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EURUSD

  • #534,621
  • Sep 5, 2011 4:02pm Sep 5, 2011 4:02pm
Quoting Chillypiper
Dude, hope your MM is correct she may dip further down..
MM doesn't help when adding to a losing trade
Live to Trade FX - Trade FX to Live
  • #534,622
  • Sep 5, 2011 4:09pm Sep 5, 2011 4:09pm
EURUSD might bounce up quickly from here
also NZDUSD... no short term trade zone, also AUDUSD
When life gives you lemons, make lemonade
  • #534,623
  • Sep 5, 2011 4:12pm Sep 5, 2011 4:12pm
Quoting mainlinefx
MM doesn't help when adding to a losing trade
Your right, but not every one is a winner too, so you should be prepared. Hopefully your not betting the ranch. Good luck!
  • #534,624
  • Sep 5, 2011 4:13pm Sep 5, 2011 4:13pm
Quoting micho
EURUSD might bounce up quickly from here
also NZDUSD... no short term trade zone, also AUDUSD
I think, it would be better to let it bounce first, before doing anything. This market is a monster.
The Thief of Wall Street
  • #534,625
  • Sep 5, 2011 4:22pm Sep 5, 2011 4:22pm
Quoting johncen
morning all...
last night wasnt good night for sclap buyers...
all of my sclap longs hit sl...damn...
probably I should wait for 4000 to come...~
Morning Bro

Yes scalpers was slim pickings, check my posts right from open, most including myself, was discuss gaps close, virtually all my post were to be cautious with longs,, then I tried scalping longs I hate bulls have for years, was my greed bro, should have took my own advice and waited close then try defend my beautiful bears, no great losses, just stupid losses
Was do my head in bro, enter bull, then hope my bears get the bash, I feel violated, I have good shorts running from well above, every pip they was make, I lose a pip trading against them, now after a good sleep, I look, if my leg not have plaster I would kick it.
I just see I have vouch, I dont know who give them, I need to thank, I will give you vouch when I know how bro, you is green yes, but you have good feeling for market, nice levels, nice chart, good information research, and politete everyone, this forum just for that, help everyone make a pips, you honest to bro, you admit when you lose a pips
If you are new to Forex? Say Goodbye to your account!!
  • #534,626
  • Sep 5, 2011 4:23pm Sep 5, 2011 4:23pm
I am still waiting for a confirmed bounce before I go long ,but having a cheeky scalp on 5m tf with lil to risk ,see what happens tomo ,bears are still in full force
  • #534,627
  • Sep 5, 2011 4:26pm Sep 5, 2011 4:26pm
I have found from past mostly trading shorts have made me more profitable then trading longs for some reason also tp is more likely to hit faster when in shorts then in longs
  • #534,628
  • Sep 5, 2011 4:35pm Sep 5, 2011 4:35pm
Quoting haytham_1985
i hit yesterday and i am still long @ 1.4200 and 1.4195 and i really wish to fix this issue i think it will be bullish next 3 hours
Channel is closing down on the 4060 support level so if it aint broken up by london open (actually long before), then I guess its going further south - 4020/3960/etc...
  • #534,629
  • Sep 5, 2011 4:37pm Sep 5, 2011 4:37pm
Quoting Chicky
This market is a monster.
Snakes & Ladders comes to mind
  • #534,630
  • Edited 5:03pm Sep 5, 2011 4:50pm | Edited 5:03pm
This is my 1st post, so it wont show up for a while. I've been short the EUR from the 1.43s. It's now in the 1.4060s. My thinking is that if it breaks down from here, 1.40 or lower will come rather quickly.
  • #534,631
  • Edited 4:53pm Sep 5, 2011 4:51pm | Edited 4:53pm
Goodday,everyone.I'm new here and i need your help pls.How will the "home loans m/m" affect the AUD?should I BUY or SELL when its time?Thanks.
  • #534,632
  • Sep 5, 2011 5:06pm Sep 5, 2011 5:06pm
Quoting plantman
This is my 1st post, so it wont show up for a while. I've been short the EUR from the 1.43s. It's now in the 1.4060s. My thinking is that if it breaks down from here, 1.40 or lower will come rather quickly.
Just waiting to see if a tentative upward pitch folk channel holds for the next couple of minutes - if it doesnt - 4020 here we come...
  • #534,633
  • Sep 5, 2011 5:07pm Sep 5, 2011 5:07pm
Quoting johnanisere
Goodday,everyone.I'm new here and i need your help pls.How will the "home loans m/m" affect the AUD?should I BUY or SELL when its time?Thanks.
hard to tell, expecting bad news , but it might already priced in , if it's good news it might be game changer
Mohan
  • #534,634
  • Sep 5, 2011 5:08pm Sep 5, 2011 5:08pm
Hi guys and gals!

I am a little confused. Is this 1H trend bearish or bullish?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled86.jpg Size: 90 KB
The Thief of Wall Street
  • #534,635
  • Sep 5, 2011 5:13pm Sep 5, 2011 5:13pm
Morning

I have attach EU AU 4hr charts
Can clearly see why try long scalps last night, although I fail I still believe there is good probability of bounce, 1st support defended has breach yes, but 2nd support is now, against all sanity I is scalp long target 74 pip EU 83 pip AU
I believe both at very good support, both long term tagets a well below here!!
What you peoples thinking
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU 4hr 9 6 2011.png Size: 49 KB
Click to Enlarge Name: AU 4hr 9 6 2011.png Size: 45 KB
If you are new to Forex? Say Goodbye to your account!!
  • #534,636
  • Sep 5, 2011 5:13pm Sep 5, 2011 5:13pm
Quoting Chicky
I think, it would be better to let it bounce first, before doing anything. This market is a monster.
Hey Chicky, not sure if your holy grail would agree, but based on the 1H chart, the big boys are ready to pull the trigger. Even at a time when few trades are usually placed (post 5PM EST), the volume has been quite high today and the move was downward, indicating selling, but also buying up in large quantities.

http://content.screencast.com/users/...09-05_2019.png
  • #534,637
  • Sep 5, 2011 5:14pm Sep 5, 2011 5:14pm
Quoting Chicky
Hi guys and gals!

I am a little confused. Is this 1H trend bearish or bullish?
i feel bear bottom , but lot of bull got shot by snapper do you want to bet on bull ?
Mohan
  • #534,638
  • Sep 5, 2011 5:15pm Sep 5, 2011 5:15pm
Quoting Chicky
Hi guys and gals!

I am a little confused. Is this 1H trend bearish or bullish?
Bullish...Im long at 4065
  • #534,639
  • Edited 5:48pm Sep 5, 2011 5:22pm | Edited 5:48pm
Quoting needpips
Bullish...Im long at 4065
4069 - upward is holding on my projected breakout path since the last bounce. Should know for certain soon.

Edit: Path broken - doesnt look like its this bounce...
  • #534,640
  • Sep 5, 2011 5:30pm Sep 5, 2011 5:30pm
Looks to me like a bear flag is forming
http://rt2.it-finance.com/FXStreetLi...2689516332.gif
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