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  • #562,421
  • Nov 16, 2011 2:19am Nov 16, 2011 2:19am
Quoting normfx
I have a feeling there's too many shorts in the market..the major manipulators (big banks) need to shake them out before going lower..I could be wrong...lets see..just sayin
Nothing wrong witha good feeling. How long you think this stop hunting last?
Live to Trade FX - Trade FX to Live
  • #562,422
  • Nov 16, 2011 2:20am Nov 16, 2011 2:20am
Got those Goldman stop loss take out pips back, and a break of the descending channel, but can they hold it.
Yay! Pips for everyone!
  • #562,423
  • Nov 16, 2011 2:22am Nov 16, 2011 2:22am
u think too much.
  • #562,424
  • Nov 16, 2011 2:22am Nov 16, 2011 2:22am
Shorts may be makin a big mistake here at 1.3500..I'm sure they're lickin their chops. London may just suck them all in real good. I would expect a bounce off of the round number maybe several times before moving above it.
entry - 1.29250 s/l 200 pips
  • #562,425
  • Nov 16, 2011 2:23am Nov 16, 2011 2:23am
Quoting kotlt
Thank you, I'm in again 1.3466 , SL 1.3495, TP 1.3420
I got stopped out at 3490. Now on the bulls side.
  • #562,426
  • Nov 16, 2011 2:23am Nov 16, 2011 2:23am
Quoting tankokjian
u think too much.
You worry me to death, you think to much, you even worry my pets, haha, getting a little high on the hopium this morning, you'll have to forgive me.
Yay! Pips for everyone!
  • #562,427
  • Nov 16, 2011 2:23am Nov 16, 2011 2:23am
Quoting normfx
Rally should continue to 1.35750 as long as the buying is lite...If a lot of longs jump on board the rally, they will be shaken out..imho I have been wrong before lol just sayin

Norm

green pis to ya my friend.
Live to Trade FX - Trade FX to Live
  • #562,428
  • Nov 16, 2011 2:24am Nov 16, 2011 2:24am
patience wait for price to come back and then enter.
  • #562,429
  • Nov 16, 2011 2:25am Nov 16, 2011 2:25am
Quoting normfx
I have a feeling there's too many shorts in the market..the major manipulators (big banks) need to shake them out before going lower..I could be wrong...lets see..just sayin
Other way around.
  • #562,430
  • Nov 16, 2011 2:25am Nov 16, 2011 2:25am
Mr Cloggie, we need your levels please.....
  • #562,431
  • Nov 16, 2011 2:26am Nov 16, 2011 2:26am
Quoting GreatNorth
I would be careful with taking shorts here and would close any that you have open.

The number to watch is 34454, we dipped below it once already and it rebounded, if it attempts to break it again and fails to follow through than I would consider a long here for a possible +100 pips (if not greater.)
Next key level to watch is 3512.

It should reach that target, retrace a bit and go north for the next leg up.
  • #562,432
  • Nov 16, 2011 2:27am Nov 16, 2011 2:27am
Quoting ammarmemon
I got stopped out at 3490. Now on the bulls side.
me too, price hit my SL
Keep Simple...!
  • #562,433
  • Nov 16, 2011 2:29am Nov 16, 2011 2:29am
Quoting kotlt
me too, price hit my SL
I am sorry for that dear. Avoid shorts now atleast that is what I think for now, @reuters, there is some headlines like "Euro zone looks to Italy, Greece moves to ease crisis".
  • #562,434
  • Nov 16, 2011 2:31am Nov 16, 2011 2:31am
We need some help from ECB now to take this bitch above Cloggie's 3540...

Or around 3570 or 3610. Sky seems to be clear, it just needs a push now.
  • #562,435
  • Nov 16, 2011 2:31am Nov 16, 2011 2:31am
If you're shortin the round number..keep stop tight..I expect them to screw the shorts real good..you know they love to do it ...bastards P/s if the shorting is lite, they blow right thru 1.3500
entry - 1.29250 s/l 200 pips
  • #562,436
  • Nov 16, 2011 2:31am Nov 16, 2011 2:31am
Quoting Myrza
LOLOLOL..you got a big V for that
Thanks mate, it was time that someone put him where he is: Nowhere
New voice message: Why are you calling me? If I need you, I'll call you!
  • #562,437
  • Nov 16, 2011 2:33am Nov 16, 2011 2:33am
price will test this red zone first definately. get your ammos there standby.
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  • #562,438
  • Nov 16, 2011 2:33am Nov 16, 2011 2:33am
Quoting normfx
If you're shortin the round number..keep stop tight..I expect them to screw the shorts real good..you know they love to do it ...bastards
The market likes to inflict the most amount of pain on the most amount of traders, when the entire world is short, when bearish sentiment hits its extremes, that usually indicates a near term bottom, which is very possible we hit in the 1.3430 area on Goldman's trade getting stopped out last night.
Yay! Pips for everyone!
  • #562,439
  • Nov 16, 2011 2:34am Nov 16, 2011 2:34am
Quoting ammarmemon
Mr Cloggie, we need your levels please.....
wanna see me level..nah
waiting for a clean break above for a swing confirmation..
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  • #562,440
  • Nov 16, 2011 2:36am Nov 16, 2011 2:36am
Quoting normfx
Bank is doing a lil stop hunting here..rally should continue...most likely they'll bounce price around to screw with everyone.
You seem convinced these banks are after stops.
rat
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