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  • #551,021
  • Oct 17, 2011 3:35am Oct 17, 2011 3:35am
Quoting eu_trader
the trick is to always bet against what those analyst say...........if u take 5 analyst views on Eurusd, and 4 ouit of 5 of time thinks EURUSD will go UP, short it!!!!!!!!!!!!! cause they are paid to do fake information..........hahaha.........cause they need more buyers in the market so they have more liquidity to short it.............haha..........understand this and u will always profit
  • #551,022
  • Oct 17, 2011 3:44am Oct 17, 2011 3:44am
Quoting megajester
You must be feeling the pinch @ $20,000 a pip at what price will you cut your loses?
You mean $20 a pip? Or $2 a pip?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #551,023
  • Oct 17, 2011 3:47am Oct 17, 2011 3:47am
Bull Targets:
1: 3935.6
2: 3966.7

Most likely it will reach 1 and maybe 2. Will look at candles to short at those numbers.
  • #551,024
  • Oct 17, 2011 3:48am Oct 17, 2011 3:48am
Quoting eu_trader
macro view of the economy always works in forex......euro is in trouble and u see a strong rise in euro......what does it show u? There is price unstability. Most people are afraid to short the euro as it is rising.....only the 5% dares to.......muahahaha........therefore 95% fails while 5% succeed
Looks like 40% of Oanda traders 'dare to'. I'd question your sources, sir.

http://fxtrade.oanda.com/
check out my blog: forexmademillionaire dot com
  • #551,025
  • Oct 17, 2011 3:51am Oct 17, 2011 3:51am
Quoting eu_trader
the trick is to always bet against what those analyst say...........if u take 5 analyst views on Eurusd, and 4 ouit of 5 of time thinks EURUSD will go UP, short it!!!!!!!!!!!!! cause they are paid to do fake information..........hahaha.........cause they need more buyers in the market so they have more liquidity to short it.............haha..........understand this and u will always profit
Seriously, why cant you just long, wait for price to reverse before deciding to take the short side.
  • #551,026
  • Oct 17, 2011 3:53am Oct 17, 2011 3:53am
I'm looking at the untouched area by bears...1,365X...
But a lot of intradays support needs to be cracked : 1,383x, 1,377x and 1,372x

EDIT : still waiting for an entry...no entries and we can go towards 1,396x at least
COT: The precious data ignored
  • #551,027
  • Oct 17, 2011 3:54am Oct 17, 2011 3:54am
Quoting eu_trader
macro view of the economy always works in forex......euro is in trouble and u see a strong rise in euro......what does it show u? There is price unstability. Most people are afraid to short the euro as it is rising.....only the 5% dares to.......muahahaha........therefore 95% fails while 5% succeed
Why don't you pack yourself up, get yourself together and then dump yourself in the trashcan before the cleaning service arrives?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #551,028
  • Oct 17, 2011 3:54am Oct 17, 2011 3:54am
Quoting Geppy
Looks like 40% of Oanda traders 'dare to'. I'd question your sources, sir.

http://fxtrade.oanda.com/
Long term they can't survive
I have past history of statements to justify what i say.
  • #551,029
  • Edited 4:11am Oct 17, 2011 3:54am | Edited 4:11am
Nice article about evolution of rescue plans:

http://www.reuters.com/article/2011/...79G0SH20111017


Edit: Conclusion of article is very nice, so I add it as I want you to read it . Its probably the best summary I have read on this subject:

Quote:"It is easier for European politicians to support banks that are unable to raise private capital than it would be to admit they had poured taxpayers' money down a Greek hole."

T.
"I know one thing, that I know nothing." Sokrates
  • #551,030
  • Oct 17, 2011 3:54am Oct 17, 2011 3:54am
techinal view of EU...

fundamentel its down..
Attached Image
  • #551,031
  • Oct 17, 2011 3:56am Oct 17, 2011 3:56am
Man I really need to force myself to get up earlier in order to make some green pips.. Morning trades are always so obvious when looking back at past PA
  • #551,032
  • Oct 17, 2011 3:56am Oct 17, 2011 3:56am
there could be some retrace possible around this double 4H top, but depending of the entry long, still there is some bullish force. Buying now though is not a good idea,a t least to my opinion.
  • #551,033
  • Oct 17, 2011 3:58am Oct 17, 2011 3:58am
Quoting fxkiller
techinal view of EU...

fundamentel its down..
Also:


Attached Image (click to enlarge)
Click to Enlarge Name: 4hrtl.png Size: 28 KB


(but I don't really trade off trendlines too often, prefer horizontal levels)
"Don't Panic..."
  • #551,034
  • Oct 17, 2011 3:58am Oct 17, 2011 3:58am
Quoting Geppy
Looks like 40% of Oanda traders 'dare to'. I'd question your sources, sir.

http://fxtrade.oanda.com/
I cant see who are you qouting as he is on ignore list, but dont trust those numbers Oanda is posting. I remember they were totally misleading, as at start of this bullish trend there was written there are 70% sellers. If I had enough time I would find printscreens we were posting here.

T.
"I know one thing, that I know nothing." Sokrates
  • #551,035
  • Oct 17, 2011 3:59am Oct 17, 2011 3:59am
Nice pin bar in H1
  • #551,036
  • Oct 17, 2011 4:00am Oct 17, 2011 4:00am
Quoting eu_trader
euro will fail........u guys can short it now.......it is a trap to entice buyers to enter the market........

that was wednesday
  • #551,037
  • Oct 17, 2011 4:01am Oct 17, 2011 4:01am
Quoting eu_trader
Long term they can't survive
Great IF EU going down then please let me know where is your last stop of resistance mate
If there was easy money lying around,no one would be forcing it into your
  • #551,038
  • Oct 17, 2011 4:04am Oct 17, 2011 4:04am
Quoting Geppy
Not so sure about that. Never be afraid to buy in the direction of the move. I have an automated trading strategy I'm live testing in a small account still (been doing so for 3 months). It has a 3:1 risk:reward ration (not my normal style, hence the long testing for it), but it has a 95% win rate. If EUR/USD closes this hour at 1.3902 or higher it will run another 60 pips 95% of the time before it drops 180 pips (those are the parameters). Use this information any way you want, but I'm not offering trading advice here.
Thanks Geppy. Buying in the direction of a move is good for me only if the prices move at an acceleration of Xpips/minute. Like I said earlier...look at my previous post below here:

Quoting Motion
something is just not right...
seems the bulls are weakening. Maybe they need some pepsi or dew...
Don't just beat the markets, leave bruises.
  • #551,039
  • Oct 17, 2011 4:05am Oct 17, 2011 4:05am
Au is 3 more pips is gap closed, about bloody time trollop

Finally we might see some decent action I think her reaction will lead other ladies, bit more patience
If you are new to Forex? Say Goodbye to your account!!
  • #551,040
  • Oct 17, 2011 4:07am Oct 17, 2011 4:07am
Quoting Halifax
Also:


Attachment

(but I don't really trade off trendlines too often, prefer horizontal levels)
thats why i am also short for an long term...but however this pair will not fall still it take lots of stop losses...!
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