EURUSD

USDX attached...

just cancel my TP on EU trade..
I will let the rest run...

12.00pm (London)
“If I were a rich man, yabadebebebedaaaa….”
Haha, yeah, this is what the old milkman Tevye used to sing (“Fiddler on the roof”)

What I am going to sing myself today is:
If I were a BIG BANK or BIG HEDGE FUND with millions of dollars account…

1. I would set up my BIG SELL ORDER between 1.34800-1.35000
2. see as price breaks through 1.3400, triggering all bearish stop-loss orders one by one
3. wait patiently for market to come to me
4. watch after all as price falls, laughing about all shocked bleeding bears

OK. Sorry to be a bit sarcastic, but more and more I read about going short @1.34000, more likely I am to go against it and push my Sell Order higher to 1.34800.

Why? Guys, stop-loss hunting technique is nothing new.
The big boys, banks, hedge funds, brokers can kill you all here with their one big purchase. All our 1lot, 5lots orders, let alone mini-lots are meaningless.
What big banks do is only 4, 5 transactions per month, but they are enough significant to affect price in the market.
They just set up their sell-order BEHIND your stop-loss and you are cooked for dinner.
One their big order and price will plough through your stop-loss like a combine through cornfield.

OK. Loads of news ahead today, so anything can happen, though if price bounce up I wouldn’t be looking for any shortage before price reach 1.34800-1.35000 zone. The alternative scenario is ECB or US Unemployment completely surprise the market and price plunges immediately to its previous lows, though it’s less probability scenario..
Mightbe I am wrong, but expect volatile markets anyway.

Here’s my "bounce-before-drop-scenario” if price breaks 1.3400 barrier

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Guys, I want to start new thread about FX-Options Trading. I need to collect vouchers.
If you find my analysis of any value I would appreciate any vouchers from those who are eligible.
Thanks a $MILLION.
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http://www.forexfactory.com/images/m...ading_dark.gif

most times, we trade the right pairs at the wrong times!

I did kiwi. No gap.

trade pause.. I will not trade until stabil moves..The price must stay stabil, not know wheere the PA goes, but I go to lunch..

GU gonna crazy. Nice move before bid rate.
ECB rate could down to 1% from 1.5%

what truly happened to GU,EU,EJ? strange

[quote=halkins;5017576]12.00pm (London)
“If I were a rich man, yabadebebebedaaaa….”
Haha, yeah, this is what the old milkman Tevye used to sing (“Fiddler on the roof”)

What I am going to sing myself today is:
If I were a BIG BANK or BIG HEDGE FUND with millions of dollars account…

1. I would set up my BIG SELL ORDER between 1.34800-1.35000
2. see as price breaks through 1.3400, triggering all bearish stop-loss orders one by one
3. wait patiently for market to come to me
4. watch after all as price falls, laughing about all shocked bleeding bears

OK. Sorry to be a bit sarcastic, but more and more I read about going short @1.34000, more likely I am to go against it and push my Sell Order higher to 1.34800.

Why? Guys, stop-loss hunting technique is nothing new.
The big boys, banks, hedge funds, brokers can kill you all here with their one big purchase. All our 1lot, 5lots orders, let alone mini-lots are meaningless.
What big banks do is only 4, 5 transactions per month, but they are enough significant to affect price in the market.
They just set up their sell-order BEHIND your stop-loss and you are cooked for dinner.
One their big order and price will plough through your stop-loss like a combine through cornfield.

OK. Loads of news ahead today, so anything can happen, though if price bounce up I wouldn’t be looking for any shortage before price reach 1.34800-1.35000 zone. The alternative scenario is ECB or US Unemployment completely surprise the market and price plunges immediately to its previous lows, though it’s less probability scenario..
Mightbe I am wrong, but expect volatile markets anyway.

Here’s my "bounce-before-drop-scenario” if price breaks 1.3400 barrier
Attachment

great analysis, but it looks like the party might already have started

... nice chart ... looks like mine, minus the zig-zag indicator

well, lets just be careful on the next news coming up in 15 mins.

if so falling knives....

break of 1 hr trendline, bears back in play??

EUR/USD pair shares the same fate as cable???

just wait for the news...

wait for interest rate before do any thing !

"boring" check your own avatar, and see if it matches pa

Man I could have burnt bum, just enter 2 scalp positions geppy in support of cable position, crap so glad they is bricks, fuck alerts everywhere,I shaking like a leaf, all trades trailing, notice Aussie is stilll walkabout she will catch up maybe

No offence to longers but bear has smahed your arse

Thats me i going get biggest strongest drink I can find

BBL

5m:

gotta hold below 3271 to really plummet

retrace on now

Reason why the down move bounced some at 1.3260, Profit taking or buying?
I QE2 launch of BOE to bring EU down with them, and confirmation by the next 4h candle to close below 1.3260.
Thoughts on my view?

PA really crazy!

below that its 3143 next target