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  • #549,521
  • Oct 12, 2011 5:19am Oct 12, 2011 5:19am
Marcozy doing nothing for EU countries but a lot of commitments and swapping currency to restore confidence.
Will it solve eurozone crisis?
Fed must take action against their unfair activities. But i believe fed won't do it because of some political reason.
You cannot learn better without losing
  • #549,522
  • Oct 12, 2011 5:20am Oct 12, 2011 5:20am
Too many speculation here and there,Lets stick with the simple chart once again..expecting rising wedge

http://img696.imageshack.us/img696/5...iteversion.png
If there was easy money lying around,no one would be forcing it into your
  • #549,523
  • Edited 5:46am Oct 12, 2011 5:20am | Edited 5:46am
Bear may take over... Waiting For good news =)
1M & 5M scalper. 1Malaysia..
  • #549,524
  • Oct 12, 2011 5:21am Oct 12, 2011 5:21am
Quoting dokijoon
can anyone diagnose my disease?
I am a seller man and really can not buy currencies.
I just like to sell them at reversal points, nothing else, except than the big moves after main news.
Most common error in trading is trying to catch a bottom or top and not diagnosing the trend. I have that problem myself - it's only natural to try to look for a "bargain". The markets are also based on emotion so what might seem like a bargain can keep shooting off like a rocket or fall like a rock. Unless your in a range.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #549,525
  • Oct 12, 2011 5:21am Oct 12, 2011 5:21am
Quoting AngelPips
Bull may take over... Waiting For good news =)
Hi Angel, First of all : Satu malaysia.
Second: How did you found that nice Sell limit?
Rider of BIIIIG Moves!
  • #549,526
  • Oct 12, 2011 5:24am Oct 12, 2011 5:24am
c'mon bears...!

already up + 25
  • #549,527
  • Oct 12, 2011 5:24am Oct 12, 2011 5:24am
Quoting micho
yep some breakouts are false... but according to what i know this might be a good one.... i've been waiting for 2 days to long the 4h trend now its the time
Micho, add me on your yahoo. i have something here to discuss.
my yahoo id is amir_mehdi

thanks
  • #549,528
  • Oct 12, 2011 5:25am Oct 12, 2011 5:25am
Quoting CorBlimeyGuv
simple, bear is claw bull buttocks 1356 pips anal cleansing for 5 weeks

You make me smile man
haha,its soo...Porn!!! u mentioned Anal!!??
  • #549,529
  • Oct 12, 2011 5:26am Oct 12, 2011 5:26am
Quoting england33
Most common error in trading is trying to catch a bottom or top and not diagnosing the trend. I have that problem myself - it's only natural to try to look for a "bargain".
Hi England33,
actually I also follow the volume not onlyn the price, also the news and political and financial issues to decide to go short on a top or not.
I also found that in a bullish day (starting the day from London Time), I can look at the chart and expect to have a fall in EUR/USD pair after 8:0pm London time till before the Tokyo opens.
Rider of BIIIIG Moves!
  • #549,530
  • Oct 12, 2011 5:27am Oct 12, 2011 5:27am
ok i was nuts enough to short. was down 20 pips settle for 1 pip gain lol. that sucked! I wan't to short badely!!! I think I give up for today I missed the upmove was the problem. Good luck trading!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #549,531
  • Oct 12, 2011 5:32am Oct 12, 2011 5:32am
Quoting dokijoon
Hi Angel, First of all : Satu malaysia.
Second: How did you found that nice Sell limit?
Hi Dokijoon, My chart told me.. =) There is R3 on my chart actly.. E/U still can move up, but mbe R3 is the best position to set Sell Limit.. =) Did u follow me? hehe
1M & 5M scalper. 1Malaysia..
  • #549,532
  • Oct 12, 2011 5:32am Oct 12, 2011 5:32am
Markel and Kozy announced they will recapitalize EU banks.

After bull broke major resistance 1.37; German finance minister said: they don't need to recapitalize their banks. What the hell they are saying actually?
You cannot learn better without losing
  • #549,533
  • Oct 12, 2011 5:34am Oct 12, 2011 5:34am
Quoting iqyu5an
Thanks Mate
If there was easy money lying around,no one would be forcing it into your
  • #549,534
  • Oct 12, 2011 5:34am Oct 12, 2011 5:34am
Sell 1.37777
Like this lucky number
TP 1.3650
Once scalper always scalper
  • #549,535
  • Oct 12, 2011 5:35am Oct 12, 2011 5:35am
Quoting forexings
Markel and Kozy announced they will recapitalize EU banks.

After bull broke major resistance 1.37; German finance minister said: they don't need to recapitalize their banks. What the hell they are saying actually?
they can't without approval - that is just a proposal. they need the final vote.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #549,536
  • Oct 12, 2011 5:36am Oct 12, 2011 5:36am
Quoting mario83
if you look at usdx its on support now and i believe we should c reversal now. Still holding my short from 3795, lets c what happens
closed for +22, now lets see whats next
  • #549,537
  • Oct 12, 2011 5:36am Oct 12, 2011 5:36am
Quoting england33
ok i was nuts enough to short. was down 20 pips settle for 1 pip gain lol. that sucked! I wan't to short badely!!! I think I give up for today I missed the upmove was the problem. Good luck trading!
So you 'missed' the upmove, therefore you better short, because it's more likely it'll go down fifty pips than up another fifty pips? A 'bargain' may have been 3780 for a ride up to 3850. Well, it's more likely the day will continue in same direction, and won't 'change' trends just because you want it too.
  • #549,538
  • Oct 12, 2011 5:37am Oct 12, 2011 5:37am
Quoting adam777
Hi FXMindset

Maybe, but I'm sure it will continue sideways till it hits that red line of yours

... been waiting for a break down short from my flag on the 4h .. or if it breaks above this trading range then go long to the next level

.
Life's Good and Simple Adam
If there was easy money lying around,no one would be forcing it into your
  • #549,539
  • Oct 12, 2011 5:37am Oct 12, 2011 5:37am
Quoting Paris13
1H chart, reverse H&S sept.28th-29th... target 1.3740s
May not see it today but it remains as my next target.


The last upside failure from the Aug 30th downside move is the Sept.7th- 20:00GMT candle.
The limit target from this faliure is 1.4167 This is the final target from my 1.3194 entry. It will also satisfy a reverse bucket price formed on Sep 6th @ 9:00GMT
Given the large amount of noise between current price and 1.41, this will be a long shot but will remain as my target.
Happy Trading
  • #549,540
  • Oct 12, 2011 5:39am Oct 12, 2011 5:39am
Quoting Clouds
So you 'missed' the upmove, therefore you better short, because it's more likely it'll go down fifty pips than up another fifty pips? A 'bargain' may have been 3780 for a ride up to 3850. Well, it's more likely the day will continue in same direction, and won't 'change' trends just because you want it too.
China give up for today They continue tomorrow
Once scalper always scalper
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