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  • #562,561
  • Nov 16, 2011 5:23am Nov 16, 2011 5:23am
Bullish market keep those longs still up. Im out + 200p. Pity i missed the buy earlier.
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  • #562,562
  • Nov 16, 2011 5:23am Nov 16, 2011 5:23am
i like what u said/

Quoting FxEuphoria
What is oversold? your rsi? stochastics? If negative sentiment and euro crisis continues your oversold indicator can be oversold for as long as it wants to be, the euro crisis doesn't give a crap about your indicators. The sooner you take that crap off your charts the better.

Replace the indicators with some solid time spent on trying to figure out whats going on in some real time news.
  • #562,563
  • Nov 16, 2011 5:25am Nov 16, 2011 5:25am
Quoting Alexone
Bullish market keep those longs still up. Im out + 200p. Pity i missed the buy earlier.

very nice Alexone, good trading
  • #562,564
  • Nov 16, 2011 5:26am Nov 16, 2011 5:26am
my profit came true after waiting long time for up then entry short :nerd:..patient is everything....
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be patient, self-belief and discipline... stay focus...
  • #562,565
  • Nov 16, 2011 5:28am Nov 16, 2011 5:28am
Quoting jsg007
Well, they probably wanted to sell at a better price

For long we should have broken trough 3540-3560 area. Those who did below, just entered against resistance.
Quote
I consider it deathbed spasm of bulls. They are more and more desperate.

Btw, I was missing ECB sterilization yesterday. Maybe they were loading to charge later? Moreover, there is a Portugese bond auction today. Anyway, I dont care, I am bearish since 11.7. EMU deserves to get spanked.

T.


thank you guys
  • #562,566
  • Nov 16, 2011 5:28am Nov 16, 2011 5:28am
i have decided to scalp for the moment. just got + 6 pips on the short from 3473 to 3466.

will continue scalping for a while.
  • #562,567
  • Nov 16, 2011 5:30am Nov 16, 2011 5:30am
where do i get information on the EU bonds and interest rates?
  • #562,568
  • Nov 16, 2011 5:32am Nov 16, 2011 5:32am
wow, nice . what did u use to catch the high and lows , reversals ?

Quoting radit27
my profit came true after waiting long time for up then entry short :nerd:..patient is everything....
  • #562,569
  • Nov 16, 2011 5:32am Nov 16, 2011 5:32am
out plus 50pips, going for lunch.
  • #562,570
  • Nov 16, 2011 5:33am Nov 16, 2011 5:33am
Quoting piotr-fx
we are inside an area i was writing about. now lets watch if we face proper price action + volume...
not enough. i am out as for the moment.
  • #562,571
  • Nov 16, 2011 5:34am Nov 16, 2011 5:34am
another scalp short entered atround 3471. looking for around +7 pips..
  • #562,572
  • Nov 16, 2011 5:34am Nov 16, 2011 5:34am
Quoting Link
Can somebody explain me what appen during the London Hours, I was sleeping. I check on the News section but I didnt found anything. Why we had this huge move upward?

Not huge bro, 3540 was breached and just went up for retest, so far rejected, few bulls here got bit excited, were off to the moon, I think smelly finger try to pick bottom, eu is still sell rallies until proven otherwise.
3540 was very low risk entry, was much safer than risk smelly finger

all 4 ladies eu au kiwi cable, 1hr utl , until that tl breached, retest and reject, buyer should sit on hands, have a look all 4 charts, you judge, who has been more success buyer or seller

Agree supports are supports, but they need to prove themselves first before enter imho, Bears have been grinding for days
If you are new to Forex? Say Goodbye to your account!!
  • #562,573
  • Nov 16, 2011 5:35am Nov 16, 2011 5:35am
Quoting tankokjian
where do i get information on the EU bonds and interest rates?
Propper question would be: "Please, can someone post a link to EU bond yields?"
or "Guys, can some of you please post ...."

You deserve to get spanked, as does EMU.

But anyway, here you are. 15 mins delayed, but good enough for me.

http://workforall.net/CDS-Credit-default-Swaps.html

T.
"I know one thing, that I know nothing." Sokrates
  • #562,574
  • Nov 16, 2011 5:36am Nov 16, 2011 5:36am
Quoting ThisPip
very nice Alexone, good trading
Tx! I got lucky though. It blew past equilibrium and everything. Seems i shoulda held it longer. It gave a reaction at the 76.4 pseudo fib lvl. Which is last stand for buyers. Unlikely that it will hold tho and i feel either lower low or close to it coming. Didnt want to risk it however.
  • #562,575
  • Nov 16, 2011 5:36am Nov 16, 2011 5:36am
aaah...! got my + 7 pips as i was writing the last post.

will continue scalping .

see ya all..
  • #562,576
  • Nov 16, 2011 5:37am Nov 16, 2011 5:37am
Quoting tankokjian
wow, nice . what did u use to catch the high and lows , reversals ?

maybe just a trendline and he got lucky. maybe he guessed. maybe he searched a high probability entry with the trend. all ok reasons.

however, the real power lies in knowing WHY this move happend in the first
place. even if you do not know it, go figure it out in hindsight. Analyzing
WHY moves happen in hindsight can help you predict more accurate
in the future, and take your trading to the very next level.


I know i said the exact same thing before, and i say it again.

Dont wanna be a smartass, but that has helped me very much.
  • #562,577
  • Nov 16, 2011 5:37am Nov 16, 2011 5:37am
Quoting Geene
LONG @3473 SL@3457
Out...
Trader from Croatia
  • #562,578
  • Nov 16, 2011 5:40am Nov 16, 2011 5:40am
Quoting Geene
Out...
Once it gets to such a deep retracement level and gives reaction to it, usually it will get tested again so u should have expected that! But then again what was ur reasoning for buy?
  • #562,579
  • Nov 16, 2011 5:40am Nov 16, 2011 5:40am
Tom_D_Trader , your the man. kudos to u!

Quoting Tom_D_Trader
Propper question would be: "Please, can someone post a link to EU bond yields?"
or "Guys, can some of you please post ...."

You deserve to get spanked, as does EMU.

But anyway, here you are. 15 mins delayed, but good enough for me.

http://workforall.net/CDS-Credit-default-Swaps.html

T.
  • #562,580
  • Nov 16, 2011 5:40am Nov 16, 2011 5:40am
Quoting Alexone
Tx! I got lucky though. It blew past equilibrium and everything. Seems i shoulda held it longer. It gave a reaction at the 76.4 pseudo fib lvl. Which is last stand for buyers. Unlikely that it will hold tho and i feel either lower low or close to it coming. Didnt want to risk it however.
Good thinking mate, and getting lucky is part of trading. to get lucky you
must participate in the market. You did just that, so you deserve to get lucky, cuz you were ready to bet money on a trade.
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