This weekend should be a rough one, I would suggest not to let any position open. Maybe this holds true also for the BBs as well, I am expecting a moderate sell off at the end of NY session.
- #589,063
- Jan 27, 2012 8:52am Jan 27, 2012 8:52am
EUR/USD Daily is saying that we are going down, while the 1H and 15 Minutes are saying that we are going up. it means that I can trade on the short term depening on the 1H and 15 Minutes chart with keeping into consediration that on the long run we are going down. 
EUR/USD
Trust your strategy
- #589,066
- Jan 27, 2012 8:54am Jan 27, 2012 8:54am
- | Joined Dec 2011 | Status: Trader | 1,121 Posts
Piggies being led to slaughter.
- #589,068
- Jan 27, 2012 8:55am Jan 27, 2012 8:55am
- Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
This trend is untradeableill have an early weekend and commence on sunday.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
- #589,069
- Jan 27, 2012 8:58am Jan 27, 2012 8:58am
Piggies being led to slaughter.
the next move in the market depends on one or a combo of things
1. how any beers the london traders drank
2. how many coffees the NY traders drank
3. how many glasses of wine the french drank
its that simple
- #589,072
- Jan 27, 2012 9:02am Jan 27, 2012 9:02am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #589,076
- Jan 27, 2012 9:06am Jan 27, 2012 9:06am
- | Joined Dec 2011 | Status: Trader | 1,121 Posts
This trend is untradeable
Did you notice this trend?
Do you think we might be running out of buyers at the 1.32 level just above the arrow on the attached chart?
Of course this is forecasting but the probability suggest that we are more likely to go down from here than up.
To trade this requires you to not overlever and wait for the trade to come to you.
Much better than chipping away your account trying to get the exact top over and over in the lower time frame.
- #589,077
- Jan 27, 2012 9:07am Jan 27, 2012 9:07am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
I am nothing but an insect in the world of forex.
I still have alot to learn dear sir.
I have time, the market will always be here.
Mohan 
- #589,080
- Jan 27, 2012 9:09am Jan 27, 2012 9:09am
- | Joined Dec 2011 | Status: Trader | 1,121 Posts
Just wait until the air starts to come out of this bubble at lunch time when the big money starts to leave for the hamptons for the weekend. LoL!
that is the likely scenario
that is the likely scenario
what slaughter!
the next move in the market depends on one or a combo of things
1. how any beers the london traders drank
2. how many coffees the NY traders drank
3. how many glasses of wine the french drank
its that simple