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  • #564,441
  • Nov 20, 2011 1:45pm Nov 20, 2011 1:45pm
very hot topic...which side eur choose...up to or down digging....well im watch area 1.353, 1.34 and 1.31 ... i will follow the movement spot the top and bottom... my plan on this monday....i dont care about COG ...the important is profit, work well fit to me and work well on my live account.... ....we should have profit then loss everything.... see u all this monday market.... make profit as smart trader.....
be patient, self-belief and discipline... stay focus...
  • #564,442
  • Nov 20, 2011 2:26pm Nov 20, 2011 2:26pm
Quoting radit27
very hot topic...which side eur choose...up to or down digging....well im watch area 1.353, 1.34 and 1.31 ... i will follow the movement spot the top and bottom... my plan on this monday....i dont care about COG ...the important is profit, work well fit to me and work well on my live account.... ....we should have profit then loss everything.... see u all this monday market.... make profit as smart trader.....
Quit smoking that shit, dude...
Quant Hedge Fund CEO
  • #564,443
  • Nov 20, 2011 2:30pm Nov 20, 2011 2:30pm
Quoting Myrza
Try Center of gravity indicator using period 120.
Not a bad indi IMHO because it is based on linear regression
anyone know different between COG and MBFX indicator? or mbfx using COG indi?...
be patient, self-belief and discipline... stay focus...
  • #564,444
  • Nov 20, 2011 2:32pm Nov 20, 2011 2:32pm
Quoting KillerWhale
You haven't learnt shit did you?
Let me fix it for you: You haven`t learnt shit have you?

And excuse me sir that I somehow aroused the impression in you that I gave a damn about your opinion on me.

I donīt.
Quant Hedge Fund CEO
  • #564,445
  • Nov 20, 2011 2:37pm Nov 20, 2011 2:37pm
I read all of the arguments as to why EUR/USD should go short. However I do maintain my current bullish stance and will be looking for long entries after 4.00 am GMT tomorrow morning.

However if you look at the daily chart there are four bearish candles with Fridays candle being bullish.

However Thursday’s candle is an Inverse Hanging Man. According to Steve Nison, both a Hanging Man and Inverse Hanging Man need confirmation. Fridays candle was bullish and provided that confirmation for the Inverse Hanging Man suggestive that the daily trend will have reversed and become long for the time being.

Further looking at Wednesday’s, Thursday’s, and Friday’s candle there is a Morning Star which is a bullish signal.

Finally Friday’s candle is a Bullish Engulfing Pattern having engulfed the whole body of Thursday’s candle.

Thus looking at the candlestick patterns, there are a lot of good reasons to suggest that the price action might be bullish. Anyway let’s see what the market brings. The only fly in the ointment is the large spike on Friday's candle which could be a bearish signal.
  • #564,446
  • Nov 20, 2011 2:43pm Nov 20, 2011 2:43pm
Quoting FXMastermind
Let me fix it for you: You haven`t learnt shit have you?

And excuse me sir that I somehow aroused the impression in you that I gave a damn about your opinion on me.

I donīt.
inda ku tahu wang tpi bauta.. tahu ku.. kau inda faham kh bauta...
be patient, self-belief and discipline... stay focus...
  • #564,447
  • Nov 20, 2011 2:50pm Nov 20, 2011 2:50pm
Quoting ChristopherM
I read all of the arguments as to why EUR/USD should go short. However I do maintain my current bullish stance and will be looking for long entries after 4.00 am GMT tomorrow morning.

However if you look at the daily chart there are four bearish candles with Fridays candle being bullish.

[font=Times New Roman][size=3]However Thursday’s candle is an Inverse Hanging Man. According to Steve Nison, both a Hanging Man and Inverse Hanging Man need confirmation....
be patient, self-belief and discipline... stay focus...
  • #564,448
  • Nov 20, 2011 2:54pm Nov 20, 2011 2:54pm
Quoting ChristopherM


However Thursday’s candle is an Inverse Hanging Man. According to Steve Nison, both a Hanging Man and Inverse Hanging Man need confirmation. Fridays candle was bullish and provided that confirmation for the Inverse Hanging Man suggestive that the daily trend will have reversed and become long for the time being.
With regards to Steve Nison, I recall him adamantly saying he usually doesn't even trade the hanging man and inverse hanging man. He emphasized a lot on candles as an indication of investor psychology. With the wicks being as they were on Friday, I am not sure how you are confident going bullish according to Nison's philosophy. Anyway, good luck with your week.
  • #564,449
  • Nov 20, 2011 2:59pm Nov 20, 2011 2:59pm
Quoting bollythehobo
With regards to Steve Nison, I recall him adamantly saying he usually doesn't even trade the hanging man and inverse hanging man. He emphasized a lot on candles as an indication of investor psychology. With the wicks being as they were on Friday, I am not sure how you are confident going bullish according to Nison's philosophy. Anyway, good luck with your week.
Mr. Steve Nison, please trade me. I gonna turn around this bus.
http://img.peopleofpublictransit.com/2009/12/0203.jpg
The Thief of Wall Street
  • #564,450
  • Nov 20, 2011 3:29pm Nov 20, 2011 3:29pm
hehe ^^
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #564,451
  • Edited 3:53pm Nov 20, 2011 3:31pm | Edited 3:53pm
TABLE with outlook for EUR/USD for Monday and the Week Ahead No. 47 :

2011-11-18_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-46 (V1) a





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #564,452
  • Nov 20, 2011 4:28pm Nov 20, 2011 4:28pm
Quoting Chicky
...
Lol, saving, this picture will come in handy.

T
"I know one thing, that I know nothing." Sokrates
  • #564,453
  • Nov 20, 2011 4:32pm Nov 20, 2011 4:32pm
be careful dude ...
Quoting al5al majd
sell 2 standards 1pip = 20 $ + or - @ 1.3510
gap down @ 1.347x inshaa Allah
not euphoria follower
  • #564,454
  • Nov 20, 2011 4:52pm Nov 20, 2011 4:52pm
Hey Guys, could it be a triangle coming up on daily?

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  • #564,455
  • Nov 20, 2011 4:53pm Nov 20, 2011 4:53pm
i am in a contest this week so i won't be posting any trades, you can follow my progress here http://instaforex.com/contest_forex_sniper.php

my nickname is micho as usual
When life gives you lemons, make lemonade
  • #564,456
  • Nov 20, 2011 4:54pm Nov 20, 2011 4:54pm
good luck!

Quoting micho
i am in a contest this week so i won't be posting any trades, you can follow my progress here http://instaforex.com/contest_forex_sniper.php

my nickname is micho as usual
  • #564,457
  • Nov 20, 2011 4:58pm Nov 20, 2011 4:58pm
Quoting micho
i am in a contest this week so i won't be posting any trades, you can follow my progress here http://instaforex.com/contest_forex_sniper.php

my nickname is micho as usual
Yeah, good luck to you, don't take too much risk
New voice message: Why are you calling me? If I need you, I'll call you!
  • #564,458
  • Nov 20, 2011 4:58pm Nov 20, 2011 4:58pm
euro may go up this week because of the "super" committee failure could cause a downgrade on the buck...

http://video.cnbc.com/gallery/?video=3000058023
http://www.cnbc.com/id/45361564
  • #564,459
  • Nov 20, 2011 4:59pm Nov 20, 2011 4:59pm
1.35 long target 1.354 stop 1.349
Will buy again if it touches 3470.

Bull stream break pivot 23.6 and resistance 3 Friday.
Attached Image
  • #564,460
  • Nov 20, 2011 5:00pm Nov 20, 2011 5:00pm
Quoting mpurdy1973
good luck!
thank you
When life gives you lemons, make lemonade
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