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EURUSD

  • #540,921
  • Sep 20, 2011 4:23pm Sep 20, 2011 4:23pm
Quoting Robertk
The only thing that goes BOOM is my head when I´m reading this text. Thanks for trying anyway
boom shaka laka boom
When life gives you lemons, make lemonade
  • #540,922
  • Sep 20, 2011 4:29pm Sep 20, 2011 4:29pm
what just happened with the chf ? 100 pips down and back in like 3mins...

clearing positions? why?
  • #540,923
  • Sep 20, 2011 4:29pm Sep 20, 2011 4:29pm
Quoting micho
boom shaka laka boom
Inserted Video


cool indian version
Have I got something on my face, SOLDIER?
  • #540,924
  • Sep 20, 2011 4:38pm Sep 20, 2011 4:38pm
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
I'm here for the long term (2 months), long USD @.3673 with play money, trying out this Forex stuff, getting my ass handed to me .
  • #540,925
  • Sep 20, 2011 4:41pm Sep 20, 2011 4:41pm
Quoting bumapatria
bullish divergence on m5.

good job to all bulls here. You guys probably got front-row seats to 'the move' expected.

im more precise, i like to be there on the seat when the movie actually starts
You're not measuring the divergence quite correctly.
If you are looking at the slope at the bottom of your oscillator, you need to combine this with the slope at the bottom of your price, (not the top).

And vice versa for bearish divergences.
  • #540,926
  • Sep 20, 2011 4:48pm Sep 20, 2011 4:48pm
Quoting forexboom
Hi,

where is written that 1.37 is high? Show me a piece of paper confirming it. Is 3 days I'm telling everybody that euro by the end of the week will be at 1.4030.

Why ehe everybody of you think to go SELL, please EXPLAIN ME!!



STOP with this SELL!!!!

is 3 days I'm telling the same words!!!

forexBOOM!!!

Whilst I do not rule out 1.40 for this week, your rationalle for it is poor, sorry.
We retraced to the 61.8 fibo on the Weekly TF, (not 50%). We have seen a reasonable bounce off this level, but we cannot completely rule out a dip to the 78.6 fibo at 3320.
BUT, there are shorter term reasons to be bullish.
  • #540,927
  • Sep 20, 2011 4:51pm Sep 20, 2011 4:51pm
Quoting ukdaytrader
You're not measuring the divergence quite correctly.
If you are looking at the slope at the bottom of your oscillator, you need to combine this with the slope at the bottom of your price, (not the top).

And vice versa for bearish divergences.
oh okay. Im new to this divergence business, im just trying it out. if you see my chart above wasnt it a correct placement even though the divergence already created a move uP?
Have I got something on my face, SOLDIER?
  • #540,928
  • Sep 20, 2011 4:53pm Sep 20, 2011 4:53pm
Quoting ukdaytrader
Whilst I do not rule out 1.40 for this week, your rationalle for it is poor, sorry.
We retraced to the 61.8 fibo on the Weekly TF, (not 50%). We have seen a reasonable bounce off this level, but we cannot completely rule out a dip to the 78.6 fibo at 3320.
BUT, there are shorter term reasons to be bullish.
u werent here when he was basically just doing that all day. "Buy, buy, close sell orders." if you really are a pro, you wouldn't tell people to do something you tell them why.
Have I got something on my face, SOLDIER?
  • #540,929
  • Sep 20, 2011 4:53pm Sep 20, 2011 4:53pm
Quoting bumapatria
oh okay. Im new to this divergence business, im just trying it out. if you see my chart above wasnt it a correct placement even though the divergence already created a move uP?
ok but if you are talking about the 5M chart... the move will be short lived because another contradictory signal can be generated anytime every 5 minutes on next candle closures signaling you to exit your position... whereas if you play on the higher time frames at the same time, it will take more time to lose your signal

you know what i mean
When life gives you lemons, make lemonade
  • #540,930
  • Sep 20, 2011 4:56pm Sep 20, 2011 4:56pm
Quoting forexboom
Hi,

where is written that 1.37 is high? Show me a piece of paper confirming it. Is 3 days I'm telling everybody that euro by the end of the week will be at 1.4030.

Why ehe everybody of you think to go SELL, please EXPLAIN ME!!



STOP with this SELL!!!!

is 3 days I'm telling the same words!!!

forexBOOM!!!
How on earth can you be so damn certain. It's like me saying I'm going to buy a little later at 1.3649 100% certain. It's the market anything can happen.
  • #540,931
  • Sep 20, 2011 4:59pm Sep 20, 2011 4:59pm
Quoting micho
ok but if you are talking about the 5M chart... the move will be short lived because another contradictory signal can be generated anytime every 5 minutes on next candle closures signaling you to exit your position... whereas if you play on the higher time frames at the same time, it will take more time to lose your signal

you know what i mean
truly spoken.. hourly divergences are hard to spot. Like good entries
maybe im still new, but thanks micho!

More tools in my toolbox the better. As long as the toolbox wasnt as crowded as that dude's chart forgot his name
Have I got something on my face, SOLDIER?
  • #540,932
  • Sep 20, 2011 5:02pm Sep 20, 2011 5:02pm
Quoting Ultimate6
How on earth can you be so damn certain. It's like me saying I'm going to buy a little later at 1.3649 100% certain. It's the market anything can happen.
for the traders who work hard and post meaninful info, leave that ... dude.. alone. Leave him be. "ForexBoom"? the only thing that will 'boom' is you if you don't stop the nonsense.

trolls.
Have I got something on my face, SOLDIER?
  • #540,933
  • Sep 20, 2011 5:02pm Sep 20, 2011 5:02pm
while price is below the upper trendline the chance of testing 3672 or the lower trendline is likely. above the upper trendline and 3733 and 3782 is very likely. best scenario is wait for a dip for a buy or buy on a close and retest of the upper trendline.slighty risky option is sell below the upper trendline then buy the dip.
Attached Image (click to enlarge)
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REQUESTING NO VOUCHES.Vouches are useless.
  • #540,934
  • Sep 20, 2011 5:03pm Sep 20, 2011 5:03pm
Quoting Ultimate6
How on earth can you be so damn certain. It's like me saying I'm going to buy a little later at 1.3649 100% certain. It's the market anything can happen.
Let me help you out with this sort of logic.

Link.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #540,935
  • Sep 20, 2011 5:04pm Sep 20, 2011 5:04pm
Quoting ukdaytrader
Whilst I do not rule out 1.40 for this week, your rationalle for it is poor, sorry.
We retraced to the 61.8 fibo on the Weekly TF, (not 50%). We have seen a reasonable bounce off this level, but we cannot completely rule out a dip to the 78.6 fibo at 3320.
BUT, there are shorter term reasons to be bullish.
i agree with you ukdaytrader. this guy was a huge distraction today. i need to put him on ignore.
REQUESTING NO VOUCHES.Vouches are useless.
  • #540,936
  • Sep 20, 2011 5:05pm Sep 20, 2011 5:05pm
Quoting Magix
Let me help you out with this sort of logic.

Link.
Magix, it wont be fun not seeing this guy going "forexboom" when his sl is hunted.
is he getting paid to troll? @#@#% especially on a forex forum? God help us (mostly him.)

"forexcry.."
Have I got something on my face, SOLDIER?
  • #540,937
  • Sep 20, 2011 5:08pm Sep 20, 2011 5:08pm
Good day all, I am waiting for more of a confirmation, but I may be looking at shorting somewhere in the area of .3690...This is purely speculative, but I do not think it is ready to go up quite yet. As of right now, based on the chart posted by Pegasus, the downward channel has not been broken yet. If the top TL holds and it bounces down, I will be waiting with a short order. Anyone else on board?
  • #540,938
  • Sep 20, 2011 5:10pm Sep 20, 2011 5:10pm
My view for tomorrow and maybe after is bullish, but I'm not going to swear on my mother's life and post in massive capital letters.
  • #540,939
  • Sep 20, 2011 5:11pm Sep 20, 2011 5:11pm
Price is oscilating around weekly pivot.
"I know one thing, that I know nothing." Sokrates
  • #540,940
  • Sep 20, 2011 5:12pm Sep 20, 2011 5:12pm
Quoting Ultimate6
My view for tomorrow and maybe after is bullish, but I'm not going to swear on my mother's life and post in massive capital letters.
Why not, it would be a ForexBoom party...Right here in the EUR/USD thread!
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