks. Several were 1000+ underwater.

And that is AVERAGE.

I try to pull those stats up a bit, but to no avail. lol

The farther we go up, the more biased to the short side it becomes.

  • #1,538
  • Aug 23, 2011 12:18pm Aug 23, 2011 12:18pm
This thread has been good today, just about everyone is looking at exactly the same thing and waits for just about the same setups, Needpips needs to learn a bit of patience. We even have a few decent countertraders here.....


Hmmmm, will it last..... Let's try kids.



l8r y'all, see you at the FO
  • #1,539
  • Aug 23, 2011 12:19pm Aug 23, 2011 12:19pm
We have not met the H1 target yet. (and we may not meet it when its all said and done) but thats what I am shooting for at the moment ,or should I say thats what I am shooting for until the charts tell me not to.. May take 1 or many trades to get there..lolol
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  • #1,540
  • Aug 23, 2011 12:20pm Aug 23, 2011 12:20pm
Quoting ukdaytrader
The bullish 15m ABC remained intact and the 4hr bullish ABC remains intact.
The FE100 for the 15m sits at 4512.
The FE100 for the 4hr sits at 4631, but one step at a time...
I am seeing what you are seeing UK
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