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  • #543,601
  • Sep 26, 2011 5:07am Sep 26, 2011 5:07am
Quoting viljam
I don't see any up trend coming any time soon.
the most reasonable post among all others
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  • #543,602
  • Sep 26, 2011 5:08am Sep 26, 2011 5:08am
Quoting XDorkX
A SL in place? or just riding it out?
1643 is my R level. dont even want it to reach there.. but whether i short one more there.. or close this.. dont know
  • #543,603
  • Sep 26, 2011 5:09am Sep 26, 2011 5:09am
Quoting viljam
In what terms are you speaking I don't see any up trend coming any time soon. If you trade short term then yes but in week time still goes down..
Its not weekly term, it is short term, I am speaking for the next 30 minutes-till 2 hours potential, yah perhaps possible
" Accepting losses is the most important single investment devise "
  • #543,604
  • Sep 26, 2011 5:11am Sep 26, 2011 5:11am
Quoting Forbes55
the most reasonable post among all others
yep we will see, I took my second long from 13447
" Accepting losses is the most important single investment devise "
  • #543,605
  • Sep 26, 2011 5:13am Sep 26, 2011 5:13am
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting $maker
1643 is my R level. dont even want it to reach there.. but whether i short one more there.. or close this.. dont know
If it makes ya feel any better I'm short EUR @ .3422 haha
  • #543,606
  • Sep 26, 2011 5:16am Sep 26, 2011 5:16am
Quoting freedom48
yep we will see, I took my second long from 13447
and I will take another short and close with profit and another and another 'cause I know and even you know that H4, D1 and weekly are clearly deep downtrend, that's all you should know
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  • #543,607
  • Sep 26, 2011 5:17am Sep 26, 2011 5:17am
price rejected at 61.8 fib retrace plus 3-bar swing
Attached Image (click to enlarge)
Click to Enlarge Name: euretrace.gif Size: 13 KB
TRADE FOR SWAP
  • #543,608
  • Sep 26, 2011 5:18am Sep 26, 2011 5:18am
Bit risky to be buying EUR. Would just look to accumulating short positions until downward trend really takes off. Just a matter of surviving the volatility for now i think.
  • #543,609
  • Sep 26, 2011 5:21am Sep 26, 2011 5:21am
kiss of death level triggered ; buying eur here has 90% risk factor.
  • #543,610
  • Sep 26, 2011 5:25am Sep 26, 2011 5:25am
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting hindustani
kiss of death level triggered ; buying eur here has 90% risk factor.
what theeee hell is that?
  • #543,611
  • Sep 26, 2011 5:25am Sep 26, 2011 5:25am
Quoting Forbes55
and I will take another short and close with profit and another and another 'cause I know and even you know that H4, D1 and weekly are clearly deep downtrend, that's all you should know

I think you are right, I hope you are right. On the weekly charts for the last five weeks there have been a series of lower highs and lower lows which is bearish. This week has week has already made a lower low by some 20 pips and it would be nice to see more. However it is only Monday and lots of week left.
  • #543,612
  • Sep 26, 2011 5:32am Sep 26, 2011 5:32am
Quoting Forbes55
and I will take another short and close with profit and another and another 'cause I know and even you know that H4, D1 and weekly are clearly deep downtrend, that's all you should know

Okey,,its not a fight between us, the long term is a downtrend I see , but İt can change to move to the upper side for at least short term, already I have tight SL 15 and already took from 13447. If my chart will blink me on 30M green I will give a try for 50 pips tp.. It is now in the middle, maybe you are right and it will explode to the down, maybe I am right it will make a short upmove..
" Accepting losses is the most important single investment devise "
  • #543,613
  • Sep 26, 2011 5:32am Sep 26, 2011 5:32am
Good Morning Traders

Here’s a quick review of EURUSD at 11am (London)
After Monday London session opening there are visible clear signs of consolidation on most charts.
The pair found buyers and support on 1.35500 and for this moment it seems to be a solid ground.
It is a congestion of few Fibo level, Fibo extensions and S/R… Perfect "reversal zone"
It’s very interesting setup now and I am expecting nice retracement on EURUSD for beginning of this week.
However weekly and daily charts have generated strong bearish signals.
I consider the upward movement to be only corrective on its further way down to 1.2900 area within next week or two.
So for now I am looking for good LONG entry point to grab few pips, keeping in mind that sooner or a later the market can reverse…

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 102 KB
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  • #543,614
  • Sep 26, 2011 5:35am Sep 26, 2011 5:35am
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting halkins
Good Morning Traders

Here’s a quick review of EURUSD at 11am (London)
After Monday London
Great analysis thank you.
  • #543,615
  • Sep 26, 2011 5:35am Sep 26, 2011 5:35am
Quoting XDorkX
what theeee hell is that?
Better to remain silent and be thought a fool, than to speak and remove all doubt.
  • #543,616
  • Sep 26, 2011 5:36am Sep 26, 2011 5:36am
Hi all,does anyone referring TF H2 & H8?.
patient is my attitude, rushing is a dog
  • #543,617
  • Sep 26, 2011 5:37am Sep 26, 2011 5:37am
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting hindustani
Better to remain silent and be thought a fool, than to speak and remove all doubt.
I'm serious, I'm new to forex trading and I would really like to know what the kiss of death is and the name of this indicator is crazy/awesome.

No reason to get all emotional like a little girl.
  • #543,618
  • Sep 26, 2011 5:41am Sep 26, 2011 5:41am
Quoting hindustani
Better to remain silent and be thought a fool, than to speak and remove all doubt.
Worth a chuckle...lol

Some funny stuff here since the "useless" guys left!
  • #543,619
  • Sep 26, 2011 5:44am Sep 26, 2011 5:44am
Quoting XDorkX
I'm serious, I'm new to forex trading and I would really like to know what the kiss of death is and the name of this indicator is crazy/awesome.

No reason to get all emotional like a little girl.
4 hour strong resistance

too early for eur to show any reversal signs

scalping yes, reversal no
  • #543,620
  • Sep 26, 2011 5:44am Sep 26, 2011 5:44am
Quoting halkins
Good Morning Traders


The pair found buyers and support on 1.35500 and for this moment it seems to be a solid ground.
It is a congestion of few Fibo level, Fibo extensions and S/R… Perfect "reversal zone"
Last target is do-able, maybe even lower,
but there's no chance we do 1.4 in the near future. Maybe with some alien euro bail-out.
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