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EURUSD

  • #549,661
  • Oct 12, 2011 8:04am Oct 12, 2011 8:04am
Eyeing 1,372x support before a bounce or further move down
COT: The precious data ignored
  • #549,662
  • Oct 12, 2011 8:04am Oct 12, 2011 8:04am
I think this is the right time to announce QE3 because all pairs overdone their job. Therefore there is not enough space to react on QE3.

Lets see what FOMC says.
You cannot learn better without losing
  • #549,663
  • Oct 12, 2011 8:14am Oct 12, 2011 8:14am
;]
looking for investors . pm me
  • #549,664
  • Oct 12, 2011 8:16am Oct 12, 2011 8:16am
Did anyone finally buy that retracement?
Or ya all scared the world is gonna end in 3 weeks?

off to the gym,

tp
  • #549,665
  • Oct 12, 2011 8:21am Oct 12, 2011 8:21am
That blue line? It kinda wants to get there.

http://www.forexfactory.com/showthre...48#post5031348

Note how 3650 acted.

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  • #549,666
  • Oct 12, 2011 8:28am Oct 12, 2011 8:28am
Today just statement from last meeting, therefore no QE3 anoncement.
  • #549,667
  • Oct 12, 2011 8:31am Oct 12, 2011 8:31am
Quoting attila
Just out of curiosity. Why 3700 and not 3600 while we're at it? Any reasons at all?... I see you never posted a chart but you are full of bull shit targets.
Atilla, seeing as you asked so nicely, I'll explain.

I work to my system.

I look for opportunities to get a number of pips I am happy with. Sometimes it's 25-30, sometimes its 50-60, in this case, Attila, I am looking for the round hun-dred.

Thanks all the same for your kind words. It's not bullshit, it's just the way I am comfortable with trading (and it actually proves to be pretty successful.)
  • #549,668
  • Oct 12, 2011 8:33am Oct 12, 2011 8:33am
Quoting duyk20
....Left no single pip behind
Oh no still trying to pick top and bottoms?...lots of pips behind here ... well I guess we are in completely different leagues bro...

Anyway, case close and GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #549,669
  • Oct 12, 2011 8:35am Oct 12, 2011 8:35am
I see. You should have that disclaimer before you call targets: "I am still working on my system, and my targets are called out of blue air". And so, as I believe in the freedom of speech... Fire away...

Quoting FXConveyor
Atilla, seeing as you asked so nicely, I'll explain.

I work to my system.

I look for opportunities to get a number of pips I am happy with. Sometimes it's 25-30, sometimes its 50-60, in this case, Attila, I am looking for the round hun-dred.

Thanks all the same for your kind words. It's not bullshit, it's just the way I am comfortable with trading (and it actually proves to be pretty successful.)
  • #549,670
  • Oct 12, 2011 8:38am Oct 12, 2011 8:38am
In Daily chart there is a touch of 50 EMA @ Round Number 1.38. I am short from there. Will stay in for the next 1-2 days...
You are allowed to fall but you are imposed to get up!
  • #549,671
  • Oct 12, 2011 8:43am Oct 12, 2011 8:43am
Quoting attila
I see. You should have that disclaimer before you call targets: "I am still working on my system, and my targets are called out of blue air". And so, as I believe in the freedom of speech... Fire away...
I'm still working on my system and I pull my sh*t out of my butt. Honestly, I'm not shitting you.
  • #549,672
  • Oct 12, 2011 8:44am Oct 12, 2011 8:44am
Quoting attila
I see. You should have that disclaimer before you call targets: "I am still working on my system, and my targets are called out of blue air". And so, as I believe in the freedom of speech... Fire away...
That's the whole point. The number is not picked out of the air.

I have followed this system for 2 years and it is profitable for me. That's what I care about. Apologies that I have upset such an experienced trader who probably spends hours looking at charts, where it is actually quite simple to make money if you are disciplined and understand daily range boundaries and the probability that you will get some retrace (no matter how small) and depending on the news worthiness of the day.
  • #549,673
  • Oct 12, 2011 8:45am Oct 12, 2011 8:45am
Need spike down to see if able to buy up to 1.3840 aroundbouts.

Furthermore to shake off weak longs, no matter if news-related or technical.
They think they are smarter than I am.
  • #549,674
  • Edited 8:59am Oct 12, 2011 8:57am | Edited 8:59am
Target 1.45 this year!!
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" you can't consume more than you produce "
  • #549,675
  • Oct 12, 2011 8:58am Oct 12, 2011 8:58am
Quoting FXConveyor
That's the whole point. The number is not picked out of the air.
You are twisting it. See? Not fair. I never had a problem with your entry. I do that all the time, but I did question your target of 3700 because it was based on nothing, except probably a wild guess. We will get back to 3700. Question is when. So your argument doesn't stand. You did not upset me. It takes a lot for me to get upset although I know it was put in a condescending way.
  • #549,676
  • Oct 12, 2011 8:58am Oct 12, 2011 8:58am
any guys trading Eur/Jpy here? i see on mthly chart that this pair is on a Bear Trend & perhaps this few days of rally is a 'decoy'??
  • #549,677
  • Oct 12, 2011 9:01am Oct 12, 2011 9:01am
Quoting KiwiTrada
OK helmit on
For what it's worth bro. I really don't get it. I don't think this thread will ever change. I used to think the newbies(newbie traders not newbie FFers) were supposed to learn from the big vouch holders. I do not wish to mention names but it is really disheartening when you see the highly vouched ones misleading the newbies. Just can't stop thinking about the poor newbies that would have lost their money this week thanks to FF. I always keep in mind the four category of people on FF.
Don't just beat the markets, leave bruises.
  • #549,678
  • Oct 12, 2011 9:01am Oct 12, 2011 9:01am
Quoting Serge Pe
Today just statement from last meeting, therefore no QE3 anoncement.
There is no specific rule in eurozone. What they announce at morning they can deny at evening.
So why not Fed take some bravery attempt to punish it?
You cannot learn better without losing
  • #549,679
  • Oct 12, 2011 9:03am Oct 12, 2011 9:03am
long from 101.95, target 113.( look to h4)
Quoting fxking
any guys trading Eur/Jpy here? i see on mthly chart that this pair is on a Bear Trend & perhaps this few days of rally is a 'decoy'??
" you can't consume more than you produce "
  • #549,680
  • Oct 12, 2011 9:04am Oct 12, 2011 9:04am
Quoting attila
You are twisting it. See? Not fair. I never had a problem with your entry. I do that all the time, but I did question your target of 3700 because it was based on nothing, except probably a wild guess. We will get back to 3700. Question is when. So your argument doesn't stand. You did not upset me. It takes a lot for me to get upset although I know it was put in a condescending way.
Fair enough, but just as a final point, I agree that we probably will get back to 36. The difference is, that I like to turn my trades around from open to close in less than 24 hours, even if it means I have to risk losing some pips if doing so. It sounds to me like you are happy to leave trades open for a few days at a time and maybe that's where our methods differ.

Good luck with the trading.
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